Cost of living comparison

compared to

Veldoven vs. Reykjavik Cost of Living Summary

Veldoven is 30.2% more expensive than Reykjavik.

Restaurants
pay 0.4% less in Veldoven
Groceries
pay 32.7% less in Veldoven
Transportation
pay 13.3% less in Veldoven
Housing
pay 77.3% more in Veldoven
Childcare
pay 3.4 times more in Veldoven
Entertainment and Sports
pay 25.9% less in Veldoven
Clothing
pay 38.5% less in Veldoven

The cost of childcare and housing in Veldoven are more expensive than in Reykjavik. Expenses including clothing, groceries, entertainment and sports, transportation, and restaurants are lower in Veldoven. Notably, childcare and housing are significantly more expensive in Veldoven.

Veldoven vs. Reykjavik Cost Breakdown

If you lived in Veldoven instead of Reykjavik, you would:

pay 0.4% less for restaurants

 
Reykjavik
Veldoven
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$25.40
€21.91
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$15.77
€13.60
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$3.92
€3.38

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pay 32.7% less for groceries

 
Reykjavik
Veldoven
Bread
1 loaf
$4.63
ISK593
$2.05
€1.77
Local cheese (8 oz) $9.44
ISK1,208
$6.52
€5.62
Milk (1 gallon) $7.63
ISK976
$4.99
€4.30

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pay 13.3% less for transportation

 
Reykjavik
Veldoven
Gasoline (1 gallon) $9.66
ISK1,236
$8.63
€7.44
Monthly public transit pass $88.58
ISK11,337
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$35,037.93
€30,214.15

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pay 77.3% more for housing

 
Reykjavik
Veldoven
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$43.86
€37.82
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
??
1-Bedroom apartment outside city center $2,034.90
ISK260,427
??

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pay 3.4 times more for childcare

 
Reykjavik
Veldoven
Private preschool for 1 child, monthly $327.78
ISK41,949
$2,180.69
€1,880.47
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$7,475.46
€6,446.29

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pay 25.9% less for entertainment and sports

 
Reykjavik
Veldoven
Domestic/local beer (1 pint) $13.12
ISK1,680
$5.84
€5.04
Cappuccino in mid-range area $6.17
ISK790
$4.31
€3.71
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$14.02
€12.09

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pay 38.5% less for clothing

 
Reykjavik
Veldoven
Regular jeans
Levi's brand
$145.10
ISK18,569
$100.05
€86.28
Regular dress
from H&M or similar store
$63.97
ISK8,187
$45.74
€39.45
Running shoes
Nike or Adidas
$193.43
ISK24,755
$110.76
€95.51

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025
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