Cost of living comparison

compared to

Virgin Islands vs. Reykjavik Cost of Living Summary

Virgin Islands is 25.7% more expensive than Reykjavik.

Restaurants: pay 19.6% less in Virgin Islands
Groceries: pay 65.2% more in Virgin Islands
Transportation: pay 7.3% less in Virgin Islands
Housing: pay 73.7% more in Virgin Islands
Childcare: pay 2.2 times more in Virgin Islands
Entertainment and Sports: pay 20.7% less in Virgin Islands
Clothing: pay 33.2% less in Virgin Islands

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

Virgin Islands vs. Reykjavik Cost Breakdown

If you lived in Virgin Islands instead of Reykjavik, you would:

Display currency: USD

pay 19.6% less for restaurants

	Reykjavik	Virgin Islands
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$25.50	-7.2%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$10.48	-54.0%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$3.10	-7.1%
Bottle of water (11 fl. oz)	$2.70 ISK345	$2.42	-10.2%
Average			-19.6%

Reykjavik vs. Virgin Islands - Cost of restaurants

Improve prices · Change currency (USD)

pay 65.2% more for groceries

	Reykjavik	Virgin Islands
Bread 1 loaf	$4.63 ISK593	$6.43	+38.7%
Local cheese (8 oz)	$9.44 ISK1,208	$8.40	-11.0%
Milk (1 gallon)	$7.63 ISK976	$9.85	+29.1%
Eggs 1 dozen	$6.50 ISK832	$7.46	+14.7%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$11.78	+4.3%
Apples (1 lb)	$1.59 ISK204	$4.66	+193.3%
Bananas (1 lb)	$1.17 ISK150	$2.67	+128.4%
Oranges (1 lb)	$1.49 ISK190	$3.50	+134.8%
Tomatoes (1 lb)	$2.54 ISK325	$4.69	+85.1%
Potatoes (1 lb)	$1.70 ISK217	$1.28	-24.7%
Onions (1 lb)	$1.13 ISK145	$2.53	+124.1%
Average			+65.2%

Reykjavik vs. Virgin Islands - Cost of groceries

Improve prices · Change currency (USD)

pay 7.3% less for transportation

	Reykjavik	Virgin Islands
Gasoline (1 gallon)	$9.66 ISK1,236	$5.28	-45.3%
Monthly public transit pass	$88.58 ISK11,337	$60.00	-32.3%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$45,000.00	-11.4%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$44.85	+59.8%
Average			-7.3%

Reykjavik vs. Virgin Islands - Cost of transportation

Improve prices · Change currency (USD)

pay 73.7% more for housing

	Reykjavik	Virgin Islands
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$98.46	+20.1%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$1,513.89	-33.0%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,216.50	-40.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$272.68	+347.9%
Average			+73.7%

Reykjavik vs. Virgin Islands - Cost of housing

Improve prices · Change currency (USD)

pay 2.2 times more for childcare

	Reykjavik	Virgin Islands
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,287.50	+292.8%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$15,433.33	-49.7%
Average			+121.6%

Reykjavik vs. Virgin Islands - Cost of childcare

Improve prices · Change currency (USD)

pay 20.7% less for entertainment and sports

	Reykjavik	Virgin Islands
Domestic/local beer (1 pint)	$13.12 ISK1,680	$6.50	-50.5%
Cappuccino in mid-range area	$6.17 ISK790	$6.93	+12.3%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$4.50	-67.7%
Monthly membership at local gym	$87.35 ISK11,179	$118.33	+35.5%
Movie ticket to theater/cinema	$17.18 ISK2,199	$11.50	-33.1%
Average			-20.7%

Reykjavik vs. Virgin Islands - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 33.2% less for clothing

	Reykjavik	Virgin Islands
Regular jeans Levi's brand	$145.10 ISK18,569	$71.67	-50.6%
Regular dress from H&M or similar store	$63.97 ISK8,187	$62.33	-2.6%
Running shoes Nike or Adidas	$193.43 ISK24,755	$146.25	-24.4%
Men's business shoes (leather)	$248.79 ISK31,840	$111.67	-55.1%
Average			-33.2%

Reykjavik vs. Virgin Islands - Cost of clothing

Improve prices · Change currency (USD)

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

More cost comparisons

Reykjavik vs.

Berlin

Reykjavik vs.

Lima

Reykjavik vs.

Vienna

Reykjavik vs.

Canberra

Reykjavik vs.

Algiers

Reykjavik vs.

Warsaw

Reykjavik vs.

Hong Kong

Reykjavik vs.

Kiev

Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. Virgin Islands. This provides a comparison of the average cost of living from cities within Iceland and Virgin Islands.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Reykjavik

Add prices for Virgin Islands

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Virgin Islands or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.