Cost of living comparison

compared to

Wausau vs. Reykjavik Cost of Living Summary

Wausau is 0.3% cheaper than Reykjavik.

Restaurants
pay 32.4% less in Wausau
Groceries
pay 30.0% less in Wausau
Transportation
pay 44.2% less in Wausau
Housing
pay 8.5% less in Wausau
Childcare
pay 3.2 times more in Wausau
Entertainment and Sports
pay 49.6% less in Wausau
Clothing
pay 60.4% less in Wausau

Expenses including clothing, entertainment and sports, transportation, restaurants, groceries, and housing are lower in Wausau. Notably, childcare is significantly more expensive in Wausau.

Wausau vs. Reykjavik Cost Breakdown

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

pay 32.4% less for restaurants

 
Reykjavik
Wausau
Basic meal with drink at inexpensive restaurant $27.48
ISK3,452
$19.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,859
$8.50
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK419
$3.00
 

Improve prices ·

pay 30.0% less for groceries

 
Reykjavik
Wausau
Bread
1 loaf
$4.63
ISK582
$2.83
 
Local cheese (8 oz) $9.44
ISK1,186
$4.41
 
Milk (1 gallon) $7.63
ISK959
$3.50
 

Improve prices ·

pay 44.2% less for transportation

 
Reykjavik
Wausau
Gasoline (1 gallon) $9.66
ISK1,214
$2.98
 
Monthly public transit pass $88.58
ISK11,129
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,378,360
$36,165.86
 

Improve prices ·

pay 8.5% less for housing

 
Reykjavik
Wausau
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,298
$68.36
 
1-Bedroom apartment in downtown area $2,259.48
ISK283,859
$925.00
 
1-Bedroom apartment outside city center $2,034.90
ISK255,645
$700.00
 

Improve prices ·

pay 3.2 times more for childcare

 
Reykjavik
Wausau
Private preschool for 1 child, monthly $327.78
ISK41,179
$1,833.33
 
Middle school for 1 child, two semesters $30,711.08
ISK3,858,233
$26,555.00
 

Improve prices ·

pay 49.6% less for entertainment and sports

 
Reykjavik
Wausau
Domestic/local beer (1 pint) $13.12
ISK1,649
$5.50
 
Cappuccino in mid-range area $6.17
ISK776
$5.00
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,751
$8.38
 

Improve prices ·

pay 60.4% less for clothing

 
Reykjavik
Wausau
Regular jeans
Levi's brand
$145.10
ISK18,228
$25.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,036
$46.87
 
Running shoes
Nike or Adidas
$193.43
ISK24,301
$65.00
 

Improve prices ·
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
Share this

Compare countries by overall cost of living

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

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

ASK THE ELSEWHERE COMMUNITY

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