Cost of living comparison

Iceland

compared to

United States

West New York vs. Reykjavik Cost of Living Summary

West New York is 20.6% cheaper than Reykjavik.

Restaurants: pay 45.6% less in West New York
Groceries: pay 6.8% less in West New York
Transportation: pay 30.3% less in West New York
Housing: pay 4.2% less in West New York
Childcare: pay 2.2% more in West New York
Entertainment and Sports: pay 42.0% less in West New York
Clothing: pay 46.8% less in West New York

Expenses including clothing, restaurants, entertainment and sports, transportation, groceries, and housing are lower in West New York.

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West New York vs. Reykjavik Cost Breakdown

If you lived in West New York instead of Reykjavik, you would:

Display currency: USD

pay 45.6% less for restaurants

	Reykjavik	West New York
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,813	$19.00	-38.8%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,312	$13.00	-51.8%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK407	$2.50	-24.6%
Bottle of water (11 fl. oz)	$3.11 ISK381	$1.10	-64.6%
Average			-45.6%

Reykjavik vs. West New York - Cost of restaurants

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pay 6.8% less for groceries

	Reykjavik	West New York
Bread 1 loaf	$4.19 ISK515	$4.49	+7.1%
Local cheese (8 oz)	$10.93 ISK1,342	$6.98	-36.2%
Milk (1 gallon)	$7.78 ISK955	$4.87	-37.4%
Eggs 1 dozen	$7.08 ISK869	$5.00	-29.4%
Boneless chicken breast (1 lb)	$11.00 ISK1,351	$4.66	-57.6%
Apples (1 lb)	$1.50 ISK185	$2.75	+82.5%
Bananas (1 lb)	$1.27 ISK156	$1.62	+27.4%
Oranges (1 lb)	$1.46 ISK179	$1.94	+32.8%
Tomatoes (1 lb)	$2.93 ISK360	$2.41	-17.8%
Potatoes (1 lb)	$1.78 ISK218	$1.39	-22.0%
Onions (1 lb)	$0.76 ISK93	$1.38	+81.8%
Average			-6.8%

Reykjavik vs. West New York - Cost of groceries

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pay 30.3% less for transportation

	Reykjavik	West New York
Gasoline (1 gallon)	$7.76 ISK953	$3.41	-56.1%
Monthly public transit pass	$94.80 ISK11,641	$125.00	+31.9%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$35,458.00	-29.9%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,593	$20.40	-30.3%
Average			-30.3%

Reykjavik vs. West New York - Cost of transportation

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pay 4.2% less for housing

	Reykjavik	West New York
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,561	$50.00	-41.9%
1-Bedroom apartment in downtown area	$2,522.88 ISK310K	$2,650.00	+5.0%
1-Bedroom apartment outside city center	$2,032.25 ISK250K	??
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK9,018	$65.00	-11.5%
Average			-4.2%

Reykjavik vs. West New York - Cost of housing

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pay 2.2% more for childcare

	Reykjavik	West New York
Private preschool for 1 child, monthly	$1,185.23 ISK146K	$2,000.00	+68.7%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$16,000.00	-38.1%
Average			+2.2%

Reykjavik vs. West New York - Cost of childcare

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pay 42.0% less for entertainment and sports

	Reykjavik	West New York
Domestic/local beer (1 pint)	$13.89 ISK1,706	$6.00	-56.8%
Cappuccino in mid-range area	$6.74 ISK828	$5.00	-25.8%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,706	$12.00	-13.6%
Monthly membership at local gym	$100.25 ISK12,310	$29.00	-71.1%
Movie ticket to theater/cinema	$19.57 ISK2,403	$20.25	+3.5%
Average			-42.0%

Reykjavik vs. West New York - Cost of entertainment and sports

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pay 46.8% less for clothing

	Reykjavik	West New York
Regular jeans Levi's brand	$149.01 ISK18,297	$50.00	-66.4%
Regular dress from H&M or similar store	$65.79 ISK8,078	$80.00	+21.6%
Running shoes Nike or Adidas	$181.84 ISK22,328	$86.67	-52.3%
Men's business shoes (leather)	$248.81 ISK30,551	$102.50	-58.8%
Average			-46.8%

Reykjavik vs. West New York - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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