Cost of living comparison

compared to

Reykjavik vs. Roy Cost of Living Summary

Reykjavik is 66.4% more expensive than Roy.

Restaurants
pay 99.9% more in Reykjavik
Groceries
pay 52.0% more in Reykjavik
Transportation
pay 78.7% more in Reykjavik
Housing
pay 51.8% more in Reykjavik
Childcare
pay 6.6% more in Reykjavik
Entertainment and Sports
pay 94.5% more in Reykjavik
Clothing
pay 2.6 times more in Reykjavik

The cost of clothing, restaurants, entertainment and sports, transportation, groceries, and housing in Reykjavik are more expensive than in Roy. Notably, clothing, restaurants, and entertainment and sports are significantly more expensive in Reykjavik.

Reykjavik vs. Roy Cost Breakdown

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

pay 99.9% more for restaurants

 
Roy
Reykjavik
Basic meal with drink at inexpensive restaurant $18.00
 
$31.06
ISK3,813
Fast food combo meal
McDonalds, or similar
$10.00
 
$26.97
ISK3,312
Bottle of Coca-Cola (11 fl. oz) $2.24
 
$3.31
ISK407

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pay 52.0% more for groceries

 
Roy
Reykjavik
Bread
1 loaf
$2.74
 
$4.19
ISK515
Local cheese (8 oz) $5.94
 
$10.93
ISK1,342
Milk (1 gallon) $2.40
 
$7.78
ISK955

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pay 78.7% more for transportation

 
Roy
Reykjavik
Gasoline (1 gallon) $3.80
 
$7.76
ISK953
Monthly public transit pass $45.00
 
$94.80
ISK11,641
New Volkswagen Golf 1.4 (standard edition) $35,000.00
 
$50,588.43
ISK6M

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pay 51.8% more for housing

 
Roy
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$79.00
 
$86.01
ISK10,561
1-Bedroom apartment in downtown area $1,310.00
 
$2,522.88
ISK310K
1-Bedroom apartment outside city center $1,069.50
 
$2,032.25
ISK250K

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pay 6.6% more for childcare

 
Roy
Reykjavik
Private preschool for 1 child, monthly $1,308.40
 
$1,185.23
ISK146K
Middle school for 1 child, two semesters $20,595.56
 
$25,853.51
ISK3M

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pay 94.5% more for entertainment and sports

 
Roy
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$13.89
ISK1,706
Cappuccino in mid-range area $5.03
 
$6.74
ISK828
Pack of cigarettes
Marlboro or similar
$10.16
 
$13.89
ISK1,706

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pay 2.6 times more for clothing

 
Roy
Reykjavik
Regular jeans
Levi's brand
$40.00
 
$149.01
ISK18,297
Regular dress
from H&M or similar store
$25.00
 
$65.79
ISK8,078
Running shoes
Nike or Adidas
$90.00
 
$181.84
ISK22,328

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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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