Cost of living comparison

compared to

Reykjavik vs. Saint Petersburg Cost of Living Summary

Reykjavik is 49.3% more expensive than Saint Petersburg.

Restaurants
pay 59.4% more in Reykjavik
Groceries
pay 20.9% more in Reykjavik
Transportation
pay 87.9% more in Reykjavik
Housing
pay 2.1% less in Reykjavik
Childcare
pay 25.5% less in Reykjavik
Entertainment and Sports
pay 83.4% more in Reykjavik
Clothing
pay 2.2 times more in Reykjavik

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

Reykjavik vs. Saint Petersburg Cost Breakdown

If you lived in Reykjavik instead of Saint Petersburg, you would:

pay 59.4% more for restaurants

 
Saint Petersburg
Reykjavik
Basic meal with drink at inexpensive restaurant $18.50
 
$27.48
ISK3,452
Fast food combo meal
McDonalds, or similar
$9.29
 
$22.76
ISK2,859
Bottle of Coca-Cola (11 fl. oz) $2.63
 
$3.34
ISK419

Improve prices ·

pay 20.9% more for groceries

 
Saint Petersburg
Reykjavik
Bread
1 loaf
$3.61
 
$4.63
ISK582
Local cheese (8 oz) $7.88
 
$9.44
ISK1,186
Milk (1 gallon) $4.40
 
$7.63
ISK959

Improve prices ·

pay 87.9% more for transportation

 
Saint Petersburg
Reykjavik
Gasoline (1 gallon) $3.23
 
$9.66
ISK1,214
Monthly public transit pass $70.00
 
$88.58
ISK11,129
New Volkswagen Golf 1.4 (standard edition) $36,050.00
 
$50,771.00
ISK6,378,360

Improve prices ·

pay 2.1% less for housing

 
Saint Petersburg
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$74.13
 
$81.97
ISK10,298
1-Bedroom apartment in downtown area $1,850.00
 
$2,259.48
ISK283,859
1-Bedroom apartment outside city center $1,585.71
 
$2,034.90
ISK255,645

Improve prices ·

pay 25.5% less for childcare

 
Saint Petersburg
Reykjavik
Private preschool for 1 child, monthly $1,250.00
 
$327.78
ISK41,179
Middle school for 1 child, two semesters $25,000.00
 
$30,711.08
ISK3,858,233

Improve prices ·

pay 83.4% more for entertainment and sports

 
Saint Petersburg
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$13.12
ISK1,649
Cappuccino in mid-range area $4.87
 
$6.17
ISK776
Pack of cigarettes
Marlboro or similar
$8.50
 
$13.94
ISK1,751

Improve prices ·

pay 2.2 times more for clothing

 
Saint Petersburg
Reykjavik
Regular jeans
Levi's brand
$66.00
 
$145.10
ISK18,228
Regular dress
from H&M or similar store
$37.38
 
$63.97
ISK8,036
Running shoes
Nike or Adidas
$73.50
 
$193.43
ISK24,301

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

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 Reykjavik or Saint Petersburg. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.