Cost of living comparison
compared to
Reykjavik vs. Santa Fe Cost of Living Summary
Reykjavik is 56.7% more expensive than Santa Fe.
- Restaurants
-
pay 64.5% more in Reykjavik
- Groceries
-
pay 43.4% more in Reykjavik
- Transportation
-
pay 2.1 times more in Reykjavik
- Housing
-
pay 2.1% less in Reykjavik
- Childcare
-
pay 11.8% more in Reykjavik
- Entertainment and Sports
-
pay 40.7% more in Reykjavik
- Clothing
-
pay 2.3 times more in Reykjavik
The cost of clothing, transportation, restaurants, groceries, entertainment and sports, and childcare in Reykjavik are more expensive than in Santa Fe. Notably, clothing and transportation are significantly more expensive in Reykjavik.
Reykjavik vs. Santa Fe Cost Breakdown
If you lived in Reykjavik instead of Santa Fe, you would:
pay 64.5% more for restaurants
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.00
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.73
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$1.84
|
$2.70
ISK345
|
|
Santa Fe vs. Reykjavik - Cost of restaurants
pay 43.4% more for groceries
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.97
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$5.94
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$3.94
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$4.41
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$4.53
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$2.24
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$0.68
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$1.75
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$2.37
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$1.20
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$1.18
|
$1.13
ISK145
|
|
Santa Fe vs. Reykjavik - Cost of groceries
pay 2.1 times more for transportation
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.98
|
$9.66
ISK1,236
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,500.00
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$19.51
|
$28.07
ISK3,592
|
|
Santa Fe vs. Reykjavik - Cost of transportation
pay 2.1% less for housing
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.80
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$2,187.50
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$1,652.50
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$131.92
|
$60.87
ISK7,791
|
|
Santa Fe vs. Reykjavik - Cost of housing
pay 11.8% more for childcare
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,340.00
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$15,435.00
|
$30,711.08
ISK3,930,404
|
|
Santa Fe vs. Reykjavik - Cost of childcare
pay 40.7% more for entertainment and sports
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$5.06
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.00
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$86.67
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$14.00
|
$17.18
ISK2,199
|
|
Santa Fe vs. Reykjavik - Cost of entertainment and sports
pay 2.3 times more for clothing
|
Santa Fe
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.50
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$50.00
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$88.33
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$100.00
|
$248.79
ISK31,840
|
|
Santa Fe vs. Reykjavik - Cost of clothing
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
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