Cost of living comparison

compared to

Reykjavik vs. Scottsdale Cost of Living Summary

Reykjavik is 55.7% more expensive than Scottsdale.

Restaurants
pay 39.4% more in Reykjavik
Groceries
pay 40.2% more in Reykjavik
Transportation
pay 2.1 times more in Reykjavik
Housing
pay 7.4% less in Reykjavik
Childcare
pay 11.9% more in Reykjavik
Entertainment and Sports
pay 73.3% more in Reykjavik
Clothing
pay 2.2 times more in Reykjavik

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

Reykjavik vs. Scottsdale Cost Breakdown

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

pay 39.4% more for restaurants

 
Scottsdale
Reykjavik
Basic meal with drink at inexpensive restaurant $20.00
 
$27.48
ISK3,449
Fast food combo meal
McDonalds, or similar
$12.00
 
$22.76
ISK2,857
Bottle of Coca-Cola (11 fl. oz) $2.83
 
$3.34
ISK419

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pay 40.2% more for groceries

 
Scottsdale
Reykjavik
Bread
1 loaf
$3.58
 
$4.63
ISK582
Local cheese (8 oz) $5.82
 
$9.44
ISK1,185
Milk (1 gallon) $3.40
 
$7.63
ISK958

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pay 2.1 times more for transportation

 
Scottsdale
Reykjavik
Gasoline (1 gallon) $3.42
 
$9.66
ISK1,213
Monthly public transit pass $43.00
 
$88.58
ISK11,120
New Volkswagen Golf 1.4 (standard edition) $36,113.30
 
$50,771.00
ISK6M

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pay 7.4% less for housing

 
Scottsdale
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$81.88
 
$81.97
ISK10,289
1-Bedroom apartment in downtown area $1,883.33
 
$2,259.48
ISK284K
1-Bedroom apartment outside city center $1,708.33
 
$2,034.90
ISK255K

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pay 11.9% more for childcare

 
Scottsdale
Reykjavik
Private preschool for 1 child, monthly $1,214.72
 
$327.78
ISK41,146
Middle school for 1 child, two semesters $15,605.00
 
$30,711.08
ISK4M

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pay 73.3% more for entertainment and sports

 
Scottsdale
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$13.12
ISK1,647
Cappuccino in mid-range area $5.38
 
$6.17
ISK775
Pack of cigarettes
Marlboro or similar
$9.22
 
$13.94
ISK1,749

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pay 2.2 times more for clothing

 
Scottsdale
Reykjavik
Regular jeans
Levi's brand
$47.22
 
$145.10
ISK18,214
Regular dress
from H&M or similar store
$43.50
 
$63.97
ISK8,030
Running shoes
Nike or Adidas
$87.50
 
$193.43
ISK24,281

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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: June 2026
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