Cost of living comparison
compared to
Reykjavik vs. Silver Spring Cost of Living Summary
Reykjavik is 37.2% more expensive than Silver Spring.
- Restaurants
-
pay 33.8% more in Reykjavik
- Groceries
-
pay 9.0% more in Reykjavik
- Transportation
-
pay 74.2% more in Reykjavik
- Housing
-
pay 18.5% more in Reykjavik
- Childcare
-
pay 67.0% less in Reykjavik
- Entertainment and Sports
-
pay 67.6% more in Reykjavik
- Clothing
-
pay 2.2 times more in Reykjavik
The cost of clothing, transportation, entertainment and sports, restaurants, housing, and groceries in Reykjavik are more expensive than in Silver Spring. Notably, clothing is significantly more expensive in Reykjavik.
Reykjavik vs. Silver Spring Cost Breakdown
If you lived in Reykjavik instead of Silver Spring, you would:
pay 33.8% more for restaurants
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.00
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.91
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$2.50
|
$2.70
ISK341
|
|
Silver Spring vs. Reykjavik - Cost of restaurants
pay 9.0% more for groceries
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.78
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$9.18
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$3.58
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$5.99
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$6.49
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$3.45
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$0.79
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$3.67
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$3.67
|
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$1.50
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$1.83
|
$1.13
ISK143
|
|
Silver Spring vs. Reykjavik - Cost of groceries
pay 74.2% more for transportation
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.16
|
$9.66
ISK1,221
|
|
| Monthly public transit pass |
$176.00
|
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,231.99
|
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$14.58
|
$28.07
ISK3,548
|
|
Silver Spring vs. Reykjavik - Cost of transportation
pay 18.5% more for housing
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.00
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$1,945.00
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$1,150.00
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.88
|
$60.87
ISK7,694
|
|
Silver Spring vs. Reykjavik - Cost of housing
pay 67.0% less for childcare
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,233.33
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters |
$60,000.00
|
$30,711.08
ISK3,881,881
|
|
Silver Spring vs. Reykjavik - Cost of childcare
pay 67.6% more for entertainment and sports
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$5.29
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.00
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym |
$33.33
|
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema |
$17.00
|
$17.18
ISK2,172
|
|
Silver Spring vs. Reykjavik - Cost of entertainment and sports
pay 2.2 times more for clothing
|
Silver Spring
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$46.75
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$36.33
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$95.00
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$120.00
|
$248.79
ISK31,447
|
|
Silver Spring 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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