Cost of living comparison
compared to
Reykjavik vs. Stamford Cost of Living Summary
Reykjavik is 46.1% more expensive than Stamford.
Reykjavik vs. Stamford Cost Breakdown
If you lived in Reykjavik instead of Stamford, you would:
pay 60.5% more for restaurants
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$27.48
ISK3,470
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.50
|
$22.76
ISK2,875
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.67
|
$3.34
ISK421
|
|
| Bottle of water (11 fl. oz) |
$1.92
|
$2.70
ISK341
|
|
Stamford vs. Reykjavik - Cost of restaurants
pay 12.2% more for groceries
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.70
|
$4.63
ISK585
|
|
| Local cheese (8 oz) |
$7.71
|
$9.44
ISK1,192
|
|
| Milk (1 gallon) |
$4.33
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$3.66
|
$6.50
ISK821
|
|
| Boneless chicken breast (1 lb) |
$6.12
|
$11.29
ISK1,426
|
|
| Apples (1 lb) |
$2.50
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$1.00
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$2.17
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$2.94
|
$2.54
ISK320
|
|
| Potatoes (1 lb) |
$2.06
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$1.99
|
$1.13
ISK143
|
|
Stamford vs. Reykjavik - Cost of groceries
pay 2.3 times more for transportation
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.20
|
$9.66
ISK1,220
|
|
| Monthly public transit pass |
$30.00
|
$88.58
ISK11,188
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,671.50
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$20.40
|
$28.07
ISK3,545
|
|
Stamford vs. Reykjavik - Cost of transportation
pay 16.3% less for housing
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.50
|
$81.97
ISK10,353
|
|
| 1-Bedroom apartment in downtown area |
$2,900.00
|
$2,259.48
ISK285K
|
|
| 1-Bedroom apartment outside city center |
$2,333.33
|
$2,034.90
ISK257K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$121.64
|
$60.87
ISK7,688
|
|
Stamford vs. Reykjavik - Cost of housing
pay 14.6% more for childcare
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,183.33
|
$327.78
ISK41,399
|
|
| Middle school for 1 child, two semesters |
$14,333.33
|
$30,711.08
ISK4M
|
|
Stamford vs. Reykjavik - Cost of childcare
pay 19.1% more for entertainment and sports
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.00
|
$13.12
ISK1,657
|
|
| Cappuccino in mid-range area |
$4.25
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.50
|
$13.94
ISK1,760
|
|
| Monthly membership at local gym |
$108.33
|
$87.35
ISK11,033
|
|
| Movie ticket to theater/cinema |
$20.00
|
$17.18
ISK2,170
|
|
Stamford vs. Reykjavik - Cost of entertainment and sports
pay 2.1 times more for clothing
|
Stamford
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.75
|
$145.10
ISK18,326
|
|
|
Regular dress
from H&M or similar store
|
$47.50
|
$63.97
ISK8,079
|
|
|
Running shoes
Nike or Adidas
|
$88.75
|
$193.43
ISK24,430
|
|
| Men's business shoes (leather) |
$122.83
|
$248.79
ISK31,422
|
|
Stamford 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: March 2026
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cost of living in United States vs. Iceland.
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