Cost of living comparison

compared to

Reykjavik vs. Torrance Cost of Living Summary

Reykjavik is 39.7% more expensive than Torrance.

Restaurants: pay 52.2% more in Reykjavik
Groceries: pay 12.6% more in Reykjavik
Transportation: pay 77.9% more in Reykjavik
Housing: pay 13.1% less in Reykjavik
Childcare: pay 11.6% more in Reykjavik
Entertainment and Sports: pay 47.3% more in Reykjavik
Clothing: pay 89.7% more in Reykjavik

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

Reykjavik vs. Torrance Cost Breakdown

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

Display currency: USD

pay 52.2% more for restaurants

	Torrance	Reykjavik
Basic meal with drink at inexpensive restaurant	$14.75	$27.48 ISK3,517	+86.3%
Fast food combo meal McDonalds, or similar	$13.00	$22.76 ISK2,913	+75.1%
Bottle of Coca-Cola (11 fl. oz)	$2.83	$3.34 ISK427	+18.0%
Bottle of water (11 fl. oz)	$2.08	$2.70 ISK345	+29.5%
Average			+52.2%

Torrance vs. Reykjavik - Cost of restaurants

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pay 12.6% more for groceries

	Torrance	Reykjavik
Bread 1 loaf	$4.41	$4.63 ISK593	+5.1%
Local cheese (8 oz)	$6.67	$9.44 ISK1,208	+41.5%
Milk (1 gallon)	$4.71	$7.63 ISK976	+62.1%
Eggs 1 dozen	$4.88	$6.50 ISK832	+33.4%
Boneless chicken breast (1 lb)	$7.55	$11.29 ISK1,445	+49.5%
Apples (1 lb)	$2.60	$1.59 ISK204	-38.9%
Bananas (1 lb)	$1.23	$1.17 ISK150	-4.9%
Oranges (1 lb)	$2.00	$1.49 ISK190	-25.5%
Tomatoes (1 lb)	$2.17	$2.54 ISK325	+17.1%
Potatoes (1 lb)	$1.40	$1.70 ISK217	+21.5%
Onions (1 lb)	$1.46	$1.13 ISK145	-22.7%
Average			+12.6%

Torrance vs. Reykjavik - Cost of groceries

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pay 77.9% more for transportation

	Torrance	Reykjavik
Gasoline (1 gallon)	$4.74	$9.66 ISK1,236	+103.9%
Monthly public transit pass	$45.00	$88.58 ISK11,337	+96.9%
New Volkswagen Golf 1.4 (standard edition)	$32,727.50	$50,771.00 ISK6,497,672	+55.1%
Taxi trip in downtown area (5 miles)	$18.01	$28.07 ISK3,592	+55.8%
Average			+77.9%

Torrance vs. Reykjavik - Cost of transportation

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pay 13.1% less for housing

	Torrance	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$62.33	$81.97 ISK10,490	+31.5%
1-Bedroom apartment in downtown area	$2,666.67	$2,259.48 ISK289,169	-15.3%
1-Bedroom apartment outside city center	$2,025.00	$2,034.90 ISK260,427	+0.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$196.25	$60.87 ISK7,791	-69.0%
Average			-13.1%

Torrance vs. Reykjavik - Cost of housing

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pay 11.6% more for childcare

	Torrance	Reykjavik
Private preschool for 1 child, monthly	$1,762.50	$327.78 ISK41,949	-81.4%
Middle school for 1 child, two semesters	$15,000.00	$30,711.08 ISK3,930,404	+104.7%
Average			+11.6%

Torrance vs. Reykjavik - Cost of childcare

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pay 47.3% more for entertainment and sports

	Torrance	Reykjavik
Domestic/local beer (1 pint)	$8.00	$13.12 ISK1,680	+64.0%
Cappuccino in mid-range area	$6.33	$6.17 ISK790	-2.5%
Pack of cigarettes Marlboro or similar	$11.50	$13.94 ISK1,783	+21.2%
Monthly membership at local gym	$35.00	$87.35 ISK11,179	+149.6%
Movie ticket to theater/cinema	$16.50	$17.18 ISK2,199	+4.1%
Average			+47.3%

Torrance vs. Reykjavik - Cost of entertainment and sports

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pay 89.7% more for clothing

	Torrance	Reykjavik
Regular jeans Levi's brand	$61.25	$145.10 ISK18,569	+136.9%
Regular dress from H&M or similar store	$44.15	$63.97 ISK8,187	+44.9%
Running shoes Nike or Adidas	$91.67	$193.43 ISK24,755	+111.0%
Men's business shoes (leather)	$149.85	$248.79 ISK31,840	+66.0%
Average			+89.7%

Torrance vs. Reykjavik - Cost of clothing

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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: December 2025

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