Cost of living comparison

compared to

Reykjavik vs. Tortola Cost of Living Summary

Reykjavik is 48.2% more expensive than Tortola.

Restaurants
pay 57.8% more in Reykjavik
Groceries
pay 1.4% more in Reykjavik
Housing
pay 29.8% more in Reykjavik
Entertainment and Sports
pay 85.1% more in Reykjavik
Clothing
pay 66.8% more in Reykjavik

The cost of entertainment and sports, clothing, restaurants, housing, and groceries in Reykjavik are more expensive than in Tortola. Notably, entertainment and sports is significantly more expensive in Reykjavik.

Reykjavik vs. Tortola Cost Breakdown

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

pay 57.8% more for restaurants

 
Tortola
Reykjavik
Basic meal with drink at inexpensive restaurant $28.99
 
$27.48
ISK3,338
Fast food combo meal
McDonalds, or similar
$15.00
 
$22.76
ISK2,765
Bottle of Coca-Cola (11 fl. oz) $1.83
 
$3.34
ISK405

Improve prices ·

pay 1.4% more for groceries

 
Tortola
Reykjavik
Bread
1 loaf
$5.26
 
$4.63
ISK563
Local cheese (8 oz) $6.50
 
$9.44
ISK1,146
Milk (1 gallon) $10.06
 
$7.63
ISK927

Improve prices ·

pay (unknown) more for transportation

 
Tortola
Reykjavik
Gasoline (1 gallon) ?? $9.66
ISK1,173
Monthly public transit pass ?? $88.58
ISK10,760
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6M

Improve prices ·

pay 29.8% more for housing

 
Tortola
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$115.00
 
$81.97
ISK9,957
1-Bedroom apartment in downtown area $1,250.00
 
$2,259.48
ISK274K
1-Bedroom apartment outside city center $1,000.00
 
$2,034.90
ISK247K

Improve prices ·

pay (unknown) more for childcare

 
Tortola
Reykjavik
Private preschool for 1 child, monthly ?? $327.78
ISK39,815
Middle school for 1 child, two semesters ?? $30,711.08
ISK4M

Improve prices ·

pay 85.1% more for entertainment and sports

 
Tortola
Reykjavik
Domestic/local beer (1 pint) $3.50
 
$13.12
ISK1,594
Cappuccino in mid-range area $7.33
 
$6.17
ISK750
Pack of cigarettes
Marlboro or similar
$5.00
 
$13.94
ISK1,693

Improve prices ·

pay 66.8% more for clothing

 
Tortola
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK17,625
Regular dress
from H&M or similar store
?? $63.97
ISK7,770
Running shoes
Nike or Adidas
$180.00
 
$193.43
ISK23,496

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in British Virgin Islands vs. Iceland. This provides a comparison of the average cost of living from cities within British Virgin Islands and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Reykjavik or Tortola. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.