Iceland vs. Virgin Islands Cost of Living Summary

Iceland is 20.7% more expensive than Virgin Islands overall.

Restaurants
pay 30.0% more in Iceland
Groceries
pay 29.7% less in Iceland
Transportation
pay 20.4% more in Iceland
Housing
pay 5.7% more in Iceland
Childcare
pay 12.5% more in Iceland
Entertainment and Sports
pay 54.6% more in Iceland
Clothing
pay 51.6% more in Iceland

The cost of entertainment and sports, clothing, restaurants, transportation, childcare, and housing in Iceland are more expensive than in Virgin Islands.

Iceland vs. Virgin Islands Cost Breakdown

If you lived in Iceland instead of Virgin Islands, you would:

pay 30.0% more for restaurants

 
Virgin Islands
Iceland
Basic meal with drink at inexpensive restaurant $25.50
 
$26.52
ISK3,254
Fast food combo meal
McDonalds, or similar
$10.48
 
$21.32
ISK2,616
Bottle of Coca-Cola (11 fl. oz) $3.10
 
$3.11
ISK382

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pay 29.7% less for groceries

 
Virgin Islands
Iceland
Bread
1 loaf
$6.43
 
$3.80
ISK467
Local cheese (8 oz) $8.40
 
$9.44
ISK1,158
Milk (1 gallon) $9.85
 
$7.78
ISK955

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pay 20.4% more for transportation

 
Virgin Islands
Iceland
Gasoline (1 gallon) $5.28
 
$9.65
ISK1,185
Monthly public transit pass $60.00
 
$79.56
ISK9,763
New Volkswagen Golf 1.4 (standard edition) $45,000.00
 
$49,144.25
ISK6M

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pay 5.7% more for housing

 
Virgin Islands
Iceland
Internet connection
50 mbps or faster, cable/dsl
$98.46
 
$95.65
ISK11,737
1-Bedroom apartment in downtown area $1,513.89
 
$2,289.17
ISK281K
1-Bedroom apartment outside city center $1,216.50
 
$1,830.04
ISK225K

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pay 12.5% more for childcare

 
Virgin Islands
Iceland
Private preschool for 1 child, monthly $1,287.50
 
$334.67
ISK41,067
Middle school for 1 child, two semesters $15,433.33
 
$30,711.08
ISK4M

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pay 54.6% more for entertainment and sports

 
Virgin Islands
Iceland
Domestic/local beer (1 pint) $6.50
 
$11.14
ISK1,367
Cappuccino in mid-range area $6.93
 
$5.62
ISK690
Pack of cigarettes
Marlboro or similar
$4.50
 
$13.90
ISK1,705

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pay 51.6% more for clothing

 
Virgin Islands
Iceland
Regular jeans
Levi's brand
$71.67
 
$130.91
ISK16,063
Regular dress
from H&M or similar store
$62.33
 
$61.83
ISK7,587
Running shoes
Nike or Adidas
$146.25
 
$163.81
ISK20,102

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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: February 2026
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