Cost of living comparison
compared to
Reykjavik vs. Watertown Cost of Living Summary
Reykjavik is 62.8% more expensive than Watertown.
- Restaurants
-
pay 64.5% more in Reykjavik
- Groceries
-
pay 63.2% more in Reykjavik
- Transportation
-
pay 87.7% more in Reykjavik
- Housing
-
pay 72.1% more in Reykjavik
- Childcare
-
pay 33.6% less in Reykjavik
- Entertainment and Sports
-
pay 59.4% more in Reykjavik
- Clothing
-
pay 2.3 times more in Reykjavik
The cost of clothing, transportation, housing, restaurants, groceries, and entertainment and sports in Reykjavik are more expensive than in Watertown. Notably, clothing and transportation are significantly more expensive in Reykjavik.
Reykjavik vs. Watertown Cost Breakdown
If you lived in Reykjavik instead of Watertown, you would:
pay 64.5% more for restaurants
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.75
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.38
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$2.10
|
$2.70
ISK345
|
|
Watertown vs. Reykjavik - Cost of restaurants
pay 63.2% more for groceries
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$6.82
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$2.50
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$3.10
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$3.80
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$1.81
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$0.70
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$2.43
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$2.26
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$1.11
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$1.62
|
$1.13
ISK145
|
|
Watertown vs. Reykjavik - Cost of groceries
pay 87.7% more for transportation
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.34
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$44.00
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,344.69
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$23.20
|
$28.07
ISK3,592
|
|
Watertown vs. Reykjavik - Cost of transportation
pay 72.1% more for housing
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$65.00
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$900.00
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$750.00
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$152.94
|
$60.87
ISK7,791
|
|
Watertown vs. Reykjavik - Cost of housing
pay 33.6% less for childcare
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,300.00
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$28,560.00
|
$30,711.08
ISK3,930,404
|
|
Watertown vs. Reykjavik - Cost of childcare
pay 59.4% more for entertainment and sports
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.00
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$5.44
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.00
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym | ?? |
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$10.60
|
$17.18
ISK2,199
|
|
Watertown vs. Reykjavik - Cost of entertainment and sports
pay 2.3 times more for clothing
|
Watertown
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.13
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$46.13
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$93.75
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$114.75
|
$248.79
ISK31,840
|
|
Watertown 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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