Cost of living comparison
Reykjavik vs. West Palm Beach Cost of Living Summary
Reykjavik is 31.6% more expensive than West Palm Beach.
- Restaurants
-
pay 71.7% more in Reykjavik
- Groceries
-
pay 32.5% more in Reykjavik
- Transportation
-
pay 58.4% more in Reykjavik
- Housing
-
pay 0.3% less in Reykjavik
- Childcare
-
pay 2.1% less in Reykjavik
- Entertainment and Sports
-
pay 84.1% more in Reykjavik
- Clothing
-
pay 2.0 times more in Reykjavik
The cost of clothing, entertainment and sports, restaurants, transportation, and groceries in Reykjavik are more expensive than in West Palm Beach. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. West Palm Beach Cost Breakdown
If you lived in Reykjavik instead of West Palm Beach, you would:
pay 71.7% more for restaurants
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.00
|
$31.06
ISK3,782
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$26.97
ISK3,284
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.50
|
$3.31
ISK404
|
|
| Bottle of water (11 fl. oz) |
$1.83
|
$3.11
ISK378
|
|
pay 32.5% more for groceries
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.06
|
$4.19
ISK511
|
|
| Local cheese (8 oz) |
$6.02
|
$10.93
ISK1,331
|
|
| Milk (1 gallon) |
$3.92
|
$7.78
ISK947
|
|
|
Eggs
1 dozen
|
$3.48
|
$7.08
ISK862
|
|
| Boneless chicken breast (1 lb) |
$4.94
|
$11.00
ISK1,340
|
|
| Apples (1 lb) |
$2.20
|
$1.50
ISK183
|
|
| Bananas (1 lb) |
$0.79
|
$1.27
ISK154
|
|
| Oranges (1 lb) |
$1.37
|
$1.46
ISK178
|
|
| Tomatoes (1 lb) |
$2.16
|
$2.93
ISK357
|
|
| Potatoes (1 lb) |
$1.41
|
$1.78
ISK216
|
|
| Onions (1 lb) |
$1.52
|
$0.76
ISK92
|
|
pay 58.4% more for transportation
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.88
|
$7.76
ISK946
|
|
| Monthly public transit pass |
$70.50
|
$94.80
ISK11,545
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,928.80
|
$50,588.43
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$18.10
|
$29.26
ISK3,563
|
|
pay 0.3% less for housing
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.00
|
$86.01
ISK10,474
|
|
| 1-Bedroom apartment in downtown area |
$2,258.33
|
$2,522.88
ISK307K
|
|
| 1-Bedroom apartment outside city center |
$1,771.67
|
$2,032.25
ISK247K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$151.32
|
$73.44
ISK8,943
|
|
pay 2.1% less for childcare
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,488.00
|
$1,185.23
ISK144K
|
|
| Middle school for 1 child, two semesters |
$21,500.00
|
$25,853.51
ISK3M
|
|
pay 84.1% more for entertainment and sports
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$13.89
ISK1,692
|
|
| Cappuccino in mid-range area |
$5.28
|
$6.74
ISK821
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
|
$13.89
ISK1,692
|
|
| Monthly membership at local gym |
$48.33
|
$100.25
ISK12,209
|
|
| Movie ticket to theater/cinema |
$10.00
|
$19.57
ISK2,384
|
|
pay 2.0 times more for clothing
|
West Palm Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$64.45
|
$149.01
ISK18,147
|
|
|
Regular dress
from H&M or similar store
|
$40.85
|
$65.79
ISK8,012
|
|
|
Running shoes
Nike or Adidas
|
$93.48
|
$181.84
ISK22,145
|
|
| Men's business shoes (leather) |
$110.00
|
$248.81
ISK30,300
|
|
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
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