CostCompass

CostCompass

Compare cost of living across cities worldwide. Plan your trip, relocation, or remote work destination with real data.

Explore
All CitiesCompare CitiesTrip Calculator
Regions
North AmericaEuropeAsiaSouth America

© 2026 CostCompass. All rights reserved. Prices scraped weekly from local sources and may contain occasional inaccuracies.
Cities/Reykjavik

Reykjavik

Iceland

The world's northernmost capital, a colorful, creative city offering geothermal pools, Northern Lights, and a gateway to Iceland's otherworldly volcanic landscapes.

Population: 131K
Avg Income: $ 91K/yr
Avg. Temp: 5°C
Area: 273 km²
ISK
CompareCalculator
93
Very Expensive

#29 of 250

86% above average

Est. Monthly Cost

$ 3 533

Based on NYC = 100 index


Compare With Other Cities

Similar destinations to explore

Expensive#31

Lucerne

Switzerland

Cost Index
92
1% cheaper
Expensive#24

Lisbon

Portugal

Cost Index
95
2% more expensive
Expensive#33

Cannes

France

Cost Index
89
4% cheaper
Expensive#39

Tenerife

Spain

Cost Index
86
8% cheaper

Cost Breakdown

Monthly average costs by category

Housing

$ 1 757

per month

Food & Groceries

$ 175

per month

Restaurants

$ 826

per month

Transportation

$ 261

per month

Utilities

$ 197

per month

Entertainment

$ 158

per month

Healthcare

$ 100

per month

Clothing

$ 61

per month