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

Data updated: Apr 1, 2026© 2026 CostCompass. All rights reserved. Data is crowdsourced and may not be 100% accurate.
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

Index
92
1% cheaper
Expensive#24

Lisbon

Portugal

Index
95
2% more expensive
Expensive#33

Cannes

France

Index
89
4% cheaper
Expensive#39

Tenerife

Spain

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