Cost of living comparison

 Atlanta (GA), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Atlanta Cost of Living Summary

Reykjavik is 9.6% more expensive than Atlanta.

Restaurants
pay 15.9% more in Reykjavik
Groceries
pay 1.9% less in Reykjavik
Transportation
pay 51.6% more in Reykjavik
Housing
pay 9.9% less in Reykjavik
Childcare
pay 79.2% less in Reykjavik
Entertainment and Sports
pay 26.8% more in Reykjavik
Clothing
pay 63.6% more in Reykjavik

The cost of clothing, transportation, entertainment and sports, and restaurants in Reykjavik are more expensive than in Atlanta. Expenses including childcare, housing, and groceries are lower in Reykjavik.

Reykjavik vs. Atlanta Cost Breakdown

If you lived in Reykjavik instead of Atlanta, you would:

pay 15.9% more for restaurants

 
Atlanta
Reykjavik
Basic meal with drink at inexpensive restaurant $22.00
 
$20.00
ISK2,569
Fast food combo meal
McDonalds, or similar
$12.00
 
$18.02
ISK2,314
Bottle of Coca-Cola (11 fl. oz) $2.60
 
$3.15
ISK405

Improve prices ·

pay 1.9% less for groceries

 
Atlanta
Reykjavik
Bread
1 loaf
$3.76
 
$3.61
ISK464
Local cheese (8 oz) $7.37
 
$7.76
ISK996
Milk (1 gallon) $4.11
 
$6.40
ISK822

Improve prices ·

pay 51.6% more for transportation

 
Atlanta
Reykjavik
Gasoline (1 gallon) $3.39
 
$8.50
ISK1,092
Monthly public transit pass $95.00
 
$74.95
ISK9,626
New Volkswagen Golf 1.4 (standard edition) $35,000.00
 
$42,450.45
ISK5,451,803

Improve prices ·

pay 9.9% less for housing

 
Atlanta
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$67.89
 
$69.87
ISK8,973
1-Bedroom apartment in downtown area $1,907.73
 
$1,971.17
ISK253,152
1-Bedroom apartment outside city center $1,502.24
 
$1,803.44
ISK231,611

Improve prices ·

pay 79.2% less for childcare

 
Atlanta
Reykjavik
Private preschool for 1 child, monthly $1,287.50
 
$252.14
ISK32,382
Middle school for 1 child, two semesters $27,344.83
 
$5,993.99
ISK769,793

Improve prices ·

pay 26.8% more for entertainment and sports

 
Atlanta
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,388
Cappuccino in mid-range area $5.20
 
$5.31
ISK681
Pack of cigarettes
Marlboro or similar
$8.15
 
$12.25
ISK1,573

Improve prices ·

pay 63.6% more for clothing

 
Atlanta
Reykjavik
Regular jeans
Levi's brand
$52.75
 
$108.97
ISK13,995
Regular dress
from H&M or similar store
$42.45
 
$49.72
ISK6,386
Running shoes
Nike or Adidas
$93.00
 
$151.85
ISK19,502

Improve prices ·
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: April 2025
Share this

Compare countries by overall cost of living

See the cost of living in United States vs. Iceland. This provides a comparison of the average cost of living from cities within United States and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Atlanta. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.