Cost of living comparison

 Berlin, Germany
compared to
 Keflavik, Iceland
Keflavik vs. Berlin Cost of Living Summary

Keflavik is 10.6% more expensive than Berlin.

Restaurants
pay 9.8% more in Keflavik
Groceries
pay 20.8% more in Keflavik
Transportation
pay 21.6% more in Keflavik
Housing
pay 9.1% less in Keflavik
Childcare
pay 27.8% less in Keflavik
Entertainment and Sports
pay 26.8% more in Keflavik
Clothing
pay 32.4% more in Keflavik

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

Keflavik vs. Berlin Cost Breakdown

If you lived in Keflavik instead of Berlin, you would:

pay 9.8% more for restaurants

 
Berlin
Keflavik
Basic meal with drink at inexpensive restaurant $16.08
€13.75
$20.00
ISK2,436
Fast food combo meal
McDonalds, or similar
$11.79
€10.09
$15.10
ISK1,839
Bottle of Coca-Cola (11 fl. oz) $2.88
€2.47
$2.88
ISK351

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pay 20.8% more for groceries

 
Berlin
Keflavik
Bread
1 loaf
$1.96
€1.67
$3.61
ISK440
Local cheese (8 oz) $6.66
€5.70
$7.76
ISK945
Milk (1 gallon) $4.57
€3.91
$6.40
ISK780

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pay 21.6% more for transportation

 
Berlin
Keflavik
Gasoline (1 gallon) $7.19
€6.15
$8.49
ISK1,034
Monthly public transit pass $52.52
€44.93
$80.36
ISK9,789
New Volkswagen Golf 1.4 (standard edition) $31,799.21
€27,204.23
$42,450.45
ISK5,170,889

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pay 9.1% less for housing

 
Berlin
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$44.99
€38.49
$64.86
ISK7,901
1-Bedroom apartment in downtown area $1,278.77
€1,093.99
$1,345.35
ISK163,877
1-Bedroom apartment outside city center $938.86
€803.20
$960.96
ISK117,055

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pay 27.8% less for childcare

 
Berlin
Keflavik
Private preschool for 1 child, monthly $306.98
€262.62
$252.14
ISK30,713
Middle school for 1 child, two semesters $9,639.17
€8,246.31
$5,993.99
ISK730,128

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pay 26.8% more for entertainment and sports

 
Berlin
Keflavik
Domestic/local beer (1 pint) $4.29
€3.67
$7.57
ISK922
Cappuccino in mid-range area $3.98
€3.41
$3.57
ISK435
Pack of cigarettes
Marlboro or similar
$9.11
€7.79
$10.77
ISK1,312

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pay 32.4% more for clothing

 
Berlin
Keflavik
Regular jeans
Levi's brand
$85.49
€73.14
$108.97
ISK13,274
Regular dress
from H&M or similar store
$40.99
€35.07
$49.72
ISK6,056
Running shoes
Nike or Adidas
$95.49
€81.69
$151.85
ISK18,497

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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: July 2025
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See the cost of living in Germany vs. Iceland. This provides a comparison of the average cost of living from cities within Germany and Iceland.

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