Cost of living comparison

 Costa Rica
compared to
 Reykjavik, Iceland
Reykjavik vs. Costa Rica Cost of Living Summary

Reykjavik is 56.2% more expensive than Costa Rica overall.

Restaurants
pay 76.8% more in Reykjavik
Groceries
pay 45.2% more in Reykjavik
Transportation
pay 44.8% more in Reykjavik
Housing
pay 2.0 times more in Reykjavik
Childcare
pay 48.4% less in Reykjavik
Entertainment and Sports
pay 2.2 times more in Reykjavik
Clothing
pay 53.9% more in Reykjavik

The cost of entertainment and sports, housing, restaurants, clothing, groceries, and transportation in Reykjavik are more expensive than in Costa Rica. Notably, entertainment and sports, housing, and restaurants are significantly more expensive in Reykjavik.

Reykjavik vs. Costa Rica Cost Breakdown

If you lived in Reykjavik instead of Costa Rica, you would:

pay 76.8% more for restaurants

 
Costa Rica
Reykjavik
Basic meal with drink at inexpensive restaurant $9.75
CRC4,935.12
$20.00
ISK2,614
Fast food combo meal
McDonalds, or similar
$9.08
CRC4,597.94
$18.02
ISK2,355
Bottle of Coca-Cola (11 fl. oz) $2.01
CRC1,017.96
$3.15
ISK412

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pay 45.2% more for groceries

 
Costa Rica
Reykjavik
Bread
1 loaf
$2.53
CRC1,282.05
$3.61
ISK472
Local cheese (8 oz) $3.76
CRC1,905.07
$7.76
ISK1,014
Milk (1 gallon) $6.98
CRC3,531.91
$6.40
ISK837

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pay 44.8% more for transportation

 
Costa Rica
Reykjavik
Gasoline (1 gallon) $5.63
CRC2,848.97
$8.50
ISK1,111
Monthly public transit pass $49.00
CRC24,808.21
$74.95
ISK9,796
New Volkswagen Golf 1.4 (standard edition) $35,063.37
CRC17,752,612.04
$42,450.45
ISK5,547,849

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pay 2.0 times more for housing

 
Costa Rica
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$48.50
CRC24,555.81
$69.87
ISK9,131
1-Bedroom apartment in downtown area $778.04
CRC393,921.07
$1,971.17
ISK257,612
1-Bedroom apartment outside city center $547.50
CRC277,201.34
$1,803.44
ISK235,692

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pay 48.4% less for childcare

 
Costa Rica
Reykjavik
Private preschool for 1 child, monthly $519.07
CRC262,804.31
$252.14
ISK32,952
Middle school for 1 child, two semesters $10,987.74
CRC5,563,102.81
$5,993.99
ISK783,355

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pay 2.2 times more for entertainment and sports

 
Costa Rica
Reykjavik
Domestic/local beer (1 pint) $2.73
CRC1,380.76
$10.81
ISK1,413
Cappuccino in mid-range area $3.65
CRC1,850.14
$5.31
ISK693
Pack of cigarettes
Marlboro or similar
$4.58
CRC2,320.03
$12.25
ISK1,600

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pay 53.9% more for clothing

 
Costa Rica
Reykjavik
Regular jeans
Levi's brand
$65.32
CRC33,073.41
$108.97
ISK14,242
Regular dress
from H&M or similar store
$44.54
CRC22,550.81
$49.72
ISK6,498
Running shoes
Nike or Adidas
$110.39
CRC55,888.28
$151.85
ISK19,846

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

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