Cost of living comparison

 Dallas (TX), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Dallas Cost of Living Summary

Reykjavik is 15.8% more expensive than Dallas.

Restaurants
pay 30.2% more in Reykjavik
Groceries
pay 23.6% more in Reykjavik
Transportation
pay 57.0% more in Reykjavik
Housing
pay 8.7% less in Reykjavik
Childcare
pay 79.2% less in Reykjavik
Entertainment and Sports
pay 38.6% more in Reykjavik
Clothing
pay 49.0% more in Reykjavik

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

Reykjavik vs. Dallas Cost Breakdown

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

pay 30.2% more for restaurants

 
Dallas
Reykjavik
Basic meal with drink at inexpensive restaurant $20.00
 
$20.00
ISK2,557
Fast food combo meal
McDonalds, or similar
$10.00
 
$18.02
ISK2,304
Bottle of Coca-Cola (11 fl. oz) $2.82
 
$3.15
ISK403

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pay 23.6% more for groceries

 
Dallas
Reykjavik
Bread
1 loaf
$3.50
 
$3.61
ISK462
Local cheese (8 oz) $6.42
 
$7.76
ISK992
Milk (1 gallon) $3.61
 
$6.40
ISK819

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pay 57.0% more for transportation

 
Dallas
Reykjavik
Gasoline (1 gallon) $3.09
 
$8.50
ISK1,087
Monthly public transit pass $91.00
 
$74.95
ISK9,583
New Volkswagen Golf 1.4 (standard edition) $33,000.00
 
$42,450.45
ISK5,427,290

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pay 8.7% less for housing

 
Dallas
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$65.92
 
$69.87
ISK8,932
1-Bedroom apartment in downtown area $1,749.96
 
$1,971.17
ISK252,014
1-Bedroom apartment outside city center $1,499.21
 
$1,803.44
ISK230,570

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pay 79.2% less for childcare

 
Dallas
Reykjavik
Private preschool for 1 child, monthly $1,310.00
 
$252.14
ISK32,236
Middle school for 1 child, two semesters $26,633.33
 
$5,993.99
ISK766,332

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pay 38.6% more for entertainment and sports

 
Dallas
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,382
Cappuccino in mid-range area $5.42
 
$5.31
ISK678
Pack of cigarettes
Marlboro or similar
$10.00
 
$12.25
ISK1,566

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pay 49.0% more for clothing

 
Dallas
Reykjavik
Regular jeans
Levi's brand
$55.94
 
$108.97
ISK13,932
Regular dress
from H&M or similar store
$47.22
 
$49.72
ISK6,357
Running shoes
Nike or Adidas
$111.18
 
$151.85
ISK19,415

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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: April 2025
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