Cost of living comparison

compared to
Reykjavik vs. Frostburg Cost Breakdown

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

pay (unknown) more for restaurants

 
Frostburg
Reykjavik
Basic meal with drink at inexpensive restaurant ?? $20.00
ISK2,825
Fast food combo meal
McDonalds, or similar
?? $18.02
ISK2,545
Bottle of Coca-Cola (11 fl. oz) ?? $3.15
ISK445

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pay (unknown) more for groceries

 
Frostburg
Reykjavik
Bread
1 loaf
?? $3.61
ISK510
Local cheese (8 oz) ?? $7.76
ISK1,096
Milk (1 gallon) ?? $6.40
ISK905

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pay (unknown) more for transportation

 
Frostburg
Reykjavik
Gasoline (1 gallon) ?? $8.50
ISK1,201
Monthly public transit pass ?? $74.95
ISK10,587
New Volkswagen Golf 1.4 (standard edition) ?? $42,450.45
ISK5,995,702

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pay (unknown) more for housing

 
Frostburg
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
?? $69.87
ISK9,868
1-Bedroom apartment in downtown area ?? $1,971.17
ISK278,408
1-Bedroom apartment outside city center ?? $1,803.44
ISK254,718

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pay (unknown) more for childcare

 
Frostburg
Reykjavik
Private preschool for 1 child, monthly ?? $252.14
ISK35,612
Middle school for 1 child, two semesters ?? $5,993.99
ISK846,592

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pay (unknown) more for entertainment and sports

 
Frostburg
Reykjavik
Domestic/local beer (1 pint) ?? $10.81
ISK1,527
Cappuccino in mid-range area ?? $5.31
ISK749
Pack of cigarettes
Marlboro or similar
?? $12.25
ISK1,729

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pay (unknown) more for clothing

 
Frostburg
Reykjavik
Regular jeans
Levi's brand
?? $108.97
ISK15,391
Regular dress
from H&M or similar store
?? $49.72
ISK7,023
Running shoes
Nike or Adidas
?? $151.85
ISK21,448

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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: January 2025
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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.

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