Cost of living comparison

 Galway, Ireland
compared to
 Reykjavik, Iceland
Reykjavik vs. Galway Cost of Living Summary
Reykjavik vs. Galway Cost Breakdown

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

pay 54.5% more for restaurants

 
Galway
Reykjavik
Basic meal with drink at inexpensive restaurant $17.15
€15.05
$20.00
ISK2,557
Fast food combo meal
McDonalds, or similar
$9.65
€8.47
$18.02
ISK2,304
Bottle of Coca-Cola (11 fl. oz) $2.04
€1.79
$3.15
ISK403

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pay 51.5% more for groceries

 
Galway
Reykjavik
Bread
1 loaf
$2.41
€2.11
$3.61
ISK462
Local cheese (8 oz) $5.47
€4.81
$7.76
ISK992
Milk (1 gallon) $5.56
€4.88
$6.40
ISK819

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pay 13.8% more for transportation

 
Galway
Reykjavik
Gasoline (1 gallon) $7.10
€6.23
$8.50
ISK1,087
Monthly public transit pass $64.31
€56.44
$74.95
ISK9,583
New Volkswagen Golf 1.4 (standard edition) $39,306.91
€34,499.68
$42,450.45
ISK5,427,290

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pay 2.9% more for housing

 
Galway
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$46.91
€41.17
$69.87
ISK8,932
1-Bedroom apartment in downtown area $1,723.75
€1,512.94
$1,971.17
ISK252,014
1-Bedroom apartment outside city center $1,521.90
€1,335.77
$1,803.44
ISK230,570

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pay 47.2% less for childcare

 
Galway
Reykjavik
Private preschool for 1 child, monthly $977.98
€858.38
$252.14
ISK32,236
Middle school for 1 child, two semesters $7,502.34
€6,584.81
$5,993.99
ISK766,332

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pay 28.9% more for entertainment and sports

 
Galway
Reykjavik
Domestic/local beer (1 pint) $5.89
€5.17
$10.81
ISK1,382
Cappuccino in mid-range area $3.86
€3.39
$5.31
ISK678
Pack of cigarettes
Marlboro or similar
$17.15
€15.05
$12.25
ISK1,566

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pay 58.0% more for clothing

 
Galway
Reykjavik
Regular jeans
Levi's brand
$83.60
€73.37
$108.97
ISK13,932
Regular dress
from H&M or similar store
$35.22
€30.91
$49.72
ISK6,357
Running shoes
Nike or Adidas
$88.42
€77.61
$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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See the cost of living in Ireland vs. Iceland. This provides a comparison of the average cost of living from cities within Ireland and Iceland.

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