Cost of living comparison
Keflavik is 7.1% cheaper than Iceland overall.
- Restaurants
-
pay 0.7% more in Keflavik
- Groceries
-
pay 6.5% less in Keflavik
- Transportation
-
pay 6.9% more in Keflavik
- Housing
-
pay 29.7% less in Keflavik
- Childcare
-
pay 2.3% less in Keflavik
- Entertainment and Sports
-
pay 12.5% less in Keflavik
- Clothing
-
pay 6.2% less in Keflavik
The cost of transportation and restaurants in Keflavik are more expensive than in Iceland. Expenses including housing, entertainment and sports, groceries, clothing, and childcare are lower in Keflavik.
If you lived in Keflavik instead of Iceland, you would:
pay 0.7% more for restaurants
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$20.00
ISK2,631
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$15.10
ISK1,987
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$2.88
ISK379
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$2.19
ISK288
|
|
pay 6.5% less for groceries
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$3.61
ISK475
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$7.76
ISK1,021
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$6.40
ISK843
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$5.40
ISK711
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$8.60
ISK1,131
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$0.92
ISK120
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.92
ISK120
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$0.98
ISK129
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$1.50
ISK198
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$1.08
ISK142
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$0.60
ISK79
|
|
pay 6.9% more for transportation
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$8.49
ISK1,117
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$80.36
ISK10,574
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$42,450.45
ISK5,585,630
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$24.05
ISK3,165
|
|
pay 29.7% less for housing
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$64.86
ISK8,535
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$1,345.35
ISK177,021
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$960.96
ISK126,443
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$31.23
ISK4,109
|
|
pay 2.3% less for childcare
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$252.14
ISK33,177
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$5,993.99
ISK788,690
|
|
pay 12.5% less for entertainment and sports
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$7.57
ISK996
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$3.57
ISK469
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$10.77
ISK1,417
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$57.66
ISK7,587
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$13.33
ISK1,754
|
|
pay 6.2% less for clothing
|
Iceland
|
Keflavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$108.97
ISK14,339
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$49.72
ISK6,542
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$151.85
ISK19,981
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$168.17
ISK22,128
|
|
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