Cost of living comparison

 Keflavik, Iceland
compared to
 Athens, Greece
Athens vs. Keflavik Cost of Living Summary

Athens is 1.7% cheaper than Keflavik.

Restaurants
pay 39.8% less in Athens
Groceries
pay 25.4% less in Athens
Transportation
pay 36.9% less in Athens
Housing
pay 61.6% more in Athens
Childcare
pay 81.3% more in Athens
Entertainment and Sports
pay 24.4% less in Athens
Clothing
pay 28.4% less in Athens

The cost of childcare and housing in Athens are more expensive than in Keflavik. Expenses including restaurants, transportation, clothing, groceries, and entertainment and sports are lower in Athens. Notably, childcare is significantly more expensive in Athens.

Athens vs. Keflavik Cost Breakdown

If you lived in Athens instead of Keflavik, you would:

pay 39.8% less for restaurants

 
Keflavik
Athens
Basic meal with drink at inexpensive restaurant $20.00
ISK2,557
$16.08
€14.11
Fast food combo meal
McDonalds, or similar
$15.10
ISK1,930
$9.65
€8.47
Bottle of Coca-Cola (11 fl. oz) $2.88
ISK369
$2.06
€1.81

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pay 25.4% less for groceries

 
Keflavik
Athens
Bread
1 loaf
$3.61
ISK462
$1.27
€1.12
Local cheese (8 oz) $7.76
ISK992
$6.59
€5.79
Milk (1 gallon) $6.40
ISK819
$6.29
€5.52

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pay 36.9% less for transportation

 
Keflavik
Athens
Gasoline (1 gallon) $8.49
ISK1,086
$7.64
€6.70
Monthly public transit pass $80.36
ISK10,274
$30.01
€26.34
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,427,290
$30,384.48
€26,668.46

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pay 61.6% more for housing

 
Keflavik
Athens
Internet connection
50 mbps or faster, cable/dsl
$64.86
ISK8,293
$32.55
€28.57
1-Bedroom apartment in downtown area $1,345.35
ISK172,002
$634.68
€557.06
1-Bedroom apartment outside city center $960.96
ISK122,859
$557.32
€489.16

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pay 81.3% more for childcare

 
Keflavik
Athens
Private preschool for 1 child, monthly $252.14
ISK32,236
$463.20
€406.55
Middle school for 1 child, two semesters $5,993.99
ISK766,332
$10,722.29
€9,410.95

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pay 24.4% less for entertainment and sports

 
Keflavik
Athens
Domestic/local beer (1 pint) $7.57
ISK968
$5.36
€4.70
Cappuccino in mid-range area $3.57
ISK456
$3.71
€3.25
Pack of cigarettes
Marlboro or similar
$10.77
ISK1,377
$4.88
€4.28

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pay 28.4% less for clothing

 
Keflavik
Athens
Regular jeans
Levi's brand
$108.97
ISK13,932
$86.11
€75.58
Regular dress
from H&M or similar store
$49.72
ISK6,357
$38.32
€33.64
Running shoes
Nike or Adidas
$151.85
ISK19,415
$93.75
€82.29

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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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