Cost of living comparison

 Kodiak (AK), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Kodiak Cost of Living Summary

Reykjavik is 18.7% more expensive than Kodiak.

Restaurants
pay 10.1% more in Reykjavik
Groceries
pay 1.3% more in Reykjavik
Transportation
pay 56.6% more in Reykjavik
Housing
pay 10.9% more in Reykjavik
Entertainment and Sports
pay 14.8% more in Reykjavik

The cost of transportation, entertainment and sports, housing, restaurants, and groceries in Reykjavik are more expensive than in Kodiak.

Reykjavik vs. Kodiak Cost Breakdown

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

pay 10.1% more for restaurants

 
Kodiak
Reykjavik
Basic meal with drink at inexpensive restaurant $39.00
 
$20.00
ISK2,569
Fast food combo meal
McDonalds, or similar
$14.00
 
$18.02
ISK2,314
Bottle of Coca-Cola (11 fl. oz) $2.75
 
$3.15
ISK405

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pay 1.3% more for groceries

 
Kodiak
Reykjavik
Bread
1 loaf
$4.40
 
$3.61
ISK464
Local cheese (8 oz) $8.92
 
$7.76
ISK996
Milk (1 gallon) $4.50
 
$6.40
ISK822

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pay 56.6% more for transportation

 
Kodiak
Reykjavik
Gasoline (1 gallon) $5.43
 
$8.50
ISK1,092
Monthly public transit pass ?? $74.95
ISK9,626
New Volkswagen Golf 1.4 (standard edition) ?? $42,450.45
ISK5,451,803

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pay 10.9% more for housing

 
Kodiak
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$80.00
 
$69.87
ISK8,973
1-Bedroom apartment in downtown area $1,400.00
 
$1,971.17
ISK253,152
1-Bedroom apartment outside city center $1,000.00
 
$1,803.44
ISK231,611

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pay (unknown) more for childcare

 
Kodiak
Reykjavik
Private preschool for 1 child, monthly ?? $252.14
ISK32,382
Middle school for 1 child, two semesters ?? $5,993.99
ISK769,793

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pay 14.8% more for entertainment and sports

 
Kodiak
Reykjavik
Domestic/local beer (1 pint) $6.75
 
$10.81
ISK1,388
Cappuccino in mid-range area $4.67
 
$5.31
ISK681
Pack of cigarettes
Marlboro or similar
$11.00
 
$12.25
ISK1,573

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pay (unknown) more for clothing

 
Kodiak
Reykjavik
Regular jeans
Levi's brand
?? $108.97
ISK13,995
Regular dress
from H&M or similar store
?? $49.72
ISK6,386
Running shoes
Nike or Adidas
?? $151.85
ISK19,502

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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 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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