Cost of living comparison

 Kos, Greece
compared to
 Reykjavik, Iceland
Reykjavik vs. Kos Cost of Living Summary

Reykjavik is 2.2 times more expensive than Kos.

Restaurants
pay 51.1% more in Reykjavik
Groceries
pay 2.1 times more in Reykjavik
Transportation
pay 9.7% more in Reykjavik
Housing
pay 3.9 times more in Reykjavik
Entertainment and Sports
pay 87.2% more in Reykjavik
Clothing
pay 2.5 times more in Reykjavik

The cost of housing, clothing, groceries, entertainment and sports, restaurants, and transportation in Reykjavik are more expensive than in Kos. Notably, housing, clothing, and groceries are significantly more expensive in Reykjavik.

Reykjavik vs. Kos Cost Breakdown

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

pay 51.1% more for restaurants

 
Kos
Reykjavik
Basic meal with drink at inexpensive restaurant $16.08
€14.14
$20.00
ISK2,553
Fast food combo meal
McDonalds, or similar
$11.25
€9.90
$18.02
ISK2,300
Bottle of Coca-Cola (11 fl. oz) $3.04
€2.67
$3.15
ISK403

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pay 2.1 times more for groceries

 
Kos
Reykjavik
Bread
1 loaf
$1.54
€1.35
$3.61
ISK461
Local cheese (8 oz) $5.36
€4.71
$7.76
ISK990
Milk (1 gallon) $8.52
€7.49
$6.40
ISK818

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pay 9.7% more for transportation

 
Kos
Reykjavik
Gasoline (1 gallon) $7.75
€6.82
$8.50
ISK1,085
Monthly public transit pass ?? $74.95
ISK9,569
New Volkswagen Golf 1.4 (standard edition) ?? $42,450.45
ISK5,419,224

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pay 3.9 times more for housing

 
Kos
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$33.22
€29.22
$69.87
ISK8,919
1-Bedroom apartment in downtown area $445.10
€391.47
$1,971.17
ISK251,640
1-Bedroom apartment outside city center $348.32
€306.36
$1,803.44
ISK230,227

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pay (unknown) more for childcare

 
Kos
Reykjavik
Private preschool for 1 child, monthly ?? $252.14
ISK32,188
Middle school for 1 child, two semesters ?? $5,993.99
ISK765,193

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pay 87.2% more for entertainment and sports

 
Kos
Reykjavik
Domestic/local beer (1 pint) $4.29
€3.77
$10.81
ISK1,380
Cappuccino in mid-range area $4.42
€3.89
$5.31
ISK677
Pack of cigarettes
Marlboro or similar
$4.29
€3.77
$12.25
ISK1,563

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pay 2.5 times more for clothing

 
Kos
Reykjavik
Regular jeans
Levi's brand
$32.15
€28.28
$108.97
ISK13,911
Regular dress
from H&M or similar store
$37.51
€32.99
$49.72
ISK6,347
Running shoes
Nike or Adidas
$69.66
€61.27
$151.85
ISK19,386

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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: May 2025
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