Cost of living comparison

Laos

compared to

Reykjavik, Iceland

Reykjavik vs. Laos Cost of Living Summary

Reykjavik is 3.0 times more expensive than Laos overall.

Restaurants: pay 6.0 times more in Reykjavik
Groceries: pay 2.1 times more in Reykjavik
Transportation: pay 75.5% more in Reykjavik
Housing: pay 3.2 times more in Reykjavik
Childcare: pay 23.9% less in Reykjavik
Entertainment and Sports: pay 5.2 times more in Reykjavik
Clothing: pay 2.2 times more in Reykjavik

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

Reykjavik vs. Laos Cost Breakdown

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

Display currency: USD

pay 6.0 times more for restaurants

	Laos	Reykjavik
Basic meal with drink at inexpensive restaurant	$1.90 LAK41,101	$20.00 ISK2,644	+954.2%
Fast food combo meal McDonalds, or similar	$4.20 LAK91,089	$18.02 ISK2,382	+328.5%
Bottle of Coca-Cola (11 fl. oz)	$0.69 LAK14,957	$3.15 ISK417	+356.8%
Bottle of water (11 fl. oz)	$0.49 LAK10,519	$2.19 ISK289	+350.1%
Average			+497.4%

Laos vs. Reykjavik - Cost of restaurants

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pay 2.1 times more for groceries

	Laos	Reykjavik
Bread 1 loaf	$1.00 LAK21,715	$3.61 ISK477	+260.2%
Local cheese (8 oz)	$13.03 LAK282,319	$7.76 ISK1,025	-40.5%
Milk (1 gallon)	$6.40 LAK138,663	$6.40 ISK847	+0.1%
Eggs 1 dozen	$2.06 LAK44,733	$5.76 ISK761	+178.8%
Boneless chicken breast (1 lb)	$2.07 LAK44,848	$9.45 ISK1,249	+356.4%
Apples (1 lb)	$0.75 LAK16,142	$1.40 ISK185	+88.2%
Bananas (1 lb)	$0.74 LAK16,071	$1.01 ISK133	+36.0%
Oranges (1 lb)	$0.96 LAK20,740	$1.22 ISK161	+27.2%
Tomatoes (1 lb)	$1.29 LAK27,930	$2.22 ISK294	+72.5%
Potatoes (1 lb)	$0.70 LAK15,058	$1.43 ISK190	+106.4%
Onions (1 lb)	$0.45 LAK9,794	$0.93 ISK123	+106.6%
Average			+108.4%

Laos vs. Reykjavik - Cost of groceries

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pay 75.5% more for transportation

	Laos	Reykjavik
Gasoline (1 gallon)	$4.61 LAK99,774	$8.50 ISK1,124	+84.6%
Monthly public transit pass	$53.85 LAK1,166,645	$74.95 ISK9,908	+39.2%
New Volkswagen Golf 1.4 (standard edition)	$28,167.89 LAK610,221,112	$42,450.45 ISK5,611,101	+50.7%
Taxi trip in downtown area (5 miles)	$10.57 LAK229,062	$24.05 ISK3,179	+127.5%
Average			+75.5%

Laos vs. Reykjavik - Cost of transportation

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pay 3.2 times more for housing

	Laos	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$8.98 LAK194,616	$69.87 ISK9,235	+677.7%
1-Bedroom apartment in downtown area	$993.83 LAK21,530,005	$1,971.17 ISK260,549	+98.3%
1-Bedroom apartment outside city center	$809.30 LAK17,532,522	$1,803.44 ISK238,379	+122.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.85 LAK1,274,812	$53.95 ISK7,132	-8.3%
Average			+222.6%

Laos vs. Reykjavik - Cost of housing

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pay 23.9% less for childcare

	Laos	Reykjavik
Private preschool for 1 child, monthly	$291.32 LAK6,311,173	$252.14 ISK33,328	-13.5%
Middle school for 1 child, two semesters	$9,140.14 LAK198,009,475	$5,993.99 ISK792,286	-34.4%
Average			-23.9%

Laos vs. Reykjavik - Cost of childcare

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pay 5.2 times more for entertainment and sports

	Laos	Reykjavik
Domestic/local beer (1 pint)	$1.11 LAK23,959	$10.81 ISK1,429	+877.5%
Cappuccino in mid-range area	$1.62 LAK35,074	$5.31 ISK701	+227.7%
Pack of cigarettes Marlboro or similar	$1.78 LAK38,657	$12.25 ISK1,619	+586.2%
Monthly membership at local gym	$66.31 LAK1,436,560	$69.95 ISK9,246	+5.5%
Movie ticket to theater/cinema	$2.97 LAK64,384	$14.77 ISK1,953	+397.1%
Average			+418.8%

Laos vs. Reykjavik - Cost of entertainment and sports

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pay 2.2 times more for clothing

	Laos	Reykjavik
Regular jeans Levi's brand	$78.60 LAK1,702,730	$108.97 ISK14,404	+38.6%
Regular dress from H&M or similar store	$61.45 LAK1,331,174	$49.72 ISK6,572	-19.1%
Running shoes Nike or Adidas	$65.22 LAK1,412,895	$151.85 ISK20,072	+132.8%
Men's business shoes (leather)	$46.67 LAK1,011,046	$194.16 ISK25,664	+316.0%
Average			+117.1%

Laos vs. Reykjavik - Cost of clothing

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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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