Cost of living comparison

compared to

Reykjavik vs. Montclair Cost of Living Summary

Reykjavik is 7.3% more expensive than Montclair.

Restaurants: pay 27.3% more in Reykjavik
Groceries: pay 19.8% more in Reykjavik
Transportation: pay 58.2% more in Reykjavik
Housing: pay 10.3% less in Reykjavik
Childcare: pay 87.7% less in Reykjavik
Entertainment and Sports: pay 1.4% less in Reykjavik
Clothing: pay 45.2% more in Reykjavik

The cost of transportation, clothing, restaurants, and groceries in Reykjavik are more expensive than in Montclair. Expenses including childcare, housing, and entertainment and sports are lower in Reykjavik.

Reykjavik vs. Montclair Cost Breakdown

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

Display currency: USD

pay 27.3% more for restaurants

	Montclair	Reykjavik
Basic meal with drink at inexpensive restaurant	$17.50	$20.00 ISK2,825	+14.3%
Fast food combo meal McDonalds, or similar	$10.00	$18.02 ISK2,545	+80.2%
Bottle of Coca-Cola (11 fl. oz)	$3.00	$3.15 ISK445	+5.1%
Bottle of water (11 fl. oz)	$2.00	$2.19 ISK309	+9.5%
Average			+27.3%

Montclair vs. Reykjavik - Cost of restaurants

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pay 19.8% more for groceries

	Montclair	Reykjavik
Bread 1 loaf	$4.08	$3.61 ISK510	-11.4%
Local cheese (8 oz)	$3.31	$7.76 ISK1,096	+134.6%
Milk (1 gallon)	$4.19	$6.40 ISK905	+52.7%
Eggs 1 dozen	$3.46	$5.76 ISK813	+66.2%
Boneless chicken breast (1 lb)	$5.00	$9.45 ISK1,334	+88.9%
Apples (1 lb)	$2.45	$1.40 ISK198	-42.8%
Bananas (1 lb)	$1.04	$1.01 ISK143	-2.5%
Oranges (1 lb)	$2.25	$1.22 ISK172	-45.9%
Tomatoes (1 lb)	$2.47	$2.22 ISK314	-9.9%
Potatoes (1 lb)	$1.14	$1.43 ISK203	+26.3%
Onions (1 lb)	$1.53	$0.93 ISK132	-38.8%
Average			+19.8%

Montclair vs. Reykjavik - Cost of groceries

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pay 58.2% more for transportation

	Montclair	Reykjavik
Gasoline (1 gallon)	$3.66	$8.50 ISK1,201	+132.4%
Monthly public transit pass	??	$74.95 ISK10,587
New Volkswagen Golf 1.4 (standard edition)	$35,000.00	$42,450.45 ISK5,995,702	+21.3%
Taxi trip in downtown area (5 miles)	$19.90	$24.05 ISK3,397	+20.9%
Average			+58.2%

Montclair vs. Reykjavik - Cost of transportation

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pay 10.3% less for housing

	Montclair	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$61.32	$69.87 ISK9,868	+13.9%
1-Bedroom apartment in downtown area	$2,266.67	$1,971.17 ISK278,408	-13.0%
1-Bedroom apartment outside city center	$1,550.00	$1,803.44 ISK254,718	+16.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$130.00	$53.95 ISK7,620	-58.5%
Average			-10.3%

Montclair vs. Reykjavik - Cost of housing

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pay 87.7% less for childcare

	Montclair	Reykjavik
Private preschool for 1 child, monthly	$1,750.00	$252.14 ISK35,612	-85.6%
Middle school for 1 child, two semesters	$59,000.00	$5,993.99 ISK846,592	-89.8%
Average			-87.7%

Montclair vs. Reykjavik - Cost of childcare

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pay 1.4% less for entertainment and sports

	Montclair	Reykjavik
Domestic/local beer (1 pint)	$8.00	$10.81 ISK1,527	+35.1%
Cappuccino in mid-range area	$5.00	$5.31 ISK749	+6.1%
Pack of cigarettes Marlboro or similar	$13.50	$12.25 ISK1,729	-9.3%
Monthly membership at local gym	$80.00	$69.95 ISK9,879	-12.6%
Movie ticket to theater/cinema	$20.00	$14.77 ISK2,087	-26.1%
Average			-1.4%

Montclair vs. Reykjavik - Cost of entertainment and sports

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pay 45.2% more for clothing

	Montclair	Reykjavik
Regular jeans Levi's brand	$68.92	$108.97 ISK15,391	+58.1%
Regular dress from H&M or similar store	$45.62	$49.72 ISK7,023	+9.0%
Running shoes Nike or Adidas	$100.00	$151.85 ISK21,448	+51.9%
Men's business shoes (leather)	$120.00	$194.16 ISK27,423	+61.8%
Average			+45.2%

Montclair 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: January 2025

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