Cost of living comparison

Nassau, Bahamas

compared to

Reykjavik, Iceland

Reykjavik vs. Nassau Cost of Living Summary

Reykjavik is 0.0% more expensive than Nassau.

Restaurants: pay 25.5% more in Reykjavik
Groceries: pay 9.7% less in Reykjavik
Transportation: pay 28.8% more in Reykjavik
Housing: pay 26.4% less in Reykjavik
Childcare: pay 60.2% less in Reykjavik
Entertainment and Sports: pay 12.7% more in Reykjavik
Clothing: pay 29.5% more in Reykjavik

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

Reykjavik vs. Nassau Cost Breakdown

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

Display currency: USD

pay 25.5% more for restaurants

	Nassau	Reykjavik
Basic meal with drink at inexpensive restaurant	$40.00 BSD40.00	$20.00 ISK2,632	-50.0%
Fast food combo meal McDonalds, or similar	$10.00 BSD10.00	$18.02 ISK2,371	+80.2%
Bottle of Coca-Cola (11 fl. oz)	$2.18 BSD2.18	$3.15 ISK415	+44.4%
Bottle of water (11 fl. oz)	$1.71 BSD1.71	$2.19 ISK288	+27.5%
Average			+25.5%

Nassau vs. Reykjavik - Cost of restaurants

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pay 9.7% less for groceries

	Nassau	Reykjavik
Bread 1 loaf	$5.17 BSD5.17	$3.61 ISK475	-30.2%
Local cheese (8 oz)	$4.03 BSD4.03	$7.76 ISK1,021	+92.3%
Milk (1 gallon)	$19.37 BSD19.37	$6.40 ISK843	-66.9%
Eggs 1 dozen	$7.38 BSD7.38	$5.76 ISK757	-22.0%
Boneless chicken breast (1 lb)	$5.20 BSD5.20	$9.45 ISK1,243	+81.8%
Apples (1 lb)	$1.72 BSD1.72	$1.40 ISK185	-18.4%
Bananas (1 lb)	$1.32 BSD1.32	$1.01 ISK133	-23.3%
Oranges (1 lb)	$2.11 BSD2.11	$1.22 ISK160	-42.3%
Tomatoes (1 lb)	$2.40 BSD2.40	$2.22 ISK293	-7.5%
Potatoes (1 lb)	$2.14 BSD2.14	$1.43 ISK189	-32.8%
Onions (1 lb)	$1.49 BSD1.49	$0.93 ISK123	-37.3%
Average			-9.7%

Nassau vs. Reykjavik - Cost of groceries

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pay 28.8% more for transportation

	Nassau	Reykjavik
Gasoline (1 gallon)	$5.39 BSD5.39	$8.50 ISK1,119	+57.7%
Monthly public transit pass	$45.00 BSD45.00	$74.95 ISK9,863	+66.6%
New Volkswagen Golf 1.4 (standard edition)	$37,500.00 BSD37,500.00	$42,450.45 ISK5,585,630	+13.2%
Taxi trip in downtown area (5 miles)	$30.85 BSD30.85	$24.05 ISK3,165	-22.1%
Average			+28.8%

Nassau vs. Reykjavik - Cost of transportation

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pay 26.4% less for housing

	Nassau	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$104.29 BSD104.29	$69.87 ISK9,193	-33.0%
1-Bedroom apartment in downtown area	$1,862.50 BSD1,862.50	$1,971.17 ISK259,367	+5.8%
1-Bedroom apartment outside city center	$1,800.00 BSD1,800.00	$1,803.44 ISK237,297	+0.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$249.29 BSD249.29	$53.95 ISK7,099	-78.4%
Average			-26.4%

Nassau vs. Reykjavik - Cost of housing

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pay 60.2% less for childcare

	Nassau	Reykjavik
Private preschool for 1 child, monthly	$640.00 BSD640.00	$252.14 ISK33,177	-60.6%
Middle school for 1 child, two semesters	$14,916.67 BSD14,916.67	$5,993.99 ISK788,690	-59.8%
Average			-60.2%

Nassau vs. Reykjavik - Cost of childcare

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pay 12.7% more for entertainment and sports

	Nassau	Reykjavik
Domestic/local beer (1 pint)	$5.00 BSD5.00	$10.81 ISK1,422	+116.2%
Cappuccino in mid-range area	$5.75 BSD5.75	$5.31 ISK698	-7.7%
Pack of cigarettes Marlboro or similar	$11.00 BSD11.00	$12.25 ISK1,611	+11.3%
Monthly membership at local gym	$113.88 BSD113.88	$69.95 ISK9,204	-38.6%
Movie ticket to theater/cinema	$18.00 BSD18.00	$14.77 ISK1,944	-17.9%
Average			+12.7%

Nassau vs. Reykjavik - Cost of entertainment and sports

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pay 29.5% more for clothing

	Nassau	Reykjavik
Regular jeans Levi's brand	$67.50 BSD67.50	$108.97 ISK14,339	+61.4%
Regular dress from H&M or similar store	$76.67 BSD76.67	$49.72 ISK6,542	-35.1%
Running shoes Nike or Adidas	$117.00 BSD117.00	$151.85 ISK19,981	+29.8%
Men's business shoes (leather)	$120.00 BSD120.00	$194.16 ISK25,547	+61.8%
Average			+29.5%

Nassau 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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