Cost of living comparison

 Orlando (FL), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Orlando Cost of Living Summary

Reykjavik is 20.8% more expensive than Orlando.

Restaurants
pay 13.5% more in Reykjavik
Groceries
pay 8.2% more in Reykjavik
Transportation
pay 66.2% more in Reykjavik
Housing
pay 16.7% less in Reykjavik
Childcare
pay 45.4% less in Reykjavik
Entertainment and Sports
pay 39.2% more in Reykjavik
Clothing
pay 80.7% more in Reykjavik

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

Reykjavik vs. Orlando Cost Breakdown

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

pay 13.5% more for restaurants

 
Orlando
Reykjavik
Basic meal with drink at inexpensive restaurant $24.50
 
$20.00
ISK2,689
Fast food combo meal
McDonalds, or similar
$10.75
 
$18.02
ISK2,423
Bottle of Coca-Cola (11 fl. oz) $2.77
 
$3.15
ISK424

Improve prices ·

pay 8.2% more for groceries

 
Orlando
Reykjavik
Bread
1 loaf
$3.67
 
$3.61
ISK485
Local cheese (8 oz) $6.20
 
$7.76
ISK1,043
Milk (1 gallon) $4.37
 
$6.40
ISK861

Improve prices ·

pay 66.2% more for transportation

 
Orlando
Reykjavik
Gasoline (1 gallon) $3.44
 
$8.50
ISK1,143
Monthly public transit pass $50.00
 
$74.95
ISK10,078
New Volkswagen Golf 1.4 (standard edition) $31,406.50
 
$42,450.45
ISK5,707,888

Improve prices ·

pay 16.7% less for housing

 
Orlando
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$77.11
 
$69.87
ISK9,394
1-Bedroom apartment in downtown area $1,933.00
 
$1,971.17
ISK265,044
1-Bedroom apartment outside city center $1,727.58
 
$1,803.44
ISK242,491

Improve prices ·

pay 45.4% less for childcare

 
Orlando
Reykjavik
Private preschool for 1 child, monthly $1,175.00
 
$252.14
ISK33,903
Middle school for 1 child, two semesters $6,833.33
 
$5,993.99
ISK805,952

Improve prices ·

pay 39.2% more for entertainment and sports

 
Orlando
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,454
Cappuccino in mid-range area $4.93
 
$5.31
ISK713
Pack of cigarettes
Marlboro or similar
$9.00
 
$12.25
ISK1,646

Improve prices ·

pay 80.7% more for clothing

 
Orlando
Reykjavik
Regular jeans
Levi's brand
$48.17
 
$108.97
ISK14,652
Regular dress
from H&M or similar store
$36.75
 
$49.72
ISK6,685
Running shoes
Nike or Adidas
$83.56
 
$151.85
ISK20,418

Improve prices ·
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: March 2025
Share this

Compare countries by overall cost of living

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.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Orlando. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.