Cost of living comparison

 Paris, France
compared to
 Keflavik, Iceland
Keflavik vs. Paris Cost of Living Summary

Keflavik is 6.8% cheaper than Paris.

Restaurants
pay 3.5% less in Keflavik
Groceries
pay 3.9% less in Keflavik
Transportation
pay 6.1% more in Keflavik
Housing
pay 0.4% less in Keflavik
Childcare
pay 64.5% less in Keflavik
Entertainment and Sports
pay 3.5% more in Keflavik
Clothing
pay 15.2% more in Keflavik

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

Keflavik vs. Paris Cost Breakdown

If you lived in Keflavik instead of Paris, you would:

pay 3.5% less for restaurants

 
Paris
Keflavik
Basic meal with drink at inexpensive restaurant $16.08
€14.15
$20.00
ISK2,568
Fast food combo meal
McDonalds, or similar
$12.86
€11.32
$15.10
ISK1,939
Bottle of Coca-Cola (11 fl. oz) $4.09
€3.60
$2.88
ISK370

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pay 3.9% less for groceries

 
Paris
Keflavik
Bread
1 loaf
$2.01
€1.77
$3.61
ISK464
Local cheese (8 oz) $11.23
€9.89
$7.76
ISK996
Milk (1 gallon) $5.41
€4.76
$6.40
ISK822

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pay 6.1% more for transportation

 
Paris
Keflavik
Gasoline (1 gallon) $7.65
€6.74
$8.49
ISK1,090
Monthly public transit pass $92.60
€81.53
$80.36
ISK10,320
New Volkswagen Golf 1.4 (standard edition) $32,688.77
€28,780.41
$42,450.45
ISK5,451,803

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pay 0.4% less for housing

 
Paris
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$33.65
€29.63
$64.86
ISK8,330
1-Bedroom apartment in downtown area $1,367.25
€1,203.78
$1,345.35
ISK172,779
1-Bedroom apartment outside city center $1,057.37
€930.95
$960.96
ISK123,414

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pay 64.5% less for childcare

 
Paris
Keflavik
Private preschool for 1 child, monthly $756.26
€665.84
$252.14
ISK32,382
Middle school for 1 child, two semesters $15,942.48
€14,036.35
$5,993.99
ISK769,793

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pay 3.5% more for entertainment and sports

 
Paris
Keflavik
Domestic/local beer (1 pint) $7.50
€6.61
$7.57
ISK972
Cappuccino in mid-range area $4.31
€3.80
$3.57
ISK458
Pack of cigarettes
Marlboro or similar
$13.40
€11.80
$10.77
ISK1,383

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pay 15.2% more for clothing

 
Paris
Keflavik
Regular jeans
Levi's brand
$103.81
€91.40
$108.97
ISK13,995
Regular dress
from H&M or similar store
$46.57
€41.00
$49.72
ISK6,386
Running shoes
Nike or Adidas
$111.54
€98.21
$151.85
ISK19,502

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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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See the cost of living in France vs. Iceland. This provides a comparison of the average cost of living from cities within France and Iceland.

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