Cost of living comparison

 Providence (RI), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Providence Cost of Living Summary

Reykjavik is 14.7% more expensive than Providence.

Restaurants
pay 13.6% more in Reykjavik
Groceries
pay 2.4% more in Reykjavik
Transportation
pay 56.2% more in Reykjavik
Housing
pay 7.2% less in Reykjavik
Childcare
pay 83.2% less in Reykjavik
Entertainment and Sports
pay 28.3% more in Reykjavik
Clothing
pay 92.7% more in Reykjavik

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

Reykjavik vs. Providence Cost Breakdown

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

pay 13.6% more for restaurants

 
Providence
Reykjavik
Basic meal with drink at inexpensive restaurant $25.00
 
$20.00
ISK2,527
Fast food combo meal
McDonalds, or similar
$12.00
 
$18.02
ISK2,277
Bottle of Coca-Cola (11 fl. oz) $2.60
 
$3.15
ISK399

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pay 2.4% more for groceries

 
Providence
Reykjavik
Bread
1 loaf
$3.46
 
$3.61
ISK456
Local cheese (8 oz) $5.37
 
$7.76
ISK980
Milk (1 gallon) $5.57
 
$6.40
ISK809

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pay 56.2% more for transportation

 
Providence
Reykjavik
Gasoline (1 gallon) $3.49
 
$8.50
ISK1,074
Monthly public transit pass $70.00
 
$74.95
ISK9,472
New Volkswagen Golf 1.4 (standard edition) $36,036.53
 
$42,450.45
ISK5,364,463

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pay 7.2% less for housing

 
Providence
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$59.17
 
$69.87
ISK8,829
1-Bedroom apartment in downtown area $1,920.00
 
$1,971.17
ISK249,097
1-Bedroom apartment outside city center $1,420.00
 
$1,803.44
ISK227,901

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pay 83.2% less for childcare

 
Providence
Reykjavik
Private preschool for 1 child, monthly $1,500.00
 
$252.14
ISK31,863
Middle school for 1 child, two semesters ?? $5,993.99
ISK757,461

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pay 28.3% more for entertainment and sports

 
Providence
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,366
Cappuccino in mid-range area $4.50
 
$5.31
ISK670
Pack of cigarettes
Marlboro or similar
$11.00
 
$12.25
ISK1,547

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pay 92.7% more for clothing

 
Providence
Reykjavik
Regular jeans
Levi's brand
$52.50
 
$108.97
ISK13,771
Regular dress
from H&M or similar store
$40.00
 
$49.72
ISK6,283
Running shoes
Nike or Adidas
$73.75
 
$151.85
ISK19,190

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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: June 2025
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