Cost of living comparison

Reykjavik, Iceland

compared to

Antananarivo, Madagascar

Antananarivo vs. Reykjavik Cost of Living Summary

Antananarivo is 52.2% cheaper than Reykjavik.

Restaurants: pay 73.9% less in Antananarivo
Groceries: pay 62.3% less in Antananarivo
Transportation: pay 55.5% less in Antananarivo
Housing: pay 59.4% less in Antananarivo
Childcare: pay 12.0% more in Antananarivo
Entertainment and Sports: pay 68.3% less in Antananarivo
Clothing: pay 58.0% less in Antananarivo

Expenses including restaurants, entertainment and sports, groceries, housing, clothing, and transportation are lower in Antananarivo.

Antananarivo vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 73.9% less for restaurants

	Reykjavik	Antananarivo
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,632	$3.22 MGA15,100	-83.9%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,371	$4.30 MGA20,134	-76.1%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK415	$1.16 MGA5,436	-63.2%
Bottle of water (11 fl. oz)	$2.19 ISK288	$0.60 MGA2,824	-72.4%
Average			-73.9%

Reykjavik vs. Antananarivo - Cost of restaurants

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pay 62.3% less for groceries

	Reykjavik	Antananarivo
Bread 1 loaf	$3.61 ISK475	$1.19 MGA5,591	-66.9%
Local cheese (8 oz)	$7.76 ISK1,021	$5.22 MGA24,448	-32.7%
Milk (1 gallon)	$6.40 ISK843	$3.94 MGA18,478	-38.4%
Eggs 1 dozen	$5.76 ISK757	$1.80 MGA8,456	-68.6%
Boneless chicken breast (1 lb)	$9.45 ISK1,243	$2.10 MGA9,818	-77.8%
Apples (1 lb)	$1.40 ISK185	$0.65 MGA3,044	-53.7%
Bananas (1 lb)	$1.01 ISK133	$0.27 MGA1,265	-73.2%
Oranges (1 lb)	$1.22 ISK160	$0.51 MGA2,397	-58.0%
Tomatoes (1 lb)	$2.22 ISK293	$0.33 MGA1,560	-85.0%
Potatoes (1 lb)	$1.43 ISK189	$0.35 MGA1,621	-75.9%
Onions (1 lb)	$0.93 ISK123	$0.42 MGA1,986	-54.6%
Average			-62.3%

Reykjavik vs. Antananarivo - Cost of groceries

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pay 55.5% less for transportation

	Reykjavik	Antananarivo
Gasoline (1 gallon)	$8.50 ISK1,119	$4.58 MGA21,436	-46.2%
Monthly public transit pass	$74.95 ISK9,863	??
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,585,630	$11,817.99 MGA55,368,279	-72.2%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,165	$12.46 MGA58,388	-48.2%
Average			-55.5%

Reykjavik vs. Antananarivo - Cost of transportation

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pay 59.4% less for housing

	Reykjavik	Antananarivo
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,193	$52.31 MGA245,059	-25.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK259,367	$354.54 MGA1,661,048	-82.0%
1-Bedroom apartment outside city center	$1,803.44 ISK237,297	$53.69 MGA251,552	-97.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,099	$35.96 MGA168,490	-33.3%
Average			-59.4%

Reykjavik vs. Antananarivo - Cost of housing

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pay 12.0% more for childcare

	Reykjavik	Antananarivo
Private preschool for 1 child, monthly	$252.14 ISK33,177	$89.71 MGA420,296	-64.4%
Middle school for 1 child, two semesters	$5,993.99 ISK788,690	$11,292.35 MGA52,905,606	+88.4%
Average			+12.0%

Reykjavik vs. Antananarivo - Cost of childcare

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pay 68.3% less for entertainment and sports

	Reykjavik	Antananarivo
Domestic/local beer (1 pint)	$10.81 ISK1,422	$1.07 MGA5,033	-90.1%
Cappuccino in mid-range area	$5.31 ISK698	$1.12 MGA5,235	-78.9%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,611	$3.22 MGA15,100	-73.7%
Monthly membership at local gym	$69.95 ISK9,204	$40.29 MGA188,756	-42.4%
Movie ticket to theater/cinema	$14.77 ISK1,944	$6.45 MGA30,201	-56.4%
Average			-68.3%

Reykjavik vs. Antananarivo - Cost of entertainment and sports

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pay 58.0% less for clothing

	Reykjavik	Antananarivo
Regular jeans Levi's brand	$108.97 ISK14,339	$19.71 MGA92,343	-81.9%
Regular dress from H&M or similar store	$49.72 ISK6,542	$24.89 MGA116,609	-49.9%
Running shoes Nike or Adidas	$151.85 ISK19,981	$90.25 MGA422,812	-40.6%
Men's business shoes (leather)	$194.16 ISK25,547	$78.79 MGA369,122	-59.4%
Average			-58.0%

Reykjavik vs. Antananarivo - 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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