Cost of living comparison

Reykjavik, Iceland

compared to

Arima, Trinidad and Tobago

Arima vs. Reykjavik Cost of Living Summary

Arima is 46.7% cheaper than Reykjavik.

Restaurants: pay 62.8% less in Arima
Groceries: pay 25.8% less in Arima
Transportation: pay 50.3% less in Arima
Housing: pay 43.7% less in Arima
Childcare: pay 34.5% less in Arima
Entertainment and Sports: pay 61.7% less in Arima
Clothing: pay 48.3% less in Arima

Expenses including restaurants, entertainment and sports, transportation, clothing, housing, and childcare are lower in Arima.

Arima vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 62.8% less for restaurants

	Reykjavik	Arima
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,569	$8.78 TTD59.56	-56.1%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,314	$7.31 TTD49.63	-59.4%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK405	$0.98 TTD6.62	-69.1%
Bottle of water (11 fl. oz)	$2.19 ISK281	$0.73 TTD4.96	-66.5%
Average			-62.8%

Reykjavik vs. Arima - Cost of restaurants

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pay 25.8% less for groceries

	Reykjavik	Arima
Bread 1 loaf	$3.61 ISK464	$2.12 TTD14.39	-41.3%
Local cheese (8 oz)	$7.76 ISK996	$2.08 TTD14.15	-73.1%
Milk (1 gallon)	$6.40 ISK822	$8.31 TTD56.37	+29.7%
Eggs 1 dozen	$5.76 ISK739	$3.78 TTD25.66	-34.3%
Boneless chicken breast (1 lb)	$9.45 ISK1,213	$2.62 TTD17.81	-72.2%
Apples (1 lb)	$1.40 ISK180	$2.23 TTD15.14	+59.1%
Bananas (1 lb)	$1.01 ISK130	$0.70 TTD4.72	-31.1%
Oranges (1 lb)	$1.22 ISK156	$1.86 TTD12.64	+53.0%
Tomatoes (1 lb)	$2.22 ISK286	$1.55 TTD10.51	-30.4%
Potatoes (1 lb)	$1.43 ISK184	$0.32 TTD2.16	-77.8%
Onions (1 lb)	$0.93 ISK120	$0.32 TTD2.16	-65.8%
Average			-25.8%

Reykjavik vs. Arima - Cost of groceries

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pay 50.3% less for transportation

	Reykjavik	Arima
Gasoline (1 gallon)	$8.50 ISK1,092	$3.52 TTD23.90	-58.6%
Monthly public transit pass	$74.95 ISK9,626	??
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,451,803	$33,646.13 TTD228,315.67	-20.7%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,089	$6.80 TTD46.16	-71.7%
Average			-50.3%

Reykjavik vs. Arima - Cost of transportation

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pay 43.7% less for housing

	Reykjavik	Arima
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,973	$57.56 TTD390.62	-17.6%
1-Bedroom apartment in downtown area	$1,971.17 ISK253,152	$475.43 TTD3,226.20	-75.9%
1-Bedroom apartment outside city center	$1,803.44 ISK231,611	$351.09 TTD2,382.42	-80.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,929	$53.54 TTD363.29	-0.8%
Average			-43.7%

Reykjavik vs. Arima - Cost of housing

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pay 34.5% less for childcare

	Reykjavik	Arima
Private preschool for 1 child, monthly	$252.14 ISK32,382	$131.66 TTD893.41	-47.8%
Middle school for 1 child, two semesters	$5,993.99 ISK769,793	$4,719.60 TTD32,026.24	-21.3%
Average			-34.5%

Reykjavik vs. Arima - Cost of childcare

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pay 61.7% less for entertainment and sports

	Reykjavik	Arima
Domestic/local beer (1 pint)	$10.81 ISK1,388	$1.61 TTD10.92	-85.1%
Cappuccino in mid-range area	$5.31 ISK681	$2.34 TTD15.88	-55.9%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,573	$3.66 TTD24.82	-70.1%
Monthly membership at local gym	$69.95 ISK8,983	$47.54 TTD322.62	-32.0%
Movie ticket to theater/cinema	$14.77 ISK1,897	$5.12 TTD34.74	-65.3%
Average			-61.7%

Reykjavik vs. Arima - Cost of entertainment and sports

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pay 48.3% less for clothing

	Reykjavik	Arima
Regular jeans Levi's brand	$108.97 ISK13,995	$51.20 TTD347.44	-53.0%
Regular dress from H&M or similar store	$49.72 ISK6,386	$26.33 TTD178.68	-47.0%
Running shoes Nike or Adidas	$151.85 ISK19,502	$104.84 TTD711.42	-31.0%
Men's business shoes (leather)	$194.16 ISK24,935	$73.14 TTD496.34	-62.3%
Average			-48.3%

Reykjavik vs. Arima - 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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