Cost of living comparison

Reykjavik, Iceland

compared to

Chaguanas, Trinidad and Tobago

Chaguanas vs. Reykjavik Cost of Living Summary

Chaguanas is 36.4% cheaper than Reykjavik.

Restaurants: pay 59.8% less in Chaguanas
Groceries: pay 8.0% less in Chaguanas
Transportation: pay 50.8% less in Chaguanas
Housing: pay 39.9% less in Chaguanas
Childcare: pay 15.2% less in Chaguanas
Entertainment and Sports: pay 51.2% less in Chaguanas
Clothing: pay 29.8% less in Chaguanas

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

Chaguanas vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 59.8% less for restaurants

	Reykjavik	Chaguanas
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,545	$10.24 TTD69.50	-48.8%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,293	$7.31 TTD49.64	-59.4%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK401	$1.00 TTD6.81	-68.2%
Bottle of water (11 fl. oz)	$2.19 ISK278	$0.81 TTD5.52	-62.8%
Average			-59.8%

Reykjavik vs. Chaguanas - Cost of restaurants

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pay 8.0% less for groceries

	Reykjavik	Chaguanas
Bread 1 loaf	$3.61 ISK459	$2.36 TTD16.05	-34.5%
Local cheese (8 oz)	$7.76 ISK987	$3.93 TTD26.67	-49.4%
Milk (1 gallon)	$6.40 ISK815	$9.37 TTD63.59	+46.3%
Eggs 1 dozen	$5.76 ISK733	$4.10 TTD27.80	-28.8%
Boneless chicken breast (1 lb)	$9.45 ISK1,202	$4.26 TTD28.92	-54.9%
Apples (1 lb)	$1.40 ISK178	$2.06 TTD13.95	+46.5%
Bananas (1 lb)	$1.01 ISK128	$1.11 TTD7.54	+10.0%
Oranges (1 lb)	$1.22 ISK155	$1.86 TTD12.64	+53.0%
Tomatoes (1 lb)	$2.22 ISK283	$2.21 TTD14.98	-0.8%
Potatoes (1 lb)	$1.43 ISK183	$0.62 TTD4.18	-57.1%
Onions (1 lb)	$0.93 ISK119	$0.76 TTD5.16	-18.5%
Average			-8.0%

Reykjavik vs. Chaguanas - Cost of groceries

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pay 50.8% less for transportation

	Reykjavik	Chaguanas
Gasoline (1 gallon)	$8.50 ISK1,082	$3.53 TTD23.94	-58.5%
Monthly public transit pass	$74.95 ISK9,538	??
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,401,820	$32,914.69 TTD223,377.87	-22.5%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,060	$6.88 TTD46.66	-71.4%
Average			-50.8%

Reykjavik vs. Chaguanas - Cost of transportation

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pay 39.9% less for housing

	Reykjavik	Chaguanas
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,890	$52.30 TTD354.92	-25.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK250,832	$477.87 TTD3,243.12	-75.8%
1-Bedroom apartment outside city center	$1,803.44 ISK229,488	$354.75 TTD2,407.52	-80.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,866	$65.72 TTD446.03	+21.8%
Average			-39.9%

Reykjavik vs. Chaguanas - Cost of housing

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pay 15.2% less for childcare

	Reykjavik	Chaguanas
Private preschool for 1 child, monthly	$252.14 ISK32,085	$229.42 TTD1,556.94	-9.0%
Middle school for 1 child, two semesters	$5,993.99 ISK762,736	$4,719.60 TTD32,029.90	-21.3%
Average			-15.2%

Reykjavik vs. Chaguanas - Cost of childcare

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pay 51.2% less for entertainment and sports

	Reykjavik	Chaguanas
Domestic/local beer (1 pint)	$10.81 ISK1,376	$1.76 TTD11.91	-83.8%
Cappuccino in mid-range area	$5.31 ISK675	$3.57 TTD24.21	-32.8%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,558	$5.56 TTD37.73	-54.6%
Monthly membership at local gym	$69.95 ISK8,901	$39.01 TTD264.74	-44.2%
Movie ticket to theater/cinema	$14.77 ISK1,880	$8.78 TTD59.57	-40.6%
Average			-51.2%

Reykjavik vs. Chaguanas - Cost of entertainment and sports

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pay 29.8% less for clothing

	Reykjavik	Chaguanas
Regular jeans Levi's brand	$108.97 ISK13,867	$58.27 TTD395.46	-46.5%
Regular dress from H&M or similar store	$49.72 ISK6,327	$51.20 TTD347.48	+3.0%
Running shoes Nike or Adidas	$151.85 ISK19,323	$104.84 TTD711.50	-31.0%
Men's business shoes (leather)	$194.16 ISK24,707	$107.85 TTD731.96	-44.5%
Average			-29.8%

Reykjavik vs. Chaguanas - 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: June 2025

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