Cost of living comparison

compared to
Hickory vs. Reykjavik Cost of Living Summary

Hickory is 27.9% more expensive than Reykjavik.

Restaurants
pay 33.1% less in Hickory
Groceries
pay 3.9% less in Hickory
Transportation
pay 34.4% less in Hickory
Housing
pay 4.8% more in Hickory
Childcare
pay 4.3 times more in Hickory
Entertainment and Sports
pay 27.4% less in Hickory
Clothing
pay 39.2% less in Hickory

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

Hickory vs. Reykjavik Cost Breakdown

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

pay 33.1% less for restaurants

 
Reykjavik
Hickory
Basic meal with drink at inexpensive restaurant $20.00
ISK2,796
$15.00
 
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,519
$10.00
 
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK441
$2.16
 

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pay 3.9% less for groceries

 
Reykjavik
Hickory
Bread
1 loaf
$3.61
ISK505
$3.87
 
Local cheese (8 oz) $7.76
ISK1,084
$7.44
 
Milk (1 gallon) $6.40
ISK895
$3.46
 

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pay 34.4% less for transportation

 
Reykjavik
Hickory
Gasoline (1 gallon) $8.50
ISK1,188
$2.97
 
Monthly public transit pass $74.95
ISK10,477
$45.00
 
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,933,724
$34,689.37
 

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pay 4.8% more for housing

 
Reykjavik
Hickory
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,766
$80.00
 
1-Bedroom apartment in downtown area $1,971.17
ISK275,530
$1,200.00
 
1-Bedroom apartment outside city center $1,803.44
ISK252,085
$975.00
 

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pay 4.3 times more for childcare

 
Reykjavik
Hickory
Private preschool for 1 child, monthly $252.14
ISK35,244
$900.00
 
Middle school for 1 child, two semesters $5,993.99
ISK837,840
$30,000.00
 

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pay 27.4% less for entertainment and sports

 
Reykjavik
Hickory
Domestic/local beer (1 pint) $10.81
ISK1,511
$4.00
 
Cappuccino in mid-range area $5.31
ISK742
$4.81
 
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,712
$7.52
 

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pay 39.2% less for clothing

 
Reykjavik
Hickory
Regular jeans
Levi's brand
$108.97
ISK15,232
$52.50
 
Regular dress
from H&M or similar store
$49.72
ISK6,950
$39.67
 
Running shoes
Nike or Adidas
$151.85
ISK21,226
$83.75
 

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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: January 2025
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