Cost of living comparison

Reykjavik, Iceland

compared to

Islamabad, Pakistan

Islamabad vs. Reykjavik Cost of Living Summary

Islamabad is 68.2% cheaper than Reykjavik.

Restaurants: pay 86.2% less in Islamabad
Groceries: pay 72.5% less in Islamabad
Transportation: pay 69.4% less in Islamabad
Housing: pay 50.5% less in Islamabad
Childcare: pay 61.8% less in Islamabad
Entertainment and Sports: pay 73.4% less in Islamabad
Clothing: pay 63.7% less in Islamabad

Expenses including restaurants, entertainment and sports, groceries, transportation, clothing, and childcare are lower in Islamabad.

Islamabad vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 86.2% less for restaurants

	Reykjavik	Islamabad
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,527	$1.79 PKR505.13	-91.1%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,277	$4.30 PKR1,212.30	-76.2%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK399	$0.35 PKR99.88	-88.8%
Bottle of water (11 fl. oz)	$2.19 ISK276	$0.24 PKR68.29	-88.9%
Average			-86.2%

Reykjavik vs. Islamabad - Cost of restaurants

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pay 72.5% less for groceries

	Reykjavik	Islamabad
Bread 1 loaf	$3.61 ISK456	$0.68 PKR191.36	-81.2%
Local cheese (8 oz)	$7.76 ISK980	$2.96 PKR835.33	-61.8%
Milk (1 gallon)	$6.40 ISK809	$3.31 PKR935.13	-48.3%
Eggs 1 dozen	$5.76 ISK727	$1.25 PKR352.79	-78.3%
Boneless chicken breast (1 lb)	$9.45 ISK1,194	$1.64 PKR463.11	-82.6%
Apples (1 lb)	$1.40 ISK177	$0.48 PKR136.10	-65.6%
Bananas (1 lb)	$1.01 ISK128	$0.38 PKR108.01	-62.1%
Oranges (1 lb)	$1.22 ISK154	$0.37 PKR104.86	-69.5%
Tomatoes (1 lb)	$2.22 ISK281	$0.26 PKR73.63	-88.3%
Potatoes (1 lb)	$1.43 ISK181	$0.19 PKR53.22	-86.9%
Onions (1 lb)	$0.93 ISK118	$0.25 PKR70.76	-73.2%
Average			-72.5%

Reykjavik vs. Islamabad - Cost of groceries

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pay 69.4% less for transportation

	Reykjavik	Islamabad
Gasoline (1 gallon)	$8.50 ISK1,074	$3.81 PKR1,074.21	-55.2%
Monthly public transit pass	$74.95 ISK9,472	$6.80 PKR1,919.48	-90.9%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,364,463	$21,479.46 PKR6,061,502.45	-49.4%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,039	$4.27 PKR1,206.24	-82.2%
Average			-69.4%

Reykjavik vs. Islamabad - Cost of transportation

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pay 50.5% less for housing

	Reykjavik	Islamabad
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,829	$18.16 PKR5,123.41	-74.0%
1-Bedroom apartment in downtown area	$1,971.17 ISK249,097	$174.15 PKR49,145.71	-91.2%
1-Bedroom apartment outside city center	$1,803.44 ISK227,901	$99.01 PKR27,939.74	-94.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,818	$84.99 PKR23,983.21	+57.5%
Average			-50.5%

Reykjavik vs. Islamabad - Cost of housing

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pay 61.8% less for childcare

	Reykjavik	Islamabad
Private preschool for 1 child, monthly	$252.14 ISK31,863	$60.17 PKR16,979.98	-76.1%
Middle school for 1 child, two semesters	$5,993.99 ISK757,461	$3,142.14 PKR886,711.22	-47.6%
Average			-61.8%

Reykjavik vs. Islamabad - Cost of childcare

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pay 73.4% less for entertainment and sports

	Reykjavik	Islamabad
Domestic/local beer (1 pint)	$10.81 ISK1,366	$1.79 PKR505.13	-83.4%
Cappuccino in mid-range area	$5.31 ISK670	$1.97 PKR555.16	-62.9%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,547	$2.15 PKR606.15	-82.5%
Monthly membership at local gym	$69.95 ISK8,839	$23.01 PKR6,494.47	-67.1%
Movie ticket to theater/cinema	$14.77 ISK1,867	$4.30 PKR1,212.30	-70.9%
Average			-73.4%

Reykjavik vs. Islamabad - Cost of entertainment and sports

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pay 63.7% less for clothing

	Reykjavik	Islamabad
Regular jeans Levi's brand	$108.97 ISK13,771	$19.06 PKR5,378.10	-82.5%
Regular dress from H&M or similar store	$49.72 ISK6,283	$26.18 PKR7,387.46	-47.3%
Running shoes Nike or Adidas	$151.85 ISK19,190	$83.29 PKR23,505.16	-45.1%
Men's business shoes (leather)	$194.16 ISK24,536	$38.79 PKR10,947.33	-80.0%
Average			-63.7%

Reykjavik vs. Islamabad - 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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