Cost of living comparison

Reykjavik, Iceland

compared to

Jamaica

Jamaica vs. Reykjavik Cost of Living Summary

Jamaica is 37.2% cheaper than Reykjavik.

Restaurants: pay 59.9% less in Jamaica
Groceries: pay 1.4% less in Jamaica
Transportation: pay 25.8% less in Jamaica
Housing: pay 23.1% less in Jamaica
Childcare: pay 44.1% less in Jamaica
Entertainment and Sports: pay 42.0% less in Jamaica
Clothing: pay 63.9% less in Jamaica

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

Jamaica vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 59.9% less for restaurants

	Reykjavik	Jamaica
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,569	$7.25 JMD1,146.26	-63.8%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,314	$7.80 JMD1,233.93	-56.7%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK405	$1.33 JMD210.42	-57.8%
Bottle of water (11 fl. oz)	$2.19 ISK281	$0.85 JMD133.80	-61.3%
Average			-59.9%

Reykjavik vs. Jamaica - Cost of restaurants

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pay 1.4% less for groceries

	Reykjavik	Jamaica
Bread 1 loaf	$3.61 ISK464	$2.62 JMD414.75	-27.4%
Local cheese (8 oz)	$7.76 ISK996	$5.91 JMD935.57	-23.8%
Milk (1 gallon)	$6.40 ISK822	$13.43 JMD2,123.66	+109.6%
Eggs 1 dozen	$5.76 ISK739	$3.35 JMD529.51	-41.8%
Boneless chicken breast (1 lb)	$9.45 ISK1,213	$2.97 JMD469.49	-68.6%
Apples (1 lb)	$1.40 ISK180	$2.46 JMD389.44	+75.6%
Bananas (1 lb)	$1.01 ISK130	$1.21 JMD190.62	+19.4%
Oranges (1 lb)	$1.22 ISK156	$1.71 JMD270.36	+40.4%
Tomatoes (1 lb)	$2.22 ISK286	$1.22 JMD192.60	-45.3%
Potatoes (1 lb)	$1.43 ISK184	$0.92 JMD145.31	-36.0%
Onions (1 lb)	$0.93 ISK120	$0.77 JMD121.13	-18.0%
Average			-1.4%

Reykjavik vs. Jamaica - Cost of groceries

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pay 25.8% less for transportation

	Reykjavik	Jamaica
Gasoline (1 gallon)	$8.50 ISK1,092	$4.83 JMD764.61	-43.1%
Monthly public transit pass	$74.95 ISK9,626	$37.59 JMD5,946.67	-49.8%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,451,803	$40,601.97 JMD6,422,406.34	-4.4%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,089	$22.62 JMD3,577.91	-6.0%
Average			-25.8%

Reykjavik vs. Jamaica - Cost of transportation

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pay 23.1% less for housing

	Reykjavik	Jamaica
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,973	$48.42 JMD7,659.57	-30.7%
1-Bedroom apartment in downtown area	$1,971.17 ISK253,152	$594.87 JMD94,095.59	-69.8%
1-Bedroom apartment outside city center	$1,803.44 ISK231,611	$355.79 JMD56,278.43	-80.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,929	$101.67 JMD16,081.58	+88.4%
Average			-23.1%

Reykjavik vs. Jamaica - Cost of housing

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pay 44.1% less for childcare

	Reykjavik	Jamaica
Private preschool for 1 child, monthly	$252.14 ISK32,382	$194.86 JMD30,823.59	-22.7%
Middle school for 1 child, two semesters	$5,993.99 ISK769,793	$2,060.17 JMD325,877.66	-65.6%
Average			-44.1%

Reykjavik vs. Jamaica - Cost of childcare

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pay 42.0% less for entertainment and sports

	Reykjavik	Jamaica
Domestic/local beer (1 pint)	$10.81 ISK1,388	$2.65 JMD418.63	-75.5%
Cappuccino in mid-range area	$5.31 ISK681	$3.05 JMD482.32	-42.5%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,573	$8.65 JMD1,367.73	-29.4%
Monthly membership at local gym	$69.95 ISK8,983	$41.08 JMD6,497.29	-41.3%
Movie ticket to theater/cinema	$14.77 ISK1,897	$11.65 JMD1,843.47	-21.1%
Average			-42.0%

Reykjavik vs. Jamaica - Cost of entertainment and sports

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pay 63.9% less for clothing

	Reykjavik	Jamaica
Regular jeans Levi's brand	$108.97 ISK13,995	$24.19 JMD3,825.69	-77.8%
Regular dress from H&M or similar store	$49.72 ISK6,386	$21.83 JMD3,452.37	-56.1%
Running shoes Nike or Adidas	$151.85 ISK19,502	$66.00 JMD10,439.71	-56.5%
Men's business shoes (leather)	$194.16 ISK24,935	$67.67 JMD10,704.01	-65.1%
Average			-63.9%

Reykjavik vs. Jamaica - 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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