Cost of living comparison

Reykjavik, Iceland

compared to

Kuwait

Kuwait vs. Reykjavik Cost of Living Summary

Kuwait is 39.5% cheaper than Reykjavik.

Restaurants: pay 70.7% less in Kuwait
Groceries: pay 53.6% less in Kuwait
Transportation: pay 39.6% less in Kuwait
Housing: pay 54.0% less in Kuwait
Childcare: pay 16.6% more in Kuwait
Entertainment and Sports: pay 33.9% less in Kuwait
Clothing: pay 41.4% less in Kuwait

Expenses including restaurants, housing, groceries, clothing, transportation, and entertainment and sports are lower in Kuwait.

Kuwait vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 70.7% less for restaurants

	Reykjavik	Kuwait
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,664	$7.72 KWD2.380	-61.4%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,400	$7.66 KWD2.360	-57.5%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK420	$0.55 KWD0.170	-82.5%
Bottle of water (11 fl. oz)	$2.19 ISK291	$0.40 KWD0.120	-81.5%
Average			-70.7%

Reykjavik vs. Kuwait - Cost of restaurants

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pay 53.6% less for groceries

	Reykjavik	Kuwait
Bread 1 loaf	$3.61 ISK481	$1.01 KWD0.310	-72.0%
Local cheese (8 oz)	$7.76 ISK1,033	$2.23 KWD0.690	-71.3%
Milk (1 gallon)	$6.40 ISK853	$5.23 KWD1.610	-18.3%
Eggs 1 dozen	$5.76 ISK767	$2.36 KWD0.730	-59.1%
Boneless chicken breast (1 lb)	$9.45 ISK1,258	$2.67 KWD0.820	-71.7%
Apples (1 lb)	$1.40 ISK187	$0.97 KWD0.300	-31.0%
Bananas (1 lb)	$1.01 ISK134	$0.77 KWD0.240	-23.7%
Oranges (1 lb)	$1.22 ISK162	$0.63 KWD0.200	-47.9%
Tomatoes (1 lb)	$2.22 ISK296	$0.60 KWD0.190	-73.0%
Potatoes (1 lb)	$1.43 ISK191	$0.46 KWD0.140	-67.6%
Onions (1 lb)	$0.93 ISK124	$0.43 KWD0.130	-53.9%
Average			-53.6%

Reykjavik vs. Kuwait - Cost of groceries

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pay 39.6% less for transportation

	Reykjavik	Kuwait
Gasoline (1 gallon)	$8.50 ISK1,132	$1.25 KWD0.390	-85.3%
Monthly public transit pass	$74.95 ISK9,984	$48.77 KWD15.020	-34.9%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,654,400	$20,067.40 KWD6,181.640	-52.7%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,204	$27.53 KWD8.480	+14.5%
Average			-39.6%

Reykjavik vs. Kuwait - Cost of transportation

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pay 54.0% less for housing

	Reykjavik	Kuwait
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,306	$24.39 KWD7.510	-65.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK262,560	$767.09 KWD236.300	-61.1%
1-Bedroom apartment outside city center	$1,803.44 ISK240,218	$636.14 KWD195.960	-64.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,187	$40.50 KWD12.480	-24.9%
Average			-54.0%

Reykjavik vs. Kuwait - Cost of housing

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pay 16.6% more for childcare

	Reykjavik	Kuwait
Private preschool for 1 child, monthly	$252.14 ISK33,585	$345.62 KWD106.470	+37.1%
Middle school for 1 child, two semesters	$5,993.99 ISK798,400	$5,757.77 KWD1,773.640	-3.9%
Average			+16.6%

Reykjavik vs. Kuwait - Cost of childcare

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pay 33.9% less for entertainment and sports

	Reykjavik	Kuwait
Domestic/local beer (1 pint)	$10.81 ISK1,440	$1.63 KWD0.500	-85.0%
Cappuccino in mid-range area	$5.31 ISK707	$4.77 KWD1.470	-10.2%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,631	$3.04 KWD0.940	-75.2%
Monthly membership at local gym	$69.95 ISK9,317	$89.30 KWD27.510	+27.7%
Movie ticket to theater/cinema	$14.77 ISK1,968	$10.81 KWD3.330	-26.8%
Average			-33.9%

Reykjavik vs. Kuwait - Cost of entertainment and sports

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pay 41.4% less for clothing

	Reykjavik	Kuwait
Regular jeans Levi's brand	$108.97 ISK14,515	$40.88 KWD12.590	-62.5%
Regular dress from H&M or similar store	$49.72 ISK6,623	$46.73 KWD14.390	-6.0%
Running shoes Nike or Adidas	$151.85 ISK20,227	$89.98 KWD27.720	-40.7%
Men's business shoes (leather)	$194.16 ISK25,862	$84.70 KWD26.090	-56.4%
Average			-41.4%

Reykjavik vs. Kuwait - 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: March 2025

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