Cost of living comparison

 Reykjavik, Iceland
compared to
Limerick vs. Reykjavik Cost of Living Summary

Limerick is 3.0% cheaper than Reykjavik.

Restaurants
pay 28.9% less in Limerick
Groceries
pay 17.7% less in Limerick
Transportation
pay 26.1% less in Limerick
Housing
pay 21.8% more in Limerick
Childcare
pay 90.1% more in Limerick
Entertainment and Sports
pay 17.0% less in Limerick
Clothing
pay 43.0% less in Limerick

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

Limerick vs. Reykjavik Cost Breakdown

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

pay 28.9% less for restaurants

 
Reykjavik
Limerick
Basic meal with drink at inexpensive restaurant $20.00
ISK2,569
$19.29
€16.99
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,314
$9.65
€8.49
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK405
$1.95
€1.72

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pay 17.7% less for groceries

 
Reykjavik
Limerick
Bread
1 loaf
$3.61
ISK464
$1.88
€1.66
Local cheese (8 oz) $7.76
ISK996
$3.47
€3.05
Milk (1 gallon) $6.40
ISK822
$5.45
€4.80

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pay 26.1% less for transportation

 
Reykjavik
Limerick
Gasoline (1 gallon) $8.50
ISK1,092
$7.07
€6.22
Monthly public transit pass $74.95
ISK9,626
$42.87
€37.74
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,451,803
$39,306.91
€34,607.26

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pay 21.8% more for housing

 
Reykjavik
Limerick
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK8,973
$47.46
€41.79
1-Bedroom apartment in downtown area $1,971.17
ISK253,152
$1,822.00
€1,604.15
1-Bedroom apartment outside city center $1,803.44
ISK231,611
$1,436.16
€1,264.45

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pay 90.1% more for childcare

 
Reykjavik
Limerick
Private preschool for 1 child, monthly $252.14
ISK32,382
$868.13
€764.33
Middle school for 1 child, two semesters $5,993.99
ISK769,793
$2,143.53
€1,887.24

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pay 17.0% less for entertainment and sports

 
Reykjavik
Limerick
Domestic/local beer (1 pint) $10.81
ISK1,388
$6.22
€5.47
Cappuccino in mid-range area $5.31
ISK681
$3.68
€3.24
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,573
$16.61
€14.63

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pay 43.0% less for clothing

 
Reykjavik
Limerick
Regular jeans
Levi's brand
$108.97
ISK13,995
$55.73
€49.07
Regular dress
from H&M or similar store
$49.72
ISK6,386
$36.44
€32.08
Running shoes
Nike or Adidas
$151.85
ISK19,502
$95.57
€84.14

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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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