Cost of living comparison

compared to
Mooresville vs. Reykjavik Cost of Living Summary

Mooresville is 33.9% more expensive than Reykjavik.

Restaurants
pay 33.9% less in Mooresville
Groceries
pay 4.9% less in Mooresville
Transportation
pay 41.0% less in Mooresville
Housing
pay 14.5% more in Mooresville
Childcare
pay 4.8 times more in Mooresville
Entertainment and Sports
pay 31.8% less in Mooresville
Clothing
pay 40.5% less in Mooresville

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

Mooresville vs. Reykjavik Cost Breakdown

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

pay 33.9% less for restaurants

 
Reykjavik
Mooresville
Basic meal with drink at inexpensive restaurant $20.00
ISK2,796
$15.50
 
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,519
$9.00
 
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK441
$2.15
 

Improve prices ·

pay 4.9% less for groceries

 
Reykjavik
Mooresville
Bread
1 loaf
$3.61
ISK505
$2.47
 
Local cheese (8 oz) $7.76
ISK1,084
$4.78
 
Milk (1 gallon) $6.40
ISK895
$3.46
 

Improve prices ·

pay 41.0% less for transportation

 
Reykjavik
Mooresville
Gasoline (1 gallon) $8.50
ISK1,188
$3.09
 
Monthly public transit pass $74.95
ISK10,477
??
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,933,724
$34,244.87
 

Improve prices ·

pay 14.5% more for housing

 
Reykjavik
Mooresville
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,766
$50.00
 
1-Bedroom apartment in downtown area $1,971.17
ISK275,530
$1,414.50
 
1-Bedroom apartment outside city center $1,803.44
ISK252,085
$1,200.00
 

Improve prices ·

pay 4.8 times more for childcare

 
Reykjavik
Mooresville
Private preschool for 1 child, monthly $252.14
ISK35,244
$1,450.00
 
Middle school for 1 child, two semesters $5,993.99
ISK837,840
$22,500.00
 

Improve prices ·

pay 31.8% less for entertainment and sports

 
Reykjavik
Mooresville
Domestic/local beer (1 pint) $10.81
ISK1,511
$4.00
 
Cappuccino in mid-range area $5.31
ISK742
$3.93
 
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,712
$8.00
 

Improve prices ·

pay 40.5% less for clothing

 
Reykjavik
Mooresville
Regular jeans
Levi's brand
$108.97
ISK15,232
$54.25
 
Regular dress
from H&M or similar store
$49.72
ISK6,950
$35.00
 
Running shoes
Nike or Adidas
$151.85
ISK21,226
$89.83
 

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. United States. This provides a comparison of the average cost of living from cities within Iceland and United States.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Mooresville or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.