Cost of living comparison

compared to
Santa Fe vs. Reykjavik Cost of Living Summary

Santa Fe is 19.4% more expensive than Reykjavik.

Restaurants
pay 21.7% less in Santa Fe
Groceries
pay 6.8% less in Santa Fe
Transportation
pay 27.9% less in Santa Fe
Housing
pay 48.9% more in Santa Fe
Childcare
pay 2.9 times more in Santa Fe
Entertainment and Sports
pay 2.6% less in Santa Fe
Clothing
pay 49.0% less in Santa Fe

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

Santa Fe vs. Reykjavik Cost Breakdown

If you lived in Santa Fe instead of Reykjavik, you would:

pay 21.7% less for restaurants

 
Reykjavik
Santa Fe
Basic meal with drink at inexpensive restaurant $20.00
ISK2,796
$18.00
 
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,519
$10.00
 
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK441
$2.73
 

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pay 6.8% less for groceries

 
Reykjavik
Santa Fe
Bread
1 loaf
$3.61
ISK505
$2.70
 
Local cheese (8 oz) $7.76
ISK1,084
$6.52
 
Milk (1 gallon) $6.40
ISK895
$3.86
 

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pay 27.9% less for transportation

 
Reykjavik
Santa Fe
Gasoline (1 gallon) $8.50
ISK1,188
$3.15
 
Monthly public transit pass $74.95
ISK10,477
??
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,933,724
$45,000.00
 

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pay 48.9% more for housing

 
Reykjavik
Santa Fe
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,766
$79.54
 
1-Bedroom apartment in downtown area $1,971.17
ISK275,530
$1,816.67
 
1-Bedroom apartment outside city center $1,803.44
ISK252,085
$1,620.00
 

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pay 2.9 times more for childcare

 
Reykjavik
Santa Fe
Private preschool for 1 child, monthly $252.14
ISK35,244
$1,233.33
 
Middle school for 1 child, two semesters $5,993.99
ISK837,840
$6,000.00
 

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pay 2.6% less for entertainment and sports

 
Reykjavik
Santa Fe
Domestic/local beer (1 pint) $10.81
ISK1,511
$6.00
 
Cappuccino in mid-range area $5.31
ISK742
$4.75
 
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,712
$9.50
 

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pay 49.0% less for clothing

 
Reykjavik
Santa Fe
Regular jeans
Levi's brand
$108.97
ISK15,232
$48.33
 
Regular dress
from H&M or similar store
$49.72
ISK6,950
$25.00
 
Running shoes
Nike or Adidas
$151.85
ISK21,226
$87.50
 

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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: January 2025
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