Cost of living comparison

compared to

Singapore vs. Reykjavik Cost of Living Summary

Singapore is 50.0% more expensive than Reykjavik.

Restaurants: pay 52.0% less in Singapore
Groceries: pay 1.4% less in Singapore
Transportation: pay 43.8% more in Singapore
Housing: pay 31.6% more in Singapore
Childcare: pay 4.6 times more in Singapore
Entertainment and Sports: pay 3.8% less in Singapore
Clothing: pay 32.2% less in Singapore

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

Singapore vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 52.0% less for restaurants

	Reykjavik	Singapore
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,796	$10.16 SGD13.92	-49.2%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,519	$7.52 SGD10.31	-58.2%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK441	$1.52 SGD2.08	-51.8%
Bottle of water (11 fl. oz)	$2.19 ISK305	$1.12 SGD1.53	-48.8%
Average			-52.0%

Reykjavik vs. Singapore - Cost of restaurants

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pay 1.4% less for groceries

	Reykjavik	Singapore
Bread 1 loaf	$3.61 ISK505	$2.11 SGD2.89	-41.7%
Local cheese (8 oz)	$7.76 ISK1,084	$8.41 SGD11.53	+8.5%
Milk (1 gallon)	$6.40 ISK895	$10.38 SGD14.23	+62.1%
Eggs 1 dozen	$5.76 ISK805	$3.30 SGD4.52	-42.7%
Boneless chicken breast (1 lb)	$9.45 ISK1,321	$4.50 SGD6.16	-52.4%
Apples (1 lb)	$1.40 ISK196	$1.80 SGD2.47	+28.6%
Bananas (1 lb)	$1.01 ISK141	$1.36 SGD1.86	+34.7%
Oranges (1 lb)	$1.22 ISK170	$1.80 SGD2.47	+47.8%
Tomatoes (1 lb)	$2.22 ISK311	$1.27 SGD1.73	-43.1%
Potatoes (1 lb)	$1.43 ISK201	$1.02 SGD1.40	-28.8%
Onions (1 lb)	$0.93 ISK131	$1.04 SGD1.42	+11.1%
Average			-1.4%

Reykjavik vs. Singapore - Cost of groceries

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pay 43.8% more for transportation

	Reykjavik	Singapore
Gasoline (1 gallon)	$8.50 ISK1,188	$8.18 SGD11.21	-3.7%
Monthly public transit pass	$74.95 ISK10,477	$90.29 SGD123.71	+20.5%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,933,724	$135,434.68 SGD185,559.05	+219.0%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,362	$9.48 SGD12.99	-60.6%
Average			+43.8%

Reykjavik vs. Singapore - Cost of transportation

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pay 31.6% more for housing

	Reykjavik	Singapore
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,766	$36.16 SGD49.54	-48.2%
1-Bedroom apartment in downtown area	$1,971.17 ISK275,530	$2,745.11 SGD3,761.08	+39.3%
1-Bedroom apartment outside city center	$1,803.44 ISK252,085	$1,988.78 SGD2,724.82	+10.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,542	$121.43 SGD166.38	+125.1%
Average			+31.6%

Reykjavik vs. Singapore - Cost of housing

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pay 4.6 times more for childcare

	Reykjavik	Singapore
Private preschool for 1 child, monthly	$252.14 ISK35,244	$1,189.74 SGD1,630.07	+371.9%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$27,370.99 SGD37,501.00	+356.6%
Average			+364.2%

Reykjavik vs. Singapore - Cost of childcare

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pay 3.8% less for entertainment and sports

	Reykjavik	Singapore
Domestic/local beer (1 pint)	$10.81 ISK1,511	$6.73 SGD9.23	-37.7%
Cappuccino in mid-range area	$5.31 ISK742	$4.71 SGD6.45	-11.2%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,712	$12.64 SGD17.32	+3.2%
Monthly membership at local gym	$69.95 ISK9,777	$105.20 SGD144.13	+50.4%
Movie ticket to theater/cinema	$14.77 ISK2,065	$11.29 SGD15.46	-23.6%
Average			-3.8%

Reykjavik vs. Singapore - Cost of entertainment and sports

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pay 32.2% less for clothing

	Reykjavik	Singapore
Regular jeans Levi's brand	$108.97 ISK15,232	$66.32 SGD90.86	-39.1%
Regular dress from H&M or similar store	$49.72 ISK6,950	$44.36 SGD60.78	-10.8%
Running shoes Nike or Adidas	$151.85 ISK21,226	$96.71 SGD132.50	-36.3%
Men's business shoes (leather)	$194.16 ISK27,139	$111.62 SGD152.93	-42.5%
Average			-32.2%

Reykjavik vs. Singapore - 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: January 2025

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