Cost of living comparison

compared to

Winston-salem vs. Reykjavik Cost of Living Summary

Winston-salem is 36.7% more expensive than Reykjavik.

Restaurants: pay 29.9% less in Winston-salem
Groceries: pay 9.5% more in Winston-salem
Transportation: pay 33.2% less in Winston-salem
Housing: pay 23.8% more in Winston-salem
Childcare: pay 4.8 times more in Winston-salem
Entertainment and Sports: pay 36.9% less in Winston-salem
Clothing: pay 52.5% less in Winston-salem

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

Winston-salem vs. Reykjavik Cost Breakdown

If you lived in Winston-salem instead of Reykjavik, you would:

Display currency: USD

pay 29.9% less for restaurants

	Reykjavik	Winston-salem
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,796	$20.00
Fast food combo meal McDonalds, or similar	$18.02 ISK2,519	$10.00	-44.5%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK441	$2.50	-20.7%
Bottle of water (11 fl. oz)	$2.19 ISK305	$1.65	-24.6%
Average			-29.9%

Reykjavik vs. Winston-salem - Cost of restaurants

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pay 9.5% more for groceries

	Reykjavik	Winston-salem
Bread 1 loaf	$3.61 ISK505	$3.31	-8.4%
Local cheese (8 oz)	$7.76 ISK1,084	$6.61	-14.7%
Milk (1 gallon)	$6.40 ISK895	$3.27	-48.9%
Eggs 1 dozen	$5.76 ISK805	$3.92	-32.0%
Boneless chicken breast (1 lb)	$9.45 ISK1,321	$5.67	-39.9%
Apples (1 lb)	$1.40 ISK196	$2.81	+100.5%
Bananas (1 lb)	$1.01 ISK141	$0.77	-23.8%
Oranges (1 lb)	$1.22 ISK170	$2.67	+119.0%
Tomatoes (1 lb)	$2.22 ISK311	$2.46	+10.4%
Potatoes (1 lb)	$1.43 ISK201	$1.39	-3.4%
Onions (1 lb)	$0.93 ISK131	$1.36	+45.4%
Average			+9.5%

Reykjavik vs. Winston-salem - Cost of groceries

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pay 33.2% less for transportation

	Reykjavik	Winston-salem
Gasoline (1 gallon)	$8.50 ISK1,188	$3.16	-62.8%
Monthly public transit pass	$74.95 ISK10,477	$65.00	-13.3%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,933,724	$32,344.69	-23.8%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,362	$16.17	-32.8%
Average			-33.2%

Reykjavik vs. Winston-salem - Cost of transportation

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pay 23.8% more for housing

	Reykjavik	Winston-salem
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,766	$80.84	+15.7%
1-Bedroom apartment in downtown area	$1,971.17 ISK275,530	$1,490.00	-24.4%
1-Bedroom apartment outside city center	$1,803.44 ISK252,085	$1,076.00	-40.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,542	$131.70	+144.1%
Average			+23.8%

Reykjavik vs. Winston-salem - Cost of housing

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pay 4.8 times more for childcare

	Reykjavik	Winston-salem
Private preschool for 1 child, monthly	$252.14 ISK35,244	$1,471.67	+483.7%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$22,111.00	+268.9%
Average			+376.3%

Reykjavik vs. Winston-salem - Cost of childcare

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pay 36.9% less for entertainment and sports

	Reykjavik	Winston-salem
Domestic/local beer (1 pint)	$10.81 ISK1,511	$6.00	-44.5%
Cappuccino in mid-range area	$5.31 ISK742	$5.20	-2.0%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,712	$6.00	-51.0%
Monthly membership at local gym	$69.95 ISK9,777	$17.50	-75.0%
Movie ticket to theater/cinema	$14.77 ISK2,065	$13.00	-12.0%
Average			-36.9%

Reykjavik vs. Winston-salem - Cost of entertainment and sports

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pay 52.5% less for clothing

	Reykjavik	Winston-salem
Regular jeans Levi's brand	$108.97 ISK15,232	$46.25	-57.6%
Regular dress from H&M or similar store	$49.72 ISK6,950	$22.33	-55.1%
Running shoes Nike or Adidas	$151.85 ISK21,226	$67.00	-55.9%
Men's business shoes (leather)	$194.16 ISK27,139	$113.33	-41.6%
Average			-52.5%

Reykjavik vs. Winston-salem - 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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