Cost of living comparison

 Rome, Italy
compared to
 Keflavik, Iceland
Keflavik vs. Rome Cost of Living Summary
Keflavik vs. Rome Cost Breakdown

If you lived in Keflavik instead of Rome, you would:

pay 47.2% more for restaurants

 
Rome
Keflavik
Basic meal with drink at inexpensive restaurant $16.08
€13.65
$20.00
ISK2,418
Fast food combo meal
McDonalds, or similar
$10.72
€9.10
$15.10
ISK1,826
Bottle of Coca-Cola (11 fl. oz) $2.23
€1.90
$2.88
ISK349

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pay 26.7% more for groceries

 
Rome
Keflavik
Bread
1 loaf
$1.78
€1.51
$3.61
ISK437
Local cheese (8 oz) $7.00
€5.94
$7.76
ISK938
Milk (1 gallon) $6.20
€5.26
$6.40
ISK774

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pay 57.9% more for transportation

 
Rome
Keflavik
Gasoline (1 gallon) $7.15
€6.07
$8.49
ISK1,027
Monthly public transit pass $37.51
€31.85
$80.36
ISK9,718
New Volkswagen Golf 1.4 (standard edition) $26,794.08
€22,747.96
$42,450.45
ISK5,133,533

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pay 19.7% more for housing

 
Rome
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$29.46
€25.01
$64.86
ISK7,844
1-Bedroom apartment in downtown area $1,180.31
€1,002.08
$1,345.35
ISK162,693
1-Bedroom apartment outside city center $763.10
€647.86
$960.96
ISK116,209

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pay 46.6% less for childcare

 
Rome
Keflavik
Private preschool for 1 child, monthly $508.83
€431.99
$252.14
ISK30,491
Middle school for 1 child, two semesters $10,490.67
€8,906.49
$5,993.99
ISK724,854

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pay 53.2% more for entertainment and sports

 
Rome
Keflavik
Domestic/local beer (1 pint) $5.36
€4.55
$7.57
ISK915
Cappuccino in mid-range area $1.53
€1.30
$3.57
ISK431
Pack of cigarettes
Marlboro or similar
$6.43
€5.46
$10.77
ISK1,303

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pay 72.4% more for clothing

 
Rome
Keflavik
Regular jeans
Levi's brand
$65.43
€55.55
$108.97
ISK13,178
Regular dress
from H&M or similar store
$30.74
€26.10
$49.72
ISK6,013
Running shoes
Nike or Adidas
$77.17
€65.51
$151.85
ISK18,364

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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: July 2025
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See the cost of living in Italy vs. Iceland. This provides a comparison of the average cost of living from cities within Italy and Iceland.

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