Cost of living comparison

 Scottsdale (AZ), United States
compared to
 Reykjavik, Iceland
Reykjavik vs. Scottsdale Cost of Living Summary

Reykjavik is 26.1% more expensive than Scottsdale.

Restaurants
pay 30.1% more in Reykjavik
Groceries
pay 28.5% more in Reykjavik
Transportation
pay 78.6% more in Reykjavik
Housing
pay 17.5% less in Reykjavik
Childcare
pay 60.0% less in Reykjavik
Entertainment and Sports
pay 52.7% more in Reykjavik
Clothing
pay 70.4% more in Reykjavik

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

Reykjavik vs. Scottsdale Cost Breakdown

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

pay 30.1% more for restaurants

 
Scottsdale
Reykjavik
Basic meal with drink at inexpensive restaurant $20.00
 
$20.00
ISK2,436
Fast food combo meal
McDonalds, or similar
$10.50
 
$18.02
ISK2,195
Bottle of Coca-Cola (11 fl. oz) $2.71
 
$3.15
ISK384

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pay 28.5% more for groceries

 
Scottsdale
Reykjavik
Bread
1 loaf
$3.71
 
$3.61
ISK440
Local cheese (8 oz) $5.37
 
$7.76
ISK945
Milk (1 gallon) $3.48
 
$6.40
ISK780

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pay 78.6% more for transportation

 
Scottsdale
Reykjavik
Gasoline (1 gallon) $3.82
 
$8.50
ISK1,036
Monthly public transit pass $43.00
 
$74.95
ISK9,130
New Volkswagen Golf 1.4 (standard edition) $30,000.00
 
$42,450.45
ISK5,170,889

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pay 17.5% less for housing

 
Scottsdale
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$76.55
 
$69.87
ISK8,510
1-Bedroom apartment in downtown area $1,883.33
 
$1,971.17
ISK240,108
1-Bedroom apartment outside city center $1,710.00
 
$1,803.44
ISK219,677

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pay 60.0% less for childcare

 
Scottsdale
Reykjavik
Private preschool for 1 child, monthly $1,125.00
 
$252.14
ISK30,713
Middle school for 1 child, two semesters $10,400.00
 
$5,993.99
ISK730,128

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pay 52.7% more for entertainment and sports

 
Scottsdale
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,317
Cappuccino in mid-range area $5.43
 
$5.31
ISK646
Pack of cigarettes
Marlboro or similar
$9.50
 
$12.25
ISK1,492

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pay 70.4% more for clothing

 
Scottsdale
Reykjavik
Regular jeans
Levi's brand
$48.33
 
$108.97
ISK13,274
Regular dress
from H&M or similar store
$45.00
 
$49.72
ISK6,056
Running shoes
Nike or Adidas
$87.38
 
$151.85
ISK18,497

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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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