Cost of living comparison

Singapore, Singapore

compared to

Keflavik, Iceland

Keflavik vs. Singapore Cost of Living Summary

Keflavik is 7.2% more expensive than Singapore.

Restaurants: pay 95.6% more in Keflavik
Groceries: pay 3.2% more in Keflavik
Transportation: pay 19.4% more in Keflavik
Housing: pay 24.4% less in Keflavik
Childcare: pay 78.4% less in Keflavik
Entertainment and Sports: pay 10.7% less in Keflavik
Clothing: pay 46.0% more in Keflavik

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

Keflavik vs. Singapore Cost Breakdown

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

Display currency: USD

pay 95.6% more for restaurants

	Singapore	Keflavik
Basic meal with drink at inexpensive restaurant	$10.16 SGD13.12	$20.00 ISK2,545	+96.9%
Fast food combo meal McDonalds, or similar	$7.52 SGD9.71	$15.10 ISK1,921	+100.7%
Bottle of Coca-Cola (11 fl. oz)	$1.52 SGD1.96	$2.88 ISK367	+89.7%
Bottle of water (11 fl. oz)	$1.12 SGD1.45	$2.19 ISK278	+95.2%
Average			+95.6%

Singapore vs. Keflavik - Cost of restaurants

Improve prices · Change currency (USD)

pay 3.2% more for groceries

	Singapore	Keflavik
Bread 1 loaf	$2.11 SGD2.72	$3.61 ISK459	+71.5%
Local cheese (8 oz)	$8.41 SGD10.87	$7.76 ISK987	-7.8%
Milk (1 gallon)	$10.38 SGD13.41	$6.40 ISK815	-38.3%
Eggs 1 dozen	$3.30 SGD4.26	$5.40 ISK687	+63.7%
Boneless chicken breast (1 lb)	$4.50 SGD5.81	$8.60 ISK1,094	+91.2%
Apples (1 lb)	$1.80 SGD2.33	$0.92 ISK116	-49.2%
Bananas (1 lb)	$1.36 SGD1.75	$0.92 ISK116	-32.6%
Oranges (1 lb)	$1.80 SGD2.32	$0.98 ISK125	-45.5%
Tomatoes (1 lb)	$1.27 SGD1.63	$1.50 ISK191	+18.8%
Potatoes (1 lb)	$1.02 SGD1.32	$1.08 ISK137	+5.6%
Onions (1 lb)	$1.04 SGD1.34	$0.60 ISK77	-42.0%
Average			+3.2%

Singapore vs. Keflavik - Cost of groceries

Improve prices · Change currency (USD)

pay 19.4% more for transportation

	Singapore	Keflavik
Gasoline (1 gallon)	$8.18 SGD10.57	$8.49 ISK1,080	+3.7%
Monthly public transit pass	$90.29 SGD116.58	$80.36 ISK10,226	-11.0%
New Volkswagen Golf 1.4 (standard edition)	$135,434.68 SGD174,867.30	$42,450.45 ISK5,401,820	-68.7%
Taxi trip in downtown area (5 miles)	$9.48 SGD12.24	$24.05 ISK3,060	+153.7%
Average			+19.4%

Singapore vs. Keflavik - Cost of transportation

Improve prices · Change currency (USD)

pay 24.4% less for housing

	Singapore	Keflavik
Internet connection 50 mbps or faster, cable/dsl	$36.16 SGD46.69	$64.86 ISK8,254	+79.4%
1-Bedroom apartment in downtown area	$2,745.11 SGD3,544.37	$1,345.35 ISK171,195	-51.0%
1-Bedroom apartment outside city center	$1,988.78 SGD2,567.82	$960.96 ISK122,282	-51.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$121.43 SGD156.79	$31.23 ISK3,974	-74.3%
Average			-24.4%

Singapore vs. Keflavik - Cost of housing

Improve prices · Change currency (USD)

pay 78.4% less for childcare

	Singapore	Keflavik
Private preschool for 1 child, monthly	$1,189.74 SGD1,536.14	$252.14 ISK32,085	-78.8%
Middle school for 1 child, two semesters	$27,370.99 SGD35,340.22	$5,993.99 ISK762,736	-78.1%
Average			-78.4%

Singapore vs. Keflavik - Cost of childcare

Improve prices · Change currency (USD)

pay 10.7% less for entertainment and sports

	Singapore	Keflavik
Domestic/local beer (1 pint)	$6.73 SGD8.69	$7.57 ISK963	+12.4%
Cappuccino in mid-range area	$4.71 SGD6.08	$3.57 ISK454	-24.2%
Pack of cigarettes Marlboro or similar	$12.64 SGD16.32	$10.77 ISK1,371	-14.8%
Monthly membership at local gym	$105.20 SGD135.83	$57.66 ISK7,337	-45.2%
Movie ticket to theater/cinema	$11.29 SGD14.57	$13.33 ISK1,697	+18.1%
Average			-10.7%

Singapore vs. Keflavik - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 46.0% more for clothing

	Singapore	Keflavik
Regular jeans Levi's brand	$66.32 SGD85.63	$108.97 ISK13,867	+64.3%
Regular dress from H&M or similar store	$44.36 SGD57.28	$49.72 ISK6,327	+12.1%
Running shoes Nike or Adidas	$96.71 SGD124.86	$151.85 ISK19,323	+57.0%
Men's business shoes (leather)	$111.62 SGD144.12	$168.17 ISK21,399	+50.7%
Average			+46.0%

Singapore vs. Keflavik - Cost of clothing

Improve prices · Change currency (USD)

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: June 2025

More cost comparisons

Singapore vs.

Dodoma

Singapore vs.

Phnom Penh

Singapore vs.

Ottawa

Singapore vs.

Ankara

Singapore vs.

Berlin

Singapore vs.

Prague

Singapore vs.

Vienna

Singapore vs.

Quito

Share this

Compare countries by overall cost of living

See the cost of living in Singapore vs. Iceland. This provides a comparison of the average cost of living from cities within Singapore and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Singapore

Add prices for Keflavik

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Keflavik or Singapore. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.