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:

pay 95.6% more for restaurants

 
Singapore
Keflavik
Basic meal with drink at inexpensive restaurant $10.16
SGD13.12
$20.00
ISK2,545
Fast food combo meal
McDonalds, or similar
$7.52
SGD9.71
$15.10
ISK1,921
Bottle of Coca-Cola (11 fl. oz) $1.52
SGD1.96
$2.88
ISK367

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pay 3.2% more for groceries

 
Singapore
Keflavik
Bread
1 loaf
$2.11
SGD2.72
$3.61
ISK459
Local cheese (8 oz) $8.41
SGD10.87
$7.76
ISK987
Milk (1 gallon) $10.38
SGD13.41
$6.40
ISK815

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pay 19.4% more for transportation

 
Singapore
Keflavik
Gasoline (1 gallon) $8.18
SGD10.57
$8.49
ISK1,080
Monthly public transit pass $90.29
SGD116.58
$80.36
ISK10,226
New Volkswagen Golf 1.4 (standard edition) $135,434.68
SGD174,867.30
$42,450.45
ISK5,401,820

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pay 24.4% less for housing

 
Singapore
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$36.16
SGD46.69
$64.86
ISK8,254
1-Bedroom apartment in downtown area $2,745.11
SGD3,544.37
$1,345.35
ISK171,195
1-Bedroom apartment outside city center $1,988.78
SGD2,567.82
$960.96
ISK122,282

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pay 78.4% less for childcare

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

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pay 10.7% less for entertainment and sports

 
Singapore
Keflavik
Domestic/local beer (1 pint) $6.73
SGD8.69
$7.57
ISK963
Cappuccino in mid-range area $4.71
SGD6.08
$3.57
ISK454
Pack of cigarettes
Marlboro or similar
$12.64
SGD16.32
$10.77
ISK1,371

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pay 46.0% more for clothing

 
Singapore
Keflavik
Regular jeans
Levi's brand
$66.32
SGD85.63
$108.97
ISK13,867
Regular dress
from H&M or similar store
$44.36
SGD57.28
$49.72
ISK6,327
Running shoes
Nike or Adidas
$96.71
SGD124.86
$151.85
ISK19,323

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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: June 2025
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