Cost of living comparison

compared to

Reykjavik vs. Singapore Cost of Living Summary

Reykjavik is 22.7% more expensive than Singapore overall.

Restaurants: pay 2.1 times more in Reykjavik
Groceries: pay 21.4% more in Reykjavik
Transportation: pay 18.0% more in Reykjavik
Childcare: pay 78.4% less in Reykjavik
Entertainment and Sports: pay 13.5% more in Reykjavik
Clothing: pay 51.8% more in Reykjavik

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

Reykjavik vs. Singapore Cost Breakdown

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

Display currency: USD

pay 2.1 times more for restaurants

	Singapore	Reykjavik
Basic meal with drink at inexpensive restaurant	$10.16 SGD13.92	$20.00 ISK2,796	+96.9%
Fast food combo meal McDonalds, or similar	$7.52 SGD10.31	$18.02 ISK2,519	+139.5%
Bottle of Coca-Cola (11 fl. oz)	$1.52 SGD2.08	$3.15 ISK441	+107.5%
Bottle of water (11 fl. oz)	$1.12 SGD1.53	$2.19 ISK305	+95.2%
Average			+109.8%

Singapore vs. Reykjavik - Cost of restaurants

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pay 21.4% more for groceries

	Singapore	Reykjavik
Bread 1 loaf	$2.11 SGD2.89	$3.61 ISK505	+71.5%
Local cheese (8 oz)	$8.41 SGD11.53	$7.76 ISK1,084	-7.8%
Milk (1 gallon)	$10.38 SGD14.23	$6.40 ISK895	-38.3%
Eggs 1 dozen	$3.30 SGD4.52	$5.76 ISK805	+74.4%
Boneless chicken breast (1 lb)	$4.50 SGD6.16	$9.45 ISK1,321	+110.1%
Apples (1 lb)	$1.80 SGD2.47	$1.40 ISK196	-22.2%
Bananas (1 lb)	$1.36 SGD1.86	$1.01 ISK141	-25.7%
Oranges (1 lb)	$1.80 SGD2.47	$1.22 ISK170	-32.3%
Tomatoes (1 lb)	$1.27 SGD1.73	$2.22 ISK311	+75.8%
Potatoes (1 lb)	$1.02 SGD1.40	$1.43 ISK201	+40.4%
Onions (1 lb)	$1.04 SGD1.42	$0.93 ISK131	-10.0%
Average			+21.4%

Singapore vs. Reykjavik - Cost of groceries

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pay 18.0% more for transportation

	Singapore	Reykjavik
Gasoline (1 gallon)	$8.18 SGD11.21	$8.50 ISK1,188	+3.9%
Monthly public transit pass	$90.29 SGD123.71	$74.95 ISK10,477	-17.0%
New Volkswagen Golf 1.4 (standard edition)	$135,434.68 SGD185,559.05	$42,450.45 ISK5,933,724	-68.7%
Taxi trip in downtown area (5 miles)	$9.48 SGD12.99	$24.05 ISK3,362	+153.7%
Average			+18.0%

Singapore vs. Reykjavik - Cost of transportation

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pay (unknown) more for housing

	Singapore	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$36.16 SGD49.54	$69.87 ISK9,766	+93.2%
1-Bedroom apartment in downtown area	$2,745.11 SGD3,761.08	$1,971.17 ISK275,530	-28.2%
1-Bedroom apartment outside city center	$1,988.78 SGD2,724.82	$1,803.44 ISK252,085	-9.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$121.43 SGD166.38	$53.95 ISK7,542	-55.6%

Singapore vs. Reykjavik - Cost of housing

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pay 78.4% less for childcare

	Singapore	Reykjavik
Private preschool for 1 child, monthly	$1,189.74 SGD1,630.07	$252.14 ISK35,244	-78.8%
Middle school for 1 child, two semesters	$27,370.99 SGD37,501.00	$5,993.99 ISK837,840	-78.1%
Average			-78.4%

Singapore vs. Reykjavik - Cost of childcare

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pay 13.5% more for entertainment and sports

	Singapore	Reykjavik
Domestic/local beer (1 pint)	$6.73 SGD9.23	$10.81 ISK1,511	+60.5%
Cappuccino in mid-range area	$4.71 SGD6.45	$5.31 ISK742	+12.6%
Pack of cigarettes Marlboro or similar	$12.64 SGD17.32	$12.25 ISK1,712	-3.1%
Monthly membership at local gym	$105.20 SGD144.13	$69.95 ISK9,777	-33.5%
Movie ticket to theater/cinema	$11.29 SGD15.46	$14.77 ISK2,065	+30.9%
Average			+13.5%

Singapore vs. Reykjavik - Cost of entertainment and sports

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pay 51.8% more for clothing

	Singapore	Reykjavik
Regular jeans Levi's brand	$66.32 SGD90.86	$108.97 ISK15,232	+64.3%
Regular dress from H&M or similar store	$44.36 SGD60.78	$49.72 ISK6,950	+12.1%
Running shoes Nike or Adidas	$96.71 SGD132.50	$151.85 ISK21,226	+57.0%
Men's business shoes (leather)	$111.62 SGD152.93	$194.16 ISK27,139	+73.9%
Average			+51.8%

Singapore vs. Reykjavik - 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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