Cost of living comparison

 Vienna, Austria
compared to
 Keflavik, Iceland
Keflavik vs. Vienna Cost of Living Summary

Keflavik is 13.1% more expensive than Vienna.

Restaurants
pay 15.6% more in Keflavik
Groceries
pay 0.7% less in Keflavik
Transportation
pay 52.0% more in Keflavik
Housing
pay 7.7% more in Keflavik
Childcare
pay 34.8% less in Keflavik
Entertainment and Sports
pay 23.2% more in Keflavik
Clothing
pay 28.4% more in Keflavik

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

Keflavik vs. Vienna Cost Breakdown

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

pay 15.6% more for restaurants

 
Vienna
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) $2.77
€2.35
$2.88
ISK349

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pay 0.7% less for groceries

 
Vienna
Keflavik
Bread
1 loaf
$2.91
€2.47
$3.61
ISK437
Local cheese (8 oz) $8.18
€6.95
$7.76
ISK938
Milk (1 gallon) $5.99
€5.09
$6.40
ISK774

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pay 52.0% more for transportation

 
Vienna
Keflavik
Gasoline (1 gallon) $6.58
€5.58
$8.49
ISK1,027
Monthly public transit pass $41.80
€35.49
$80.36
ISK9,718
New Volkswagen Golf 1.4 (standard edition) $27,753.31
€23,562.33
$42,450.45
ISK5,133,533

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pay 7.7% more for housing

 
Vienna
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$36.56
€31.04
$64.86
ISK7,844
1-Bedroom apartment in downtown area $1,107.49
€940.25
$1,345.35
ISK162,693
1-Bedroom apartment outside city center $808.26
€686.20
$960.96
ISK116,209

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pay 34.8% less for childcare

 
Vienna
Keflavik
Private preschool for 1 child, monthly $273.73
€232.39
$252.14
ISK30,491
Middle school for 1 child, two semesters $15,621.84
€13,262.82
$5,993.99
ISK724,854

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pay 23.2% more for entertainment and sports

 
Vienna
Keflavik
Domestic/local beer (1 pint) $5.36
€4.55
$7.57
ISK915
Cappuccino in mid-range area $4.21
€3.58
$3.57
ISK431
Pack of cigarettes
Marlboro or similar
$6.75
€5.73
$10.77
ISK1,303

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pay 28.4% more for clothing

 
Vienna
Keflavik
Regular jeans
Levi's brand
$104.52
€88.73
$108.97
ISK13,178
Regular dress
from H&M or similar store
$43.69
€37.10
$49.72
ISK6,013
Running shoes
Nike or Adidas
$95.42
€81.01
$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 Austria vs. Iceland. This provides a comparison of the average cost of living from cities within Austria and Iceland.

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