Cost of living comparison

 Washington (DC), United States
compared to
 Keflavik, Iceland
Keflavik vs. Washington Cost of Living Summary

Keflavik is 15.2% cheaper than Washington.

Restaurants
pay 2.0% more in Keflavik
Groceries
pay 13.7% less in Keflavik
Transportation
pay 39.7% more in Keflavik
Housing
pay 45.4% less in Keflavik
Childcare
pay 86.6% less in Keflavik
Entertainment and Sports
pay 23.5% less in Keflavik
Clothing
pay 20.8% more in Keflavik

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

Keflavik vs. Washington Cost Breakdown

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

pay 2.0% more for restaurants

 
Washington
Keflavik
Basic meal with drink at inexpensive restaurant $25.00
 
$20.00
ISK2,545
Fast food combo meal
McDonalds, or similar
$12.00
 
$15.10
ISK1,921
Bottle of Coca-Cola (11 fl. oz) $2.78
 
$2.88
ISK367

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pay 13.7% less for groceries

 
Washington
Keflavik
Bread
1 loaf
$4.34
 
$3.61
ISK459
Local cheese (8 oz) $7.84
 
$7.76
ISK987
Milk (1 gallon) $4.14
 
$6.40
ISK815

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pay 39.7% more for transportation

 
Washington
Keflavik
Gasoline (1 gallon) $3.66
 
$8.49
ISK1,080
Monthly public transit pass $75.00
 
$80.36
ISK10,226
New Volkswagen Golf 1.4 (standard edition) $35,699.74
 
$42,450.45
ISK5,401,820

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pay 45.4% less for housing

 
Washington
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$66.46
 
$64.86
ISK8,254
1-Bedroom apartment in downtown area $2,582.95
 
$1,345.35
ISK171,195
1-Bedroom apartment outside city center $2,028.70
 
$960.96
ISK122,282

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pay 86.6% less for childcare

 
Washington
Keflavik
Private preschool for 1 child, monthly $2,273.25
 
$252.14
ISK32,085
Middle school for 1 child, two semesters $38,250.00
 
$5,993.99
ISK762,736

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pay 23.5% less for entertainment and sports

 
Washington
Keflavik
Domestic/local beer (1 pint) $8.00
 
$7.57
ISK963
Cappuccino in mid-range area $5.55
 
$3.57
ISK454
Pack of cigarettes
Marlboro or similar
$11.75
 
$10.77
ISK1,371

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pay 20.8% more for clothing

 
Washington
Keflavik
Regular jeans
Levi's brand
$74.13
 
$108.97
ISK13,867
Regular dress
from H&M or similar store
$50.77
 
$49.72
ISK6,327
Running shoes
Nike or Adidas
$105.47
 
$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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