Cost of living comparison

compared to
Reykjavik vs. West New York Cost of Living Summary

Reykjavik is 25.1% more expensive than West New York.

Restaurants
pay 61.3% more in Reykjavik
Groceries
pay 24.2% more in Reykjavik
Transportation
pay 51.2% more in Reykjavik
Housing
pay 10.7% more in Reykjavik
Childcare
pay 75.7% less in Reykjavik
Entertainment and Sports
pay 40.7% more in Reykjavik
Clothing
pay 63.4% more in Reykjavik

The cost of clothing, restaurants, transportation, entertainment and sports, groceries, and housing in Reykjavik are more expensive than in West New York.

Reykjavik vs. West New York Cost Breakdown

If you lived in Reykjavik instead of West New York, you would:

pay 61.3% more for restaurants

 
West New York
Reykjavik
Basic meal with drink at inexpensive restaurant $15.00
 
$20.00
ISK2,825
Fast food combo meal
McDonalds, or similar
$10.00
 
$18.02
ISK2,545
Bottle of Coca-Cola (11 fl. oz) $2.37
 
$3.15
ISK445

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pay 24.2% more for groceries

 
West New York
Reykjavik
Bread
1 loaf
$4.08
 
$3.61
ISK510
Local cheese (8 oz) $3.31
 
$7.76
ISK1,096
Milk (1 gallon) $4.19
 
$6.40
ISK905

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pay 51.2% more for transportation

 
West New York
Reykjavik
Gasoline (1 gallon) $3.07
 
$8.50
ISK1,201
Monthly public transit pass $125.00
 
$74.95
ISK10,587
New Volkswagen Golf 1.4 (standard edition) $36,344.69
 
$42,450.45
ISK5,995,702

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pay 10.7% more for housing

 
West New York
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$50.00
 
$69.87
ISK9,868
1-Bedroom apartment in downtown area $1,800.00
 
$1,971.17
ISK278,408
1-Bedroom apartment outside city center ?? $1,803.44
ISK254,718

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pay 75.7% less for childcare

 
West New York
Reykjavik
Private preschool for 1 child, monthly $1,750.00
 
$252.14
ISK35,612
Middle school for 1 child, two semesters $17,500.00
 
$5,993.99
ISK846,592

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pay 40.7% more for entertainment and sports

 
West New York
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$10.81
ISK1,527
Cappuccino in mid-range area $5.00
 
$5.31
ISK749
Pack of cigarettes
Marlboro or similar
$12.00
 
$12.25
ISK1,729

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pay 63.4% more for clothing

 
West New York
Reykjavik
Regular jeans
Levi's brand
$50.00
 
$108.97
ISK15,391
Regular dress
from H&M or similar store
$80.00
 
$49.72
ISK7,023
Running shoes
Nike or Adidas
$86.67
 
$151.85
ISK21,448

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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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