Cost of living in Reykjavik (Iceland) is 32% more expensive than in Fort Worth, Texas (United States)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 253 prices entered by 33 different people.
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Currency:
Food | + 53% | |||
---|---|---|---|---|
Food in Reykjavik (Iceland) is 53% more expensive than in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 3,482 kr ($25) | $20 | + 25% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,721 kr ($20) | $9 | + 114% | |
500 gr (1 lb.) of boneless chicken breast | 1,217 kr ($9) | $3.98 | + 123% | |
1 liter (1 qt.) of whole fat milk | 219 kr ($1.59) | $0.94 | + 69% | |
12 eggs, large | 857 kr ($6) | $3.58 | + 75% | |
1 kg (2 lb.) of tomatoes | 625 kr ($4.56) | $3.36 | + 36% | |
500 gr (16 oz.) of local cheese | 1,184 kr ($9) | $5.73 | + 51% | |
1 kg (2 lb.) of apples | 313 kr ($2.28) | $3.55 | - 36% | |
1 kg (2 lb.) of potatoes | 400 kr ($2.91) | $1.28 | + 127% | |
0.5 l (16 oz) domestic beer in the supermarket | 466 kr ($3.40) | $2.87 | + 18% | |
1 bottle of red table wine, good quality | 3,894 kr ($28) | $15 | + 84% | |
2 liters of coca-cola | 314 kr ($2.29) | $2.40 | - 5% | |
Bread for 2 people for 1 day | 390 kr ($2.84) | $1.62 | + 76% | |
Housing | + 20% | |||
Housing in Reykjavik (Iceland) is 20% more expensive than in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 323,623 kr ($2,360) | $2,155 | + 9% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 273,393 kr ($1,994) | $1,345 | + 48% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 19,861 kr ($145) | $288 | - 50% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 224,920 kr ($1,640) | $1,321 | + 24% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 163,338 kr ($1,191) | $860 | + 39% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,214 kr ($147) | $150 | - 2% | |
Internet 8 mbps (1 month) | 7,060 kr ($51) | $52 | - 2% | |
40” flat screen tv | 91,003 kr ($664) | $301 | + 120% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 28,156 kr ($205) | $134 | + 53% | |
Laundry detergent (3 l. ~ 100 oz.) | 2,012 kr ($15) | $10 | + 43% | |
Hourly rate for cleaning help | 5,653 kr ($41) | $18 | + 125% | |
Clothes | + 59% | |||
Clothes in Reykjavik (Iceland) is 59% more expensive than in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
1 pair of jeans (levis 501 or similar) | 16,877 kr ($123) | $48 | + 156% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 9,202 kr ($67) | $55 | + 22% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,198 kr ($191) | $92 | + 107% | |
1 pair of men’s leather business shoes | 31,450 kr ($229) | $152 | + 51% | |
Transportation | + 53% | |||
Transportation in Reykjavik (Iceland) is 53% more expensive than in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,490,880 kr ($40,039) | $25,634 | + 56% | |
1 liter (1/4 gallon) of gas | 313 kr ($2.28) | $0.92 | + 148% | |
Monthly ticket public transport | 9,768 kr ($71) | $65 | + 10% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 8,618 kr ($63) | $14 | + 354% | |
Personal Care | + 1% | |||
Personal Care in Reykjavik (Iceland) is about the same as in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,482 kr ($11) | $7 | + 48% | |
1 box of antibiotics (12 doses) | 2,067 kr ($15) | $29 | - 48% | |
Short visit to private doctor (15 minutes) | 10,216 kr ($74) | $98 | - 24% | |
1 box of 32 tampons (tampax, ob, ...) | 687 kr ($5.01) | $7 | - 24% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 679 kr ($4.95) | $3.23 | + 53% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 775 kr ($5.65) | $5.06 | + 12% | |
4 rolls of toilet paper | 655 kr ($4.77) | $4.33 | + 10% | |
Tube of toothpaste | 424 kr ($3.10) | $1.79 | + 73% | |
Standard men's haircut in expat area of the city | 5,964 kr ($43) | $19 | + 125% | |
Entertainment | + 10% | |||
Entertainment in Reykjavik (Iceland) is 10% more expensive than in Fort Worth, Texas (United States) | ||||
Update prices | Update prices | |||
Reykjavik | Fort Worth, Texas | Diff | ||
Basic dinner out for two in neighborhood pub | 8,816 kr ($64) | $49 | + 31% | |
2 tickets to the movies | 3,314 kr ($24) | $25 | - 4% | |
2 tickets to the theater (best available seats) | 13,356 kr ($97) | $121 | - 19% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 19,517 kr ($142) | $81 | + 75% | |
1 cocktail drink in downtown club | 2,619 kr ($19) | $12 | + 63% | |
Cappuccino in expat area of the city | 669 kr ($4.88) | $8 | - 38% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,342 kr ($10) | $5.40 | + 81% | |
Ipad wi-fi 128gb | 106,076 kr ($773) | $416 | + 86% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 57 kr ($0.42) | $0.75 | - 45% | |
1 month of gym membership in business district | 9,862 kr ($72) | $41 | + 75% | |
1 package of marlboro cigarettes | 1,684 kr ($12) | $8 | + 56% | |
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TOTAL | + 32% |

These prices were last updated on September 29, 2023.
Exchange rate:
0.00729
USD
/
ISK
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For example, you would need at least $8,726 (1,196,690 kr) in Reykjavik to maintain the same standard of living that you can have with $6,600 in Fort Worth, Texas.
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