Cost of Living Comparison · 2026

🇺🇸 New York vs 🇮🇸 Reykjavik

2026

Reykjavik is 1.3% cheaper
Category 🇺🇸 New York 🇮🇸 Reykjavik Difference
Cost of Living 100.0 98.7 -1.3%
Rent 100.0 47.3 -52.7%
Groceries 100.0 106.1 +6.1%
Restaurants 100.0 107.5 +7.5%
Purchasing Power 100.0 113.5 +13.5%
Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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