Cost of Living Comparison Between Palo Alto, CA and Keflavik Cost of Living Comparison Between Palo Alto, CA and Keflavik

😐 Solo nomad: Palo Alto, CA is 1.4% more expensive than Keflavik without rent, and 71.1% more expensive with rent.

😐 Family of 3: Palo Alto, CA is 4.1% more expensive than Keflavik without rent, and 62.6% more expensive with rent.

Meal at Budget Restaurant

$24.92 $24.92

$24.08 ISK 3,004

3.49%

Three-Course Dinner for Two, Mid-Range

$111 $111

$144 ISK 18K

-22.61%

Fast Food Meal (McDonalds, etc)

$11.34 $11.34

$20.26 ISK 2,528

-44.03%

Cappuccino

$5.74 $5.74

$4.01 ISK 500

43.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.24 $3.24

$3.14 ISK 391

3.18%

Water (0.33 liter bottle)

$2.54 $2.54

$2.61 ISK 326

-2.68%

Local Beer (0.5 liter draught)

$8.14 $8.14

$7.94 ISK 990

2.52%

Imported Beer (0.33 liter bottle)

$10.03 $10.03

$8.01 ISK 1,000

25.22%

Milk (1 liter)

$1.47 $1.47

$1.88 ISK 234

-21.81%

White Bread (500g)

$4.99 $4.99

$4.31 ISK 537

15.78%

Rice (white) (1kg)

$3.19 $3.19

$2.37 ISK 296

34.60%

Eggs

$6.16 $6.16

$6.12 ISK 764

0.65%

Local Cheese (1kg)

$21.55 $21.55

$18.3 ISK 2,283

17.76%

Chicken Fillets (1kg)

$14.78 $14.78

$23.39 ISK 2,917

-36.81%

Beef Round Steak (1kg)

$22.82 $22.82

$41.94 ISK 5,232

-45.59%

Apples (1kg)

$6.95 $6.95

$2.45 ISK 306

183.67%

Banana (1kg)

$2.56 $2.56

$2.48 ISK 309

3.23%

Oranges (1kg)

$4.84 $4.84

$2.44 ISK 305

98.36%

Tomato (1kg)

$6.75 $6.75

$3.94 ISK 491

71.32%

Potato (1kg)

$3.89 $3.89

$3.15 ISK 393

23.49%

Onion (1kg)

$4.37 $4.37

$2.06 ISK 257

112.14%

Lettuce (1 head)

$2.9 $2.9

$3.17 ISK 396

-8.52%

Water (1.5 liter bottle)

$2.86 $2.86

$1.91 ISK 239

49.74%

Cigarettes 20 Pack (Marlboro, Camel)

$11.11 $11.11

$13.46 ISK 1,680

-17.46%

Wine (Bottle)

$18.33 $18.33

$16.37 ISK 2,042

11.97%

Local Beer (0.5 liter bottle)

$2.27 $2.27

$3.64 ISK 454

-37.64%

Imported Beer (0.33 liter bottle)

$3.35 $3.35

$2.77 ISK 346

20.94%

One-way Ticket (Public Transport)

$2.55 $2.55

$3.7 ISK 461

-31.08%

Public Transport Monthly Pass (Regular Price)

$89.6 $89.6

$74.4 ISK 9,282

20.41%

Taxi Start (Normal Tariff)

$4.11 $4.11

$6.28 ISK 783

-34.55%

Taxi (Normal Tariff) (1km)

$1.89 $1.89

$2.36 ISK 294

-19.92%

Taxi 1hour Waiting (Normal Tariff)

$30.51 $30.51

$87.6 ISK 10.9K

-65.18%

Gasoline (1 liter)

$1.27 $1.27

$2.48 ISK 310

-48.79%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.7K $29.7K

$47.5K ISK 5.9M

-37.56%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.6K $26.6K

$52.5K ISK 6.6M

-49.37%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$225 $225

$86.6 ISK 10.8K

159.50%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$47.97 $47.97

$27.89 ISK 3,479

72.00%

Internet (50+ Mbps, Unlimited Data)

$68.6 $68.6

$84.8 ISK 10.6K

-19.14%

Gym Membership (Monthly)

$120 $120

Tennis Court (1 Hour on Weekend)

$19.88 $19.88

Cinema Ticket

$15.78 $15.78

$17.59 ISK 2,194

-10.29%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,710 $2,710

$326 ISK 40.7K

730.73%

International Primary School, 1 Child (Yearly)

$45.7K $45.7K

$29.7K ISK 3.7M

53.63%

Jeans (Levis 501 Or Similar)

$53.2 $53.2

$138 ISK 17.2K

-61.41%

Summer Dress (H&M, Zara, etc)

$44.76 $44.76

$61.2 ISK 7,638

-26.89%

Sport Shoes (Adidas, Nike)

$89.3 $89.3

$186 ISK 23.2K

-51.91%

Men's Leather Business Shoes

$135 $135

$184 ISK 22.9K

-26.35%

1-bedroom Apartment, City Center (Monthly)

$3,473 $3,473

$1,854 ISK 231.3K

87.32%

1-bedroom Apartment, Outside City Center (Monthly)

$3,227 $3,227

$1,347 ISK 168.1K

139.52%

3-bedroom Apartment, City Center (Monthly)

$5,889 $5,889

$2,480 ISK 309.4K

137.44%

3-bedroom Apartment, Outside City Center (Monthly)

$5,757 $5,757

$1,978 ISK 246.7K

191.08%

Buy Apartment in City Center (m2)

$2,539 $2,539

Buy Apartment Outside City Center (m2)

$2,123 $2,123

Average Monthly Net Salary (After Tax)

$10K $10K

$3,802 ISK 474.4K

163.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

9.63

-32.40%

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update for Palo Alto, CA: October 28, 2025

Last update for Keflavik: October 28, 2025

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