Cost of Living Comparison Between White Plains, NY and Keflavik Cost of Living Comparison Between White Plains, NY and Keflavik

Monthly Cost of Living

Monthly costs for one person with rent: $3,703 in White Plains, NY versus $2,985 in Keflavik.

Estimated couple costs with rent: $5,966 in White Plains, NY versus $4,595 in Keflavik.

Monthly costs for a family of three with rent: $8,229 in White Plains, NY versus $6,206 in Keflavik.

Living in White Plains, NY is roughly 24% more expensive than in Keflavik, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: White Plains, NY 170% above, Keflavik 117% above.

Meal at Budget Restaurant

$19.89 $19.89

$24.96 ISK 3,024

-20.31%

Three-Course Dinner for Two, Mid-Range

$100 $100

$135 ISK 16.4K

-25.90%

Fast Food Meal (McDonalds, etc)

$12.05 $12.05

$21.00 ISK 2,545

-42.62%

Cappuccino

$5.81 $5.81

$4.08 ISK 494

42.40%

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

$2.42 $2.42

$3.25 ISK 393

-25.54%

Water (0.33 liter bottle)

$1.97 $1.97

$3.30 ISK 400

-40.30%

Local Beer (0.5 liter draught)

$8.16 $8.16

$8.20 ISK 993

-0.49%

Imported Beer (0.33 liter bottle)

$9.10 $9.10

$8.28 ISK 1,003

9.90%

Milk (1 liter)

$1.04 $1.04

$2.06 ISK 250

-49.51%

White Bread (500g)

$4.20 $4.20

$4.23 ISK 512

-0.71%

Rice (white) (1kg)

$7.10 $7.10

$2.45 ISK 297

189.80%

Eggs

$6.35 $6.35

$6.53 ISK 792

-2.76%

Local Cheese (1kg)

$16.68 $16.68

$19.54 ISK 2,367

-14.64%

Chicken Fillets (1kg)

$17.05 $17.05

$23.91 ISK 2,897

-28.69%

Beef Round Steak (1kg)

$20.38 $20.38

$41.74 ISK 5,058

-51.17%

Apples (1kg)

$7.95 $7.95

$2.41 ISK 292

229.88%

Banana (1kg)

$2.39 $2.39

$2.43 ISK 295

-1.65%

Oranges (1kg)

$5.27 $5.27

$2.53 ISK 307

108.30%

Tomato (1kg)

$6.08 $6.08

$4.14 ISK 502

46.86%

Potato (1kg)

$4.08 $4.08

$3.26 ISK 396

25.15%

Onion (1kg)

$4.93 $4.93

$1.65 ISK 200

198.79%

Lettuce (1 head)

$2.63 $2.63

$3.79 ISK 459

-30.61%

Water (1.5 liter bottle)

$2.44 $2.44

$1.82 ISK 221

34.07%

Cigarettes 20 Pack (Marlboro, Camel)

$16.13 $16.13

$14.01 ISK 1,698

15.13%

Wine (Bottle)

$20.68 $20.68

$16.33 ISK 1,979

26.64%

Local Beer (0.5 liter bottle)

$1.69 $1.69

$3.72 ISK 451

-54.57%

Imported Beer (0.33 liter bottle)

$3.38 $3.38

$2.87 ISK 348

17.77%

One-way Ticket (Public Transport)

$2.97 $2.97

$3.60 ISK 437

-17.50%

Public Transport Monthly Pass (Regular Price)

$142 $142

$77.7 ISK 9,412

82.68%

Taxi Start (Normal Tariff)

$3.05 $3.05

$6.49 ISK 786

-53.00%

Taxi (Normal Tariff) (1km)

$2.14 $2.14

$2.62 ISK 318

-18.32%

Taxi 1hour Waiting (Normal Tariff)

$17.97 $17.97

$75.4 ISK 9,136

-76.16%

Gasoline (1 liter)

$0.94 $0.94

$1.99 ISK 242

-52.76%

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

$26.2K $26.2K

$51.5K ISK 6.2M

-49.17%

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

$25.6K $25.6K

$54.3K ISK 6.6M

-52.76%

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

$241 $241

$86.9 ISK 10.5K

177.82%

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

$55.0 $55.0

$32.35 ISK 3,920

70.02%

Internet (50+ Mbps, Unlimited Data)

$61.1 $61.1

$85.2 ISK 10.3K

-28.25%

Gym Membership (Monthly)

$176 $176

$82.2 ISK 9,962

113.81%

Tennis Court (1 Hour on Weekend)

$49.89 $49.89

Cinema Ticket

$20.13 $20.13

$19.91 ISK 2,413

1.10%

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

$2,007 $2,007

$405 ISK 49.1K

395.34%

International Primary School, 1 Child (Yearly)

$29.9K $29.9K

$30.7K ISK 3.7M

-2.70%

Jeans (Levis 501 Or Similar)

$70.2 $70.2

$158 ISK 19.1K

-55.58%

Summer Dress (H&M, Zara, etc)

$56.6 $56.6

$65.9 ISK 7,983

-14.07%

Sport Shoes (Adidas, Nike)

$124 $124

$178 ISK 21.6K

-30.21%

Men's Leather Business Shoes

$119 $119

$191 ISK 23.1K

-37.56%

1-bedroom Apartment, City Center (Monthly)

$2,792 $2,792

$1,883 ISK 228.1K

48.28%

1-bedroom Apartment, Outside City Center (Monthly)

$1,938 $1,938

$1,377 ISK 166.9K

40.74%

3-bedroom Apartment, City Center (Monthly)

$5,491 $5,491

$2,551 ISK 309.1K

115.25%

3-bedroom Apartment, Outside City Center (Monthly)

$4,303 $4,303

$2,078 ISK 251.8K

107.07%

Average Monthly Net Salary (After Tax)

$5,978 $5,978

$3,730 ISK 452.0K

60.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.05

8.88

-31.87%

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

Last update for White Plains, NY: August 31, 2026

Last update for Keflavik: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,792 in White Plains, NY and $1,883 in Keflavik. Housing cost is often the main lever when comparing two cities.

White Plains, NY pays 60% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $100 in White Plains, NY vs $135 in Keflavik for a mid-range dinner for two. Groceries echo the gap at $527 vs $567 per month, with White Plains, NY cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

White Plains, NY vs Keflavik: Cost of Living - Frequently Asked Questions

Keflavik wins on cost – living expenses run 24% lower than in White Plains, NY. Housing and daily spending are where you'll feel the difference most, making Keflavik the obvious pick if budget is a priority.

Average pay runs 60% higher in White Plains, NY, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,792 in White Plains, NY versus $1,883 in Keflavik. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Keflavik runs roughly 83% less than in White Plains, NY. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $2,007 in White Plains, NY versus $405 in Keflavik. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Both cities are expensive relative to $2,000. Keflavik is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, White Plains, NY and Keflavik are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Keflavik gentler on the wallet – expenses run 24% less than in White Plains, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.