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: $3,675 in White Plains, NY versus $2,972 in Keflavik.

Estimated couple costs with rent: $5,947 in White Plains, NY versus $4,569 in Keflavik.

Monthly costs for a family of three with rent: $8,219 in White Plains, NY versus $6,165 in Keflavik.

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

Both cities are pricier than the global median: White Plains, NY 171% above, Keflavik 119% above.

Meal at Budget Restaurant

$19.81 $19.81

$24.21 ISK 2,981

-18.17%

Three-Course Dinner for Two, Mid-Range

$100 $100

$135 ISK 16.7K

-26.06%

Fast Food Meal (McDonalds, etc)

$11.83 $11.83

$20.19 ISK 2,486

-41.41%

Cappuccino

$5.63 $5.63

$4.12 ISK 507

36.65%

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

$2.54 $2.54

$3.21 ISK 395

-20.87%

Water (0.33 liter bottle)

$1.96 $1.96

$3.19 ISK 392

-38.56%

Local Beer (0.5 liter draught)

$8.06 $8.06

$8.31 ISK 1,023

-3.01%

Imported Beer (0.33 liter bottle)

$9.11 $9.11

$8.21 ISK 1,011

10.96%

Milk (1 liter)

$1.04 $1.04

$2.08 ISK 256

-50.00%

White Bread (500g)

$4.18 $4.18

$4.26 ISK 524

-1.88%

Rice (white) (1kg)

$7.56 $7.56

$2.46 ISK 302

207.32%

Eggs

$6.85 $6.85

$6.30 ISK 776

8.73%

Local Cheese (1kg)

$16.43 $16.43

$18.98 ISK 2,336

-13.44%

Chicken Fillets (1kg)

$18.28 $18.28

$24.27 ISK 2,988

-24.68%

Beef Round Steak (1kg)

$17.93 $17.93

$41.06 ISK 5,055

-56.33%

Apples (1kg)

$7.48 $7.48

$2.44 ISK 301

206.56%

Banana (1kg)

$2.27 $2.27

$2.45 ISK 302

-7.35%

Oranges (1kg)

$5.04 $5.04

$2.50 ISK 307

101.60%

Tomato (1kg)

$6.06 $6.06

$3.96 ISK 487

53.03%

Potato (1kg)

$4.38 $4.38

$3.15 ISK 388

39.05%

Onion (1kg)

$4.69 $4.69

$1.68 ISK 207

179.17%

Lettuce (1 head)

$2.76 $2.76

$3.39 ISK 417

-18.58%

Water (1.5 liter bottle)

$2.25 $2.25

$1.82 ISK 224

23.63%

Cigarettes 20 Pack (Marlboro, Camel)

$16.20 $16.20

$13.75 ISK 1,693

17.82%

Wine (Bottle)

$21.89 $21.89

$16.05 ISK 1,976

36.39%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$3.76 ISK 462

-53.19%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$2.89 ISK 356

19.72%

One-way Ticket (Public Transport)

$2.97 $2.97

$3.70 ISK 456

-19.73%

Public Transport Monthly Pass (Regular Price)

$145 $145

$75.9 ISK 9,349

90.61%

Taxi Start (Normal Tariff)

$2.98 $2.98

$6.45 ISK 794

-53.80%

Taxi (Normal Tariff) (1km)

$2.21 $2.21

$2.57 ISK 316

-14.01%

Taxi 1hour Waiting (Normal Tariff)

$18.03 $18.03

$73.4 ISK 9,031

-75.42%

Gasoline (1 liter)

$1.01 $1.01

$1.95 ISK 240

-48.21%

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

$25.5K $25.5K

$49.7K ISK 6.1M

-48.71%

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

$25.5K $25.5K

$53.6K ISK 6.6M

-52.32%

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

$241 $241

$85.7 ISK 10.6K

181.39%

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

$59.2 $59.2

$32.16 ISK 3,959

84.14%

Internet (50+ Mbps, Unlimited Data)

$59.2 $59.2

$84.3 ISK 10.4K

-29.83%

Gym Membership (Monthly)

$174 $174

$79.1 ISK 9,733

119.96%

Tennis Court (1 Hour on Weekend)

$49.59 $49.59

Cinema Ticket

$20.14 $20.14

$19.30 ISK 2,376

4.35%

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

$2,036 $2,036

$403 ISK 49.6K

404.86%

International Primary School, 1 Child (Yearly)

$30.3K $30.3K

$30.8K ISK 3.8M

-1.68%

Jeans (Levis 501 Or Similar)

$76.9 $76.9

$154 ISK 18.9K

-49.97%

Summer Dress (H&M, Zara, etc)

$57.6 $57.6

$64.0 ISK 7,883

-9.98%

Sport Shoes (Adidas, Nike)

$125 $125

$184 ISK 22.7K

-32.30%

Men's Leather Business Shoes

$126 $126

$187 ISK 23.0K

-32.57%

1-bedroom Apartment, City Center (Monthly)

$2,709 $2,709

$1,853 ISK 228.1K

46.17%

1-bedroom Apartment, Outside City Center (Monthly)

$1,953 $1,953

$1,321 ISK 162.6K

47.84%

3-bedroom Apartment, City Center (Monthly)

$5,517 $5,517

$2,462 ISK 303.0K

124.10%

3-bedroom Apartment, Outside City Center (Monthly)

$4,320 $4,320

$2,059 ISK 253.4K

109.85%

Average Monthly Net Salary (After Tax)

$5,994 $5,994

$3,703 ISK 455.8K

61.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.05

9.1

-33.52%

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

Last update for White Plains, NY: August 3, 2026

Last update for Keflavik: August 3, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,709 in White Plains, NY and $1,853 in Keflavik. Housing cost is often the main lever when comparing two cities.

White Plains, NY pays 62% 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 $526 vs $561 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 62% 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: $2,709 in White Plains, NY versus $1,853 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 91% less than in White Plains, NY. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $2,036 in White Plains, NY versus $403 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.