Louisville vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Louisville	Reykjavik
🚶 Cost of living one person	$1847	$3268
👨‍👩‍👧‍👦 Cost of living Family	$4440	$6787
🏠 One person rent	$1087	$2025
🏘️ Family rent	$1899	$3029
🍽️ Food expenses	$549	$894
🚐 Transport expenses	$70.5	$101
💳 Monthly salary after tax	$3987	$4361
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	8 km	4 km
🎓 Higher education	60	52
😀 Quality of life	89	91
🏙️ Population	246K	140K

The cost of living in Louisville is 43% less expensive than in Reykjavik. Cities ranked 2519th and 88th ($1847 vs $3268) in the list of the most expensive cities in the world and ranked 1889th and 1st in the United States and Iceland, respectively. Check the United States vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Louisville compared to 1.3 months in Reykjavik. Louisville ranked 89th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 281st and 191st among best cities to live in the world.

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Cost of living in Louisville vs Reykjavik infographic

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Prices in Louisville vs Reykjavik

Prices for goods and services in Louisville and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Louisville	Reykjavik
Eating Out
🍱 Lunch Menu	$14.7	$27.9
🥂 Dinner in a Restaurant, for 2	$60.8	$79.5
🥪 Fast food meal, equiv. McDonald's	$10.1	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.87	$13
☕ Cappuccino	$4.93	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.49	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1046	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$881	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1832	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1620	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$118	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$182	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$55	$84
🏦 Mortgage Interest Rate for 20 Years	6.47%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3372	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3052	$6578
Transportation
🚌 Local transport ticket	$1.75	$5.36
🎟️ Monthly ticket local transport	$48.1	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$17.3	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.81	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$0.58	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$2.83	$4.43
🍚 Rice, 1 kg or 2.2 lb	$4.35	$3.55
🥚 Eggs, x12	$3.29	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$13.5	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.3	$25
🥩 Round Steak, 1 kg or 2.2 lb	$11.9	$41.5
🍏 Apples, 1 kg or 2.2 lb	$4.4	$3.59
🍌 Banana, 1 kg or 2.2 lb	$1.55	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$4.09	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$5.3	$5.57
🥔 Potato, 1 kg or 2.2 lb	$2.31	$3.7
🧅 Onion, 1 kg or 2.2 lb	$2.65	$2.56
🌊 Water, 1 L or 1 qt	$1.33	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$14.7	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$3.22	$3.79
🚬 Cigarette pack	$8.44	$13.6
💊 Cold medicince, 1 week	$6.34	$12.9
🧴 Hair Shampoo	$5.02	$5.86
🧻 Toilet paper, 4 rolls	$3.49	$5.2
👄 Toothpaste, 1 tube	$1.48	$3.63
Other
🏋️ Gym Membership, 1 month	$23.8	$88.2
🎫 Cinema Ticket, 1 person	$12.6	$18
👩‍⚕️ Doctor's visit	$112	$92.8
💇 Haircut, simple	$16	$46
👖 Brand Jeans	$45.8	$144
👟 Brand Sneakers	$83.3	$194
👶 Daycare or Preschool, 1 month	$1218	$352
🏫 International Primary School, 1 year	$15931	$30378

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Louisville

Distance	City	Cost of living
4.7 km or 2.9 mi	Jeffersonville	$1738
6.4 km or 3.9 mi	Clarksville	$1845
8 km or 4.9 mi	New Albany	$1925
16 km or 10 mi	Jeffersontown	$1912
46 km or 29 mi	Shelbyville	$1874
50 km or 31 mi	Radcliff	$1883
63 km or 39 mi	Elizabethtown	$1724
78 km or 48 mi	Frankfort	$1659
104 km or 65 mi	Georgetown	$2091
107 km or 67 mi	Columbus	$1769
111 km or 69 mi	Nicholasville	$1816
113 km or 70 mi	Lexington	$1713
121 km or 75 mi	Bloomington	$2097
126 km or 79 mi	Florence	$1922
130 km or 81 mi	Independence	$2140
132 km or 82 mi	Owensboro	$1647
140 km or 87 mi	Franklin	$1969
140 km or 87 mi	Richmond	$1606
140 km or 87 mi	Winchester	$1822
140 km or 87 mi	Covington	$2480
146 km or 91 mi	Cincinnati	$2025
154 km or 96 mi	Greenwood	$1941
154 km or 96 mi	Bowling Green	$1763
159 km or 99 mi	Fairfield	$1990
161 km or 100 mi	Evansville	$2164
163 km or 101 mi	Hamilton	$1993
164 km or 102 mi	Oxford	$1915
165 km or 102 mi	Somerset	$1338
167 km or 104 mi	Henderson	$1799
170 km or 106 mi	Plainfield	$1978
171 km or 106 mi	Greenfield	$1847
172 km or 107 mi	Indianapolis	$2382
173 km or 108 mi	Tompkinsville	$1810
175 km or 109 mi	Mason	$1899
180 km or 112 mi	Lawrence	$2070
183 km or 114 mi	Middletown	$1495
185 km or 115 mi	Brownsburg	$1753
186 km or 116 mi	Lebanon	$1850
190 km or 118 mi	Richmond	$1857
190 km or 118 mi	Fishers	$2017

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242