Milwaukee vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Milwaukee Reykjavik
🚶 Cost of living one person
$2054
$2938
👨‍👩‍👧‍👦 Cost of living Family
$4880
$5875
🏠 One person rent
$1211
$1801
🏘️ Family rent
$1862
$2674
🍽️ Food expenses
$555
$827
🚐 Transport expenses
$118
$90.1
💳 Monthly salary after tax
$3539
$3761
😷 Air quality
Good
Excellent
✈️ Airport proximity
12 km
4 km
🎓 Higher education
82
53
😀 Quality of life
88
89
🏙️ Population
577K
140K

The cost of living in Milwaukee is 30% less expensive than in Reykjavik. Cities ranked 1702nd and 200th ($2054 vs $2938) in the list of the most expensive cities in the world and ranked 1506th 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 1.7 months in Milwaukee compared to 1.3 months in Reykjavik. Milwaukee ranked 55th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 240th and 194th among best cities to live in the world.

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Cost of living in Milwaukee vs Reykjavik infographic

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Prices in Milwaukee vs Reykjavik

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

Milwaukee Reykjavik
Eating Out
🍱 Lunch Menu
$13.3
$21.5
🥂 Dinner in a Restaurant, for 2
$54
$137
🥪 Fast food meal, equiv. McDonald's
$9.27
$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.32
$10.8
 Cappuccino
$5.06
$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.05
$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1311
$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$979
$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2332
$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1469
$2456
🔌 Utility Bill one person, electricity, heating, water, etc.
$104
$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$159
$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$61.1
$71.4
🏦 Mortgage Interest Rate for 20 Years
6.66%
9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1890
$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1701
$5599
Transportation
🚌 Local transport ticket
$1.99
$4.52
🎟️ Monthly ticket local transport
$73.9
$75.8
🚕 Taxi Ride, 8 km or 5 mi
$16.1
$26.4
 Gas / Petrol, 1 L or 0.26 gal
$0.9
$2.23
Groceries
🥛 Milk, 1 L or 1 qt
$0.88
$1.66
🍞 Bread, 0.5 kg or 1.1 lb
$3
$3.74
🍚 Rice, 1 kg or 2.2 lb
$4.36
$3.24
🥚 Eggs, x12
$3.68
$5.94
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.2
$20.9
🥩 Round Steak, 1 kg or 2.2 lb
$15.1
$37
🍏 Apples, 1 kg or 2.2 lb
$4.7
$2.94
🍌 Banana, 1 kg or 2.2 lb
$1.21
$2.25
🍊 Oranges, 1 kg or 2.2 lb
$5.54
$2.73
🍅 Tomato, 1 kg or 2.2 lb
$4.2
$4.73
🥔 Potato, 1 kg or 2.2 lb
$1.91
$3.26
🧅 Onion, 1 kg or 2.2 lb
$2.2
$2.11
🌊 Water, 1 L or 1 qt
$1.59
$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.5
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$15.7
$21.6
🍺 Beer, 0.5 L or 16 fl oz
$2.65
$3.26
🚬 Cigarette pack
$10.1
$12.3
💊 Cold medicince, 1 week
$9.34
$10.4
🧴 Hair Shampoo
$4.35
$5.23
🧻 Toilet paper, 4 rolls
$3.54
$4.55
👄 Toothpaste, 1 tube
$1.84
$3.2
Other
🏋️ Gym Membership, 1 month
$50.8
$73.2
🎫 Cinema Ticket, 1 person
$12.6
$15.9
👩‍⚕️ Doctor's visit
$163
$82.2
💇 Haircut, simple
$16.9
$45.6
👖 Brand Jeans
$42
$128
👟 Brand Sneakers
$77.2
$162
👶 Daycare or Preschool, 1 month
$1813
$279
🏫 International Primary School, 1 year
$24191
$2532

Cost of living in other countries

MilwaukeeReykjavik

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Milwaukee

Distance City Cost of living
5.6 km or 3.5 mi West Allis
$2001
6.3 km or 3.9 mi Wauwatosa
$1987
10 km or 6.4 mi Greenfield
$1982
13 km or 8.3 mi Brookfield
$2019
15 km or 9.4 mi New Berlin
$1942
17 km or 11 mi South Milwaukee
$2019
17 km or 11 mi Menomonee Falls
$1986
17 km or 11 mi Franklin
$1976
19 km or 12 mi Oak Creek
$2001
19 km or 12 mi Mequon
$1998
22 km or 14 mi Muskego
$1932
23 km or 14 mi Waukesha
$1760
27 km or 17 mi Caledonia
$1991
37 km or 23 mi Mount Pleasant
$2017
38 km or 24 mi Racine
$2023
46 km or 28 mi West Bend
$1963
53 km or 33 mi Kenosha
$1968
57 km or 36 mi Pleasant Prairie
$2017
64 km or 40 mi Watertown
$1960
67 km or 42 mi Zion
$2320
74 km or 46 mi Fort Atkinson
$1847
76 km or 47 mi Round Lake Beach
$2313
76 km or 47 mi Gurnee
$2321
77 km or 48 mi Waukegan
$2312
78 km or 49 mi Grayslake
$2298
80 km or 50 mi Sheboygan
$1817
81 km or 51 mi North Chicago
$2332
84 km or 52 mi McHenry
$2327
85 km or 53 mi Libertyville
$2391
87 km or 54 mi Mundelein
$2078
90 km or 56 mi Fond du Lac
$1850
91 km or 57 mi Woodstock
$2179
91 km or 57 mi Vernon Hills
$2294
96 km or 60 mi Janesville
$1789
97 km or 60 mi Crystal Lake
$2484
97 km or 60 mi Highland Park
$2345
98 km or 61 mi Buffalo Grove
$2311
101 km or 63 mi Lake in the Hills
$2461
102 km or 63 mi Wheeling
$2371
103 km or 64 mi Northbrook
$2378

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2802
9.8 km or 6.1 mi Hafnarfjorur
$2817
38 km or 24 mi Keflavik
$2355
247 km or 153 mi Akureyri
$2678
795 km or 494 mi Torshavn
$1828
1204 km or 748 mi Inverness
$1722
1230 km or 764 mi Elgin
$1393
1300 km or 808 mi Derry
$1390
1309 km or 813 mi Greenock
$1601
1321 km or 821 mi Aberdeen
$1614
1325 km or 823 mi Perth
$1500
1328 km or 825 mi Stirling
$1604
1331 km or 827 mi Paisley
$1765
1333 km or 828 mi Alloa
$1649
1337 km or 831 mi Glasgow
$2011
1339 km or 832 mi Dundee
$1482
1340 km or 833 mi Omagh
$1562
1341 km or 833 mi Cumbernauld
$1475
1342 km or 834 mi Irvine
$1551
1348 km or 838 mi East Kilbride
$1763
1349 km or 838 mi Kilmarnock
$1480
1351 km or 839 mi Dunfermline
$1692
1353 km or 841 mi Hamilton
$1699
1357 km or 843 mi Ayr
$1404
1360 km or 845 mi Kirkcaldy
$1610
1365 km or 848 mi Livingston
$1608
1372 km or 852 mi Edinburgh
$2140
1382 km or 859 mi Newtownabbey
$1692
1387 km or 862 mi Belfast
$1755
1390 km or 864 mi Bangor
$1382
1391 km or 864 mi Lisburn
$1713
1401 km or 871 mi Alesund
$1603
1413 km or 878 mi Galway
$2297
1425 km or 886 mi Dundalk
$1767
1431 km or 889 mi Dumfries
$1246
1433 km or 891 mi Nuuk
$2031
1441 km or 895 mi Molde
$1813
1454 km or 903 mi Kristiansund
$1700
1455 km or 904 mi Drogheda
$2628
1455 km or 904 mi Bergen
$2006