Nashville vs Reykjavik - Cost of Living Comparison

Updated: March 11, 2026

	Nashville	Reykjavik
🚶 Cost of living one person	$2477	$3322
👨‍👩‍👧‍👦 Cost of living Family	$5858	$6846
🏠 One person rent	$1560	$2058
🏘️ Family rent	$2701	$3020
🍽️ Food expenses	$618	$916
🚐 Transport expenses	$137	$102
💳 Monthly salary after tax	$4433	$4546
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	11 km	4 km
🎓 Higher education	78	52
😀 Quality of life	89	89
🏙️ Population	689K	139K

The cost of living in Nashville is 25% less expensive than in Reykjavik. Cities ranked 924th and 86th ($2477 vs $3322) in the list of the most expensive cities in the world and ranked 798th 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 1.8 months in Nashville compared to 1.4 months in Reykjavik. Nashville ranked 77th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 281st and 268th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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<img src="https://livingcost.org/assets/photo/cost/nashville/reykjavik.jpg" alt="Cost of living in Nashville vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/nashville/reykjavik" target="_blank">Nashville vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Nashville vs Reykjavik

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

	Nashville	Reykjavik
Eating Out
🍱 Lunch Menu	$15.2	$28.6
🥂 Dinner in a Restaurant, for 2	$67.6	$90.8
🥪 Fast food meal, equiv. McDonald's	$10.7	$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.05	$12.6
☕ Cappuccino	$6.59	$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.93	$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1694	$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1277	$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3027	$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2283	$2721
🔌 Utility Bill one person, electricity, heating, water, etc.	$128	$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$198	$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$71.7	$87.2
🏦 Mortgage Interest Rate for 20 Years	6.24%	8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4118	$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2822	$6385
Transportation
🚌 Local transport ticket	$2	$5.51
🎟️ Monthly ticket local transport	$62.5	$87.9
🚕 Taxi Ride, 8 km or 5 mi	$22.4	$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.8	$2.49
Groceries
🥛 Milk, 1 L or 1 qt	$1.09	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$3.51	$4.44
🍚 Rice, 1 kg or 2.2 lb	$3.77	$3.58
🥚 Eggs, x12	$4.23	$6.83
🧀 Cheese, 1 kg or 2.2 lb	$12	$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.6	$26
🥩 Round Steak, 1 kg or 2.2 lb	$17.6	$44.9
🍏 Apples, 1 kg or 2.2 lb	$4.38	$3.55
🍌 Banana, 1 kg or 2.2 lb	$1.52	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$4.49	$3.41
🍅 Tomato, 1 kg or 2.2 lb	$4.67	$5.8
🥔 Potato, 1 kg or 2.2 lb	$2.58	$3.52
🧅 Onion, 1 kg or 2.2 lb	$3.26	$2.2
🌊 Water, 1 L or 1 qt	$1.68	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.4	$3.01
🍾 Wine (mid-priced), 750 mL bottle	$16.2	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$2.77	$3.95
🚬 Cigarette pack	$9.4	$14
💊 Cold medicince, 1 week	$10.5	$12.7
🧴 Hair Shampoo	$6.03	$5.93
🧻 Toilet paper, 4 rolls	$4.55	$5.26
👄 Toothpaste, 1 tube	$1.64	$3.63
Other
🏋️ Gym Membership, 1 month	$47.1	$95.3
🎫 Cinema Ticket, 1 person	$16.5	$18.6
👩‍⚕️ Doctor's visit	$94.9	$93.8
💇 Haircut, simple	$24.2	$46.1
👖 Brand Jeans	$55.1	$144
👟 Brand Sneakers	$101	$176
👶 Daycare or Preschool, 1 month	$1416	$408
🏫 International Primary School, 1 year	$30241	$30361

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Nashville

Distance	City	Cost of living
19 km or 12 mi	Brentwood	$2519
22 km or 14 mi	Hendersonville	$2338
25 km or 15 mi	Mount Juliet	$2319
26 km or 16 mi	La Vergne	$2314
27 km or 17 mi	Franklin	$2822
31 km or 19 mi	Smyrna	$2257
38 km or 24 mi	Gallatin	$2278
41 km or 26 mi	Lebanon	$2229
47 km or 29 mi	Spring Hill	$2366
50 km or 31 mi	Murfreesboro	$2035
66 km or 41 mi	Columbia	$2023
66 km or 41 mi	Clarksville	$2085
81 km or 50 mi	Shelbyville	$2210
96 km or 59 mi	Bowling Green	$1747
99 km or 62 mi	Hopkinsville	$1815
114 km or 71 mi	Tompkinsville	$1790
115 km or 71 mi	Cookeville	$1885
146 km or 91 mi	Murray	$1817
154 km or 95 mi	Athens	$1852
161 km or 100 mi	Madison	$1937
162 km or 101 mi	Huntsville	$1924
169 km or 105 mi	Florence	$1425
177 km or 110 mi	Decatur	$1718
180 km or 112 mi	Owensboro	$1586
185 km or 115 mi	Chattanooga	$2090
189 km or 118 mi	Elizabethtown	$1720
191 km or 119 mi	East Ridge	$2109
193 km or 120 mi	Jackson	$1745
193 km or 120 mi	Paducah	$1703
199 km or 124 mi	Henderson	$1766
200 km or 124 mi	Radcliff	$1895
205 km or 127 mi	Cleveland	$2080
213 km or 132 mi	Evansville	$2073
218 km or 135 mi	Albertville	$1808
219 km or 136 mi	Somerset	$1355
226 km or 140 mi	Dalton	$1593
227 km or 141 mi	Oak Ridge	$1339
234 km or 145 mi	Dyersburg	$2070
237 km or 147 mi	Farragut	$1904
250 km or 155 mi	Gadsden	$1581

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409