Nassau vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Nassau	Reykjavik
🚶 Cost of living one person	$2672	$3268
👨‍👩‍👧‍👦 Cost of living Family	$5996	$6787
🏠 One person rent	$1605	$2025
🏘️ Family rent	$2767	$3029
🍽️ Food expenses	$772	$894
🚐 Transport expenses	$116	$101
💳 Monthly salary after tax	$2234	$4361
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	14 km	4 km
🎓 Higher education	10	52
😀 Quality of life	67	91
🏙️ Population	274K	140K

The cost of living in Nassau is 18% less expensive than in Reykjavik. Cities ranked 607th and 88th ($2672 vs $3268) in the list of the most expensive cities in the world and ranked 1st and 1st in the Bahamas and Iceland, respectively. Check the Bahamas vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Nassau compared to 1.3 months in Reykjavik. Nassau ranked 1st best city to live in the Bahamas vs Reykjavik ranked 1st in Iceland, while ranked 4772nd and 191st among best cities to live in the world.

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Cost of living in Nassau vs Reykjavik infographic

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Prices in Nassau vs Reykjavik

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

	Nassau	Reykjavik
Eating Out
🍱 Lunch Menu	$25.8	$27.9
🥂 Dinner in a Restaurant, for 2	$80.7	$79.5
🥪 Fast food meal, equiv. McDonald's	$11.4	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.35	$13
☕ Cappuccino	$5.55	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.91	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1621	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1270	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2890	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2281	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$182	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$281	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$82.9	$84
🏦 Mortgage Interest Rate for 20 Years	7.07%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4213	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3053	$6578
Transportation
🚌 Local transport ticket	$1.51	$5.36
🎟️ Monthly ticket local transport	$52.5	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$33.3	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.44	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$4.07	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$4.78	$4.43
🍚 Rice, 1 kg or 2.2 lb	$5.11	$3.55
🥚 Eggs, x12	$6.6	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$9.77	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$12	$25
🥩 Round Steak, 1 kg or 2.2 lb	$25.9	$41.5
🍏 Apples, 1 kg or 2.2 lb	$5.2	$3.59
🍌 Banana, 1 kg or 2.2 lb	$3.45	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$4.74	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$4.29	$5.57
🥔 Potato, 1 kg or 2.2 lb	$4.97	$3.7
🧅 Onion, 1 kg or 2.2 lb	$2.2	$2.56
🌊 Water, 1 L or 1 qt	$2.03	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.36	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$26.2	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$4.55	$3.79
🚬 Cigarette pack	$12.9	$13.6
💊 Cold medicince, 1 week	$11.7	$12.9
🧴 Hair Shampoo	$8.02	$5.86
🧻 Toilet paper, 4 rolls	$5.09	$5.2
👄 Toothpaste, 1 tube	$4.56	$3.63
Other
🏋️ Gym Membership, 1 month	$117	$88.2
🎫 Cinema Ticket, 1 person	$17	$18
👩‍⚕️ Doctor's visit	$106	$92.8
💇 Haircut, simple	$13.6	$46
👖 Brand Jeans	$67.2	$144
👟 Brand Sneakers	$117	$194
👶 Daycare or Preschool, 1 month	$714	$352
🏫 International Primary School, 1 year	$14961	$30378

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Nassau

Distance	City	Cost of living
209 km or 130 mi	Freeport	$2613
293 km or 182 mi	Miami Beach	$2839
297 km or 184 mi	Sunny Isles Beach	$2813
298 km or 185 mi	Aventura	$2794
300 km or 187 mi	Hallandale Beach	$2845
300 km or 187 mi	Miami	$3178
300 km or 187 mi	North Miami Beach	$2773
301 km or 187 mi	North Miami	$2726
303 km or 189 mi	Dania Beach	$2847
304 km or 189 mi	Hollywood	$3076
305 km or 189 mi	Coral Gables	$2846
306 km or 190 mi	Fort Lauderdale	$2781
307 km or 191 mi	Palmetto Bay	$2818
308 km or 191 mi	Oakland Park	$2704
308 km or 192 mi	Cutler Bay	$2885
309 km or 192 mi	Pompano Beach	$2709
310 km or 193 mi	Hialeah	$2471
310 km or 193 mi	Deerfield Beach	$2450
310 km or 193 mi	Miami Gardens	$2705
313 km or 194 mi	Lauderdale Lakes	$2707
313 km or 194 mi	Boca Raton	$3101
313 km or 194 mi	Miramar	$2788
314 km or 195 mi	Doral	$2622
315 km or 195 mi	Miami Lakes	$2588
315 km or 196 mi	Plantation	$2716
315 km or 196 mi	Lauderhill	$2751
316 km or 196 mi	Coconut Creek	$2794
316 km or 196 mi	Hialeah Gardens	$2543
316 km or 196 mi	Cooper	$2795
316 km or 196 mi	Delray Beach	$3362
316 km or 196 mi	Sweetwater	$2649
316 km or 197 mi	Davie	$2741
317 km or 197 mi	North Lauderdale	$2814
317 km or 197 mi	Richmond West	$2905
317 km or 197 mi	Pembroke Pines	$2977
317 km or 197 mi	Margate	$2848
319 km or 198 mi	Tamarac	$2836
319 km or 198 mi	Boynton Beach	$3154
319 km or 198 mi	Homestead	$3343
320 km or 199 mi	Sunrise	$2661

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