Nassau vs Reykjavik - Cost of Living Comparison

Updated: June 21, 2026

	Nassau	Reykjavik
🚶 Cost of living one person	$2760	$3205
👨‍👩‍👧‍👦 Cost of living Family	$6212	$6762
🏠 One person rent	$1672	$1954
🏘️ Family rent	$2877	$2956
🍽️ Food expenses	$801	$904
🚐 Transport expenses	$116	$100
💳 Monthly salary after tax	$3354	$4423
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	14 km	4 km
🎓 Higher education	11	53
😀 Quality of life	68	88
🏙️ Population	228K	139K

The cost of living in Nassau is 14% less expensive than in Reykjavik. Cities ranked 498th and 119th ($2760 vs $3205) 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 1.2 months in Nassau compared to 1.4 months in Reykjavik. Nassau ranked 1st best city to live in the Bahamas vs Reykjavik ranked 1st in Iceland, while ranked 4308th and 258th among best cities to live in the world.

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the estimated difference in money purchasing power

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

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	$31.2	$28.3
🥂 Dinner in a Restaurant, for 2	$79.3	$97.9
🥪 Fast food meal, equiv. McDonald's	$11.8	$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.33	$13.4
☕ Cappuccino	$5.48	$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.32	$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1382	$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1392	$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2460	$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2496	$2660
🔌 Utility Bill one person, electricity, heating, water, etc.	$195	$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$301	$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$87.2	$82
🏦 Mortgage Interest Rate for 20 Years	7.84%	8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4159	$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3300	$6175
Transportation
🚌 Local transport ticket	$2	$5.38
🎟️ Monthly ticket local transport	$68.4	$90.3
🚕 Taxi Ride, 8 km or 5 mi	$33.8	$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.43	$2.12
Groceries
🥛 Milk, 1 L or 1 qt	$3.97	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$4.69	$4.21
🍚 Rice, 1 kg or 2.2 lb	$5.51	$3.46
🥚 Eggs, x12	$6.55	$6.99
🧀 Cheese, 1 kg or 2.2 lb	$10.3	$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.1	$24.8
🥩 Round Steak, 1 kg or 2.2 lb	$26.9	$44.1
🍏 Apples, 1 kg or 2.2 lb	$5.43	$3.41
🍌 Banana, 1 kg or 2.2 lb	$3.47	$2.66
🍊 Oranges, 1 kg or 2.2 lb	$5.05	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$4.26	$5.99
🥔 Potato, 1 kg or 2.2 lb	$4.98	$3.65
🧅 Onion, 1 kg or 2.2 lb	$2.21	$1.89
🌊 Water, 1 L or 1 qt	$1.57	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.33	$3
🍾 Wine (mid-priced), 750 mL bottle	$30.2	$23.2
🍺 Beer, 0.5 L or 16 fl oz	$4.84	$3.72
🚬 Cigarette pack	$13.1	$13.5
💊 Cold medicince, 1 week	$11.5	$11.6
🧴 Hair Shampoo	$8.07	$5.76
🧻 Toilet paper, 4 rolls	$5.08	$5.18
👄 Toothpaste, 1 tube	$4.57	$3.63
Other
🏋️ Gym Membership, 1 month	$86.4	$90.3
🎫 Cinema Ticket, 1 person	$17.1	$19.2
👩‍⚕️ Doctor's visit	$104	$92.8
💇 Haircut, simple	$13.7	$47.2
👖 Brand Jeans	$64.1	$146
👟 Brand Sneakers	$118	$178
👶 Daycare or Preschool, 1 month	$875	$472
🏫 International Primary School, 1 year	$16505	$30029

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	$2683
293 km or 182 mi	Miami Beach	$2840
297 km or 184 mi	Sunny Isles Beach	$2842
298 km or 185 mi	Aventura	$2802
300 km or 187 mi	Hallandale Beach	$2792
300 km or 187 mi	Miami	$3216
300 km or 187 mi	North Miami Beach	$2762
301 km or 187 mi	North Miami	$2747
303 km or 189 mi	Dania Beach	$2802
304 km or 189 mi	Hollywood	$2958
305 km or 189 mi	Coral Gables	$2854
306 km or 190 mi	Fort Lauderdale	$2924
307 km or 191 mi	Palmetto Bay	$2805
308 km or 191 mi	Oakland Park	$2749
308 km or 192 mi	Cutler Bay	$2859
309 km or 192 mi	Pompano Beach	$2701
310 km or 193 mi	Hialeah	$2487
310 km or 193 mi	Deerfield Beach	$2502
310 km or 193 mi	Miami Gardens	$2705
313 km or 194 mi	Lauderdale Lakes	$2715
313 km or 194 mi	Boca Raton	$3114
313 km or 194 mi	Miramar	$2808
314 km or 195 mi	Doral	$2636
315 km or 195 mi	Miami Lakes	$2602
315 km or 196 mi	Plantation	$2697
315 km or 196 mi	Lauderhill	$2695
316 km or 196 mi	Coconut Creek	$2735
316 km or 196 mi	Hialeah Gardens	$2556
316 km or 196 mi	Cooper	$2756
316 km or 196 mi	Delray Beach	$2957
316 km or 196 mi	Sweetwater	$2668
316 km or 197 mi	Davie	$2721
317 km or 197 mi	North Lauderdale	$2762
317 km or 197 mi	Richmond West	$2843
317 km or 197 mi	Pembroke Pines	$3046
317 km or 197 mi	Margate	$2757
319 km or 198 mi	Tamarac	$2774
319 km or 198 mi	Boynton Beach	$3171
319 km or 198 mi	Homestead	$3151
320 km or 199 mi	Sunrise	$2673

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3092
9.8 km or 6.1 mi	Hafnarfjorur	$3106
38 km or 24 mi	Keflavik	$2581
247 km or 153 mi	Akureyri	$2921
795 km or 494 mi	Torshavn	$2017
1204 km or 748 mi	Inverness	$2005
1230 km or 764 mi	Elgin	$1523
1300 km or 808 mi	Derry	$1646
1309 km or 813 mi	Greenock	$1647
1321 km or 821 mi	Aberdeen	$1806
1325 km or 823 mi	Perth	$1640
1328 km or 825 mi	Stirling	$1835
1331 km or 827 mi	Paisley	$1885
1333 km or 828 mi	Alloa	$1842
1337 km or 831 mi	Glasgow	$2114
1339 km or 832 mi	Dundee	$1593
1340 km or 833 mi	Omagh	$1763
1341 km or 833 mi	Cumbernauld	$1611
1342 km or 834 mi	Irvine	$1704
1348 km or 838 mi	East Kilbride	$1878
1349 km or 838 mi	Kilmarnock	$1600
1351 km or 839 mi	Dunfermline	$1750
1353 km or 841 mi	Hamilton	$1831
1357 km or 843 mi	Ayr	$1586
1360 km or 845 mi	Kirkcaldy	$1794
1365 km or 848 mi	Livingston	$1760
1372 km or 852 mi	Edinburgh	$2295
1382 km or 859 mi	Newtownabbey	$1820
1387 km or 862 mi	Belfast	$1878
1390 km or 864 mi	Bangor	$1485
1391 km or 864 mi	Lisburn	$1923
1401 km or 871 mi	Alesund	$2021
1413 km or 878 mi	Galway	$3003
1425 km or 886 mi	Dundalk	$2264
1431 km or 889 mi	Dumfries	$1456
1433 km or 891 mi	Nuuk	$2508
1441 km or 895 mi	Molde	$2101
1454 km or 903 mi	Kristiansund	$1944
1455 km or 904 mi	Drogheda	$2518
1455 km or 904 mi	Bergen	$2336