Cost of living comparison
Reykjavik is 23.7% more expensive than United Kingdom.
If you lived in Reykjavik instead of United Kingdom, you would:
pay 46.0% more for restaurants
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.07
£14.19
|
$21.59
ISK2,967
|
|
Fast food combo meal
McDonalds, or similar
|
$8.96
£7.03
|
$17.27
ISK2,374
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.14
£1.68
|
$2.90
ISK399
|
|
Bottle of water (11 fl. oz) |
$1.52
£1.20
|
$2.07
ISK285
|
|
pay 70.1% more for groceries
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.46
£1.14
|
$3.68
ISK506
|
|
Local cheese (8 oz) |
$4.24
£3.33
|
$7.66
ISK1,052
|
|
Milk (1 gallon) |
$5.75
£4.52
|
$6.16
ISK847
|
|
Eggs
1 dozen
|
$3.68
£2.89
|
$5.91
ISK813
|
|
Boneless chicken breast (1 lb) |
$3.66
£2.87
|
$8.87
ISK1,220
|
|
Apples (1 lb) |
$1.20
£0.94
|
$1.53
ISK210
|
|
Bananas (1 lb) |
$0.67
£0.53
|
$0.97
ISK133
|
|
Oranges (1 lb) |
$1.22
£0.96
|
$1.26
ISK173
|
|
Tomatoes (1 lb) |
$1.40
£1.10
|
$2.23
ISK306
|
|
Potatoes (1 lb) |
$0.63
£0.49
|
$1.42
ISK195
|
|
Onions (1 lb) |
$0.60
£0.47
|
$1.01
ISK139
|
|
pay 12.8% more for transportation
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.22
£5.67
|
$8.57
ISK1,179
|
|
Monthly public transit pass |
$94.64
£74.31
|
$66.92
ISK9,198
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,464.66
£26,273.57
|
$41,660.67
ISK5,726,259
|
|
Taxi trip in downtown area (5 miles) |
$16.98
£13.33
|
$23.30
ISK3,202
|
|
pay 33.2% more for housing
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.59
£29.52
|
$68.45
ISK9,408
|
|
1-Bedroom apartment in downtown area |
$1,224.35
£961.26
|
$1,864.13
ISK256,225
|
|
1-Bedroom apartment outside city center |
$974.65
£765.21
|
$1,666.20
ISK229,019
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$234.45
£184.07
|
$64.43
ISK8,856
|
|
pay 75.0% less for childcare
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,426.61
£1,120.05
|
$240.37
ISK33,039
|
|
Middle school for 1 child, two semesters |
$18,036.83
£14,160.97
|
$5,984.07
ISK822,511
|
|
pay 32.5% more for entertainment and sports
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.42
£4.25
|
$10.79
ISK1,483
|
|
Cappuccino in mid-range area |
$3.93
£3.08
|
$5.09
ISK699
|
|
Pack of cigarettes
Marlboro or similar
|
$16.35
£12.84
|
$11.87
ISK1,632
|
|
Monthly membership at local gym |
$43.82
£34.40
|
$65.50
ISK9,003
|
|
Movie ticket to theater/cinema |
$12.87
£10.11
|
$14.39
ISK1,978
|
|
pay 46.5% more for clothing
United Kingdom
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.61
£60.15
|
$103.94
ISK14,287
|
|
Regular dress
from H&M or similar store
|
$39.64
£31.12
|
$43.50
ISK5,978
|
|
Running shoes
Nike or Adidas
|
$90.51
£71.06
|
$141.47
ISK19,445
|
|
Men's business shoes (leather) |
$94.66
£74.32
|
$174.65
ISK24,006
|
|
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