Cost of living comparison

compared to

Reykjavik vs. Bishops Stortford Cost of Living Summary

Reykjavik is 65.5% more expensive than Bishops Stortford.

Restaurants: pay 2.0 times more in Reykjavik
Groceries: pay 96.9% more in Reykjavik
Transportation: pay 45.7% more in Reykjavik
Housing: pay 43.5% more in Reykjavik
Childcare: pay 23.2% less in Reykjavik
Entertainment and Sports: pay 51.5% more in Reykjavik
Clothing: pay 2.4 times more in Reykjavik

The cost of clothing, restaurants, groceries, entertainment and sports, transportation, and housing in Reykjavik are more expensive than in Bishops Stortford. Notably, clothing, restaurants, and groceries are significantly more expensive in Reykjavik.

Reykjavik vs. Bishops Stortford Cost Breakdown

If you lived in Reykjavik instead of Bishops Stortford, you would:

Display currency: USD

pay 2.0 times more for restaurants

	Bishops Stortford	Reykjavik
Basic meal with drink at inexpensive restaurant	$20.03 £14.98	$27.48 ISK3,473	+37.2%
Fast food combo meal McDonalds, or similar	$9.68 £7.24	$22.76 ISK2,877	+135.1%
Bottle of Coca-Cola (11 fl. oz)	$1.74 £1.30	$3.34 ISK422	+92.1%
Bottle of water (11 fl. oz)	$1.11 £0.83	$2.70 ISK341	+143.9%
Average			+102.1%

Bishops Stortford vs. Reykjavik - Cost of restaurants

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pay 96.9% more for groceries

	Bishops Stortford	Reykjavik
Bread 1 loaf	$1.41 £1.05	$4.63 ISK586	+229.2%
Local cheese (8 oz)	$4.07 £3.05	$9.44 ISK1,193	+131.7%
Milk (1 gallon)	$5.31 £3.97	$7.63 ISK964	+43.7%
Eggs 1 dozen	$3.61 £2.70	$6.50 ISK822	+80.3%
Boneless chicken breast (1 lb)	$3.68 £2.76	$11.29 ISK1,427	+206.5%
Apples (1 lb)	$1.42 £1.06	$1.59 ISK201	+12.0%
Bananas (1 lb)	$0.68 £0.51	$1.17 ISK148	+72.4%
Oranges (1 lb)	$1.31 £0.98	$1.49 ISK188	+13.2%
Tomatoes (1 lb)	$1.29 £0.97	$2.54 ISK321	+96.3%
Potatoes (1 lb)	$0.78 £0.59	$1.70 ISK214	+116.3%
Onions (1 lb)	$0.69 £0.52	$1.13 ISK143	+64.0%
Average			+96.9%

Bishops Stortford vs. Reykjavik - Cost of groceries

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pay 45.7% more for transportation

	Bishops Stortford	Reykjavik
Gasoline (1 gallon)	$7.18 £5.37	$9.66 ISK1,221	+34.6%
Monthly public transit pass	??	$88.58 ISK11,197
New Volkswagen Golf 1.4 (standard edition)	$37,772.71 £28,247.61	$50,771.00 ISK6,417,454	+34.4%
Taxi trip in downtown area (5 miles)	$16.69 £12.48	$28.07 ISK3,548	+68.1%
Average			+45.7%

Bishops Stortford vs. Reykjavik - Cost of transportation

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pay 43.5% more for housing

	Bishops Stortford	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$36.50 £27.30	$81.97 ISK10,361	+124.6%
1-Bedroom apartment in downtown area	$1,393.30 £1,041.95	$2,259.48 ISK285,599	+62.2%
1-Bedroom apartment outside city center	$1,246.40 £932.10	$2,034.90 ISK257,212	+63.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$256.75 £192.00	$60.87 ISK7,694	-76.3%
Average			+43.5%

Bishops Stortford vs. Reykjavik - Cost of housing

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pay 23.2% less for childcare

	Bishops Stortford	Reykjavik
Private preschool for 1 child, monthly	$1,891.86 £1,414.79	$327.78 ISK41,431	-82.7%
Middle school for 1 child, two semesters	$22,515.39 £16,837.71	$30,711.08 ISK3,881,881	+36.4%
Average			-23.2%

Bishops Stortford vs. Reykjavik - Cost of childcare

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pay 51.5% more for entertainment and sports

	Bishops Stortford	Reykjavik
Domestic/local beer (1 pint)	$6.01 £4.49	$13.12 ISK1,659	+118.4%
Cappuccino in mid-range area	$4.23 £3.16	$6.17 ISK780	+46.0%
Pack of cigarettes Marlboro or similar	$20.03 £14.98	$13.94 ISK1,761	-30.4%
Monthly membership at local gym	$55.42 £41.45	$87.35 ISK11,041	+57.6%
Movie ticket to theater/cinema	$10.35 £7.74	$17.18 ISK2,172	+66.0%
Average			+51.5%

Bishops Stortford vs. Reykjavik - Cost of entertainment and sports

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pay 2.4 times more for clothing

	Bishops Stortford	Reykjavik
Regular jeans Levi's brand	$46.74 £34.95	$145.10 ISK18,340	+210.4%
Regular dress from H&M or similar store	$40.06 £29.96	$63.97 ISK8,086	+59.7%
Running shoes Nike or Adidas	$80.13 £59.92	$193.43 ISK24,449	+141.4%
Men's business shoes (leather)	$96.82 £72.40	$248.79 ISK31,447	+157.0%
Average			+142.1%

Bishops Stortford vs. Reykjavik - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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