Cost of living comparison

compared to

Reykjavik vs. Bournemouth Cost of Living Summary

Reykjavik is 44.4% more expensive than Bournemouth.

Restaurants
pay 67.7% more in Reykjavik
Groceries
pay 2.1 times more in Reykjavik
Transportation
pay 23.9% more in Reykjavik
Housing
pay 35.6% more in Reykjavik
Childcare
pay 47.7% less in Reykjavik
Entertainment and Sports
pay 43.2% more in Reykjavik
Clothing
pay 74.4% more in Reykjavik

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

Reykjavik vs. Bournemouth Cost Breakdown

If you lived in Reykjavik instead of Bournemouth, you would:

pay 67.7% more for restaurants

 
Bournemouth
Reykjavik
Basic meal with drink at inexpensive restaurant $20.03
£14.86
$27.48
ISK3,379
Fast food combo meal
McDonalds, or similar
$9.35
£6.93
$22.76
ISK2,799
Bottle of Coca-Cola (11 fl. oz) $2.59
£1.92
$3.34
ISK410

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pay 2.1 times more for groceries

 
Bournemouth
Reykjavik
Bread
1 loaf
$1.23
£0.91
$4.63
ISK570
Local cheese (8 oz) $4.84
£3.59
$9.44
ISK1,161
Milk (1 gallon) $6.31
£4.68
$7.63
ISK938

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pay 23.9% more for transportation

 
Bournemouth
Reykjavik
Gasoline (1 gallon) $7.16
£5.31
$9.66
ISK1,188
Monthly public transit pass $84.80
£62.91
$88.58
ISK10,895
New Volkswagen Golf 1.4 (standard edition) $37,772.71
£28,022.33
$50,771.00
ISK6M

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pay 35.6% more for housing

 
Bournemouth
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$46.21
£34.28
$81.97
ISK10,081
1-Bedroom apartment in downtown area $1,327.42
£984.77
$2,259.48
ISK278K
1-Bedroom apartment outside city center $1,168.50
£866.87
$2,034.90
ISK250K

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pay 47.7% less for childcare

 
Bournemouth
Reykjavik
Private preschool for 1 child, monthly $2,270.24
£1,684.21
$327.78
ISK40,314
Middle school for 1 child, two semesters $34,053.53
£25,263.19
$30,711.08
ISK4M

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pay 43.2% more for entertainment and sports

 
Bournemouth
Reykjavik
Domestic/local beer (1 pint) $6.68
£4.95
$13.12
ISK1,614
Cappuccino in mid-range area $4.41
£3.27
$6.17
ISK759
Pack of cigarettes
Marlboro or similar
$22.13
£16.42
$13.94
ISK1,714

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pay 74.4% more for clothing

 
Bournemouth
Reykjavik
Regular jeans
Levi's brand
$93.48
£69.35
$145.10
ISK17,845
Regular dress
from H&M or similar store
$66.10
£49.04
$63.97
ISK7,867
Running shoes
Nike or Adidas
$100.16
£74.30
$193.43
ISK23,790

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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: February 2026
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