Cost of living comparison

United Kingdom

compared to

Iceland

Reykjavik vs. Gloucester Cost of Living Summary

Reykjavik is 55.9% more expensive than Gloucester.

Restaurants: pay 58.6% more in Reykjavik
Groceries: pay 89.2% more in Reykjavik
Transportation: pay 29.7% more in Reykjavik
Housing: pay 55.6% more in Reykjavik
Childcare: pay 37.7% less in Reykjavik
Entertainment and Sports: pay 50.3% more in Reykjavik
Clothing: pay 2.5 times more in Reykjavik

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

Reykjavik vs. Gloucester Cost Breakdown

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

Display currency: USD

pay 58.6% more for restaurants

	Gloucester	Reykjavik
Basic meal with drink at inexpensive restaurant	$20.03 £15.14	$27.48 ISK3,449	+37.2%
Fast food combo meal McDonalds, or similar	$10.68 £8.07	$22.76 ISK2,857	+113.0%
Bottle of Coca-Cola (11 fl. oz)	$2.54 £1.92	$3.34 ISK419	+31.1%
Bottle of water (11 fl. oz)	$1.76 £1.33	$2.70 ISK339	+53.0%
Average			+58.6%

Gloucester vs. Reykjavik - Cost of restaurants

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pay 89.2% more for groceries

	Gloucester	Reykjavik
Bread 1 loaf	$1.70 £1.29	$4.63 ISK582	+172.2%
Local cheese (8 oz)	$5.31 £4.01	$9.44 ISK1,185	+77.7%
Milk (1 gallon)	$6.51 £4.92	$7.63 ISK958	+17.2%
Eggs 1 dozen	$4.22 £3.19	$6.50 ISK816	+53.9%
Boneless chicken breast (1 lb)	$3.78 £2.86	$11.29 ISK1,418	+198.4%
Apples (1 lb)	$1.27 £0.96	$1.59 ISK200	+25.2%
Bananas (1 lb)	$0.55 £0.41	$1.17 ISK147	+114.5%
Oranges (1 lb)	$0.85 £0.64	$1.49 ISK187	+75.5%
Tomatoes (1 lb)	$1.89 £1.43	$2.54 ISK318	+34.0%
Potatoes (1 lb)	$0.70 £0.53	$1.70 ISK213	+141.5%
Onions (1 lb)	$0.66 £0.50	$1.13 ISK142	+71.2%
Average			+89.2%

Gloucester vs. Reykjavik - Cost of groceries

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pay 29.7% more for transportation

	Gloucester	Reykjavik
Gasoline (1 gallon)	$7.08 £5.35	$9.66 ISK1,213	+36.5%
Monthly public transit pass	$93.48 £70.64	$88.58 ISK11,120	-5.2%
New Volkswagen Golf 1.4 (standard edition)	$37,772.71 £28,542.16	$50,771.00 ISK6M	+34.4%
Taxi trip in downtown area (5 miles)	$18.35 £13.86	$28.07 ISK3,523	+53.0%
Average			+29.7%

Gloucester vs. Reykjavik - Cost of transportation

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pay 55.6% more for housing

	Gloucester	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$39.84 £30.10	$81.97 ISK10,289	+105.7%
1-Bedroom apartment in downtown area	$1,112.86 £840.91	$2,259.48 ISK284K	+103.0%
1-Bedroom apartment outside city center	$1,101.73 £832.50	$2,034.90 ISK255K	+84.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$210.34 £158.94	$60.87 ISK7,642	-71.1%
Average			+55.6%

Gloucester vs. Reykjavik - Cost of housing

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pay 37.7% less for childcare

	Gloucester	Reykjavik
Private preschool for 1 child, monthly	$1,068.35 £807.27	$327.78 ISK41,146	-69.3%
Middle school for 1 child, two semesters	$32,718.10 £24,722.74	$30,711.08 ISK4M	-6.1%
Average			-37.7%

Gloucester vs. Reykjavik - Cost of childcare

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pay 50.3% more for entertainment and sports

	Gloucester	Reykjavik
Domestic/local beer (1 pint)	$6.21 £4.69	$13.12 ISK1,647	+111.3%
Cappuccino in mid-range area	$4.45 £3.36	$6.17 ISK775	+38.7%
Pack of cigarettes Marlboro or similar	$19.36 £14.63	$13.94 ISK1,749	-28.0%
Monthly membership at local gym	$53.42 £40.36	$87.35 ISK10,965	+63.5%
Movie ticket to theater/cinema	$10.35 £7.82	$17.18 ISK2,157	+66.0%
Average			+50.3%

Gloucester vs. Reykjavik - Cost of entertainment and sports

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pay 2.5 times more for clothing

	Gloucester	Reykjavik
Regular jeans Levi's brand	$66.77 £50.45	$145.10 ISK18,214	+117.3%
Regular dress from H&M or similar store	$46.73 £35.31	$63.97 ISK8,030	+36.9%
Running shoes Nike or Adidas	$75.67 £57.18	$193.43 ISK24,281	+155.6%
Men's business shoes (leather)	$66.77 £50.45	$248.79 ISK31,231	+272.6%
Average			+145.6%

Gloucester 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: June 2026

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