Iceland vs. Guernsey Cost of Living Summary

Iceland is 31.3% more expensive than Guernsey overall.

Restaurants
pay 50.5% more in Iceland
Groceries
pay 9.5% more in Iceland
Transportation
pay 52.3% more in Iceland
Housing
pay 9.3% less in Iceland
Childcare
pay 6.1% less in Iceland
Entertainment and Sports
pay 30.4% more in Iceland
Clothing
pay 91.8% more in Iceland

The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Iceland are more expensive than in Guernsey. Expenses including housing and childcare are lower in Iceland. Notably, clothing is significantly more expensive in Iceland.

Iceland vs. Guernsey Cost Breakdown

If you lived in Iceland instead of Guernsey, you would:

pay 50.5% more for restaurants

 
Guernsey
Iceland
Basic meal with drink at inexpensive restaurant $20.37
£15.22
$26.52
ISK3,332
Fast food combo meal
McDonalds, or similar
$9.34
£6.99
$21.32
ISK2,678
Bottle of Coca-Cola (11 fl. oz) $2.71
£2.03
$3.11
ISK391

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pay 9.5% more for groceries

 
Guernsey
Iceland
Bread
1 loaf
$2.37
£1.77
$3.80
ISK478
Local cheese (8 oz) $7.67
£5.74
$9.44
ISK1,186
Milk (1 gallon) $8.67
£6.48
$7.78
ISK977

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pay 52.3% more for transportation

 
Guernsey
Iceland
Gasoline (1 gallon) $8.08
£6.04
$9.65
ISK1,213
Monthly public transit pass $33.39
£24.96
$79.56
ISK9,995
New Volkswagen Golf 1.4 (standard edition) $32,714.76
£24,454.15
$49,144.25
ISK6,173,992

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pay 9.3% less for housing

 
Guernsey
Iceland
Internet connection
50 mbps or faster, cable/dsl
$69.94
£52.28
$95.65
ISK12,016
1-Bedroom apartment in downtown area $2,270.24
£1,696.99
$2,289.17
ISK287,588
1-Bedroom apartment outside city center $2,086.61
£1,559.74
$1,830.04
ISK229,909

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pay 6.1% less for childcare

 
Guernsey
Iceland
Private preschool for 1 child, monthly $1,925.25
£1,439.12
$334.67
ISK42,044
Middle school for 1 child, two semesters $18,028.34
£13,476.11
$30,711.08
ISK3,858,233

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pay 30.4% more for entertainment and sports

 
Guernsey
Iceland
Domestic/local beer (1 pint) $6.34
£4.74
$11.14
ISK1,400
Cappuccino in mid-range area $4.74
£3.54
$5.62
ISK707
Pack of cigarettes
Marlboro or similar
$15.36
£11.48
$13.90
ISK1,746

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pay 91.8% more for clothing

 
Guernsey
Iceland
Regular jeans
Levi's brand
$96.82
£72.37
$130.91
ISK16,446
Regular dress
from H&M or similar store
$30.05
£22.46
$61.83
ISK7,768
Running shoes
Nike or Adidas
$95.15
£71.12
$163.81
ISK20,580

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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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