Cost of living comparison
London is 0.0% more expensive than Iceland.
If you lived in London instead of Iceland, you would:
pay 18.6% less for restaurants
Iceland
|
London
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,705
|
$18.35
CA$25.28
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,280
|
$10.27
CA$14.16
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK375
|
$2.08
CA$2.86
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK271
|
$1.80
CA$2.48
|
|
pay 4.2% less for groceries
Iceland
|
London
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK437
|
$2.39
CA$3.30
|
|
Local cheese (8 oz) |
$6.72
ISK931
|
$7.26
CA$10.01
|
|
Milk (1 gallon) |
$6.27
ISK869
|
$6.35
CA$8.74
|
|
Eggs
1 dozen
|
$6.03
ISK836
|
$3.28
CA$4.51
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,053
|
$5.44
CA$7.49
|
|
Apples (1 lb) |
$1.13
ISK156
|
$1.93
CA$2.66
|
|
Bananas (1 lb) |
$1.01
ISK140
|
$0.57
CA$0.78
|
|
Oranges (1 lb) |
$1.15
ISK160
|
$1.52
CA$2.09
|
|
Tomatoes (1 lb) |
$1.71
ISK237
|
$1.66
CA$2.29
|
|
Potatoes (1 lb) |
$1.13
ISK157
|
$0.75
CA$1.04
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.82
CA$1.13
|
|
pay 24.9% less for transportation
Iceland
|
London
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,167
|
$4.26
CA$5.86
|
|
Monthly public transit pass |
$68.29
ISK9,466
|
$75.96
CA$104.65
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,504,456
|
$24,936.06
CA$34,355.66
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,219
|
$17.61
CA$24.27
|
|
pay 17.1% more for housing
Iceland
|
London
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,322
|
$58.12
CA$80.08
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK210,525
|
$1,708.80
CA$2,354.30
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK183,711
|
$1,419.42
CA$1,955.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,285
|
$114.45
CA$157.68
|
|
pay 86.5% more for childcare
Iceland
|
London
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,338
|
$513.72
CA$707.78
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK830,744
|
$10,274.44
CA$14,155.61
|
|
pay 23.9% less for entertainment and sports
Iceland
|
London
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,299
|
$5.14
CA$7.08
|
|
Cappuccino in mid-range area |
$4.61
ISK639
|
$3.34
CA$4.60
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,555
|
$10.27
CA$14.16
|
|
Monthly membership at local gym |
$60.00
ISK8,316
|
$49.71
CA$68.49
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,932
|
$11.01
CA$15.17
|
|
pay 31.9% less for clothing
Iceland
|
London
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK15,001
|
$66.15
CA$91.14
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,279
|
$49.54
CA$68.25
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,366
|
$99.60
CA$137.22
|
|
Men's business shoes (leather) |
$169.24
ISK23,457
|
$102.74
CA$141.56
|
|
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