Cost of living comparison
United Kingdom is 42.0% more expensive than Iceland overall.
- Restaurants
-
pay 23.1% less in United Kingdom
- Groceries
-
pay 26.7% less in United Kingdom
- Transportation
-
pay 3.5% less in United Kingdom
- Housing
-
pay 46.4% more in United Kingdom
- Childcare
-
pay 4.5 times more in United Kingdom
- Entertainment and Sports
-
pay 7.6% less in United Kingdom
- Clothing
-
pay 37.2% less in United Kingdom
The cost of childcare and housing in United Kingdom are more expensive than in Iceland. Expenses including clothing, groceries, restaurants, entertainment and sports, and transportation are lower in United Kingdom. Notably, childcare is significantly more expensive in United Kingdom.
If you lived in United Kingdom instead of Iceland, you would:
pay 23.1% less for restaurants
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,711
|
$18.70
£15.05
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,368
|
$9.25
£7.45
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK393
|
$2.23
£1.80
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK283
|
$1.57
£1.26
|
|
pay 26.7% less for groceries
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK413
|
$1.53
£1.23
|
|
| Local cheese (8 oz) |
$7.27
ISK1,016
|
$4.35
£3.50
|
|
| Milk (1 gallon) |
$6.01
ISK840
|
$5.92
£4.77
|
|
|
Eggs
1 dozen
|
$5.42
ISK757
|
$3.77
£3.03
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,189
|
$3.70
£2.98
|
|
| Apples (1 lb) |
$1.22
ISK171
|
$1.23
£0.99
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.67
£0.54
|
|
| Oranges (1 lb) |
$1.17
ISK164
|
$1.26
£1.01
|
|
| Tomatoes (1 lb) |
$1.87
ISK262
|
$1.42
£1.14
|
|
| Potatoes (1 lb) |
$1.23
ISK173
|
$0.65
£0.52
|
|
| Onions (1 lb) |
$0.78
ISK110
|
$0.65
£0.52
|
|
pay 3.5% less for transportation
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,169
|
$7.07
£5.69
|
|
| Monthly public transit pass |
$71.28
ISK9,963
|
$98.23
£79.07
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,683,547
|
$34,832.80
£28,038.97
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,080
|
$17.15
£13.80
|
|
pay 46.4% more for housing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,089
|
$39.40
£31.72
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK256,921
|
$1,243.58
£1,001.03
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK209,358
|
$1,020.84
£821.73
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,109
|
$229.21
£184.51
|
|
pay 4.5 times more for childcare
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK36,086
|
$1,497.56
£1,205.48
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,840
|
$18,629.32
£14,995.84
|
|
pay 7.6% less for entertainment and sports
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,284
|
$5.63
£4.53
|
|
| Cappuccino in mid-range area |
$4.65
ISK650
|
$4.12
£3.32
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,643
|
$17.47
£14.06
|
|
| Monthly membership at local gym |
$61.46
ISK8,591
|
$45.31
£36.48
|
|
| Movie ticket to theater/cinema |
$14.35
ISK2,006
|
$12.89
£10.38
|
|
pay 37.2% less for clothing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,548
|
$78.43
£63.13
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,343
|
$40.13
£32.30
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,687
|
$90.36
£72.73
|
|
| Men's business shoes (leather) |
$184.49
ISK25,789
|
$96.72
£77.86
|
|
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