Cost of living comparison

compared to

Croydon vs. Reykjavik Cost of Living Summary

Croydon is 21.6% cheaper than Reykjavik.

Restaurants
pay 37.0% less in Croydon
Groceries
pay 43.5% less in Croydon
Transportation
pay 0.6% more in Croydon
Housing
pay 6.4% less in Croydon
Childcare
pay 29.5% more in Croydon
Entertainment and Sports
pay 37.8% less in Croydon
Clothing
pay 40.7% less in Croydon

The cost of childcare and transportation in Croydon are more expensive than in Reykjavik. Expenses including groceries, clothing, entertainment and sports, restaurants, and housing are lower in Croydon.

Croydon vs. Reykjavik Cost Breakdown

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

pay 37.0% less for restaurants

 
Reykjavik
Croydon
Basic meal with drink at inexpensive restaurant $31.06
ISK3,784
$26.43
£19.73
Fast food combo meal
McDonalds, or similar
$26.97
ISK3,286
$10.23
£7.64
Bottle of Coca-Cola (11 fl. oz) $3.31
ISK404
$2.87
£2.15

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pay 43.5% less for groceries

 
Reykjavik
Croydon
Bread
1 loaf
$4.19
ISK511
$1.45
£1.08
Local cheese (8 oz) $10.93
ISK1,332
$5.59
£4.17
Milk (1 gallon) $7.78
ISK947
$6.35
£4.74

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pay 0.6% more for transportation

 
Reykjavik
Croydon
Gasoline (1 gallon) $7.76
ISK946
$7.68
£5.73
Monthly public transit pass $94.80
ISK11,550
$132.14
£98.64
New Volkswagen Golf 1.4 (standard edition) $50,588.43
ISK6M
$38,182.92
£28,501.11

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pay 6.4% less for housing

 
Reykjavik
Croydon
Internet connection
50 mbps or faster, cable/dsl
$86.01
ISK10,478
$40.48
£30.22
1-Bedroom apartment in downtown area $2,522.88
ISK307K
$1,866.53
£1,393.24
1-Bedroom apartment outside city center $2,032.25
ISK248K
$1,600.59
£1,194.74

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pay 29.5% more for childcare

 
Reykjavik
Croydon
Private preschool for 1 child, monthly $1,185.23
ISK144K
$1,767.42
£1,319.27
Middle school for 1 child, two semesters $25,853.51
ISK3M
$29,071.61
£21,700.10

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pay 37.8% less for entertainment and sports

 
Reykjavik
Croydon
Domestic/local beer (1 pint) $13.89
ISK1,693
$8.59
£6.41
Cappuccino in mid-range area $6.74
ISK821
$4.89
£3.65
Pack of cigarettes
Marlboro or similar
$13.89
ISK1,693
$23.46
£17.51

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pay 40.7% less for clothing

 
Reykjavik
Croydon
Regular jeans
Levi's brand
$149.01
ISK18,154
$74.88
£55.89
Regular dress
from H&M or similar store
$65.79
ISK8,015
$53.96
£40.28
Running shoes
Nike or Adidas
$181.84
ISK22,154
$91.18
£68.06

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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