Cost of living comparison
compared to
Isle of Man vs. Reykjavik Cost of Living Summary
Isle of Man is 18.3% more expensive than Reykjavik.
- Restaurants
-
pay 23.4% less in Isle of Man
- Groceries
-
pay 27.1% less in Isle of Man
- Transportation
-
pay 20.7% less in Isle of Man
- Housing
-
pay 44.1% more in Isle of Man
- Childcare
-
pay 3.1 times more in Isle of Man
- Entertainment and Sports
-
pay 7.8% less in Isle of Man
- Clothing
-
pay 43.4% less in Isle of Man
The cost of childcare and housing in Isle of Man are more expensive than in Reykjavik. Expenses including clothing, groceries, restaurants, transportation, and entertainment and sports are lower in Isle of Man. Notably, childcare is significantly more expensive in Isle of Man.
Isle of Man vs. Reykjavik Cost Breakdown
If you lived in Isle of Man instead of Reykjavik, you would:
pay 23.4% less for restaurants
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$29.38
£22.02
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$10.14
£7.60
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$2.70
£2.02
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$1.99
£1.49
|
|
Reykjavik vs. Isle of Man - Cost of restaurants
pay 27.1% less for groceries
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$2.25
£1.69
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$3.56
£2.67
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$8.28
£6.21
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$4.99
£3.74
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$3.63
£2.72
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$1.10
£0.82
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$0.82
£0.61
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.30
£0.98
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$1.79
£1.35
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.36
£1.02
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$1.36
£1.02
|
|
Reykjavik vs. Isle of Man - Cost of groceries
pay 20.7% less for transportation
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$7.98
£5.98
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
$89.03
£66.74
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$34,200.43
£25,637.50
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$18.70
£14.02
|
|
Reykjavik vs. Isle of Man - Cost of transportation
pay 44.1% more for housing
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$74.34
£55.73
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$1,259.12
£943.87
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$1,096.96
£822.31
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$228.92
£171.61
|
|
Reykjavik vs. Isle of Man - Cost of housing
pay 3.1 times more for childcare
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$1,671.96
£1,253.34
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$31,716.53
£23,775.50
|
|
Reykjavik vs. Isle of Man - Cost of childcare
pay 7.8% less for entertainment and sports
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$6.54
£4.91
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$5.23
£3.92
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$22.03
£16.52
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$65.44
£49.05
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$16.03
£12.01
|
|
Reykjavik vs. Isle of Man - Cost of entertainment and sports
pay 43.4% less for clothing
|
Reykjavik
|
Isle of Man
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$96.82
£72.58
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$45.07
£33.78
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$112.40
£84.26
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$77.90
£58.40
|
|
Reykjavik vs. Isle of Man - Cost of clothing
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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See the
cost of living in Iceland vs. Isle of Man.
This provides a comparison of the average cost of living from cities within Iceland and Isle of Man.
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