Cost of living comparison

compared to

Londonderry vs. Reykjavik Cost of Living Summary

Londonderry is 16.5% cheaper than Reykjavik.

Restaurants
pay 44.7% less in Londonderry
Groceries
pay 45.6% less in Londonderry
Transportation
pay 25.6% less in Londonderry
Housing
pay 28.6% less in Londonderry
Childcare
pay 2.0 times more in Londonderry
Entertainment and Sports
pay 26.5% less in Londonderry
Clothing
pay 47.9% less in Londonderry

Expenses including clothing, groceries, restaurants, housing, entertainment and sports, and transportation are lower in Londonderry. Notably, childcare is significantly more expensive in Londonderry.

Londonderry vs. Reykjavik Cost Breakdown

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

pay 44.7% less for restaurants

 
Reykjavik
Londonderry
Basic meal with drink at inexpensive restaurant $27.48
ISK3,452
$17.36
£12.98
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,859
$10.02
£7.49
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK419
$2.00
£1.49

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pay 45.6% less for groceries

 
Reykjavik
Londonderry
Bread
1 loaf
$4.63
ISK582
$1.31
£0.98
Local cheese (8 oz) $9.44
ISK1,186
$3.81
£2.85
Milk (1 gallon) $7.63
ISK959
$6.28
£4.69

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pay 25.6% less for transportation

 
Reykjavik
Londonderry
Gasoline (1 gallon) $9.66
ISK1,214
$7.18
£5.37
Monthly public transit pass $88.58
ISK11,129
$53.42
£39.93
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,378,360
$37,772.71
£28,234.95

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pay 28.6% less for housing

 
Reykjavik
Londonderry
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,298
$39.59
£29.60
1-Bedroom apartment in downtown area $2,259.48
ISK283,859
$834.65
£623.89
1-Bedroom apartment outside city center $2,034.90
ISK255,645
$667.72
£499.12

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pay 2.0 times more for childcare

 
Reykjavik
Londonderry
Private preschool for 1 child, monthly $327.78
ISK41,179
$1,139.57
£851.82
Middle school for 1 child, two semesters $30,711.08
ISK3,858,233
$18,028.34
£13,476.11

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pay 26.5% less for entertainment and sports

 
Reykjavik
Londonderry
Domestic/local beer (1 pint) $13.12
ISK1,649
$5.68
£4.24
Cappuccino in mid-range area $6.17
ISK776
$4.45
£3.33
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,751
$20.83
£15.57

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pay 47.9% less for clothing

 
Reykjavik
Londonderry
Regular jeans
Levi's brand
$145.10
ISK18,228
$96.82
£72.37
Regular dress
from H&M or similar store
$63.97
ISK8,036
$40.06
£29.95
Running shoes
Nike or Adidas
$193.43
ISK24,301
$103.50
£77.36

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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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