Cost of living comparison

compared to

Luton vs. Reykjavik Cost of Living Summary

Luton is 20.1% more expensive than Reykjavik.

Restaurants
pay 50.4% less in Luton
Groceries
pay 51.8% less in Luton
Transportation
pay 20.2% less in Luton
Housing
pay 43.3% more in Luton
Childcare
pay 3.8 times more in Luton
Entertainment and Sports
pay 23.5% less in Luton
Clothing
pay 39.2% less in Luton

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

Luton vs. Reykjavik Cost Breakdown

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

pay 50.4% less for restaurants

 
Reykjavik
Luton
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$13.69
£10.24
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$8.01
£5.99
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$1.95
£1.46

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pay 51.8% less for groceries

 
Reykjavik
Luton
Bread
1 loaf
$4.63
ISK586
$1.31
£0.98
Local cheese (8 oz) $9.44
ISK1,193
$3.34
£2.50
Milk (1 gallon) $7.63
ISK964
$6.47
£4.84

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pay 20.2% less for transportation

 
Reykjavik
Luton
Gasoline (1 gallon) $9.66
ISK1,221
$7.18
£5.37
Monthly public transit pass $88.58
ISK11,197
$83.46
£62.42
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$35,475.77
£26,529.88

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pay 43.3% more for housing

 
Reykjavik
Luton
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$41.26
£30.86
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,485.67
£1,111.03
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,268.66
£948.74

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pay 3.8 times more for childcare

 
Reykjavik
Luton
Private preschool for 1 child, monthly $327.78
ISK41,431
$2,228.30
£1,666.39
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$26,263.51
£19,640.67

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pay 23.5% less for entertainment and sports

 
Reykjavik
Luton
Domestic/local beer (1 pint) $13.12
ISK1,659
$6.01
£4.49
Cappuccino in mid-range area $6.17
ISK780
$4.76
£3.56
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$20.03
£14.98

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pay 39.2% less for clothing

 
Reykjavik
Luton
Regular jeans
Levi's brand
$145.10
ISK18,340
$95.71
£71.57
Regular dress
from H&M or similar store
$63.97
ISK8,086
$51.19
£38.28
Running shoes
Nike or Adidas
$193.43
ISK24,449
$91.57
£68.48

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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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