Cost of living comparison

compared to

Norwich vs. Reykjavik Cost of Living Summary

Norwich is 2.8% more expensive than Reykjavik.

Restaurants
pay 28.4% less in Norwich
Groceries
pay 39.0% less in Norwich
Transportation
pay 23.4% less in Norwich
Housing
pay 42.6% more in Norwich
Childcare
pay 2.3 times more in Norwich
Entertainment and Sports
pay 20.3% less in Norwich
Clothing
pay 40.5% less in Norwich

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

Norwich vs. Reykjavik Cost Breakdown

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

pay 28.4% less for restaurants

 
Reykjavik
Norwich
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$22.03
£16.48
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$10.68
£7.99
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$3.07
£2.30

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pay 39.0% less for groceries

 
Reykjavik
Norwich
Bread
1 loaf
$4.63
ISK586
$2.34
£1.75
Local cheese (8 oz) $9.44
ISK1,193
$4.07
£3.05
Milk (1 gallon) $7.63
ISK964
$5.31
£3.97

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pay 23.4% less for transportation

 
Reykjavik
Norwich
Gasoline (1 gallon) $9.66
ISK1,221
$7.12
£5.33
Monthly public transit pass $88.58
ISK11,197
$92.81
£69.41
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$37,772.71
£28,247.61

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pay 42.6% more for housing

 
Reykjavik
Norwich
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$36.50
£27.30
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,247.29
£932.77
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$994.90
£744.02

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pay 2.3 times more for childcare

 
Reykjavik
Norwich
Private preschool for 1 child, monthly $327.78
ISK41,431
$1,368.82
£1,023.64
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$12,285.98
£9,187.84

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pay 20.3% less for entertainment and sports

 
Reykjavik
Norwich
Domestic/local beer (1 pint) $13.12
ISK1,659
$7.18
£5.37
Cappuccino in mid-range area $6.17
ISK780
$4.57
£3.42
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$18.70
£13.98

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pay 40.5% less for clothing

 
Reykjavik
Norwich
Regular jeans
Levi's brand
$145.10
ISK18,340
$115.18
£86.14
Regular dress
from H&M or similar store
$63.97
ISK8,086
$50.08
£37.45
Running shoes
Nike or Adidas
$193.43
ISK24,449
$80.13
£59.92

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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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