Cost of living comparison

compared to

Southampton vs. Reykjavik Cost of Living Summary

Southampton is 5.9% more expensive than Reykjavik.

Restaurants
pay 34.2% less in Southampton
Groceries
pay 38.2% less in Southampton
Transportation
pay 20.5% less in Southampton
Housing
pay 30.0% more in Southampton
Childcare
pay 2.6 times more in Southampton
Entertainment and Sports
pay 23.7% less in Southampton
Clothing
pay 30.9% less in Southampton

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

Southampton vs. Reykjavik Cost Breakdown

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

pay 34.2% less for restaurants

 
Reykjavik
Southampton
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$22.70
£16.98
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$9.68
£7.24
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$2.35
£1.76

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pay 38.2% less for groceries

 
Reykjavik
Southampton
Bread
1 loaf
$4.63
ISK586
$1.50
£1.12
Local cheese (8 oz) $9.44
ISK1,193
$4.65
£3.48
Milk (1 gallon) $7.63
ISK964
$6.20
£4.63

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pay 20.5% less for transportation

 
Reykjavik
Southampton
Gasoline (1 gallon) $9.66
ISK1,221
$7.15
£5.35
Monthly public transit pass $88.58
ISK11,197
$86.14
£64.41
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$37,772.71
£28,247.61

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pay 30.0% more for housing

 
Reykjavik
Southampton
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$39.23
£29.34
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,370.15
£1,024.64
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,147.14
£857.86

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pay 2.6 times more for childcare

 
Reykjavik
Southampton
Private preschool for 1 child, monthly $327.78
ISK41,431
$1,502.36
£1,123.51
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$18,028.34
£13,482.15

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pay 23.7% less for entertainment and sports

 
Reykjavik
Southampton
Domestic/local beer (1 pint) $13.12
ISK1,659
$8.01
£5.99
Cappuccino in mid-range area $6.17
ISK780
$4.82
£3.60
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$17.36
£12.98

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pay 30.9% less for clothing

 
Reykjavik
Southampton
Regular jeans
Levi's brand
$145.10
ISK18,340
$113.51
£84.89
Regular dress
from H&M or similar store
$63.97
ISK8,086
$52.08
£38.95
Running shoes
Nike or Adidas
$193.43
ISK24,449
$114.62
£85.72

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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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