Cost of living comparison

compared to

Tamworth vs. Reykjavik Cost of Living Summary

Tamworth is 3.0% more expensive than Reykjavik.

Restaurants: pay 39.8% less in Tamworth
Groceries: pay 45.7% less in Tamworth
Transportation: pay 30.3% less in Tamworth
Housing: pay 2.1 times more in Tamworth
Childcare: pay 88.0% more in Tamworth
Entertainment and Sports: pay 21.7% less in Tamworth
Clothing: pay 40.0% less in Tamworth

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

Tamworth vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 39.8% less for restaurants

	Reykjavik	Tamworth
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,420	$20.03 £15.10	-27.1%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,833	$9.35 £7.05	-58.9%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK415	$2.23 £1.68	-33.3%
Bottle of water (11 fl. oz)	$2.70 ISK336	$1.62 £1.22	-39.8%
Average			-39.8%

Reykjavik vs. Tamworth - Cost of restaurants

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pay 45.7% less for groceries

	Reykjavik	Tamworth
Bread 1 loaf	$4.63 ISK577	$1.42 £1.07	-69.4%
Local cheese (8 oz)	$9.44 ISK1,175	$5.55 £4.19	-41.2%
Milk (1 gallon)	$7.63 ISK950	$6.48 £4.88	-15.1%
Eggs 1 dozen	$6.50 ISK809	$3.53 £2.66	-45.7%
Boneless chicken breast (1 lb)	$11.29 ISK1,406	$3.76 £2.83	-66.7%
Apples (1 lb)	$1.59 ISK198	$1.02 £0.77	-35.6%
Bananas (1 lb)	$1.17 ISK146	$0.61 £0.46	-48.2%
Oranges (1 lb)	$1.49 ISK185	$0.99 £0.75	-33.5%
Tomatoes (1 lb)	$2.54 ISK316	$1.39 £1.05	-45.0%
Potatoes (1 lb)	$1.70 ISK211	$0.58 £0.44	-65.6%
Onions (1 lb)	$1.13 ISK141	$0.72 £0.54	-36.6%
Average			-45.7%

Reykjavik vs. Tamworth - Cost of groceries

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pay 30.3% less for transportation

	Reykjavik	Tamworth
Gasoline (1 gallon)	$9.66 ISK1,202	$7.23 £5.45	-25.2%
Monthly public transit pass	$88.58 ISK11,027	??
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6M	$37,772.71 £28,471.71	-25.6%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,494	$16.79 £12.66	-40.2%
Average			-30.3%

Reykjavik vs. Tamworth - Cost of transportation

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pay 2.1 times more for housing

	Reykjavik	Tamworth
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,203	$42.47 £32.01	-48.2%
1-Bedroom apartment in downtown area	$2,259.48 ISK281K	??
1-Bedroom apartment outside city center	$2,034.90 ISK253K	??
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,578	$224.67 £169.35	+269.1%
Average			+110.5%

Reykjavik vs. Tamworth - Cost of housing

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pay 88.0% more for childcare

	Reykjavik	Tamworth
Private preschool for 1 child, monthly	$327.78 ISK40,802	$1,030.17 £776.51	+214.3%
Middle school for 1 child, two semesters	$30,711.08 ISK4M	$18,918.63 £14,260.18	-38.4%
Average			+88.0%

Reykjavik vs. Tamworth - Cost of childcare

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pay 21.7% less for entertainment and sports

	Reykjavik	Tamworth
Domestic/local beer (1 pint)	$13.12 ISK1,634	$6.01 £4.53	-54.2%
Cappuccino in mid-range area	$6.17 ISK768	$4.51 £3.40	-27.0%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,735	$20.03 £15.10	+43.7%
Monthly membership at local gym	$87.35 ISK10,874	$37.84 £28.52	-56.7%
Movie ticket to theater/cinema	$17.18 ISK2,139	$14.69 £11.07	-14.5%
Average			-21.7%

Reykjavik vs. Tamworth - Cost of entertainment and sports

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pay 40.0% less for clothing

	Reykjavik	Tamworth
Regular jeans Levi's brand	$145.10 ISK18,062	$93.48 £70.46	-35.6%
Regular dress from H&M or similar store	$63.97 ISK7,963	$46.74 £35.23	-26.9%
Running shoes Nike or Adidas	$193.43 ISK24,078	$117.96 £88.92	-39.0%
Men's business shoes (leather)	$248.79 ISK30,970	$103.50 £78.01	-58.4%
Average			-40.0%

Reykjavik vs. Tamworth - Cost of clothing

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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: April 2026

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