Cost of living comparison
United Kingdom is 38.2% more expensive than Reykjavik.
If you lived in United Kingdom instead of Reykjavik, you would:
pay 29.3% less for restaurants
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,962
|
$18.07
£13.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,370
|
$8.96
£6.81
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK398
|
$2.14
£1.62
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK284
|
$1.52
£1.16
|
|
pay 36.0% less for groceries
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK506
|
$1.46
£1.11
|
|
| Local cheese (8 oz) |
$7.66
ISK1,051
|
$4.24
£3.22
|
|
| Milk (1 gallon) |
$6.16
ISK846
|
$5.75
£4.38
|
|
|
Eggs
1 dozen
|
$5.91
ISK811
|
$3.68
£2.80
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,218
|
$3.66
£2.78
|
|
| Apples (1 lb) |
$1.53
ISK210
|
$1.20
£0.91
|
|
| Bananas (1 lb) |
$0.97
ISK133
|
$0.67
£0.51
|
|
| Oranges (1 lb) |
$1.26
ISK173
|
$1.22
£0.93
|
|
| Tomatoes (1 lb) |
$2.23
ISK306
|
$1.40
£1.07
|
|
| Potatoes (1 lb) |
$1.42
ISK194
|
$0.63
£0.48
|
|
| Onions (1 lb) |
$1.01
ISK139
|
$0.60
£0.46
|
|
pay 5.3% less for transportation
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,177
|
$7.22
£5.49
|
|
| Monthly public transit pass |
$66.92
ISK9,184
|
$94.64
£71.95
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,717,510
|
$33,464.66
£25,441.84
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,197
|
$16.98
£12.91
|
|
pay 35.7% more for housing
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,394
|
$37.59
£28.58
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK255,834
|
$1,224.35
£930.83
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK228,669
|
$974.65
£740.99
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,843
|
$234.45
£178.24
|
|
pay 4.5 times more for childcare
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK32,988
|
$1,426.61
£1,084.60
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK821,254
|
$18,036.83
£13,712.68
|
|
pay 15.7% less for entertainment and sports
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,481
|
$5.42
£4.12
|
|
| Cappuccino in mid-range area |
$5.09
ISK698
|
$3.93
£2.99
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,629
|
$16.35
£12.43
|
|
| Monthly membership at local gym |
$65.50
ISK8,990
|
$43.82
£33.31
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,975
|
$12.87
£9.79
|
|
pay 29.2% less for clothing
|
Reykjavik
|
United Kingdom
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,265
|
$76.61
£58.25
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,969
|
$39.64
£30.14
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,416
|
$90.51
£68.81
|
|
| Men's business shoes (leather) |
$174.65
ISK23,969
|
$94.66
£71.97
|
|
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