Cost of living comparison
Reykjavik is 24.8% more expensive than United Kingdom overall.
- Restaurants
-
pay 45.6% more in Reykjavik
- Groceries
-
pay 65.1% more in Reykjavik
- Transportation
-
pay 14.7% more in Reykjavik
- Housing
-
pay 34.0% more in Reykjavik
- Childcare
-
pay 75.5% less in Reykjavik
- Entertainment and Sports
-
pay 32.0% more in Reykjavik
- Clothing
-
pay 57.9% more in Reykjavik
The cost of groceries, clothing, restaurants, housing, entertainment and sports, and transportation in Reykjavik are more expensive than in United Kingdom.
If you lived in Reykjavik instead of United Kingdom, you would:
pay 45.6% more for restaurants
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.70
£14.45
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.25
£7.15
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.23
£1.73
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$1.57
£1.21
|
$2.19
ISK294
|
|
pay 65.1% more for groceries
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.53
£1.18
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$4.35
£3.36
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$5.92
£4.58
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$3.77
£2.91
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$3.70
£2.86
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$1.23
£0.95
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$0.67
£0.51
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$1.26
£0.97
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$1.42
£1.09
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$0.65
£0.50
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$0.65
£0.50
|
$0.93
ISK126
|
|
pay 14.7% more for transportation
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.07
£5.47
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$98.23
£75.90
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,832.80
£26,913.49
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) |
$17.15
£13.25
|
$24.05
ISK3,234
|
|
pay 34.0% more for housing
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.40
£30.45
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$1,243.58
£960.85
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$1,020.84
£788.75
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$229.21
£177.10
|
$53.95
ISK7,255
|
|
pay 75.5% less for childcare
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,497.56
£1,157.09
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters |
$18,629.32
£14,393.91
|
$5,993.99
ISK805,952
|
|
pay 32.0% more for entertainment and sports
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.63
£4.35
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$4.12
£3.19
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.47
£13.50
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$45.31
£35.01
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$12.89
£9.96
|
$14.77
ISK1,987
|
|
pay 57.9% more for clothing
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$78.43
£60.60
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$40.13
£31.00
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$90.36
£69.81
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$96.72
£74.73
|
$194.16
ISK26,106
|
|
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