Cost of living comparison
United Kingdom is 42.0% more expensive than Iceland.
If you lived in United Kingdom instead of Iceland, you would:
pay 23.1% less for restaurants
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,675
|
$18.70
£14.67
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,336
|
$9.25
£7.26
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK388
|
$2.23
£1.75
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK279
|
$1.57
£1.23
|
|
pay 26.7% less for groceries
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$1.53
£1.20
|
|
| Local cheese (8 oz) |
$7.27
ISK1,002
|
$4.35
£3.41
|
|
| Milk (1 gallon) |
$6.01
ISK828
|
$5.92
£4.65
|
|
|
Eggs
1 dozen
|
$5.42
ISK747
|
$3.77
£2.96
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,173
|
$3.70
£2.90
|
|
| Apples (1 lb) |
$1.22
ISK169
|
$1.23
£0.96
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$0.67
£0.52
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.26
£0.99
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.42
£1.11
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.65
£0.51
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.65
£0.51
|
|
pay 3.5% less for transportation
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,153
|
$7.07
£5.55
|
|
| Monthly public transit pass |
$71.28
ISK9,828
|
$98.23
£77.07
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,606,292
|
$34,832.80
£27,330.54
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,038
|
$17.15
£13.46
|
|
pay 46.4% more for housing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,951
|
$39.40
£30.92
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,429
|
$1,243.58
£975.74
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,513
|
$1,020.84
£800.97
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,999
|
$229.21
£179.84
|
|
pay 4.5 times more for childcare
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,596
|
$1,497.56
£1,175.02
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK826,452
|
$18,629.32
£14,616.96
|
|
pay 7.6% less for entertainment and sports
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,267
|
$5.63
£4.41
|
|
| Cappuccino in mid-range area |
$4.65
ISK641
|
$4.12
£3.24
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,621
|
$17.47
£13.71
|
|
| Monthly membership at local gym |
$61.46
ISK8,474
|
$45.31
£35.55
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,978
|
$12.89
£10.12
|
|
pay 37.2% less for clothing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,336
|
$78.43
£61.54
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,230
|
$40.13
£31.48
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,406
|
$90.36
£70.89
|
|
| Men's business shoes (leather) |
$184.49
ISK25,438
|
$96.72
£75.89
|
|
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