Cost of living comparison
United Kingdom is 38.4% more expensive than Iceland.
If you lived in United Kingdom instead of Iceland, you would:
pay 24.0% less for restaurants
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,707
|
$18.07
£13.99
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,282
|
$8.96
£6.93
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK375
|
$2.14
£1.65
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK271
|
$1.52
£1.18
|
|
pay 26.0% less for groceries
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK438
|
$1.46
£1.13
|
|
| Local cheese (8 oz) |
$6.72
ISK932
|
$4.24
£3.28
|
|
| Milk (1 gallon) |
$6.27
ISK870
|
$5.75
£4.46
|
|
|
Eggs
1 dozen
|
$6.03
ISK837
|
$3.68
£2.85
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,055
|
$3.66
£2.83
|
|
| Apples (1 lb) |
$1.13
ISK156
|
$1.20
£0.93
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.67
£0.52
|
|
| Oranges (1 lb) |
$1.15
ISK160
|
$1.22
£0.95
|
|
| Tomatoes (1 lb) |
$1.71
ISK238
|
$1.40
£1.09
|
|
| Potatoes (1 lb) |
$1.13
ISK157
|
$0.63
£0.49
|
|
| Onions (1 lb) |
$0.68
ISK95
|
$0.60
£0.47
|
|
pay 4.5% less for transportation
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,168
|
$7.22
£5.59
|
|
| Monthly public transit pass |
$68.29
ISK9,475
|
$94.64
£73.27
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,510,016
|
$33,464.66
£25,906.46
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,223
|
$16.98
£13.15
|
|
pay 38.6% more for housing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,332
|
$37.59
£29.10
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK210,738
|
$1,224.35
£947.83
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK183,897
|
$974.65
£754.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,294
|
$234.45
£181.50
|
|
pay 4.3 times more for childcare
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,374
|
$1,426.61
£1,104.40
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK831,583
|
$18,036.83
£13,963.11
|
|
pay 9.2% less for entertainment and sports
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,301
|
$5.42
£4.19
|
|
| Cappuccino in mid-range area |
$4.61
ISK640
|
$3.93
£3.04
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,556
|
$16.35
£12.66
|
|
| Monthly membership at local gym |
$60.00
ISK8,325
|
$43.82
£33.92
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,934
|
$12.87
£9.97
|
|
pay 36.3% less for clothing
|
Iceland
|
United Kingdom
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK15,016
|
$76.61
£59.31
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,287
|
$39.64
£30.69
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,387
|
$90.51
£70.07
|
|
| Men's business shoes (leather) |
$169.24
ISK23,480
|
$94.66
£73.28
|
|
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