Cost of living comparison
Keflavik is 15.3% cheaper than London.
- Restaurants
-
pay 14.7% more in Keflavik
- Groceries
-
pay 19.2% more in Keflavik
- Transportation
-
pay 17.4% less in Keflavik
- Housing
-
pay 34.6% less in Keflavik
- Childcare
-
pay 83.8% less in Keflavik
- Entertainment and Sports
-
pay 21.8% less in Keflavik
- Clothing
-
pay 16.8% more in Keflavik
The cost of groceries, clothing, and restaurants in Keflavik are more expensive than in London. Expenses including childcare, housing, entertainment and sports, and transportation are lower in Keflavik.
If you lived in Keflavik instead of London, you would:
pay 14.7% more for restaurants
London
|
Keflavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$25.83
£18.92
|
$20.00
ISK2,418
|
|
Fast food combo meal
McDonalds, or similar
|
$10.33
£7.57
|
$15.10
ISK1,826
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.46
£1.80
|
$2.88
ISK349
|
|
Bottle of water (11 fl. oz) |
$1.85
£1.35
|
$2.19
ISK264
|
|
pay 19.2% more for groceries
London
|
Keflavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.07
£1.52
|
$3.61
ISK437
|
|
Local cheese (8 oz) |
$5.65
£4.13
|
$7.76
ISK938
|
|
Milk (1 gallon) |
$6.31
£4.62
|
$6.40
ISK774
|
|
Eggs
1 dozen
|
$4.45
£3.26
|
$5.40
ISK653
|
|
Boneless chicken breast (1 lb) |
$4.26
£3.12
|
$8.60
ISK1,040
|
|
Apples (1 lb) |
$1.56
£1.14
|
$0.92
ISK111
|
|
Bananas (1 lb) |
$0.75
£0.55
|
$0.92
ISK111
|
|
Oranges (1 lb) |
$1.44
£1.05
|
$0.98
ISK119
|
|
Tomatoes (1 lb) |
$1.79
£1.31
|
$1.50
ISK182
|
|
Potatoes (1 lb) |
$0.69
£0.50
|
$1.08
ISK130
|
|
Onions (1 lb) |
$0.70
£0.51
|
$0.60
ISK73
|
|
pay 17.4% less for transportation
London
|
Keflavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.39
£5.41
|
$8.49
ISK1,027
|
|
Monthly public transit pass |
$258.31
£189.16
|
$80.36
ISK9,718
|
|
New Volkswagen Golf 1.4 (standard edition) |
$36,531.14
£26,751.97
|
$42,450.45
ISK5,133,533
|
|
Taxi trip in downtown area (5 miles) |
$35.26
£25.82
|
$24.05
ISK2,908
|
|
pay 34.6% less for housing
London
|
Keflavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.63
£30.49
|
$64.86
ISK7,844
|
|
1-Bedroom apartment in downtown area |
$2,834.46
£2,075.69
|
$1,345.35
ISK162,693
|
|
1-Bedroom apartment outside city center |
$2,063.73
£1,511.28
|
$960.96
ISK116,209
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$263.90
£193.26
|
$31.23
ISK3,777
|
|
pay 83.8% less for childcare
London
|
Keflavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$2,333.60
£1,708.91
|
$252.14
ISK30,491
|
|
Middle school for 1 child, two semesters |
$27,892.30
£20,425.70
|
$5,993.99
ISK724,854
|
|
pay 21.8% less for entertainment and sports
London
|
Keflavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.27
£6.05
|
$7.57
ISK915
|
|
Cappuccino in mid-range area |
$4.80
£3.52
|
$3.57
ISK431
|
|
Pack of cigarettes
Marlboro or similar
|
$19.76
£14.47
|
$10.77
ISK1,303
|
|
Monthly membership at local gym |
$65.66
£48.09
|
$57.66
ISK6,973
|
|
Movie ticket to theater/cinema |
$16.14
£11.82
|
$13.33
ISK1,612
|
|
pay 16.8% more for clothing
London
|
Keflavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$96.94
£70.99
|
$108.97
ISK13,178
|
|
Regular dress
from H&M or similar store
|
$50.55
£37.02
|
$49.72
ISK6,013
|
|
Running shoes
Nike or Adidas
|
$114.87
£84.12
|
$151.85
ISK18,364
|
|
Men's business shoes (leather) |
$135.36
£99.13
|
$168.17
ISK20,337
|
|
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