Cost of living comparison
Reykjavik is 24.8% more expensive than 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
£14.88
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.25
£7.36
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.23
£1.78
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.57
£1.25
|
$2.19
ISK304
|
|
pay 65.1% more for groceries
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.53
£1.22
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$4.35
£3.46
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$5.92
£4.71
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$3.77
£3.00
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$3.70
£2.94
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.23
£0.98
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.67
£0.53
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.26
£1.00
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.42
£1.13
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.65
£0.51
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.65
£0.52
|
$0.93
ISK130
|
|
pay 14.7% more for transportation
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.07
£5.63
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$98.23
£78.17
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,832.80
£27,718.79
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$17.15
£13.65
|
$24.05
ISK3,346
|
|
pay 34.0% more for housing
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.40
£31.36
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,243.58
£989.60
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$1,020.84
£812.35
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$229.21
£182.40
|
$53.95
ISK7,507
|
|
pay 75.5% less for childcare
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,497.56
£1,191.71
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$18,629.32
£14,824.60
|
$5,993.99
ISK833,944
|
|
pay 32.0% more for entertainment and sports
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.63
£4.48
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$4.12
£3.28
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.47
£13.90
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$45.31
£36.06
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$12.89
£10.26
|
$14.77
ISK2,056
|
|
pay 57.9% more for clothing
|
United Kingdom
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$78.43
£62.41
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$40.13
£31.93
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$90.36
£71.90
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$96.72
£76.97
|
$194.16
ISK27,013
|
|
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