Cost of living in Reykjavik (Iceland) is 37% more expensive than in Birmingham (United Kingdom)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 321 prices entered by 56 different people.
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Currency:
| Food | + 67% | |||
|---|---|---|---|---|
| Food in Reykjavik (Iceland) is 67% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,482 kr (£21) | £12 | + 69% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,721 kr (£16) | £8 | + 112% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,217 kr (£7) | £4.29 | + 69% | |
| 1 liter (1 qt.) of whole fat milk | 219 kr (£1.30) | £1.31 | - 1% | |
| 12 eggs, large | 857 kr (£5.10) | £4.07 | + 25% | |
| 1 kg (2 lb.) of tomatoes | 625 kr (£3.72) | £2.24 | + 66% | |
| 500 gr (16 oz.) of local cheese | 1,184 kr (£7) | £4.82 | + 46% | |
| 1 kg (2 lb.) of apples | 313 kr (£1.86) | £2.60 | - 28% | |
| 1 kg (2 lb.) of potatoes | 400 kr (£2.38) | £1.11 | + 115% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 466 kr (£2.77) | £1.50 | + 85% | |
| 1 bottle of red table wine, good quality | 3,894 kr (£23) | £10 | + 124% | |
| 2 liters of coca-cola | 314 kr (£1.87) | £2.38 | - 22% | |
| Bread for 2 people for 1 day | 390 kr (£2.32) | £0.95 | + 143% | |
| Housing | + 39% | |||
| Housing in Reykjavik (Iceland) is 39% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 323,623 kr (£1,926) | £1,326 | + 45% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 273,393 kr (£1,627) | £950 | + 71% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 19,861 kr (£118) | £272 | - 57% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 224,920 kr (£1,338) | £852 | + 57% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 163,338 kr (£972) | £921 | + 5% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,214 kr (£120) | £94 | + 28% | |
| Internet 8 mbps (1 month) | 7,060 kr (£42) | £31 | + 37% | |
| 40” flat screen tv | 91,003 kr (£541) | £347 | + 56% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 28,156 kr (£168) | £84 | + 100% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,012 kr (£12) | £7 | + 62% | |
| Hourly rate for cleaning help | 5,653 kr (£34) | £14 | + 146% | |
| Clothes | + 99% | |||
| Clothes in Reykjavik (Iceland) is 99% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 16,877 kr (£100) | £61 | + 64% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 9,202 kr (£55) | £28 | + 95% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,198 kr (£156) | £68 | + 128% | |
| 1 pair of men’s leather business shoes | 31,450 kr (£187) | £66 | + 182% | |
| Transportation | + 12% | |||
| Transportation in Reykjavik (Iceland) is 12% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,490,880 kr (£32,671) | £22,693 | + 44% | |
| 1 liter (1/4 gallon) of gas | 313 kr (£1.86) | £1.47 | + 26% | |
| Monthly ticket public transport | 9,768 kr (£58) | £71 | - 19% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 8,648 kr (£51) | £16 | + 231% | |
| Personal Care | + 29% | |||
| Personal Care in Reykjavik (Iceland) is 29% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,482 kr (£9) | £7 | + 30% | |
| 1 box of antibiotics (12 doses) | 2,067 kr (£12) | £8 | + 62% | |
| Short visit to private doctor (15 minutes) | 10,216 kr (£61) | £100 | - 39% | |
| 1 box of 32 tampons (tampax, ob, ...) | 687 kr (£4.09) | £3.66 | + 12% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 679 kr (£4.04) | £1.98 | + 104% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 775 kr (£4.61) | £3.13 | + 47% | |
| 4 rolls of toilet paper | 655 kr (£3.89) | £1.76 | + 122% | |
| Tube of toothpaste | 424 kr (£2.53) | £1.76 | + 44% | |
| Standard men's haircut in expat area of the city | 5,964 kr (£35) | £14 | + 158% | |
| Entertainment | + 39% | |||
| Entertainment in Reykjavik (Iceland) is 39% more expensive than in Birmingham (United Kingdom) | ||||
| Update prices | Update prices | |||
| Reykjavik | Birmingham | Diff | ||
| Basic dinner out for two in neighborhood pub | 8,816 kr (£52) | £24 | + 119% | |
| 2 tickets to the movies | 3,314 kr (£20) | £18 | + 10% | |
| 2 tickets to the theater (best available seats) | 13,356 kr (£79) | £90 | - 11% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 19,517 kr (£116) | £50 | + 132% | |
| 1 cocktail drink in downtown club | 2,619 kr (£16) | £8 | + 85% | |
| Cappuccino in expat area of the city | 669 kr (£3.98) | £3.22 | + 24% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,342 kr (£8) | £4.16 | + 92% | |
| Ipad wi-fi 128gb | 106,076 kr (£631) | £444 | + 42% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 57 kr (£0.34) | £0.37 | - 8% | |
| 1 month of gym membership in business district | 9,862 kr (£59) | £46 | + 29% | |
| 1 package of marlboro cigarettes | 1,684 kr (£10) | £13 | - 22% | |
 |
TOTAL | + 37% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 321 prices entered by 56 different people.
These prices were last updated on September 21, 2023.
Exchange rate:
0.00595
GBP
/
ISK
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For example, you would need at least £5,749 (966,203 kr) in Reykjavik to maintain the same standard of living that you can have with £4,200 in Birmingham.
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