- Cost of Living
- United Kingdom
- Iceland
- London
- Reykjavik
- Comparison
Cost of living in London, United Kingdom compared to Reykjavik, Iceland
Currency:
| Food | - 38% | |||
|---|---|---|---|---|
| Food in London (United Kingdom) is 38% cheaper than in Reykjavik (Iceland) | ||||
| Basic lunchtime menu (including a drink) in the business district | £10 (1,404 kr) | 2,000 kr | - 30% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | £5.99 (841 kr) | 1,500 kr | - 44% | |
| 500 gr (1 lb.) of boneless chicken breast | £3.94 (553 kr) | 1,186 kr | - 53% | |
| 1 liter (1 qt.) of whole fat milk | £0.96 (135 kr) | 162 kr | - 16% | |
| 12 eggs, large | £2.40 (337 kr) | 597 kr | - 44% | |
| 1 kg (2 lb.) of tomatoes | £1.92 (270 kr) | 378 kr | - 29% | |
| 500 gr (16 oz.) of local cheese | £3.54 (497 kr) | 706 kr | - 30% | |
| 1 kg (2 lb.) of apples | £1.93 (271 kr) | 309 kr | - 12% | |
| 1 kg (2 lb.) of potatoes | £2.92 (410 kr) | 274 kr | + 50% | |
| 0.5 l (16 oz) domestic beer in the supermarket | £1.71 (240 kr) | 351 kr | - 32% | |
| 1 bottle of red table wine, good quality | £7 (983 kr) | 2,500 kr | - 61% | |
| 2 liters of Coca-Cola | £1.82 (256 kr) | 275 kr | - 7% | |
| Bread for 2 people for 1 day | £1.04 (146 kr) | 358 kr | - 59% | |
| Housing | + 18% | |||
| Housing in London (United Kingdom) is 18% more expensive than in Reykjavik (Iceland) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | £3,093 (434,390 kr) | 259,298 kr | + 68% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | £1,802 (253,047 kr) | 204,500 kr | + 24% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | £150 (21,010 kr) | 12,869 kr | + 63% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | £1,539 (216,106 kr) | 165,381 kr | + 31% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | £1,024 (143,780 kr) | 127,803 kr | + 13% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | £75 (10,505 kr) | 6,434 kr | + 63% | |
| Internet 8 Mbps (1 month) | £21 (2,936 kr) | 7,603 kr | - 61% | |
| 40” flat screen TV | £354 (49,644 kr) | 89,792 kr | - 45% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | £98 (13,798 kr) | 17,100 kr | - 19% | |
| Laundry detergent (3 l. ~ 100 oz.) | £7 (918 kr) | 1,770 kr | - 48% | |
| Hourly rate for cleaning help | £12 (1,695 kr) | 3,279 kr | - 48% | |
| Clothes | - 51% | |||
| Clothes in London (United Kingdom) is 51% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (Levis 501 or similar) | £60 (8,489 kr) | 17,495 kr | - 51% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | £32 (4,543 kr) | 8,732 kr | - 48% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | £67 (9,338 kr) | 21,799 kr | - 57% | |
| 1 pair of men’s leather business shoes | £73 (10,287 kr) | 25,711 kr | - 60% | |
| Transportation | + 30% | |||
| Transportation in London (United Kingdom) is 30% more expensive than in Reykjavik (Iceland) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | £17,250 (2,422,291 kr) | 3,400,000 kr | - 29% | |
| 1 liter (1/4 gallon) of gas | £1.31 (184 kr) | 197 kr | - 6% | |
| Monthly ticket public transport | £130 (18,255 kr) | 10,900 kr | + 67% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | £20 (2,831 kr) | 3,265 kr | - 13% | |
| Personal Care | - 29% | |||
| Personal Care in London (United Kingdom) is 29% cheaper than in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | £3.61 (507 kr) | 1,474 kr | - 66% | |
| 1 box of antibiotics (12 doses) | £8 (1,108 kr) | 2,130 kr | - 48% | |
| Short visit to private Doctor (15 minutes) | £67 (9,462 kr) | 5,571 kr | + 70% | |
| 1 box of 32 tampons (Tampax, OB, ...) | £3.20 (449 kr) | 716 kr | - 37% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | £1.85 (260 kr) | 679 kr | - 62% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | £3.93 (552 kr) | 941 kr | - 41% | |
| 4 rolls of toilet paper | £1.78 (250 kr) | 481 kr | - 48% | |
| Tube of toothpaste | £1.88 (264 kr) | 399 kr | - 34% | |
| Standard men's haircut in expat area of the city | £18 (2,530 kr) | 5,333 kr | - 53% | |
| Entertainment | - 20% | |||
| Entertainment in London (United Kingdom) is 20% cheaper than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | £35 (4,884 kr) | 6,898 kr | - 29% | |
| 2 tickets to the movies | £24 (3,370 kr) | 2,700 kr | + 25% | |
| 2 tickets to the theater (best available seats) | £159 (22,392 kr) | 10,173 kr | + 120% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | £50 (7,021 kr) | 12,000 kr | - 41% | |
| 1 cocktail drink in downtown club | £11 (1,610 kr) | 2,404 kr | - 33% | |
| Cappuccino in expat area of the city | £2.52 (354 kr) | 518 kr | - 32% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | £3.80 (534 kr) | 1,000 kr | - 47% | |
| iPad Wi-Fi 128GB | £463 (65,010 kr) | 78,246 kr | - 17% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | £0.12 (17 kr) | 20 kr | - 15% | |
| 1 month of gym membership in business district | £51 (7,117 kr) | 7,774 kr | - 8% | |
| 1 package of Marlboro cigarettes | £9 (1,194 kr) | 1,250 kr | - 5% | |
| TOTAL | - 3% | |||
These prices were last updated on April 23, 2018.
Exchange rate:
140.423
ISK
/
GBP
This comparison is based on abundant and consistent data. It is based on 6,861 prices entered by 1,489 different people.
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