Cost of living in London, United Kingdom vs Reykjavik, Iceland
Currency:
| Food | - 37% | |||
|---|---|---|---|---|
| Food in London (United Kingdom) is 37% cheaper than in Reykjavik (Iceland) | ||||
| Basic lunchtime menu (including a drink) in the business district | £11 (1,963 kr) | 2,674 kr | - 27% | |
| Combo meal in fast food restaurant (big mac meal or similar) | £6 (1,094 kr) | 1,787 kr | - 39% | |
| 500 gr (1 lb.) of boneless chicken breast | £3.41 (601 kr) | 961 kr | - 37% | |
| 1 liter (1 qt.) of whole fat milk | £0.94 (165 kr) | 190 kr | - 13% | |
| 12 eggs, large | £2.85 (502 kr) | 788 kr | - 36% | |
| 1 kg (2 lb.) of tomatoes | £1.87 (330 kr) | 572 kr | - 42% | |
| 500 gr (16 oz.) of local cheese | £4.32 (762 kr) | 852 kr | - 11% | |
| 1 kg (2 lb.) of apples | £1.99 (351 kr) | 317 kr | + 11% | |
| 1 kg (2 lb.) of potatoes | £0.78 (137 kr) | 331 kr | - 59% | |
| 0.5 l (16 oz) domestic beer in the supermarket | £1.81 (319 kr) | 454 kr | - 30% | |
| 1 bottle of red table wine, good quality | £10 (1,724 kr) | 2,949 kr | - 42% | |
| 2 liters of coca-cola | £2.03 (359 kr) | 320 kr | + 12% | |
| Bread for 2 people for 1 day | £1.03 (182 kr) | 504 kr | - 64% | |
| Housing | + 15% | |||
| Housing in London (United Kingdom) is 15% more expensive than in Reykjavik (Iceland) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | £2,502 (441,090 kr) | 301,800 kr | + 46% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | £1,789 (315,413 kr) | 267,065 kr | + 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | £139 (24,543 kr) | 18,704 kr | + 31% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | £1,874 (330,334 kr) | 202,644 kr | + 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | £1,289 (227,151 kr) | 170,620 kr | + 33% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | £86 (15,179 kr) | 13,134 kr | + 16% | |
| Internet 8 mbps (1 month) | £22 (3,911 kr) | 9,153 kr | - 57% | |
| 40” flat screen tv | £317 (55,909 kr) | 97,992 kr | - 43% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | £83 (14,695 kr) | 24,102 kr | - 39% | |
| Laundry detergent (3 l. ~ 100 oz.) | £6 (1,060 kr) | 1,913 kr | - 45% | |
| Hourly rate for cleaning help | £13 (2,280 kr) | 4,144 kr | - 45% | |
| Clothes | - 17% | |||
| Clothes in London (United Kingdom) is 17% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (levis 501 or similar) | £80 (14,117 kr) | 15,871 kr | - 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | £36 (6,341 kr) | 7,315 kr | - 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | £83 (14,696 kr) | 18,995 kr | - 23% | |
| 1 pair of men’s leather business shoes | £92 (16,216 kr) | 25,454 kr | - 36% | |
| Transportation | + 58% | |||
| Transportation in London (United Kingdom) is 58% more expensive than in Reykjavik (Iceland) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | £20,856 (3,676,090 kr) | 3,899,760 kr | - 6% | |
| 1 liter (1/4 gallon) of gas | £1.19 (210 kr) | 228 kr | - 8% | |
| Monthly ticket public transport | £146 (25,806 kr) | 13,260 kr | + 95% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | £26 (4,524 kr) | 3,398 kr | + 33% | |
| Personal Care | - 1% | |||
| Personal Care in London (United Kingdom) is about the same as in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | £3.54 (624 kr) | 1,366 kr | - 54% | |
| 1 box of antibiotics (12 doses) | £8 (1,487 kr) | 1,999 kr | - 26% | |
| Short visit to private doctor (15 minutes) | £105 (18,461 kr) | 6,835 kr | + 170% | |
| 1 box of 32 tampons (tampax, ob, ...) | £3.60 (635 kr) | 661 kr | - 4% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | £2.05 (361 kr) | 604 kr | - 40% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | £3.94 (695 kr) | 676 kr | + 3% | |
| 4 rolls of toilet paper | £1.93 (341 kr) | 485 kr | - 30% | |
| Tube of toothpaste | £1.70 (299 kr) | 414 kr | - 28% | |
| Standard men's haircut in expat area of the city | £18 (3,256 kr) | 5,671 kr | - 43% | |
| Entertainment | + 22% | |||
| Entertainment in London (United Kingdom) is 22% more expensive than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | £38 (6,745 kr) | 7,096 kr | - 5% | |
| 2 tickets to the movies | £26 (4,544 kr) | 3,236 kr | + 40% | |
| 2 tickets to the theater (best available seats) | £208 (36,626 kr) | 12,001 kr | + 205% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | £73 (12,937 kr) | 14,645 kr | - 12% | |
| 1 cocktail drink in downtown club | £12 (2,084 kr) | 2,560 kr | - 19% | |
| Cappuccino in expat area of the city | £3.56 (627 kr) | 599 kr | + 5% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | £5.68 (1,001 kr) | 1,095 kr | - 9% | |
| Ipad wi-fi 128gb | £432 (76,070 kr) | 85,553 kr | - 11% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | £0.35 (61 kr) | 21 kr | + 194% | |
| 1 month of gym membership in business district | £52 (9,207 kr) | 7,357 kr | + 25% | |
| 1 package of marlboro cigarettes | £12 (2,140 kr) | 1,474 kr | + 45% | |
| TOTAL | + 13% | |||
These prices were last updated on April 21, 2021.
Exchange rate:
176.265
ISK
/
GBP
This comparison is based on abundant and consistent data. It is based on 2,108 prices entered by 380 different people.
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