- Cost of Living
- United Kingdom
- Iceland
- London
- Reykjavik
- Comparison
Cost of living in London, United Kingdom vs 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 | £11 (1,726 kr) | 2,631 kr | - 34% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | £6 (931 kr) | 1,757 kr | - 47% | |
| 500 gr (1 lb.) of boneless chicken breast | £4.09 (633 kr) | 1,138 kr | - 44% | |
| 1 liter (1 qt.) of whole fat milk | £0.95 (147 kr) | 161 kr | - 9% | |
| 12 eggs, large | £3.04 (471 kr) | 797 kr | - 41% | |
| 1 kg (2 lb.) of tomatoes | £2.09 (324 kr) | 471 kr | - 31% | |
| 500 gr (16 oz.) of local cheese | £4.97 (770 kr) | 1,147 kr | - 33% | |
| 1 kg (2 lb.) of apples | £2.16 (334 kr) | 437 kr | - 23% | |
| 1 kg (2 lb.) of potatoes | £0.85 (131 kr) | 353 kr | - 63% | |
| 0.5 l (16 oz) domestic beer in the supermarket | £1.87 (289 kr) | 393 kr | - 26% | |
| 1 bottle of red table wine, good quality | £10 (1,603 kr) | 2,917 kr | - 45% | |
| 2 liters of Coca-Cola | £1.90 (294 kr) | 290 kr | + 2% | |
| Bread for 2 people for 1 day | £1.15 (178 kr) | 331 kr | - 46% | |
| 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 | £2,471 (382,593 kr) | 260,225 kr | + 47% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | £1,743 (269,842 kr) | 241,367 kr | + 12% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | £161 (24,998 kr) | 12,235 kr | + 104% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | £1,692 (262,079 kr) | 210,487 kr | + 25% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | £1,233 (190,947 kr) | 162,053 kr | + 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | £121 (18,784 kr) | 8,482 kr | + 121% | |
| Internet 8 Mbps (1 month) | £22 (3,330 kr) | 6,141 kr | - 46% | |
| 40” flat screen TV | £356 (55,173 kr) | 101,073 kr | - 45% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | £98 (15,136 kr) | 19,329 kr | - 22% | |
| Laundry detergent (3 l. ~ 100 oz.) | £7 (1,072 kr) | 2,028 kr | - 47% | |
| Hourly rate for cleaning help | £12 (1,913 kr) | 3,522 kr | - 46% | |
| Clothes | - 40% | |||
| Clothes in London (United Kingdom) is 40% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (Levis 501 or similar) | £69 (10,620 kr) | 15,639 kr | - 32% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | £35 (5,478 kr) | 9,525 kr | - 42% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | £80 (12,424 kr) | 20,403 kr | - 39% | |
| 1 pair of men’s leather business shoes | £100 (15,509 kr) | 26,309 kr | - 41% | |
| Transportation | + 46% | |||
| Transportation in London (United Kingdom) is 46% more expensive than in Reykjavik (Iceland) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | £18,675 (2,891,949 kr) | 3,426,470 kr | - 16% | |
| 1 liter (1/4 gallon) of gas | £1.31 (203 kr) | 216 kr | - 6% | |
| Monthly ticket public transport | £140 (21,673 kr) | 11,490 kr | + 89% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | £13 (2,080 kr) | 3,309 kr | - 37% | |
| Personal Care | - 20% | |||
| Personal Care in London (United Kingdom) is 20% cheaper than in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | £3.58 (554 kr) | 1,404 kr | - 61% | |
| 1 box of antibiotics (12 doses) | £8 (1,309 kr) | 1,851 kr | - 29% | |
| Short visit to private Doctor (15 minutes) | £74 (11,413 kr) | 4,094 kr | + 179% | |
| 1 box of 32 tampons (Tampax, OB, ...) | £4.05 (628 kr) | 678 kr | - 7% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | £1.75 (272 kr) | 646 kr | - 58% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | £3.76 (582 kr) | 1,036 kr | - 44% | |
| 4 rolls of toilet paper | £2.05 (317 kr) | 477 kr | - 34% | |
| Tube of toothpaste | £2.07 (321 kr) | 393 kr | - 18% | |
| Standard men's haircut in expat area of the city | £15 (2,346 kr) | 5,555 kr | - 58% | |
| Entertainment | + 2% | |||
| Entertainment in London (United Kingdom) is 2% more expensive than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | £36 (5,521 kr) | 6,650 kr | - 17% | |
| 2 tickets to the movies | £25 (3,857 kr) | 3,094 kr | + 25% | |
| 2 tickets to the theater (best available seats) | £161 (24,971 kr) | 12,118 kr | + 106% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | £64 (9,911 kr) | 9,252 kr | + 7% | |
| 1 cocktail drink in downtown club | £12 (1,802 kr) | 2,428 kr | - 26% | |
| Cappuccino in expat area of the city | £3.17 (491 kr) | 655 kr | - 25% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | £5.30 (821 kr) | 1,090 kr | - 25% | |
| iPad Wi-Fi 128GB | £397 (61,466 kr) | 84,869 kr | - 28% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | £0.17 (26 kr) | 20 kr | + 32% | |
| 1 month of gym membership in business district | £69 (10,636 kr) | 8,232 kr | + 29% | |
| 1 package of Marlboro cigarettes | £11 (1,645 kr) | 1,454 kr | + 13% | |
| TOTAL | + 4% | |||
These prices were last updated on December 12, 2018.
Exchange rate:
154.858
ISK
/
GBP
This comparison is based on abundant and consistent data. It is based on 6,033 prices entered by 1,262 different people.
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