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Cost of Living & Prices:
United Kingdom vs. Iceland

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Country #1
Country #2

Grocery

USDISKGBPEUR

United Kingdom vs. Iceland - grocery purchase prices. You would pay on average 1.46 times less for grocery shopping in the United Kingdom than in Iceland.

Apples (1kg)

One kilogram of apples costs 2.54 USD in the United Kingdom and 3.21 USD in Iceland. The price of this product is 20.9% lower in the United Kingdom.

2.54 USD
3.21 USD

Banana (1kg)

1 kilogram of bananas costs 1.6 USD in the United Kingdom and 2.02 USD in Iceland. The price of this product is 20.8% lower in the United Kingdom.

1.60 USD
2.02 USD

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 13.11 USD in the United Kingdom and 24.92 USD in Iceland. The price of this product is 47.4% lower in the United Kingdom.

13.11 USD
24.92 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 11.31 USD in the United Kingdom and 19.2 USD in Iceland. The price of this product is 41.1% lower in the United Kingdom.

11.31 USD
19.20 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 8.54 USD in the United Kingdom and 17.22 USD in Iceland. The price of this product is 50.4% lower in the United Kingdom.

8.54 USD
17.22 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 16.53 USD in the United Kingdom and 11.38 USD in Iceland. The price of this product is 31.2% lower in Iceland.

16.53 USD
11.38 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.51 USD in the United Kingdom and 2.98 USD in Iceland. The price of this product is 15.8% lower in the United Kingdom.

2.51 USD
2.98 USD

Eggs (regular) (12)

You will pay 3.27 USD for 12 eggs in the United Kingdom and 5.4 USD in Iceland. The price of this product is 39.4% lower in the United Kingdom.

3.27 USD
5.40 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.99 USD in the United Kingdom and 2.48 USD in Iceland. The price of this product is 17.1% lower in Iceland.

2.99 USD
2.48 USD

Johnnie Walker Red Label Whisky 0.7 Litre

29.61 USD
-

Lettuce (1 head)

One head of lettuce costs 1.09 USD in the United Kingdom and 2.68 USD in Iceland. The price of this product is 59.3% lower in the United Kingdom.

1.09 USD
2.68 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 1.46 USD in the United Kingdom and 3.2 USD in Iceland. The price of this product is 54.4% lower in the United Kingdom.

1.46 USD
3.20 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 7.89 USD in the United Kingdom and 13.99 USD in Iceland. The price of this product is 43.6% lower in the United Kingdom.

7.89 USD
13.99 USD

Milk (regular), (1 liter)

One liter of milk costs 1.46 USD in the United Kingdom and 1.51 USD in Iceland. The price of this product is 3.3% lower in the United Kingdom.

1.46 USD
1.51 USD

Onion (1kg)

One kilogram of onions costs 1.38 USD in the United Kingdom and 1.33 USD in Iceland. The price of this product is 3.6% lower in Iceland.

1.38 USD
1.33 USD

Oranges (1kg)

One kilogram of oranges costs 2.5 USD in the United Kingdom and 2.45 USD in Iceland. The price of this product is 2% lower in Iceland.

2.50 USD
2.45 USD

Potato (1kg)

One kilogram of potatoes costs 1.4 USD in the United Kingdom and 2.65 USD in Iceland. The price of this product is 47.2% lower in the United Kingdom.

1.40 USD
2.65 USD

Rice (white), (1kg)

One kilogram of white rice costs 2.28 USD in the United Kingdom and 3.03 USD in Iceland. The price of this product is 24.8% lower in the United Kingdom.

2.28 USD
3.03 USD

Smirnoff Red Label Vodka 0.7 Litre

19.23 USD
-

Tomato (1kg)

One kilogram of tomatoes costs 3.04 USD in the United Kingdom and 4.55 USD in Iceland. The price of this product is 33.2% lower in the United Kingdom.

3.04 USD
4.55 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.45 USD in the United Kingdom and 1.92 USD in Iceland. The price of this product is 24.5% lower in the United Kingdom.

1.45 USD
1.92 USD

Restaurant

USDISKGBPEUR

United Kingdom vs. Iceland - expenses on meals in restaurants. You would pay 1.19 times less for meals in restaurants in the United Kingdom than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 4.31 USD in the United Kingdom and 4.45 USD in Iceland. The price of this product is 3.1% lower in the United Kingdom.

4.31 USD
4.45 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.26 USD in the United Kingdom and 2.45 USD in Iceland. The price of this product is 7.8% lower in the United Kingdom.

2.26 USD
2.45 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 7.54 USD in the United Kingdom and 9.25 USD in Iceland. The price of this product is 18.5% lower in the United Kingdom.

7.54 USD
9.25 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 6.29 USD in the United Kingdom and 7.82 USD in Iceland. The price of this product is 19.6% lower in the United Kingdom.

6.29 USD
7.82 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 8.8 USD in the United Kingdom and 14.22 USD in Iceland. The price of this product is 38.1% lower in the United Kingdom.

8.80 USD
14.22 USD

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 88 USD in the United Kingdom and 106.68 USD in Iceland. The price of this product is 17.5% lower in the United Kingdom.

88.00 USD
106.68 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 18.86 USD in the United Kingdom and 17.78 USD in Iceland. The price of this product is 5.7% lower in Iceland.

18.86 USD
17.78 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.73 USD in the United Kingdom and 1.9 USD in Iceland. The price of this product is 8.9% lower in the United Kingdom.

1.73 USD
1.90 USD

Fuel

USDISKGBPEUR

United Kingdom vs. Iceland - expenses related to fuel. You would pay 1.28 times less for fuel in the United Kingdom than in Iceland.

Diesel 1L

A liter of diesel costs 1.81 USD in the United Kingdom and 2.3 USD in Iceland. The price of this product is 21.3% lower in the United Kingdom.

1.81 USD
2.30 USD

Gasoline 1L

A liter of gasoline costs 1.75 USD in the United Kingdom and 2.27 USD in Iceland. The price of this product is 22.9% lower in the United Kingdom.

1.75 USD
2.27 USD

LPG 1L

1.41 USD
-

Transportation

USDISKGBPEUR

United Kingdom vs. Iceland - costs of transportation and public communication. You would pay 1.82 times more for transportation in the United Kingdom than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 197.99 USD in the United Kingdom and 64.01 USD in Iceland. The price of this product is 67.7% lower in Iceland.

197.99 USD
64.01 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 3.27 USD in the United Kingdom and 3.91 USD in Iceland. The price of this product is 16.4% lower in the United Kingdom.

3.27 USD
3.91 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 36.2 USD in the United Kingdom and 58.1 USD in Iceland. The price of this product is 37.7% lower in the United Kingdom.

36.20 USD
58.10 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 2.14 USD in the United Kingdom and 2.94 USD in Iceland. The price of this product is 27.2% lower in the United Kingdom.

2.14 USD
2.94 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 5.03 USD in the United Kingdom and 5.19 USD in Iceland. The price of this product is 3.1% lower in the United Kingdom.

5.03 USD
5.19 USD

Sports & entertainment

USDISKGBPEUR

United Kingdom vs. Iceland - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 15.09 USD in the United Kingdom and 13.16 USD in Iceland. The price of this product is 12.8% lower in Iceland.

15.09 USD
13.16 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 53.41 USD in the United Kingdom and 64.01 USD in Iceland. The price of this product is 16.6% lower in the United Kingdom.

53.41 USD
64.01 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 14.59 USD in the United Kingdom and 43.98 USD in Iceland. The price of this product is 66.8% lower in the United Kingdom.

14.59 USD
43.98 USD

Flats for rent

USDISKGBPEUR

United Kingdom vs. Iceland - costs of renting an apartment. You would pay about 1.73 times more for renting an apartment in the United Kingdom than in Iceland.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 2569 USD in the United Kingdom and 1545 USD in Iceland. The price of this product is 39.9% lower in Iceland.

2 569 USD
1 545 USD

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 1821 USD in the United Kingdom and 1309 USD in Iceland. The price of this product is 28.1% lower in Iceland.

1 821 USD
1 309 USD

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 4579 USD in the United Kingdom and 2238 USD in Iceland. The price of this product is 51.1% lower in Iceland.

4 579 USD
2 238 USD

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 3089 USD in the United Kingdom and 1862 USD in Iceland. The price of this product is 39.7% lower in Iceland.

3 089 USD
1 862 USD

Flats for sale

USDISKGBPEUR

United Kingdom vs. Iceland - costs of purchasing an apartment. You would pay 2.36 times more for buying an apartment in the United Kingdom than in Iceland.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 15117 USD in the United Kingdom and 5973 USD in Iceland. The price of this product is 60.5% lower in Iceland.

15 117 USD
5 973 USD

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 9228 USD in the United Kingdom and 4358 USD in Iceland. The price of this product is 52.8% lower in Iceland.

9 228 USD
4 358 USD

Salary

USDISKGBPEUR

United Kingdom vs. Iceland - average salary. The average salary in the United Kingdom is 1.07 times higher than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 3812 USD in the United Kingdom and 3551 USD in Iceland. The average salary is 6.8% lower in Iceland.

3 812 USD
3 551 USD

Hotels

USDISKGBPEUR

United Kingdom vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.

One star

160 USD
-

Two stars

122 USD
172 USD

Three stars

128 USD
229 USD

Four stars

166 USD
367 USD

Five stars

422 USD
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • United Kingdom: 20 cities, 1334 hotels • Iceland: 11 cities, 117 hotels

Explore more about prices, cost of living and travel budget Prices in the United Kingdom Prices in Iceland

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