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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 1.65 times less for grocery shopping in the United Kingdom than in Iceland.

Apples (1kg)

One kilogram of apples costs 3.4 USD in the United Kingdom and 3.38 USD in Iceland. The price of this product is 0.6% lower in Iceland.

3.40 USD
3.38 USD

Banana (1kg)

1 kilogram of bananas costs 1.96 USD in the United Kingdom and 2.55 USD in Iceland. The price of this product is 23.1% lower in the United Kingdom.

1.96 USD
2.55 USD

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

One kilogram of beef or similar meat costs 14.15 USD in the United Kingdom and 43.73 USD in Iceland. The price of this product is 67.6% lower in the United Kingdom.

14.15 USD
43.73 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 11.6 USD in the United Kingdom and 24.86 USD in Iceland. The price of this product is 53.3% lower in the United Kingdom.

11.60 USD
24.86 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 8.73 USD in the United Kingdom and 24.83 USD in Iceland. The price of this product is 64.8% lower in the United Kingdom.

8.73 USD
24.83 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 23.19 USD in the United Kingdom and 14.09 USD in Iceland. The price of this product is 39.2% lower in Iceland.

23.19 USD
14.09 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 3.26 USD in the United Kingdom and 3.75 USD in Iceland. The price of this product is 13.1% lower in the United Kingdom.

3.26 USD
3.75 USD

Eggs (regular) (12)

You will pay 4.97 USD for 12 eggs in the United Kingdom and 6.57 USD in Iceland. The price of this product is 24.4% lower in the United Kingdom.

4.97 USD
6.57 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 4.07 USD in the United Kingdom and 3.48 USD in Iceland. The price of this product is 14.5% lower in Iceland.

4.07 USD
3.48 USD

Johnnie Walker Red Label Whisky 0.7 Litre

29.61 USD
-

Lettuce (1 head)

One head of lettuce costs 1.38 USD in the United Kingdom and 3.21 USD in Iceland. The price of this product is 57% lower in the United Kingdom.

1.38 USD
3.21 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.24 USD in the United Kingdom and 4.4 USD in Iceland. The price of this product is 49.1% lower in the United Kingdom.

2.24 USD
4.40 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 10.86 USD in the United Kingdom and 18.83 USD in Iceland. The price of this product is 42.3% lower in the United Kingdom.

10.86 USD
18.83 USD

Milk (regular), (1 liter)

One liter of milk costs 1.77 USD in the United Kingdom and 1.98 USD in Iceland. The price of this product is 10.6% lower in the United Kingdom.

1.77 USD
1.98 USD

Onion (1kg)

One kilogram of onions costs 1.83 USD in the United Kingdom and 2.45 USD in Iceland. The price of this product is 25.3% lower in the United Kingdom.

1.83 USD
2.45 USD

Oranges (1kg)

One kilogram of oranges costs 3.14 USD in the United Kingdom and 3.15 USD in Iceland. The price of this product is 0.3% lower in the United Kingdom.

3.14 USD
3.15 USD

Potato (1kg)

One kilogram of potatoes costs 1.64 USD in the United Kingdom and 3.72 USD in Iceland. The price of this product is 55.9% lower in the United Kingdom.

1.64 USD
3.72 USD

Rice (white), (1kg)

One kilogram of white rice costs 2.54 USD in the United Kingdom and 3.76 USD in Iceland. The price of this product is 32.4% lower in the United Kingdom.

2.54 USD
3.76 USD

Smirnoff Red Label Vodka 0.7 Litre

19.23 USD
-

Tomato (1kg)

One kilogram of tomatoes costs 3.67 USD in the United Kingdom and 5.16 USD in Iceland. The price of this product is 28.9% lower in the United Kingdom.

3.67 USD
5.16 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.92 USD in the United Kingdom and 2.03 USD in Iceland. The price of this product is 5.4% lower in the United Kingdom.

1.92 USD
2.03 USD

Restaurant

USDISKGBPEUR

United Kingdom vs. Iceland - expenses on meals in restaurants. You would pay 1.36 times less for meals in restaurants in the United Kingdom than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 5.23 USD in the United Kingdom and 6.3 USD in Iceland. The price of this product is 17% lower in the United Kingdom.

5.23 USD
6.30 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.87 USD in the United Kingdom and 3.37 USD in Iceland. The price of this product is 14.8% lower in the United Kingdom.

2.87 USD
3.37 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 8.83 USD in the United Kingdom and 13.26 USD in Iceland. The price of this product is 33.4% lower in the United Kingdom.

8.83 USD
13.26 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 8.06 USD in the United Kingdom and 11.6 USD in Iceland. The price of this product is 30.5% lower in the United Kingdom.

8.06 USD
11.60 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10.91 USD in the United Kingdom and 23.21 USD in Iceland. The price of this product is 53% lower in the United Kingdom.

10.91 USD
23.21 USD

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

A three-course meal for two people at a mid-range restaurant costs 109.14 USD in the United Kingdom and 149.18 USD in Iceland. The price of this product is 26.8% lower in the United Kingdom.

109.14 USD
149.18 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 27.29 USD in the United Kingdom and 27.76 USD in Iceland. The price of this product is 1.7% lower in the United Kingdom.

27.29 USD
27.76 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.8 USD in the United Kingdom and 2.7 USD in Iceland. The price of this product is 33.3% lower in the United Kingdom.

1.80 USD
2.70 USD

Fuel

USDISKGBPEUR

United Kingdom vs. Iceland - expenses related to fuel. You would pay 1.38 times less for fuel in the United Kingdom than in Iceland.

Diesel 1L

A liter of diesel costs 1.93 USD in the United Kingdom and 2.65 USD in Iceland. The price of this product is 27.2% lower in the United Kingdom.

1.93 USD
2.65 USD

Gasoline 1L

A liter of gasoline costs 1.83 USD in the United Kingdom and 2.53 USD in Iceland. The price of this product is 27.7% lower in the United Kingdom.

1.83 USD
2.53 USD

LPG 1L

1.28 USD
-

Transportation

USDISKGBPEUR

United Kingdom vs. Iceland - costs of transportation and public communication. You would pay 1.6 times more for transportation in the United Kingdom than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 253.88 USD in the United Kingdom and 89.51 USD in Iceland. The price of this product is 64.7% lower in Iceland.

253.88 USD
89.51 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 4.09 USD in the United Kingdom and 5.39 USD in Iceland. The price of this product is 24.1% lower in the United Kingdom.

4.09 USD
5.39 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 40.93 USD in the United Kingdom and 88.76 USD in Iceland. The price of this product is 53.9% lower in the United Kingdom.

40.93 USD
88.76 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 3.41 USD in the United Kingdom and 2.69 USD in Iceland. The price of this product is 21.1% lower in Iceland.

3.41 USD
2.69 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 6 USD in the United Kingdom and 6.55 USD in Iceland. The price of this product is 8.4% lower in the United Kingdom.

6.00 USD
6.55 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 20.46 USD in the United Kingdom and 18.15 USD in Iceland. The price of this product is 11.3% lower in Iceland.

20.46 USD
18.15 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 65.76 USD in the United Kingdom and 85.59 USD in Iceland. The price of this product is 23.2% lower in the United Kingdom.

65.76 USD
85.59 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 24.49 USD in the United Kingdom and 46.83 USD in Iceland. The price of this product is 47.7% lower in the United Kingdom.

24.49 USD
46.83 USD

Flats for rent

USDISKGBPEUR

United Kingdom vs. Iceland - costs of renting an apartment. You would pay about 1.4 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 3026 USD in the United Kingdom and 2283 USD in Iceland. The price of this product is 24.6% lower in Iceland.

3 026 USD
2 283 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 2258 USD in the United Kingdom and 2093 USD in Iceland. The price of this product is 7.3% lower in Iceland.

2 258 USD
2 093 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 5622 USD in the United Kingdom and 3278 USD in Iceland. The price of this product is 41.7% lower in Iceland.

5 622 USD
3 278 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 3753 USD in the United Kingdom and 2828 USD in Iceland. The price of this product is 24.6% lower in Iceland.

3 753 USD
2 828 USD

Flats for sale

USDISKGBPEUR

United Kingdom vs. Iceland - costs of purchasing an apartment. You would pay 2.22 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 20699 USD in the United Kingdom and 7866 USD in Iceland. The price of this product is 62% lower in Iceland.

20 699 USD
7 866 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 11511 USD in the United Kingdom and 6652 USD in Iceland. The price of this product is 42.2% lower in Iceland.

11 511 USD
6 652 USD

Salary

USDISKGBPEUR

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

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 4051 USD in the United Kingdom and 4345 USD in Iceland. The average salary is 6.8% lower in the United Kingdom.

4 051 USD
4 345 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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