Trek Zone

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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Grocery

EURUSDISKGBP

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 2.86 EUR (3.33 USD) in the United Kingdom and 2.84 EUR (3.31 USD) in Iceland. The price of this product is 0.7% lower in Iceland.

2.86 EUR
2.84 EUR

Banana (1kg)

1 kilogram of bananas costs 1.65 EUR (1.93 USD) in the United Kingdom and 2.15 EUR (2.5 USD) in Iceland. The price of this product is 23.3% lower in the United Kingdom.

1.65 EUR
2.15 EUR

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

One kilogram of beef or similar meat costs 11.92 EUR (13.88 USD) in the United Kingdom and 36.74 EUR (42.82 USD) in Iceland. The price of this product is 67.6% lower in the United Kingdom.

11.92 EUR
36.74 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 9.77 EUR (11.38 USD) in the United Kingdom and 20.89 EUR (24.34 USD) in Iceland. The price of this product is 53.2% lower in the United Kingdom.

9.77 EUR
20.89 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 7.35 EUR (8.57 USD) in the United Kingdom and 20.86 EUR (24.31 USD) in Iceland. The price of this product is 64.8% lower in the United Kingdom.

7.35 EUR
20.86 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 19.53 EUR (22.76 USD) in the United Kingdom and 11.84 EUR (13.79 USD) in Iceland. The price of this product is 39.4% lower in Iceland.

19.53 EUR
11.84 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.75 EUR (3.2 USD) in the United Kingdom and 3.15 EUR (3.67 USD) in Iceland. The price of this product is 12.7% lower in the United Kingdom.

2.75 EUR
3.15 EUR

Eggs (regular) (12)

You will pay 4.18 EUR (4.87 USD) for 12 eggs in the United Kingdom and 5.52 EUR (6.43 USD) in Iceland. The price of this product is 24.3% lower in the United Kingdom.

4.18 EUR
5.52 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.42 EUR (3.99 USD) in the United Kingdom and 2.92 EUR (3.41 USD) in Iceland. The price of this product is 14.6% lower in Iceland.

3.42 EUR
2.92 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

25.41 EUR
-

Lettuce (1 head)

One head of lettuce costs 1.16 EUR (1.35 USD) in the United Kingdom and 2.69 EUR (3.14 USD) in Iceland. The price of this product is 56.9% lower in the United Kingdom.

1.16 EUR
2.69 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 1.88 EUR (2.2 USD) in the United Kingdom and 3.7 EUR (4.31 USD) in Iceland. The price of this product is 49.2% lower in the United Kingdom.

1.88 EUR
3.70 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 9.15 EUR (10.66 USD) in the United Kingdom and 15.82 EUR (18.44 USD) in Iceland. The price of this product is 42.2% lower in the United Kingdom.

9.15 EUR
15.82 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.49 EUR (1.74 USD) in the United Kingdom and 1.66 EUR (1.94 USD) in Iceland. The price of this product is 10.2% lower in the United Kingdom.

1.49 EUR
1.66 EUR

Onion (1kg)

One kilogram of onions costs 1.54 EUR (1.79 USD) in the United Kingdom and 2.06 EUR (2.4 USD) in Iceland. The price of this product is 25.2% lower in the United Kingdom.

1.54 EUR
2.06 EUR

Oranges (1kg)

One kilogram of oranges costs 2.64 EUR (3.08 USD) in the United Kingdom and 2.65 EUR (3.08 USD) in Iceland. The price of this product is 0.4% lower in the United Kingdom.

2.64 EUR
2.65 EUR

Potato (1kg)

One kilogram of potatoes costs 1.38 EUR (1.61 USD) in the United Kingdom and 3.13 EUR (3.64 USD) in Iceland. The price of this product is 55.9% lower in the United Kingdom.

1.38 EUR
3.13 EUR

Rice (white), (1kg)

One kilogram of white rice costs 2.14 EUR (2.49 USD) in the United Kingdom and 3.16 EUR (3.68 USD) in Iceland. The price of this product is 32.3% lower in the United Kingdom.

2.14 EUR
3.16 EUR

Smirnoff Red Label Vodka 0.7 Litre

16.50 EUR
-

Tomato (1kg)

One kilogram of tomatoes costs 3.09 EUR (3.6 USD) in the United Kingdom and 4.34 EUR (5.05 USD) in Iceland. The price of this product is 28.8% lower in the United Kingdom.

3.09 EUR
4.34 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.62 EUR (1.89 USD) in the United Kingdom and 1.7 EUR (1.98 USD) in Iceland. The price of this product is 4.7% lower in the United Kingdom.

1.62 EUR
1.70 EUR

Restaurant

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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 4.4 EUR (5.13 USD) in the United Kingdom and 5.3 EUR (6.17 USD) in Iceland. The price of this product is 17% lower in the United Kingdom.

4.40 EUR
5.30 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.41 EUR (2.81 USD) in the United Kingdom and 2.83 EUR (3.3 USD) in Iceland. The price of this product is 14.8% lower in the United Kingdom.

2.41 EUR
2.83 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 7.43 EUR (8.66 USD) in the United Kingdom and 11.14 EUR (12.98 USD) in Iceland. The price of this product is 33.3% lower in the United Kingdom.

7.43 EUR
11.14 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 6.79 EUR (7.91 USD) in the United Kingdom and 9.75 EUR (11.36 USD) in Iceland. The price of this product is 30.4% lower in the United Kingdom.

6.79 EUR
9.75 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 9.19 EUR (10.71 USD) in the United Kingdom and 19.5 EUR (22.72 USD) in Iceland. The price of this product is 52.9% lower in the United Kingdom.

9.19 EUR
19.50 EUR

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

A three-course meal for two people at a mid-range restaurant costs 91.92 EUR (107.12 USD) in the United Kingdom and 125.34 EUR (146.06 USD) in Iceland. The price of this product is 26.7% lower in the United Kingdom.

91.92 EUR
125.34 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 22.98 EUR (26.78 USD) in the United Kingdom and 23.33 EUR (27.18 USD) in Iceland. The price of this product is 1.5% lower in the United Kingdom.

22.98 EUR
23.33 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.52 EUR (1.77 USD) in the United Kingdom and 2.27 EUR (2.64 USD) in Iceland. The price of this product is 33% lower in the United Kingdom.

1.52 EUR
2.27 EUR

Fuel

EURUSDISKGBP

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 1.65 EUR (1.93 USD) in the United Kingdom and 2.28 EUR (2.65 USD) in Iceland. The price of this product is 27.6% lower in the United Kingdom.

1.65 EUR
2.28 EUR

Gasoline 1L

A liter of gasoline costs 1.57 EUR (1.83 USD) in the United Kingdom and 2.17 EUR (2.53 USD) in Iceland. The price of this product is 27.6% lower in the United Kingdom.

1.57 EUR
2.17 EUR

LPG 1L

1.10 EUR
-

Transportation

EURUSDISKGBP

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 213.83 EUR (249.17 USD) in the United Kingdom and 75.2 EUR (87.63 USD) in Iceland. The price of this product is 64.8% lower in Iceland.

213.83 EUR
75.20 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 3.45 EUR (4.02 USD) in the United Kingdom and 4.53 EUR (5.27 USD) in Iceland. The price of this product is 23.8% lower in the United Kingdom.

3.45 EUR
4.53 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 34.47 EUR (40.17 USD) in the United Kingdom and 74.58 EUR (86.9 USD) in Iceland. The price of this product is 53.8% lower in the United Kingdom.

34.47 EUR
74.58 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 2.87 EUR (3.35 USD) in the United Kingdom and 2.26 EUR (2.63 USD) in Iceland. The price of this product is 21.3% lower in Iceland.

2.87 EUR
2.26 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 5.06 EUR (5.89 USD) in the United Kingdom and 5.5 EUR (6.41 USD) in Iceland. The price of this product is 8% lower in the United Kingdom.

5.06 EUR
5.50 EUR

Sports & entertainment

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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 17.24 EUR (20.08 USD) in the United Kingdom and 15.25 EUR (17.77 USD) in Iceland. The price of this product is 11.5% lower in Iceland.

17.24 EUR
15.25 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 55.38 EUR (64.54 USD) in the United Kingdom and 71.91 EUR (83.8 USD) in Iceland. The price of this product is 23% lower in the United Kingdom.

55.38 EUR
71.91 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 20.63 EUR (24.03 USD) in the United Kingdom and 39.34 EUR (45.85 USD) in Iceland. The price of this product is 47.6% lower in the United Kingdom.

20.63 EUR
39.34 EUR

Flats for rent

EURUSDISKGBP

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 2549 EUR (2969.83 USD) in the United Kingdom and 1918 EUR (2235.28 USD) in Iceland. The price of this product is 24.8% lower in Iceland.

2 549 EUR
1 918 EUR

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 1901 EUR (2215.71 USD) in the United Kingdom and 1758 EUR (2048.85 USD) in Iceland. The price of this product is 7.5% lower in Iceland.

1 901 EUR
1 758 EUR

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 4735 EUR (5517.78 USD) in the United Kingdom and 2754 EUR (3209.53 USD) in Iceland. The price of this product is 41.8% lower in Iceland.

4 735 EUR
2 754 EUR

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 3161 EUR (3683.17 USD) in the United Kingdom and 2376 EUR (2769.17 USD) in Iceland. The price of this product is 24.8% lower in Iceland.

3 161 EUR
2 376 EUR

Flats for sale

EURUSDISKGBP

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 17433 EUR (20314.44 USD) in the United Kingdom and 6609 EUR (7701.78 USD) in Iceland. The price of this product is 62.1% lower in Iceland.

17 433 EUR
6 609 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 9695 EUR (11297.08 USD) in the United Kingdom and 5589 EUR (6512.69 USD) in Iceland. The price of this product is 42.4% lower in Iceland.

9 695 EUR
5 589 EUR

Salary

EURUSDISKGBP

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 3412 EUR (3975.57 USD) in the United Kingdom and 3651 EUR (4253.85 USD) in Iceland. The average salary is 6.5% lower in the United Kingdom.

3 412 EUR
3 651 EUR

Hotels

EURUSDISKGBP

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

One star

137 EUR
-

Two stars

105 EUR
148 EUR

Three stars

109 EUR
197 EUR

Four stars

142 EUR
315 EUR

Five stars

362 EUR
-

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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