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.
United Kingdom
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antarctica
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
The Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
British Indian Ocean Territory
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Myanmar (Burma)
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos Keeling Islands
Colombia
Comoros
Cook Islands
Costa Rica
Croatia
Cuba
Curaçao
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Guiana
French Polynesia
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guam
Guatemala
Guinea
Guinea Bissau
Guyana
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Ivory Coast
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
North Korea
North Macedonia
Northern Mariana Islands
Norway
Oman
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Island
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Reunion
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Eswatini (Swaziland)
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor Leste
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United States
Uruguay
US Virgin Islands
Uzbekistan
Vanuatu
Vatican
Venezuela
Vietnam
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
London
ReykjavíkTable of contents
Grocery
United Kingdom vs. Iceland - grocery purchase prices. You would pay on average 1.63 times less for grocery shopping in the United Kingdom than in Iceland.
Apples (1kg)
One kilogram of apples costs 2.88 EUR (3.41 USD) in the United Kingdom and 2.82 EUR (3.34 USD) in Iceland. The price of this product is 2.1% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 1.66 EUR (1.97 USD) in the United Kingdom and 2.13 EUR (2.52 USD) in Iceland. The price of this product is 22.1% lower in the United Kingdom.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 11.98 EUR (14.2 USD) in the United Kingdom and 36.4 EUR (43.14 USD) in Iceland. The price of this product is 67.1% lower in the United Kingdom.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 9.82 EUR (11.64 USD) in the United Kingdom and 20.69 EUR (24.53 USD) in Iceland. The price of this product is 52.5% lower in the United Kingdom.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 7.39 EUR (8.76 USD) in the United Kingdom and 20.67 EUR (24.5 USD) in Iceland. The price of this product is 64.2% lower in the United Kingdom.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 19.64 EUR (23.28 USD) in the United Kingdom and 11.73 EUR (13.9 USD) in Iceland. The price of this product is 40.3% lower in Iceland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.76 EUR (3.27 USD) in the United Kingdom and 3.12 EUR (3.7 USD) in Iceland. The price of this product is 11.5% lower in the United Kingdom.
Eggs (regular) (12)
You will pay 4.2 EUR (4.98 USD) for 12 eggs in the United Kingdom and 5.46 EUR (6.48 USD) in Iceland. The price of this product is 23.1% lower in the United Kingdom.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.44 EUR (4.08 USD) in the United Kingdom and 2.89 EUR (3.43 USD) in Iceland. The price of this product is 16% lower in Iceland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 1.17 EUR (1.38 USD) in the United Kingdom and 2.67 EUR (3.16 USD) in Iceland. The price of this product is 56.2% lower in the United Kingdom.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.89 EUR (2.25 USD) in the United Kingdom and 3.66 EUR (4.34 USD) in Iceland. The price of this product is 48.4% lower in the United Kingdom.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 9.19 EUR (10.9 USD) in the United Kingdom and 15.67 EUR (18.58 USD) in Iceland. The price of this product is 41.4% lower in the United Kingdom.
Milk (regular), (1 liter)
One liter of milk costs 1.5 EUR (1.78 USD) in the United Kingdom and 1.65 EUR (1.95 USD) in Iceland. The price of this product is 9.1% lower in the United Kingdom.
Onion (1kg)
One kilogram of onions costs 1.55 EUR (1.83 USD) in the United Kingdom and 2.04 EUR (2.42 USD) in Iceland. The price of this product is 24% lower in the United Kingdom.
Oranges (1kg)
One kilogram of oranges costs 2.66 EUR (3.15 USD) in the United Kingdom and 2.62 EUR (3.11 USD) in Iceland. The price of this product is 1.5% lower in Iceland.
Potato (1kg)
One kilogram of potatoes costs 1.39 EUR (1.64 USD) in the United Kingdom and 3.1 EUR (3.67 USD) in Iceland. The price of this product is 55.2% lower in the United Kingdom.
Rice (white), (1kg)
One kilogram of white rice costs 2.15 EUR (2.55 USD) in the United Kingdom and 3.13 EUR (3.71 USD) in Iceland. The price of this product is 31.3% lower in the United Kingdom.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 3.11 EUR (3.68 USD) in the United Kingdom and 4.29 EUR (5.09 USD) in Iceland. The price of this product is 27.5% lower in the United Kingdom.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.63 EUR (1.93 USD) in the United Kingdom and 1.69 EUR (2 USD) in Iceland. The price of this product is 3.6% lower in the United Kingdom.
Restaurant
United Kingdom vs. Iceland - expenses on meals in restaurants. You would pay 1.34 times less for meals in restaurants in the United Kingdom than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 4.42 EUR (5.24 USD) in the United Kingdom and 5.25 EUR (6.22 USD) in Iceland. The price of this product is 15.8% lower in the United Kingdom.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.43 EUR (2.88 USD) in the United Kingdom and 2.81 EUR (3.33 USD) in Iceland. The price of this product is 13.5% lower in the United Kingdom.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 7.47 EUR (8.86 USD) in the United Kingdom and 11.04 EUR (13.08 USD) in Iceland. The price of this product is 32.3% lower in the United Kingdom.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 6.83 EUR (8.09 USD) in the United Kingdom and 9.66 EUR (11.45 USD) in Iceland. The price of this product is 29.3% lower in the United Kingdom.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 9.24 EUR (10.95 USD) in the United Kingdom and 19.31 EUR (22.89 USD) in Iceland. The price of this product is 52.1% lower in the United Kingdom.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 92.41 EUR (109.54 USD) in the United Kingdom and 124.15 EUR (147.17 USD) in Iceland. The price of this product is 25.6% lower in the United Kingdom.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 23.1 EUR (27.38 USD) in the United Kingdom and 23.11 EUR (27.39 USD) in Iceland. The price of this product is 0% lower in the United Kingdom.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.52 EUR (1.81 USD) in the United Kingdom and 2.25 EUR (2.66 USD) in Iceland. The price of this product is 32.4% lower in the United Kingdom.
Fuel
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 1.63 EUR (1.93 USD) in the United Kingdom and 2.24 EUR (2.65 USD) in Iceland. The price of this product is 27.2% lower in the United Kingdom.
Gasoline 1L
A liter of gasoline costs 1.54 EUR (1.83 USD) in the United Kingdom and 2.14 EUR (2.53 USD) in Iceland. The price of this product is 28% lower in the United Kingdom.
LPG 1L
Transportation
United Kingdom vs. Iceland - costs of transportation and public communication. You would pay 1.63 times more for transportation in the United Kingdom than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 214.95 EUR (254.79 USD) in the United Kingdom and 74.49 EUR (88.3 USD) in Iceland. The price of this product is 65.3% lower in Iceland.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 3.47 EUR (4.11 USD) in the United Kingdom and 4.48 EUR (5.31 USD) in Iceland. The price of this product is 22.5% lower in the United Kingdom.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 34.65 EUR (41.08 USD) in the United Kingdom and 73.87 EUR (87.56 USD) in Iceland. The price of this product is 53.1% lower in the United Kingdom.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 2.89 EUR (3.42 USD) in the United Kingdom and 2.23 EUR (2.65 USD) in Iceland. The price of this product is 22.8% lower in Iceland.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 5.08 EUR (6.02 USD) in the United Kingdom and 5.45 EUR (6.46 USD) in Iceland. The price of this product is 6.8% lower in the United Kingdom.
Sports & entertainment
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 17.33 EUR (20.54 USD) in the United Kingdom and 15.11 EUR (17.91 USD) in Iceland. The price of this product is 12.8% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 55.67 EUR (66 USD) in the United Kingdom and 71.23 EUR (84.43 USD) in Iceland. The price of this product is 21.8% lower in the United Kingdom.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 20.73 EUR (24.58 USD) in the United Kingdom and 38.97 EUR (46.19 USD) in Iceland. The price of this product is 46.8% lower in the United Kingdom.
Flats for rent
United Kingdom vs. Iceland - costs of renting an apartment. You would pay about 1.42 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 2562 EUR (3036.92 USD) in the United Kingdom and 1900 EUR (2252.28 USD) in Iceland. The price of this product is 25.8% lower in Iceland.
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 1911 EUR (2265.76 USD) in the United Kingdom and 1742 EUR (2064.43 USD) in Iceland. The price of this product is 8.8% lower in Iceland.
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 4760 EUR (5642.43 USD) in the United Kingdom and 2728 EUR (3233.93 USD) in Iceland. The price of this product is 42.7% lower in Iceland.
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 3177 EUR (3766.38 USD) in the United Kingdom and 2354 EUR (2790.23 USD) in Iceland. The price of this product is 25.9% lower in Iceland.
Flats for sale
United Kingdom vs. Iceland - costs of purchasing an apartment. You would pay 2.26 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 17525 EUR (20773.35 USD) in the United Kingdom and 6547 EUR (7760.34 USD) in Iceland. The price of this product is 62.6% lower in Iceland.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 9746 EUR (11552.29 USD) in the United Kingdom and 5536 EUR (6562.21 USD) in Iceland. The price of this product is 43.2% lower in Iceland.
Salary
United Kingdom vs. Iceland - average salary. The average salary in the United Kingdom is 1.05 times lower than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 3430 EUR (4065.38 USD) in the United Kingdom and 3616 EUR (4286.19 USD) in Iceland. The average salary is 5.1% lower in the United Kingdom.
Hotels
United Kingdom vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
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