Iceland is in average 7% cheaper than London. The biggest difference is Childcare (-81%) and Buy (-62%). The smallest difference is Utilities (+3%) and Transport (-4%).
Some Price Examples (vs London):
🛒
Food
+31.95%
-
🍔
Meal, Inexpensive Restaurant
$25.86vs$26.25
🍽
Meal for 2 People, Mid-range Restaurant, Three-course
$134.51vs$104.96
🍟
McMeal at McDonalds
$18.62vs$10.50
☕
Cappuccino (regular)
$5.92vs$5.12
🥤
Coke/Pepsi (0.33 liter bottle)
$3.52vs$2.63
🚰
Water (0.33 liter bottle)
$2.73vs$1.98
🥛
Milk (regular), (1 liter)
$1.79vs$1.65
🍞
Loaf of Fresh White Bread (500g)
$4.46vs$1.77
🥚
Eggs (regular) (12)
$7.22vs$3.89
🧀
Local Cheese (1kg)
$16.97vs$11.95
🍗
Chicken Fillets (1kg)
$20.80vs$10.80
🍌
Banana (1kg)
$3.12vs$1.92
🍷
Bottle of Wine (Mid-Range)
$26.39vs$14.00
🍺
Domestic Beer (0.5 liter bottle)
$4.14vs$3.23
🚍
Transport
-4.48%
+
🚍
One-way Ticket (Local Transport)
$4.96vs$4.90
🚍
Monthly Pass (Regular Price)
$132.45vs$272.29
🚖
Taxi 1km (Normal Tariff)
$3.18vs$2.97
⛽
Gasoline (1 liter)
$2.33vs$2.13
🚘
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$39,215.73vs$40,265.67
🚘
Toyota Corolla Sedan 1.6l Comfort (Or Equivalent New Car)
$44,207.20vs$40,257.34
💧
Utilities
+2.91%
+
💡
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$153.38vs$303.35
📱
1 min. of Prepaid Mobile Tariff
$0.22vs$0.23
🌐
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$91.26vs$56.01
⚽
Sports
+47.58%
+
🏋️
Fitness Club, Monthly Fee for 1 Adult
$78.89vs$79.83
🎾
Tennis Court Rent (1 Hour)
$46.96vs$17.06
📽
Cinema, International Release, 1 Seat
$17.02vs$24.77
👪
Childcare
-81.42%
+
🧒
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$366.64vs$2,446.36
📚
International Primary School, Yearly for 1 Child
$7,030.89vs$31,699.70
👗
Clothing
+60.81%
+
👖
1 Pair of Jeans (Levis 501 Or Similar)
$158.17vs$103.22
👗
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$75.61vs$48.70
👟
1 Pair of Nike Running Shoes (Mid-Range)
$204.11vs$123.18
👞
1 Pair of Men Leather Business Shoes
$246.03vs$145.54
🛋
Rent
-35.84%
+
🛋
Apartment (1 bedroom) in City Centre
$1,879.36vs$2,899.03
🛋
Apartment (1 bedroom) Outside of Centre
$1,592.16vs$2,224.45
🏠
Apartment (3 bedrooms) in City Centre
$2,854.67vs$5,576.06
🏠
Apartment (3 bedrooms) Outside of Centre
$2,494.19vs$3,611.68
🏠
Buy
-61.76%
+
🏢
Price per Square Meter to Buy Apartment in City Centre
$5,862.47vs$19,646.58
🏡
Price per Square Meter to Buy Apartment Outside of Centre
