Cost of Living Comparison Between Douglas and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 45.0% higher than in Douglas (without rent)
Consumer Prices Including Rent in Reykjavik are 48.4% higher than in Douglas
Rent Prices in Reykjavik are 56.4% higher than in Douglas
Restaurant Prices in Reykjavik are 21.6% higher than in Douglas
Groceries Prices in Reykjavik are 86.7% higher than in Douglas
Local Purchasing Power in Reykjavik is 47.0% lower than in Douglas
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Douglas Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 19.00 £
(3,329.18 kr)
16.81 £
(2,945.00 kr)
     -11.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 £
(12,265.42 kr)
97.02 £
(17,000.00 kr)
     +38.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.85 £
(1,200.26 kr)
13.41 £
(2,350.00 kr)
     +95.8 %
Domestic Beer (1 pint draught) 3.80 £
(665.84 kr)
8.56 £
(1,500.00 kr)
     +125.3 %
Imported Beer (12 oz small bottle) 4.65 £
(814.77 kr)
7.13 £
(1,250.00 kr)
     +53.4 %
Cappuccino (regular) 3.31 £
(580.42 kr)
4.06 £
(711.14 kr)
     +22.5 %
Coke/Pepsi (12 oz small bottle) 1.71 £
(298.97 kr)
2.28 £
(399.48 kr)
     +33.6 %
Water (12 oz small bottle) 1.36 £
(238.30 kr)
1.64 £
(288.01 kr)
     +20.9 %
Markets
Douglas Edit Reykjavik Edit
Milk (regular), (1 gallon) 4.65 £
(814.89 kr)
4.89 £
(856.52 kr)
     +5.1 %
Loaf of Fresh White Bread (1 lb) 1.20 £
(209.67 kr)
2.65 £
(464.58 kr)
     +121.6 %
Rice (white), (1 lb) 0.65 £
(114.18 kr)
1.19 £
(207.81 kr)
     +82.0 %
Eggs (regular) (12) 2.35 £
(411.70 kr)
4.69 £
(821.68 kr)
     +99.6 %
Local Cheese (1 lb) 2.20 £
(386.04 kr)
5.51 £
(965.37 kr)
     +150.1 %
Chicken Fillets (1 lb) 2.76 £
(482.91 kr)
7.04 £
(1,233.09 kr)
     +155.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.35 £
(586.16 kr)
11.31 £
(1,982.11 kr)
     +238.2 %
Apples (1 lb) 0.82 £
(143.06 kr)
1.21 £
(212.21 kr)
     +48.3 %
Banana (1 lb) 0.51 £
(89.41 kr)
0.77 £
(134.68 kr)
     +50.6 %
Oranges (1 lb) 0.79 £
(139.09 kr)
1.00 £
(175.06 kr)
     +25.9 %
Tomato (1 lb) 1.33 £
(232.48 kr)
1.77 £
(309.60 kr)
     +33.2 %
Potato (1 lb) 0.40 £
(70.74 kr)
1.12 £
(196.68 kr)
     +178.1 %
Onion (1 lb) 0.65 £
(113.26 kr)
0.80 £
(140.44 kr)
     +24.0 %
Lettuce (1 head) 0.74 £
(129.22 kr)
2.51 £
(439.56 kr)
     +240.2 %
Water (1.5 liter bottle) 0.62 £
(109.07 kr)
1.60 £
(281.00 kr)
     +157.6 %
Bottle of Wine (Mid-Range) 8.00 £
(1,401.76 kr)
15.69 £
(2,749.50 kr)
     +96.1 %
Domestic Beer (0.5 liter bottle) 1.90 £
(332.92 kr)
2.48 £
(434.15 kr)
     +30.4 %
Imported Beer (12 oz small bottle) 1.94 £
(339.93 kr)
2.03 £
(355.89 kr)
     +4.7 %
Cigarettes 20 Pack (Marlboro) 12.00 £
(2,102.64 kr)
9.42 £
(1,650.00 kr)
     -21.5 %
Transportation
Douglas Edit Reykjavik Edit
One-way Ticket (Local Transport) 2.00 £
(350.44 kr)
3.25 £
(570.00 kr)
     +62.7 %
Monthly Pass (Regular Price) 32.00 £
(5,607.05 kr)
53.08 £
(9,300.00 kr)
     +65.9 %
Taxi Start (Normal Tariff) 3.60 £
(630.79 kr)
4.17 £
(730.00 kr)
     +15.7 %
Taxi 1 mile (Normal Tariff) 1.93 £
(338.39 kr)
2.88 £
(504.53 kr)
     +49.1 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(5,256.61 kr)
54.96 £
(9,630.00 kr)
     +83.2 %
Gasoline (1 gallon) 6.05 £
(1,060.14 kr)
6.81 £
(1,194.08 kr)
     +12.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 £
(4,380,505.43 kr)
33,044.13 £
(5,790,000.00 kr)
     +32.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,986.25 £
(4,553,316.37 kr)
34,419.54 £
(6,031,000.00 kr)
     +32.5 %
Utilities (Monthly)
Douglas Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 135.44 £
(23,732.60 kr)
66.85 £
(11,713.52 kr)
     -50.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.83 £
(4,176.08 kr)
18.57 £
(3,254.67 kr)
     -22.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 48.17 £
(8,439.77 kr)
54.34 £
(9,521.79 kr)
     +12.8 %
Sports And Leisure
Douglas Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 34.66 £
(6,074.01 kr)
51.96 £
(9,103.59 kr)
     +49.9 %
Tennis Court Rent (1 Hour on Weekend) 17.00 £
(2,978.74 kr)
22.91 £
(4,014.29 kr)
     +34.8 %
Cinema, International Release, 1 Seat 9.00 £
(1,576.98 kr)
11.41 £
(2,000.00 kr)
     +26.8 %
Childcare
Douglas Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 800.00 £
(140,176.17 kr)
190.65 £
(33,406.33 kr)
     -76.2 %
International Primary School, Yearly for 1 Child 14,333.33 £
(2,511,489.78 kr)
4,746.41 £
(831,666.67 kr)
     -66.9 %
Clothing And Shoes
Douglas Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 42.00 £
(7,359.25 kr)
82.44 £
(14,445.76 kr)
     +96.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.00 £
(4,730.95 kr)
34.50 £
(6,045.00 kr)
     +27.8 %
1 Pair of Nike Running Shoes (Mid-Range) 51.50 £
(9,023.84 kr)
112.21 £
(19,661.90 kr)
     +117.9 %
1 Pair of Men Leather Business Shoes 54.33 £
(9,520.30 kr)
138.53 £
(24,273.12 kr)
     +155.0 %
Rent Per Month
Douglas Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 893.75 £
(156,603.07 kr)
1,478.58 £
(259,077.12 kr)
     +65.4 %
Apartment (1 bedroom) Outside of Centre 743.75 £
(130,320.04 kr)
1,321.54 £
(231,559.74 kr)
     +77.7 %
Apartment (3 bedrooms) in City Centre 1,514.29 £
(265,333.47 kr)
2,145.67 £
(375,965.52 kr)
     +41.7 %
Apartment (3 bedrooms) Outside of Centre 1,231.25 £
(215,739.89 kr)
1,907.49 £
(334,230.77 kr)
     +54.9 %
Buy Apartment Price
Douglas Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 201.29 £
(35,269.77 kr)
467.11 £
(81,846.89 kr)
     +132.1 %
Price per Square Feet to Buy Apartment Outside of Centre 170.32 £
(29,843.65 kr)
369.14 £
(64,681.33 kr)
     +116.7 %
Salaries And Financing
Douglas Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 3,725.88 £
(652,848.63 kr)
2,929.92 £
(513,380.43 kr)
     -21.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.74 8.14      +197.3 %
Last update: April 2024April 2024
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