Cost of Living Comparison Between Glasgow and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 38.4% higher than in Glasgow (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 43.3% higher than in Glasgow | |
| Rent Prices in Reykjavik are 55.9% higher than in Glasgow | |
| Restaurant Prices in Reykjavik are 38.6% higher than in Glasgow | |
| Groceries Prices in Reykjavik are 68.3% higher than in Glasgow | |
| Local Purchasing Power in Reykjavik is 15.1% lower than in Glasgow | |
Restaurants | Glasgow Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (2,510.98 kr) |
16.43 £ (2,750.00 kr) |
+9.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 £ (10,043.92 kr) |
94.09 £ (15,750.00 kr) |
+56.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.50 £ (1,088.09 kr) |
12.81 £ (2,145.00 kr) |
+97.1 % |
| Domestic Beer (1 pint draught) |
4.20 £ (703.07 kr) |
8.36 £ (1,400.00 kr) |
+99.1 % |
| Imported Beer (12 oz small bottle) |
4.35 £ (728.18 kr) |
7.17 £ (1,200.00 kr) |
+64.8 % |
| Cappuccino (regular) |
3.02 £ (506.24 kr) |
3.85 £ (643.82 kr) |
+27.2 % |
| Coke/Pepsi (12 oz small bottle) |
1.66 £ (277.73 kr) |
2.30 £ (384.22 kr) |
+38.3 % |
| Water (12 oz small bottle) |
1.11 £ (185.81 kr) |
1.75 £ (292.17 kr) |
+57.2 % |
Markets | Glasgow Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.20 £ (703.30 kr) |
4.94 £ (827.00 kr) |
+17.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.04 £ (173.85 kr) |
2.69 £ (449.97 kr) |
+158.8 % |
| Rice (white), (1 lb) |
0.65 £ (108.68 kr) |
1.20 £ (201.00 kr) |
+85.0 % |
| Eggs (regular) (12) |
2.32 £ (389.17 kr) |
4.98 £ (833.09 kr) |
+114.1 % |
| Local Cheese (1 lb) |
3.28 £ (548.76 kr) |
5.47 £ (915.02 kr) |
+66.7 % |
| Chicken Fillets (1 lb) |
2.95 £ (494.59 kr) |
7.07 £ (1,182.75 kr) |
+139.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.79 £ (801.29 kr) |
11.01 £ (1,843.47 kr) |
+130.1 % |
| Apples (1 lb) |
0.94 £ (157.08 kr) |
1.17 £ (195.24 kr) |
+24.3 % |
| Banana (1 lb) |
0.45 £ (75.04 kr) |
0.80 £ (134.33 kr) |
+79.0 % |
| Oranges (1 lb) |
0.92 £ (154.62 kr) |
0.94 £ (157.95 kr) |
+2.1 % |
| Tomato (1 lb) |
1.06 £ (177.38 kr) |
1.81 £ (302.53 kr) |
+70.6 % |
| Potato (1 lb) |
0.42 £ (70.84 kr) |
1.06 £ (177.55 kr) |
+150.6 % |
| Onion (1 lb) |
0.41 £ (68.15 kr) |
0.63 £ (104.94 kr) |
+54.0 % |
| Lettuce (1 head) |
0.76 £ (127.69 kr) |
2.49 £ (417.41 kr) |
+226.9 % |
| Water (1.5 liter bottle) |
0.87 £ (146.38 kr) |
1.68 £ (280.67 kr) |
+91.7 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (1,339.19 kr) |
16.73 £ (2,800.00 kr) |
+109.1 % |
| Domestic Beer (0.5 liter bottle) |
1.74 £ (291.84 kr) |
2.56 £ (429.23 kr) |
+47.1 % |
| Imported Beer (12 oz small bottle) |
1.95 £ (325.83 kr) |
2.11 £ (353.50 kr) |
+8.5 % |
| Cigarettes 20 Pack (Marlboro) |
13.00 £ (2,176.18 kr) |
9.86 £ (1,650.00 kr) |
-24.2 % |
Transportation | Glasgow Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
2.50 £ (418.50 kr) |
3.29 £ (550.00 kr) |
+31.4 % |
| Monthly Pass (Regular Price) |
70.00 £ (11,717.90 kr) |
53.76 £ (9,000.00 kr) |
-23.2 % |
| Taxi Start (Normal Tariff) |
4.00 £ (669.59 kr) |
4.36 £ (730.00 kr) |
+9.0 % |
| Taxi 1 mile (Normal Tariff) |
2.00 £ (334.80 kr) |
3.49 £ (583.39 kr) |
+74.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
16.80 £ (2,812.30 kr) |
55.91 £ (9,360.00 kr) |
+232.8 % |
| Gasoline (1 gallon) |
6.38 £ (1,067.53 kr) |
7.26 £ (1,215.17 kr) |
+13.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24,000.00 £ (4,017,566.10 kr) |
32,228.47 £ (5,395,000.00 kr) |
+34.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,714.29 £ (4,304,535.10 kr) |
34,799.03 £ (5,825,307.69 kr) |
+35.3 % |
Utilities (Monthly) | Glasgow Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
251.14 £ (42,040.67 kr) |
73.79 £ (12,351.53 kr) |
-70.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
12.11 £ (2,027.38 kr) |
18.93 £ (3,168.33 kr) |
+56.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.48 £ (5,269.71 kr) |
54.17 £ (9,068.26 kr) |
+72.1 % |
Sports And Leisure | Glasgow Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
33.33 £ (5,579.95 kr) |
56.28 £ (9,421.77 kr) |
+68.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.00 £ (2,176.18 kr) |
23.98 £ (4,014.29 kr) |
+84.5 % |
| Cinema, International Release, 1 Seat |
10.00 £ (1,673.99 kr) |
11.95 £ (2,000.00 kr) |
+19.5 % |
Childcare | Glasgow Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
775.00 £ (129,733.91 kr) |
205.09 £ (34,332.45 kr) |
-73.5 % |
| International Primary School, Yearly for 1 Child |
9,750.00 £ (1,632,136.23 kr) |
4,968.18 £ (831,666.67 kr) |
-49.0 % |
Clothing And Shoes | Glasgow Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.17 £ (13,252.39 kr) |
87.04 £ (14,569.90 kr) |
+9.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
29.00 £ (4,854.43 kr) |
33.61 £ (5,626.67 kr) |
+15.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
78.67 £ (13,168.69 kr) |
112.36 £ (18,808.18 kr) |
+42.8 % |
| 1 Pair of Men Leather Business Shoes |
72.08 £ (12,066.65 kr) |
149.86 £ (25,086.76 kr) |
+107.9 % |
Rent Per Month | Glasgow Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
886.96 £ (148,475.85 kr) |
1,390.95 £ (232,842.24 kr) |
+56.8 % |
| Apartment (1 bedroom) Outside of Centre |
692.05 £ (115,847.43 kr) |
1,228.27 £ (205,610.36 kr) |
+77.5 % |
| Apartment (3 bedrooms) in City Centre |
1,521.74 £ (254,736.98 kr) |
2,134.00 £ (357,228.57 kr) |
+40.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,090.46 £ (182,541.72 kr) |
1,830.03 £ (306,343.75 kr) |
+67.8 % |
Buy Apartment Price | Glasgow Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
401.47 £ (67,205.01 kr) |
476.92 £ (79,835.36 kr) |
+18.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
236.50 £ (39,589.56 kr) |
367.40 £ (61,502.41 kr) |
+55.4 % |
Salaries And Financing | Glasgow Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,510.21 £ (420,205.55 kr) |
3,054.67 £ (511,347.88 kr) |
+21.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 | 7.59 | +68.8 % |
| Last update: | September 2023 | September 2023 | |
| Contributors in the past 12 months: | 179 | 229 |
Moving to Glasgow? Explore:
Moving to Reykjavik? Explore:
Cities near Glasgow: | Cost of Living in Stirling | 26.80 miles |
| Cost of Living in Edinburgh | 46.48 miles |
| Cost of Living in Dundee | 81.25 miles |
| Cost of Living in Aberdeen | 145.45 miles |
| Cost of Living in Newcastle upon Tyne | 151.89 miles |
| Cost of Living in Sunderland | 165.67 miles |
| Cost of Living in Durham | 167.55 miles |
| Cost of Living in Inverness | 170.25 miles |
| Cost of Living in Preston | 184.14 miles |
| Cost of Living in Middlesbrough | 189.21 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |