Cost of Living Comparison Between Glasgow and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 49.6% higher than in Glasgow (excluding rent) | |
| Cost of Living Including Rent in Reykjavik is 50.3% higher than in Glasgow | |
| Rent Prices in Reykjavik are 52.0% higher than in Glasgow | |
| Restaurant Prices in Reykjavik are 57.6% higher than in Glasgow | |
| Groceries Prices in Reykjavik are 68.9% higher than in Glasgow | |
| Local Purchasing Power in Reykjavik is 13.0% lower than in Glasgow | |
Restaurants | Glasgow Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
15.00 £ (2,496.50 kr) |
21.03 £ (3,500.00 kr) |
+40.2 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
67.50 £ (11,234.27 kr) |
108.15 £ (18,000.00 kr) |
+60.2 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
8.00 £ (1,330.64 kr) |
16.82 £ (2,800.00 kr) |
+110.4 % |
| Domestic Draft Beer (1 Pint) |
4.95 £ (823.85 kr) |
9.16 £ (1,525.00 kr) |
+85.1 % |
| Imported Beer (12 oz Small Bottle) |
5.00 £ (832.17 kr) |
9.01 £ (1,500.00 kr) |
+80.3 % |
| Cappuccino (Regular Size) |
3.61 £ (600.16 kr) |
4.50 £ (749.18 kr) |
+24.8 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
1.48 £ (246.62 kr) |
2.42 £ (403.32 kr) |
+63.5 % |
| Bottled Water (12 oz) |
1.06 £ (176.12 kr) |
2.01 £ (334.33 kr) |
+89.8 % |
Markets | Glasgow Edit |
Reykjavik Edit | |
| Milk (Regular, 1 Liter) |
1.27 £ (210.87 kr) |
1.48 £ (245.59 kr) |
+16.5 % |
| Fresh White Bread (1 lb Loaf) |
1.03 £ (171.37 kr) |
3.07 £ (511.23 kr) |
+198.3 % |
| White Rice (1 lb) |
0.74 £ (123.12 kr) |
1.21 £ (200.99 kr) |
+63.2 % |
| Eggs (12, Large Size) |
2.84 £ (473.12 kr) |
5.02 £ (835.03 kr) |
+76.5 % |
| Local Cheese (1 lb) |
3.50 £ (583.09 kr) |
6.53 £ (1,087.44 kr) |
+86.5 % |
| Chicken Fillets (1 lb) |
3.04 £ (505.98 kr) |
8.29 £ (1,379.60 kr) |
+172.7 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
5.22 £ (868.17 kr) |
14.26 £ (2,373.77 kr) |
+173.4 % |
| Apples (1 lb) |
1.05 £ (174.98 kr) |
1.23 £ (205.35 kr) |
+17.4 % |
| Bananas (1 lb) |
0.52 £ (85.94 kr) |
0.87 £ (145.18 kr) |
+68.9 % |
| Oranges (1 lb) |
1.13 £ (188.62 kr) |
1.12 £ (186.07 kr) |
-1.4 % |
| Tomatoes (1 lb) |
1.17 £ (193.93 kr) |
1.87 £ (310.61 kr) |
+60.2 % |
| Potatoes (1 lb) |
0.56 £ (92.94 kr) |
1.19 £ (197.73 kr) |
+112.7 % |
| Onions (1 lb) |
0.57 £ (94.18 kr) |
0.83 £ (137.89 kr) |
+46.4 % |
| Lettuce (1 Head) |
0.90 £ (149.55 kr) |
1.94 £ (322.78 kr) |
+115.8 % |
| Bottled Water (50 oz) |
0.96 £ (159.96 kr) |
1.57 £ (261.62 kr) |
+63.6 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (1,331.47 kr) |
17.72 £ (2,950.00 kr) |
+121.6 % |
| Domestic Beer (16.9 oz Bottle) |
2.34 £ (389.73 kr) |
2.81 £ (467.58 kr) |
+20.0 % |
| Imported Beer (12 oz Small Bottle) |
2.44 £ (406.10 kr) |
2.59 £ (430.78 kr) |
+6.1 % |
| Cigarettes (Pack of 20, Marlboro) |
15.93 £ (2,651.29 kr) |
9.91 £ (1,649.50 kr) |
-37.8 % |
Transportation | Glasgow Edit |
Reykjavik Edit | |
| One-Way Ticket (Local Transport) |
3.00 £ (499.30 kr) |
3.91 £ (650.00 kr) |
+30.2 % |
| Monthly Public Transport Pass (Regular Price) |
70.00 £ (11,650.35 kr) |
64.89 £ (10,800.00 kr) |
-7.3 % |
| Taxi Start (Standard Tariff) |
4.25 £ (707.34 kr) |
4.75 £ (790.00 kr) |
+11.7 % |
| Taxi 1 mile (Standard Tariff) |
2.94 £ (488.89 kr) |
3.51 £ (584.79 kr) |
+19.6 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
20.00 £ (3,328.67 kr) |
64.95 £ (10,810.00 kr) |
+224.8 % |
| Gasoline (1 Liter) |
1.45 £ (241.70 kr) |
1.87 £ (311.16 kr) |
+28.7 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
28,285.00 £ (4,707,575.09 kr) |
37,192.00 £ (6,190,000.00 kr) |
+31.5 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
28,419.17 £ (4,729,904.94 kr) |
39,343.01 £ (6,548,000.00 kr) |
+38.4 % |
Utilities (Monthly) | Glasgow Edit |
Reykjavik Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
241.38 £ (40,172.92 kr) |
58.30 £ (9,703.17 kr) |
-75.8 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
13.65 £ (2,272.22 kr) |
22.56 £ (3,755.00 kr) |
+65.3 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
29.05 £ (4,835.16 kr) |
61.48 £ (10,231.54 kr) |
+111.6 % |
Sports And Leisure | Glasgow Edit |
Reykjavik Edit | |
| Monthly Fitness Club Membership |
36.86 £ (6,134.15 kr) |
66.97 £ (11,146.67 kr) |
+81.7 % |
| Tennis Court Rental (1 Hour, Weekend) |
14.33 £ (2,385.55 kr) |
37.13 £ (6,180.00 kr) |
+159.1 % |
| Cinema Ticket (International Release) |
12.00 £ (1,997.20 kr) |
12.02 £ (2,000.00 kr) |
+0.1 % |
Childcare | Glasgow Edit |
Reykjavik Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
853.33 £ (142,023.36 kr) |
248.83 £ (41,412.88 kr) |
-70.8 % |
| International Primary School, Annual Tuition per Child |
13,500.00 £ (2,246,853.94 kr) |
22,497.23 £ (3,744,295.00 kr) |
+66.6 % |
Clothing And Shoes | Glasgow Edit |
Reykjavik Edit | |
| Jeans (Levi's 501 or Similar) |
91.50 £ (15,228.68 kr) |
104.27 £ (17,354.55 kr) |
+14.0 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
37.22 £ (6,195.03 kr) |
46.86 £ (7,799.00 kr) |
+25.9 % |
| Nike Running Shoes (Mid-Range) |
76.56 £ (12,741.42 kr) |
136.01 £ (22,636.36 kr) |
+77.7 % |
| Men's Leather Business Shoes |
73.17 £ (12,177.39 kr) |
180.25 £ (30,000.00 kr) |
+146.4 % |
Rent Per Month | Glasgow Edit |
Reykjavik Edit | |
| 1 Bedroom Apartment in City Centre |
985.00 £ (163,937.12 kr) |
1,745.44 £ (290,500.00 kr) |
+77.2 % |
| 1 Bedroom Apartment Outside of City Centre |
715.00 £ (119,000.04 kr) |
1,538.47 £ (256,052.63 kr) |
+115.2 % |
| 3 Bedroom Apartment in City Centre |
1,962.31 £ (326,593.98 kr) |
2,352.11 £ (391,470.59 kr) |
+19.9 % |
| 3 Bedroom Apartment Outside of City Centre |
1,362.08 £ (226,696.47 kr) |
2,000.44 £ (332,941.18 kr) |
+46.9 % |
Buy Apartment Price | Glasgow Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
285.98 £ (47,597.38 kr) |
544.24 £ (90,579.71 kr) |
+90.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
214.23 £ (35,654.68 kr) |
445.07 £ (74,074.30 kr) |
+107.8 % |
Salaries And Financing | Glasgow Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,492.24 £ (414,792.47 kr) |
3,259.98 £ (542,569.84 kr) |
+30.8 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.63 | 9.33 | +101.7 % |
| Last update: | 10 November 2025 | 11 November 2025 | |
| Contributors in the past 12 months: | 134 | 135 |
Moving to Glasgow? Explore:
Moving to Reykjavik? Explore:
Cities near Glasgow: | Cost of Living in Airdrie | 15.71 miles |
| 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 |
Cities near Reykjavik: | Cost of Living in Hafnarfjörður (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 |