Cost of Living Comparison Between Glasgow and Reykjavik 
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| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 32.2% higher than in Glasgow (without rent) | |
| Cost of Living Including Rent in Reykjavik is 35.2% higher than in Glasgow | |
| Rent Prices in Reykjavik are 42.8% higher than in Glasgow | |
| Restaurant Prices in Reykjavik are 37.0% higher than in Glasgow | |
| Groceries Prices in Reykjavik are 53.5% higher than in Glasgow | |
| Local Purchasing Power in Reykjavik is 17.5% lower than in Glasgow | |
Restaurants | Glasgow Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (2,685.26 kr) |
16.76 £ (3,000.00 kr) |
+11.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
68.00 £ (12,173.18 kr) |
94.96 £ (17,000.00 kr) |
+39.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.00 £ (1,253.12 kr) |
13.97 £ (2,500.00 kr) |
+99.5 % |
| Domestic Beer (0.5 liter draught) |
4.80 £ (859.28 kr) |
8.38 £ (1,500.00 kr) |
+74.6 % |
| Imported Beer (0.33 liter bottle) |
5.00 £ (895.09 kr) |
7.82 £ (1,400.00 kr) |
+56.4 % |
| Cappuccino (regular) |
3.41 £ (610.81 kr) |
4.07 £ (728.70 kr) |
+19.3 % |
| Coke/Pepsi (0.33 liter bottle) |
1.71 £ (305.45 kr) |
2.46 £ (440.23 kr) |
+44.1 % |
| Water (0.33 liter bottle) |
1.14 £ (203.35 kr) |
1.71 £ (306.51 kr) |
+50.7 % |
Markets | Glasgow Edit |
Reykjavik Edit | |
| Milk (regular), (1 liter) |
1.25 £ (224.39 kr) |
1.31 £ (234.74 kr) |
+4.6 % |
| Loaf of Fresh White Bread (500g) |
1.27 £ (227.24 kr) |
2.80 £ (500.97 kr) |
+120.5 % |
| Rice (white), (1kg) |
1.81 £ (323.75 kr) |
2.46 £ (440.63 kr) |
+36.1 % |
| Eggs (regular) (12) |
2.83 £ (506.92 kr) |
4.46 £ (798.71 kr) |
+57.6 % |
| Local Cheese (1kg) |
8.09 £ (1,448.03 kr) |
12.03 £ (2,152.87 kr) |
+48.7 % |
| Chicken Fillets (1kg) |
6.93 £ (1,240.34 kr) |
16.14 £ (2,889.83 kr) |
+133.0 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) |
10.46 £ (1,871.89 kr) |
28.21 £ (5,049.65 kr) |
+169.8 % |
| Apples (1kg) |
2.52 £ (450.30 kr) |
2.40 £ (428.95 kr) |
-4.7 % |
| Banana (1kg) |
1.16 £ (207.71 kr) |
1.72 £ (307.98 kr) |
+48.3 % |
| Oranges (1kg) |
2.28 £ (408.61 kr) |
2.08 £ (372.40 kr) |
-8.9 % |
| Tomato (1kg) |
3.23 £ (578.64 kr) |
3.80 £ (680.42 kr) |
+17.6 % |
| Potato (1kg) |
1.05 £ (187.88 kr) |
2.45 £ (438.82 kr) |
+133.6 % |
| Onion (1kg) |
1.11 £ (198.16 kr) |
1.60 £ (285.69 kr) |
+44.2 % |
| Lettuce (1 head) |
0.83 £ (148.86 kr) |
2.36 £ (422.57 kr) |
+183.9 % |
| Water (1.5 liter bottle) |
0.88 £ (158.32 kr) |
1.55 £ (277.31 kr) |
+75.2 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (1,432.14 kr) |
16.76 £ (3,000.00 kr) |
+109.5 % |
| Domestic Beer (0.5 liter bottle) |
2.04 £ (364.81 kr) |
2.47 £ (442.05 kr) |
+21.2 % |
| Imported Beer (0.33 liter bottle) |
2.29 £ (410.76 kr) |
2.06 £ (369.19 kr) |
-10.1 % |
| Cigarettes 20 Pack (Marlboro) |
14.95 £ (2,675.42 kr) |
9.38 £ (1,679.00 kr) |
-37.2 % |
Transportation | Glasgow Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
2.83 £ (505.72 kr) |
3.52 £ (630.00 kr) |
+24.6 % |
| Monthly Pass (Regular Price) |
60.90 £ (10,902.16 kr) |
58.09 £ (10,400.00 kr) |
-4.6 % |
| Taxi Start (Normal Tariff) |
4.00 £ (716.07 kr) |
4.16 £ (745.00 kr) |
+4.0 % |
| Taxi 1km (Normal Tariff) |
1.42 £ (254.45 kr) |
1.81 £ (324.00 kr) |
+27.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 £ (3,580.35 kr) |
59.32 £ (10,620.00 kr) |
+196.6 % |
| Gasoline (1 liter) |
1.46 £ (261.53 kr) |
1.74 £ (312.11 kr) |
+19.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (5,063,507.90 kr) |
32,901.82 £ (5,890,000.00 kr) |
+16.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,200.00 £ (4,690,256.56 kr) |
35,386.92 £ (6,334,875.00 kr) |
+35.1 % |
Utilities (Monthly) | Glasgow Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment |
263.39 £ (47,152.27 kr) |
54.68 £ (9,789.40 kr) |
-79.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.13 £ (2,350.24 kr) |
19.28 £ (3,452.11 kr) |
+46.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.25 £ (5,594.22 kr) |
54.16 £ (9,694.99 kr) |
+73.3 % |
Sports And Leisure | Glasgow Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
36.95 £ (6,614.22 kr) |
54.21 £ (9,705.17 kr) |
+46.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
15.20 £ (2,721.06 kr) |
26.88 £ (4,812.50 kr) |
+76.9 % |
| Cinema, International Release, 1 Seat |
13.00 £ (2,327.23 kr) |
11.45 £ (2,050.00 kr) |
-11.9 % |
Childcare | Glasgow Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
886.67 £ (158,728.78 kr) |
195.42 £ (34,984.44 kr) |
-78.0 % |
| International Primary School, Yearly for 1 Child |
9,750.00 £ (1,745,419.90 kr) |
4,645.73 £ (831,666.67 kr) |
-52.4 % |
Clothing And Shoes | Glasgow Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
70.77 £ (12,668.93 kr) |
84.46 £ (15,119.89 kr) |
+19.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
37.10 £ (6,641.55 kr) |
38.54 £ (6,898.75 kr) |
+3.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
90.56 £ (16,211.02 kr) |
117.70 £ (21,069.75 kr) |
+30.0 % |
| 1 Pair of Men Leather Business Shoes |
76.11 £ (13,625.22 kr) |
150.48 £ (26,939.41 kr) |
+97.7 % |
Rent Per Month | Glasgow Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
1,045.25 £ (187,117.96 kr) |
1,502.23 £ (268,925.93 kr) |
+43.7 % |
| Apartment (1 bedroom) Outside of Centre |
737.89 £ (132,096.02 kr) |
1,365.09 £ (244,375.00 kr) |
+85.0 % |
| Apartment (3 bedrooms) in City Centre |
1,836.94 £ (328,844.48 kr) |
2,173.44 £ (389,083.33 kr) |
+18.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,229.85 £ (220,164.58 kr) |
1,886.05 £ (337,636.36 kr) |
+53.4 % |
Buy Apartment Price | Glasgow Edit |
Reykjavik Edit | |
| Price per Square Meter to Buy Apartment in City Centre |
2,942.50 £ (526,758.78 kr) |
4,878.48 £ (873,333.28 kr) |
+65.8 % |
| Price per Square Meter to Buy Apartment Outside of Centre |
2,449.95 £ (438,584.62 kr) |
4,043.26 £ (723,814.30 kr) |
+65.0 % |
Salaries And Financing | Glasgow Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,650.41 £ (474,469.87 kr) |
2,956.09 £ (529,191.85 kr) |
+11.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.51 | 8.81 | +60.0 % |
| Last update: | October 2024 | October 2024 | |
| Contributors in the past 12 months: | 167 | 198 |
Moving to Glasgow? Explore:
Moving to Reykjavik? Explore:
Cities near Glasgow: | Cost of Living in Stirling | 43.14 km |
| Cost of Living in Edinburgh | 74.81 km |
| Cost of Living in Dundee | 130.77 km |
| Cost of Living in Aberdeen | 234.08 km |
| Cost of Living in Newcastle upon Tyne | 244.44 km |
| Cost of Living in Sunderland | 266.62 km |
| Cost of Living in Durham | 269.65 km |
| Cost of Living in Inverness | 274.00 km |
| Cost of Living in Preston | 296.35 km |
| Cost of Living in Middlesbrough | 304.51 km |
Cities near Reykjavik: | Cost of Living in Hafnarfjörður (Hafnarfjorour) | 10.12 km |
| Cost of Living in Akranes | 46.99 km |
| Cost of Living in Grindavik | 50.42 km |
| Cost of Living in Grundarfjordur | 175.10 km |
| Cost of Living in Kirkjubaejarklaustur | 256.02 km |
| Cost of Living in Hofsos | 339.56 km |