Cost of Living Comparison Between Glasgow and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 39.2% higher than in Glasgow (excluding rent) | |
| Cost of Living Including Rent in Reykjavik is 39.6% higher than in Glasgow | |
| Rent Prices in Reykjavik are 40.5% higher than in Glasgow | |
| Restaurant Prices in Reykjavik are 50.9% higher than in Glasgow | |
| Groceries Prices in Reykjavik are 57.3% higher than in Glasgow | |
| Local Purchasing Power in Reykjavik is 8.4% lower than in Glasgow | |
Restaurants | Glasgow Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (2,599.38 kr) |
19.33 £ (3,350.00 kr) |
+28.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
70.00 £ (12,130.44 kr) |
109.64 £ (19,000.00 kr) |
+56.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.25 £ (1,256.37 kr) |
15.58 £ (2,700.00 kr) |
+114.9 % |
| Domestic Beer (1 pint draught) |
5.00 £ (866.46 kr) |
9.23 £ (1,600.00 kr) |
+84.7 % |
| Imported Beer (12 oz small bottle) |
5.00 £ (866.46 kr) |
7.79 £ (1,350.00 kr) |
+55.8 % |
| Cappuccino (regular) |
3.61 £ (626.02 kr) |
4.38 £ (759.11 kr) |
+21.3 % |
| Coke/Pepsi (12 oz small bottle) |
1.64 £ (284.20 kr) |
2.36 £ (409.60 kr) |
+44.1 % |
| Water (12 oz small bottle) |
1.11 £ (192.82 kr) |
1.85 £ (320.58 kr) |
+66.3 % |
Markets | Glasgow Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.89 £ (847.31 kr) |
5.08 £ (880.45 kr) |
+3.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.13 £ (195.61 kr) |
2.78 £ (481.56 kr) |
+146.2 % |
| Rice (white), (1 lb) |
0.87 £ (151.06 kr) |
1.17 £ (202.66 kr) |
+34.2 % |
| Eggs (regular) (12) |
2.90 £ (502.62 kr) |
4.62 £ (800.74 kr) |
+59.3 % |
| Local Cheese (1 lb) |
3.45 £ (597.18 kr) |
5.92 £ (1,026.38 kr) |
+71.9 % |
| Chicken Fillets (1 lb) |
3.07 £ (531.57 kr) |
7.73 £ (1,340.13 kr) |
+152.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.81 £ (833.51 kr) |
13.98 £ (2,422.90 kr) |
+190.7 % |
| Apples (1 lb) |
1.16 £ (201.16 kr) |
1.05 £ (181.34 kr) |
-9.9 % |
| Banana (1 lb) |
0.60 £ (104.57 kr) |
0.81 £ (139.78 kr) |
+33.7 % |
| Oranges (1 lb) |
1.11 £ (192.06 kr) |
0.98 £ (170.46 kr) |
-11.2 % |
| Tomato (1 lb) |
1.28 £ (222.07 kr) |
1.54 £ (267.58 kr) |
+20.5 % |
| Potato (1 lb) |
0.59 £ (103.09 kr) |
1.18 £ (205.05 kr) |
+98.9 % |
| Onion (1 lb) |
0.65 £ (113.40 kr) |
0.80 £ (138.57 kr) |
+22.2 % |
| Lettuce (1 head) |
0.91 £ (157.91 kr) |
2.25 £ (389.40 kr) |
+146.6 % |
| Water (1.5 liter bottle) |
1.17 £ (202.03 kr) |
1.39 £ (240.38 kr) |
+19.0 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (1,386.34 kr) |
17.31 £ (3,000.00 kr) |
+116.4 % |
| Domestic Beer (0.5 liter bottle) |
2.17 £ (376.14 kr) |
2.65 £ (458.57 kr) |
+21.9 % |
| Imported Beer (12 oz small bottle) |
2.34 £ (405.94 kr) |
2.36 £ (408.91 kr) |
+0.7 % |
| Cigarettes 20 Pack (Marlboro) |
15.42 £ (2,672.16 kr) |
9.81 £ (1,700.00 kr) |
-36.4 % |
Transportation | Glasgow Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
3.00 £ (519.88 kr) |
3.75 £ (650.00 kr) |
+25.0 % |
| Monthly Pass (Regular Price) |
65.90 £ (11,419.94 kr) |
62.32 £ (10,800.00 kr) |
-5.4 % |
| Taxi Start (Normal Tariff) |
4.00 £ (693.17 kr) |
4.56 £ (790.00 kr) |
+14.0 % |
| Taxi 1 mile (Normal Tariff) |
2.94 £ (509.04 kr) |
3.01 £ (521.43 kr) |
+2.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 £ (3,465.84 kr) |
61.80 £ (10,710.00 kr) |
+209.0 % |
| Gasoline (1 gallon) |
5.48 £ (949.26 kr) |
6.79 £ (1,176.25 kr) |
+23.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (4,901,564.31 kr) |
33,988.87 £ (5,890,000.00 kr) |
+20.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,502.14 £ (4,939,193.43 kr) |
37,508.94 £ (6,500,000.00 kr) |
+31.6 % |
Utilities (Monthly) | Glasgow Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
269.02 £ (46,618.69 kr) |
63.12 £ (10,938.25 kr) |
-76.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.03 £ (2,257.65 kr) |
19.69 £ (3,412.61 kr) |
+51.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.45 £ (5,104.08 kr) |
61.28 £ (10,618.75 kr) |
+108.0 % |
Sports And Leisure | Glasgow Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
39.69 £ (6,877.42 kr) |
59.20 £ (10,259.47 kr) |
+49.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.33 £ (2,483.85 kr) |
26.93 £ (4,666.67 kr) |
+87.9 % |
| Cinema, International Release, 1 Seat |
13.00 £ (2,252.80 kr) |
12.64 £ (2,190.00 kr) |
-2.8 % |
Childcare | Glasgow Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
853.33 £ (147,875.84 kr) |
230.61 £ (39,962.88 kr) |
-73.0 % |
| International Primary School, Yearly for 1 Child |
12,000.00 £ (2,079,504.04 kr) |
21,606.85 £ (3,744,295.00 kr) |
+80.1 % |
Clothing And Shoes | Glasgow Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
91.46 £ (15,849.55 kr) |
99.78 £ (17,291.54 kr) |
+9.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
37.78 £ (6,546.59 kr) |
44.24 £ (7,665.83 kr) |
+17.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
83.78 £ (14,518.02 kr) |
131.03 £ (22,706.79 kr) |
+56.4 % |
| 1 Pair of Men Leather Business Shoes |
81.75 £ (14,166.62 kr) |
190.94 £ (33,089.09 kr) |
+133.6 % |
Rent Per Month | Glasgow Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
1,030.21 £ (178,527.25 kr) |
1,589.66 £ (275,476.19 kr) |
+54.3 % |
| Apartment (1 bedroom) Outside of Centre |
745.79 £ (129,239.35 kr) |
1,457.08 £ (252,500.00 kr) |
+95.4 % |
| Apartment (3 bedrooms) in City Centre |
2,025.23 £ (350,956.30 kr) |
2,282.52 £ (395,541.67 kr) |
+12.7 % |
| Apartment (3 bedrooms) Outside of Centre |
1,399.69 £ (242,554.65 kr) |
1,969.35 £ (341,272.73 kr) |
+40.7 % |
Buy Apartment Price | Glasgow Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
285.98 £ (49,558.77 kr) |
508.85 £ (88,179.73 kr) |
+77.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
214.23 £ (37,123.93 kr) |
429.00 £ (74,343.01 kr) |
+100.3 % |
Salaries And Financing | Glasgow Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,439.84 £ (422,804.38 kr) |
3,120.71 £ (540,793.88 kr) |
+27.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.32 | 9.70 | +82.4 % |
| Last update: | May 2025 | May 2025 | |
| Contributors in the past 12 months: | 105 | 118 |
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 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 |