Cost of Living Comparison Between Glasgow and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 28.3% higher than in Glasgow (without rent) | |
| Cost of Living Including Rent in Reykjavik is 31.5% higher than in Glasgow | |
| Rent Prices in Reykjavik are 39.1% higher than in Glasgow | |
| Restaurant Prices in Reykjavik are 38.4% higher than in Glasgow | |
| Groceries Prices in Reykjavik are 53.5% higher than in Glasgow | |
| Local Purchasing Power in Reykjavik is 16.0% lower than in Glasgow | |
Restaurants | Glasgow Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (2,651.91 kr) |
16.97 £ (3,000.00 kr) |
+13.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
63.00 £ (11,138.01 kr) |
96.16 £ (17,000.00 kr) |
+52.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.00 £ (1,237.56 kr) |
13.58 £ (2,400.00 kr) |
+93.9 % |
| Domestic Beer (1 pint draught) |
4.50 £ (795.57 kr) |
8.48 £ (1,500.00 kr) |
+88.5 % |
| Imported Beer (12 oz small bottle) |
5.00 £ (883.97 kr) |
7.35 £ (1,300.00 kr) |
+47.1 % |
| Cappuccino (regular) |
3.32 £ (587.16 kr) |
4.10 £ (725.49 kr) |
+23.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.73 £ (304.97 kr) |
2.32 £ (409.50 kr) |
+34.3 % |
| Water (12 oz small bottle) |
1.16 £ (204.52 kr) |
1.68 £ (296.48 kr) |
+45.0 % |
Markets | Glasgow Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.67 £ (825.19 kr) |
4.96 £ (876.61 kr) |
+6.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.11 £ (196.67 kr) |
2.56 £ (452.95 kr) |
+130.3 % |
| Rice (white), (1 lb) |
0.73 £ (128.71 kr) |
1.08 £ (190.32 kr) |
+47.9 % |
| Eggs (regular) (12) |
2.93 £ (517.65 kr) |
4.59 £ (811.98 kr) |
+56.9 % |
| Local Cheese (1 lb) |
3.49 £ (617.58 kr) |
5.53 £ (976.85 kr) |
+58.2 % |
| Chicken Fillets (1 lb) |
3.05 £ (539.37 kr) |
7.17 £ (1,267.43 kr) |
+135.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.87 £ (861.25 kr) |
12.13 £ (2,144.75 kr) |
+149.0 % |
| Apples (1 lb) |
1.04 £ (184.57 kr) |
1.03 £ (181.46 kr) |
-1.7 % |
| Banana (1 lb) |
0.49 £ (86.08 kr) |
0.77 £ (135.45 kr) |
+57.4 % |
| Oranges (1 lb) |
1.00 £ (177.66 kr) |
0.96 £ (169.45 kr) |
-4.6 % |
| Tomato (1 lb) |
1.55 £ (274.64 kr) |
1.77 £ (313.54 kr) |
+14.2 % |
| Potato (1 lb) |
0.46 £ (80.77 kr) |
1.08 £ (190.84 kr) |
+136.3 % |
| Onion (1 lb) |
0.49 £ (87.29 kr) |
0.74 £ (130.73 kr) |
+49.8 % |
| Lettuce (1 head) |
0.80 £ (141.16 kr) |
2.24 £ (396.36 kr) |
+180.8 % |
| Water (1.5 liter bottle) |
0.88 £ (156.35 kr) |
1.49 £ (263.00 kr) |
+68.2 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (1,414.35 kr) |
16.61 £ (2,937.00 kr) |
+107.7 % |
| Domestic Beer (0.5 liter bottle) |
1.88 £ (332.17 kr) |
2.47 £ (436.05 kr) |
+31.3 % |
| Imported Beer (12 oz small bottle) |
2.15 £ (380.79 kr) |
1.95 £ (345.06 kr) |
-9.4 % |
| Cigarettes 20 Pack (Marlboro) |
14.68 £ (2,594.45 kr) |
9.36 £ (1,654.50 kr) |
-36.2 % |
Transportation | Glasgow Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
2.77 £ (490.60 kr) |
3.22 £ (570.00 kr) |
+16.2 % |
| Monthly Pass (Regular Price) |
61.80 £ (10,925.86 kr) |
52.60 £ (9,300.00 kr) |
-14.9 % |
| Taxi Start (Normal Tariff) |
3.75 £ (662.98 kr) |
4.13 £ (730.00 kr) |
+10.1 % |
| Taxi 1 mile (Normal Tariff) |
2.90 £ (512.14 kr) |
2.95 £ (521.43 kr) |
+1.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 £ (3,535.88 kr) |
58.03 £ (10,260.00 kr) |
+190.2 % |
| Gasoline (1 gallon) |
5.72 £ (1,011.29 kr) |
6.72 £ (1,187.92 kr) |
+17.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (5,000,614.13 kr) |
32,750.01 £ (5,790,000.00 kr) |
+15.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,200.00 £ (4,631,998.94 kr) |
34,301.72 £ (6,064,333.33 kr) |
+30.9 % |
Utilities (Monthly) | Glasgow Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
278.17 £ (49,178.32 kr) |
65.64 £ (11,604.71 kr) |
-76.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.16 £ (2,326.40 kr) |
18.28 £ (3,232.50 kr) |
+38.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.50 £ (5,569.01 kr) |
52.93 £ (9,358.30 kr) |
+68.0 % |
Sports And Leisure | Glasgow Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
39.74 £ (7,025.23 kr) |
50.78 £ (8,977.35 kr) |
+27.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.67 £ (2,592.98 kr) |
22.31 £ (3,944.44 kr) |
+52.1 % |
| Cinema, International Release, 1 Seat |
12.00 £ (2,121.53 kr) |
11.58 £ (2,047.50 kr) |
-3.5 % |
Childcare | Glasgow Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
944.17 £ (166,922.86 kr) |
190.40 £ (33,662.22 kr) |
-79.8 % |
| International Primary School, Yearly for 1 Child |
9,750.00 £ (1,723,740.07 kr) |
4,704.16 £ (831,666.67 kr) |
-51.8 % |
Clothing And Shoes | Glasgow Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
73.08 £ (12,919.55 kr) |
79.09 £ (13,983.05 kr) |
+8.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.00 £ (6,364.42 kr) |
34.63 £ (6,121.92 kr) |
-3.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.58 £ (15,837.78 kr) |
109.24 £ (19,313.64 kr) |
+21.9 % |
| 1 Pair of Men Leather Business Shoes |
76.11 £ (13,455.98 kr) |
142.81 £ (25,248.12 kr) |
+87.6 % |
Rent Per Month | Glasgow Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
1,101.85 £ (194,799.63 kr) |
1,481.95 £ (262,000.18 kr) |
+34.5 % |
| Apartment (1 bedroom) Outside of Centre |
760.62 £ (134,473.82 kr) |
1,326.21 £ (234,465.76 kr) |
+74.4 % |
| Apartment (3 bedrooms) in City Centre |
1,858.00 £ (328,482.98 kr) |
2,133.11 £ (377,120.00 kr) |
+14.8 % |
| Apartment (3 bedrooms) Outside of Centre |
1,208.17 £ (213,596.44 kr) |
1,912.81 £ (338,173.91 kr) |
+58.3 % |
Buy Apartment Price | Glasgow Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
273.36 £ (48,329.24 kr) |
452.70 £ (80,035.30 kr) |
+65.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
227.61 £ (40,239.41 kr) |
355.53 £ (62,855.60 kr) |
+56.2 % |
Salaries And Financing | Glasgow Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,655.60 £ (469,493.86 kr) |
2,932.85 £ (518,509.52 kr) |
+10.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.70 | 8.07 | +41.6 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 142 | 184 |
Moving to Glasgow? Explore:
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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 |