Edinburgh vs Reykjavík Cost of Living

Edinburgh (United Kingdom) · Overall index 59.0Reykjavík (Iceland) · Overall index 78.7

Summary

  • Overall, Reykjavík is 33% more expensive than Edinburgh.
  • Rent in Reykjavík is 45% more expensive than in Edinburgh.
  • Transport in Reykjavík is 43% more expensive than in Edinburgh.
ItemEdinburghReykjavíkDiff
Rent+45%
1-bedroom apartment, city centre (monthly)$1,443$2,354+63%
1-bedroom apartment, outside centre (monthly)$1,162$1,374+18%
3-bedroom apartment, city centre (monthly)$2,865$4,672+63%
3-bedroom apartment, outside centre (monthly)$1,811$2,558+41%
Groceries+27%
Milk (1L)$0.92$1.28+39%
White bread (500g)$3.19$4.21+32%
Rice (1kg)$3.73$4.67+25%
Eggs (12)$3.67$4.47+22%
Local cheese (1kg)$11.8$12.4+5%
Chicken fillets (1kg)$9.77$12.5+28%
Beef round (1kg)$14.3$19.2+34%
Apples (1kg)$4.4$5.98+36%
Bananas (1kg)$1.49$1.9+28%
Oranges (1kg)$3.65$4.91+35%
Tomatoes (1kg)$4.12$5.77+40%
Potatoes (1kg)$2.52$2.73+8%
Onions (1kg)$2.33$2.89+24%
Lettuce (1 head)$2.2$2.38+8%
Water (1.5L bottle)$1.8$2.17+21%
Bottle of wine (mid-range)$10.7$16+50%
Transport+43%
Public transport, one-way ticket$1.64$2.38+45%
Public transport, monthly pass$74$108+46%
Taxi, base fare$2.9$4.14+43%
Taxi, per km$1.29$1.76+36%
Gasoline (1L)$0.68$1.01+49%
New compact car (e.g., VW Golf)$20,187$28,416+41%
Dining out+38%
Meal, inexpensive restaurant$14.3$23+61%
Meal for 2, mid-range restaurant (3 courses)$93.6$106+13%
Fast food combo meal$9.08$12.5+38%
Cappuccino$3.72$4.86+31%
Coke/Pepsi (0.33L, restaurant)$1.73$2.58+49%
Domestic beer (0.5L, restaurant)$4.94$7.04+43%
Imported beer (0.33L, restaurant)$5.59$8.5+52%
Water (0.33L, restaurant)$1.43$1.79+25%
Telecom+22%
Mobile plan, calls + 10GB+ data (monthly)$54.3$61.5+13%
Broadband internet 60Mbps+ (monthly)$53.6$57.2+7%
Prepaid mobile tariff (1 min)$0.24$0.36+50%
Video streaming subscription (monthly)$13$16.1+24%
Utilities & household+28%
Basic utilities, 85m² apartment (monthly)$122$171+40%
Electricity (1 kWh)$0.16$0.2+25%
Tap water (1m³)$3.41$4.58+34%
Natural gas (1m³)$1.06$1.33+25%
Waste collection (monthly)$18$20+11%
Fitness club (monthly)$61.5$88.8+44%
Cinema ticket (1 seat)$12.3$15.2+24%
Men's haircut$26.7$28.6+7%
Domestic cleaning (1 hour)$20.3$25.2+24%
Private kindergarten (monthly)$1,472$2,271+54%

3,186 total data points · Price data as of 2026-07-01 · Exchange rates as of 2026-07-15

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