Reykjavík vs Edinburgh Cost of Living

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

Summary

  • Overall, Edinburgh is 25% cheaper than Reykjavík.
  • Rent in Edinburgh is 31% cheaper than in Reykjavík.
  • Transport in Edinburgh is 30% cheaper than in Reykjavík.
ItemReykjavíkEdinburghDiff
Rent-31%
1-bedroom apartment, city centre (monthly)$2,354$1,443-39%
1-bedroom apartment, outside centre (monthly)$1,374$1,162-15%
3-bedroom apartment, city centre (monthly)$4,672$2,865-39%
3-bedroom apartment, outside centre (monthly)$2,558$1,811-29%
Groceries-21%
Milk (1L)$1.28$0.92-28%
White bread (500g)$4.21$3.19-24%
Rice (1kg)$4.67$3.73-20%
Eggs (12)$4.47$3.67-18%
Local cheese (1kg)$12.4$11.8-5%
Chicken fillets (1kg)$12.5$9.77-22%
Beef round (1kg)$19.2$14.3-26%
Apples (1kg)$5.98$4.4-26%
Bananas (1kg)$1.9$1.49-22%
Oranges (1kg)$4.91$3.65-26%
Tomatoes (1kg)$5.77$4.12-29%
Potatoes (1kg)$2.73$2.52-8%
Onions (1kg)$2.89$2.33-19%
Lettuce (1 head)$2.38$2.2-8%
Water (1.5L bottle)$2.17$1.8-17%
Bottle of wine (mid-range)$16$10.7-33%
Transport-30%
Public transport, one-way ticket$2.38$1.64-31%
Public transport, monthly pass$108$74-31%
Taxi, base fare$4.14$2.9-30%
Taxi, per km$1.76$1.29-27%
Gasoline (1L)$1.01$0.68-33%
New compact car (e.g., VW Golf)$28,416$20,187-29%
Dining out-28%
Meal, inexpensive restaurant$23$14.3-38%
Meal for 2, mid-range restaurant (3 courses)$106$93.6-12%
Fast food combo meal$12.5$9.08-27%
Cappuccino$4.86$3.72-23%
Coke/Pepsi (0.33L, restaurant)$2.58$1.73-33%
Domestic beer (0.5L, restaurant)$7.04$4.94-30%
Imported beer (0.33L, restaurant)$8.5$5.59-34%
Water (0.33L, restaurant)$1.79$1.43-20%
Telecom-18%
Mobile plan, calls + 10GB+ data (monthly)$61.5$54.3-12%
Broadband internet 60Mbps+ (monthly)$57.2$53.6-6%
Prepaid mobile tariff (1 min)$0.36$0.24-33%
Video streaming subscription (monthly)$16.1$13-19%
Utilities & household-22%
Basic utilities, 85m² apartment (monthly)$171$122-29%
Electricity (1 kWh)$0.2$0.16-20%
Tap water (1m³)$4.58$3.41-26%
Natural gas (1m³)$1.33$1.06-20%
Waste collection (monthly)$20$18-10%
Fitness club (monthly)$88.8$61.5-31%
Cinema ticket (1 seat)$15.2$12.3-19%
Men's haircut$28.6$26.7-7%
Domestic cleaning (1 hour)$25.2$20.3-19%
Private kindergarten (monthly)$2,271$1,472-35%

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

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