Cost of Living Comparison Between Iceland and United Kingdom in 2026

Summary of Cost Of Living Comparison Between Iceland and United Kingdom

• Cost of Living With Rent in United Kingdom is 30.3% lower than in Iceland

• Cost of Living Excluding Rent in United Kingdom is 34.1% lower than in Iceland

• Rental Cost in United Kingdom is 25.7% lower than in Iceland

• Food & Groceries Cost in United Kingdom is 63.2% lower than in Iceland

• Transportation Cost in United Kingdom is 15.0% higher than in Iceland

• Healthcare Cost in United Kingdom is 24.8% lower than in Iceland

• Salary in United Kingdom is 35.0% lower than in Iceland

Disclaimer: The data presented on this page is for informational purposes only and should be used as a general guide. Actual costs may vary significantly based on individual lifestyle choices and current economic conditions. We strive to provide up-to-date information, but prices are subject to change without notice. Always conduct thorough personal research and consult with financial professionals before making important financial or relocation decisions.
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Comparison Details

Category Subcategory Description Iceland United Kingdom Difference (%)
Monthly rent for your primary residence (apartments, houses, condos) $1,750.00 $1,300.00 -25.7%
Monthly electricity bill $40.00 $93.00 132.5%
Monthly running water bill $20.00 $40.00 100.0%
Monthly broadband internet subscription with unlimited data and cable TV $95.00 $65.00 -31.6%
Monthly gas and heating expenses $80.00 $85.00 6.3%
Monthly mobile phone plan with data and calling $65.00 $25.00 -61.5%
Monthly food and grocery expenses $950.00 $350.00 -63.2%
Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) $110.00 $42.00 -61.8%
Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) $200.00 $230.00 15.0%
Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) $140.00 $144.00 2.9%
Monthly expenses for clothing, shoes, and accessories $120.00 $95.00 -20.8%
Monthly health insurance cost $180.00 $95.00 -47.2%
Monthly prescription medications and pharmacy expenses $65.00 $30.00 -53.8%
Monthly doctor visits and dental care expenses $70.00 $112.00 60.0%
Monthly gym membership $70.00 $50.00 -28.6%
Monthly expenses for laundry and housekeeping services $195.00 $105.00 -46.2%
Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) $200.00 $135.00 -32.5%
Monthly childcare and school fees $0.00 $0.00 0%
Total (selected items only) $3,885.00 $2,706.00 -30.3%

Salary Comparison

Category Subcategory Description Iceland United Kingdom Difference (%)
Salary Salary Monthly salary (full-time) $5,600.00 $3,640.00 -35.0%

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