United Kingdom

Compared with Iceland, using real observed prices.

Baseline: Iceland = 1×

United Kingdom vs

Iceland

Overall verdict

United Kingdom is about 1.63× Iceland.

Average across 2 categories, 7 items with data

The shape of prices (vs Iceland = 1×)

How to read this

The centre line is Iceland. A bar running right means United Kingdom is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

Iceland Iceland = 1×

United Kingdom is pricier →

⚡ Utilities 1 item

×2.25
⛽ Transport 2 items

×1.18

Thin bar shows the range (cheapest to priciest item in the category)

In United Kingdom, Electricity 1kWh (household) costs 2.2× what it does in Iceland — but Gasoline 1L costs only 1.2×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Electricity 1kWh (household) 1 kWh ×2.25

United Kingdom ISK 50 USD 0.402

Iceland ISK 22 USD 0.179

Observed 2026-04-01 · GlobalPetrolPrices.com
Diesel 1L 1 L ×1.19

United Kingdom ISK 282 USD 2.235

Iceland ISK 237 USD 1.878

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×1.18

United Kingdom ISK 257 USD 2.037

Iceland ISK 218 USD 1.727

Observed 2026-07-20 · GlobalPetrolPrices.com