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Near this price

You can buy one of the following:

Oxford English Dictionary
20 volume dictionary for £750 (Íkr140,800) from source

Thousands of

You can buy one of the following:

Clockwork Skipping Penguin
Gifts for £2.50 (Íkr469.50) from hawkin
Words by Stephen Fry
Cost per word of Stephen Fry's column for £3 (Íkr563.40)

Shopping list

You can buy all of the following:

1 Income of average person
Yearly income of average person (worldwide) for US$7,880 (Íkr964,800) from source
×200

200 The Big Bubble Book
Toys for £8.99 (Íkr1,688) from hawkin
×400

400 Party Bag Filler Mini Notepad
Gifts for £0.25 (Íkr46.95) from hawkin