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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:

Classic Bouncy Ball
Retro toys for £0.75 (Íkr140.80) from hawkin
Pop Up Smiler
Gifts for £0.65 (Íkr122.10) from hawkin

Shopping list

You can buy all of the following:

1 Oxford English Dictionary
20 volume dictionary for £750 (Íkr140,800) from source
1 Housing benefit
Average (mean) weekly housing benefit claim in the UK, July 2011 for £87.18 (Íkr16,370) from source
1 UK Black-and-White Television License
1 Year black-and-white television license, 2011 for £49 (Íkr9,202) from bbc
×500

500 Cups of instant coffee
Cost per cup of instant coffee for £0.05 (Íkr8.64)