Cost of Living in Akureyri - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,039 (excluding rent), and $2,883 including rent.
Family of 3: Estimated monthly costs are $2,665 (excluding rent), and $4,866 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$23.7 kr 2,956
$19.75 kr 2,463
$27.65 kr 3,449
Three-Course Dinner for Two, Mid-Range
$126 kr 15.7K
$102 kr 12.8K
$126 kr 15.7K
Fast Food Meal (McDonalds, etc)
$22.36 kr 2,789
$20.32 kr 2,535
$24.39 kr 3,043
Cappuccino
$4.85 kr 605
$2.4 kr 299
$5.6 kr 698
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.44 kr 429
$2.48 kr 309
$4.54 kr 566
Water (0.33 liter bottle)
$3.04 kr 379
$2.03 kr 253
$4.05 kr 506
Local Beer (0.5 liter draught)
$10.64 kr 1,328
$9.46 kr 1,180
$11.82 kr 1,475
Imported Beer (0.33 liter bottle)
$9.07 kr 1,132
$6.31 kr 788
$11.83 kr 1,476
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.88 kr 359
-
White Bread (500g)
$2.32 kr 290
$1.71 kr 213
$2.94 kr 367
Rice (white) (1kg)
$3.13 kr 390
-
Eggs
$7.96 kr 993
-
Chicken Fillets (1kg)
$24.48 kr 3,054
-
Cigarettes 20 Pack (Marlboro, Camel)
$13.4 kr 1,672
$12.03 kr 1,501
$14.77 kr 1,842
🚌 Getting Around
Cost
Range
Gasoline (1 liter)
$2.56 kr 319
$2.47 kr 309
$2.61 kr 325
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$40.3K kr 5M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$63.2K kr 7.9M
-
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$119 kr 14.8K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$24.66 kr 3,076
$23.65 kr 2,951
$79.1 kr 9,869
Internet (50+ Mbps, Unlimited Data)
$163 kr 20.4K
-
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$83.4 kr 10.4K
-
Cinema Ticket
$15.05 kr 1,877
$10.04 kr 1,252
$20.06 kr 2,503
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$363 kr 45.3K
-
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$81.7 kr 10.2K
-
Sport Shoes (Adidas, Nike)
$119 kr 14.9K
-
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$1,761 kr 219.7K
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,792 kr 223.6K
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,103 kr 262.4K
-
Buy Apartment in City Center (m2)
$6,534 kr 815.1K
-
Buy Apartment Outside City Center (m2)
$6,487 kr 809.3K
-
💵 Salaries & Financials
Cost
Range
20-Year Fixed Mortgage Interest Rate (Annual %)
9.4
-
Citycost data is based on AI and user input — minor inaccuracies may occur.
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