Cost of Living Comparison Between Akranes and Ashland, OH Cost of Living Comparison Between Akranes and Ashland, OH

😐 Solo nomad: Akranes is 75.5% more expensive than Ashland, OH without rent, and 57.6% more expensive with rent.

😐 Family of 3: Akranes is 64.2% more expensive than Ashland, OH without rent, and 120% more expensive with rent.

Meal at Budget Restaurant

$26.99 ISK 3,437

$8.22 $8.22

228.35%

Three-Course Dinner for Two, Mid-Range

$147 ISK 18.7K

$39 $39

275.95%

Fast Food Meal (McDonalds, etc)

$22.72 ISK 2,894

$8.18 $8.18

177.75%

Cappuccino

$5.88 ISK 749

$3.76 $3.76

56.38%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.23 ISK 411

$1.7 $1.7

90.00%

Water (0.33 liter bottle)

$2.45 ISK 312

$1.32 $1.32

85.61%

Local Beer (0.5 liter draught)

$10.51 ISK 1,338

$5.08 $5.08

106.89%

Imported Beer (0.33 liter bottle)

$7.84 ISK 998

$4.86 $4.86

61.32%

Milk (1 liter)

$1.88 ISK 240

$0.79 $0.79

137.97%

White Bread (500g)

$1.96 ISK 250

$2.12 $2.12

-7.55%

Rice (white) (1kg)

$3.69 ISK 469

$2.93 $2.93

25.94%

Eggs

$6.12 ISK 780

$2.62 $2.62

133.59%

Local Cheese (1kg)

$18.09 ISK 2,303

$11.42 $11.42

58.41%

Chicken Fillets (1kg)

$24.17 ISK 3,077

$8.48 $8.48

185.02%

Beef Round Steak (1kg)

$42.66 ISK 5,433

$13.81 $13.81

208.91%

Apples (1kg)

$3.26 ISK 415

$3.48 $3.48

-6.32%

Banana (1kg)

$2.42 ISK 308

$1.13 $1.13

114.16%

Oranges (1kg)

$3.12 ISK 397

$3.38 $3.38

-7.69%

Tomato (1kg)

$4.81 ISK 612

$3.64 $3.64

32.14%

Potato (1kg)

$3.64 ISK 463

$1.67 $1.67

117.96%

Onion (1kg)

$2.41 ISK 308

$1.97 $1.97

22.34%

Lettuce (1 head)

$3.06 ISK 389

$2.21 $2.21

38.46%

Water (1.5 liter bottle)

$1.95 ISK 249

$1.42 $1.42

37.32%

Cigarettes 20 Pack (Marlboro, Camel)

$13.69 ISK 1,744

$9.86 $9.86

38.84%

Wine (Bottle)

$24.3 ISK 3,095

$7.85 $7.85

209.55%

Local Beer (0.5 liter bottle)

$2.84 ISK 362

$2 $2

42.00%

Imported Beer (0.33 liter bottle)

$1.99 ISK 254

$2.57 $2.57

-22.57%

One-way Ticket (Public Transport)

$3.52 ISK 448

$2.95 $2.95

19.32%

Public Transport Monthly Pass (Regular Price)

$71 ISK 9,047

$200 $200

-64.51%

Taxi Start (Normal Tariff)

$6.2 ISK 790

$2.46 $2.46

152.03%

Taxi (Normal Tariff) (1km)

$1.05 ISK 134

$1.32 $1.32

-20.45%

Taxi 1hour Waiting (Normal Tariff)

$86.1 ISK 11K

$17.92 $17.92

380.69%

Gasoline (1 liter)

$2.43 ISK 309

$0.86 $0.86

182.56%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$47.4K ISK 6M

$28K $28K

69.29%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$53.2K ISK 6.8M

$25.4K $25.4K

109.39%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$86.3 ISK 11K

$166 $166

-48.13%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.75 ISK 3,534

$34.46 $34.46

-19.47%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.7K

$65.8 $65.8

27.97%

Gym Membership (Monthly)

$34.13 $34.13

Cinema Ticket

$17.51 ISK 2,230

$8.67 $8.67

101.96%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$327 ISK 41.6K

$1,466 $1,466

-77.71%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.8M

$14.3K $14.3K

107.42%

Jeans (Levis 501 Or Similar)

$138 ISK 17.6K

$43.08 $43.08

221.19%

Summer Dress (H&M, Zara, etc)

$61.9 ISK 7,879

$39.86 $39.86

55.22%

Sport Shoes (Adidas, Nike)

$180 ISK 22.9K

$70.6 $70.6

154.73%

Men's Leather Business Shoes

$267 ISK 34K

$65 $65

310.99%

1-bedroom Apartment, City Center (Monthly)

$2,932 ISK 373.4K

$631 $631

364.69%

1-bedroom Apartment, Outside City Center (Monthly)

$1,849 ISK 235.4K

$1,101 $1,101

67.91%

3-bedroom Apartment, City Center (Monthly)

$4,751 ISK 605K

$876 $876

442.22%

3-bedroom Apartment, Outside City Center (Monthly)

$3,654 ISK 465.3K

$1,262 $1,262

189.59%

Buy Apartment in City Center (m2)

$1,732 $1,732

Buy Apartment Outside City Center (m2)

$1,869 $1,869

Average Monthly Net Salary (After Tax)

$5,458 ISK 695K

$3,337 $3,337

63.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

6.51

47.93%

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update for Akranes: November 30, 2025

Last update for Ashland, OH: November 30, 2025

Digital Nomad Cost of Living Index

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