Cost of Living Comparison Between Akranes and Kotka Cost of Living Comparison Between Akranes and Kotka

😐 Solo nomad: Akranes is 46.4% more expensive than Kotka without rent, and 90.2% more expensive with rent.

😐 Family of 3: Akranes is 86.6% more expensive than Kotka without rent, and 112.3% more expensive with rent.

Meal at Budget Restaurant

$26.99 ISK 3,437

$12.96 €11.16

108.26%

Three-Course Dinner for Two, Mid-Range

$147 ISK 18.7K

$53.6 €46.15

173.65%

Fast Food Meal (McDonalds, etc)

$22.72 ISK 2,894

$9.79 €8.43

132.07%

Cappuccino

$5.88 ISK 749

$4.25 €3.66

38.35%

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

$3.23 ISK 411

$2.06 €1.78

56.80%

Water (0.33 liter bottle)

$2.45 ISK 312

$1.63 €1.41

50.31%

Local Beer (0.5 liter draught)

$10.51 ISK 1,338

$5.86 €5.05

79.35%

Imported Beer (0.33 liter bottle)

$7.84 ISK 998

$3.45 €2.97

127.25%

Milk (1 liter)

$1.88 ISK 240

$1.32 €1.14

42.42%

White Bread (500g)

$1.96 ISK 250

$2.23 €1.92

-12.11%

Rice (white) (1kg)

$3.69 ISK 469

$2.26 €1.95

63.27%

Eggs

$6.12 ISK 780

$2.77 €2.39

120.94%

Local Cheese (1kg)

$18.09 ISK 2,303

$8.58 €7.39

110.84%

Chicken Fillets (1kg)

$24.17 ISK 3,077

$13.77 €11.86

75.53%

Beef Round Steak (1kg)

$42.66 ISK 5,433

$20.96 €18.05

103.53%

Apples (1kg)

$3.26 ISK 415

$2.08 €1.79

56.73%

Banana (1kg)

$2.42 ISK 308

$1.93 €1.67

25.39%

Oranges (1kg)

$3.12 ISK 397

$2.33 €2.01

33.91%

Tomato (1kg)

$4.81 ISK 612

$4.72 €4.06

1.91%

Potato (1kg)

$3.64 ISK 463

$1.45 €1.25

151.03%

Onion (1kg)

$2.41 ISK 308

$1.89 €1.63

27.51%

Lettuce (1 head)

$3.06 ISK 389

$1.77 €1.52

72.88%

Water (1.5 liter bottle)

$1.95 ISK 249

$1.46 €1.26

33.56%

Cigarettes 20 Pack (Marlboro, Camel)

$13.69 ISK 1,744

$10.2 €8.78

34.22%

Wine (Bottle)

$24.3 ISK 3,095

$13.2 €11.37

84.09%

Local Beer (0.5 liter bottle)

$2.84 ISK 362

$3.18 €2.74

-10.69%

Imported Beer (0.33 liter bottle)

$1.99 ISK 254

$3.67 €3.16

-45.78%

One-way Ticket (Public Transport)

$3.52 ISK 448

$5.84 €5.03

-39.73%

Public Transport Monthly Pass (Regular Price)

$71 ISK 9,047

$58.4 €50.3

21.62%

Taxi Start (Normal Tariff)

$6.2 ISK 790

$7.9 €6.8

-21.52%

Taxi (Normal Tariff) (1km)

$1.05 ISK 134

$1.21 €1.04

-13.22%

Taxi 1hour Waiting (Normal Tariff)

$86.1 ISK 11K

$53.8 €46.3

60.26%

Gasoline (1 liter)

$2.43 ISK 309

$2.11 €1.82

15.17%

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

$47.4K ISK 6M

$31.6K €27.2K

50.09%

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

$53.2K ISK 6.8M

$33K €28.4K

61.22%

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

$86.3 ISK 11K

$268 €231

-67.80%

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

$27.75 ISK 3,534

$31.39 €27.04

-11.60%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.7K

$19.97 €17.2

321.78%

Gym Membership (Monthly)

$43.96 €37.87

Tennis Court (1 Hour on Weekend)

$24.68 €21.25

Cinema Ticket

$17.51 ISK 2,230

$15.71 €13.53

11.46%

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

$327 ISK 41.6K

$328 €282

-0.26%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.8M

$11.3K €9,753

162.16%

Jeans (Levis 501 Or Similar)

$138 ISK 17.6K

$109 €93.9

26.97%

Summer Dress (H&M, Zara, etc)

$61.9 ISK 7,879

$14 €12.06

341.93%

Sport Shoes (Adidas, Nike)

$180 ISK 22.9K

$85.2 €73.4

110.93%

Men's Leather Business Shoes

$267 ISK 34K

$103 €88.5

160.17%

1-bedroom Apartment, City Center (Monthly)

$2,932 ISK 373.4K

$749 €645

291.60%

1-bedroom Apartment, Outside City Center (Monthly)

$1,849 ISK 235.4K

$636 €548

190.66%

3-bedroom Apartment, City Center (Monthly)

$4,751 ISK 605K

$1,285 €1,107

269.61%

3-bedroom Apartment, Outside City Center (Monthly)

$3,654 ISK 465.3K

$1,058 €911

245.35%

Buy Apartment in City Center (m2)

$2,900 €2,498

Buy Apartment Outside City Center (m2)

$1,731 €1,491

Average Monthly Net Salary (After Tax)

$5,458 ISK 695K

$2,560 €2,205

113.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.4

183.24%

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

Last update for Akranes: November 30, 2025

Last update for Kotka: December 1, 2025

Digital Nomad Cost of Living Index

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