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

😐 Solo nomad: Akranes is 103.7% more expensive than Kotka without rent, and 86.2% more expensive with rent.

😐 Family of 3: Akranes is 112.9% more expensive than Kotka without rent, and 116.3% more expensive with rent.

Meal at Budget Restaurant

$27.06 ISK 3,362

$12.78 €10.98

111.74%

Three-Course Dinner for Two, Mid-Range

$144 ISK 17.9K

$55.1 €47.33

161.76%

Fast Food Meal (McDonalds, etc)

$22.09 ISK 2,745

$9.70 €8.33

127.73%

Cappuccino

$5.98 ISK 743

$4.11 €3.53

45.50%

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

$3.12 ISK 387

$2.04 €1.75

52.94%

Water (0.33 liter bottle)

$2.43 ISK 302

$1.68 €1.45

44.64%

Local Beer (0.5 liter draught)

$10.49 ISK 1,304

$5.94 €5.11

76.60%

Imported Beer (0.33 liter bottle)

$7.95 ISK 988

$3.39 €2.91

134.51%

Milk (1 liter)

$1.95 ISK 243

$1.32 €1.14

47.73%

White Bread (500g)

$2.00 ISK 248

$2.24 €1.93

-10.71%

Rice (white) (1kg)

$3.56 ISK 442

$2.25 €1.93

58.22%

Eggs

$5.90 ISK 734

$2.77 €2.38

113.00%

Local Cheese (1kg)

$18.35 ISK 2,281

$8.88 €7.63

106.64%

Chicken Fillets (1kg)

$24.33 ISK 3,024

$13.65 €11.72

78.24%

Beef Round Steak (1kg)

$41.63 ISK 5,174

$21.03 €18.06

97.96%

Apples (1kg)

$3.22 ISK 400

$2.00 €1.72

61.00%

Banana (1kg)

$2.43 ISK 303

$1.97 €1.69

23.35%

Oranges (1kg)

$2.96 ISK 368

$2.43 €2.09

21.81%

Tomato (1kg)

$4.85 ISK 602

$4.93 €4.23

-1.62%

Potato (1kg)

$3.52 ISK 437

$1.45 €1.25

142.76%

Onion (1kg)

$2.33 ISK 289

$1.82 €1.57

28.02%

Lettuce (1 head)

$3.06 ISK 380

$1.77 €1.52

72.88%

Water (1.5 liter bottle)

$1.95 ISK 242

$1.39 €1.19

40.29%

Cigarettes 20 Pack (Marlboro, Camel)

$13.41 ISK 1,666

$10.41 €8.94

28.82%

Wine (Bottle)

$23.60 ISK 2,933

$16.09 €13.82

46.67%

Local Beer (0.5 liter bottle)

$2.84 ISK 353

$3.06 €2.62

-7.19%

Imported Beer (0.33 liter bottle)

$2.04 ISK 254

$3.63 €3.12

-43.80%

One-way Ticket (Public Transport)

$3.51 ISK 437

$5.93 €5.09

-40.81%

Public Transport Monthly Pass (Regular Price)

$72.0 ISK 8,952

$57.3 €49.20

25.77%

Taxi Start (Normal Tariff)

$6.50 ISK 808

$8.11 €6.97

-19.85%

Taxi (Normal Tariff) (1km)

$1.04 ISK 129

$1.22 €1.05

-14.75%

Taxi 1hour Waiting (Normal Tariff)

$86.8 ISK 10.8K

$53.4 €45.86

62.51%

Gasoline (1 liter)

$2.55 ISK 317

$2.01 €1.73

26.87%

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

$46.9K ISK 5.8M

$31.5K €27.1K

48.69%

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

$52.4K ISK 6.5M

$32.6K €28.0K

61.09%

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

$89.3 ISK 11.1K

$267 €229

-66.50%

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

$27.35 ISK 3,399

$31.81 €27.32

-14.02%

Internet (50+ Mbps, Unlimited Data)

$85.2 ISK 10.6K

$19.46 €16.71

337.98%

Gym Membership (Monthly)

$44.05 €37.84

Tennis Court (1 Hour on Weekend)

$24.21 €20.80

Cinema Ticket

$17.78 ISK 2,210

$15.79 €13.56

12.60%

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

$321 ISK 39.8K

$337 €290

-5.00%

International Primary School, 1 Child (Yearly)

$29.6K ISK 3.7M

$11.3K €9,718

161.76%

Jeans (Levis 501 Or Similar)

$141 ISK 17.5K

$109 €93.4

29.81%

Summer Dress (H&M, Zara, etc)

$61.2 ISK 7,599

$14.14 €12.15

332.46%

Sport Shoes (Adidas, Nike)

$180 ISK 22.3K

$85.4 €73.4

110.33%

Men's Leather Business Shoes

$267 ISK 33.2K

$106 €91.2

151.68%

1-bedroom Apartment, City Center (Monthly)

$3,016 ISK 374.8K

$772 €663

290.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,896 ISK 235.6K

$637 €547

197.60%

3-bedroom Apartment, City Center (Monthly)

$4,768 ISK 592.5K

$1,290 €1,108

269.72%

3-bedroom Apartment, Outside City Center (Monthly)

$3,568 ISK 443.4K

$1,039 €893

243.42%

Buy Apartment in City Center (m2)

$3,814 €3,277

Buy Apartment Outside City Center (m2)

$2,226 €1,912

Average Monthly Net Salary (After Tax)

$5,728 ISK 711.8K

$2,595 €2,229

120.73%

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: March 1, 2026

Last update for Kotka: February 28, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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