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

😐 Solo nomad: Akranes is 51.7% more expensive than Kotka without rent, and 87.4% more expensive with rent.

😐 Family of 3: Akranes is 42.8% more expensive than Kotka without rent, and 111.1% more expensive with rent.

Meal at Budget Restaurant

$26.53 ISK 3,238

$12.69 €10.77

109.06%

Three-Course Dinner for Two, Mid-Range

$146 ISK 17.8K

$54.8 €46.55

165.57%

Fast Food Meal (McDonalds, etc)

$22.60 ISK 2,758

$10.12 €8.60

123.32%

Cappuccino

$5.90 ISK 720

$4.08 €3.46

44.61%

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

$3.10 ISK 379

$2.06 €1.75

50.49%

Water (0.33 liter bottle)

$2.35 ISK 287

$1.61 €1.37

45.96%

Local Beer (0.5 liter draught)

$10.51 ISK 1,283

$5.88 €4.99

78.74%

Imported Beer (0.33 liter bottle)

$7.93 ISK 969

$3.49 €2.96

127.22%

Milk (1 liter)

$1.87 ISK 228

$1.32 €1.12

41.67%

White Bread (500g)

$2.05 ISK 250

$2.24 €1.90

-8.48%

Rice (white) (1kg)

$3.63 ISK 443

$2.25 €1.91

61.33%

Eggs

$6.16 ISK 752

$2.86 €2.43

115.38%

Local Cheese (1kg)

$17.81 ISK 2,175

$8.82 €7.49

101.93%

Chicken Fillets (1kg)

$24.38 ISK 2,976

$13.87 €11.78

75.78%

Beef Round Steak (1kg)

$43.08 ISK 5,259

$20.93 €17.77

105.83%

Apples (1kg)

$3.19 ISK 390

$2.05 €1.74

55.61%

Banana (1kg)

$2.42 ISK 296

$1.96 €1.67

23.47%

Oranges (1kg)

$3.14 ISK 383

$2.39 €2.03

31.38%

Tomato (1kg)

$4.92 ISK 601

$4.82 €4.10

2.07%

Potato (1kg)

$3.67 ISK 448

$1.45 €1.23

153.10%

Onion (1kg)

$2.43 ISK 297

$1.81 €1.54

34.25%

Lettuce (1 head)

$3.15 ISK 385

$1.78 €1.52

76.97%

Water (1.5 liter bottle)

$1.93 ISK 235

$1.44 €1.22

34.03%

Cigarettes 20 Pack (Marlboro, Camel)

$13.89 ISK 1,695

$10.14 €8.60

36.98%

Wine (Bottle)

$23.12 ISK 2,822

$15.98 €13.57

44.68%

Local Beer (0.5 liter bottle)

$2.76 ISK 337

$3.12 €2.65

-11.54%

Imported Beer (0.33 liter bottle)

$1.97 ISK 240

$3.71 €3.15

-46.90%

One-way Ticket (Public Transport)

$3.66 ISK 447

$5.66 €4.80

-35.34%

Public Transport Monthly Pass (Regular Price)

$71.3 ISK 8,700

$57.0 €48.36

25.12%

Taxi Start (Normal Tariff)

$6.47 ISK 790

$8.33 €7.08

-22.33%

Taxi (Normal Tariff) (1km)

$1.09 ISK 133

$1.21 €1.03

-9.92%

Taxi 1hour Waiting (Normal Tariff)

$87.5 ISK 10.7K

$54.3 €46.14

61.04%

Gasoline (1 liter)

$2.53 ISK 309

$2.05 €1.74

23.41%

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

$46.7K ISK 5.7M

$32.1K €27.2K

45.77%

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

$53.0K ISK 6.5M

$32.7K €27.7K

62.33%

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

$87.1 ISK 10.6K

$261 €222

-66.63%

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

$27.36 ISK 3,340

$30.85 €26.19

-11.31%

Internet (50+ Mbps, Unlimited Data)

$84.4 ISK 10.3K

$19.94 €16.93

323.07%

Gym Membership (Monthly)

$44.44 €37.73

Tennis Court (1 Hour on Weekend)

$24.46 €20.76

Cinema Ticket

$17.62 ISK 2,151

$15.44 €13.11

14.12%

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

$318 ISK 38.8K

$335 €284

-5.19%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.7M

$11.2K €9,499

172.85%

Jeans (Levis 501 Or Similar)

$139 ISK 17.0K

$109 €92.8

27.41%

Summer Dress (H&M, Zara, etc)

$61.7 ISK 7,529

$13.82 €11.74

346.31%

Sport Shoes (Adidas, Nike)

$182 ISK 22.3K

$85.8 €72.8

112.79%

Men's Leather Business Shoes

$265 ISK 32.3K

$106 €89.9

150.09%

1-bedroom Apartment, City Center (Monthly)

$3,021 ISK 368.7K

$763 €647

296.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,905 ISK 232.5K

$652 €553

192.32%

3-bedroom Apartment, City Center (Monthly)

$4,787 ISK 584.4K

$1,288 €1,093

271.81%

3-bedroom Apartment, Outside City Center (Monthly)

$3,545 ISK 432.7K

$1,051 €892

237.44%

Buy Apartment in City Center (m2)

$2,266 €1,924

Buy Apartment Outside City Center (m2)

$1,483 €1,259

Average Monthly Net Salary (After Tax)

$5,675 ISK 692.8K

$3,202 €2,719

77.22%

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: April 12, 2026

Last update for Kotka: April 11, 2026

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Akranes vs other spots: cost of living compared

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