Cost of Living Comparison Between Akranes and Lisbon Cost of Living Comparison Between Akranes and Lisbon

😐 Solo nomad: Akranes is 61.8% more expensive than Lisbon without rent, and 56.7% more expensive with rent.

😐 Family of 3: Akranes is 83.2% more expensive than Lisbon without rent, and 78.7% more expensive with rent.

Meal at Budget Restaurant

$26.45 ISK 3,299

$16.09 €13.89

64.39%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.1K

$64.1 €55.3

126.83%

Fast Food Meal (McDonalds, etc)

$22.1 ISK 2,757

$10.28 €8.88

114.98%

Cappuccino

$6.13 ISK 765

$2.78 €2.4

120.50%

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

$3.13 ISK 391

$2.23 €1.92

40.36%

Water (0.33 liter bottle)

$2.44 ISK 304

$1.57 €1.35

55.41%

Local Beer (0.5 liter draught)

$10.64 ISK 1,327

$3.41 €2.95

212.02%

Imported Beer (0.33 liter bottle)

$8.11 ISK 1,011

$3.82 €3.3

112.30%

Milk (1 liter)

$1.96 ISK 245

$1.14 €0.98

71.93%

White Bread (500g)

$2.06 ISK 258

$1.73 €1.49

19.08%

Rice (white) (1kg)

$3.57 ISK 446

$1.67 €1.44

113.77%

Eggs

$5.88 ISK 734

$3.13 €2.7

87.86%

Local Cheese (1kg)

$18.07 ISK 2,254

$13.31 €11.5

35.76%

Chicken Fillets (1kg)

$24.01 ISK 2,995

$7.99 €6.9

200.50%

Beef Round Steak (1kg)

$41.8 ISK 5,214

$15.97 €13.79

161.74%

Apples (1kg)

$3.35 ISK 418

$2.28 €1.97

46.93%

Banana (1kg)

$2.4 ISK 299

$1.7 €1.47

41.18%

Oranges (1kg)

$2.98 ISK 372

$2.04 €1.76

46.08%

Tomato (1kg)

$4.74 ISK 591

$2.55 €2.2

85.88%

Potato (1kg)

$3.64 ISK 455

$1.76 €1.52

106.82%

Onion (1kg)

$2.44 ISK 304

$2.05 €1.77

19.02%

Lettuce (1 head)

$3.18 ISK 397

$1.98 €1.71

60.61%

Water (1.5 liter bottle)

$1.99 ISK 248

$0.81 €0.7

145.68%

Cigarettes 20 Pack (Marlboro, Camel)

$13.65 ISK 1,702

$6.59 €5.69

107.13%

Wine (Bottle)

$24.29 ISK 3,030

$5.87 €5.07

313.80%

Local Beer (0.5 liter bottle)

$2.79 ISK 348

$1.33 €1.15

109.77%

Imported Beer (0.33 liter bottle)

$1.96 ISK 245

$2.92 €2.52

-32.88%

One-way Ticket (Public Transport)

$3.65 ISK 455

$2.27 €1.96

60.79%

Public Transport Monthly Pass (Regular Price)

$72.4 ISK 9,029

$46.15 €39.85

56.84%

Taxi Start (Normal Tariff)

$6.2 ISK 773

$4.23 €3.66

46.57%

Taxi (Normal Tariff) (1km)

$1.04 ISK 130

$0.86 €0.75

20.93%

Taxi 1hour Waiting (Normal Tariff)

$87.1 ISK 10.9K

$18.68 €16.13

366.22%

Gasoline (1 liter)

$2.51 ISK 314

$2.09 €1.81

20.10%

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

$46.9K ISK 5.8M

$34.5K €29.8K

35.79%

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

$53K ISK 6.6M

$39.6K €34.2K

33.73%

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

$88.8 ISK 11.1K

$148 €128

-40.14%

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

$27.52 ISK 3,433

$20.98 €18.11

31.17%

Internet (50+ Mbps, Unlimited Data)

$86.4 ISK 10.8K

$39.65 €34.24

117.88%

Gym Membership (Monthly)

$47.92 €41.37

Tennis Court (1 Hour on Weekend)

$18.57 €16.03

Cinema Ticket

$17.51 ISK 2,184

$9.38 €8.1

86.67%

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

$321 ISK 40.1K

$607 €524

-47.10%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

$16.1K €13.9K

89.56%

Jeans (Levis 501 Or Similar)

$138 ISK 17.2K

$104 €90.1

31.79%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,805

$41.09 €35.48

52.25%

Sport Shoes (Adidas, Nike)

$184 ISK 23K

$92.7 €80

98.70%

Men's Leather Business Shoes

$264 ISK 32.9K

$119 €102

122.28%

1-bedroom Apartment, City Center (Monthly)

$2,925 ISK 364.9K

$1,592 €1,375

83.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,877 ISK 234.1K

$1,262 €1,090

48.71%

3-bedroom Apartment, City Center (Monthly)

$4,785 ISK 597K

$3,046 €2,630

57.09%

3-bedroom Apartment, Outside City Center (Monthly)

$3,552 ISK 443.2K

$2,069 €1,787

71.68%

Buy Apartment in City Center (m2)

$7,280 €6,286

Buy Apartment Outside City Center (m2)

$4,549 €3,928

Average Monthly Net Salary (After Tax)

$5,630 ISK 702.4K

$1,462 €1,263

284.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.81

152.76%

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

Last update for Akranes: October 29, 2025

Last update for Lisbon: October 28, 2025

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