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

😐 Solo nomad: Akranes is 98.6% more expensive than Lisbon without rent, and 52.4% more expensive with rent.

😐 Family of 3: Akranes is 108.5% more expensive than Lisbon without rent, and 80.5% more expensive with rent.

Meal at Budget Restaurant

$27.06 ISK 3,386

$15.92 €13.72

69.97%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.0K

$64.5 €55.6

123.72%

Fast Food Meal (McDonalds, etc)

$22.09 ISK 2,764

$10.54 €9.09

109.58%

Cappuccino

$5.98 ISK 748

$2.91 €2.51

105.50%

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

$3.12 ISK 390

$2.30 €1.98

35.65%

Water (0.33 liter bottle)

$2.43 ISK 304

$1.57 €1.35

54.78%

Local Beer (0.5 liter draught)

$10.49 ISK 1,313

$3.44 €2.97

204.94%

Imported Beer (0.33 liter bottle)

$7.95 ISK 994

$3.87 €3.33

105.43%

Milk (1 liter)

$1.95 ISK 244

$1.14 €0.98

71.05%

White Bread (500g)

$2.00 ISK 250

$1.79 €1.55

11.73%

Rice (white) (1kg)

$3.56 ISK 445

$1.75 €1.51

103.43%

Eggs

$5.90 ISK 739

$3.23 €2.79

82.66%

Local Cheese (1kg)

$18.35 ISK 2,296

$13.22 €11.39

38.80%

Chicken Fillets (1kg)

$24.33 ISK 3,045

$8.03 €6.92

202.99%

Beef Round Steak (1kg)

$41.63 ISK 5,210

$16.00 €13.79

160.19%

Apples (1kg)

$3.22 ISK 403

$2.33 €2.01

38.20%

Banana (1kg)

$2.43 ISK 305

$1.65 €1.42

47.27%

Oranges (1kg)

$2.96 ISK 370

$1.94 €1.67

52.58%

Tomato (1kg)

$4.85 ISK 606

$2.44 €2.10

98.77%

Potato (1kg)

$3.52 ISK 440

$1.83 €1.58

92.35%

Onion (1kg)

$2.33 ISK 291

$2.08 €1.79

12.02%

Lettuce (1 head)

$3.06 ISK 383

$2.00 €1.72

53.00%

Water (1.5 liter bottle)

$1.95 ISK 244

$0.80 €0.69

143.75%

Cigarettes 20 Pack (Marlboro, Camel)

$13.41 ISK 1,677

$6.74 €5.81

98.96%

Wine (Bottle)

$23.60 ISK 2,954

$5.80 €5.00

306.90%

Local Beer (0.5 liter bottle)

$2.84 ISK 355

$1.34 €1.15

111.94%

Imported Beer (0.33 liter bottle)

$2.04 ISK 256

$3.01 €2.60

-32.23%

One-way Ticket (Public Transport)

$3.51 ISK 440

$2.37 €2.04

48.10%

Public Transport Monthly Pass (Regular Price)

$72.0 ISK 9,014

$46.20 €39.83

55.93%

Taxi Start (Normal Tariff)

$6.50 ISK 813

$4.07 €3.51

59.71%

Taxi (Normal Tariff) (1km)

$1.04 ISK 130

$0.87 €0.75

19.54%

Taxi 1hour Waiting (Normal Tariff)

$86.8 ISK 10.9K

$18.58 €16.01

366.90%

Gasoline (1 liter)

$2.55 ISK 319

$2.09 €1.80

22.01%

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

$46.9K ISK 5.9M

$34.8K €30.0K

34.84%

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

$52.4K ISK 6.6M

$38.8K €33.4K

35.23%

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

$89.3 ISK 11.2K

$150 €130

-40.57%

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

$27.35 ISK 3,422

$20.62 €17.77

32.64%

Internet (50+ Mbps, Unlimited Data)

$85.2 ISK 10.7K

$40.09 €34.56

112.60%

Gym Membership (Monthly)

$47.85 €41.25

Tennis Court (1 Hour on Weekend)

$18.37 €15.83

Cinema Ticket

$17.78 ISK 2,225

$9.32 €8.03

90.77%

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

$321 ISK 40.1K

$615 €530

-47.87%

International Primary School, 1 Child (Yearly)

$29.6K ISK 3.7M

$16.4K €14.2K

80.18%

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

$104 €89.8

35.42%

Summer Dress (H&M, Zara, etc)

$61.2 ISK 7,652

$41.10 €35.43

48.78%

Sport Shoes (Adidas, Nike)

$180 ISK 22.5K

$95.3 €82.1

88.52%

Men's Leather Business Shoes

$267 ISK 33.5K

$120 €104

122.46%

1-bedroom Apartment, City Center (Monthly)

$3,016 ISK 377.4K

$1,630 €1,405

85.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,896 ISK 237.2K

$1,229 €1,059

54.25%

3-bedroom Apartment, City Center (Monthly)

$4,768 ISK 596.6K

$3,018 €2,601

57.98%

3-bedroom Apartment, Outside City Center (Monthly)

$3,568 ISK 446.5K

$2,004 €1,728

78.03%

Buy Apartment in City Center (m2)

$7,872 €6,786

Buy Apartment Outside City Center (m2)

$4,319 €3,723

Average Monthly Net Salary (After Tax)

$5,728 ISK 716.8K

$1,611 €1,389

255.56%

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: March 1, 2026

Last update for Lisbon: March 1, 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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