Cost of Living Comparison Between Akranes and Tbilisi Cost of Living Comparison Between Akranes and Tbilisi

Monthly Cost of Living

Monthly costs for one person with rent: $3,536 in Akranes versus $1,191 in Tbilisi.

Estimated couple costs with rent: $5,655 in Akranes versus $1,856 in Tbilisi.

Monthly costs for a family of three with rent: $7,774 in Akranes versus $2,522 in Tbilisi.

Living in Akranes is roughly 197% more expensive than in Tbilisi, driven mainly by Groceries & Markets.

The two cities straddle the global median: Akranes is 166% above, Tbilisi is 11% below.

Meal at Budget Restaurant

$26.91 ISK 3,347

$10.91 ₾28.57

146.65%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$43.19 ₾113

239.15%

Fast Food Meal (McDonalds, etc)

$22.78 ISK 2,834

$8.53 ₾22.32

167.06%

Cappuccino

$5.95 ISK 740

$2.99 ₾7.82

99.00%

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

$3.25 ISK 405

$0.81 ₾2.12

301.23%

Water (0.33 liter bottle)

$2.35 ISK 293

$0.42 ₾1.09

459.52%

Local Beer (0.5 liter draught)

$10.47 ISK 1,302

$2.16 ₾5.66

384.72%

Imported Beer (0.33 liter bottle)

$7.99 ISK 994

$2.88 ₾7.53

177.43%

Milk (1 liter)

$1.93 ISK 239

$1.94 ₾5.08

-0.52%

White Bread (500g)

$2.03 ISK 252

$0.68 ₾1.77

198.53%

Rice (white) (1kg)

$3.59 ISK 446

$1.85 ₾4.83

94.05%

Eggs

$6.12 ISK 761

$2.53 ₾6.63

141.90%

Local Cheese (1kg)

$17.79 ISK 2,212

$7.53 ₾19.70

136.25%

Chicken Fillets (1kg)

$24.14 ISK 3,003

$6.26 ₾16.40

285.62%

Beef Round Steak (1kg)

$41.83 ISK 5,203

$9.59 ₾25.10

336.18%

Apples (1kg)

$3.37 ISK 419

$1.16 ₾3.04

190.52%

Banana (1kg)

$2.51 ISK 313

$1.64 ₾4.29

53.05%

Oranges (1kg)

$3.12 ISK 388

$1.88 ₾4.93

65.96%

Tomato (1kg)

$4.80 ISK 597

$2.23 ₾5.84

115.25%

Potato (1kg)

$3.67 ISK 456

$0.70 ₾1.83

424.29%

Onion (1kg)

$2.31 ISK 288

$0.64 ₾1.68

260.94%

Lettuce (1 head)

$3.03 ISK 377

$1.18 ₾3.10

156.78%

Water (1.5 liter bottle)

$2.00 ISK 248

$0.70 ₾1.83

185.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.81 ISK 1,718

$2.97 ₾7.79

364.98%

Wine (Bottle)

$22.94 ISK 2,854

$7.43 ₾19.46

208.75%

Local Beer (0.5 liter bottle)

$2.88 ISK 358

$1.54 ₾4.03

87.01%

Imported Beer (0.33 liter bottle)

$2.05 ISK 255

$2.28 ₾5.98

-10.09%

One-way Ticket (Public Transport)

$3.56 ISK 442

$0.36 ₾0.93

888.89%

Public Transport Monthly Pass (Regular Price)

$71.3 ISK 8,870

$14.73 ₾38.56

384.05%

Taxi Start (Normal Tariff)

$6.30 ISK 783

$1.42 ₾3.71

343.66%

Taxi (Normal Tariff) (1km)

$1.06 ISK 131

$0.69 ₾1.81

53.62%

Taxi 1hour Waiting (Normal Tariff)

$85.3 ISK 10.6K

$7.27 ₾19.02

1073.45%

Gasoline (1 liter)

$2.54 ISK 316

$1.09 ₾2.86

133.03%

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

$46.8K ISK 5.8M

$18.3K ₾48.0K

155.21%

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

$52.5K ISK 6.5M

$20.5K ₾53.6K

156.11%

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

$88.4 ISK 11.0K

$74.4 ₾195

18.86%

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

$27.48 ISK 3,418

$11.71 ₾30.65

134.67%

Internet (50+ Mbps, Unlimited Data)

$86.9 ISK 10.8K

$17.60 ₾46.08

393.69%

Gym Membership (Monthly)

$60.3 ₾158

Tennis Court (1 Hour on Weekend)

$16.29 ₾42.65

Cinema Ticket

$17.65 ISK 2,195

$6.51 ₾17.03

171.12%

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

$319 ISK 39.7K

$269 ₾704

18.65%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$5,154 ₾13.5K

477.39%

Jeans (Levis 501 Or Similar)

$139 ISK 17.3K

$77.1 ₾202

80.43%

Summer Dress (H&M, Zara, etc)

$62.5 ISK 7,779

$43.48 ₾114

43.81%

Sport Shoes (Adidas, Nike)

$186 ISK 23.1K

$118 ₾310

56.86%

Men's Leather Business Shoes

$268 ISK 33.3K

$113 ₾295

137.37%

1-bedroom Apartment, City Center (Monthly)

$2,962 ISK 368.4K

$709 ₾1,857

317.53%

1-bedroom Apartment, Outside City Center (Monthly)

$1,880 ISK 233.8K

$465 ₾1,216

304.66%

3-bedroom Apartment, City Center (Monthly)

$4,874 ISK 606.2K

$1,316 ₾3,444

270.47%

3-bedroom Apartment, Outside City Center (Monthly)

$3,636 ISK 452.3K

$767 ₾2,007

374.21%

Buy Apartment in City Center (m2)

$2,492 ₾6,525

Buy Apartment Outside City Center (m2)

$1,442 ₾3,775

Average Monthly Net Salary (After Tax)

$5,683 ISK 706.9K

$663 ₾1,735

757.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.89

-19.01%

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

Last update for Akranes: July 25, 2026

Last update for Tbilisi: July 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,962 in Akranes and $709 in Tbilisi. Housing cost is often the main lever when comparing two cities.

Akranes pays 757% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $146 in Akranes vs $43.00 in Tbilisi for a mid-range dinner for two. Groceries echo the gap at $562 vs $204 per month, with Tbilisi cheaper across the board.

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 Tbilisi: Cost of Living - Frequently Asked Questions

Tbilisi wins on cost – living expenses run 197% lower than in Akranes. Housing and daily spending are where you'll feel the difference most, making Tbilisi the obvious pick if budget is a priority.

Average pay runs 757% higher in Akranes, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,962 in Akranes versus $709 in Tbilisi. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $3,536 per month in Akranes versus $1,191 in Tbilisi – a 197% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Tbilisi runs roughly 384% less than in Akranes. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,191 in Tbilisi versus $3,536 in Akranes, a $2,000 budget is realistic in Tbilisi but tight or insufficient in Akranes. The gap between the two cities makes Tbilisi the clear choice for anyone on this budget.

Both work as nomad bases, but Tbilisi delivers better value – similar infrastructure at $1,191 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Tbilisi hard to pass up.

Safety-wise, Akranes and Tbilisi are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Tbilisi gentler on the wallet – expenses run 197% less than in Akranes. Beyond cost, consider language, visa policies, and how big the international community is in each city.