Last update: Oct 2026

Cost of Living Comparison Between Akureyri and Berlin

For one person, living is cheaper in Berlin: $2,545 a month against $3,060 in Akureyri, rent and utilities included – about $6,200 less a year. Rent and utilities account for most of the difference.

124

Cost of Living Index in Berlin
Learn more

Berlin Living Index

Jump to prices

Akureyri

🇮🇸 Iceland

$3,060

/mo nomad

Berlin

🇩🇪 Germany

$2,545

/mo nomad

Monthly Cost of Living

How much you'll spend in Akureyri and in Berlin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Akureyri and in Berlin actually costs, broken down by who's living it.

A single person spends $3,060 per month in Akureyri vs $2,545 in Berlin, rent included.

Akureyri $3,060
Berlin $2,545

A couple spends around $4,123 per month in Akureyri vs $3,901 in Berlin, rent included.

Akureyri $4,123
Berlin $3,901

A family of three spends $5,186 per month in Akureyri vs $5,257 in Berlin, rent included.

Akureyri $5,186
Berlin $5,257

Akureyri costs about 20% more than Berlin, and outside of rent the biggest gap is in eating out.

Both Akureyri and Berlin sit above the global median – Akureyri by 128%, Berlin by 90%.

Meal at Budget Restaurant

$24.64 ISK 3,004

$16.81 €15.00

46.58%

Three-Course Dinner for Two, Mid-Range

$133 ISK 16.2K

$79.6 €71.0

67.19%

Fast Food Meal (McDonalds, etc)

$22.95 ISK 2,799

$13.38 €11.94

71.52%

Cappuccino

$4.93 ISK 602

$4.27 €3.81

15.46%

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

$3.44 ISK 420

$3.40 €3.03

1.18%

Water (0.33 liter bottle)

$3.12 ISK 381

$3.12 €2.79

Local Beer (0.5 liter draught)

$11.08 ISK 1,352

$5.48 €4.89

102.19%

Imported Beer (0.33 liter bottle)

$9.43 ISK 1,150

$4.56 €4.07

106.80%

Milk (1 liter)

$2.77 ISK 338

$1.27 €1.13

118.11%

White Bread (500g)

$2.30 ISK 280

$2.45 €2.19

-6.12%

Rice (white) (1kg)

$3.18 ISK 388

$3.30 €2.94

-3.64%

Eggs

$7.93 ISK 967

$4.45 €3.97

78.20%

Local Cheese (1kg)

$15.52 ISK 1,892

$17.10 €15.26

-9.24%

Chicken Fillets (1kg)

$24.79 ISK 3,024

$12.19 €10.88

103.36%

Beef Round Steak (1kg)

$18.30 €16.33

Apples (1kg)

$3.58 €3.19

Banana (1kg)

$2.91 ISK 355

$1.98 €1.77

46.97%

Oranges (1kg)

$3.49 ISK 426

$3.27 €2.92

6.73%

Tomato (1kg)

$5.89 ISK 719

$3.81 €3.40

54.59%

Potato (1kg)

$2.13 €1.90

Onion (1kg)

$2.21 €1.97

Lettuce (1 head)

$1.49 €1.33

Water (1.5 liter bottle)

$1.01 €0.90

Cigarettes 20 Pack (Marlboro, Camel)

$13.61 ISK 1,660

$10.49 €9.37

29.74%

Wine (Bottle)

$6.76 €6.03

Local Beer (0.5 liter bottle)

$1.34 €1.20

Imported Beer (0.33 liter bottle)

$2.10 €1.87

One-way Ticket (Public Transport)

$4.37 €3.90

Public Transport Monthly Pass (Regular Price)

$71.0 €63.3

Taxi Start (Normal Tariff)

$5.29 €4.72

Taxi (Normal Tariff) (1km)

$3.05 €2.73

Taxi 1hour Waiting (Normal Tariff)

$36.30 €32.39

Gasoline (1 liter)

$2.52 ISK 307

$2.28 €2.03

10.53%

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

$41.1K ISK 5.0M

$33.2K €29.7K

23.72%

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

$66.4K ISK 8.1M

$39.1K €34.9K

70.11%

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

$124 ISK 15.1K

$379 €339

-67.37%

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

$26.03 ISK 3,174

$19.31 €17.23

34.80%

Internet (50+ Mbps, Unlimited Data)

$162 ISK 19.7K

$48.41 €43.20

234.15%

Gym Membership (Monthly)

$86.8 ISK 10.6K

$40.31 €35.97

115.21%

Tennis Court (1 Hour on Weekend)

$35.51 €31.69

Cinema Ticket

$15.18 ISK 1,852

$15.53 €13.86

-2.25%

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

$364 ISK 44.3K

$144 €128

153.00%

International Primary School, 1 Child (Yearly)

$15.8K €14.1K

Jeans (Levis 501 Or Similar)

$82.6 ISK 10.1K

$94.6 €84.5

-12.70%

Summer Dress (H&M, Zara, etc)

$46.33 €41.34

Sport Shoes (Adidas, Nike)

$123 ISK 15.0K

$103 €92.2

19.18%

Men's Leather Business Shoes

$141 €126

1-bedroom Apartment, City Center (Monthly)

$1,800 ISK 219.5K

$1,488 €1,328

20.95%

1-bedroom Apartment, Outside City Center (Monthly)

$1,787 ISK 217.9K

$1,098 €980

62.70%

3-bedroom Apartment, City Center (Monthly)

$2,665 €2,378

3-bedroom Apartment, Outside City Center (Monthly)

$2,153 ISK 262.6K

$2,080 €1,856

3.51%

Buy Apartment in City Center (m2)

$6,605 ISK 805.5K

$8,578 €7,655

-23.00%

Buy Apartment Outside City Center (m2)

$6,467 ISK 788.7K

$5,438 €4,853

18.93%

Average Monthly Net Salary (After Tax)

$3,487 €3,112

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

3.8

147.37%

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

Last update for Akureyri: October 4, 2026

Last update for Berlin: October 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Akureyri

–

Berlin

$1.1K 43.3%

Monthly Utilities & Internet

Akureyri

–

Berlin

$447 17.6%

Groceries & Markets

Akureyri

–

Berlin

$351 13.8%

Eating Out

Akureyri

–

Berlin

$289 11.4%

Clothing & Footwear

Akureyri

–

Berlin

$174 6.8%

Getting Around

Akureyri

–

Berlin

$109 4.3%

Sport & Entertainment

Akureyri

–

Berlin

$71 2.8%

Cost Breakdown

A central one-bedroom costs $1,800 in Akureyri versus $1,488 in Berlin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $133 in Akureyri versus $80.0 in Berlin. Groceries tell a different story – $327 in Akureyri vs $351 in Berlin – so Akureyri wins on supermarket bills even if dining out costs more.

Good to know

🇮🇸 Akureyri

🇩🇪 Berlin

🕒 Local time

10:07 10:07 AM

12:07 12:07 PM

2 h ahead of Akureyri

🌤 Weather

👥 Population

19,219

3,769,962 Capital

💱 Currency

Icelandic Króna ISK kr

Euro EUR €

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.32 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Akureyri Berlin 2,280 km ≈ 3 h 15 min nonstop flight

From you

Akureyri
Berlin

Distances are measured in a straight line. Your location is detected approximately.

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

Akureyri vs Berlin: Cost of Living - Frequently Asked Questions

Yes – Akureyri is pricier by about 20%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,590 per month in Akureyri and $3,818 in Berlin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Berlin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $133 in Akureyri and $80.0 in Berlin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 7% cheaper in Akureyri – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

$2,500 is a stretch for both – monthly costs hit $3,060 in Akureyri and $2,545 in Berlin. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Berlin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Berlin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Akureyri makes more sense. Both are solid long-term options with distinct trade-offs.