Cost of Living Comparison Between Akureyri and Egilsstadir Cost of Living Comparison Between Akureyri and Egilsstadir

😐 Solo nomad: Akureyri is 53.3% more expensive than Egilsstadir without rent, and 391.5% more expensive with rent.

😐 Family of 3: Akureyri is 91.9% more expensive than Egilsstadir without rent, and 248.2% more expensive with rent.

Meal at Budget Restaurant

$24.36 ISK 3,048

Three-Course Dinner for Two, Mid-Range

$129 ISK 16.1K

Fast Food Meal (McDonalds, etc)

$22.26 ISK 2,785

Cappuccino

$4.94 ISK 618

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

$3.40 ISK 426

Water (0.33 liter bottle)

$2.94 ISK 368

Local Beer (0.5 liter draught)

$10.83 ISK 1,355

Imported Beer (0.33 liter bottle)

$9.15 ISK 1,145

Milk (1 liter)

$2.75 ISK 343

$1.62 ISK 203

69.75%

White Bread (500g)

$2.26 ISK 282

$2.76 ISK 345

-18.12%

Rice (white) (1kg)

$2.97 ISK 372

$2.37 ISK 296

25.32%

Eggs

$8.20 ISK 1,026

$5.63 ISK 705

45.65%

Local Cheese (1kg)

$21.50 ISK 2,690

Chicken Fillets (1kg)

$23.90 ISK 2,991

$31.23 ISK 3,908

-23.47%

Beef Round Steak (1kg)

$43.50 ISK 5,444

Apples (1kg)

$2.60 ISK 326

Banana (1kg)

$2.47 ISK 309

Oranges (1kg)

$2.43 ISK 304

Tomato (1kg)

$3.73 ISK 466

Potato (1kg)

$4.26 ISK 533

Onion (1kg)

$2.02 ISK 253

Lettuce (1 head)

$2.18 ISK 273

Water (1.5 liter bottle)

$2.15 ISK 269

Cigarettes 20 Pack (Marlboro, Camel)

$13.29 ISK 1,663

Wine (Bottle)

$21.73 ISK 2,719

Local Beer (0.5 liter bottle)

$3.80 ISK 475

Imported Beer (0.33 liter bottle)

$3.46 ISK 434

Gasoline (1 liter)

$2.58 ISK 323

$2.52 ISK 315

2.38%

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

$39.8K ISK 5.0M

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

$64.6K ISK 8.1M

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

$120 ISK 15.0K

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

$25.46 ISK 3,186

Internet (50+ Mbps, Unlimited Data)

$160 ISK 20.0K

Gym Membership (Monthly)

$82.2 ISK 10.3K

Cinema Ticket

$14.83 ISK 1,855

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

$355 ISK 44.4K

Jeans (Levis 501 Or Similar)

$80.5 ISK 10.1K

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

1-bedroom Apartment, City Center (Monthly)

$1,742 ISK 217.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,788 ISK 223.8K

3-bedroom Apartment, Outside City Center (Monthly)

$2,094 ISK 262.0K

Buy Apartment in City Center (m2)

$6,470 ISK 809.6K

Buy Apartment Outside City Center (m2)

$6,520 ISK 815.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

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

Last update for Akureyri: March 3, 2026

Last update for Egilsstadir: March 3, 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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