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

😐 Solo nomad: Akureyri is 45.4% more expensive than Egilsstadir without rent, and 380.2% more expensive with rent.

😐 Family of 3: Akureyri is 61.7% more expensive than Egilsstadir without rent, and 247.4% more expensive with rent.

Meal at Budget Restaurant

$24.23 ISK 3,023

Three-Course Dinner for Two, Mid-Range

$126 ISK 15.8K

Fast Food Meal (McDonalds, etc)

$22 ISK 2,744

Cappuccino

$4.73 ISK 591

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

$3.43 ISK 428

Water (0.33 liter bottle)

$3.04 ISK 380

Local Beer (0.5 liter draught)

$10.74 ISK 1,339

Imported Beer (0.33 liter bottle)

$9.04 ISK 1,127

Milk (1 liter)

$2.84 ISK 354

$1.68 ISK 210

69.05%

White Bread (500g)

$2.32 ISK 289

$2.76 ISK 345

-15.94%

Rice (white) (1kg)

$3.03 ISK 377

$2.33 ISK 291

30.04%

Eggs

$8.18 ISK 1,021

$5.78 ISK 721

41.52%

Local Cheese (1kg)

$21.62 ISK 2,697

Chicken Fillets (1kg)

$24.06 ISK 3,001

$31.93 ISK 3,983

-24.65%

Beef Round Steak (1kg)

$43.03 ISK 5,368

Apples (1kg)

$2.61 ISK 326

Banana (1kg)

$2.38 ISK 296

Oranges (1kg)

$2.45 ISK 306

Tomato (1kg)

$3.77 ISK 471

Potato (1kg)

$4.42 ISK 551

Onion (1kg)

$2.06 ISK 257

Lettuce (1 head)

$2.11 ISK 264

Water (1.5 liter bottle)

$2.18 ISK 272

Cigarettes 20 Pack (Marlboro, Camel)

$13.68 ISK 1,706

Wine (Bottle)

$22.1 ISK 2,757

Local Beer (0.5 liter bottle)

$3.8 ISK 474

Imported Beer (0.33 liter bottle)

$3.39 ISK 423

Gasoline (1 liter)

$2.51 ISK 313

$2.52 ISK 314

-0.40%

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

$40.6K ISK 5.1M

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

$64.7K ISK 8.1M

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

$123 ISK 15.3K

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

$24.89 ISK 3,106

Internet (50+ Mbps, Unlimited Data)

$162 ISK 20.2K

Gym Membership (Monthly)

$82.7 ISK 10.3K

Cinema Ticket

$15.29 ISK 1,907

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

$360 ISK 44.9K

Jeans (Levis 501 Or Similar)

$80.8 ISK 10.1K

Sport Shoes (Adidas, Nike)

$119 ISK 14.8K

1-bedroom Apartment, City Center (Monthly)

$1,794 ISK 223.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,803 ISK 224.9K

3-bedroom Apartment, Outside City Center (Monthly)

$2,140 ISK 266.9K

Buy Apartment in City Center (m2)

$6,404 ISK 798.8K

Buy Apartment Outside City Center (m2)

$6,379 ISK 795.8K

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: October 27, 2025

Last update for Egilsstadir: October 29, 2025

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