Cost of Living Comparison Between Akureyri and Lisbon Cost of Living Comparison Between Akureyri and Lisbon

😐 Solo nomad: Akureyri is 24.9% more expensive than Lisbon without rent, and 27.1% more expensive with rent.

😐 Family of 3: Akureyri is 10% more expensive than Lisbon without rent, and 9.5% more expensive with rent.

Meal at Budget Restaurant

$23.74 ISK 2,990

$16.17 €13.94

46.82%

Three-Course Dinner for Two, Mid-Range

$131 ISK 16.5K

$63.5 €54.7

105.83%

Fast Food Meal (McDonalds, etc)

$22.36 ISK 2,816

$10.40 €8.96

115.00%

Cappuccino

$4.82 ISK 607

$2.77 €2.38

74.01%

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

$3.44 ISK 434

$2.32 €2.00

48.28%

Water (0.33 liter bottle)

$3.05 ISK 385

$1.54 €1.33

98.05%

Local Beer (0.5 liter draught)

$11.05 ISK 1,391

$3.55 €3.06

211.27%

Imported Beer (0.33 liter bottle)

$9.27 ISK 1,168

$3.90 €3.36

137.69%

Milk (1 liter)

$2.73 ISK 344

$1.13 €0.98

141.59%

White Bread (500g)

$2.23 ISK 281

$1.83 €1.58

21.86%

Rice (white) (1kg)

$3.06 ISK 386

$1.77 €1.53

72.88%

Eggs

$8.24 ISK 1,038

$3.13 €2.70

163.26%

Local Cheese (1kg)

$13.19 €11.37

Chicken Fillets (1kg)

$24.39 ISK 3,072

$7.80 €6.73

212.69%

Beef Round Steak (1kg)

$15.93 €13.73

Apples (1kg)

$2.27 €1.96

Banana (1kg)

$1.72 €1.48

Oranges (1kg)

$1.98 €1.71

Tomato (1kg)

$2.44 €2.10

Potato (1kg)

$1.80 €1.55

Onion (1kg)

$2.05 €1.77

Lettuce (1 head)

$1.91 €1.65

Water (1.5 liter bottle)

$0.78 €0.68

Cigarettes 20 Pack (Marlboro, Camel)

$13.34 ISK 1,680

$6.65 €5.73

100.60%

Wine (Bottle)

$5.67 €4.89

Local Beer (0.5 liter bottle)

$1.33 €1.15

Imported Beer (0.33 liter bottle)

$3.00 €2.59

One-way Ticket (Public Transport)

$2.34 €2.02

Public Transport Monthly Pass (Regular Price)

$46.03 €39.68

Taxi Start (Normal Tariff)

$4.25 €3.67

Taxi (Normal Tariff) (1km)

$0.80 €0.69

Taxi 1hour Waiting (Normal Tariff)

$18.60 €16.03

Gasoline (1 liter)

$2.45 ISK 309

$2.07 €1.78

18.36%

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

$39.6K ISK 5.0M

$34.2K €29.5K

15.86%

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

$63.2K ISK 8.0M

$39.0K €33.6K

61.99%

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

$120 ISK 15.1K

$147 €127

-18.26%

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

$25.23 ISK 3,178

$20.52 €17.69

22.95%

Internet (50+ Mbps, Unlimited Data)

$162 ISK 20.3K

$40.18 €34.64

302.04%

Gym Membership (Monthly)

$82.8 ISK 10.4K

$49.53 €42.70

67.09%

Tennis Court (1 Hour on Weekend)

$18.68 €16.10

Cinema Ticket

$15.34 ISK 1,932

$9.10 €7.85

68.57%

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

$355 ISK 44.7K

$613 €529

-42.15%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

Jeans (Levis 501 Or Similar)

$81.7 ISK 10.3K

$102 €88.2

-20.10%

Summer Dress (H&M, Zara, etc)

$40.77 €35.14

Sport Shoes (Adidas, Nike)

$122 ISK 15.4K

$94.6 €81.6

29.24%

Men's Leather Business Shoes

$119 €102

1-bedroom Apartment, City Center (Monthly)

$1,740 ISK 219.1K

$1,625 €1,401

7.03%

1-bedroom Apartment, Outside City Center (Monthly)

$1,753 ISK 220.8K

$1,253 €1,080

39.92%

3-bedroom Apartment, City Center (Monthly)

$3,126 €2,695

3-bedroom Apartment, Outside City Center (Monthly)

$2,121 ISK 267.1K

$2,042 €1,760

3.85%

Buy Apartment in City Center (m2)

$6,473 ISK 815.3K

$7,814 €6,735

-17.16%

Buy Apartment Outside City Center (m2)

$6,305 ISK 794.3K

$4,389 €3,783

43.65%

Average Monthly Net Salary (After Tax)

$1,516 €1,307

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

3.81

146.72%

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

Last update for Akureyri: January 12, 2026

Last update for Lisbon: January 11, 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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