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

😐 Solo nomad: Akureyri is 3.1% more expensive than Lisbon without rent, and 28.6% more expensive with rent.

😐 Family of 3: Akureyri is 15.8% more expensive than Lisbon without rent, and 10.7% more expensive with rent.

Meal at Budget Restaurant

$24.07 ISK 2,941

$15.94 €13.44

51.00%

Three-Course Dinner for Two, Mid-Range

$130 ISK 15.9K

$64.3 €54.2

102.10%

Fast Food Meal (McDonalds, etc)

$22.08 ISK 2,699

$10.32 €8.70

113.95%

Cappuccino

$4.74 ISK 579

$2.83 €2.38

67.49%

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

$3.44 ISK 420

$2.34 €1.97

47.01%

Water (0.33 liter bottle)

$3.10 ISK 379

$1.56 €1.32

98.72%

Local Beer (0.5 liter draught)

$11.06 ISK 1,351

$3.50 €2.95

216.00%

Imported Beer (0.33 liter bottle)

$9.48 ISK 1,159

$3.84 €3.23

146.88%

Milk (1 liter)

$2.83 ISK 345

$1.09 €0.92

159.63%

White Bread (500g)

$2.23 ISK 273

$1.83 €1.54

21.86%

Rice (white) (1kg)

$3.13 ISK 382

$1.77 €1.49

76.84%

Eggs

$8.01 ISK 979

$3.16 €2.66

153.48%

Local Cheese (1kg)

$13.19 €11.12

Chicken Fillets (1kg)

$24.08 ISK 2,943

$8.00 €6.75

201.00%

Beef Round Steak (1kg)

$15.76 €13.28

Apples (1kg)

$2.37 €2.00

Banana (1kg)

$1.66 €1.40

Oranges (1kg)

$1.96 €1.65

Tomato (1kg)

$2.50 €2.11

Potato (1kg)

$1.76 €1.48

Onion (1kg)

$2.06 €1.73

Lettuce (1 head)

$1.97 €1.66

Water (1.5 liter bottle)

$0.85 €0.72

Cigarettes 20 Pack (Marlboro, Camel)

$13.21 ISK 1,615

$6.56 €5.53

101.37%

Wine (Bottle)

$5.99 €5.05

Local Beer (0.5 liter bottle)

$1.37 €1.15

Imported Beer (0.33 liter bottle)

$3.01 €2.54

One-way Ticket (Public Transport)

$2.35 €1.98

Public Transport Monthly Pass (Regular Price)

$46.97 €39.59

Taxi Start (Normal Tariff)

$4.14 €3.49

Taxi (Normal Tariff) (1km)

$0.79 €0.67

Taxi 1hour Waiting (Normal Tariff)

$18.90 €15.93

Gasoline (1 liter)

$2.53 ISK 309

$2.08 €1.76

21.63%

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

$39.7K ISK 4.9M

$35.2K €29.7K

12.73%

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

$65.4K ISK 8.0M

$39.1K €33.0K

67.33%

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

$119 ISK 14.5K

$146 €123

-18.87%

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

$25.31 ISK 3,093

$20.61 €17.37

22.80%

Internet (50+ Mbps, Unlimited Data)

$159 ISK 19.5K

$40.13 €33.83

297.08%

Gym Membership (Monthly)

$83.1 ISK 10.2K

$48.17 €40.61

72.60%

Tennis Court (1 Hour on Weekend)

$18.99 €16.01

Cinema Ticket

$15.01 ISK 1,834

$9.15 €7.71

64.04%

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

$356 ISK 43.5K

$622 €524

-42.75%

International Primary School, 1 Child (Yearly)

$15.9K €13.4K

Jeans (Levis 501 Or Similar)

$81.5 ISK 9,961

$105 €88.5

-22.34%

Summer Dress (H&M, Zara, etc)

$42.07 €35.47

Sport Shoes (Adidas, Nike)

$122 ISK 14.9K

$92.9 €78.3

31.28%

Men's Leather Business Shoes

$119 €100

1-bedroom Apartment, City Center (Monthly)

$1,794 ISK 219.3K

$1,598 €1,347

12.31%

1-bedroom Apartment, Outside City Center (Monthly)

$1,784 ISK 218.1K

$1,263 €1,064

41.32%

3-bedroom Apartment, City Center (Monthly)

$3,130 €2,639

3-bedroom Apartment, Outside City Center (Monthly)

$2,116 ISK 258.6K

$2,018 €1,701

4.88%

Buy Apartment in City Center (m2)

$6,507 ISK 795.2K

$7,829 €6,600

-16.89%

Buy Apartment Outside City Center (m2)

$6,582 ISK 804.4K

$4,480 €3,777

46.91%

Average Monthly Net Salary (After Tax)

$1,591 €1,341

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: February 12, 2026

Last update for Lisbon: February 13, 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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