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Cost of Living Comparison Between Akureyri and Reykjahlid Cost of Living Comparison Between Akureyri and Reykjahlid

😐 Solo nomad: Akureyri is 483% more expensive than Reykjahlid without rent, and 1510.2% more expensive with rent.
😐 Family of 3: Akureyri is 660.8% more expensive than Reykjahlid without rent, and 1322.5% more expensive with rent.
Currency
🍽 Eating Out
Akureyri
Reykjahlid
Difference
Meal at Budget Restaurant
$23.74 ISK 2,990
-
-
Three-Course Dinner for Two, Mid-Range
$131 ISK 16.5K
-
-
Fast Food Meal (McDonalds, etc)
$22.36 ISK 2,816
-
-
Cappuccino
$4.82 ISK 607
$5.90 ISK 743
-18.31%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.44 ISK 434
-
-
Water (0.33 liter bottle)
$3.05 ISK 385
-
-
Local Beer (0.5 liter draught)
$11.05 ISK 1,391
$11.60 ISK 1,462
-4.74%
Imported Beer (0.33 liter bottle)
$9.27 ISK 1,168
$11.88 ISK 1,496
-21.97%
🛒 Groceries & Markets
Akureyri
Reykjahlid
Difference
Milk (1 liter)
$2.73 ISK 344
$2.37 ISK 298
15.19%
White Bread (500g)
$2.23 ISK 281
-
-
Rice (white) (1kg)
$3.06 ISK 386
-
-
Eggs
$8.24 ISK 1,038
-
-
Chicken Fillets (1kg)
$24.39 ISK 3,072
-
-
Cigarettes 20 Pack (Marlboro, Camel)
$13.34 ISK 1,680
-
-
🚌 Getting Around
Akureyri
Reykjahlid
Difference
Gasoline (1 liter)
$2.45 ISK 309
-
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$39.6K ISK 5.0M
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$63.2K ISK 8.0M
-
-
🧾 Monthly Utilities & Internet
Akureyri
Reykjahlid
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$120 ISK 15.1K
-
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.23 ISK 3,178
-
-
Internet (50+ Mbps, Unlimited Data)
$162 ISK 20.3K
-
-
🎉 Sport & Entertainment
Akureyri
Reykjahlid
Difference
Gym Membership (Monthly)
$82.8 ISK 10.4K
-
-
Cinema Ticket
$15.34 ISK 1,932
-
-
🧸 Childcare & Education
Akureyri
Reykjahlid
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$355 ISK 44.7K
-
-
👕👟 Clothing & Footwear
Akureyri
Reykjahlid
Difference
Jeans (Levis 501 Or Similar)
$81.7 ISK 10.3K
-
-
Sport Shoes (Adidas, Nike)
$122 ISK 15.4K
-
-
🏠 Accommodation & Living
Akureyri
Reykjahlid
Difference
1-bedroom Apartment, City Center (Monthly)
$1,740 ISK 219.1K
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,753 ISK 220.8K
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,121 ISK 267.1K
-
-
Buy Apartment in City Center (m2)
$6,473 ISK 815.3K
-
-
Buy Apartment Outside City Center (m2)
$6,305 ISK 794.3K
-
-
💵 Salaries & Financials
Akureyri
Reykjahlid
Difference
20-Year Fixed Mortgage Interest Rate (Annual %)
9.4
0
-

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

Last update for Akureyri: January 12, 2026

Last update for Reykjahlid: January 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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