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Cost of Living Comparison Between Akureyri and Selfoss Cost of Living Comparison Between Akureyri and Selfoss

😐 Solo nomad: Akureyri is 92.2% more expensive than Selfoss without rent, and 17.9% cheaper with rent.
😐 Family of 3: Akureyri is 50.3% more expensive than Selfoss without rent, and 234.3% more expensive with rent.
Currency
🍽 Eating Out
Akureyri
Selfoss
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
$20.36 ISK 2,565
9.82%
Cappuccino
$4.82 ISK 607
-
-
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
$12.28 ISK 1,547
-10.02%
Imported Beer (0.33 liter bottle)
$9.27 ISK 1,168
-
-
🛒 Groceries & Markets
Akureyri
Selfoss
Difference
Milk (1 liter)
$2.73 ISK 344
$1.75 ISK 220
56.00%
White Bread (500g)
$2.23 ISK 281
$7.22 ISK 909
-69.11%
Rice (white) (1kg)
$3.06 ISK 386
$4.53 ISK 571
-32.45%
Eggs
$8.24 ISK 1,038
$6.42 ISK 809
28.35%
Local Cheese (1kg)
-
$16.70 ISK 2,103
-
Chicken Fillets (1kg)
$24.39 ISK 3,072
$20.67 ISK 2,603
18.00%
Beef Round Steak (1kg)
-
$33.43 ISK 4,212
-
Apples (1kg)
-
$2.64 ISK 332
-
Banana (1kg)
-
$2.55 ISK 321
-
Oranges (1kg)
-
$2.60 ISK 327
-
Tomato (1kg)
-
$7.10 ISK 894
-
Potato (1kg)
-
$3.11 ISK 392
-
Onion (1kg)
-
$2.11 ISK 265
-
Lettuce (1 head)
-
$3.56 ISK 448
-
Water (1.5 liter bottle)
-
$1.38 ISK 173
-
Cigarettes 20 Pack (Marlboro, Camel)
$13.34 ISK 1,680
$15.43 ISK 1,944
-13.55%
Imported Beer (0.33 liter bottle)
-
$1.09 ISK 138
-
🚌 Getting Around
Akureyri
Selfoss
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
Selfoss
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
Selfoss
Difference
Gym Membership (Monthly)
$82.8 ISK 10.4K
-
-
Cinema Ticket
$15.34 ISK 1,932
-
-
🧸 Childcare & Education
Akureyri
Selfoss
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$355 ISK 44.7K
-
-
👕👟 Clothing & Footwear
Akureyri
Selfoss
Difference
Jeans (Levis 501 Or Similar)
$81.7 ISK 10.3K
-
-
Sport Shoes (Adidas, Nike)
$122 ISK 15.4K
-
-
🏠 Accommodation & Living
Akureyri
Selfoss
Difference
1-bedroom Apartment, City Center (Monthly)
$1,740 ISK 219.1K
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,753 ISK 220.8K
$2,944 ISK 370.9K
-40.46%
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
Selfoss
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 Selfoss: 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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