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

😐 Solo nomad: Akureyri is 47.1% more expensive than Selfoss without rent, and 16.3% cheaper with rent.

😐 Family of 3: Akureyri is 112.1% more expensive than Selfoss without rent, and 232.7% more expensive with rent.

Meal at Budget Restaurant

$24.36 ISK 2,989

Three-Course Dinner for Two, Mid-Range

$129 ISK 15.8K

Fast Food Meal (McDonalds, etc)

$22.26 ISK 2,731

$20.40 ISK 2,502

9.12%

Cappuccino

$4.94 ISK 606

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

$3.40 ISK 417

Water (0.33 liter bottle)

$2.94 ISK 361

Local Beer (0.5 liter draught)

$10.83 ISK 1,329

$11.87 ISK 1,457

-8.76%

Imported Beer (0.33 liter bottle)

$9.15 ISK 1,122

Milk (1 liter)

$2.75 ISK 337

$1.75 ISK 215

57.14%

White Bread (500g)

$2.26 ISK 277

$7.34 ISK 900

-69.21%

Rice (white) (1kg)

$2.97 ISK 364

$4.34 ISK 532

-31.57%

Eggs

$8.20 ISK 1,006

$6.39 ISK 784

28.33%

Local Cheese (1kg)

$16.74 ISK 2,053

Chicken Fillets (1kg)

$23.90 ISK 2,933

$20.50 ISK 2,515

16.59%

Beef Round Steak (1kg)

$32.61 ISK 4,001

Apples (1kg)

$2.77 ISK 340

Banana (1kg)

$2.61 ISK 321

Oranges (1kg)

$2.69 ISK 330

Tomato (1kg)

$7.02 ISK 862

Potato (1kg)

$3.20 ISK 393

Onion (1kg)

$2.03 ISK 249

Lettuce (1 head)

$3.58 ISK 439

Water (1.5 liter bottle)

$1.33 ISK 163

Cigarettes 20 Pack (Marlboro, Camel)

$13.29 ISK 1,630

$15.25 ISK 1,872

-12.85%

Imported Beer (0.33 liter bottle)

$1.10 ISK 135

Gasoline (1 liter)

$2.58 ISK 316

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

$39.8K ISK 4.9M

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

$64.6K ISK 7.9M

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

$120 ISK 14.7K

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

$25.46 ISK 3,124

Internet (50+ Mbps, Unlimited Data)

$160 ISK 19.6K

Gym Membership (Monthly)

$82.2 ISK 10.1K

Cinema Ticket

$14.83 ISK 1,819

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

$355 ISK 43.5K

Jeans (Levis 501 Or Similar)

$80.5 ISK 9,880

Sport Shoes (Adidas, Nike)

$120 ISK 14.7K

1-bedroom Apartment, City Center (Monthly)

$1,742 ISK 213.7K

1-bedroom Apartment, Outside City Center (Monthly)

$1,788 ISK 219.4K

$2,844 ISK 349.0K

-37.13%

3-bedroom Apartment, Outside City Center (Monthly)

$2,094 ISK 256.9K

Buy Apartment in City Center (m2)

$6,470 ISK 793.8K

Buy Apartment Outside City Center (m2)

$6,520 ISK 800.0K

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: March 3, 2026

Last update for Selfoss: March 1, 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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