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

😐 Solo nomad: Akureyri is 48.3% more expensive than Selfoss without rent, and 15.5% cheaper with rent.

😐 Family of 3: Akureyri is 82.5% more expensive than Selfoss without rent, and 238.6% more expensive with rent.

Meal at Budget Restaurant

$24.27 ISK 2,962

Three-Course Dinner for Two, Mid-Range

$130 ISK 15.9K

Fast Food Meal (McDonalds, etc)

$21.94 ISK 2,678

$19.85 ISK 2,423

10.53%

Cappuccino

$5.01 ISK 611

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

$3.39 ISK 414

Water (0.33 liter bottle)

$3.06 ISK 373

Local Beer (0.5 liter draught)

$10.80 ISK 1,318

$11.88 ISK 1,450

-9.09%

Imported Beer (0.33 liter bottle)

$9.44 ISK 1,152

Milk (1 liter)

$2.75 ISK 336

$1.67 ISK 204

64.67%

White Bread (500g)

$2.35 ISK 287

$7.51 ISK 917

-68.71%

Rice (white) (1kg)

$3.14 ISK 383

$4.33 ISK 528

-27.48%

Eggs

$8.00 ISK 977

$6.40 ISK 781

25.00%

Local Cheese (1kg)

$17.15 ISK 2,094

Chicken Fillets (1kg)

$23.91 ISK 2,919

$20.51 ISK 2,503

16.58%

Beef Round Steak (1kg)

$32.44 ISK 3,960

Apples (1kg)

$2.67 ISK 326

Banana (1kg)

$2.66 ISK 324

Oranges (1kg)

$2.57 ISK 314

Tomato (1kg)

$7.08 ISK 864

Potato (1kg)

$3.22 ISK 393

Onion (1kg)

$2.03 ISK 248

Lettuce (1 head)

$3.48 ISK 424

Water (1.5 liter bottle)

$1.40 ISK 171

Cigarettes 20 Pack (Marlboro, Camel)

$13.27 ISK 1,619

$15.41 ISK 1,881

-13.89%

Imported Beer (0.33 liter bottle)

$1.10 ISK 135

Gasoline (1 liter)

$2.45 ISK 299

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

$39.7K ISK 4.8M

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)

$122 ISK 14.9K

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

$25.27 ISK 3,084

Internet (50+ Mbps, Unlimited Data)

$163 ISK 19.9K

Gym Membership (Monthly)

$85.0 ISK 10.4K

Cinema Ticket

$14.79 ISK 1,805

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

$356 ISK 43.5K

Jeans (Levis 501 Or Similar)

$80.3 ISK 9,805

Sport Shoes (Adidas, Nike)

$120 ISK 14.7K

1-bedroom Apartment, City Center (Monthly)

$1,791 ISK 218.6K

1-bedroom Apartment, Outside City Center (Monthly)

$1,736 ISK 211.9K

$2,910 ISK 355.2K

-40.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,086 ISK 254.7K

Buy Apartment in City Center (m2)

$6,638 ISK 810.4K

Buy Apartment Outside City Center (m2)

$6,635 ISK 809.9K

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: April 13, 2026

Last update for Selfoss: April 13, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Akureyri vs other spots: cost of living compared

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