Cost of Living Comparison Between Akureyri and Ubud, Bali Cost of Living Comparison Between Akureyri and Ubud, Bali

Monthly Cost of Living

A single person spends $2,882 per month in Akureyri vs $1,419 in Ubud, Bali, rent included.

A couple spends around $3,886 per month in Akureyri vs $2,540 in Ubud, Bali, rent included.

A family of three spends $4,890 per month in Akureyri vs $3,660 in Ubud, Bali, rent included.

Akureyri costs about 103% more than Ubud, Bali, driven mainly by Eating Out.

Both Akureyri and Ubud, Bali sit above the global median – Akureyri by 115%, Ubud, Bali by 6%.

Meal at Budget Restaurant

$23.72 ISK 2,924

$3.56 Rp 63.7K

566.29%

Three-Course Dinner for Two, Mid-Range

$128 ISK 15.8K

$32.73 Rp 584.5K

291.63%

Fast Food Meal (McDonalds, etc)

$22.22 ISK 2,740

$4.95 Rp 88.4K

348.89%

Cappuccino

$4.83 ISK 596

$2.71 Rp 48.4K

78.23%

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

$3.26 ISK 402

$1.34 Rp 24.0K

143.28%

Water (0.33 liter bottle)

$3.03 ISK 374

$0.70 Rp 12.5K

332.86%

Local Beer (0.5 liter draught)

$10.68 ISK 1,316

$2.92 Rp 52.1K

265.75%

Imported Beer (0.33 liter bottle)

$9.17 ISK 1,130

$3.96 Rp 70.7K

131.57%

Milk (1 liter)

$2.89 ISK 357

$1.81 Rp 32.3K

59.67%

White Bread (500g)

$2.36 ISK 291

$2.52 Rp 45.0K

-6.35%

Rice (white) (1kg)

$3.14 ISK 387

$1.16 Rp 20.7K

170.69%

Eggs

$8.08 ISK 997

$2.46 Rp 43.9K

228.46%

Local Cheese (1kg)

$14.71 Rp 262.7K

Chicken Fillets (1kg)

$23.63 ISK 2,914

$4.32 Rp 77.1K

446.99%

Beef Round Steak (1kg)

$12.14 Rp 216.7K

Apples (1kg)

$3.84 Rp 68.6K

Banana (1kg)

$1.56 Rp 27.8K

Oranges (1kg)

$2.83 Rp 50.6K

Tomato (1kg)

$2.33 Rp 41.5K

Potato (1kg)

$1.91 Rp 34.2K

Onion (1kg)

$2.20 Rp 39.3K

Lettuce (1 head)

$1.01 Rp 18.1K

Water (1.5 liter bottle)

$0.78 Rp 13.8K

Cigarettes 20 Pack (Marlboro, Camel)

$13.17 ISK 1,624

$3.32 Rp 59.2K

296.69%

Wine (Bottle)

$23.74 Rp 423.9K

Local Beer (0.5 liter bottle)

$2.79 Rp 49.8K

Imported Beer (0.33 liter bottle)

$2.86 Rp 51.1K

One-way Ticket (Public Transport)

$0.27 Rp 4,800

Public Transport Monthly Pass (Regular Price)

$8.03 Rp 143.4K

Taxi Start (Normal Tariff)

$0.46 Rp 8,150

Taxi (Normal Tariff) (1km)

$0.45 Rp 8,037

Taxi 1hour Waiting (Normal Tariff)

$6.10 Rp 108.9K

Gasoline (1 liter)

$2.45 ISK 302

$0.79 Rp 14.2K

210.13%

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

$40.3K ISK 5.0M

$26.1K Rp 467.0M

54.30%

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

$64.0K ISK 7.9M

$32.1K Rp 573.6M

99.40%

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

$120 ISK 14.8K

$79.9 Rp 1.4M

50.29%

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

$24.83 ISK 3,062

$4.06 Rp 72.6K

511.58%

Internet (50+ Mbps, Unlimited Data)

$164 ISK 20.2K

$23.52 Rp 420.0K

596.30%

Gym Membership (Monthly)

$84.4 ISK 10.4K

$98.7 Rp 1.8M

-14.53%

Tennis Court (1 Hour on Weekend)

$6.63 Rp 118.4K

Cinema Ticket

$15.27 ISK 1,883

$4.15 Rp 74.1K

267.95%

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

$369 ISK 45.5K

$304 Rp 5.4M

21.34%

International Primary School, 1 Child (Yearly)

$6,613 Rp 118.1M

Jeans (Levis 501 Or Similar)

$79.4 ISK 9,794

$55.5 Rp 991.8K

43.01%

Summer Dress (H&M, Zara, etc)

$38.31 Rp 684.1K

Sport Shoes (Adidas, Nike)

$121 ISK 14.9K

$88.6 Rp 1.6M

36.37%

Men's Leather Business Shoes

$77.9 Rp 1.4M

1-bedroom Apartment, City Center (Monthly)

$1,790 ISK 220.7K

$1,006 Rp 18.0M

77.88%

1-bedroom Apartment, Outside City Center (Monthly)

$1,741 ISK 214.7K

$675 Rp 12.1M

157.85%

3-bedroom Apartment, City Center (Monthly)

$3,442 Rp 61.5M

3-bedroom Apartment, Outside City Center (Monthly)

$2,143 ISK 264.2K

$2,039 Rp 36.4M

5.07%

Buy Apartment in City Center (m2)

$6,370 ISK 785.4K

$2,841 Rp 50.7M

124.19%

Buy Apartment Outside City Center (m2)

$6,428 ISK 792.6K

$2,264 Rp 40.4M

183.95%

Average Monthly Net Salary (After Tax)

$165 Rp 3.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

13.28

-29.22%

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

Last update for Akureyri: June 1, 2026

Last update for Ubud, Bali: June 1, 2026

Cost Breakdown

A central one-bedroom costs $1,790 in Akureyri versus $1,006 in Ubud, Bali. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $128 in Akureyri versus $33.00 in Ubud, Bali. Groceries tell a different story – $216 in Akureyri vs $302 in Ubud, Bali – so Akureyri wins on supermarket bills even if dining out costs more.

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 Ubud, Bali: Cost of Living - Frequently Asked Questions

Yes – Akureyri is pricier by about 103%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $4,322 per month in Akureyri and $2,129 in Ubud, Bali. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ubud, Bali, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $128 in Akureyri and $33.00 in Ubud, Bali. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 40% cheaper in Akureyri – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Ubud, Bali, where all-in costs run around $1,419, than in Akureyri at $2,882. In Ubud, Bali it covers expenses comfortably, while in Akureyri it requires careful planning or may not stretch far enough.

Families tend to lean toward Ubud, Bali – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Ubud, Bali. If higher salaries, better infrastructure, or specific career opportunities are the priority, Akureyri makes more sense. Both are solid long-term options with distinct trade-offs.