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 $3,122 per month in Akureyri vs $1,396 in Ubud, Bali, rent included.

A couple spends around $4,153 per month in Akureyri vs $2,334 in Ubud, Bali, rent included.

A family of three spends $5,184 per month in Akureyri vs $3,273 in Ubud, Bali, rent included.

Akureyri costs about 124% more than Ubud, Bali, driven mainly by Eating Out.

Both Akureyri and Ubud, Bali sit above the global median – Akureyri by 127%, Ubud, Bali by 2%.

Meal at Budget Restaurant

$24.26 ISK 2,940

$3.37 Rp 59.9K

619.88%

Three-Course Dinner for Two, Mid-Range

$133 ISK 16.2K

$38.59 Rp 685.5K

245.66%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,719

$5.52 Rp 98.1K

306.52%

Cappuccino

$4.94 ISK 599

$2.64 Rp 47.0K

87.12%

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

$3.35 ISK 406

$1.67 Rp 29.7K

100.60%

Water (0.33 liter bottle)

$3.15 ISK 382

$0.77 Rp 13.7K

309.09%

Local Beer (0.5 liter draught)

$11.19 ISK 1,356

$2.63 Rp 46.8K

325.48%

Imported Beer (0.33 liter bottle)

$9.57 ISK 1,159

$4.28 Rp 76.1K

123.60%

Milk (1 liter)

$2.74 ISK 332

$1.55 Rp 27.5K

76.77%

White Bread (500g)

$2.34 ISK 283

$2.22 Rp 39.5K

5.41%

Rice (white) (1kg)

$3.19 ISK 386

$1.13 Rp 20.0K

182.30%

Eggs

$7.64 ISK 926

$2.09 Rp 37.1K

265.55%

Local Cheese (1kg)

$15.73 ISK 1,907

$17.39 Rp 309.0K

-9.55%

Chicken Fillets (1kg)

$24.74 ISK 2,998

$3.87 Rp 68.7K

539.28%

Beef Round Steak (1kg)

$12.55 Rp 222.9K

Apples (1kg)

$3.62 Rp 64.2K

Banana (1kg)

$2.93 ISK 355

$1.56 Rp 27.7K

87.82%

Oranges (1kg)

$3.48 ISK 422

$2.35 Rp 41.8K

48.09%

Tomato (1kg)

$6.04 ISK 732

$2.06 Rp 36.5K

193.20%

Potato (1kg)

$1.90 Rp 33.7K

Onion (1kg)

$2.34 Rp 41.5K

Lettuce (1 head)

$1.03 Rp 18.3K

Water (1.5 liter bottle)

$0.55 Rp 9,854

Cigarettes 20 Pack (Marlboro, Camel)

$13.98 ISK 1,694

$2.25 Rp 40.0K

521.33%

Wine (Bottle)

$23.81 Rp 422.9K

Local Beer (0.5 liter bottle)

$2.31 Rp 41.1K

Imported Beer (0.33 liter bottle)

$2.80 Rp 49.8K

One-way Ticket (Public Transport)

$0.27 Rp 4,839

Public Transport Monthly Pass (Regular Price)

$8.66 Rp 153.9K

Taxi Start (Normal Tariff)

$0.48 Rp 8,554

Taxi (Normal Tariff) (1km)

$0.45 Rp 7,924

Taxi 1hour Waiting (Normal Tariff)

$5.72 Rp 101.6K

Gasoline (1 liter)

$2.65 ISK 321

$0.76 Rp 13.5K

248.68%

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

$42.0K ISK 5.1M

$24.5K Rp 434.9M

71.52%

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

$66.7K ISK 8.1M

$32.1K Rp 570.6M

107.56%

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

$122 ISK 14.7K

$83.6 Rp 1.5M

45.67%

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

$26.17 ISK 3,171

$6.46 Rp 114.7K

305.11%

Internet (50+ Mbps, Unlimited Data)

$163 ISK 19.7K

$18.99 Rp 337.4K

756.19%

Gym Membership (Monthly)

$86.4 ISK 10.5K

$56.0 Rp 994.4K

54.33%

Tennis Court (1 Hour on Weekend)

$18.62 Rp 330.7K

Cinema Ticket

$15.18 ISK 1,840

$4.28 Rp 76.1K

254.67%

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

$375 ISK 45.4K

$487 Rp 8.6M

-22.97%

International Primary School, 1 Child (Yearly)

$5,856 Rp 104.0M

Jeans (Levis 501 Or Similar)

$80.9 ISK 9,802

$45.56 Rp 809.3K

77.55%

Summer Dress (H&M, Zara, etc)

$36.38 Rp 646.3K

Sport Shoes (Adidas, Nike)

$126 ISK 15.3K

$82.0 Rp 1.5M

53.97%

Men's Leather Business Shoes

$80.4 Rp 1.4M

1-bedroom Apartment, City Center (Monthly)

$1,827 ISK 221.5K

$1,117 Rp 19.8M

63.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,785 ISK 216.3K

$701 Rp 12.5M

154.59%

3-bedroom Apartment, City Center (Monthly)

$3,537 Rp 62.8M

3-bedroom Apartment, Outside City Center (Monthly)

$2,204 ISK 267.1K

$1,762 Rp 31.3M

25.08%

Buy Apartment in City Center (m2)

$6,515 ISK 789.5K

$2,826 Rp 50.2M

130.54%

Buy Apartment Outside City Center (m2)

$6,675 ISK 808.8K

$2,292 Rp 40.7M

191.24%

Average Monthly Net Salary (After Tax)

$170 Rp 3.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

13.78

-31.79%

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

Last update for Akureyri: August 29, 2026

Last update for Ubud, Bali: August 31, 2026

Cost Breakdown

A central one-bedroom costs $1,827 in Akureyri versus $1,117 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 $133 in Akureyri versus $39.00 in Ubud, Bali. Monthly groceries follow the same trend: $327 vs $293 – making Ubud, Bali the more affordable choice for daily food spending.

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 124%, 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 $4,683 per month in Akureyri and $2,095 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 $133 in Akureyri and $39.00 in Ubud, Bali. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 12% more in Akureyri, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Ubud, Bali, where all-in costs run around $1,396, than in Akureyri at $3,122. 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.