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 $2,878 per month in Akureyri vs $1,408 in Ubud, Bali, rent included.

A couple spends around $3,875 per month in Akureyri vs $2,585 in Ubud, Bali, rent included.

A family of three spends $4,871 per month in Akureyri vs $3,763 in Ubud, Bali, rent included.

Akureyri costs about 104% 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 5%.

Meal at Budget Restaurant

$23.99 ISK 2,989

$3.45 Rp 61.8K

595.36%

Three-Course Dinner for Two, Mid-Range

$129 ISK 16.1K

$32.34 Rp 578.5K

298.42%

Fast Food Meal (McDonalds, etc)

$22.32 ISK 2,781

$4.84 Rp 86.7K

361.16%

Cappuccino

$4.83 ISK 602

$2.75 Rp 49.1K

75.64%

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

$3.39 ISK 422

$1.38 Rp 24.8K

145.65%

Water (0.33 liter bottle)

$3.07 ISK 383

$0.75 Rp 13.4K

309.33%

Local Beer (0.5 liter draught)

$10.69 ISK 1,332

$2.99 Rp 53.5K

257.53%

Imported Beer (0.33 liter bottle)

$9.08 ISK 1,132

$3.85 Rp 68.9K

135.84%

Milk (1 liter)

$2.76 ISK 344

$1.74 Rp 31.1K

58.62%

White Bread (500g)

$2.28 ISK 284

$2.46 Rp 44.0K

-7.32%

Rice (white) (1kg)

$3.00 ISK 374

$1.17 Rp 20.9K

156.41%

Eggs

$7.93 ISK 988

$2.43 Rp 43.5K

226.34%

Local Cheese (1kg)

$14.50 Rp 259.5K

Chicken Fillets (1kg)

$23.73 ISK 2,956

$4.35 Rp 77.8K

445.52%

Beef Round Steak (1kg)

$11.98 Rp 214.3K

Apples (1kg)

$3.72 Rp 66.5K

Banana (1kg)

$1.63 Rp 29.1K

Oranges (1kg)

$2.74 Rp 49.1K

Tomato (1kg)

$2.24 Rp 40.1K

Potato (1kg)

$1.92 Rp 34.3K

Onion (1kg)

$2.28 Rp 40.7K

Lettuce (1 head)

$1.06 Rp 19.0K

Water (1.5 liter bottle)

$0.72 Rp 12.9K

Cigarettes 20 Pack (Marlboro, Camel)

$13.56 ISK 1,689

$3.29 Rp 58.8K

312.16%

Wine (Bottle)

$23.19 Rp 414.9K

Local Beer (0.5 liter bottle)

$2.78 Rp 49.7K

Imported Beer (0.33 liter bottle)

$2.73 Rp 48.9K

One-way Ticket (Public Transport)

$0.27 Rp 4,765

Public Transport Monthly Pass (Regular Price)

$8.11 Rp 145.0K

Taxi Start (Normal Tariff)

$0.48 Rp 8,636

Taxi (Normal Tariff) (1km)

$0.42 Rp 7,511

Taxi 1hour Waiting (Normal Tariff)

$6.22 Rp 111.3K

Gasoline (1 liter)

$2.54 ISK 317

$0.81 Rp 14.6K

213.58%

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

$40.4K ISK 5.0M

$26.6K Rp 476.1M

51.91%

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

$64.1K ISK 8.0M

$32.2K Rp 575.9M

99.03%

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

$120 ISK 15.0K

$78.4 Rp 1.4M

53.45%

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

$25.14 ISK 3,133

$4.07 Rp 72.8K

517.69%

Internet (50+ Mbps, Unlimited Data)

$160 ISK 19.9K

$24.33 Rp 435.2K

557.38%

Gym Membership (Monthly)

$84.0 ISK 10.5K

$98.6 Rp 1.8M

-14.86%

Tennis Court (1 Hour on Weekend)

$6.34 Rp 113.3K

Cinema Ticket

$15.09 ISK 1,880

$3.99 Rp 71.3K

278.20%

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

$367 ISK 45.7K

$305 Rp 5.5M

20.25%

International Primary School, 1 Child (Yearly)

$6,642 Rp 118.8M

Jeans (Levis 501 Or Similar)

$82.0 ISK 10.2K

$54.1 Rp 968.6K

51.40%

Summer Dress (H&M, Zara, etc)

$37.81 Rp 676.3K

Sport Shoes (Adidas, Nike)

$119 ISK 14.9K

$86.8 Rp 1.6M

37.29%

Men's Leather Business Shoes

$76.4 Rp 1.4M

1-bedroom Apartment, City Center (Monthly)

$1,774 ISK 221.1K

$992 Rp 17.7M

78.88%

1-bedroom Apartment, Outside City Center (Monthly)

$1,782 ISK 222.0K

$673 Rp 12.0M

164.86%

3-bedroom Apartment, City Center (Monthly)

$3,375 Rp 60.4M

3-bedroom Apartment, Outside City Center (Monthly)

$2,084 ISK 259.7K

$2,050 Rp 36.7M

1.67%

Buy Apartment in City Center (m2)

$6,329 ISK 788.6K

$2,805 Rp 50.2M

125.67%

Buy Apartment Outside City Center (m2)

$6,340 ISK 790.0K

$2,227 Rp 39.8M

184.71%

Average Monthly Net Salary (After Tax)

$167 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: July 13, 2026

Last update for Ubud, Bali: July 11, 2026

Cost Breakdown

A central one-bedroom costs $1,774 in Akureyri versus $992 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 $129 in Akureyri versus $32.00 in Ubud, Bali. Groceries tell a different story – $213 in Akureyri vs $297 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 104%, 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 $4,317 per month in Akureyri and $2,112 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 $129 in Akureyri and $32.00 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 $1,408, than in Akureyri at $2,878. 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.