Cost of Living Comparison Between Ashland, OH and Akranes Cost of Living Comparison Between Ashland, OH and Akranes

🙂 Solo nomad: Ashland, OH is 45.1% cheaper than Akranes without rent, and 36.1% cheaper with rent.
🙂 Family of 3: Ashland, OH is 49.3% cheaper than Akranes without rent, and 55.4% cheaper with rent.
Currency
🍽 Eating Out
Ashland, OH
Akranes
Difference
Meal at Budget Restaurant
$8.45 $8.45
$27.06 ISK 3,386
-68.77%
Three-Course Dinner for Two, Mid-Range
$38.08 $38.08
$144 ISK 18.0K
-73.60%
Fast Food Meal (McDonalds, etc)
$8.32 $8.32
$22.09 ISK 2,764
-62.34%
Cappuccino
$3.64 $3.64
$5.98 ISK 748
-39.13%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.65 $1.65
$3.12 ISK 390
-47.12%
Water (0.33 liter bottle)
$1.33 $1.33
$2.43 ISK 304
-45.27%
Local Beer (0.5 liter draught)
$5.14 $5.14
$10.49 ISK 1,313
-51.00%
Imported Beer (0.33 liter bottle)
$5.07 $5.07
$7.95 ISK 994
-36.23%
🛒 Groceries & Markets
Ashland, OH
Akranes
Difference
Milk (1 liter)
$0.76 $0.76
$1.95 ISK 244
-61.03%
White Bread (500g)
$2.23 $2.23
$2.00 ISK 250
11.50%
Rice (white) (1kg)
$2.95 $2.95
$3.56 ISK 445
-17.13%
Eggs
$2.68 $2.68
$5.90 ISK 739
-54.58%
Local Cheese (1kg)
$11.38 $11.38
$18.35 ISK 2,296
-37.98%
Chicken Fillets (1kg)
$8.62 $8.62
$24.33 ISK 3,045
-64.57%
Beef Round Steak (1kg)
$13.36 $13.36
$41.63 ISK 5,210
-67.91%
Apples (1kg)
$3.64 $3.64
$3.22 ISK 403
13.04%
Banana (1kg)
$1.14 $1.14
$2.43 ISK 305
-53.09%
Oranges (1kg)
$3.36 $3.36
$2.96 ISK 370
13.51%
Tomato (1kg)
$3.79 $3.79
$4.85 ISK 606
-21.86%
Potato (1kg)
$1.59 $1.59
$3.52 ISK 440
-54.83%
Onion (1kg)
$1.98 $1.98
$2.33 ISK 291
-15.02%
Lettuce (1 head)
$2.14 $2.14
$3.06 ISK 383
-30.07%
Water (1.5 liter bottle)
$1.48 $1.48
$1.95 ISK 244
-24.10%
Cigarettes 20 Pack (Marlboro, Camel)
$9.98 $9.98
$13.41 ISK 1,677
-25.58%
Wine (Bottle)
$7.78 $7.78
$23.60 ISK 2,954
-67.03%
Local Beer (0.5 liter bottle)
$1.92 $1.92
$2.84 ISK 355
-32.39%
Imported Beer (0.33 liter bottle)
$2.59 $2.59
$2.04 ISK 256
26.96%
🚌 Getting Around
Ashland, OH
Akranes
Difference
One-way Ticket (Public Transport)
$2.94 $2.94
$3.51 ISK 440
-16.24%
Public Transport Monthly Pass (Regular Price)
$199 $199
$72.0 ISK 9,014
176.24%
Taxi Start (Normal Tariff)
$2.49 $2.49
$6.50 ISK 813
-61.69%
Taxi (Normal Tariff) (1km)
$1.29 $1.29
$1.04 ISK 130
24.04%
Taxi 1hour Waiting (Normal Tariff)
$18.18 $18.18
$86.8 ISK 10.9K
-79.04%
Gasoline (1 liter)
$0.87 $0.87
$2.55 ISK 319
-65.88%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.0K $28.0K
$46.9K ISK 5.9M
-40.32%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.6K $25.6K
$52.4K ISK 6.6M
-51.19%
🧾 Monthly Utilities & Internet
Ashland, OH
Akranes
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$167 $167
$89.3 ISK 11.2K
87.32%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$34.36 $34.36
$27.35 ISK 3,422
25.63%
Internet (50+ Mbps, Unlimited Data)
$65.0 $65.0
$85.2 ISK 10.7K
-23.74%
🎉 Sport & Entertainment
Ashland, OH
Akranes
Difference
Gym Membership (Monthly)
$34.19 $34.19
-
-
Cinema Ticket
$8.47 $8.47
$17.78 ISK 2,225
-52.36%
🧸 Childcare & Education
Ashland, OH
Akranes
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,467 $1,467
$321 ISK 40.1K
357.56%
International Primary School, 1 Child (Yearly)
$14.2K $14.2K
$29.6K ISK 3.7M
-51.90%
👕👟 Clothing & Footwear
Ashland, OH
Akranes
Difference
Jeans (Levis 501 Or Similar)
$43.14 $43.14
$141 ISK 17.7K
-69.44%
Summer Dress (H&M, Zara, etc)
$40.60 $40.60
$61.2 ISK 7,652
-33.61%
Sport Shoes (Adidas, Nike)
$70.8 $70.8
$180 ISK 22.5K
-60.58%
Men's Leather Business Shoes
$65.2 $65.2
$267 ISK 33.5K
-75.62%
🏠 Accommodation & Living
Ashland, OH
Akranes
Difference
1-bedroom Apartment, City Center (Monthly)
$641 $641
$3,016 ISK 377.4K
-78.75%
1-bedroom Apartment, Outside City Center (Monthly)
$1,134 $1,134
$1,896 ISK 237.2K
-40.19%
3-bedroom Apartment, City Center (Monthly)
$873 $873
$4,768 ISK 596.6K
-81.68%
3-bedroom Apartment, Outside City Center (Monthly)
$1,272 $1,272
$3,568 ISK 446.5K
-64.35%
Buy Apartment in City Center (m2)
$1,821 $1,821
-
-
Buy Apartment Outside City Center (m2)
$1,902 $1,902
-
-
💵 Salaries & Financials
Ashland, OH
Akranes
Difference
Average Monthly Net Salary (After Tax)
$3,263 $3,263
$5,728 ISK 716.8K
-43.04%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.51
9.63
-32.40%

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

Last update for Ashland, OH: March 3, 2026

Last update for Akranes: 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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