Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Husavik

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Cost of Living Index in Austin, TX
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Austin, TX Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Husavik

🇮🇸 Iceland

/mo nomad

Meal at Budget Restaurant

$20.77 $20.77

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

Cappuccino

$5.63 $5.63

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

$3.72 $3.72

Water (0.33 liter bottle)

$2.50 $2.50

Local Beer (0.5 liter draught)

$8.05 $8.05

Imported Beer (0.33 liter bottle)

$9.01 $9.01

Milk (1 liter)

$1.12 $1.12

White Bread (500g)

$3.75 $3.75

Rice (white) (1kg)

$3.26 $3.26

Eggs

$4.17 $4.17

Local Cheese (1kg)

$12.90 $12.90

Chicken Fillets (1kg)

$14.16 $14.16

Beef Round Steak (1kg)

$16.22 $16.22

Apples (1kg)

$4.33 $4.33

Banana (1kg)

$1.46 $1.46

Oranges (1kg)

$4.51 $4.51

Tomato (1kg)

$4.34 $4.34

Potato (1kg)

$2.58 $2.58

Onion (1kg)

$2.35 $2.35

Lettuce (1 head)

$1.78 $1.78

Water (1.5 liter bottle)

$2.22 $2.22

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

Wine (Bottle)

$15.08 $15.08

Local Beer (0.5 liter bottle)

$2.92 $2.92

Imported Beer (0.33 liter bottle)

$3.46 $3.46

One-way Ticket (Public Transport)

$1.49 $1.49

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

Taxi Start (Normal Tariff)

$2.73 $2.73

Taxi (Normal Tariff) (1km)

$1.66 $1.66

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

Gasoline (1 liter)

$0.95 $0.95

$2.54 ISK 308

-62.60%

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

$36.0K $36.0K

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

$27.1K $27.1K

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

$229 $229

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

$59.4 $59.4

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

Gym Membership (Monthly)

$57.2 $57.2

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

Cinema Ticket

$14.28 $14.28

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

$1,506 $1,506

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

Jeans (Levis 501 Or Similar)

$52.8 $52.8

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

Sport Shoes (Adidas, Nike)

$84.8 $84.8

Men's Leather Business Shoes

$103 $103

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

Buy Apartment in City Center (m2)

$7,614 $7,614

Buy Apartment Outside City Center (m2)

$3,157 $3,157

Average Monthly Net Salary (After Tax)

$5,121 $5,121

$4,413 ISK 535.2K

16.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

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

Last update for Austin, TX: October 12, 2026

Last update for Husavik: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 47.8%

Husavik

–

Groceries & Markets

Austin, TX

$405 15.2%

Husavik

–

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Husavik

–

Eating Out

Austin, TX

$354 13.3%

Husavik

–

Clothing & Footwear

Austin, TX

$128 4.8%

Husavik

–

Sport & Entertainment

Austin, TX

$86 3.2%

Husavik

–

Getting Around

Austin, TX

$59 2.2%

Husavik

–

Cost Breakdown

Austin, TX pays 16% more on average. How far that income stretches comes down to housing choices and lifestyle.

Good to know

🇺🇸 Austin, TX

🇮🇸 Husavik

🕒 Local time

17:31 5:31 PM

22:31 10:31 PM

5 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

2,300

💱 Currency

United States Dollar USD $

Icelandic Króna ISK kr

📈 Exchange rate

1 USD = 0.89 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, EUR to USD – United States Dollar Converter

🇮🇸 Icelandic Króna (kr)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Icelandic Króna exchange rates as of October 18, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

ISK to USD in detail →

On the map

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Austin, TX Husavik 6,530 km ≈ 9 h nonstop flight

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Austin, TX
Husavik

Distances are measured in a straight line. Your location is detected approximately.

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

Austin, TX vs Husavik: Cost of Living - Frequently Asked Questions

Average pay runs 16% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

For families, Husavik is more practical. Housing and childcare are both notably cheaper than in Austin, TX, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Austin, TX and Husavik are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

It comes down to priorities – Husavik wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.