Last update: Oct 2026

Cost of Living Comparison Between Berlin and Egilsstadir

For one person, living is cheaper in Egilsstadir: $623 a month against $2,545 in Berlin, rent and utilities included – about $23,100 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Berlin
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Berlin Living Index

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Berlin

🇩🇪 Germany

$2,545

/mo nomad

Egilsstadir

🇮🇸 Iceland

$623

/mo nomad

Monthly Cost of Living

How much you'll spend in Berlin and in Egilsstadir

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Berlin and in Egilsstadir actually costs, broken down by who's living it.

A single person spends $2,545 per month in Berlin vs $623 in Egilsstadir, rent included.

Berlin $2,545
Egilsstadir $623

A couple spends around $3,901 per month in Berlin vs $1,044 in Egilsstadir, rent included.

Berlin $3,901
Egilsstadir $1,044

A family of three spends $5,257 per month in Berlin vs $1,465 in Egilsstadir, rent included.

Berlin $5,257
Egilsstadir $1,465

Berlin costs about 308% more than Egilsstadir, and outside of rent the biggest gap is in eating out.

Berlin sits 90% above the global median, while Egilsstadir is 53% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.81 €14.99

Three-Course Dinner for Two, Mid-Range

$79.6 €71.0

Fast Food Meal (McDonalds, etc)

$13.38 €11.93

Cappuccino

$4.27 €3.81

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

$3.40 €3.03

Water (0.33 liter bottle)

$3.12 €2.78

Local Beer (0.5 liter draught)

$5.48 €4.88

Imported Beer (0.33 liter bottle)

$4.56 €4.06

Milk (1 liter)

$1.27 €1.13

$1.70 ISK 207

-25.29%

White Bread (500g)

$2.45 €2.18

$2.85 ISK 348

-14.04%

Rice (white) (1kg)

$3.30 €2.94

$2.48 ISK 302

33.06%

Eggs

$4.45 €3.97

$5.85 ISK 712

-23.93%

Local Cheese (1kg)

$17.10 €15.25

$22.28 ISK 2,715

-23.25%

Chicken Fillets (1kg)

$12.19 €10.87

$33.23 ISK 4,049

-63.32%

Beef Round Steak (1kg)

$18.30 €16.32

$43.56 ISK 5,308

-57.99%

Apples (1kg)

$3.58 €3.19

$2.70 ISK 328

32.59%

Banana (1kg)

$1.98 €1.76

$2.45 ISK 298

-19.18%

Oranges (1kg)

$3.27 €2.91

$2.54 ISK 309

28.74%

Tomato (1kg)

$3.81 €3.40

$3.85 ISK 469

-1.04%

Potato (1kg)

$2.13 €1.90

$4.40 ISK 536

-51.59%

Onion (1kg)

$2.21 €1.97

$2.11 ISK 257

4.74%

Lettuce (1 head)

$1.49 €1.33

$2.20 ISK 268

-32.27%

Water (1.5 liter bottle)

$1.01 €0.90

$2.22 ISK 270

-54.50%

Cigarettes 20 Pack (Marlboro, Camel)

$10.49 €9.36

Wine (Bottle)

$6.76 €6.03

$22.37 ISK 2,726

-69.78%

Local Beer (0.5 liter bottle)

$1.34 €1.20

$3.99 ISK 486

-66.42%

Imported Beer (0.33 liter bottle)

$2.10 €1.87

$3.56 ISK 433

-41.01%

One-way Ticket (Public Transport)

$4.37 €3.90

Public Transport Monthly Pass (Regular Price)

$71.0 €63.3

Taxi Start (Normal Tariff)

$5.29 €4.72

$6.11 ISK 744

-13.42%

Taxi (Normal Tariff) (1km)

$3.05 €2.72

Taxi 1hour Waiting (Normal Tariff)

$36.30 €32.36

Gasoline (1 liter)

$2.28 €2.03

$2.33 ISK 284

-2.15%

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

$33.2K €29.6K

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

$39.1K €34.8K

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

$379 €338

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

$19.31 €17.22

Internet (50+ Mbps, Unlimited Data)

$48.41 €43.17

Gym Membership (Monthly)

$40.31 €35.94

Tennis Court (1 Hour on Weekend)

$35.51 €31.66

Cinema Ticket

$15.53 €13.85

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

$144 €128

International Primary School, 1 Child (Yearly)

$15.8K €14.0K

Jeans (Levis 501 Or Similar)

$94.6 €84.4

Summer Dress (H&M, Zara, etc)

$46.33 €41.31

Sport Shoes (Adidas, Nike)

$103 €92.1

Men's Leather Business Shoes

$141 €126

1-bedroom Apartment, City Center (Monthly)

$1,488 €1,327

1-bedroom Apartment, Outside City Center (Monthly)

$1,098 €979

3-bedroom Apartment, City Center (Monthly)

$2,665 €2,376

3-bedroom Apartment, Outside City Center (Monthly)

$2,080 €1,855

Buy Apartment in City Center (m2)

$8,578 €7,648

Buy Apartment Outside City Center (m2)

$5,438 €4,849

Average Monthly Net Salary (After Tax)

$3,487 €3,109

20-Year Fixed Mortgage Interest Rate (Annual %)

3.8

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

Last update for Berlin: October 3, 2026

Last update for Egilsstadir: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Berlin

$1.1K 43.3%

Egilsstadir

–

Monthly Utilities & Internet

Berlin

$447 17.6%

Egilsstadir

–

Groceries & Markets

Berlin

$351 13.8%

Egilsstadir

–

Eating Out

Berlin

$289 11.4%

Egilsstadir

–

Clothing & Footwear

Berlin

$174 6.8%

Egilsstadir

–

Getting Around

Berlin

$109 4.3%

Egilsstadir

–

Sport & Entertainment

Berlin

$71 2.8%

Egilsstadir

–

Good to know

🇩🇪 Berlin

🇮🇸 Egilsstadir

🕒 Local time

08:20 8:20 AM

06:20 6:20 AM

2 h behind Berlin

🌤 Weather

👥 Population

3,769,962 Capital

2,500

💱 Currency

Euro EUR €

Icelandic Króna ISK kr

📈 Exchange rate

1 EUR = 1.12 USD

1,000 ISK = 8.21 USD

1,000 ISK = 7.32 EUR

Exchange rates and currency converter

ISK, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

USD to EUR in detail →

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Berlin Egilsstadir 2,100 km ≈ 3 h 15 min nonstop flight

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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

Berlin vs Egilsstadir: Cost of Living - Frequently Asked Questions

Yes – Berlin is pricier by about 308%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,818 per month in Berlin and $935 in Egilsstadir. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $2,545 in Berlin and $623 in Egilsstadir. That's a gap of about 308%.

Interestingly, groceries are about 78% cheaper in Berlin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Egilsstadir, where all-in costs run around $623, than in Berlin at $2,545. In Egilsstadir it covers expenses comfortably, while in Berlin it requires careful planning or may not stretch far enough.

Families tend to lean toward Egilsstadir – 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 Egilsstadir. If higher salaries, better infrastructure, or specific career opportunities are the priority, Berlin makes more sense. Both are solid long-term options with distinct trade-offs.