Cost of Living Comparison Between Egilsstadir and Akranes Cost of Living Comparison Between Egilsstadir and Akranes

🙂 Solo nomad: Egilsstadir is 54.7% cheaper than Akranes without rent, and 83% cheaper with rent.

🙂 Family of 3: Egilsstadir is 64.1% cheaper than Akranes without rent, and 82.1% cheaper with rent.

Meal at Budget Restaurant

$26.45 ISK 3,299

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.1K

Fast Food Meal (McDonalds, etc)

$22.1 ISK 2,757

Cappuccino

$6.13 ISK 765

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

$3.13 ISK 391

Water (0.33 liter bottle)

$2.44 ISK 304

Local Beer (0.5 liter draught)

$10.64 ISK 1,327

Imported Beer (0.33 liter bottle)

$8.11 ISK 1,011

Milk (1 liter)

$1.68 ISK 210

$1.96 ISK 245

-14.29%

White Bread (500g)

$2.76 ISK 345

$2.06 ISK 258

33.98%

Rice (white) (1kg)

$2.33 ISK 291

$3.57 ISK 446

-34.73%

Eggs

$5.78 ISK 721

$5.88 ISK 734

-1.70%

Local Cheese (1kg)

$21.62 ISK 2,697

$18.07 ISK 2,254

19.65%

Chicken Fillets (1kg)

$31.93 ISK 3,983

$24.01 ISK 2,995

32.99%

Beef Round Steak (1kg)

$43.03 ISK 5,368

$41.8 ISK 5,214

2.94%

Apples (1kg)

$2.61 ISK 326

$3.35 ISK 418

-22.09%

Banana (1kg)

$2.38 ISK 296

$2.4 ISK 299

-0.83%

Oranges (1kg)

$2.45 ISK 306

$2.98 ISK 372

-17.79%

Tomato (1kg)

$3.77 ISK 471

$4.74 ISK 591

-20.46%

Potato (1kg)

$4.42 ISK 551

$3.64 ISK 455

21.43%

Onion (1kg)

$2.06 ISK 257

$2.44 ISK 304

-15.57%

Lettuce (1 head)

$2.11 ISK 264

$3.18 ISK 397

-33.65%

Water (1.5 liter bottle)

$2.18 ISK 272

$1.99 ISK 248

9.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.65 ISK 1,702

Wine (Bottle)

$22.1 ISK 2,757

$24.29 ISK 3,030

-9.02%

Local Beer (0.5 liter bottle)

$3.8 ISK 474

$2.79 ISK 348

36.20%

Imported Beer (0.33 liter bottle)

$3.39 ISK 423

$1.96 ISK 245

72.96%

One-way Ticket (Public Transport)

$3.65 ISK 455

Public Transport Monthly Pass (Regular Price)

$72.4 ISK 9,029

Taxi Start (Normal Tariff)

$6.2 ISK 773

Taxi (Normal Tariff) (1km)

$1.04 ISK 130

Taxi 1hour Waiting (Normal Tariff)

$87.1 ISK 10.9K

Gasoline (1 liter)

$2.52 ISK 314

$2.51 ISK 314

0.40%

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

$46.9K ISK 5.8M

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

$53K ISK 6.6M

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

$88.8 ISK 11.1K

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

$27.52 ISK 3,433

Internet (50+ Mbps, Unlimited Data)

$86.4 ISK 10.8K

Cinema Ticket

$17.51 ISK 2,184

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

$321 ISK 40.1K

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

Jeans (Levis 501 Or Similar)

$138 ISK 17.2K

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,805

Sport Shoes (Adidas, Nike)

$184 ISK 23K

Men's Leather Business Shoes

$264 ISK 32.9K

1-bedroom Apartment, City Center (Monthly)

$2,925 ISK 364.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,877 ISK 234.1K

3-bedroom Apartment, City Center (Monthly)

$4,785 ISK 597K

3-bedroom Apartment, Outside City Center (Monthly)

$3,552 ISK 443.2K

Average Monthly Net Salary (After Tax)

$5,630 ISK 702.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Egilsstadir: October 29, 2025

Last update for Akranes: October 29, 2025

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