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

🙂 Solo nomad: Egilsstadir is 62.2% cheaper than Akranes without rent, and 83% cheaper with rent.

🙂 Family of 3: Egilsstadir is 69.2% cheaper than Akranes without rent, and 82.4% cheaper with rent.

Meal at Budget Restaurant

$27.06 ISK 3,386

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.0K

Fast Food Meal (McDonalds, etc)

$22.09 ISK 2,764

Cappuccino

$5.98 ISK 748

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

$3.12 ISK 390

Water (0.33 liter bottle)

$2.43 ISK 304

Local Beer (0.5 liter draught)

$10.49 ISK 1,313

Imported Beer (0.33 liter bottle)

$7.95 ISK 995

Milk (1 liter)

$1.62 ISK 203

$1.95 ISK 244

-16.92%

White Bread (500g)

$2.76 ISK 346

$2.00 ISK 250

38.00%

Rice (white) (1kg)

$2.37 ISK 296

$3.56 ISK 445

-33.43%

Eggs

$5.63 ISK 705

$5.90 ISK 739

-4.58%

Local Cheese (1kg)

$21.50 ISK 2,691

$18.35 ISK 2,297

17.17%

Chicken Fillets (1kg)

$31.23 ISK 3,908

$24.33 ISK 3,045

28.36%

Beef Round Steak (1kg)

$43.50 ISK 5,444

$41.63 ISK 5,210

4.49%

Apples (1kg)

$2.60 ISK 326

$3.22 ISK 403

-19.25%

Banana (1kg)

$2.47 ISK 309

$2.43 ISK 305

1.65%

Oranges (1kg)

$2.43 ISK 304

$2.96 ISK 370

-17.91%

Tomato (1kg)

$3.73 ISK 466

$4.85 ISK 607

-23.09%

Potato (1kg)

$4.26 ISK 534

$3.52 ISK 440

21.02%

Onion (1kg)

$2.02 ISK 253

$2.33 ISK 291

-13.30%

Lettuce (1 head)

$2.18 ISK 273

$3.06 ISK 383

-28.76%

Water (1.5 liter bottle)

$2.15 ISK 269

$1.95 ISK 244

10.26%

Cigarettes 20 Pack (Marlboro, Camel)

$13.41 ISK 1,678

Wine (Bottle)

$21.73 ISK 2,719

$23.60 ISK 2,954

-7.92%

Local Beer (0.5 liter bottle)

$3.80 ISK 475

$2.84 ISK 355

33.80%

Imported Beer (0.33 liter bottle)

$3.46 ISK 434

$2.04 ISK 256

69.61%

One-way Ticket (Public Transport)

$3.51 ISK 440

Public Transport Monthly Pass (Regular Price)

$72.0 ISK 9,015

Taxi Start (Normal Tariff)

$6.50 ISK 813

Taxi (Normal Tariff) (1km)

$1.04 ISK 130

Taxi 1hour Waiting (Normal Tariff)

$86.8 ISK 10.9K

Gasoline (1 liter)

$2.52 ISK 315

$2.55 ISK 319

-1.18%

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

$46.9K ISK 5.9M

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

$52.4K ISK 6.6M

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

$89.3 ISK 11.2K

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

$27.35 ISK 3,422

Internet (50+ Mbps, Unlimited Data)

$85.2 ISK 10.7K

Cinema Ticket

$17.78 ISK 2,225

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

$321 ISK 40.1K

International Primary School, 1 Child (Yearly)

$29.6K ISK 3.7M

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

Summer Dress (H&M, Zara, etc)

$61.2 ISK 7,652

Sport Shoes (Adidas, Nike)

$180 ISK 22.5K

Men's Leather Business Shoes

$267 ISK 33.5K

1-bedroom Apartment, City Center (Monthly)

$3,016 ISK 377.5K

1-bedroom Apartment, Outside City Center (Monthly)

$1,896 ISK 237.2K

3-bedroom Apartment, City Center (Monthly)

$4,768 ISK 596.6K

3-bedroom Apartment, Outside City Center (Monthly)

$3,568 ISK 446.5K

Average Monthly Net Salary (After Tax)

$5,728 ISK 716.8K

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: 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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