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

🙂 Solo nomad: Egilsstadir is 68.7% cheaper than Akranes without rent, and 82.8% cheaper with rent.

🙂 Family of 3: Egilsstadir is 62.3% cheaper than Akranes without rent, and 81.4% cheaper with rent.

Meal at Budget Restaurant

$27.36 ISK 3,446

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.4K

Fast Food Meal (McDonalds, etc)

$22.31 ISK 2,811

Cappuccino

$6.05 ISK 763

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

$3.15 ISK 397

Water (0.33 liter bottle)

$2.41 ISK 304

Local Beer (0.5 liter draught)

$10.34 ISK 1,303

Imported Beer (0.33 liter bottle)

$7.80 ISK 983

Milk (1 liter)

$1.65 ISK 208

$1.90 ISK 239

-13.16%

White Bread (500g)

$2.80 ISK 353

$2.02 ISK 255

38.61%

Rice (white) (1kg)

$2.33 ISK 294

$3.59 ISK 453

-35.10%

Eggs

$5.66 ISK 713

$5.94 ISK 748

-4.71%

Local Cheese (1kg)

$21.10 ISK 2,658

$18.33 ISK 2,310

15.11%

Chicken Fillets (1kg)

$31.18 ISK 3,927

$24.13 ISK 3,039

29.22%

Beef Round Steak (1kg)

$42.44 ISK 5,346

$42.32 ISK 5,331

0.28%

Apples (1kg)

$2.68 ISK 337

$3.22 ISK 406

-16.77%

Banana (1kg)

$2.38 ISK 300

$2.41 ISK 303

-1.24%

Oranges (1kg)

$2.45 ISK 309

$2.97 ISK 374

-17.51%

Tomato (1kg)

$3.77 ISK 475

$4.77 ISK 601

-20.96%

Potato (1kg)

$4.27 ISK 538

$3.70 ISK 466

15.41%

Onion (1kg)

$2.04 ISK 257

$2.41 ISK 304

-15.35%

Lettuce (1 head)

$2.12 ISK 267

$3.15 ISK 397

-32.70%

Water (1.5 liter bottle)

$2.19 ISK 276

$2.02 ISK 255

8.42%

Cigarettes 20 Pack (Marlboro, Camel)

$13.77 ISK 1,734

Wine (Bottle)

$21.17 ISK 2,666

$23.90 ISK 3,011

-11.42%

Local Beer (0.5 liter bottle)

$3.75 ISK 472

$2.78 ISK 351

34.89%

Imported Beer (0.33 liter bottle)

$3.41 ISK 429

$1.98 ISK 250

72.22%

One-way Ticket (Public Transport)

$3.66 ISK 461

Public Transport Monthly Pass (Regular Price)

$71.3 ISK 8,978

Taxi Start (Normal Tariff)

$6.39 ISK 804

Taxi (Normal Tariff) (1km)

$1.04 ISK 131

Taxi 1hour Waiting (Normal Tariff)

$85.9 ISK 10.8K

Gasoline (1 liter)

$2.64 ISK 332

$2.43 ISK 306

8.64%

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

$46.5K ISK 5.9M

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

$52.2K ISK 6.6M

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

$87.1 ISK 11.0K

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

$26.95 ISK 3,394

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.8K

Cinema Ticket

$17.73 ISK 2,234

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

$322 ISK 40.6K

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.8M

Jeans (Levis 501 Or Similar)

$142 ISK 17.8K

Summer Dress (H&M, Zara, etc)

$60.9 ISK 7,670

Sport Shoes (Adidas, Nike)

$184 ISK 23.2K

Men's Leather Business Shoes

$264 ISK 33.3K

1-bedroom Apartment, City Center (Monthly)

$3,023 ISK 380.8K

1-bedroom Apartment, Outside City Center (Monthly)

$1,884 ISK 237.3K

3-bedroom Apartment, City Center (Monthly)

$4,833 ISK 608.8K

3-bedroom Apartment, Outside City Center (Monthly)

$3,648 ISK 459.6K

Average Monthly Net Salary (After Tax)

$5,462 ISK 688.1K

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: January 13, 2026

Last update for Akranes: January 11, 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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