Last update: Oct 2026

Cost of Living Comparison Between Grundarfjordur and Tbilisi

For one person, living is cheaper in Tbilisi: $1,266 a month against $1,722 in Grundarfjordur, rent and utilities included – about $5,500 less a year. The total is higher in Grundarfjordur despite lower rent and utilities.

84

Cost of Living Index in Grundarfjordur
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Grundarfjordur Living Index
62

Cost of Living Index in Tbilisi
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Tbilisi Living Index

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Grundarfjordur

🇮🇸 Iceland

$1,722

/mo nomad

Tbilisi

🇬🇪 Georgia

$1,266

/mo nomad

Monthly Cost of Living

How much you'll spend in Grundarfjordur and in Tbilisi

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

Monthly costs for one person with rent: $1,722 in Grundarfjordur versus $1,266 in Tbilisi.

Grundarfjordur $1,722
Tbilisi $1,266

Estimated couple costs with rent: $2,930 in Grundarfjordur versus $2,007 in Tbilisi.

Grundarfjordur $2,930
Tbilisi $2,007

Monthly costs for a family of three with rent: $4,138 in Grundarfjordur versus $2,749 in Tbilisi.

Grundarfjordur $4,138
Tbilisi $2,749

Living in Grundarfjordur is roughly 36% more expensive than in Tbilisi, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Grundarfjordur is 28% above, Tbilisi is 6% below.

Meal at Budget Restaurant

$31.43 ISK 3,812

$11.34 ₾29.35

177.16%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$39.05 ₾101

213.88%

Fast Food Meal (McDonalds, etc)

$27.34 ISK 3,316

$9.63 ₾24.92

183.90%

Cappuccino

$6.73 ISK 816

$3.46 ₾8.95

94.51%

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

$3.35 ISK 406

$1.09 ₾2.82

207.34%

Water (0.33 liter bottle)

$3.02 ISK 367

$0.63 ₾1.62

379.37%

Local Beer (0.5 liter draught)

$13.78 ISK 1,671

$2.77 ₾7.17

397.47%

Imported Beer (0.33 liter bottle)

$12.34 ISK 1,496

$3.10 ₾8.04

298.06%

Milk (1 liter)

$2.11 ISK 255

$2.25 ₾5.81

-6.22%

White Bread (500g)

$4.31 ISK 523

$0.80 ₾2.07

438.75%

Rice (white) (1kg)

$3.60 ISK 437

$1.76 ₾4.55

104.55%

Eggs

$7.15 ISK 867

$2.75 ₾7.11

160.00%

Local Cheese (1kg)

$21.52 ISK 2,610

$9.39 ₾24.32

129.18%

Chicken Fillets (1kg)

$24.59 ISK 2,983

$6.66 ₾17.23

269.22%

Beef Round Steak (1kg)

$41.30 ISK 5,010

$12.92 ₾33.45

219.66%

Apples (1kg)

$3.23 ISK 392

$1.67 ₾4.31

93.41%

Banana (1kg)

$2.88 ISK 349

$1.80 ₾4.65

60.00%

Oranges (1kg)

$3.27 ISK 396

$1.92 ₾4.97

70.31%

Tomato (1kg)

$6.39 ISK 776

$2.41 ₾6.24

165.15%

Potato (1kg)

$3.96 ISK 480

$0.86 ₾2.23

360.47%

Onion (1kg)

$1.68 ISK 204

$0.69 ₾1.80

143.48%

Lettuce (1 head)

$3.67 ISK 445

$1.40 ₾3.62

162.14%

Water (1.5 liter bottle)

$1.83 ISK 222

$0.71 ₾1.85

157.75%

Cigarettes 20 Pack (Marlboro, Camel)

$13.67 ISK 1,658

$3.51 ₾9.08

289.46%

Wine (Bottle)

$23.72 ISK 2,877

$7.61 ₾19.69

211.70%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.63 ₾4.21

116.56%

Imported Beer (0.33 liter bottle)

$3.48 ISK 423

$2.31 ₾5.98

50.65%

One-way Ticket (Public Transport)

$0.37 ₾0.96

Public Transport Monthly Pass (Regular Price)

$15.67 ₾40.57

Taxi Start (Normal Tariff)

$6.67 ISK 809

$1.14 ₾2.95

485.09%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.79 ₾2.05

267.09%

Taxi 1hour Waiting (Normal Tariff)

$81.7 ISK 9,913

$11.86 ₾30.70

589.12%

Gasoline (1 liter)

$2.02 ISK 245

$1.40 ₾3.62

44.29%

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

$51.5K ISK 6.2M

$24.8K ₾64.2K

107.79%

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

$52.9K ISK 6.4M

$21.9K ₾56.6K

142.17%

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

$97.1 ISK 11.8K

$89.1 ₾231

8.93%

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

$32.85 ISK 3,985

$13.21 ₾34.19

148.68%

Internet (50+ Mbps, Unlimited Data)

$85.2 ISK 10.3K

$19.76 ₾51.1

330.97%

Gym Membership (Monthly)

$64.9 ₾168

Tennis Court (1 Hour on Weekend)

$19.02 ₾49.24

Cinema Ticket

$19.40 ISK 2,353

$6.57 ₾17.02

195.28%

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

$1,191 ISK 144.4K

$377 ₾975

216.05%

International Primary School, 1 Child (Yearly)

$25.8K ISK 3.1M

$10.8K ₾27.9K

138.81%

Jeans (Levis 501 Or Similar)

$147 ISK 17.8K

$102 ₾265

43.55%

Summer Dress (H&M, Zara, etc)

$66.1 ISK 8,022

$39.70 ₾103

66.60%

Sport Shoes (Adidas, Nike)

$185 ISK 22.5K

$118 ₾305

57.41%

Men's Leather Business Shoes

$253 ISK 30.7K

$123 ₾320

104.93%

1-bedroom Apartment, City Center (Monthly)

$666 ₾1,724

1-bedroom Apartment, Outside City Center (Monthly)

$449 ₾1,163

3-bedroom Apartment, City Center (Monthly)

$1,284 ₾3,324

3-bedroom Apartment, Outside City Center (Monthly)

$890 ₾2,303

Buy Apartment in City Center (m2)

$2,425 ₾6,276

Buy Apartment Outside City Center (m2)

$1,121 ISK 135.9K

$1,380 ₾3,573

-18.80%

Average Monthly Net Salary (After Tax)

$680 ₾1,760

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

12.62

-30.19%

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

Last update for Grundarfjordur: October 10, 2026

Last update for Tbilisi: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Grundarfjordur

$621 36.1%

Tbilisi

$234 18.5% 62.4% $387

Eating Out

Grundarfjordur

$533 31%

Tbilisi

$188 14.9% 64.7% $345

Clothing & Footwear

Grundarfjordur

$293 17%

Tbilisi

$172 13.6% 41.2% $121

Monthly Utilities & Internet

Grundarfjordur

$215 12.5%

Tbilisi

$122 9.7% 43.2% $93

Sport & Entertainment

Grundarfjordur

$39 * 2.3%

Tbilisi

$78 6.2% 101% $39

Getting Around

Grundarfjordur

$21 * 1.2%

Tbilisi

$22 1.8% 5.1% $1.1

Accommodation & Living

Grundarfjordur

- * 0%

Tbilisi

$449 35.5%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Dining out: $123 in Grundarfjordur vs $39.00 in Tbilisi for a mid-range dinner for two. Groceries echo the gap at $621 vs $234 per month, with Tbilisi cheaper across the board.

Good to know

🇮🇸 Grundarfjordur

🇬🇪 Tbilisi

🕒 Local time

18:07 6:07 PM

22:07 10:07 PM

4 h ahead of Grundarfjordur

🌤 Weather

👥 Population

800

1,241,700 Capital

💱 Currency

Icelandic Króna ISK kr

Georgian Lari GEL ₾

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.35 EUR

1 GEL = 0.386 USD

1 GEL = 0.344 EUR

Exchange rates and currency converter

GEL, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 16, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

Georgian Lari exchange rates as of October 16, 2026: 1 USD = 2.59 GEL (1 GEL = 0.386 USD). 1 EUR = 2.9 GEL (1 GEL = 0.344 EUR).

USD to ISK in detail →

On the map

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Between locations

Grundarfjordur Tbilisi 4,880 km ≈ 7 h nonstop flight

From you

Grundarfjordur
Tbilisi

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

Grundarfjordur vs Tbilisi: Cost of Living - Frequently Asked Questions

Tbilisi wins on cost – living expenses run 36% lower than in Grundarfjordur. Housing and daily spending are where you'll feel the difference most, making Tbilisi the obvious pick if budget is a priority.

You'd need roughly $2,584 in Grundarfjordur and $1,899 in Tbilisi to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 166% higher in Grundarfjordur. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,722 per month in Grundarfjordur versus $1,266 in Tbilisi – a 36% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,266 in Tbilisi versus $1,722 in Grundarfjordur, a $2,000 budget is realistic in Tbilisi but tight or insufficient in Grundarfjordur. The gap between the two cities makes Tbilisi the clear choice for anyone on this budget.

Both work as nomad bases, but Tbilisi delivers better value – similar infrastructure at $1,266 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Tbilisi hard to pass up.

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

Expats usually find Tbilisi gentler on the wallet – expenses run 36% less than in Grundarfjordur. Beyond cost, consider language, visa policies, and how big the international community is in each city.