Cost of Living Comparison Between Hafnarfjordur and Akureyri Cost of Living Comparison Between Hafnarfjordur and Akureyri

😐 Solo nomad: Hafnarfjordur is 42.1% more expensive than Akureyri without rent, and 30.3% more expensive with rent.

😐 Family of 3: Hafnarfjordur is 76.5% more expensive than Akureyri without rent, and 43.2% more expensive with rent.

Meal at Budget Restaurant

$27.05 ISK 3,407

$23.74 ISK 2,990

13.94%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

$131 ISK 16.5K

10.07%

Fast Food Meal (McDonalds, etc)

$16.33 ISK 2,057

$22.36 ISK 2,816

-26.97%

Cappuccino

$6.19 ISK 780

$4.82 ISK 607

28.42%

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

$3.30 ISK 415

$3.44 ISK 434

-4.07%

Water (0.33 liter bottle)

$2.52 ISK 317

$3.05 ISK 385

-17.38%

Local Beer (0.5 liter draught)

$12.82 ISK 1,615

$11.05 ISK 1,391

16.02%

Imported Beer (0.33 liter bottle)

$11.18 ISK 1,409

$9.27 ISK 1,168

20.60%

Milk (1 liter)

$1.64 ISK 207

$2.73 ISK 344

-39.93%

White Bread (500g)

$4.25 ISK 536

$2.23 ISK 281

90.58%

Rice (white) (1kg)

$3.61 ISK 455

$3.06 ISK 386

17.97%

Eggs

$6.53 ISK 822

$8.24 ISK 1,038

-20.75%

Local Cheese (1kg)

$18.48 ISK 2,328

Chicken Fillets (1kg)

$24.11 ISK 3,037

$24.39 ISK 3,072

-1.15%

Beef Round Steak (1kg)

$42.19 ISK 5,315

Apples (1kg)

$3.24 ISK 408

Banana (1kg)

$2.46 ISK 310

Oranges (1kg)

$2.99 ISK 377

Tomato (1kg)

$5.09 ISK 641

Potato (1kg)

$3.57 ISK 449

Onion (1kg)

$2.33 ISK 293

Lettuce (1 head)

$3.10 ISK 390

Water (1.5 liter bottle)

$2.03 ISK 255

Cigarettes 20 Pack (Marlboro, Camel)

$13.49 ISK 1,699

$13.34 ISK 1,680

1.12%

Wine (Bottle)

$24.10 ISK 3,036

Local Beer (0.5 liter bottle)

$3.62 ISK 456

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

One-way Ticket (Public Transport)

$5.17 ISK 652

Public Transport Monthly Pass (Regular Price)

$83.4 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 777

Taxi (Normal Tariff) (1km)

$2.64 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.9K

Gasoline (1 liter)

$2.48 ISK 313

$2.45 ISK 308

1.22%

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

$46.5K ISK 5.9M

$39.6K ISK 5.0M

17.25%

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

$52.8K ISK 6.7M

$63.2K ISK 8.0M

-16.41%

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

$67.5 ISK 8,507

$120 ISK 15.1K

-43.73%

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

$27.42 ISK 3,453

$25.23 ISK 3,177

8.68%

Internet (50+ Mbps, Unlimited Data)

$85.3 ISK 10.7K

$162 ISK 20.3K

-47.23%

Gym Membership (Monthly)

$63.7 ISK 8,025

$82.8 ISK 10.4K

-23.02%

Cinema Ticket

$16.37 ISK 2,062

$15.34 ISK 1,932

6.71%

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

$316 ISK 39.8K

$355 ISK 44.7K

-10.83%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

$81.7 ISK 10.3K

46.79%

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,784

Sport Shoes (Adidas, Nike)

$122 ISK 15.3K

$122 ISK 15.4K

-0.65%

Men's Leather Business Shoes

$265 ISK 33.4K

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 298.9K

$1,740 ISK 219.1K

36.42%

1-bedroom Apartment, Outside City Center (Monthly)

$2,041 ISK 257.1K

$1,753 ISK 220.8K

16.43%

3-bedroom Apartment, City Center (Monthly)

$3,241 ISK 408.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,555 ISK 321.8K

$2,121 ISK 267.1K

20.47%

Buy Apartment in City Center (m2)

$6,838 ISK 861.3K

$6,473 ISK 815.3K

5.64%

Buy Apartment Outside City Center (m2)

$6,703 ISK 844.3K

$6,305 ISK 794.2K

6.31%

Average Monthly Net Salary (After Tax)

$4,521 ISK 569.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

9.4

2.45%

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

Last update for Hafnarfjordur: January 11, 2026

Last update for Akureyri: January 12, 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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