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

😐 Solo nomad: Hafnarfjordur is 81.8% more expensive than Akureyri without rent, and 27.1% more expensive with rent.

😐 Family of 3: Hafnarfjordur is 57.1% more expensive than Akureyri without rent, and 42.3% more expensive with rent.

Meal at Budget Restaurant

$27.08 ISK 3,389

$24.36 ISK 3,049

11.17%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$129 ISK 16.1K

13.26%

Fast Food Meal (McDonalds, etc)

$16.50 ISK 2,065

$22.26 ISK 2,786

-25.88%

Cappuccino

$6.20 ISK 775

$4.94 ISK 618

25.51%

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

$3.36 ISK 421

$3.40 ISK 426

-1.18%

Water (0.33 liter bottle)

$2.64 ISK 330

$2.94 ISK 368

-10.20%

Local Beer (0.5 liter draught)

$12.84 ISK 1,606

$10.83 ISK 1,355

18.56%

Imported Beer (0.33 liter bottle)

$11.42 ISK 1,429

$9.15 ISK 1,145

24.81%

Milk (1 liter)

$1.69 ISK 211

$2.75 ISK 344

-38.55%

White Bread (500g)

$4.36 ISK 545

$2.26 ISK 282

92.92%

Rice (white) (1kg)

$3.56 ISK 445

$2.97 ISK 372

19.87%

Eggs

$6.41 ISK 802

$8.20 ISK 1,026

-21.83%

Local Cheese (1kg)

$17.79 ISK 2,226

Chicken Fillets (1kg)

$24.17 ISK 3,025

$23.90 ISK 2,991

1.13%

Beef Round Steak (1kg)

$42.16 ISK 5,276

Apples (1kg)

$3.23 ISK 404

Banana (1kg)

$2.36 ISK 295

Oranges (1kg)

$3.02 ISK 378

Tomato (1kg)

$4.92 ISK 615

Potato (1kg)

$3.59 ISK 449

Onion (1kg)

$2.45 ISK 306

Lettuce (1 head)

$3.16 ISK 396

Water (1.5 liter bottle)

$1.99 ISK 249

Cigarettes 20 Pack (Marlboro, Camel)

$13.78 ISK 1,724

$13.29 ISK 1,663

3.69%

Wine (Bottle)

$24.14 ISK 3,020

Local Beer (0.5 liter bottle)

$3.58 ISK 448

Imported Beer (0.33 liter bottle)

$3.25 ISK 407

One-way Ticket (Public Transport)

$4.94 ISK 618

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 772

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.6K

Gasoline (1 liter)

$2.44 ISK 305

$2.58 ISK 323

-5.43%

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

$47.2K ISK 5.9M

$39.8K ISK 5.0M

18.66%

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

$53.1K ISK 6.6M

$64.6K ISK 8.1M

-17.87%

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

$68.3 ISK 8,552

$120 ISK 15.0K

-43.11%

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

$27.37 ISK 3,425

$25.46 ISK 3,186

7.50%

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.9K

$160 ISK 20.0K

-45.82%

Gym Membership (Monthly)

$64.5 ISK 8,074

$82.2 ISK 10.3K

-21.54%

Cinema Ticket

$16.42 ISK 2,054

$14.83 ISK 1,856

10.72%

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

$325 ISK 40.7K

$355 ISK 44.4K

-8.27%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

$80.5 ISK 10.1K

49.72%

Summer Dress (H&M, Zara, etc)

$62.1 ISK 7,770

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

-0.05%

Men's Leather Business Shoes

$262 ISK 32.8K

1-bedroom Apartment, City Center (Monthly)

$2,438 ISK 305.1K

$1,742 ISK 217.9K

40.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,980 ISK 247.8K

$1,788 ISK 223.8K

10.75%

3-bedroom Apartment, City Center (Monthly)

$3,271 ISK 409.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,522 ISK 315.6K

$2,094 ISK 262.0K

20.44%

Buy Apartment in City Center (m2)

$7,005 ISK 876.6K

$6,470 ISK 809.7K

8.27%

Buy Apartment Outside City Center (m2)

$7,010 ISK 877.3K

$6,520 ISK 816.0K

7.51%

Average Monthly Net Salary (After Tax)

$4,758 ISK 595.4K

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: March 2, 2026

Last update for Akureyri: March 3, 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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