Cost of Living Comparison Between Hafnarfjordur and Reykjavik Cost of Living Comparison Between Hafnarfjordur and Reykjavik

🙂 Solo nomad: Hafnarfjordur is 10.8% cheaper than Reykjavik without rent, and 1.9% cheaper with rent.

🙂 Family of 3: Hafnarfjordur is 4.2% cheaper than Reykjavik without rent, and 3.9% cheaper with rent.

Meal at Budget Restaurant

$27.05 ISK 3,407

$26.70 ISK 3,364

1.31%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

$145 ISK 18.2K

-0.61%

Fast Food Meal (McDonalds, etc)

$16.33 ISK 2,057

$22.39 ISK 2,820

-27.07%

Cappuccino

$6.19 ISK 780

$6.06 ISK 764

2.15%

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

$3.30 ISK 416

$3.28 ISK 414

0.61%

Water (0.33 liter bottle)

$2.52 ISK 317

$2.62 ISK 330

-3.82%

Local Beer (0.5 liter draught)

$12.82 ISK 1,615

$13.02 ISK 1,640

-1.54%

Imported Beer (0.33 liter bottle)

$11.18 ISK 1,409

$11.28 ISK 1,421

-0.89%

Milk (1 liter)

$1.64 ISK 207

$1.87 ISK 235

-12.30%

White Bread (500g)

$4.25 ISK 536

$4.32 ISK 544

-1.62%

Rice (white) (1kg)

$3.61 ISK 455

$3.71 ISK 468

-2.70%

Eggs

$6.53 ISK 822

$6.52 ISK 821

0.15%

Local Cheese (1kg)

$18.48 ISK 2,328

$18.16 ISK 2,288

1.76%

Chicken Fillets (1kg)

$24.11 ISK 3,038

$23.83 ISK 3,002

1.17%

Beef Round Steak (1kg)

$42.19 ISK 5,315

$42.83 ISK 5,395

-1.49%

Apples (1kg)

$3.24 ISK 408

$3.37 ISK 424

-3.86%

Banana (1kg)

$2.46 ISK 310

$2.50 ISK 315

-1.60%

Oranges (1kg)

$2.99 ISK 377

$3.03 ISK 382

-1.32%

Tomato (1kg)

$5.09 ISK 641

$4.98 ISK 627

2.21%

Potato (1kg)

$3.57 ISK 449

$3.66 ISK 461

-2.46%

Onion (1kg)

$2.33 ISK 293

$2.40 ISK 302

-2.92%

Lettuce (1 head)

$3.10 ISK 390

$3.06 ISK 386

1.31%

Water (1.5 liter bottle)

$2.03 ISK 255

$2.01 ISK 253

1.00%

Cigarettes 20 Pack (Marlboro, Camel)

$13.49 ISK 1,699

$13.82 ISK 1,741

-2.39%

Wine (Bottle)

$24.10 ISK 3,036

$23.58 ISK 2,971

2.21%

Local Beer (0.5 liter bottle)

$3.62 ISK 456

$3.55 ISK 447

1.97%

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

$3.24 ISK 408

-0.31%

One-way Ticket (Public Transport)

$5.17 ISK 652

$5.19 ISK 654

-0.39%

Public Transport Monthly Pass (Regular Price)

$83.4 ISK 10.5K

$87.7 ISK 11.0K

-4.82%

Taxi Start (Normal Tariff)

$6.17 ISK 777

$6.18 ISK 778

-0.16%

Taxi (Normal Tariff) (1km)

$2.64 ISK 332

$2.64 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.9K

$87.3 ISK 11.0K

-0.91%

Gasoline (1 liter)

$2.48 ISK 313

$2.56 ISK 322

-3.13%

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

$46.5K ISK 5.9M

$48.0K ISK 6.0M

-3.14%

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

$52.8K ISK 6.7M

$52.5K ISK 6.6M

0.71%

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

$67.5 ISK 8,507

$88.6 ISK 11.2K

-23.82%

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

$27.42 ISK 3,454

$27.96 ISK 3,522

-1.93%

Internet (50+ Mbps, Unlimited Data)

$85.3 ISK 10.7K

$84.7 ISK 10.7K

0.69%

Gym Membership (Monthly)

$63.7 ISK 8,026

$81.7 ISK 10.3K

-21.99%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

Cinema Ticket

$16.37 ISK 2,063

$17.53 ISK 2,208

-6.62%

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

$316 ISK 39.8K

$316 ISK 39.7K

0.25%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$30.1K ISK 3.8M

-1.16%

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

$140 ISK 17.6K

-14.07%

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,784

$62.4 ISK 7,863

-1.01%

Sport Shoes (Adidas, Nike)

$122 ISK 15.3K

$182 ISK 22.9K

-33.20%

Men's Leather Business Shoes

$265 ISK 33.4K

$264 ISK 33.2K

0.66%

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 299.0K

$2,225 ISK 280.3K

6.65%

1-bedroom Apartment, Outside City Center (Monthly)

$2,041 ISK 257.1K

$2,047 ISK 257.9K

-0.32%

3-bedroom Apartment, City Center (Monthly)

$3,241 ISK 408.3K

$3,154 ISK 397.3K

2.77%

3-bedroom Apartment, Outside City Center (Monthly)

$2,555 ISK 321.8K

$2,691 ISK 339.0K

-5.06%

Buy Apartment in City Center (m2)

$6,838 ISK 861.3K

$7,541 ISK 949.9K

-9.32%

Buy Apartment Outside City Center (m2)

$6,703 ISK 844.4K

$6,257 ISK 788.1K

7.13%

Average Monthly Net Salary (After Tax)

$4,521 ISK 569.5K

$4,489 ISK 565.5K

0.70%

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 Hafnarfjordur: January 11, 2026

Last update for Reykjavik: January 10, 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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