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

😐 Solo nomad: Hafnarfjordur is 4% more expensive than Reykjavik without rent, and 2.7% cheaper with rent.

🙂 Family of 3: Hafnarfjordur is 4.3% cheaper than Reykjavik without rent, and 4% cheaper with rent.

Meal at Budget Restaurant

$27.08 ISK 3,389

$27.22 ISK 3,406

-0.51%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$145 ISK 18.1K

0.62%

Fast Food Meal (McDonalds, etc)

$16.50 ISK 2,065

$22.41 ISK 2,804

-26.37%

Cappuccino

$6.20 ISK 775

$5.94 ISK 744

4.38%

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

$3.36 ISK 421

$3.26 ISK 408

3.07%

Water (0.33 liter bottle)

$2.64 ISK 330

$2.54 ISK 318

3.94%

Local Beer (0.5 liter draught)

$12.84 ISK 1,606

$12.83 ISK 1,606

0.08%

Imported Beer (0.33 liter bottle)

$11.42 ISK 1,429

$11.46 ISK 1,434

-0.35%

Milk (1 liter)

$1.69 ISK 211

$1.88 ISK 236

-10.11%

White Bread (500g)

$4.36 ISK 545

$4.33 ISK 542

0.69%

Rice (white) (1kg)

$3.56 ISK 445

$3.57 ISK 447

-0.28%

Eggs

$6.41 ISK 802

$6.56 ISK 821

-2.29%

Local Cheese (1kg)

$17.79 ISK 2,226

$18.18 ISK 2,275

-2.15%

Chicken Fillets (1kg)

$24.17 ISK 3,025

$24.52 ISK 3,069

-1.43%

Beef Round Steak (1kg)

$42.16 ISK 5,276

$42.03 ISK 5,260

0.31%

Apples (1kg)

$3.23 ISK 404

$3.20 ISK 400

0.94%

Banana (1kg)

$2.36 ISK 295

$2.42 ISK 303

-2.48%

Oranges (1kg)

$3.02 ISK 378

$3.06 ISK 383

-1.31%

Tomato (1kg)

$4.92 ISK 615

$4.86 ISK 609

1.23%

Potato (1kg)

$3.59 ISK 449

$3.66 ISK 458

-1.91%

Onion (1kg)

$2.45 ISK 306

$2.34 ISK 293

4.70%

Lettuce (1 head)

$3.16 ISK 396

$3.14 ISK 393

0.64%

Water (1.5 liter bottle)

$1.99 ISK 249

$2.02 ISK 253

-1.49%

Cigarettes 20 Pack (Marlboro, Camel)

$13.78 ISK 1,724

$13.91 ISK 1,741

-0.93%

Wine (Bottle)

$24.14 ISK 3,020

$23.74 ISK 2,971

1.68%

Local Beer (0.5 liter bottle)

$3.58 ISK 448

$3.69 ISK 462

-2.98%

Imported Beer (0.33 liter bottle)

$3.25 ISK 407

$3.23 ISK 404

0.62%

One-way Ticket (Public Transport)

$4.94 ISK 618

$5.29 ISK 662

-6.62%

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.5K

$88.2 ISK 11.0K

-4.56%

Taxi Start (Normal Tariff)

$6.17 ISK 772

$6.54 ISK 818

-5.66%

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

$2.60 ISK 326

1.92%

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.6K

$85.8 ISK 10.7K

-1.18%

Gasoline (1 liter)

$2.44 ISK 305

$2.51 ISK 315

-2.79%

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

$47.2K ISK 5.9M

$47.1K ISK 5.9M

0.23%

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

$53.1K ISK 6.6M

$52.6K ISK 6.6M

1.01%

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

$68.3 ISK 8,552

$89.2 ISK 11.2K

-23.35%

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

$27.37 ISK 3,425

$27.07 ISK 3,387

1.11%

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.9K

$84.2 ISK 10.5K

3.03%

Gym Membership (Monthly)

$64.5 ISK 8,074

$84.0 ISK 10.5K

-23.15%

Tennis Court (1 Hour on Weekend)

$38.09 ISK 4,766

Cinema Ticket

$16.42 ISK 2,054

$17.42 ISK 2,180

-5.74%

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

$325 ISK 40.7K

$324 ISK 40.5K

0.48%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

$30.5K ISK 3.8M

-0.48%

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

$141 ISK 17.7K

-14.77%

Summer Dress (H&M, Zara, etc)

$62.1 ISK 7,770

$62.6 ISK 7,837

-0.86%

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

$183 ISK 22.9K

-34.54%

Men's Leather Business Shoes

$262 ISK 32.8K

$268 ISK 33.5K

-2.26%

1-bedroom Apartment, City Center (Monthly)

$2,438 ISK 305.1K

$2,197 ISK 274.9K

11.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,980 ISK 247.8K

$2,053 ISK 256.9K

-3.55%

3-bedroom Apartment, City Center (Monthly)

$3,271 ISK 409.3K

$3,159 ISK 395.3K

3.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,522 ISK 315.6K

$2,728 ISK 341.4K

-7.56%

Buy Apartment in City Center (m2)

$7,005 ISK 876.6K

$7,833 ISK 980.2K

-10.57%

Buy Apartment Outside City Center (m2)

$7,010 ISK 877.3K

$6,268 ISK 784.4K

11.84%

Average Monthly Net Salary (After Tax)

$4,758 ISK 595.4K

$4,471 ISK 559.5K

6.41%

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: March 2, 2026

Last update for Reykjavik: 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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