Cost of Living Comparison Between Husavik and Reykjavik Cost of Living Comparison Between Husavik and Reykjavik

Meal at Budget Restaurant

$30.43 ISK 3,672

Three-Course Dinner for Two, Mid-Range

$135 ISK 16.3K

Fast Food Meal (McDonalds, etc)

$26.74 ISK 3,226

Cappuccino

$7.01 ISK 846

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

$3.30 ISK 398

Water (0.33 liter bottle)

$3.17 ISK 383

Local Beer (0.5 liter draught)

$14.35 ISK 1,731

Imported Beer (0.33 liter bottle)

$12.34 ISK 1,489

Milk (1 liter)

$2.07 ISK 250

White Bread (500g)

$4.32 ISK 521

Rice (white) (1kg)

$3.52 ISK 425

Eggs

$7.12 ISK 859

Local Cheese (1kg)

$21.59 ISK 2,605

Chicken Fillets (1kg)

$25.15 ISK 3,035

Beef Round Steak (1kg)

$42.98 ISK 5,186

Apples (1kg)

$3.53 ISK 425

Banana (1kg)

$2.87 ISK 346

Oranges (1kg)

$3.31 ISK 399

Tomato (1kg)

$6.45 ISK 778

Potato (1kg)

$3.98 ISK 480

Onion (1kg)

$1.71 ISK 206

Lettuce (1 head)

$3.68 ISK 443

Water (1.5 liter bottle)

$1.84 ISK 222

Cigarettes 20 Pack (Marlboro, Camel)

$13.99 ISK 1,688

Wine (Bottle)

$23.89 ISK 2,882

Local Beer (0.5 liter bottle)

$3.88 ISK 468

Imported Beer (0.33 liter bottle)

$3.54 ISK 427

One-way Ticket (Public Transport)

$5.86 ISK 706

Public Transport Monthly Pass (Regular Price)

$96.2 ISK 11.6K

Taxi Start (Normal Tariff)

$6.70 ISK 808

Taxi (Normal Tariff) (1km)

$2.91 ISK 351

Taxi 1hour Waiting (Normal Tariff)

$75.8 ISK 9,144

Gasoline (1 liter)

$2.53 ISK 305

$2.05 ISK 247

23.41%

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

$51.5K ISK 6.2M

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

$53.8K ISK 6.5M

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

$88.2 ISK 10.6K

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

$33.57 ISK 4,050

Internet (50+ Mbps, Unlimited Data)

$86.2 ISK 10.4K

Gym Membership (Monthly)

$96.5 ISK 11.6K

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,046

Cinema Ticket

$20.01 ISK 2,414

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

$1,172 ISK 141.4K

International Primary School, 1 Child (Yearly)

$31.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$159 ISK 19.2K

Summer Dress (H&M, Zara, etc)

$67.8 ISK 8,178

Sport Shoes (Adidas, Nike)

$178 ISK 21.5K

Men's Leather Business Shoes

$252 ISK 30.4K

1-bedroom Apartment, City Center (Monthly)

$2,489 ISK 300.3K

1-bedroom Apartment, Outside City Center (Monthly)

$2,096 ISK 252.9K

3-bedroom Apartment, City Center (Monthly)

$3,429 ISK 413.7K

3-bedroom Apartment, Outside City Center (Monthly)

$2,761 ISK 333.1K

Buy Apartment in City Center (m2)

$8,179 ISK 986.8K

Buy Apartment Outside City Center (m2)

$6,507 ISK 785.1K

Average Monthly Net Salary (After Tax)

$4,603 ISK 555.3K

$4,761 ISK 574.5K

-3.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

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

Last update for Husavik: September 7, 2026

Last update for Reykjavik: September 6, 2026

Cost Breakdown

Reykjavik pays 3% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

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

Husavik vs Reykjavik: Cost of Living - Frequently Asked Questions

On paper, salaries run 3% lower in Reykjavik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

For families, Husavik is more practical. Housing and childcare are both notably cheaper than in Reykjavik, and the savings on those two alone free up budget for education, activities, and family trips.

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

It comes down to priorities – Husavik wins on affordability, Reykjavik on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.