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

Meal at Budget Restaurant

$27.43 ISK 3,418

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.7K

Fast Food Meal (McDonalds, etc)

$22.54 ISK 2,809

Cappuccino

$6.05 ISK 754

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

$3.22 ISK 402

Water (0.33 liter bottle)

$2.52 ISK 314

Local Beer (0.5 liter draught)

$12.93 ISK 1,611

Imported Beer (0.33 liter bottle)

$11.39 ISK 1,420

Milk (1 liter)

$1.89 ISK 235

White Bread (500g)

$4.19 ISK 522

Rice (white) (1kg)

$3.54 ISK 441

Eggs

$6.31 ISK 786

Local Cheese (1kg)

$18.00 ISK 2,243

Chicken Fillets (1kg)

$24.46 ISK 3,048

Beef Round Steak (1kg)

$41.94 ISK 5,226

Apples (1kg)

$3.33 ISK 415

Banana (1kg)

$2.40 ISK 300

Oranges (1kg)

$3.03 ISK 377

Tomato (1kg)

$5.13 ISK 639

Potato (1kg)

$3.66 ISK 455

Onion (1kg)

$2.42 ISK 302

Lettuce (1 head)

$3.17 ISK 394

Water (1.5 liter bottle)

$1.93 ISK 241

Cigarettes 20 Pack (Marlboro, Camel)

$13.76 ISK 1,714

Wine (Bottle)

$22.67 ISK 2,825

Local Beer (0.5 liter bottle)

$3.75 ISK 467

Imported Beer (0.33 liter bottle)

$3.26 ISK 406

One-way Ticket (Public Transport)

$5.30 ISK 661

Public Transport Monthly Pass (Regular Price)

$88.2 ISK 11.0K

Taxi Start (Normal Tariff)

$6.51 ISK 811

Taxi (Normal Tariff) (1km)

$2.57 ISK 321

Taxi 1hour Waiting (Normal Tariff)

$86.4 ISK 10.8K

Gasoline (1 liter)

$2.46 ISK 306

$2.52 ISK 314

-2.38%

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

$47.7K ISK 5.9M

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

$51.8K ISK 6.5M

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

$87.1 ISK 10.9K

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

$27.13 ISK 3,380

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.6K

Gym Membership (Monthly)

$84.0 ISK 10.5K

Tennis Court (1 Hour on Weekend)

$38.12 ISK 4,750

Cinema Ticket

$17.35 ISK 2,162

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

$319 ISK 39.8K

International Primary School, 1 Child (Yearly)

$30.7K ISK 3.8M

Jeans (Levis 501 Or Similar)

$138 ISK 17.1K

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,821

Sport Shoes (Adidas, Nike)

$182 ISK 22.7K

Men's Leather Business Shoes

$269 ISK 33.5K

1-bedroom Apartment, City Center (Monthly)

$2,254 ISK 280.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,008 ISK 250.2K

3-bedroom Apartment, City Center (Monthly)

$3,231 ISK 402.6K

3-bedroom Apartment, Outside City Center (Monthly)

$2,756 ISK 343.4K

Buy Apartment in City Center (m2)

$7,955 ISK 991.2K

Buy Apartment Outside City Center (m2)

$6,156 ISK 767.1K

Average Monthly Net Salary (After Tax)

$4,499 ISK 560.5K

$4,438 ISK 553.0K

1.35%

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 Husavik: July 13, 2026

Last update for Reykjavik: July 11, 2026

Cost Breakdown

Husavik pays 1% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

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

Average pay runs 1% higher in Husavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

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.