Cost of Living Comparison Between Hverageroi and Akureyri Cost of Living Comparison Between Hverageroi and Akureyri

😐 Solo nomad: Hverageroi is 89.2% more expensive than Akureyri without rent, and 44.1% cheaper with rent.

😐 Family of 3: Hverageroi is 71.3% more expensive than Akureyri without rent, and 15.8% cheaper with rent.

Meal at Budget Restaurant

$26.93 ISK 3,360

$24.23 ISK 3,023

11.14%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$126 ISK 15.8K

15.18%

Fast Food Meal (McDonalds, etc)

$22.74 ISK 2,837

$22 ISK 2,744

3.36%

Cappuccino

$6.07 ISK 758

$4.73 ISK 591

28.33%

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

$3.34 ISK 417

$3.43 ISK 428

-2.62%

Water (0.33 liter bottle)

$2.52 ISK 314

$3.04 ISK 380

-17.11%

Local Beer (0.5 liter draught)

$13.05 ISK 1,628

$10.74 ISK 1,339

21.51%

Imported Beer (0.33 liter bottle)

$11.24 ISK 1,402

$9.04 ISK 1,127

24.34%

Milk (1 liter)

$1.88 ISK 235

$2.84 ISK 354

-33.80%

White Bread (500g)

$4.15 ISK 518

$2.32 ISK 289

78.88%

Rice (white) (1kg)

$3.6 ISK 449

$3.03 ISK 377

18.81%

Eggs

$6.3 ISK 786

$8.18 ISK 1,021

-22.98%

Local Cheese (1kg)

$18.27 ISK 2,279

Chicken Fillets (1kg)

$24.45 ISK 3,050

$24.06 ISK 3,001

1.62%

Beef Round Steak (1kg)

$42.95 ISK 5,358

Apples (1kg)

$3.34 ISK 417

Banana (1kg)

$2.42 ISK 302

Oranges (1kg)

$3.03 ISK 378

Tomato (1kg)

$5.08 ISK 633

Potato (1kg)

$3.63 ISK 453

Onion (1kg)

$2.43 ISK 304

Lettuce (1 head)

$3.17 ISK 395

Water (1.5 liter bottle)

$1.93 ISK 241

Cigarettes 20 Pack (Marlboro, Camel)

$13.84 ISK 1,726

$13.68 ISK 1,706

1.17%

Wine (Bottle)

$24.19 ISK 3,018

Local Beer (0.5 liter bottle)

$3.64 ISK 454

Imported Beer (0.33 liter bottle)

$3.33 ISK 416

Taxi Start (Normal Tariff)

$6.41 ISK 800

Taxi (Normal Tariff) (1km)

$2.64 ISK 329

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.8K

Gasoline (1 liter)

$2.49 ISK 310

$2.51 ISK 313

-0.80%

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

$46.5K ISK 5.8M

$40.6K ISK 5.1M

14.65%

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

$53.2K ISK 6.6M

$64.7K ISK 8.1M

-17.84%

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

$86.2 ISK 10.8K

$123 ISK 15.3K

-29.65%

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

$27.22 ISK 3,395

$24.89 ISK 3,106

9.36%

Internet (50+ Mbps, Unlimited Data)

$87 ISK 10.9K

$162 ISK 20.2K

-46.27%

Gym Membership (Monthly)

$82.7 ISK 10.3K

Cinema Ticket

$17.85 ISK 2,227

$15.29 ISK 1,907

16.74%

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

$319 ISK 39.8K

$360 ISK 44.9K

-11.20%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.7M

Jeans (Levis 501 Or Similar)

$137 ISK 17.1K

$80.8 ISK 10.1K

69.17%

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,710

Sport Shoes (Adidas, Nike)

$184 ISK 23K

$119 ISK 14.8K

55.30%

Men's Leather Business Shoes

$265 ISK 33.1K

1-bedroom Apartment, City Center (Monthly)

$1,794 ISK 223.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,803 ISK 224.9K

3-bedroom Apartment, Outside City Center (Monthly)

$2,140 ISK 266.9K

Buy Apartment in City Center (m2)

$6,404 ISK 798.8K

Buy Apartment Outside City Center (m2)

$6,379 ISK 795.8K

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 Hverageroi: October 29, 2025

Last update for Akureyri: October 27, 2025

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