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

😐 Solo nomad: Hverageroi is 43.8% more expensive than Akureyri without rent, and 44.8% cheaper with rent.

😐 Family of 3: Hverageroi is 35.1% more expensive than Akureyri without rent, and 18.1% cheaper with rent.

Meal at Budget Restaurant

$27.43 ISK 3,433

$24.36 ISK 3,049

12.60%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.0K

$129 ISK 16.1K

12.16%

Fast Food Meal (McDonalds, etc)

$22.41 ISK 2,804

$22.26 ISK 2,786

0.67%

Cappuccino

$5.98 ISK 748

$4.94 ISK 618

21.05%

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

$3.39 ISK 425

$3.40 ISK 426

-0.29%

Water (0.33 liter bottle)

$2.61 ISK 326

$2.94 ISK 368

-11.22%

Local Beer (0.5 liter draught)

$12.82 ISK 1,604

$10.83 ISK 1,355

18.37%

Imported Beer (0.33 liter bottle)

$11.35 ISK 1,421

$9.15 ISK 1,145

24.04%

Milk (1 liter)

$1.88 ISK 235

$2.75 ISK 344

-31.64%

White Bread (500g)

$4.15 ISK 519

$2.26 ISK 282

83.63%

Rice (white) (1kg)

$3.62 ISK 453

$2.97 ISK 372

21.89%

Eggs

$6.46 ISK 808

$8.20 ISK 1,026

-21.22%

Local Cheese (1kg)

$18.28 ISK 2,287

Chicken Fillets (1kg)

$23.66 ISK 2,961

$23.90 ISK 2,991

-1.00%

Beef Round Steak (1kg)

$42.05 ISK 5,263

Apples (1kg)

$3.22 ISK 403

Banana (1kg)

$2.44 ISK 306

Oranges (1kg)

$2.97 ISK 372

Tomato (1kg)

$5.09 ISK 637

Potato (1kg)

$3.56 ISK 446

Onion (1kg)

$2.32 ISK 291

Lettuce (1 head)

$3.03 ISK 379

Water (1.5 liter bottle)

$1.94 ISK 243

Cigarettes 20 Pack (Marlboro, Camel)

$13.72 ISK 1,717

$13.29 ISK 1,663

3.24%

Wine (Bottle)

$24.30 ISK 3,040

Local Beer (0.5 liter bottle)

$3.76 ISK 470

Imported Beer (0.33 liter bottle)

$3.25 ISK 406

Taxi Start (Normal Tariff)

$6.22 ISK 778

Taxi (Normal Tariff) (1km)

$2.66 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.6K

Gasoline (1 liter)

$2.47 ISK 310

$2.58 ISK 323

-4.26%

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

$47.1K ISK 5.9M

$39.8K ISK 5.0M

18.24%

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

$51.6K ISK 6.5M

$64.6K ISK 8.1M

-20.19%

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

$86.9 ISK 10.9K

$120 ISK 15.0K

-27.63%

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

$26.97 ISK 3,375

$25.46 ISK 3,186

5.93%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.5K

$160 ISK 20.0K

-47.37%

Gym Membership (Monthly)

$82.2 ISK 10.3K

Cinema Ticket

$17.69 ISK 2,214

$14.83 ISK 1,856

19.29%

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

$327 ISK 40.9K

$355 ISK 44.4K

-7.81%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

$80.5 ISK 10.1K

75.16%

Summer Dress (H&M, Zara, etc)

$60.8 ISK 7,610

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

$120 ISK 15.0K

52.85%

Men's Leather Business Shoes

$264 ISK 33.1K

1-bedroom Apartment, City Center (Monthly)

$1,742 ISK 217.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,788 ISK 223.8K

3-bedroom Apartment, Outside City Center (Monthly)

$2,094 ISK 262.0K

Buy Apartment in City Center (m2)

$6,470 ISK 809.7K

Buy Apartment Outside City Center (m2)

$6,520 ISK 816.0K

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: March 2, 2026

Last update for Akureyri: 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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