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

😐 Solo nomad: Hverageroi is 26.5% more expensive than Akureyri without rent, and 44.1% cheaper with rent.

😐 Family of 3: Hverageroi is 58.8% more expensive than Akureyri without rent, and 15.4% cheaper with rent.

Meal at Budget Restaurant

$26.79 ISK 3,375

$23.74 ISK 2,990

12.85%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.4K

$131 ISK 16.5K

11.82%

Fast Food Meal (McDonalds, etc)

$22.77 ISK 2,868

$22.36 ISK 2,816

1.83%

Cappuccino

$6.04 ISK 761

$4.82 ISK 607

25.31%

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

$3.21 ISK 405

$3.44 ISK 434

-6.69%

Water (0.33 liter bottle)

$2.59 ISK 326

$3.05 ISK 385

-15.08%

Local Beer (0.5 liter draught)

$12.92 ISK 1,627

$11.05 ISK 1,391

16.92%

Imported Beer (0.33 liter bottle)

$11.10 ISK 1,398

$9.27 ISK 1,168

19.74%

Milk (1 liter)

$1.92 ISK 242

$2.73 ISK 344

-29.67%

White Bread (500g)

$4.31 ISK 543

$2.23 ISK 281

93.27%

Rice (white) (1kg)

$3.59 ISK 452

$3.06 ISK 386

17.32%

Eggs

$6.40 ISK 806

$8.24 ISK 1,038

-22.33%

Local Cheese (1kg)

$18.26 ISK 2,300

Chicken Fillets (1kg)

$24.32 ISK 3,064

$24.39 ISK 3,072

-0.29%

Beef Round Steak (1kg)

$42.40 ISK 5,341

Apples (1kg)

$3.22 ISK 406

Banana (1kg)

$2.43 ISK 306

Oranges (1kg)

$3.00 ISK 378

Tomato (1kg)

$5.04 ISK 635

Potato (1kg)

$3.65 ISK 460

Onion (1kg)

$2.43 ISK 306

Lettuce (1 head)

$3.02 ISK 380

Water (1.5 liter bottle)

$1.93 ISK 243

Cigarettes 20 Pack (Marlboro, Camel)

$13.92 ISK 1,753

$13.34 ISK 1,680

4.35%

Wine (Bottle)

$24.29 ISK 3,060

Local Beer (0.5 liter bottle)

$3.67 ISK 463

Imported Beer (0.33 liter bottle)

$3.33 ISK 419

Taxi Start (Normal Tariff)

$6.18 ISK 778

Taxi (Normal Tariff) (1km)

$2.63 ISK 331

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.48 ISK 312

$2.45 ISK 309

1.22%

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

$46.4K ISK 5.8M

$39.6K ISK 5.0M

17.09%

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

$52.0K ISK 6.6M

$63.2K ISK 8.0M

-17.68%

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

$86.2 ISK 10.9K

$120 ISK 15.1K

-28.19%

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

$27.97 ISK 3,524

$25.23 ISK 3,178

10.86%

Internet (50+ Mbps, Unlimited Data)

$83.6 ISK 10.5K

$162 ISK 20.3K

-48.22%

Gym Membership (Monthly)

$82.8 ISK 10.4K

Cinema Ticket

$17.84 ISK 2,247

$15.34 ISK 1,932

16.30%

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

$321 ISK 40.4K

$355 ISK 44.7K

-9.50%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

Jeans (Levis 501 Or Similar)

$138 ISK 17.4K

$81.7 ISK 10.3K

69.09%

Summer Dress (H&M, Zara, etc)

$62.2 ISK 7,835

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

$122 ISK 15.4K

49.44%

Men's Leather Business Shoes

$270 ISK 34.0K

1-bedroom Apartment, City Center (Monthly)

$1,740 ISK 219.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,753 ISK 220.8K

3-bedroom Apartment, Outside City Center (Monthly)

$2,121 ISK 267.1K

Buy Apartment in City Center (m2)

$6,473 ISK 815.3K

Buy Apartment Outside City Center (m2)

$6,305 ISK 794.3K

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: January 11, 2026

Last update for Akureyri: January 12, 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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