Cost of Living Comparison Between Hverageroi and Reykjavik Cost of Living Comparison Between Hverageroi and Reykjavik

🙂 Solo nomad: Hverageroi is 17.7% cheaper than Reykjavik without rent, and 57.7% cheaper with rent.

🙂 Family of 3: Hverageroi is 17.7% cheaper than Reykjavik without rent, and 44.7% cheaper with rent.

Meal at Budget Restaurant

$27.43 ISK 3,432

$27.22 ISK 3,406

0.77%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.0K

$145 ISK 18.1K

-0.36%

Fast Food Meal (McDonalds, etc)

$22.41 ISK 2,804

Cappuccino

$5.98 ISK 748

$5.94 ISK 744

0.67%

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

$3.39 ISK 425

$3.26 ISK 408

3.99%

Water (0.33 liter bottle)

$2.61 ISK 326

$2.54 ISK 318

2.76%

Local Beer (0.5 liter draught)

$12.82 ISK 1,604

$12.83 ISK 1,606

-0.08%

Imported Beer (0.33 liter bottle)

$11.35 ISK 1,421

$11.46 ISK 1,434

-0.96%

Milk (1 liter)

$1.88 ISK 235

$1.88 ISK 236

White Bread (500g)

$4.15 ISK 519

$4.33 ISK 542

-4.16%

Rice (white) (1kg)

$3.62 ISK 453

$3.57 ISK 447

1.40%

Eggs

$6.46 ISK 808

$6.56 ISK 821

-1.52%

Local Cheese (1kg)

$18.28 ISK 2,287

$18.18 ISK 2,275

0.55%

Chicken Fillets (1kg)

$23.66 ISK 2,960

$24.52 ISK 3,068

-3.51%

Beef Round Steak (1kg)

$42.05 ISK 5,262

$42.03 ISK 5,260

0.05%

Apples (1kg)

$3.22 ISK 403

$3.20 ISK 400

0.63%

Banana (1kg)

$2.44 ISK 306

$2.42 ISK 303

0.83%

Oranges (1kg)

$2.97 ISK 372

$3.06 ISK 383

-2.94%

Tomato (1kg)

$5.09 ISK 637

$4.86 ISK 609

4.73%

Potato (1kg)

$3.56 ISK 446

$3.66 ISK 458

-2.73%

Onion (1kg)

$2.32 ISK 291

$2.34 ISK 293

-0.85%

Lettuce (1 head)

$3.03 ISK 379

$3.14 ISK 393

-3.50%

Water (1.5 liter bottle)

$1.94 ISK 243

$2.02 ISK 253

-3.96%

Cigarettes 20 Pack (Marlboro, Camel)

$13.72 ISK 1,717

$13.91 ISK 1,741

-1.37%

Wine (Bottle)

$24.30 ISK 3,040

$23.74 ISK 2,971

2.36%

Local Beer (0.5 liter bottle)

$3.76 ISK 470

$3.69 ISK 462

1.90%

Imported Beer (0.33 liter bottle)

$3.25 ISK 406

$3.23 ISK 404

0.62%

One-way Ticket (Public Transport)

$5.29 ISK 662

Public Transport Monthly Pass (Regular Price)

$88.2 ISK 11.0K

Taxi Start (Normal Tariff)

$6.22 ISK 778

$6.54 ISK 818

-4.89%

Taxi (Normal Tariff) (1km)

$2.66 ISK 333

$2.60 ISK 326

2.31%

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.6K

$85.8 ISK 10.7K

-1.63%

Gasoline (1 liter)

$2.47 ISK 310

$2.51 ISK 315

-1.59%

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

$47.1K ISK 5.9M

-0.12%

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

$51.6K ISK 6.5M

$52.6K ISK 6.6M

-1.83%

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

$86.9 ISK 10.9K

$89.2 ISK 11.2K

-2.50%

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

$26.97 ISK 3,374

$27.07 ISK 3,387

-0.37%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.5K

0.08%

Gym Membership (Monthly)

$84.0 ISK 10.5K

Tennis Court (1 Hour on Weekend)

$38.09 ISK 4,766

Cinema Ticket

$17.69 ISK 2,214

$17.42 ISK 2,180

1.55%

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

$327 ISK 40.9K

$324 ISK 40.5K

0.98%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$30.5K ISK 3.8M

-2.13%

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

-0.29%

Summer Dress (H&M, Zara, etc)

$60.8 ISK 7,610

$62.6 ISK 7,836

-2.91%

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

$183 ISK 22.9K

0.10%

Men's Leather Business Shoes

$264 ISK 33.1K

$268 ISK 33.5K

-1.41%

1-bedroom Apartment, City Center (Monthly)

$2,197 ISK 274.9K

1-bedroom Apartment, Outside City Center (Monthly)

$2,053 ISK 256.9K

3-bedroom Apartment, City Center (Monthly)

$3,159 ISK 395.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,728 ISK 341.4K

Buy Apartment in City Center (m2)

$7,833 ISK 980.1K

Buy Apartment Outside City Center (m2)

$6,268 ISK 784.4K

Average Monthly Net Salary (After Tax)

$4,471 ISK 559.5K

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 Hverageroi: March 2, 2026

Last update for Reykjavik: 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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