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

😐 Solo nomad: Hverageroi is 1.1% more expensive than Reykjavik without rent, and 57.7% cheaper with rent.

🙂 Family of 3: Hverageroi is 8% cheaper than Reykjavik without rent, and 44.3% cheaper with rent.

Meal at Budget Restaurant

$26.93 ISK 3,360

$26.9 ISK 3,355

0.11%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$146 ISK 18.3K

-0.46%

Fast Food Meal (McDonalds, etc)

$22.74 ISK 2,837

$22.18 ISK 2,767

2.52%

Cappuccino

$6.07 ISK 758

$6.08 ISK 758

-0.16%

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

$3.34 ISK 417

$3.4 ISK 424

-1.76%

Water (0.33 liter bottle)

$2.52 ISK 314

$2.5 ISK 312

0.80%

Local Beer (0.5 liter draught)

$13.05 ISK 1,628

$12.96 ISK 1,617

0.69%

Imported Beer (0.33 liter bottle)

$11.24 ISK 1,402

$11.05 ISK 1,379

1.72%

Milk (1 liter)

$1.88 ISK 235

$1.88 ISK 234

White Bread (500g)

$4.15 ISK 518

$4.26 ISK 531

-2.58%

Rice (white) (1kg)

$3.6 ISK 449

$3.67 ISK 458

-1.91%

Eggs

$6.3 ISK 786

$6.51 ISK 813

-3.23%

Local Cheese (1kg)

$18.27 ISK 2,279

$17.83 ISK 2,224

2.47%

Chicken Fillets (1kg)

$24.45 ISK 3,050

$24.1 ISK 3,006

1.45%

Beef Round Steak (1kg)

$42.95 ISK 5,358

$43.22 ISK 5,391

-0.62%

Apples (1kg)

$3.34 ISK 417

$3.19 ISK 397

4.70%

Banana (1kg)

$2.42 ISK 302

$2.54 ISK 317

-4.72%

Oranges (1kg)

$3.03 ISK 378

$3.09 ISK 386

-1.94%

Tomato (1kg)

$5.08 ISK 633

$5.03 ISK 628

0.99%

Potato (1kg)

$3.63 ISK 453

$3.59 ISK 447

1.11%

Onion (1kg)

$2.43 ISK 304

$2.4 ISK 300

1.25%

Lettuce (1 head)

$3.17 ISK 395

$3.08 ISK 384

2.92%

Water (1.5 liter bottle)

$1.93 ISK 241

$2.01 ISK 250

-3.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.84 ISK 1,726

$13.9 ISK 1,734

-0.43%

Wine (Bottle)

$24.19 ISK 3,018

$23.87 ISK 2,978

1.34%

Local Beer (0.5 liter bottle)

$3.64 ISK 454

$3.62 ISK 452

0.55%

Imported Beer (0.33 liter bottle)

$3.33 ISK 416

$3.32 ISK 414

0.30%

One-way Ticket (Public Transport)

$5.27 ISK 658

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

Taxi Start (Normal Tariff)

$6.41 ISK 800

$6.26 ISK 781

2.40%

Taxi (Normal Tariff) (1km)

$2.64 ISK 329

$2.53 ISK 316

4.35%

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.8K

$85.2 ISK 10.6K

1.97%

Gasoline (1 liter)

$2.49 ISK 310

$2.57 ISK 321

-3.11%

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

$46.5K ISK 5.8M

$47.8K ISK 6M

-2.70%

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

$53.2K ISK 6.6M

$52.4K ISK 6.5M

1.48%

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

$86.2 ISK 10.8K

$86.5 ISK 10.8K

-0.34%

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

$27.22 ISK 3,395

$26.91 ISK 3,357

1.15%

Internet (50+ Mbps, Unlimited Data)

$87 ISK 10.9K

$84.9 ISK 10.6K

2.48%

Gym Membership (Monthly)

$82.7 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

Cinema Ticket

$17.85 ISK 2,227

$17.83 ISK 2,225

0.11%

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

$319 ISK 39.8K

$318 ISK 39.7K

0.29%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.7M

$29.9K ISK 3.7M

0.42%

Jeans (Levis 501 Or Similar)

$137 ISK 17.1K

$141 ISK 17.6K

-3.02%

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,710

$62.4 ISK 7,785

-0.96%

Sport Shoes (Adidas, Nike)

$184 ISK 23K

$183 ISK 22.9K

0.52%

Men's Leather Business Shoes

$265 ISK 33.1K

$267 ISK 33.3K

-0.69%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

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: October 29, 2025

Last update for Reykjavik: October 28, 2025

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