Cost of Living Comparison Between Keflavik and Akureyri Cost of Living Comparison Between Keflavik and Akureyri

😐 Solo nomad: Keflavik is 59.7% more expensive than Akureyri without rent, and 0.8% cheaper with rent.

😐 Family of 3: Keflavik is 27.5% more expensive than Akureyri without rent, and 23.2% more expensive with rent.

Meal at Budget Restaurant

$24.37 ISK 3,049

$24.36 ISK 3,049

0.04%

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.9K

$129 ISK 16.1K

11.18%

Fast Food Meal (McDonalds, etc)

$20.19 ISK 2,527

$22.26 ISK 2,786

-9.30%

Cappuccino

$3.99 ISK 499

$4.94 ISK 618

-19.23%

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

$3.20 ISK 400

$3.40 ISK 426

-5.88%

Water (0.33 liter bottle)

$2.51 ISK 314

$2.94 ISK 368

-14.63%

Local Beer (0.5 liter draught)

$8.22 ISK 1,029

$10.83 ISK 1,355

-24.10%

Imported Beer (0.33 liter bottle)

$7.89 ISK 987

$9.15 ISK 1,145

-13.77%

Milk (1 liter)

$1.96 ISK 246

$2.75 ISK 344

-28.73%

White Bread (500g)

$4.31 ISK 539

$2.26 ISK 282

90.71%

Rice (white) (1kg)

$2.36 ISK 295

$2.97 ISK 372

-20.54%

Eggs

$6.21 ISK 777

$8.20 ISK 1,026

-24.27%

Local Cheese (1kg)

$17.93 ISK 2,244

Chicken Fillets (1kg)

$23.44 ISK 2,933

$23.90 ISK 2,991

-1.92%

Beef Round Steak (1kg)

$43.07 ISK 5,390

Apples (1kg)

$2.39 ISK 299

Banana (1kg)

$2.40 ISK 300

Oranges (1kg)

$2.46 ISK 307

Tomato (1kg)

$4.06 ISK 508

Potato (1kg)

$3.18 ISK 397

Onion (1kg)

$2.04 ISK 255

Lettuce (1 head)

$3.13 ISK 391

Water (1.5 liter bottle)

$1.92 ISK 241

Cigarettes 20 Pack (Marlboro, Camel)

$13.59 ISK 1,701

$13.29 ISK 1,663

2.26%

Wine (Bottle)

$16.49 ISK 2,063

Local Beer (0.5 liter bottle)

$3.75 ISK 470

Imported Beer (0.33 liter bottle)

$2.74 ISK 343

One-way Ticket (Public Transport)

$3.56 ISK 446

Public Transport Monthly Pass (Regular Price)

$74.1 ISK 9,271

Taxi Start (Normal Tariff)

$6.27 ISK 784

Taxi (Normal Tariff) (1km)

$2.29 ISK 286

Taxi 1hour Waiting (Normal Tariff)

$86.6 ISK 10.8K

Gasoline (1 liter)

$2.43 ISK 304

$2.58 ISK 323

-5.81%

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

$47.6K ISK 6.0M

$39.8K ISK 5.0M

19.60%

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

$53.0K ISK 6.6M

$64.6K ISK 8.1M

-18.03%

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

$88.8 ISK 11.1K

$120 ISK 15.0K

-26.07%

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

$27.97 ISK 3,500

$25.46 ISK 3,186

9.86%

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.7K

$160 ISK 20.0K

-46.58%

Gym Membership (Monthly)

$82.2 ISK 10.3K

Cinema Ticket

$17.26 ISK 2,160

$14.83 ISK 1,856

16.39%

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

$323 ISK 40.5K

$355 ISK 44.4K

-8.77%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

$80.5 ISK 10.1K

72.95%

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,673

Sport Shoes (Adidas, Nike)

$180 ISK 22.6K

$120 ISK 15.0K

50.29%

Men's Leather Business Shoes

$191 ISK 23.9K

1-bedroom Apartment, City Center (Monthly)

$1,866 ISK 233.5K

$1,742 ISK 217.9K

7.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,319 ISK 165.1K

$1,788 ISK 223.8K

-26.23%

3-bedroom Apartment, City Center (Monthly)

$2,415 ISK 302.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,043 ISK 255.7K

$2,094 ISK 262.0K

-2.43%

Buy Apartment in City Center (m2)

$6,470 ISK 809.7K

Buy Apartment Outside City Center (m2)

$6,520 ISK 816.0K

Average Monthly Net Salary (After Tax)

$3,742 ISK 468.3K

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 Keflavik: 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

Similar cities

Dubai

🇦🇪 United Arab Emirates

Toronto

🇨🇦 Canada

Hong Kong

🇭🇰 Hong Kong (China)

Munich

🇩🇪 Germany

Sydney

🇦🇺 Australia

Vancouver

🇨🇦 Canada

Dallas, TX

🇺🇸 United States

Portland, OR

🇺🇸 United States