Cost of Living Comparison Between Kopavogur and Akureyri Cost of Living Comparison Between Kopavogur and Akureyri

😐 Solo nomad: Kopavogur is 62.5% more expensive than Akureyri without rent, and 39.9% cheaper with rent.

😐 Family of 3: Kopavogur is 42.6% more expensive than Akureyri without rent, and 15% cheaper with rent.

Meal at Budget Restaurant

$27.11 ISK 3,392

$24.36 ISK 3,048

11.29%

Three-Course Dinner for Two, Mid-Range

$96.0 ISK 12.0K

$129 ISK 16.1K

-25.34%

Fast Food Meal (McDonalds, etc)

$22.84 ISK 2,858

$22.26 ISK 2,785

2.61%

Cappuccino

$5.95 ISK 744

$4.94 ISK 618

20.45%

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

$2.02 ISK 253

$3.40 ISK 426

-40.59%

Water (0.33 liter bottle)

$2.61 ISK 327

$2.94 ISK 368

-11.22%

Local Beer (0.5 liter draught)

$10.43 ISK 1,306

$10.83 ISK 1,355

-3.69%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,383

$9.15 ISK 1,145

20.77%

Milk (1 liter)

$1.67 ISK 209

$2.75 ISK 343

-39.27%

White Bread (500g)

$4.19 ISK 525

$2.26 ISK 282

85.40%

Rice (white) (1kg)

$3.71 ISK 465

$2.97 ISK 372

24.92%

Eggs

$6.46 ISK 808

$8.20 ISK 1,026

-21.22%

Local Cheese (1kg)

$18.42 ISK 2,305

Chicken Fillets (1kg)

$23.60 ISK 2,954

$23.90 ISK 2,991

-1.26%

Beef Round Steak (1kg)

$42.97 ISK 5,377

Apples (1kg)

$3.19 ISK 399

Banana (1kg)

$2.52 ISK 315

Oranges (1kg)

$3.08 ISK 385

Tomato (1kg)

$5.08 ISK 635

Potato (1kg)

$3.58 ISK 448

Onion (1kg)

$2.32 ISK 290

Lettuce (1 head)

$3.20 ISK 400

Water (1.5 liter bottle)

$1.95 ISK 244

Cigarettes 20 Pack (Marlboro, Camel)

$13.55 ISK 1,696

$13.29 ISK 1,663

1.96%

Wine (Bottle)

$23.59 ISK 2,951

Local Beer (0.5 liter bottle)

$3.70 ISK 463

Imported Beer (0.33 liter bottle)

$3.21 ISK 402

One-way Ticket (Public Transport)

$4.48 ISK 560

Public Transport Monthly Pass (Regular Price)

$72.9 ISK 9,119

Taxi Start (Normal Tariff)

$5.80 ISK 726

Taxi (Normal Tariff) (1km)

$2.54 ISK 318

Taxi 1hour Waiting (Normal Tariff)

$87.8 ISK 11.0K

Gasoline (1 liter)

$2.45 ISK 307

$2.58 ISK 323

-5.04%

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

$46.5K ISK 5.8M

$39.8K ISK 5.0M

16.71%

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

$53.0K ISK 6.6M

$64.6K ISK 8.1M

-18.06%

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

$89.3 ISK 11.2K

$120 ISK 15.0K

-25.66%

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

$27.91 ISK 3,493

$25.46 ISK 3,186

9.62%

Internet (50+ Mbps, Unlimited Data)

$86.6 ISK 10.8K

$160 ISK 20.0K

-45.89%

Gym Membership (Monthly)

$69.0 ISK 8,631

$82.2 ISK 10.3K

-16.11%

Cinema Ticket

$16.79 ISK 2,101

$14.83 ISK 1,855

13.22%

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

$317 ISK 39.7K

$355 ISK 44.4K

-10.53%

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

72.69%

Summer Dress (H&M, Zara, etc)

$52.9 ISK 6,618

Sport Shoes (Adidas, Nike)

$161 ISK 20.2K

$120 ISK 15.0K

34.27%

Men's Leather Business Shoes

$267 ISK 33.5K

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)

$6,096 ISK 762.8K

$6,470 ISK 809.6K

-5.78%

Buy Apartment Outside City Center (m2)

$5,945 ISK 744.0K

$6,520 ISK 815.9K

-8.82%

Average Monthly Net Salary (After Tax)

$5,310 ISK 664.5K

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 Kopavogur: 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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