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

😐 Solo nomad: Kopavogur is 66.6% more expensive than Akureyri without rent, and 40.9% cheaper with rent.

😐 Family of 3: Kopavogur is 55.4% more expensive than Akureyri without rent, and 15.4% cheaper with rent.

Meal at Budget Restaurant

$27.01 ISK 3,402

$23.74 ISK 2,990

13.77%

Three-Course Dinner for Two, Mid-Range

$95.2 ISK 12.0K

$131 ISK 16.5K

-27.17%

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,873

$22.36 ISK 2,816

2.01%

Cappuccino

$5.99 ISK 755

$4.82 ISK 607

24.27%

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

$2.07 ISK 260

$3.44 ISK 434

-39.83%

Water (0.33 liter bottle)

$2.61 ISK 329

$3.05 ISK 385

-14.43%

Local Beer (0.5 liter draught)

$10.39 ISK 1,309

$11.05 ISK 1,391

-5.97%

Imported Beer (0.33 liter bottle)

$11.12 ISK 1,401

$9.27 ISK 1,168

19.96%

Milk (1 liter)

$1.71 ISK 215

$2.73 ISK 344

-37.36%

White Bread (500g)

$4.30 ISK 542

$2.23 ISK 281

92.83%

Rice (white) (1kg)

$3.74 ISK 471

$3.06 ISK 386

22.22%

Eggs

$6.23 ISK 785

$8.24 ISK 1,038

-24.39%

Local Cheese (1kg)

$17.88 ISK 2,253

Chicken Fillets (1kg)

$24.24 ISK 3,053

$24.39 ISK 3,072

-0.62%

Beef Round Steak (1kg)

$42.31 ISK 5,329

Apples (1kg)

$3.25 ISK 409

Banana (1kg)

$2.54 ISK 319

Oranges (1kg)

$2.97 ISK 375

Tomato (1kg)

$4.86 ISK 613

Potato (1kg)

$3.52 ISK 443

Onion (1kg)

$2.37 ISK 298

Lettuce (1 head)

$3.17 ISK 399

Water (1.5 liter bottle)

$1.99 ISK 251

Cigarettes 20 Pack (Marlboro, Camel)

$13.54 ISK 1,706

$13.34 ISK 1,680

1.50%

Wine (Bottle)

$23.57 ISK 2,970

Local Beer (0.5 liter bottle)

$3.61 ISK 455

Imported Beer (0.33 liter bottle)

$3.38 ISK 425

One-way Ticket (Public Transport)

$4.35 ISK 547

Public Transport Monthly Pass (Regular Price)

$73.6 ISK 9,274

Taxi Start (Normal Tariff)

$5.71 ISK 719

Taxi (Normal Tariff) (1km)

$2.65 ISK 334

Taxi 1hour Waiting (Normal Tariff)

$87.0 ISK 11.0K

Gasoline (1 liter)

$2.44 ISK 307

$2.45 ISK 309

-0.41%

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

$47.5K ISK 6.0M

$39.6K ISK 5.0M

19.86%

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

$52.7K ISK 6.6M

$63.2K ISK 8.0M

-16.58%

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

$89.4 ISK 11.3K

$120 ISK 15.1K

-25.53%

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

$26.93 ISK 3,392

$25.23 ISK 3,178

6.74%

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

$162 ISK 20.3K

-46.74%

Gym Membership (Monthly)

$69.4 ISK 8,747

$82.8 ISK 10.4K

-16.09%

Cinema Ticket

$16.39 ISK 2,065

$15.34 ISK 1,932

6.84%

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

$318 ISK 40.1K

$355 ISK 44.7K

-10.23%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

Jeans (Levis 501 Or Similar)

$140 ISK 17.7K

$81.7 ISK 10.3K

71.86%

Summer Dress (H&M, Zara, etc)

$52.1 ISK 6,560

Sport Shoes (Adidas, Nike)

$160 ISK 20.2K

$122 ISK 15.4K

31.13%

Men's Leather Business Shoes

$269 ISK 33.9K

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)

$5,943 ISK 748.6K

$6,473 ISK 815.3K

-8.19%

Buy Apartment Outside City Center (m2)

$5,918 ISK 745.5K

$6,305 ISK 794.3K

-6.13%

Average Monthly Net Salary (After Tax)

$5,169 ISK 651.2K

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: January 13, 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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