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

😐 Solo nomad: Kopavogur is 99% more expensive than Akureyri without rent, and 40.1% cheaper with rent.

😐 Family of 3: Kopavogur is 56.7% more expensive than Akureyri without rent, and 14.4% cheaper with rent.

Meal at Budget Restaurant

$27.00 ISK 3,301

$24.07 ISK 2,943

12.17%

Three-Course Dinner for Two, Mid-Range

$95.5 ISK 11.7K

$130 ISK 15.9K

-26.49%

Fast Food Meal (McDonalds, etc)

$22.94 ISK 2,805

$22.08 ISK 2,700

3.89%

Cappuccino

$6.12 ISK 748

$4.74 ISK 580

29.11%

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

$2.06 ISK 252

$3.44 ISK 421

-40.12%

Water (0.33 liter bottle)

$2.62 ISK 321

$3.10 ISK 379

-15.48%

Local Beer (0.5 liter draught)

$10.32 ISK 1,262

$11.06 ISK 1,352

-6.69%

Imported Beer (0.33 liter bottle)

$11.13 ISK 1,361

$9.48 ISK 1,159

17.41%

Milk (1 liter)

$1.73 ISK 211

$2.83 ISK 346

-38.87%

White Bread (500g)

$4.39 ISK 537

$2.23 ISK 273

96.86%

Rice (white) (1kg)

$3.73 ISK 456

$3.13 ISK 383

19.17%

Eggs

$6.31 ISK 771

$8.01 ISK 979

-21.22%

Local Cheese (1kg)

$18.21 ISK 2,227

Chicken Fillets (1kg)

$24.31 ISK 2,972

$24.08 ISK 2,944

0.96%

Beef Round Steak (1kg)

$42.06 ISK 5,143

Apples (1kg)

$3.25 ISK 398

Banana (1kg)

$2.49 ISK 305

Oranges (1kg)

$3.10 ISK 380

Tomato (1kg)

$4.96 ISK 606

Potato (1kg)

$3.58 ISK 437

Onion (1kg)

$2.41 ISK 295

Lettuce (1 head)

$3.19 ISK 390

Water (1.5 liter bottle)

$2.02 ISK 246

Cigarettes 20 Pack (Marlboro, Camel)

$13.81 ISK 1,689

$13.21 ISK 1,616

4.54%

Wine (Bottle)

$24.45 ISK 2,990

Local Beer (0.5 liter bottle)

$3.74 ISK 457

Imported Beer (0.33 liter bottle)

$3.30 ISK 404

One-way Ticket (Public Transport)

$4.35 ISK 532

Public Transport Monthly Pass (Regular Price)

$72.8 ISK 8,904

Taxi Start (Normal Tariff)

$5.84 ISK 714

Taxi (Normal Tariff) (1km)

$2.63 ISK 321

Taxi 1hour Waiting (Normal Tariff)

$85.4 ISK 10.4K

Gasoline (1 liter)

$2.47 ISK 302

$2.53 ISK 310

-2.37%

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

$47.3K ISK 5.8M

$39.7K ISK 4.9M

19.16%

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

$52.1K ISK 6.4M

$65.4K ISK 8.0M

-20.33%

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

$89.1 ISK 10.9K

$119 ISK 14.5K

-25.02%

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

$27.69 ISK 3,386

$25.31 ISK 3,095

9.40%

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.6K

$159 ISK 19.5K

-45.57%

Gym Membership (Monthly)

$68.6 ISK 8,384

$83.1 ISK 10.2K

-17.54%

Cinema Ticket

$16.59 ISK 2,029

$15.01 ISK 1,835

10.53%

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

$325 ISK 39.8K

$356 ISK 43.5K

-8.61%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

Jeans (Levis 501 Or Similar)

$140 ISK 17.1K

$81.5 ISK 9,966

71.48%

Summer Dress (H&M, Zara, etc)

$51.9 ISK 6,351

Sport Shoes (Adidas, Nike)

$158 ISK 19.4K

$122 ISK 14.9K

29.87%

Men's Leather Business Shoes

$264 ISK 32.2K

1-bedroom Apartment, City Center (Monthly)

$1,794 ISK 219.4K

1-bedroom Apartment, Outside City Center (Monthly)

$1,784 ISK 218.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,116 ISK 258.7K

Buy Apartment in City Center (m2)

$6,203 ISK 758.5K

$6,507 ISK 795.6K

-4.67%

Buy Apartment Outside City Center (m2)

$6,002 ISK 733.9K

$6,582 ISK 804.8K

-8.81%

Average Monthly Net Salary (After Tax)

$5,401 ISK 660.5K

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: February 12, 2026

Last update for Akureyri: February 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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