Cost of Living Comparison Between Kopavogur and Reykjavik Cost of Living Comparison Between Kopavogur and Reykjavik

😐 Solo nomad: Kopavogur is 4.6% more expensive than Reykjavik without rent, and 55.5% cheaper with rent.

🙂 Family of 3: Kopavogur is 15.6% cheaper than Reykjavik without rent, and 43.2% cheaper with rent.

Meal at Budget Restaurant

$27.01 ISK 3,402

$26.70 ISK 3,364

1.16%

Three-Course Dinner for Two, Mid-Range

$95.2 ISK 12.0K

$145 ISK 18.2K

-34.23%

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,873

$22.39 ISK 2,820

1.88%

Cappuccino

$5.99 ISK 755

$6.06 ISK 764

-1.16%

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

$2.07 ISK 260

$3.28 ISK 414

-36.89%

Water (0.33 liter bottle)

$2.61 ISK 329

$2.62 ISK 330

-0.38%

Local Beer (0.5 liter draught)

$10.39 ISK 1,309

$13.02 ISK 1,640

-20.20%

Imported Beer (0.33 liter bottle)

$11.12 ISK 1,401

$11.28 ISK 1,421

-1.42%

Milk (1 liter)

$1.71 ISK 215

$1.87 ISK 235

-8.56%

White Bread (500g)

$4.30 ISK 542

$4.32 ISK 544

-0.46%

Rice (white) (1kg)

$3.74 ISK 471

$3.71 ISK 468

0.81%

Eggs

$6.23 ISK 785

$6.52 ISK 821

-4.45%

Local Cheese (1kg)

$17.88 ISK 2,253

$18.16 ISK 2,288

-1.54%

Chicken Fillets (1kg)

$24.24 ISK 3,053

$23.83 ISK 3,002

1.72%

Beef Round Steak (1kg)

$42.31 ISK 5,329

$42.83 ISK 5,395

-1.21%

Apples (1kg)

$3.25 ISK 409

$3.37 ISK 424

-3.56%

Banana (1kg)

$2.54 ISK 319

$2.50 ISK 315

1.60%

Oranges (1kg)

$2.97 ISK 375

$3.03 ISK 382

-1.98%

Tomato (1kg)

$4.86 ISK 613

$4.98 ISK 627

-2.41%

Potato (1kg)

$3.52 ISK 443

$3.66 ISK 461

-3.83%

Onion (1kg)

$2.37 ISK 298

$2.40 ISK 302

-1.25%

Lettuce (1 head)

$3.17 ISK 399

$3.06 ISK 386

3.59%

Water (1.5 liter bottle)

$1.99 ISK 251

$2.01 ISK 253

-1.00%

Cigarettes 20 Pack (Marlboro, Camel)

$13.54 ISK 1,706

$13.82 ISK 1,741

-2.03%

Wine (Bottle)

$23.57 ISK 2,970

$23.58 ISK 2,971

-0.04%

Local Beer (0.5 liter bottle)

$3.61 ISK 455

$3.55 ISK 447

1.69%

Imported Beer (0.33 liter bottle)

$3.38 ISK 425

$3.24 ISK 408

4.32%

One-way Ticket (Public Transport)

$4.35 ISK 547

$5.19 ISK 654

-16.18%

Public Transport Monthly Pass (Regular Price)

$73.6 ISK 9,274

$87.7 ISK 11.0K

-16.03%

Taxi Start (Normal Tariff)

$5.71 ISK 719

$6.18 ISK 778

-7.61%

Taxi (Normal Tariff) (1km)

$2.65 ISK 334

$2.64 ISK 333

0.38%

Taxi 1hour Waiting (Normal Tariff)

$87.0 ISK 11.0K

$87.3 ISK 11.0K

-0.37%

Gasoline (1 liter)

$2.44 ISK 307

$2.56 ISK 322

-4.69%

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

$47.5K ISK 6.0M

$48.0K ISK 6.0M

-0.98%

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

$52.7K ISK 6.6M

$52.5K ISK 6.6M

0.50%

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

$89.4 ISK 11.3K

$88.6 ISK 11.2K

0.83%

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

$26.93 ISK 3,392

$27.96 ISK 3,522

-3.68%

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

$84.7 ISK 10.7K

1.62%

Gym Membership (Monthly)

$69.4 ISK 8,747

$81.7 ISK 10.3K

-14.97%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

Cinema Ticket

$16.39 ISK 2,065

$17.53 ISK 2,208

-6.50%

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

$318 ISK 40.1K

$316 ISK 39.7K

0.92%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

$30.1K ISK 3.8M

1.40%

Jeans (Levis 501 Or Similar)

$140 ISK 17.7K

$140 ISK 17.6K

0.61%

Summer Dress (H&M, Zara, etc)

$52.1 ISK 6,560

$62.4 ISK 7,863

-16.57%

Sport Shoes (Adidas, Nike)

$160 ISK 20.2K

$182 ISK 22.9K

-11.84%

Men's Leather Business Shoes

$269 ISK 33.9K

$264 ISK 33.2K

1.97%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

Buy Apartment in City Center (m2)

$5,943 ISK 748.6K

$7,541 ISK 949.9K

-21.19%

Buy Apartment Outside City Center (m2)

$5,918 ISK 745.5K

$6,257 ISK 788.1K

-5.40%

Average Monthly Net Salary (After Tax)

$5,169 ISK 651.2K

$4,489 ISK 565.5K

15.16%

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 Kopavogur: January 13, 2026

Last update for Reykjavik: January 10, 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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