Cost of Living Comparison Between Kotka and Akranes Cost of Living Comparison Between Kotka and Akranes

🙂 Solo nomad: Kotka is 34.1% cheaper than Akranes without rent, and 46.6% cheaper with rent.

🙂 Family of 3: Kotka is 30% cheaper than Akranes without rent, and 52.6% cheaper with rent.

Meal at Budget Restaurant

$12.69 €10.77

$26.53 ISK 3,238

-52.17%

Three-Course Dinner for Two, Mid-Range

$54.8 €46.55

$146 ISK 17.8K

-62.34%

Fast Food Meal (McDonalds, etc)

$10.12 €8.60

$22.60 ISK 2,758

-55.22%

Cappuccino

$4.08 €3.46

$5.90 ISK 720

-30.85%

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

$2.06 €1.75

$3.10 ISK 379

-33.55%

Water (0.33 liter bottle)

$1.61 €1.37

$2.35 ISK 287

-31.49%

Local Beer (0.5 liter draught)

$5.88 €4.99

$10.51 ISK 1,283

-44.05%

Imported Beer (0.33 liter bottle)

$3.49 €2.96

$7.93 ISK 969

-55.99%

Milk (1 liter)

$1.32 €1.12

$1.87 ISK 228

-29.41%

White Bread (500g)

$2.24 €1.90

$2.05 ISK 250

9.27%

Rice (white) (1kg)

$2.25 €1.91

$3.63 ISK 443

-38.02%

Eggs

$2.86 €2.43

$6.16 ISK 752

-53.57%

Local Cheese (1kg)

$8.82 €7.49

$17.81 ISK 2,175

-50.48%

Chicken Fillets (1kg)

$13.87 €11.78

$24.38 ISK 2,976

-43.11%

Beef Round Steak (1kg)

$20.93 €17.77

$43.08 ISK 5,259

-51.42%

Apples (1kg)

$2.05 €1.74

$3.19 ISK 390

-35.74%

Banana (1kg)

$1.96 €1.67

$2.42 ISK 296

-19.01%

Oranges (1kg)

$2.39 €2.03

$3.14 ISK 383

-23.89%

Tomato (1kg)

$4.82 €4.10

$4.92 ISK 601

-2.03%

Potato (1kg)

$1.45 €1.23

$3.67 ISK 448

-60.49%

Onion (1kg)

$1.81 €1.54

$2.43 ISK 297

-25.51%

Lettuce (1 head)

$1.78 €1.52

$3.15 ISK 385

-43.49%

Water (1.5 liter bottle)

$1.44 €1.22

$1.93 ISK 235

-25.39%

Cigarettes 20 Pack (Marlboro, Camel)

$10.14 €8.60

$13.89 ISK 1,695

-27.00%

Wine (Bottle)

$15.98 €13.57

$23.12 ISK 2,822

-30.88%

Local Beer (0.5 liter bottle)

$3.12 €2.65

$2.76 ISK 337

13.04%

Imported Beer (0.33 liter bottle)

$3.71 €3.15

$1.97 ISK 240

88.32%

One-way Ticket (Public Transport)

$5.66 €4.80

$3.66 ISK 447

54.64%

Public Transport Monthly Pass (Regular Price)

$57.0 €48.36

$71.3 ISK 8,700

-20.08%

Taxi Start (Normal Tariff)

$8.33 €7.08

$6.47 ISK 790

28.75%

Taxi (Normal Tariff) (1km)

$1.21 €1.03

$1.09 ISK 133

11.01%

Taxi 1hour Waiting (Normal Tariff)

$54.3 €46.14

$87.5 ISK 10.7K

-37.90%

Gasoline (1 liter)

$2.05 €1.74

$2.53 ISK 309

-18.97%

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

$32.1K €27.2K

$46.7K ISK 5.7M

-31.40%

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

$32.7K €27.7K

$53.0K ISK 6.5M

-38.40%

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

$261 €222

$87.1 ISK 10.6K

199.68%

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

$30.85 €26.19

$27.36 ISK 3,340

12.76%

Internet (50+ Mbps, Unlimited Data)

$19.94 €16.93

$84.4 ISK 10.3K

-76.36%

Gym Membership (Monthly)

$44.44 €37.73

Tennis Court (1 Hour on Weekend)

$24.46 €20.76

Cinema Ticket

$15.44 €13.11

$17.62 ISK 2,151

-12.37%

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

$335 €284

$318 ISK 38.8K

5.47%

International Primary School, 1 Child (Yearly)

$11.2K €9,499

$30.5K ISK 3.7M

-63.35%

Jeans (Levis 501 Or Similar)

$109 €92.8

$139 ISK 17.0K

-21.51%

Summer Dress (H&M, Zara, etc)

$13.82 €11.74

$61.7 ISK 7,529

-77.59%

Sport Shoes (Adidas, Nike)

$85.8 €72.8

$182 ISK 22.3K

-53.01%

Men's Leather Business Shoes

$106 €89.9

$265 ISK 32.3K

-60.02%

1-bedroom Apartment, City Center (Monthly)

$763 €647

$3,021 ISK 368.7K

-74.76%

1-bedroom Apartment, Outside City Center (Monthly)

$652 €553

$1,905 ISK 232.5K

-65.79%

3-bedroom Apartment, City Center (Monthly)

$1,288 €1,093

$4,787 ISK 584.4K

-73.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,051 €892

$3,545 ISK 432.7K

-70.37%

Buy Apartment in City Center (m2)

$2,266 €1,924

Buy Apartment Outside City Center (m2)

$1,483 €1,259

Average Monthly Net Salary (After Tax)

$3,202 €2,719

$5,675 ISK 692.8K

-43.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.4

9.63

-64.69%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Kotka: April 11, 2026

Last update for Akranes: April 12, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Kotka vs other spots: cost of living compared

Similar cities

Tallinn

🇪🇪 Estonia

Porto

🇵🇹 Portugal

Bratislava

🇸🇰 Slovakia

Turin

🇮🇹 Italy

Riyadh

🇸🇦 Saudi Arabia

Brno

🇨🇿 Czech Republic

Valencia

🇪🇸 Spain

Panama City

🇵🇦 Panama