Cost of Living Comparison Between Lisbon and Akranes Cost of Living Comparison Between Lisbon and Akranes

🙂 Solo nomad: Lisbon is 38.2% cheaper than Akranes without rent, and 36.2% cheaper with rent.

🙂 Family of 3: Lisbon is 45.4% cheaper than Akranes without rent, and 44% cheaper with rent.

Meal at Budget Restaurant

$16.09 €13.89

$26.45 ISK 3,299

-39.17%

Three-Course Dinner for Two, Mid-Range

$64.1 €55.3

$145 ISK 18.1K

-55.91%

Fast Food Meal (McDonalds, etc)

$10.28 €8.88

$22.1 ISK 2,757

-53.48%

Cappuccino

$2.78 €2.4

$6.13 ISK 765

-54.65%

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

$2.23 €1.92

$3.13 ISK 391

-28.75%

Water (0.33 liter bottle)

$1.57 €1.35

$2.44 ISK 304

-35.66%

Local Beer (0.5 liter draught)

$3.41 €2.95

$10.64 ISK 1,327

-67.95%

Imported Beer (0.33 liter bottle)

$3.82 €3.3

$8.11 ISK 1,011

-52.90%

Milk (1 liter)

$1.14 €0.98

$1.96 ISK 245

-41.84%

White Bread (500g)

$1.73 €1.49

$2.06 ISK 258

-16.02%

Rice (white) (1kg)

$1.67 €1.44

$3.57 ISK 446

-53.22%

Eggs

$3.13 €2.7

$5.88 ISK 734

-46.77%

Local Cheese (1kg)

$13.31 €11.5

$18.07 ISK 2,254

-26.34%

Chicken Fillets (1kg)

$7.99 €6.9

$24.01 ISK 2,995

-66.72%

Beef Round Steak (1kg)

$15.97 €13.79

$41.8 ISK 5,214

-61.79%

Apples (1kg)

$2.28 €1.97

$3.35 ISK 418

-31.94%

Banana (1kg)

$1.7 €1.47

$2.4 ISK 299

-29.17%

Oranges (1kg)

$2.04 €1.76

$2.98 ISK 372

-31.54%

Tomato (1kg)

$2.55 €2.2

$4.74 ISK 591

-46.20%

Potato (1kg)

$1.76 €1.52

$3.64 ISK 455

-51.65%

Onion (1kg)

$2.05 €1.77

$2.44 ISK 304

-15.98%

Lettuce (1 head)

$1.98 €1.71

$3.18 ISK 397

-37.74%

Water (1.5 liter bottle)

$0.81 €0.7

$1.99 ISK 248

-59.30%

Cigarettes 20 Pack (Marlboro, Camel)

$6.59 €5.69

$13.65 ISK 1,702

-51.72%

Wine (Bottle)

$5.87 €5.07

$24.29 ISK 3,030

-75.83%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$2.79 ISK 348

-52.33%

Imported Beer (0.33 liter bottle)

$2.92 €2.52

$1.96 ISK 245

48.98%

One-way Ticket (Public Transport)

$2.27 €1.96

$3.65 ISK 455

-37.81%

Public Transport Monthly Pass (Regular Price)

$46.15 €39.85

$72.4 ISK 9,029

-36.24%

Taxi Start (Normal Tariff)

$4.23 €3.66

$6.2 ISK 773

-31.77%

Taxi (Normal Tariff) (1km)

$0.86 €0.75

$1.04 ISK 130

-17.31%

Taxi 1hour Waiting (Normal Tariff)

$18.68 €16.13

$87.1 ISK 10.9K

-78.55%

Gasoline (1 liter)

$2.09 €1.81

$2.51 ISK 314

-16.73%

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

$34.5K €29.8K

$46.9K ISK 5.8M

-26.36%

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

$39.6K €34.2K

$53K ISK 6.6M

-25.22%

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

$148 €128

$88.8 ISK 11.1K

67.05%

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

$20.98 €18.11

$27.52 ISK 3,433

-23.76%

Internet (50+ Mbps, Unlimited Data)

$39.65 €34.24

$86.4 ISK 10.8K

-54.10%

Gym Membership (Monthly)

$47.92 €41.37

Tennis Court (1 Hour on Weekend)

$18.57 €16.03

Cinema Ticket

$9.38 €8.1

$17.51 ISK 2,184

-46.43%

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

$607 €524

$321 ISK 40.1K

89.03%

International Primary School, 1 Child (Yearly)

$16.1K €13.9K

$30.5K ISK 3.8M

-47.25%

Jeans (Levis 501 Or Similar)

$104 €90.1

$138 ISK 17.2K

-24.12%

Summer Dress (H&M, Zara, etc)

$41.09 €35.48

$62.6 ISK 7,805

-34.32%

Sport Shoes (Adidas, Nike)

$92.7 €80

$184 ISK 23K

-49.67%

Men's Leather Business Shoes

$119 €102

$264 ISK 32.9K

-55.01%

1-bedroom Apartment, City Center (Monthly)

$1,592 €1,375

$2,925 ISK 364.9K

-45.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,262 €1,090

$1,877 ISK 234.1K

-32.76%

3-bedroom Apartment, City Center (Monthly)

$3,046 €2,630

$4,785 ISK 597K

-36.34%

3-bedroom Apartment, Outside City Center (Monthly)

$2,069 €1,787

$3,552 ISK 443.2K

-41.75%

Buy Apartment in City Center (m2)

$7,280 €6,286

Buy Apartment Outside City Center (m2)

$4,549 €3,928

Average Monthly Net Salary (After Tax)

$1,462 €1,263

$5,630 ISK 702.4K

-74.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

9.63

-60.44%

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

Last update for Lisbon: October 28, 2025

Last update for Akranes: October 29, 2025

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