Cost of Living Comparison Between Lisbon and Akureyri Cost of Living Comparison Between Lisbon and Akureyri

🙂 Solo nomad: Lisbon is 4.4% cheaper than Akureyri without rent, and 20.9% cheaper with rent.

🙂 Family of 3: Lisbon is 26.5% cheaper than Akureyri without rent, and 11.8% cheaper with rent.

Meal at Budget Restaurant

$15.63 €13.44

$24.13 ISK 3,004

-35.23%

Three-Course Dinner for Two, Mid-Range

$63.8 €54.9

$129 ISK 16.1K

-50.70%

Fast Food Meal (McDonalds, etc)

$10.53 €9.06

$22.37 ISK 2,784

-52.93%

Cappuccino

$2.87 €2.47

$5.00 ISK 623

-42.60%

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

$2.31 €1.99

$3.41 ISK 424

-32.26%

Water (0.33 liter bottle)

$1.50 €1.29

$3.07 ISK 382

-51.14%

Local Beer (0.5 liter draught)

$3.56 €3.06

$10.92 ISK 1,360

-67.40%

Imported Beer (0.33 liter bottle)

$3.86 €3.32

$9.01 ISK 1,121

-57.16%

Milk (1 liter)

$1.08 €0.93

$2.82 ISK 352

-61.70%

White Bread (500g)

$1.82 €1.57

$2.36 ISK 294

-22.88%

Rice (white) (1kg)

$1.76 €1.51

$3.04 ISK 378

-42.11%

Eggs

$3.20 €2.75

$7.85 ISK 977

-59.24%

Local Cheese (1kg)

$13.39 €11.52

Chicken Fillets (1kg)

$7.68 €6.60

$24.08 ISK 2,997

-68.11%

Beef Round Steak (1kg)

$15.54 €13.37

Apples (1kg)

$2.36 €2.03

Banana (1kg)

$1.74 €1.49

Oranges (1kg)

$1.97 €1.70

Tomato (1kg)

$2.45 €2.10

Potato (1kg)

$1.83 €1.57

Onion (1kg)

$2.06 €1.78

Lettuce (1 head)

$1.92 €1.65

Water (1.5 liter bottle)

$0.79 €0.68

Cigarettes 20 Pack (Marlboro, Camel)

$6.76 €5.82

$13.34 ISK 1,660

-49.33%

Wine (Bottle)

$5.84 €5.02

Local Beer (0.5 liter bottle)

$1.32 €1.13

Imported Beer (0.33 liter bottle)

$2.98 €2.56

One-way Ticket (Public Transport)

$2.27 €1.95

Public Transport Monthly Pass (Regular Price)

$45.65 €39.26

Taxi Start (Normal Tariff)

$4.20 €3.61

Taxi (Normal Tariff) (1km)

$0.84 €0.73

Taxi 1hour Waiting (Normal Tariff)

$18.48 €15.89

Gasoline (1 liter)

$2.10 €1.81

$2.46 ISK 306

-14.63%

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

$34.7K €29.8K

$40.6K ISK 5.0M

-14.55%

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

$38.5K €33.1K

$64.8K ISK 8.1M

-40.53%

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

$146 €126

$122 ISK 15.2K

19.29%

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

$20.60 €17.71

$25.50 ISK 3,174

-19.22%

Internet (50+ Mbps, Unlimited Data)

$39.54 €34.00

$160 ISK 20.0K

-75.33%

Gym Membership (Monthly)

$49.56 €42.62

$82.3 ISK 10.2K

-39.80%

Tennis Court (1 Hour on Weekend)

$18.33 €15.76

Cinema Ticket

$9.46 €8.13

$15.26 ISK 1,900

-38.01%

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

$617 €530

$358 ISK 44.6K

72.29%

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

Jeans (Levis 501 Or Similar)

$105 €90.5

$81.5 ISK 10.1K

29.17%

Summer Dress (H&M, Zara, etc)

$40.59 €34.91

Sport Shoes (Adidas, Nike)

$93.2 €80.2

$120 ISK 15.0K

-22.58%

Men's Leather Business Shoes

$120 €103

1-bedroom Apartment, City Center (Monthly)

$1,620 €1,393

$1,740 ISK 216.6K

-6.88%

1-bedroom Apartment, Outside City Center (Monthly)

$1,269 €1,091

$1,773 ISK 220.7K

-28.44%

3-bedroom Apartment, City Center (Monthly)

$3,031 €2,607

3-bedroom Apartment, Outside City Center (Monthly)

$2,022 €1,739

$2,127 ISK 264.8K

-4.95%

Buy Apartment in City Center (m2)

$7,578 €6,517

$6,302 ISK 784.5K

20.25%

Buy Apartment Outside City Center (m2)

$4,343 €3,735

$6,447 ISK 802.5K

-32.63%

Average Monthly Net Salary (After Tax)

$1,544 €1,328

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

9.4

-59.47%

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

Last update for Lisbon: March 9, 2026

Last update for Akureyri: March 9, 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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