Cost of Living Comparison Between Lisbon and Hafnarfjordur Cost of Living Comparison Between Lisbon and Hafnarfjordur

🙂 Solo nomad: Lisbon is 52.2% cheaper than Hafnarfjordur without rent, and 38.2% cheaper with rent.

🙂 Family of 3: Lisbon is 48.3% cheaper than Hafnarfjordur without rent, and 36.6% cheaper with rent.

Meal at Budget Restaurant

$15.92 €13.78

$27.08 ISK 3,389

-41.21%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.8

$146 ISK 18.2K

-55.72%

Fast Food Meal (McDonalds, etc)

$10.54 €9.13

$16.50 ISK 2,065

-36.12%

Cappuccino

$2.91 €2.52

$6.20 ISK 775

-53.06%

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

$2.30 €1.99

$3.36 ISK 421

-31.55%

Water (0.33 liter bottle)

$1.57 €1.36

$2.64 ISK 330

-40.53%

Local Beer (0.5 liter draught)

$3.44 €2.98

$12.84 ISK 1,606

-73.21%

Imported Beer (0.33 liter bottle)

$3.87 €3.35

$11.42 ISK 1,429

-66.11%

Milk (1 liter)

$1.14 €0.98

$1.69 ISK 211

-32.54%

White Bread (500g)

$1.79 €1.55

$4.36 ISK 545

-58.94%

Rice (white) (1kg)

$1.75 €1.52

$3.56 ISK 445

-50.84%

Eggs

$3.23 €2.80

$6.41 ISK 802

-49.61%

Local Cheese (1kg)

$13.22 €11.45

$17.79 ISK 2,226

-25.69%

Chicken Fillets (1kg)

$8.03 €6.95

$24.17 ISK 3,025

-66.78%

Beef Round Steak (1kg)

$16.00 €13.85

$42.16 ISK 5,276

-62.05%

Apples (1kg)

$2.33 €2.02

$3.23 ISK 404

-27.86%

Banana (1kg)

$1.65 €1.43

$2.36 ISK 295

-30.08%

Oranges (1kg)

$1.94 €1.68

$3.02 ISK 378

-35.76%

Tomato (1kg)

$2.44 €2.11

$4.92 ISK 615

-50.41%

Potato (1kg)

$1.83 €1.59

$3.59 ISK 449

-49.03%

Onion (1kg)

$2.08 €1.80

$2.45 ISK 306

-15.10%

Lettuce (1 head)

$2.00 €1.73

$3.16 ISK 396

-36.71%

Water (1.5 liter bottle)

$0.80 €0.69

$1.99 ISK 249

-59.80%

Cigarettes 20 Pack (Marlboro, Camel)

$6.74 €5.84

$13.78 ISK 1,724

-51.09%

Wine (Bottle)

$5.80 €5.02

$24.14 ISK 3,020

-75.97%

Local Beer (0.5 liter bottle)

$1.34 €1.16

$3.58 ISK 448

-62.57%

Imported Beer (0.33 liter bottle)

$3.01 €2.61

$3.25 ISK 407

-7.38%

One-way Ticket (Public Transport)

$2.37 €2.05

$4.94 ISK 618

-52.02%

Public Transport Monthly Pass (Regular Price)

$46.20 €40.01

$84.2 ISK 10.5K

-45.12%

Taxi Start (Normal Tariff)

$4.07 €3.53

$6.17 ISK 772

-34.04%

Taxi (Normal Tariff) (1km)

$0.87 €0.75

$2.65 ISK 332

-67.17%

Taxi 1hour Waiting (Normal Tariff)

$18.58 €16.09

$84.8 ISK 10.6K

-78.09%

Gasoline (1 liter)

$2.09 €1.81

$2.44 ISK 305

-14.34%

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

$34.8K €30.1K

$47.2K ISK 5.9M

-26.41%

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

$38.8K €33.6K

$53.1K ISK 6.6M

-26.95%

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

$150 €130

$68.3 ISK 8,552

119.89%

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

$20.62 €17.86

$27.37 ISK 3,425

-24.66%

Internet (50+ Mbps, Unlimited Data)

$40.09 €34.72

$86.7 ISK 10.9K

-53.77%

Gym Membership (Monthly)

$47.85 €41.44

$64.5 ISK 8,074

-25.84%

Tennis Court (1 Hour on Weekend)

$18.37 €15.91

Cinema Ticket

$9.32 €8.07

$16.42 ISK 2,054

-43.24%

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

$615 €533

$325 ISK 40.7K

89.06%

International Primary School, 1 Child (Yearly)

$16.4K €14.2K

$30.3K ISK 3.8M

-45.78%

Jeans (Levis 501 Or Similar)

$104 €90.3

$121 ISK 15.1K

-13.55%

Summer Dress (H&M, Zara, etc)

$41.10 €35.59

$62.1 ISK 7,770

-33.81%

Sport Shoes (Adidas, Nike)

$95.3 €82.5

$120 ISK 15.0K

-20.57%

Men's Leather Business Shoes

$120 €104

$262 ISK 32.8K

-54.12%

1-bedroom Apartment, City Center (Monthly)

$1,630 €1,411

$2,438 ISK 305.1K

-33.16%

1-bedroom Apartment, Outside City Center (Monthly)

$1,229 €1,064

$1,980 ISK 247.8K

-37.95%

3-bedroom Apartment, City Center (Monthly)

$3,018 €2,614

$3,271 ISK 409.3K

-7.73%

3-bedroom Apartment, Outside City Center (Monthly)

$2,004 €1,736

$2,522 ISK 315.6K

-20.53%

Buy Apartment in City Center (m2)

$7,872 €6,817

$7,005 ISK 876.6K

12.38%

Buy Apartment Outside City Center (m2)

$4,319 €3,740

$7,010 ISK 877.3K

-38.40%

Average Monthly Net Salary (After Tax)

$1,611 €1,395

$4,758 ISK 595.4K

-66.14%

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: March 1, 2026

Last update for Hafnarfjordur: March 2, 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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