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

🙂 Solo nomad: Lisbon is 48.3% cheaper than Hafnarfjordur without rent, and 37.8% cheaper with rent.

🙂 Family of 3: Lisbon is 52.2% cheaper than Hafnarfjordur without rent, and 36.1% cheaper with rent.

Meal at Budget Restaurant

$16.09 €13.89

$26.9 ISK 3,356

-40.19%

Three-Course Dinner for Two, Mid-Range

$64.1 €55.3

$144 ISK 18K

-55.56%

Fast Food Meal (McDonalds, etc)

$10.28 €8.88

$16.18 ISK 2,018

-36.46%

Cappuccino

$2.78 €2.4

$6.07 ISK 757

-54.20%

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

$2.23 €1.92

$3.25 ISK 406

-31.38%

Water (0.33 liter bottle)

$1.57 €1.35

$2.6 ISK 324

-39.62%

Local Beer (0.5 liter draught)

$3.41 €2.95

$12.95 ISK 1,616

-73.67%

Imported Beer (0.33 liter bottle)

$3.82 €3.3

$11.27 ISK 1,406

-66.10%

Milk (1 liter)

$1.14 €0.98

$1.63 ISK 203

-30.06%

White Bread (500g)

$1.73 €1.49

$4.17 ISK 520

-58.51%

Rice (white) (1kg)

$1.67 €1.44

$3.76 ISK 468

-55.59%

Eggs

$3.13 €2.7

$6.27 ISK 783

-50.08%

Local Cheese (1kg)

$13.31 €11.5

$17.98 ISK 2,243

-25.97%

Chicken Fillets (1kg)

$7.99 €6.9

$23.93 ISK 2,986

-66.61%

Beef Round Steak (1kg)

$15.97 €13.79

$42.77 ISK 5,336

-62.66%

Apples (1kg)

$2.28 €1.97

$3.31 ISK 414

-31.12%

Banana (1kg)

$1.7 €1.47

$2.45 ISK 305

-30.61%

Oranges (1kg)

$2.04 €1.76

$3.01 ISK 375

-32.23%

Tomato (1kg)

$2.55 €2.2

$5.09 ISK 635

-49.90%

Potato (1kg)

$1.76 €1.52

$3.69 ISK 460

-52.30%

Onion (1kg)

$2.05 €1.77

$2.37 ISK 295

-13.50%

Lettuce (1 head)

$1.98 €1.71

$3.04 ISK 379

-34.87%

Water (1.5 liter bottle)

$0.81 €0.7

$1.92 ISK 240

-57.81%

Cigarettes 20 Pack (Marlboro, Camel)

$6.59 €5.69

$13.9 ISK 1,734

-52.59%

Wine (Bottle)

$5.87 €5.07

$24.71 ISK 3,083

-76.24%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$3.56 ISK 444

-62.64%

Imported Beer (0.33 liter bottle)

$2.92 €2.52

$3.19 ISK 397

-8.46%

One-way Ticket (Public Transport)

$2.27 €1.96

$4.91 ISK 613

-53.77%

Public Transport Monthly Pass (Regular Price)

$46.15 €39.85

$85.1 ISK 10.6K

-45.76%

Taxi Start (Normal Tariff)

$4.23 €3.66

$6.16 ISK 769

-31.33%

Taxi (Normal Tariff) (1km)

$0.86 €0.75

$2.53 ISK 316

-66.01%

Taxi 1hour Waiting (Normal Tariff)

$18.68 €16.13

$84.9 ISK 10.6K

-77.99%

Gasoline (1 liter)

$2.09 €1.81

$2.54 ISK 317

-17.72%

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

$34.5K €29.8K

$46.9K ISK 5.9M

-26.48%

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

$39.6K €34.2K

$52.8K ISK 6.6M

-24.84%

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

$148 €128

$67.3 ISK 8,397

120.38%

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

$20.98 €18.11

$27.38 ISK 3,416

-23.37%

Internet (50+ Mbps, Unlimited Data)

$39.65 €34.24

$86 ISK 10.7K

-53.87%

Gym Membership (Monthly)

$47.92 €41.37

$64.2 ISK 8,014

-25.40%

Tennis Court (1 Hour on Weekend)

$18.57 €16.03

Cinema Ticket

$9.38 €8.1

$16.58 ISK 2,068

-43.43%

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

$607 €524

$318 ISK 39.7K

90.97%

International Primary School, 1 Child (Yearly)

$16.1K €13.9K

$29.5K ISK 3.7M

-45.40%

Jeans (Levis 501 Or Similar)

$104 €90.1

$122 ISK 15.2K

-14.46%

Summer Dress (H&M, Zara, etc)

$41.09 €35.48

$60.4 ISK 7,532

-31.95%

Sport Shoes (Adidas, Nike)

$92.7 €80

$119 ISK 14.8K

-21.96%

Men's Leather Business Shoes

$119 €102

$266 ISK 33.1K

-55.32%

1-bedroom Apartment, City Center (Monthly)

$1,592 €1,375

$2,450 ISK 305.7K

-35.02%

1-bedroom Apartment, Outside City Center (Monthly)

$1,262 €1,090

$1,972 ISK 246K

-35.99%

3-bedroom Apartment, City Center (Monthly)

$3,046 €2,630

$3,228 ISK 402.7K

-5.64%

3-bedroom Apartment, Outside City Center (Monthly)

$2,069 €1,787

$2,556 ISK 318.8K

-19.04%

Buy Apartment in City Center (m2)

$7,280 €6,286

$6,999 ISK 873.1K

4.02%

Buy Apartment Outside City Center (m2)

$4,549 €3,928

$6,881 ISK 858.4K

-33.89%

Average Monthly Net Salary (After Tax)

$1,462 €1,263

$4,723 ISK 589.2K

-69.04%

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 Hafnarfjordur: October 29, 2025

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