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

🙂 Solo nomad: Lisbon is 43.6% cheaper than Hafnarfjordur without rent, and 39.6% cheaper with rent.

🙂 Family of 3: Lisbon is 48.5% cheaper than Hafnarfjordur without rent, and 36.2% cheaper with rent.

Meal at Budget Restaurant

$16.17 €13.94

$27.05 ISK 3,407

-40.22%

Three-Course Dinner for Two, Mid-Range

$63.5 €54.7

$144 ISK 18.1K

-55.86%

Fast Food Meal (McDonalds, etc)

$10.40 €8.96

$16.33 ISK 2,057

-36.31%

Cappuccino

$2.77 €2.38

$6.19 ISK 780

-55.25%

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

$2.32 €2.00

$3.30 ISK 416

-29.70%

Water (0.33 liter bottle)

$1.54 €1.33

$2.52 ISK 317

-38.89%

Local Beer (0.5 liter draught)

$3.55 €3.06

$12.82 ISK 1,615

-72.31%

Imported Beer (0.33 liter bottle)

$3.90 €3.36

$11.18 ISK 1,409

-65.12%

Milk (1 liter)

$1.13 €0.98

$1.64 ISK 207

-31.10%

White Bread (500g)

$1.83 €1.58

$4.25 ISK 536

-56.94%

Rice (white) (1kg)

$1.77 €1.53

$3.61 ISK 455

-50.97%

Eggs

$3.13 €2.70

$6.53 ISK 822

-52.07%

Local Cheese (1kg)

$13.19 €11.37

$18.48 ISK 2,328

-28.63%

Chicken Fillets (1kg)

$7.80 €6.73

$24.11 ISK 3,038

-67.65%

Beef Round Steak (1kg)

$15.93 €13.73

$42.19 ISK 5,315

-62.24%

Apples (1kg)

$2.27 €1.96

$3.24 ISK 408

-29.94%

Banana (1kg)

$1.72 €1.48

$2.46 ISK 310

-30.08%

Oranges (1kg)

$1.98 €1.71

$2.99 ISK 377

-33.78%

Tomato (1kg)

$2.44 €2.10

$5.09 ISK 641

-52.06%

Potato (1kg)

$1.80 €1.55

$3.57 ISK 449

-49.58%

Onion (1kg)

$2.05 €1.77

$2.33 ISK 293

-12.02%

Lettuce (1 head)

$1.91 €1.65

$3.10 ISK 390

-38.39%

Water (1.5 liter bottle)

$0.78 €0.68

$2.03 ISK 255

-61.58%

Cigarettes 20 Pack (Marlboro, Camel)

$6.65 €5.73

$13.49 ISK 1,699

-50.70%

Wine (Bottle)

$5.67 €4.89

$24.10 ISK 3,036

-76.47%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$3.62 ISK 456

-63.26%

Imported Beer (0.33 liter bottle)

$3.00 €2.59

$3.23 ISK 407

-7.12%

One-way Ticket (Public Transport)

$2.34 €2.02

$5.17 ISK 652

-54.74%

Public Transport Monthly Pass (Regular Price)

$46.03 €39.68

$83.4 ISK 10.5K

-44.83%

Taxi Start (Normal Tariff)

$4.25 €3.67

$6.17 ISK 777

-31.12%

Taxi (Normal Tariff) (1km)

$0.80 €0.69

$2.64 ISK 332

-69.70%

Taxi 1hour Waiting (Normal Tariff)

$18.60 €16.03

$86.5 ISK 10.9K

-78.49%

Gasoline (1 liter)

$2.07 €1.78

$2.48 ISK 313

-16.53%

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

$34.2K €29.5K

$46.5K ISK 5.9M

-26.39%

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

$39.0K €33.6K

$52.8K ISK 6.7M

-26.15%

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

$147 €127

$67.5 ISK 8,507

117.43%

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

$20.52 €17.69

$27.42 ISK 3,454

-25.16%

Internet (50+ Mbps, Unlimited Data)

$40.18 €34.64

$85.3 ISK 10.7K

-52.87%

Gym Membership (Monthly)

$49.53 €42.70

$63.7 ISK 8,026

-22.26%

Tennis Court (1 Hour on Weekend)

$18.68 €16.10

Cinema Ticket

$9.10 €7.85

$16.37 ISK 2,063

-44.41%

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

$613 €529

$316 ISK 39.8K

93.85%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

$29.8K ISK 3.7M

-45.10%

Jeans (Levis 501 Or Similar)

$102 €88.2

$120 ISK 15.1K

-14.74%

Summer Dress (H&M, Zara, etc)

$40.77 €35.14

$61.8 ISK 7,784

-34.02%

Sport Shoes (Adidas, Nike)

$94.6 €81.6

$122 ISK 15.3K

-22.12%

Men's Leather Business Shoes

$119 €102

$265 ISK 33.4K

-55.35%

1-bedroom Apartment, City Center (Monthly)

$1,625 €1,401

$2,373 ISK 299.0K

-31.51%

1-bedroom Apartment, Outside City Center (Monthly)

$1,253 €1,080

$2,041 ISK 257.1K

-38.62%

3-bedroom Apartment, City Center (Monthly)

$3,126 €2,695

$3,241 ISK 408.3K

-3.56%

3-bedroom Apartment, Outside City Center (Monthly)

$2,042 €1,760

$2,555 ISK 321.8K

-20.07%

Buy Apartment in City Center (m2)

$7,814 €6,735

$6,838 ISK 861.3K

14.28%

Buy Apartment Outside City Center (m2)

$4,389 €3,783

$6,703 ISK 844.4K

-34.52%

Average Monthly Net Salary (After Tax)

$1,516 €1,307

$4,521 ISK 569.5K

-66.46%

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: January 11, 2026

Last update for Hafnarfjordur: January 11, 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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