Cost of Living Comparison Between Lisbon and Kirkjubaejarklaustur Cost of Living Comparison Between Lisbon and Kirkjubaejarklaustur

🙂 Solo nomad: Lisbon is 39.7% cheaper than Kirkjubaejarklaustur without rent, and 39.8% more expensive with rent.

🙂 Family of 3: Lisbon is 46.6% cheaper than Kirkjubaejarklaustur without rent, and 6.9% more expensive with rent.

Meal at Budget Restaurant

$15.92 €13.67

$26.98 ISK 3,353

-40.99%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.4

$147 ISK 18.3K

-56.18%

Fast Food Meal (McDonalds, etc)

$10.54 €9.06

$22.16 ISK 2,754

-52.44%

Cappuccino

$2.91 €2.50

$5.94 ISK 738

-51.01%

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

$2.30 €1.97

$3.28 ISK 408

-29.88%

Water (0.33 liter bottle)

$1.57 €1.35

$2.65 ISK 329

-40.75%

Local Beer (0.5 liter draught)

$3.44 €2.96

$12.66 ISK 1,573

-72.83%

Imported Beer (0.33 liter bottle)

$3.87 €3.32

$11.39 ISK 1,415

-66.02%

Milk (1 liter)

$1.14 €0.98

$1.89 ISK 234

-39.68%

White Bread (500g)

$1.79 €1.54

$4.38 ISK 544

-59.13%

Rice (white) (1kg)

$1.75 €1.50

$3.67 ISK 456

-52.32%

Eggs

$3.23 €2.78

$6.31 ISK 784

-48.81%

Local Cheese (1kg)

$13.22 €11.36

$18.48 ISK 2,296

-28.46%

Chicken Fillets (1kg)

$8.03 €6.89

$24.53 ISK 3,049

-67.26%

Beef Round Steak (1kg)

$16.00 €13.74

$43.05 ISK 5,349

-62.83%

Apples (1kg)

$2.33 €2.00

$3.26 ISK 405

-28.53%

Banana (1kg)

$1.65 €1.42

$2.54 ISK 316

-35.04%

Oranges (1kg)

$1.94 €1.67

$3.07 ISK 382

-36.81%

Tomato (1kg)

$2.44 €2.09

$4.93 ISK 613

-50.51%

Potato (1kg)

$1.83 €1.57

$3.57 ISK 443

-48.74%

Onion (1kg)

$2.08 €1.79

$2.34 ISK 291

-11.11%

Lettuce (1 head)

$2.00 €1.72

$3.17 ISK 394

-36.91%

Water (1.5 liter bottle)

$0.80 €0.69

$1.92 ISK 239

-58.33%

Cigarettes 20 Pack (Marlboro, Camel)

$6.74 €5.79

$13.93 ISK 1,731

-51.62%

Wine (Bottle)

$5.80 €4.98

$24.11 ISK 2,997

-75.94%

Local Beer (0.5 liter bottle)

$1.34 €1.15

$3.68 ISK 457

-63.59%

Imported Beer (0.33 liter bottle)

$3.01 €2.59

$3.36 ISK 418

-10.42%

One-way Ticket (Public Transport)

$2.37 €2.03

Public Transport Monthly Pass (Regular Price)

$46.20 €39.69

Taxi Start (Normal Tariff)

$4.07 €3.50

$6.21 ISK 772

-34.46%

Taxi (Normal Tariff) (1km)

$0.87 €0.75

$2.61 ISK 325

-66.67%

Taxi 1hour Waiting (Normal Tariff)

$18.58 €15.96

$85.4 ISK 10.6K

-78.23%

Gasoline (1 liter)

$2.09 €1.79

$2.44 ISK 303

-14.34%

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

$34.8K €29.9K

$46.7K ISK 5.8M

-25.49%

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

$38.8K €33.3K

$52.1K ISK 6.5M

-25.55%

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

$150 €129

$88.3 ISK 11.0K

70.26%

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

$20.62 €17.71

$27.57 ISK 3,427

-25.21%

Internet (50+ Mbps, Unlimited Data)

$40.09 €34.44

$86.1 ISK 10.7K

-53.45%

Gym Membership (Monthly)

$47.85 €41.10

Tennis Court (1 Hour on Weekend)

$18.37 €15.78

Cinema Ticket

$9.32 €8.00

$17.75 ISK 2,206

-47.49%

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

$615 €528

$320 ISK 39.7K

92.32%

International Primary School, 1 Child (Yearly)

$16.4K €14.1K

$29.6K ISK 3.7M

-44.55%

Jeans (Levis 501 Or Similar)

$104 €89.5

$138 ISK 17.1K

-24.23%

Summer Dress (H&M, Zara, etc)

$41.10 €35.30

$61.7 ISK 7,663

-33.35%

Sport Shoes (Adidas, Nike)

$95.3 €81.9

$179 ISK 22.2K

-46.77%

Men's Leather Business Shoes

$120 €103

$262 ISK 32.6K

-54.18%

1-bedroom Apartment, City Center (Monthly)

$1,630 €1,400

1-bedroom Apartment, Outside City Center (Monthly)

$1,229 €1,056

3-bedroom Apartment, City Center (Monthly)

$3,018 €2,592

3-bedroom Apartment, Outside City Center (Monthly)

$2,004 €1,722

Buy Apartment in City Center (m2)

$7,872 €6,762

Buy Apartment Outside City Center (m2)

$4,319 €3,710

Average Monthly Net Salary (After Tax)

$1,611 €1,384

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 Kirkjubaejarklaustur: March 3, 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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