Cost of Living Comparison Between New York, NY and Kopavogur Cost of Living Comparison Between New York, NY and Kopavogur

🙂 Solo nomad: New York, NY is 9.4% cheaper than Kopavogur without rent, and 163.4% more expensive with rent.

😐 Family of 3: New York, NY is 13.5% more expensive than Kopavogur without rent, and 136.7% more expensive with rent.

Meal at Budget Restaurant

$30.05 $30.05

$27.01 ISK 3,402

11.26%

Three-Course Dinner for Two, Mid-Range

$142 $142

$95.2 ISK 12.0K

49.37%

Fast Food Meal (McDonalds, etc)

$12.27 $12.27

$22.81 ISK 2,873

-46.21%

Cappuccino

$5.99 $5.99

$5.99 ISK 755

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

$3.31 $3.31

$2.07 ISK 260

59.90%

Water (0.33 liter bottle)

$2.71 $2.71

$2.61 ISK 329

3.83%

Local Beer (0.5 liter draught)

$8.23 $8.23

$10.39 ISK 1,309

-20.79%

Imported Beer (0.33 liter bottle)

$12.04 $12.04

$11.12 ISK 1,401

8.27%

Milk (1 liter)

$1.53 $1.53

$1.71 ISK 215

-10.53%

White Bread (500g)

$5.19 $5.19

$4.30 ISK 542

20.70%

Rice (white) (1kg)

$8.41 $8.41

$3.74 ISK 471

124.87%

Eggs

$7.21 $7.21

$6.23 ISK 785

15.73%

Local Cheese (1kg)

$17.68 $17.68

$17.88 ISK 2,253

-1.12%

Chicken Fillets (1kg)

$16.44 $16.44

$24.24 ISK 3,053

-32.18%

Beef Round Steak (1kg)

$19.98 $19.98

$42.31 ISK 5,329

-52.78%

Apples (1kg)

$7.34 $7.34

$3.25 ISK 409

125.85%

Banana (1kg)

$2.48 $2.48

$2.54 ISK 319

-2.36%

Oranges (1kg)

$5.70 $5.70

$2.97 ISK 375

91.92%

Tomato (1kg)

$6.55 $6.55

$4.86 ISK 613

34.77%

Potato (1kg)

$3.85 $3.85

$3.52 ISK 443

9.38%

Onion (1kg)

$3.96 $3.96

$2.37 ISK 298

67.09%

Lettuce (1 head)

$3.09 $3.09

$3.17 ISK 399

-2.52%

Water (1.5 liter bottle)

$2.48 $2.48

$1.99 ISK 251

24.62%

Cigarettes 20 Pack (Marlboro, Camel)

$19.19 $19.19

$13.54 ISK 1,706

41.73%

Wine (Bottle)

$18.35 $18.35

$23.57 ISK 2,970

-22.15%

Local Beer (0.5 liter bottle)

$2.99 $2.99

$3.61 ISK 455

-17.17%

Imported Beer (0.33 liter bottle)

$3.81 $3.81

$3.38 ISK 425

12.72%

One-way Ticket (Public Transport)

$2.95 $2.95

$4.35 ISK 547

-32.18%

Public Transport Monthly Pass (Regular Price)

$134 $134

$73.6 ISK 9,274

82.45%

Taxi Start (Normal Tariff)

$4.92 $4.92

$5.71 ISK 719

-13.84%

Taxi (Normal Tariff) (1km)

$2.11 $2.11

$2.65 ISK 334

-20.38%

Taxi 1hour Waiting (Normal Tariff)

$42.15 $42.15

$87.0 ISK 11.0K

-51.52%

Gasoline (1 liter)

$0.97 $0.97

$2.44 ISK 307

-60.25%

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

$35.3K $35.3K

$47.5K ISK 6.0M

-25.62%

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

$27.5K $27.5K

$52.7K ISK 6.6M

-47.82%

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

$182 $182

$89.4 ISK 11.3K

103.22%

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

$59.3 $59.3

$26.93 ISK 3,392

120.31%

Internet (50+ Mbps, Unlimited Data)

$62.9 $62.9

$86.0 ISK 10.8K

-26.95%

Gym Membership (Monthly)

$142 $142

$69.4 ISK 8,747

103.85%

Tennis Court (1 Hour on Weekend)

$65.2 $65.2

Cinema Ticket

$20.25 $20.25

$16.39 ISK 2,065

23.55%

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

$3,193 $3,193

$318 ISK 40.1K

902.68%

International Primary School, 1 Child (Yearly)

$57.7K $57.7K

$30.5K ISK 3.8M

89.00%

Jeans (Levis 501 Or Similar)

$68.0 $68.0

$140 ISK 17.7K

-51.58%

Summer Dress (H&M, Zara, etc)

$47.71 $47.71

$52.1 ISK 6,560

-8.39%

Sport Shoes (Adidas, Nike)

$114 $114

$160 ISK 20.2K

-28.74%

Men's Leather Business Shoes

$171 $171

$269 ISK 33.9K

-36.40%

1-bedroom Apartment, City Center (Monthly)

$4,152 $4,152

1-bedroom Apartment, Outside City Center (Monthly)

$2,695 $2,695

3-bedroom Apartment, City Center (Monthly)

$8,492 $8,492

3-bedroom Apartment, Outside City Center (Monthly)

$5,225 $5,225

Buy Apartment in City Center (m2)

$21.5K $21.5K

$5,943 ISK 748.6K

262.38%

Buy Apartment Outside City Center (m2)

$10.0K $10.0K

$5,918 ISK 745.5K

69.24%

Average Monthly Net Salary (After Tax)

$5,197 $5,197

$5,169 ISK 651.2K

0.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.44

9.63

-33.13%

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

Last update for New York, NY: January 12, 2026

Last update for Kopavogur: January 13, 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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