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 7.1% cheaper than Kopavogur without rent, and 156.8% more expensive with rent.

😐 Family of 3: New York, NY is 13.6% more expensive than Kopavogur without rent, and 138.8% more expensive with rent.

Meal at Budget Restaurant

$30.36 $30.36

$26.64 ISK 3,393

13.96%

Three-Course Dinner for Two, Mid-Range

$144 $144

$95.5 ISK 12.2K

51.00%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$22.09 ISK 2,813

-44.23%

Cappuccino

$6.02 $6.02

$6.04 ISK 769

-0.33%

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

$3.4 $3.4

$1.99 ISK 253

70.85%

Water (0.33 liter bottle)

$2.6 $2.6

$2.52 ISK 321

3.17%

Local Beer (0.5 liter draught)

$8.23 $8.23

$10.34 ISK 1,317

-20.41%

Imported Beer (0.33 liter bottle)

$12.21 $12.21

$11.43 ISK 1,455

6.82%

Milk (1 liter)

$1.6 $1.6

$1.7 ISK 217

-5.88%

White Bread (500g)

$4.98 $4.98

$4.33 ISK 551

15.01%

Rice (white) (1kg)

$8.14 $8.14

$3.6 ISK 458

126.11%

Eggs

$6.93 $6.93

$6.26 ISK 797

10.70%

Local Cheese (1kg)

$17.39 $17.39

$18.46 ISK 2,350

-5.80%

Chicken Fillets (1kg)

$16.26 $16.26

$23.89 ISK 3,042

-31.94%

Beef Round Steak (1kg)

$20.22 $20.22

$42.06 ISK 5,357

-51.93%

Apples (1kg)

$7.71 $7.71

$3.38 ISK 430

128.11%

Banana (1kg)

$2.42 $2.42

$2.42 ISK 309

Oranges (1kg)

$5.93 $5.93

$3.1 ISK 394

91.29%

Tomato (1kg)

$6.18 $6.18

$4.97 ISK 632

24.35%

Potato (1kg)

$3.88 $3.88

$3.53 ISK 450

9.92%

Onion (1kg)

$4.06 $4.06

$2.45 ISK 312

65.71%

Lettuce (1 head)

$3.06 $3.06

$3.17 ISK 404

-3.47%

Water (1.5 liter bottle)

$2.57 $2.57

$1.93 ISK 246

33.16%

Cigarettes 20 Pack (Marlboro, Camel)

$19.05 $19.05

$13.81 ISK 1,759

37.94%

Wine (Bottle)

$17.88 $17.88

$24.04 ISK 3,061

-25.62%

Local Beer (0.5 liter bottle)

$2.94 $2.94

$3.55 ISK 452

-17.18%

Imported Beer (0.33 liter bottle)

$3.86 $3.86

$3.26 ISK 415

18.40%

One-way Ticket (Public Transport)

$2.89 $2.89

$4.51 ISK 574

-35.92%

Public Transport Monthly Pass (Regular Price)

$133 $133

$73.4 ISK 9,351

80.70%

Taxi Start (Normal Tariff)

$5.01 $5.01

$5.99 ISK 762

-16.36%

Taxi (Normal Tariff) (1km)

$2.23 $2.23

$2.54 ISK 324

-12.20%

Taxi 1hour Waiting (Normal Tariff)

$42.23 $42.23

$84.5 ISK 10.8K

-50.03%

Gasoline (1 liter)

$0.9 $0.9

$2.52 ISK 320

-64.29%

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

$35.4K $35.4K

$47.9K ISK 6.1M

-26.05%

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

$27.8K $27.8K

$51.3K ISK 6.5M

-45.83%

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

$183 $183

$87.3 ISK 11.1K

109.59%

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

$60.7 $60.7

$27.18 ISK 3,462

123.14%

Internet (50+ Mbps, Unlimited Data)

$62.9 $62.9

$83.8 ISK 10.7K

-24.97%

Gym Membership (Monthly)

$144 $144

$70 ISK 8,920

105.83%

Tennis Court (1 Hour on Weekend)

$65.4 $65.4

Cinema Ticket

$20.19 $20.19

$16.24 ISK 2,068

24.32%

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

$3,120 $3,120

$323 ISK 41.1K

867.03%

International Primary School, 1 Child (Yearly)

$57.7K $57.7K

$29.8K ISK 3.8M

93.59%

Jeans (Levis 501 Or Similar)

$66.9 $66.9

$137 ISK 17.4K

-51.13%

Summer Dress (H&M, Zara, etc)

$48.09 $48.09

$53.2 ISK 6,771

-9.55%

Sport Shoes (Adidas, Nike)

$114 $114

$161 ISK 20.5K

-29.11%

Men's Leather Business Shoes

$168 $168

$262 ISK 33.4K

-36.02%

1-bedroom Apartment, City Center (Monthly)

$4,150 $4,150

1-bedroom Apartment, Outside City Center (Monthly)

$2,682 $2,682

3-bedroom Apartment, City Center (Monthly)

$8,462 $8,462

3-bedroom Apartment, Outside City Center (Monthly)

$5,253 $5,253

Buy Apartment in City Center (m2)

$15.7K $15.7K

$5,966 ISK 759.8K

163.93%

Buy Apartment Outside City Center (m2)

$10.4K $10.4K

$5,776 ISK 735.6K

80.69%

Average Monthly Net Salary (After Tax)

$5,489 $5,489

$5,105 ISK 650.1K

7.52%

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: December 1, 2025

Last update for Kopavogur: November 30, 2025

Digital Nomad Cost of Living Index

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