Cost of Living Comparison Between Njardvik and Akureyri Cost of Living Comparison Between Njardvik and Akureyri

😐 Solo nomad: Njardvik is 42.9% more expensive than Akureyri without rent, and 6% more expensive with rent.

😐 Family of 3: Njardvik is 34.6% more expensive than Akureyri without rent, and 36.1% more expensive with rent.

Meal at Budget Restaurant

$24.05 ISK 3,010

$24.36 ISK 3,049

-1.27%

Three-Course Dinner for Two, Mid-Range

$98.2 ISK 12.3K

$129 ISK 16.1K

-23.63%

Fast Food Meal (McDonalds, etc)

$16.26 ISK 2,035

$22.26 ISK 2,786

-26.95%

Cappuccino

$6.15 ISK 770

$4.94 ISK 618

24.49%

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

$1.58 ISK 198

$3.40 ISK 426

-53.53%

Water (0.33 liter bottle)

$2.34 ISK 293

$2.94 ISK 368

-20.41%

Local Beer (0.5 liter draught)

$10.47 ISK 1,311

$10.83 ISK 1,355

-3.32%

Imported Beer (0.33 liter bottle)

$11.22 ISK 1,404

$9.15 ISK 1,145

22.62%

Milk (1 liter)

$1.89 ISK 237

$2.75 ISK 344

-31.27%

White Bread (500g)

$4.20 ISK 526

$2.26 ISK 282

85.84%

Rice (white) (1kg)

$3.68 ISK 461

$2.97 ISK 372

23.91%

Eggs

$6.47 ISK 810

$8.20 ISK 1,026

-21.10%

Local Cheese (1kg)

$18.33 ISK 2,294

Chicken Fillets (1kg)

$23.76 ISK 2,973

$23.90 ISK 2,991

-0.59%

Beef Round Steak (1kg)

$41.57 ISK 5,202

Apples (1kg)

$3.29 ISK 412

Banana (1kg)

$2.52 ISK 315

Oranges (1kg)

$2.98 ISK 372

Tomato (1kg)

$5.02 ISK 628

Potato (1kg)

$3.69 ISK 462

Onion (1kg)

$2.40 ISK 301

Lettuce (1 head)

$3.14 ISK 394

Water (1.5 liter bottle)

$2.00 ISK 250

Cigarettes 20 Pack (Marlboro, Camel)

$13.48 ISK 1,687

$13.29 ISK 1,663

1.43%

Wine (Bottle)

$23.93 ISK 2,994

Local Beer (0.5 liter bottle)

$3.62 ISK 453

Imported Beer (0.33 liter bottle)

$3.32 ISK 416

Taxi Start (Normal Tariff)

$6.31 ISK 790

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.43 ISK 305

$2.58 ISK 323

-5.81%

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

$48.2K ISK 6.0M

$39.8K ISK 5.0M

21.02%

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

$51.5K ISK 6.4M

$64.6K ISK 8.1M

-20.31%

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

$87.0 ISK 10.9K

$120 ISK 15.0K

-27.55%

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

$27.82 ISK 3,482

$25.46 ISK 3,186

9.27%

Internet (50+ Mbps, Unlimited Data)

$85.8 ISK 10.7K

$160 ISK 20.0K

-46.42%

Gym Membership (Monthly)

$81.2 ISK 10.2K

$82.2 ISK 10.3K

-1.24%

Cinema Ticket

$17.64 ISK 2,207

$14.83 ISK 1,856

18.95%

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

$326 ISK 40.8K

$355 ISK 44.4K

-8.04%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$119 ISK 14.8K

$80.5 ISK 10.1K

47.22%

Summer Dress (H&M, Zara, etc)

$60.5 ISK 7,576

Sport Shoes (Adidas, Nike)

$186 ISK 23.3K

$120 ISK 15.0K

54.95%

Men's Leather Business Shoes

$271 ISK 33.9K

1-bedroom Apartment, City Center (Monthly)

$1,742 ISK 217.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,425 ISK 178.3K

$1,788 ISK 223.8K

-20.33%

3-bedroom Apartment, Outside City Center (Monthly)

$2,665 ISK 333.5K

$2,094 ISK 262.0K

27.29%

Buy Apartment in City Center (m2)

$6,470 ISK 809.7K

Buy Apartment Outside City Center (m2)

$6,520 ISK 816.0K

Average Monthly Net Salary (After Tax)

$4,037 ISK 505.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

9.4

2.45%

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

Last update for Njardvik: February 28, 2026

Last update for Akureyri: 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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