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

😐 Solo nomad: Njardvik is 62% more expensive than Akureyri without rent, and 3.8% more expensive with rent.

😐 Family of 3: Njardvik is 82.9% more expensive than Akureyri without rent, and 31.6% more expensive with rent.

Meal at Budget Restaurant

$23.75 ISK 2,963

$24.23 ISK 3,023

-1.98%

Three-Course Dinner for Two, Mid-Range

$94.6 ISK 11.8K

$126 ISK 15.8K

-25.22%

Fast Food Meal (McDonalds, etc)

$16.18 ISK 2,018

$22 ISK 2,744

-26.45%

Cappuccino

$6.19 ISK 772

$4.73 ISK 591

30.87%

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

$1.57 ISK 195

$3.43 ISK 428

-54.23%

Water (0.33 liter bottle)

$2.34 ISK 292

$3.04 ISK 380

-23.03%

Local Beer (0.5 liter draught)

$10.3 ISK 1,285

$10.74 ISK 1,339

-4.10%

Imported Beer (0.33 liter bottle)

$11.3 ISK 1,409

$9.04 ISK 1,127

25.00%

Milk (1 liter)

$1.95 ISK 244

$2.84 ISK 354

-31.34%

White Bread (500g)

$4.35 ISK 543

$2.32 ISK 289

87.50%

Rice (white) (1kg)

$3.67 ISK 458

$3.03 ISK 377

21.12%

Eggs

$6.29 ISK 785

$8.18 ISK 1,021

-23.11%

Local Cheese (1kg)

$18.4 ISK 2,296

Chicken Fillets (1kg)

$24.04 ISK 2,999

$24.06 ISK 3,001

-0.08%

Beef Round Steak (1kg)

$42.18 ISK 5,262

Apples (1kg)

$3.33 ISK 415

Banana (1kg)

$2.42 ISK 302

Oranges (1kg)

$2.96 ISK 370

Tomato (1kg)

$5.06 ISK 631

Potato (1kg)

$3.71 ISK 462

Onion (1kg)

$2.35 ISK 293

Lettuce (1 head)

$3.07 ISK 383

Water (1.5 liter bottle)

$1.96 ISK 244

Cigarettes 20 Pack (Marlboro, Camel)

$13.91 ISK 1,735

$13.68 ISK 1,706

1.68%

Wine (Bottle)

$24.15 ISK 3,013

Local Beer (0.5 liter bottle)

$3.72 ISK 464

Imported Beer (0.33 liter bottle)

$3.33 ISK 415

Taxi Start (Normal Tariff)

$6.33 ISK 790

Taxi (Normal Tariff) (1km)

$2.6 ISK 324

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 10.9K

Gasoline (1 liter)

$2.55 ISK 319

$2.51 ISK 313

1.59%

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

$46.5K ISK 5.8M

$40.6K ISK 5.1M

14.50%

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

$53K ISK 6.6M

$64.7K ISK 8.1M

-18.05%

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

$88.9 ISK 11.1K

$123 ISK 15.3K

-27.45%

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

$27.69 ISK 3,455

$24.89 ISK 3,106

11.25%

Internet (50+ Mbps, Unlimited Data)

$86 ISK 10.7K

$162 ISK 20.2K

-46.93%

Gym Membership (Monthly)

$80.8 ISK 10.1K

$82.7 ISK 10.3K

-2.29%

Cinema Ticket

$17.25 ISK 2,152

$15.29 ISK 1,907

12.82%

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

$320 ISK 39.9K

$360 ISK 44.9K

-11.11%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

$80.8 ISK 10.1K

49.87%

Summer Dress (H&M, Zara, etc)

$60.9 ISK 7,600

Sport Shoes (Adidas, Nike)

$181 ISK 22.6K

$119 ISK 14.8K

52.44%

Men's Leather Business Shoes

$262 ISK 32.7K

1-bedroom Apartment, City Center (Monthly)

$1,794 ISK 223.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,462 ISK 182.4K

$1,803 ISK 224.9K

-18.90%

3-bedroom Apartment, Outside City Center (Monthly)

$2,673 ISK 333.5K

$2,140 ISK 266.9K

24.93%

Buy Apartment in City Center (m2)

$6,404 ISK 798.8K

Buy Apartment Outside City Center (m2)

$6,379 ISK 795.8K

Average Monthly Net Salary (After Tax)

$3,927 ISK 489.9K

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: October 28, 2025

Last update for Akureyri: October 27, 2025

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