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

😐 Solo nomad: Njardvik is 33.5% more expensive than Akureyri without rent, and 5.4% more expensive with rent.

😐 Family of 3: Njardvik is 70.8% more expensive than Akureyri without rent, and 31.5% more expensive with rent.

Meal at Budget Restaurant

$24.36 ISK 3,068

$23.74 ISK 2,990

2.61%

Three-Course Dinner for Two, Mid-Range

$98.1 ISK 12.4K

$131 ISK 16.5K

-24.89%

Fast Food Meal (McDonalds, etc)

$16.36 ISK 2,061

$22.36 ISK 2,816

-26.83%

Cappuccino

$6.27 ISK 789

$4.82 ISK 607

30.08%

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

$1.66 ISK 209

$3.44 ISK 434

-51.74%

Water (0.33 liter bottle)

$2.44 ISK 308

$3.05 ISK 385

-20.00%

Local Beer (0.5 liter draught)

$10.57 ISK 1,332

$11.05 ISK 1,391

-4.34%

Imported Beer (0.33 liter bottle)

$11.47 ISK 1,445

$9.27 ISK 1,168

23.73%

Milk (1 liter)

$1.95 ISK 245

$2.73 ISK 344

-28.57%

White Bread (500g)

$4.19 ISK 527

$2.23 ISK 281

87.89%

Rice (white) (1kg)

$3.71 ISK 468

$3.06 ISK 386

21.24%

Eggs

$6.28 ISK 791

$8.24 ISK 1,038

-23.79%

Local Cheese (1kg)

$17.87 ISK 2,251

Chicken Fillets (1kg)

$24.11 ISK 3,036

$24.39 ISK 3,072

-1.15%

Beef Round Steak (1kg)

$42.03 ISK 5,294

Apples (1kg)

$3.34 ISK 420

Banana (1kg)

$2.52 ISK 317

Oranges (1kg)

$3.13 ISK 394

Tomato (1kg)

$5.03 ISK 634

Potato (1kg)

$3.56 ISK 448

Onion (1kg)

$2.35 ISK 296

Lettuce (1 head)

$3.20 ISK 403

Water (1.5 liter bottle)

$1.95 ISK 246

Cigarettes 20 Pack (Marlboro, Camel)

$13.44 ISK 1,692

$13.34 ISK 1,680

0.75%

Wine (Bottle)

$23.76 ISK 2,993

Local Beer (0.5 liter bottle)

$3.55 ISK 447

Imported Beer (0.33 liter bottle)

$3.36 ISK 424

Taxi Start (Normal Tariff)

$6.47 ISK 815

Taxi (Normal Tariff) (1km)

$2.52 ISK 318

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.6K

Gasoline (1 liter)

$2.54 ISK 320

$2.45 ISK 308

3.67%

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

$48.1K ISK 6.1M

$39.6K ISK 5.0M

21.41%

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

$53.1K ISK 6.7M

$63.2K ISK 8.0M

-16.07%

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

$88.8 ISK 11.2K

$120 ISK 15.1K

-26.04%

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

$27.78 ISK 3,499

$25.23 ISK 3,177

10.11%

Internet (50+ Mbps, Unlimited Data)

$83.8 ISK 10.6K

$162 ISK 20.3K

-48.14%

Gym Membership (Monthly)

$79.4 ISK 10.0K

$82.8 ISK 10.4K

-4.02%

Cinema Ticket

$17.68 ISK 2,227

$15.34 ISK 1,932

15.25%

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

$322 ISK 40.5K

$355 ISK 44.7K

-9.26%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

$81.7 ISK 10.3K

46.97%

Summer Dress (H&M, Zara, etc)

$62.3 ISK 7,841

Sport Shoes (Adidas, Nike)

$183 ISK 23.1K

$122 ISK 15.4K

49.67%

Men's Leather Business Shoes

$269 ISK 33.9K

1-bedroom Apartment, City Center (Monthly)

$1,740 ISK 219.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,470 ISK 185.2K

$1,753 ISK 220.8K

-16.13%

3-bedroom Apartment, Outside City Center (Monthly)

$2,611 ISK 328.9K

$2,121 ISK 267.1K

23.14%

Buy Apartment in City Center (m2)

$6,473 ISK 815.3K

Buy Apartment Outside City Center (m2)

$6,305 ISK 794.2K

Average Monthly Net Salary (After Tax)

$3,882 ISK 488.9K

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: January 10, 2026

Last update for Akureyri: January 12, 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

Similar cities

Copenhagen

🇩🇰 Denmark

Chicago, IL

🇺🇸 United States

Oslo

🇳🇴 Norway

Dallas, TX

🇺🇸 United States

Denver, CO

🇺🇸 United States

Portland, OR

🇺🇸 United States

Rotterdam

🇳🇱 Netherlands

Cork

🇮🇪 Ireland