Cost of Living Comparison Between Reykjavik and Blonduos Cost of Living Comparison Between Reykjavik and Blonduos

Monthly Cost of Living

A single person spends $4,048 per month in Reykjavik vs $1,684 in Blonduos, rent included.

A couple spends around $5,736 per month in Reykjavik vs $2,977 in Blonduos, rent included.

A family of three spends $7,424 per month in Reykjavik vs $4,271 in Blonduos, rent included.

Reykjavik costs about 140% more than Blonduos, driven mainly by Getting Around.

Both Reykjavik and Blonduos sit above the global median – Reykjavik by 195%, Blonduos by 23%.

Meal at Budget Restaurant

$30.26 ISK 3,667

$30.19 ISK 3,659

0.23%

Three-Course Dinner for Two, Mid-Range

$135 ISK 16.4K

$134 ISK 16.2K

1.21%

Fast Food Meal (McDonalds, etc)

$26.29 ISK 3,186

$26.94 ISK 3,265

-2.41%

Cappuccino

$6.95 ISK 842

$6.72 ISK 814

3.42%

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

$3.30 ISK 400

$3.33 ISK 403

-0.90%

Water (0.33 liter bottle)

$3.35 ISK 406

$3.33 ISK 403

0.60%

Local Beer (0.5 liter draught)

$14.06 ISK 1,704

$14.26 ISK 1,728

-1.40%

Imported Beer (0.33 liter bottle)

$12.60 ISK 1,527

$12.27 ISK 1,486

2.69%

Milk (1 liter)

$2.10 ISK 254

$2.13 ISK 258

-1.41%

White Bread (500g)

$4.47 ISK 542

$4.37 ISK 529

2.29%

Rice (white) (1kg)

$3.59 ISK 436

$3.64 ISK 441

-1.37%

Eggs

$7.13 ISK 865

$7.29 ISK 883

-2.19%

Local Cheese (1kg)

$21.34 ISK 2,586

$21.52 ISK 2,608

-0.84%

Chicken Fillets (1kg)

$24.37 ISK 2,953

$24.68 ISK 2,991

-1.26%

Beef Round Steak (1kg)

$42.10 ISK 5,102

$41.32 ISK 5,007

1.89%

Apples (1kg)

$3.35 ISK 406

$3.48 ISK 421

-3.74%

Banana (1kg)

$2.82 ISK 341

$2.82 ISK 342

Oranges (1kg)

$3.21 ISK 389

$3.16 ISK 383

1.58%

Tomato (1kg)

$6.24 ISK 756

$6.18 ISK 748

0.97%

Potato (1kg)

$4.01 ISK 487

$3.92 ISK 475

2.30%

Onion (1kg)

$1.70 ISK 206

$1.71 ISK 208

-0.58%

Lettuce (1 head)

$3.83 ISK 464

$3.68 ISK 446

4.08%

Water (1.5 liter bottle)

$1.78 ISK 216

$1.81 ISK 220

-1.66%

Cigarettes 20 Pack (Marlboro, Camel)

$13.75 ISK 1,666

$13.91 ISK 1,685

-1.15%

Wine (Bottle)

$24.28 ISK 2,942

$23.56 ISK 2,855

3.06%

Local Beer (0.5 liter bottle)

$3.79 ISK 460

$3.86 ISK 468

-1.81%

Imported Beer (0.33 liter bottle)

$3.45 ISK 418

$3.51 ISK 425

-1.71%

One-way Ticket (Public Transport)

$5.81 ISK 704

Public Transport Monthly Pass (Regular Price)

$92.7 ISK 11.2K

Taxi Start (Normal Tariff)

$6.84 ISK 829

$6.85 ISK 829

-0.15%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$2.79 ISK 338

3.94%

Taxi 1hour Waiting (Normal Tariff)

$74.5 ISK 9,033

$74.2 ISK 8,991

0.46%

Gasoline (1 liter)

$2.00 ISK 242

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

$50.6K ISK 6.1M

$51.0K ISK 6.2M

-0.90%

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

$53.4K ISK 6.5M

$53.2K ISK 6.4M

0.50%

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

$89.6 ISK 10.9K

$88.8 ISK 10.8K

0.86%

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

$33.11 ISK 4,013

$32.48 ISK 3,936

1.94%

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.3K

$85.9 ISK 10.4K

-0.86%

Gym Membership (Monthly)

$99.0 ISK 12.0K

Tennis Court (1 Hour on Weekend)

$50.3 ISK 6,100

Cinema Ticket

$19.43 ISK 2,354

$20.08 ISK 2,433

-3.24%

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

$1,173 ISK 142.1K

$1,210 ISK 146.6K

-3.05%

International Primary School, 1 Child (Yearly)

$31.2K ISK 3.8M

$31.1K ISK 3.8M

0.33%

Jeans (Levis 501 Or Similar)

$161 ISK 19.5K

$160 ISK 19.4K

0.76%

Summer Dress (H&M, Zara, etc)

$65.1 ISK 7,890

$66.6 ISK 8,076

-2.30%

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

$177 ISK 21.4K

3.54%

Men's Leather Business Shoes

$249 ISK 30.2K

$251 ISK 30.4K

-0.67%

1-bedroom Apartment, City Center (Monthly)

$2,506 ISK 303.7K

1-bedroom Apartment, Outside City Center (Monthly)

$2,092 ISK 253.5K

3-bedroom Apartment, City Center (Monthly)

$3,408 ISK 413.0K

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.5K

Buy Apartment in City Center (m2)

$7,972 ISK 966.1K

Buy Apartment Outside City Center (m2)

$6,354 ISK 770.0K

Average Monthly Net Salary (After Tax)

$4,606 ISK 558.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

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

Last update for Reykjavik: August 29, 2026

Last update for Blonduos: August 30, 2026

Cost Breakdown

A mid-range dinner for two costs $135 in Reykjavik versus $134 in Blonduos. Monthly groceries follow the same trend: $625 vs $624 – making Blonduos the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Reykjavik vs Blonduos: Cost of Living - Frequently Asked Questions

Reykjavik costs about 140% more than Blonduos, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $6,073 per month in Reykjavik and $2,525 in Blonduos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $135 in Reykjavik and $134 in Blonduos. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 0% more in Reykjavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Blonduos, where all-in costs run around $1,684, than in Reykjavik at $4,048. In Blonduos it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Blonduos costs $1,684 versus $4,048 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Blonduos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Reykjavik makes more sense. Both are solid long-term options with distinct trade-offs.