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

Monthly Cost of Living

A single person spends $3,883 per month in Reykjavik vs $1,596 in Blonduos, rent included.

A couple spends around $5,535 per month in Reykjavik vs $2,781 in Blonduos, rent included.

A family of three spends $7,188 per month in Reykjavik vs $3,967 in Blonduos, rent included.

Reykjavik costs about 143% more than Blonduos, driven mainly by Getting Around.

Both Reykjavik and Blonduos sit above the global median – Reykjavik by 190%, Blonduos by 19%.

Meal at Budget Restaurant

$27.17 ISK 3,350

Three-Course Dinner for Two, Mid-Range

$144 ISK 17.7K

-0.10%

Fast Food Meal (McDonalds, etc)

$22.42 ISK 2,764

$22.42 ISK 2,765

Cappuccino

$6.19 ISK 764

$6.03 ISK 744

2.65%

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

$3.28 ISK 405

$3.38 ISK 417

-2.96%

Water (0.33 liter bottle)

$2.53 ISK 311

$2.52 ISK 311

0.40%

Local Beer (0.5 liter draught)

$13.11 ISK 1,617

$12.61 ISK 1,555

3.97%

Imported Beer (0.33 liter bottle)

$11.43 ISK 1,409

$11.24 ISK 1,385

1.69%

Milk (1 liter)

$1.94 ISK 239

$1.95 ISK 241

-0.51%

White Bread (500g)

$4.29 ISK 529

$4.17 ISK 514

2.88%

Rice (white) (1kg)

$3.72 ISK 458

$3.55 ISK 437

4.79%

Eggs

$6.53 ISK 805

$6.46 ISK 797

1.08%

Local Cheese (1kg)

$17.88 ISK 2,205

$18.24 ISK 2,249

-1.97%

Chicken Fillets (1kg)

$24.10 ISK 2,971

$24.00 ISK 2,960

0.42%

Beef Round Steak (1kg)

$42.88 ISK 5,288

$42.29 ISK 5,214

1.40%

Apples (1kg)

$3.35 ISK 413

$3.30 ISK 407

1.52%

Banana (1kg)

$2.51 ISK 310

Oranges (1kg)

$3.13 ISK 386

$3.12 ISK 384

0.32%

Tomato (1kg)

$4.89 ISK 602

$4.98 ISK 614

-1.81%

Potato (1kg)

$3.71 ISK 458

$3.72 ISK 458

-0.27%

Onion (1kg)

$2.32 ISK 286

$2.36 ISK 291

-1.69%

Lettuce (1 head)

$3.07 ISK 378

$3.12 ISK 385

-1.60%

Water (1.5 liter bottle)

$1.99 ISK 246

$1.93 ISK 238

3.11%

Cigarettes 20 Pack (Marlboro, Camel)

$13.85 ISK 1,707

$13.82 ISK 1,704

0.22%

Wine (Bottle)

$23.47 ISK 2,894

$23.90 ISK 2,947

-1.80%

Local Beer (0.5 liter bottle)

$3.62 ISK 447

$3.59 ISK 442

0.84%

Imported Beer (0.33 liter bottle)

$3.38 ISK 416

$3.36 ISK 414

0.60%

One-way Ticket (Public Transport)

$5.10 ISK 629

Public Transport Monthly Pass (Regular Price)

$85.4 ISK 10.5K

Taxi Start (Normal Tariff)

$6.28 ISK 774

$6.53 ISK 805

-3.83%

Taxi (Normal Tariff) (1km)

$2.57 ISK 317

$2.53 ISK 311

1.58%

Taxi 1hour Waiting (Normal Tariff)

$85.8 ISK 10.6K

$84.7 ISK 10.4K

1.26%

Gasoline (1 liter)

$2.52 ISK 310

$2.55 ISK 314

-1.18%

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

$47.2K ISK 5.8M

-0.08%

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

$51.8K ISK 6.4M

$51.9K ISK 6.4M

-0.23%

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

$86.9 ISK 10.7K

$88.3 ISK 10.9K

-1.69%

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

$26.94 ISK 3,321

$27.03 ISK 3,333

-0.33%

Internet (50+ Mbps, Unlimited Data)

$85.9 ISK 10.6K

$85.2 ISK 10.5K

0.89%

Gym Membership (Monthly)

$83.4 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$37.54 ISK 4,629

Cinema Ticket

$17.53 ISK 2,161

$17.48 ISK 2,155

0.29%

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

$321 ISK 39.5K

$315 ISK 38.9K

1.77%

International Primary School, 1 Child (Yearly)

$30.2K ISK 3.7M

$30.5K ISK 3.8M

-1.24%

Jeans (Levis 501 Or Similar)

$140 ISK 17.2K

$140 ISK 17.3K

-0.33%

Summer Dress (H&M, Zara, etc)

$60.6 ISK 7,465

$62.4 ISK 7,691

-2.93%

Sport Shoes (Adidas, Nike)

$181 ISK 22.3K

$179 ISK 22.1K

0.77%

Men's Leather Business Shoes

$263 ISK 32.5K

$271 ISK 33.4K

-2.68%

1-bedroom Apartment, City Center (Monthly)

$2,175 ISK 268.2K

1-bedroom Apartment, Outside City Center (Monthly)

$2,023 ISK 249.5K

3-bedroom Apartment, City Center (Monthly)

$3,139 ISK 387.1K

3-bedroom Apartment, Outside City Center (Monthly)

$2,738 ISK 337.5K

Buy Apartment in City Center (m2)

$8,022 ISK 989.1K

Buy Apartment Outside City Center (m2)

$6,223 ISK 767.3K

Average Monthly Net Salary (After Tax)

$4,441 ISK 547.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Reykjavik: May 30, 2026

Last update for Blonduos: May 31, 2026

Cost Breakdown

A mid-range dinner for two costs $144 in Reykjavik versus $144 in Blonduos. Groceries tell a different story – $599 in Reykjavik vs $596 in Blonduos – so Blonduos wins on supermarket bills even if dining out costs more.

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 143% 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 $5,824 per month in Reykjavik and $2,394 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 $144 in Reykjavik and $144 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 $1,000 monthly budget goes further in Blonduos, where all-in costs run around $1,596, than in Reykjavik at $3,883. 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 $1,596 versus $3,883 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.