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

Monthly Cost of Living

A single person spends $3,869 per month in Reykjavik vs $1,588 in Blonduos, rent included.

A couple spends around $5,475 per month in Reykjavik vs $2,798 in Blonduos, rent included.

A family of three spends $7,081 per month in Reykjavik vs $4,008 in Blonduos, rent included.

Reykjavik costs about 144% 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

$27.43 ISK 3,418

$27.10 ISK 3,377

1.22%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.7K

$143 ISK 17.9K

-0.77%

Fast Food Meal (McDonalds, etc)

$22.54 ISK 2,809

Cappuccino

$6.05 ISK 754

$5.97 ISK 744

1.34%

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

$3.22 ISK 402

$3.22 ISK 401

Water (0.33 liter bottle)

$2.52 ISK 314

$2.62 ISK 326

-3.82%

Local Beer (0.5 liter draught)

$12.93 ISK 1,611

$12.72 ISK 1,585

1.65%

Imported Beer (0.33 liter bottle)

$11.39 ISK 1,420

$11.47 ISK 1,429

-0.70%

Milk (1 liter)

$1.89 ISK 235

$1.97 ISK 245

-4.06%

White Bread (500g)

$4.19 ISK 522

$4.25 ISK 530

-1.41%

Rice (white) (1kg)

$3.54 ISK 441

$3.59 ISK 448

-1.39%

Eggs

$6.31 ISK 786

$6.33 ISK 788

-0.32%

Local Cheese (1kg)

$18.00 ISK 2,243

$18.05 ISK 2,249

-0.28%

Chicken Fillets (1kg)

$24.46 ISK 3,048

$24.23 ISK 3,019

0.95%

Beef Round Steak (1kg)

$41.94 ISK 5,226

$41.98 ISK 5,230

-0.10%

Apples (1kg)

$3.33 ISK 415

$3.22 ISK 401

3.42%

Banana (1kg)

$2.40 ISK 300

$2.50 ISK 311

-4.00%

Oranges (1kg)

$3.03 ISK 377

$3.00 ISK 374

1.00%

Tomato (1kg)

$5.13 ISK 639

$5.10 ISK 636

0.59%

Potato (1kg)

$3.66 ISK 455

$3.66 ISK 456

Onion (1kg)

$2.42 ISK 302

$2.31 ISK 288

4.76%

Lettuce (1 head)

$3.17 ISK 394

$3.19 ISK 397

-0.63%

Water (1.5 liter bottle)

$1.93 ISK 241

$1.94 ISK 242

-0.52%

Cigarettes 20 Pack (Marlboro, Camel)

$13.76 ISK 1,714

$13.76 ISK 1,715

Wine (Bottle)

$22.67 ISK 2,825

$22.59 ISK 2,815

0.35%

Local Beer (0.5 liter bottle)

$3.75 ISK 467

$3.56 ISK 444

5.34%

Imported Beer (0.33 liter bottle)

$3.26 ISK 406

$3.33 ISK 415

-2.10%

One-way Ticket (Public Transport)

$5.30 ISK 661

Public Transport Monthly Pass (Regular Price)

$88.2 ISK 11.0K

Taxi Start (Normal Tariff)

$6.51 ISK 811

$6.32 ISK 787

3.01%

Taxi (Normal Tariff) (1km)

$2.57 ISK 321

$2.56 ISK 320

0.39%

Taxi 1hour Waiting (Normal Tariff)

$86.4 ISK 10.8K

$85.2 ISK 10.6K

1.43%

Gasoline (1 liter)

$2.52 ISK 314

$2.52 ISK 313

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

$47.7K ISK 5.9M

0.11%

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

$51.8K ISK 6.5M

$52.5K ISK 6.5M

-1.29%

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

$87.1 ISK 10.9K

$88.8 ISK 11.1K

-1.95%

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

$27.13 ISK 3,380

$27.22 ISK 3,391

-0.33%

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.6K

0.02%

Gym Membership (Monthly)

$84.0 ISK 10.5K

Tennis Court (1 Hour on Weekend)

$38.12 ISK 4,750

Cinema Ticket

$17.35 ISK 2,162

$17.85 ISK 2,224

-2.80%

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

$319 ISK 39.8K

$327 ISK 40.8K

-2.44%

International Primary School, 1 Child (Yearly)

$30.7K ISK 3.8M

$30.6K ISK 3.8M

0.34%

Jeans (Levis 501 Or Similar)

$138 ISK 17.1K

$137 ISK 17.0K

0.64%

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,821

$62.3 ISK 7,760

0.79%

Sport Shoes (Adidas, Nike)

$182 ISK 22.7K

$183 ISK 22.9K

-0.71%

Men's Leather Business Shoes

$269 ISK 33.5K

$271 ISK 33.7K

-0.56%

1-bedroom Apartment, City Center (Monthly)

$2,254 ISK 280.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,008 ISK 250.2K

3-bedroom Apartment, City Center (Monthly)

$3,231 ISK 402.6K

3-bedroom Apartment, Outside City Center (Monthly)

$2,756 ISK 343.4K

Buy Apartment in City Center (m2)

$7,955 ISK 991.2K

Buy Apartment Outside City Center (m2)

$6,156 ISK 767.1K

Average Monthly Net Salary (After Tax)

$4,438 ISK 553.0K

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: July 11, 2026

Last update for Blonduos: July 14, 2026

Cost Breakdown

A mid-range dinner for two costs $142 in Reykjavik versus $143 in Blonduos. Monthly groceries follow the same trend: $593 vs $593 – making Reykjavik 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 144% 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 $5,803 per month in Reykjavik and $2,381 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 $142 in Reykjavik and $143 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 $1,588, than in Reykjavik at $3,869. 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 $1,588 versus $3,869 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.