Cost of Living Comparison Between Reykjavik and Egilsstadir Cost of Living Comparison Between Reykjavik and Egilsstadir

😐 Solo nomad: Reykjavik is 212.4% more expensive than Egilsstadir without rent, and 537.4% more expensive with rent.

😐 Family of 3: Reykjavik is 208.9% more expensive than Egilsstadir without rent, and 409.8% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

Cappuccino

$6.06 ISK 764

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

$3.28 ISK 414

Water (0.33 liter bottle)

$2.62 ISK 330

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

Milk (1 liter)

$1.87 ISK 235

$1.65 ISK 208

13.33%

White Bread (500g)

$4.32 ISK 544

$2.80 ISK 353

54.29%

Rice (white) (1kg)

$3.71 ISK 468

$2.33 ISK 294

59.23%

Eggs

$6.52 ISK 821

$5.66 ISK 713

15.19%

Local Cheese (1kg)

$18.16 ISK 2,288

$21.10 ISK 2,658

-13.93%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$31.18 ISK 3,927

-23.57%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$42.44 ISK 5,346

0.92%

Apples (1kg)

$3.37 ISK 424

$2.68 ISK 337

25.75%

Banana (1kg)

$2.50 ISK 315

$2.38 ISK 300

5.04%

Oranges (1kg)

$3.03 ISK 382

$2.45 ISK 309

23.67%

Tomato (1kg)

$4.98 ISK 627

$3.77 ISK 475

32.10%

Potato (1kg)

$3.66 ISK 461

$4.27 ISK 538

-14.29%

Onion (1kg)

$2.40 ISK 302

$2.04 ISK 257

17.65%

Lettuce (1 head)

$3.06 ISK 386

$2.12 ISK 267

44.34%

Water (1.5 liter bottle)

$2.01 ISK 253

$2.19 ISK 276

-8.22%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

Wine (Bottle)

$23.58 ISK 2,971

$21.17 ISK 2,666

11.38%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$3.75 ISK 472

-5.33%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$3.41 ISK 429

-4.99%

One-way Ticket (Public Transport)

$5.19 ISK 654

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

Taxi Start (Normal Tariff)

$6.18 ISK 778

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

Gasoline (1 liter)

$2.56 ISK 322

$2.64 ISK 332

-3.03%

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

$48.0K ISK 6.0M

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

$52.5K ISK 6.6M

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

$88.6 ISK 11.2K

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

$27.96 ISK 3,522

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

Gym Membership (Monthly)

$81.7 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

Cinema Ticket

$17.53 ISK 2,208

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

$316 ISK 39.7K

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

Men's Leather Business Shoes

$264 ISK 33.2K

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

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: January 10, 2026

Last update for Egilsstadir: January 13, 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

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