Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Husavik

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Husavik

🇮🇸 Iceland

/mo nomad

Meal at Budget Restaurant

$31.56 ISK 3,828

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

Cappuccino

$6.81 ISK 827

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

$3.39 ISK 411

Water (0.33 liter bottle)

$3.20 ISK 388

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

Milk (1 liter)

$2.10 ISK 255

White Bread (500g)

$4.19 ISK 508

Rice (white) (1kg)

$3.72 ISK 451

Eggs

$7.05 ISK 856

Local Cheese (1kg)

$21.56 ISK 2,615

Chicken Fillets (1kg)

$24.68 ISK 2,993

Beef Round Steak (1kg)

$42.19 ISK 5,117

Apples (1kg)

$3.23 ISK 392

Banana (1kg)

$2.73 ISK 331

Oranges (1kg)

$3.17 ISK 384

Tomato (1kg)

$6.61 ISK 802

Potato (1kg)

$3.85 ISK 467

Onion (1kg)

$1.66 ISK 201

Lettuce (1 head)

$3.80 ISK 461

Water (1.5 liter bottle)

$1.75 ISK 212

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

Wine (Bottle)

$24.21 ISK 2,937

Local Beer (0.5 liter bottle)

$3.53 ISK 428

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

One-way Ticket (Public Transport)

$5.75 ISK 697

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$2.09 ISK 253

$2.54 ISK 308

-17.72%

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

$51.0K ISK 6.2M

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

$53.3K ISK 6.5M

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

$95.3 ISK 11.6K

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

$32.35 ISK 3,923

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

Gym Membership (Monthly)

$102 ISK 12.4K

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

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

$1,194 ISK 144.8K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

Men's Leather Business Shoes

$253 ISK 30.7K

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$4,413 ISK 535.2K

3.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

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

Last update for Reykjavik: October 12, 2026

Last update for Husavik: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Reykjavik

$2.1K 51.4%

Husavik

–

Groceries & Markets

Reykjavik

$623 15.6%

Husavik

–

Eating Out

Reykjavik

$536 13.4%

Husavik

–

Clothing & Footwear

Reykjavik

$292 7.3%

Husavik

–

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Husavik

–

Sport & Entertainment

Reykjavik

$142 3.5%

Husavik

–

Getting Around

Reykjavik

$138 3.5%

Husavik

–

Cost Breakdown

Reykjavik pays 4% more on average. How far that income stretches comes down to housing choices and lifestyle.

Good to know

🇮🇸 Reykjavik

🇮🇸 Husavik

🕒 Local time

15:51 3:51 PM

Same time as Reykjavik

🌤 Weather

👥 Population

136,894 Capital

2,300

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Reykjavik Husavik 300 km

From you

Reykjavik
Husavik

Distances are measured in a straight line. Your location is detected approximately.

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 Husavik: Cost of Living - Frequently Asked Questions

Average pay runs 4% higher in Reykjavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

For families, Husavik is more practical. Housing and childcare are both notably cheaper than in Reykjavik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Reykjavik and Husavik are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

It comes down to priorities – Husavik wins on affordability, Reykjavik on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.