Cost of Living Comparison Between Reykjavik and Husavik Cost of Living Comparison Between Reykjavik and Husavik

Meal at Budget Restaurant

$30.26 ISK 3,667

Three-Course Dinner for Two, Mid-Range

$135 ISK 16.4K

Fast Food Meal (McDonalds, etc)

$26.29 ISK 3,186

Cappuccino

$6.95 ISK 842

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

$3.30 ISK 400

Water (0.33 liter bottle)

$3.35 ISK 406

Local Beer (0.5 liter draught)

$14.06 ISK 1,704

Imported Beer (0.33 liter bottle)

$12.60 ISK 1,527

Milk (1 liter)

$2.10 ISK 254

White Bread (500g)

$4.47 ISK 542

Rice (white) (1kg)

$3.59 ISK 436

Eggs

$7.13 ISK 865

Local Cheese (1kg)

$21.34 ISK 2,586

Chicken Fillets (1kg)

$24.37 ISK 2,953

Beef Round Steak (1kg)

$42.10 ISK 5,102

Apples (1kg)

$3.35 ISK 406

Banana (1kg)

$2.82 ISK 341

Oranges (1kg)

$3.21 ISK 389

Tomato (1kg)

$6.24 ISK 756

Potato (1kg)

$4.01 ISK 487

Onion (1kg)

$1.70 ISK 206

Lettuce (1 head)

$3.83 ISK 464

Water (1.5 liter bottle)

$1.78 ISK 216

Cigarettes 20 Pack (Marlboro, Camel)

$13.75 ISK 1,666

Wine (Bottle)

$24.28 ISK 2,942

Local Beer (0.5 liter bottle)

$3.79 ISK 460

Imported Beer (0.33 liter bottle)

$3.45 ISK 418

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

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$74.5 ISK 9,033

Gasoline (1 liter)

$2.00 ISK 242

$2.64 ISK 321

-24.24%

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

$50.6K ISK 6.1M

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

$53.4K ISK 6.5M

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

$89.6 ISK 10.9K

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

$33.11 ISK 4,013

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.3K

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

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

$1,173 ISK 142.1K

International Primary School, 1 Child (Yearly)

$31.2K ISK 3.8M

Jeans (Levis 501 Or Similar)

$161 ISK 19.5K

Summer Dress (H&M, Zara, etc)

$65.1 ISK 7,890

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

Men's Leather Business Shoes

$249 ISK 30.2K

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

$4,650 ISK 563.5K

-0.95%

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 Husavik: September 1, 2026

Cost Breakdown

Husavik pays 1% more on average. How far that income stretches comes down to housing choices and lifestyle.

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

On paper, salaries run 1% lower in Husavik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

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.