Cost of Living Comparison Between Reykjavik and Hverageroi Cost of Living Comparison Between Reykjavik and Hverageroi

🙂 Solo nomad: Reykjavik is 1.1% cheaper than Hverageroi without rent, and 136.4% more expensive with rent.

😐 Family of 3: Reykjavik is 8.7% more expensive than Hverageroi without rent, and 79.5% more expensive with rent.

Meal at Budget Restaurant

$26.9 ISK 3,355

$26.93 ISK 3,360

-0.11%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.3K

$146 ISK 18.2K

0.47%

Fast Food Meal (McDonalds, etc)

$22.18 ISK 2,767

$22.74 ISK 2,837

-2.46%

Cappuccino

$6.08 ISK 758

$6.07 ISK 758

0.16%

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

$3.4 ISK 424

$3.34 ISK 417

1.80%

Water (0.33 liter bottle)

$2.5 ISK 312

$2.52 ISK 314

-0.79%

Local Beer (0.5 liter draught)

$12.96 ISK 1,617

$13.05 ISK 1,628

-0.69%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,379

$11.24 ISK 1,402

-1.69%

Milk (1 liter)

$1.88 ISK 234

$1.88 ISK 235

White Bread (500g)

$4.26 ISK 531

$4.15 ISK 518

2.65%

Rice (white) (1kg)

$3.67 ISK 458

$3.6 ISK 449

1.94%

Eggs

$6.51 ISK 813

$6.3 ISK 786

3.33%

Local Cheese (1kg)

$17.83 ISK 2,224

$18.27 ISK 2,279

-2.41%

Chicken Fillets (1kg)

$24.1 ISK 3,006

$24.45 ISK 3,050

-1.43%

Beef Round Steak (1kg)

$43.22 ISK 5,391

$42.95 ISK 5,358

0.63%

Apples (1kg)

$3.19 ISK 397

$3.34 ISK 417

-4.49%

Banana (1kg)

$2.54 ISK 317

$2.42 ISK 302

4.96%

Oranges (1kg)

$3.09 ISK 386

$3.03 ISK 378

1.98%

Tomato (1kg)

$5.03 ISK 628

$5.08 ISK 633

-0.98%

Potato (1kg)

$3.59 ISK 447

$3.63 ISK 453

-1.10%

Onion (1kg)

$2.4 ISK 300

$2.43 ISK 304

-1.23%

Lettuce (1 head)

$3.08 ISK 384

$3.17 ISK 395

-2.84%

Water (1.5 liter bottle)

$2.01 ISK 250

$1.93 ISK 241

4.15%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,734

$13.84 ISK 1,726

0.43%

Wine (Bottle)

$23.87 ISK 2,978

$24.19 ISK 3,018

-1.32%

Local Beer (0.5 liter bottle)

$3.62 ISK 452

$3.64 ISK 454

-0.55%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$3.33 ISK 416

-0.30%

One-way Ticket (Public Transport)

$5.27 ISK 658

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

Taxi Start (Normal Tariff)

$6.26 ISK 781

$6.41 ISK 800

-2.34%

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

$2.64 ISK 329

-4.17%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.6K

$86.9 ISK 10.8K

-1.93%

Gasoline (1 liter)

$2.57 ISK 321

$2.49 ISK 310

3.21%

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

$47.8K ISK 6M

$46.5K ISK 5.8M

2.78%

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

$52.4K ISK 6.5M

$53.2K ISK 6.6M

-1.46%

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

$86.5 ISK 10.8K

$86.2 ISK 10.8K

0.34%

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

$26.91 ISK 3,357

$27.22 ISK 3,395

-1.14%

Internet (50+ Mbps, Unlimited Data)

$84.9 ISK 10.6K

$87 ISK 10.9K

-2.42%

Gym Membership (Monthly)

$82.7 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

Cinema Ticket

$17.83 ISK 2,225

$17.85 ISK 2,227

-0.11%

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

$318 ISK 39.7K

$319 ISK 39.8K

-0.29%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$30.1K ISK 3.7M

-0.42%

Jeans (Levis 501 Or Similar)

$141 ISK 17.6K

$137 ISK 17.1K

3.12%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,785

$61.8 ISK 7,710

0.97%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$184 ISK 23K

-0.52%

Men's Leather Business Shoes

$267 ISK 33.3K

$265 ISK 33.1K

0.69%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

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: October 28, 2025

Last update for Hverageroi: October 29, 2025

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