Cost of Living Comparison Between Tbilisi and Akranes Cost of Living Comparison Between Tbilisi and Akranes

Monthly Cost of Living

Monthly costs for one person with rent: $1,218 in Tbilisi versus $3,507 in Akranes.

Estimated couple costs with rent: $1,853 in Tbilisi versus $5,547 in Akranes.

Monthly costs for a family of three with rent: $2,489 in Tbilisi versus $7,588 in Akranes.

Living in Tbilisi costs roughly 65% less than in Akranes, driven mainly by Groceries & Markets.

The two cities straddle the global median: Tbilisi is 9% below, Akranes is 161% above.

Meal at Budget Restaurant

$10.85 ₾28.75

$27.23 ISK 3,390

-60.15%

Three-Course Dinner for Two, Mid-Range

$44.17 ₾117

$145 ISK 18.0K

-69.52%

Fast Food Meal (McDonalds, etc)

$8.28 ₾21.94

$22.36 ISK 2,784

-62.97%

Cappuccino

$3.02 ₾8.00

$5.86 ISK 730

-48.46%

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

$0.76 ₾2.02

$3.18 ISK 397

-76.10%

Water (0.33 liter bottle)

$0.46 ₾1.22

$2.37 ISK 295

-80.59%

Local Beer (0.5 liter draught)

$2.24 ₾5.93

$10.25 ISK 1,276

-78.15%

Imported Beer (0.33 liter bottle)

$3.00 ₾7.95

$8.16 ISK 1,016

-63.24%

Milk (1 liter)

$1.93 ₾5.11

$1.86 ISK 232

3.76%

White Bread (500g)

$0.72 ₾1.91

$1.99 ISK 248

-63.82%

Rice (white) (1kg)

$1.84 ₾4.87

$3.68 ISK 458

-50.00%

Eggs

$2.45 ₾6.48

$5.99 ISK 745

-59.10%

Local Cheese (1kg)

$7.43 ₾19.67

$17.88 ISK 2,226

-58.45%

Chicken Fillets (1kg)

$6.48 ₾17.16

$24.33 ISK 3,029

-73.37%

Beef Round Steak (1kg)

$9.70 ₾25.70

$42.76 ISK 5,324

-77.32%

Apples (1kg)

$1.20 ₾3.18

$3.30 ISK 410

-63.64%

Banana (1kg)

$1.56 ₾4.14

$2.50 ISK 311

-37.60%

Oranges (1kg)

$1.79 ₾4.75

$3.07 ISK 382

-41.69%

Tomato (1kg)

$2.23 ₾5.90

$4.71 ISK 587

-52.65%

Potato (1kg)

$0.65 ₾1.73

$3.56 ISK 443

-81.74%

Onion (1kg)

$0.68 ₾1.79

$2.37 ISK 295

-71.31%

Lettuce (1 head)

$1.19 ₾3.16

$3.12 ISK 389

-61.86%

Water (1.5 liter bottle)

$0.70 ₾1.86

$1.92 ISK 240

-63.54%

Cigarettes 20 Pack (Marlboro, Camel)

$2.95 ₾7.82

$13.77 ISK 1,715

-78.58%

Wine (Bottle)

$7.33 ₾19.41

$22.98 ISK 2,862

-68.10%

Local Beer (0.5 liter bottle)

$1.52 ₾4.02

$2.88 ISK 359

-47.22%

Imported Beer (0.33 liter bottle)

$2.25 ₾5.95

$2.03 ISK 253

10.84%

One-way Ticket (Public Transport)

$0.36 ₾0.95

$3.72 ISK 464

-90.32%

Public Transport Monthly Pass (Regular Price)

$14.60 ₾38.68

$73.2 ISK 9,110

-80.05%

Taxi Start (Normal Tariff)

$1.50 ₾3.97

$6.16 ISK 767

-75.65%

Taxi (Normal Tariff) (1km)

$0.73 ₾1.92

$1.09 ISK 136

-33.03%

Taxi 1hour Waiting (Normal Tariff)

$7.45 ₾19.74

$87.5 ISK 10.9K

-91.48%

Gasoline (1 liter)

$1.14 ₾3.01

$2.56 ISK 319

-55.47%

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

$18.5K ₾49.0K

$47.9K ISK 6.0M

-61.39%

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

$20.3K ₾53.6K

$53.0K ISK 6.6M

-61.77%

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

$73.9 ₾196

$89.0 ISK 11.1K

-16.99%

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

$11.71 ₾31.01

$27.09 ISK 3,372

-56.77%

Internet (50+ Mbps, Unlimited Data)

$18.16 ₾48.09

$85.4 ISK 10.6K

-78.74%

Gym Membership (Monthly)

$61.7 ₾163

Tennis Court (1 Hour on Weekend)

$16.66 ₾44.12

Cinema Ticket

$6.61 ₾17.50

$17.79 ISK 2,215

-62.84%

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

$264 ₾700

$323 ISK 40.2K

-18.25%

International Primary School, 1 Child (Yearly)

$5,145 ₾13.6K

$29.7K ISK 3.7M

-82.70%

Jeans (Levis 501 Or Similar)

$74.9 ₾198

$139 ISK 17.3K

-46.12%

Summer Dress (H&M, Zara, etc)

$43.98 ₾117

$62.0 ISK 7,714

-29.02%

Sport Shoes (Adidas, Nike)

$118 ₾312

$182 ISK 22.7K

-35.52%

Men's Leather Business Shoes

$114 ₾301

$267 ISK 33.2K

-57.40%

1-bedroom Apartment, City Center (Monthly)

$692 ₾1,833

$2,952 ISK 367.5K

-76.56%

1-bedroom Apartment, Outside City Center (Monthly)

$454 ₾1,203

$1,904 ISK 237.1K

-76.16%

3-bedroom Apartment, City Center (Monthly)

$1,323 ₾3,504

$4,727 ISK 588.5K

-72.01%

3-bedroom Apartment, Outside City Center (Monthly)

$789 ₾2,089

$3,649 ISK 454.3K

-78.39%

Buy Apartment in City Center (m2)

$2,431 ₾6,440

Buy Apartment Outside City Center (m2)

$1,441 ₾3,818

Average Monthly Net Salary (After Tax)

$645 ₾1,709

$5,692 ISK 708.6K

-88.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.89

9.63

23.47%

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

Last update for Tbilisi: June 9, 2026

Last update for Akranes: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $692 in Tbilisi and $2,952 in Akranes. Housing cost is often the main lever when comparing two cities.

Akranes pays 782% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $44.00 in Tbilisi vs $145 in Akranes for a mid-range dinner for two. Groceries echo the gap at $204 vs $564 per month, with Tbilisi cheaper across the board.

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

Tbilisi vs Akranes: Cost of Living - Frequently Asked Questions

Tbilisi wins on cost – living expenses run 188% lower than in Akranes. Housing and daily spending are where you'll feel the difference most, making Tbilisi the obvious pick if budget is a priority.

On paper, Akranes earns 782% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $692 in Tbilisi versus $2,952 in Akranes. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,218 per month in Tbilisi versus $3,507 in Akranes – a 188% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Tbilisi runs roughly 401% less than in Akranes. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,218 in Tbilisi versus $3,507 in Akranes, a $2,000 budget is realistic in Tbilisi but tight or insufficient in Akranes. The gap between the two cities makes Tbilisi the clear choice for anyone on this budget.

Both work as nomad bases, but Tbilisi delivers better value – similar infrastructure at $1,218 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Tbilisi hard to pass up.

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

Expats usually find Tbilisi gentler on the wallet – expenses run 188% less than in Akranes. Beyond cost, consider language, visa policies, and how big the international community is in each city.