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: $1,279 in Tbilisi versus $3,766 in Akranes.

Estimated couple costs with rent: $2,011 in Tbilisi versus $5,946 in Akranes.

Monthly costs for a family of three with rent: $2,743 in Tbilisi versus $8,125 in Akranes.

Living in Tbilisi costs roughly 66% less than in Akranes, driven mainly by Groceries & Markets.

The two cities straddle the global median: Tbilisi is 7% below, Akranes is 173% above.

Meal at Budget Restaurant

$11.43 ₾29.72

$30.03 ISK 3,617

-61.94%

Three-Course Dinner for Two, Mid-Range

$38.16 ₾99.2

$134 ISK 16.2K

-71.60%

Fast Food Meal (McDonalds, etc)

$9.40 ₾24.45

$26.46 ISK 3,187

-64.47%

Cappuccino

$3.38 ₾8.78

$6.10 ISK 735

-44.59%

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

$1.04 ₾2.70

$3.33 ISK 401

-68.77%

Water (0.33 liter bottle)

$0.60 ₾1.56

$2.50 ISK 301

-76.00%

Local Beer (0.5 liter draught)

$2.71 ₾7.05

$10.65 ISK 1,283

-74.55%

Imported Beer (0.33 liter bottle)

$3.04 ₾7.90

$8.11 ISK 977

-62.52%

Milk (1 liter)

$2.27 ₾5.90

$2.03 ISK 245

11.82%

White Bread (500g)

$0.79 ₾2.04

$2.05 ISK 246

-61.46%

Rice (white) (1kg)

$1.62 ₾4.21

$3.52 ISK 424

-53.98%

Eggs

$2.74 ₾7.13

$6.29 ISK 757

-56.44%

Local Cheese (1kg)

$9.30 ₾24.19

$20.48 ISK 2,467

-54.59%

Chicken Fillets (1kg)

$6.79 ₾17.65

$24.90 ISK 2,999

-72.73%

Beef Round Steak (1kg)

$13.01 ₾33.84

$41.58 ISK 5,009

-68.71%

Apples (1kg)

$1.64 ₾4.27

$3.42 ISK 412

-52.05%

Banana (1kg)

$1.83 ₾4.77

$2.91 ISK 350

-37.11%

Oranges (1kg)

$1.90 ₾4.94

$3.18 ISK 383

-40.25%

Tomato (1kg)

$2.57 ₾6.68

$5.03 ISK 606

-48.91%

Potato (1kg)

$0.84 ₾2.19

$3.99 ISK 480

-78.95%

Onion (1kg)

$0.65 ₾1.70

$1.72 ISK 207

-62.21%

Lettuce (1 head)

$1.36 ₾3.54

$3.69 ISK 445

-63.14%

Water (1.5 liter bottle)

$0.80 ₾2.07

$1.78 ISK 215

-55.06%

Cigarettes 20 Pack (Marlboro, Camel)

$3.40 ₾8.85

$13.94 ISK 1,680

-75.61%

Wine (Bottle)

$7.67 ₾19.94

$23.89 ISK 2,878

-67.89%

Local Beer (0.5 liter bottle)

$1.68 ₾4.36

$2.89 ISK 348

-41.87%

Imported Beer (0.33 liter bottle)

$2.38 ₾6.18

$2.01 ISK 242

18.41%

One-way Ticket (Public Transport)

$0.39 ₾1.02

$3.62 ISK 436

-89.23%

Public Transport Monthly Pass (Regular Price)

$15.55 ₾40.44

$74.9 ISK 9,027

-79.25%

Taxi Start (Normal Tariff)

$1.14 ₾2.96

$6.96 ISK 838

-83.62%

Taxi (Normal Tariff) (1km)

$0.74 ₾1.93

$1.26 ISK 152

-41.27%

Taxi 1hour Waiting (Normal Tariff)

$11.32 ₾29.42

$75.0 ISK 9,037

-84.91%

Gasoline (1 liter)

$1.38 ₾3.60

$1.97 ISK 237

-29.95%

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

$24.6K ₾63.9K

$52.1K ISK 6.3M

-52.83%

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

$22.0K ₾57.2K

$55.2K ISK 6.6M

-60.14%

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

$88.7 ₾231

$87.8 ISK 10.6K

1.12%

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

$13.18 ₾34.26

$33.25 ISK 4,005

-60.36%

Internet (50+ Mbps, Unlimited Data)

$19.68 ₾51.2

$83.5 ISK 10.1K

-76.42%

Gym Membership (Monthly)

$68.3 ₾177

$102 ISK 12.2K

-32.82%

Tennis Court (1 Hour on Weekend)

$17.94 ₾46.65

Cinema Ticket

$6.42 ₾16.70

$19.75 ISK 2,379

-67.49%

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

$372 ₾967

$1,214 ISK 146.2K

-69.35%

International Primary School, 1 Child (Yearly)

$10.8K ₾28.1K

$30.6K ISK 3.7M

-64.70%

Jeans (Levis 501 Or Similar)

$105 ₾272

$160 ISK 19.3K

-34.81%

Summer Dress (H&M, Zara, etc)

$38.83 ₾101

$65.9 ISK 7,933

-41.04%

Sport Shoes (Adidas, Nike)

$115 ₾299

$180 ISK 21.7K

-36.34%

Men's Leather Business Shoes

$122 ₾318

$249 ISK 29.9K

-50.80%

1-bedroom Apartment, City Center (Monthly)

$681 ₾1,770

$3,035 ISK 365.5K

-77.57%

1-bedroom Apartment, Outside City Center (Monthly)

$456 ₾1,185

$1,907 ISK 229.7K

-76.11%

3-bedroom Apartment, City Center (Monthly)

$1,312 ₾3,410

$4,989 ISK 600.9K

-73.71%

3-bedroom Apartment, Outside City Center (Monthly)

$892 ₾2,321

$3,683 ISK 443.6K

-75.77%

Buy Apartment in City Center (m2)

$2,391 ₾6,216

Buy Apartment Outside City Center (m2)

$1,425 ₾3,704

Average Monthly Net Salary (After Tax)

$640 ₾1,663

$5,858 ISK 705.6K

-89.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.62

8.88

42.12%

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

Last update for Tbilisi: September 5, 2026

Last update for Akranes: September 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $681 in Tbilisi and $3,035 in Akranes. Housing cost is often the main lever when comparing two cities.

Akranes pays 816% 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: $38.00 in Tbilisi vs $134 in Akranes for a mid-range dinner for two. Groceries echo the gap at $236 vs $581 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 194% 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, salaries run 816% lower in Akranes. 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: $681 in Tbilisi versus $3,035 in Akranes. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,279 per month in Tbilisi versus $3,766 in Akranes – a 194% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Tbilisi runs roughly 382% less than in Akranes. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,279 in Tbilisi versus $3,766 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 $1,279 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 194% less than in Akranes. Beyond cost, consider language, visa policies, and how big the international community is in each city.