Cost of Living Comparison Between Tbilisi and Bakkafjordur Cost of Living Comparison Between Tbilisi and Bakkafjordur

Monthly Cost of Living

A single person spends $1,253 per month in Tbilisi vs $247 in Bakkafjordur, rent included.

A couple spends around $2,029 per month in Tbilisi vs $418 in Bakkafjordur, rent included.

A family of three spends $2,806 per month in Tbilisi vs $588 in Bakkafjordur, rent included.

Tbilisi costs about 408% more than Bakkafjordur, driven mainly by Eating Out.

Both Tbilisi and Bakkafjordur are more affordable than the global median – Tbilisi 7% lower, Bakkafjordur 82% lower.

Meal at Budget Restaurant

$11.42 ₾29.63

Three-Course Dinner for Two, Mid-Range

$38.57 ₾100

Fast Food Meal (McDonalds, etc)

$9.64 ₾25.02

Cappuccino

$3.42 ₾8.88

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

$1.09 ₾2.83

Water (0.33 liter bottle)

$0.63 ₾1.64

Local Beer (0.5 liter draught)

$2.70 ₾7.02

Imported Beer (0.33 liter bottle)

$3.34 ₾8.66

Milk (1 liter)

$2.15 ₾5.59

White Bread (500g)

$0.73 ₾1.90

$2.22 ISK 271

-67.12%

Rice (white) (1kg)

$1.75 ₾4.54

$2.22 ISK 271

-21.17%

Eggs

$2.80 ₾7.26

$4.92 ISK 599

-43.09%

Local Cheese (1kg)

$9.39 ₾24.35

$8.93 ISK 1,086

5.15%

Chicken Fillets (1kg)

$6.78 ₾17.60

$11.05 ISK 1,345

-38.64%

Beef Round Steak (1kg)

$12.87 ₾33.40

$10.95 ISK 1,332

17.53%

Apples (1kg)

$1.69 ₾4.39

$2.16 ISK 263

-21.76%

Banana (1kg)

$1.81 ₾4.69

$2.16 ISK 263

-16.20%

Oranges (1kg)

$1.88 ₾4.88

$2.15 ISK 262

-12.56%

Tomato (1kg)

$2.48 ₾6.44

$2.23 ISK 271

11.21%

Potato (1kg)

$0.80 ₾2.08

$2.24 ISK 273

-64.29%

Onion (1kg)

$0.66 ₾1.71

$2.18 ISK 266

-69.72%

Lettuce (1 head)

$1.35 ₾3.50

$0.98 ISK 119

37.76%

Water (1.5 liter bottle)

$0.75 ₾1.94

$1.96 ISK 238

-61.73%

Cigarettes 20 Pack (Marlboro, Camel)

$3.36 ₾8.72

Wine (Bottle)

$7.89 ₾20.47

Local Beer (0.5 liter bottle)

$1.70 ₾4.40

Imported Beer (0.33 liter bottle)

$2.37 ₾6.14

One-way Ticket (Public Transport)

$0.36 ₾0.94

Public Transport Monthly Pass (Regular Price)

$15.65 ₾40.59

Taxi Start (Normal Tariff)

$1.17 ₾3.05

Taxi (Normal Tariff) (1km)

$0.73 ₾1.91

Taxi 1hour Waiting (Normal Tariff)

$11.58 ₾30.05

Gasoline (1 liter)

$1.39 ₾3.61

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

$24.5K ₾63.5K

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

$22.1K ₾57.3K

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

$90.7 ₾235

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

$12.97 ₾33.64

Internet (50+ Mbps, Unlimited Data)

$19.37 ₾50.3

Gym Membership (Monthly)

$65.6 ₾170

Tennis Court (1 Hour on Weekend)

$18.56 ₾48.14

Cinema Ticket

$6.58 ₾17.07

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

$365 ₾947

International Primary School, 1 Child (Yearly)

$10.7K ₾27.9K

Jeans (Levis 501 Or Similar)

$104 ₾269

Summer Dress (H&M, Zara, etc)

$38.86 ₾101

Sport Shoes (Adidas, Nike)

$116 ₾300

Men's Leather Business Shoes

$121 ₾313

1-bedroom Apartment, City Center (Monthly)

$677 ₾1,756

1-bedroom Apartment, Outside City Center (Monthly)

$440 ₾1,142

3-bedroom Apartment, City Center (Monthly)

$1,315 ₾3,411

3-bedroom Apartment, Outside City Center (Monthly)

$909 ₾2,357

Buy Apartment in City Center (m2)

$2,372 ₾6,154

Buy Apartment Outside City Center (m2)

$1,403 ₾3,639

Average Monthly Net Salary (After Tax)

$654 ₾1,697

$5,874 ISK 714.9K

-88.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.59

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

Last update for Tbilisi: September 28, 2026

Last update for Bakkafjordur: September 28, 2026

Cost Breakdown

Salaries run about 798% higher in Bakkafjordur, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

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 Bakkafjordur: Cost of Living - Frequently Asked Questions

Tbilisi costs about 408% more than Bakkafjordur, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,879 per month in Tbilisi and $370 in Bakkafjordur. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,253 in Tbilisi and $247 in Bakkafjordur. The difference isn't just one category – it shows up across housing, food, transport, and services.

Interestingly, groceries are about 6% cheaper in Tbilisi – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Bakkafjordur, where all-in costs run around $247, than in Tbilisi at $1,253. In Bakkafjordur it covers expenses comfortably, while in Tbilisi it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Bakkafjordur costs $247 versus $1,253 in Tbilisi. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bakkafjordur. If higher salaries, better infrastructure, or specific career opportunities are the priority, Tbilisi makes more sense. Both are solid long-term options with distinct trade-offs.