Last update: Nov 2026

Cost of Living Comparison Between Tbilisi and Drangsnes

For one person, living is cheaper in Tbilisi: $1,278 a month against $1,726 in Drangsnes, rent and utilities included – about $5,400 less a year. The total is higher in Drangsnes despite lower rent and utilities.

61

Cost of Living Index in Tbilisi
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Tbilisi Living Index
82

Cost of Living Index in Drangsnes
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Drangsnes Living Index

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Tbilisi

🇬🇪 Georgia

$1,278

/mo nomad

Drangsnes

🇮🇸 Iceland

$1,726

/mo nomad

Monthly Cost of Living

How much you'll spend in Tbilisi and in Drangsnes

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Tbilisi and in Drangsnes actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,278 in Tbilisi versus $1,726 in Drangsnes.

Tbilisi $1,278
Drangsnes $1,726

Estimated couple costs with rent: $2,017 in Tbilisi versus $2,935 in Drangsnes.

Tbilisi $2,017
Drangsnes $2,935

Monthly costs for a family of three with rent: $2,755 in Tbilisi versus $4,144 in Drangsnes.

Tbilisi $2,755
Drangsnes $4,144

Living in Tbilisi costs roughly 26% less than in Drangsnes, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Tbilisi is 5% below, Drangsnes is 28% above.

Meal at Budget Restaurant

$11.62 ₾30.07

$31.74 ISK 3,856

-63.39%

Three-Course Dinner for Two, Mid-Range

$38.41 ₾99.4

$122 ISK 14.9K

-68.63%

Fast Food Meal (McDonalds, etc)

$9.74 ₾25.20

$26.90 ISK 3,268

-63.79%

Cappuccino

$3.56 ₾9.21

$6.91 ISK 840

-48.48%

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

$1.08 ₾2.80

$3.41 ISK 414

-68.33%

Water (0.33 liter bottle)

$0.56 ₾1.46

$3.15 ISK 383

-82.22%

Local Beer (0.5 liter draught)

$2.73 ₾7.05

$14.01 ISK 1,702

-80.51%

Imported Beer (0.33 liter bottle)

$3.13 ₾8.09

$12.12 ISK 1,473

-74.17%

Milk (1 liter)

$2.14 ₾5.55

$2.12 ISK 257

0.94%

White Bread (500g)

$0.75 ₾1.95

$4.23 ISK 514

-82.27%

Rice (white) (1kg)

$1.80 ₾4.66

$3.65 ISK 444

-50.68%

Eggs

$2.80 ₾7.25

$6.96 ISK 845

-59.77%

Local Cheese (1kg)

$9.43 ₾24.41

$21.86 ISK 2,656

-56.86%

Chicken Fillets (1kg)

$7.00 ₾18.10

$24.27 ISK 2,948

-71.16%

Beef Round Steak (1kg)

$12.69 ₾32.84

$42.46 ISK 5,159

-70.11%

Apples (1kg)

$1.63 ₾4.22

$3.28 ISK 398

-50.30%

Banana (1kg)

$1.84 ₾4.77

$2.84 ISK 344

-35.21%

Oranges (1kg)

$1.97 ₾5.09

$3.17 ISK 385

-37.85%

Tomato (1kg)

$2.47 ₾6.39

$6.60 ISK 801

-62.58%

Potato (1kg)

$0.75 ₾1.95

$3.94 ISK 479

-80.96%

Onion (1kg)

$0.67 ₾1.74

$1.70 ISK 207

-60.59%

Lettuce (1 head)

$1.41 ₾3.66

$3.66 ISK 444

-61.48%

Water (1.5 liter bottle)

$0.72 ₾1.86

$1.74 ISK 212

-58.62%

Cigarettes 20 Pack (Marlboro, Camel)

$3.51 ₾9.09

$13.77 ISK 1,673

-74.51%

Wine (Bottle)

$7.89 ₾20.40

$23.74 ISK 2,885

-66.76%

Local Beer (0.5 liter bottle)

$1.70 ₾4.41

$3.67 ISK 446

-53.68%

Imported Beer (0.33 liter bottle)

$2.37 ₾6.12

$3.49 ISK 424

-32.09%

One-way Ticket (Public Transport)

$0.38 ₾0.98

Public Transport Monthly Pass (Regular Price)

$15.29 ₾39.57

Taxi Start (Normal Tariff)

$1.19 ₾3.08

$6.64 ISK 806

-82.08%

Taxi (Normal Tariff) (1km)

$0.74 ₾1.91

$2.79 ISK 339

-73.48%

Taxi 1hour Waiting (Normal Tariff)

$11.89 ₾30.76

$80.7 ISK 9,799

-85.26%

Gasoline (1 liter)

$1.46 ₾3.77

$2.11 ISK 256

-30.81%

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

$25.0K ₾64.6K

$69.7K ISK 8.5M

-64.16%

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

$22.8K ₾59.1K

$55.5K ISK 6.7M

-58.84%

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

$88.1 ₾228

$95.5 ISK 11.6K

-7.70%

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

$12.71 ₾32.87

$33.11 ISK 4,023

-61.61%

Internet (50+ Mbps, Unlimited Data)

$19.79 ₾51.2

$87.1 ISK 10.6K

-77.29%

Gym Membership (Monthly)

$64.3 ₾166

Tennis Court (1 Hour on Weekend)

$19.17 ₾49.60

Cinema Ticket

$6.65 ₾17.20

$19.31 ISK 2,347

-65.56%

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

$371 ₾961

$1,168 ISK 142.0K

-68.22%

International Primary School, 1 Child (Yearly)

$9,163 ₾23.7K

$26.3K ISK 3.2M

-65.14%

Jeans (Levis 501 Or Similar)

$102 ₾264

$152 ISK 18.5K

-32.81%

Summer Dress (H&M, Zara, etc)

$39.65 ₾103

$65.6 ISK 7,971

-39.57%

Sport Shoes (Adidas, Nike)

$118 ₾306

$179 ISK 21.7K

-33.95%

Men's Leather Business Shoes

$120 ₾310

$248 ISK 30.1K

-51.69%

1-bedroom Apartment, City Center (Monthly)

$690 ₾1,785

1-bedroom Apartment, Outside City Center (Monthly)

$461 ₾1,193

3-bedroom Apartment, City Center (Monthly)

$1,362 ₾3,524

3-bedroom Apartment, Outside City Center (Monthly)

$897 ₾2,321

Buy Apartment in City Center (m2)

$2,277 ₾5,892

Buy Apartment Outside City Center (m2)

$1,378 ₾3,565

Average Monthly Net Salary (After Tax)

$710 ₾1,837

$6,094 ISK 740.4K

-88.35%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.53

8.81

42.22%

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

Last update for Tbilisi: November 2, 2026

Last update for Drangsnes: November 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Tbilisi

$461 36.1%

Drangsnes

- * 0% 100%

Groceries & Markets

Tbilisi

$235 18.4%

Drangsnes

$623 36.1% 165% $388

Eating Out

Tbilisi

$191 15%

Drangsnes

$538 31.2% 181% $347

Clothing & Footwear

Tbilisi

$171 13.4%

Drangsnes

$290 16.8% 69.7% $119

Monthly Utilities & Internet

Tbilisi

$121 9.4%

Drangsnes

$216 12.5% 78.9% $95

Sport & Entertainment

Tbilisi

$78 6.1%

Drangsnes

$39 * 2.2% 50.2% $39

Getting Around

Tbilisi

$22 1.7%

Drangsnes

$21 * 1.2% 5% $1.1

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Drangsnes pays about 8.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $38 in Tbilisi vs $122 in Drangsnes for a mid-range dinner for two. Groceries echo the gap at $235 vs $623 per month, with Tbilisi cheaper across the board.

Good to know

🇬🇪 Tbilisi

🇮🇸 Drangsnes

🕒 Local time

08:56 8:56 AM

04:56 4:56 AM

4 h behind Tbilisi

🌤 Weather

👥 Population

1,241,700 Capital

100

💱 Currency

Georgian Lari GEL ₾

Icelandic Króna ISK kr

📈 Exchange rate

1 GEL = 0.387 USD

1 GEL = 0.346 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

Exchange rates and currency converter

ISK, USD, EUR to GEL – Georgian Lari Converter

🇺🇸 United States Dollar ($)

🇬🇪 Georgian Lari (₾)

Georgian Lari exchange rates as of November 4, 2026: 1 USD = 2.59 GEL (1 GEL = 0.387 USD). 1 EUR = 2.89 GEL (1 GEL = 0.346 EUR).

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

USD to GEL in detail →

On the map

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Between locations

Tbilisi Drangsnes 4,790 km ≈ 6 h nonstop flight

From you

Tbilisi
Drangsnes

Distances are measured in a straight line. Your location is detected approximately.

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 Drangsnes: Cost of Living - Frequently Asked Questions

Tbilisi wins on cost – living expenses run 26% lower than in Drangsnes. 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 88% lower in Tbilisi. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Childcare runs $371 in Tbilisi versus $1,168 in Drangsnes. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Tbilisi – a meal for two runs $38 versus $122 in Drangsnes. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $2,000 a month, though Tbilisi gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Tbilisi and Drangsnes are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Tbilisi wins on affordability, Drangsnes on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.