Last update: Oct 2026

Cost of Living Comparison Between Tbilisi and Grundarfjordur

For one person, living is cheaper in Tbilisi: $1,266 a month against $1,722 in Grundarfjordur, rent and utilities included – about $5,500 less a year. The total is higher in Grundarfjordur despite lower rent and utilities.

62

Cost of Living Index in Tbilisi
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Tbilisi Living Index
84

Cost of Living Index in Grundarfjordur
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Grundarfjordur Living Index

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Tbilisi

🇬🇪 Georgia

$1,266

/mo nomad

Grundarfjordur

🇮🇸 Iceland

$1,722

/mo nomad

Monthly Cost of Living

How much you'll spend in Tbilisi and in Grundarfjordur

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 Grundarfjordur actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,266 in Tbilisi versus $1,722 in Grundarfjordur.

Tbilisi $1,266
Grundarfjordur $1,722

Estimated couple costs with rent: $2,007 in Tbilisi versus $2,930 in Grundarfjordur.

Tbilisi $2,007
Grundarfjordur $2,930

Monthly costs for a family of three with rent: $2,749 in Tbilisi versus $4,138 in Grundarfjordur.

Tbilisi $2,749
Grundarfjordur $4,138

Living in Tbilisi costs roughly 27% less than in Grundarfjordur, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Tbilisi is 6% below, Grundarfjordur is 28% above.

Meal at Budget Restaurant

$11.34 ₾29.35

$31.43 ISK 3,812

-63.92%

Three-Course Dinner for Two, Mid-Range

$39.05 ₾101

$123 ISK 14.9K

-68.14%

Fast Food Meal (McDonalds, etc)

$9.63 ₾24.92

$27.34 ISK 3,316

-64.78%

Cappuccino

$3.46 ₾8.95

$6.73 ISK 816

-48.59%

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

$1.09 ₾2.82

$3.35 ISK 406

-67.46%

Water (0.33 liter bottle)

$0.63 ₾1.62

$3.02 ISK 367

-79.14%

Local Beer (0.5 liter draught)

$2.77 ₾7.17

$13.78 ISK 1,671

-79.90%

Imported Beer (0.33 liter bottle)

$3.10 ₾8.04

$12.34 ISK 1,496

-74.88%

Milk (1 liter)

$2.25 ₾5.81

$2.11 ISK 255

6.64%

White Bread (500g)

$0.80 ₾2.07

$4.31 ISK 523

-81.44%

Rice (white) (1kg)

$1.76 ₾4.55

$3.60 ISK 437

-51.11%

Eggs

$2.75 ₾7.11

$7.15 ISK 867

-61.54%

Local Cheese (1kg)

$9.39 ₾24.32

$21.52 ISK 2,610

-56.37%

Chicken Fillets (1kg)

$6.66 ₾17.23

$24.59 ISK 2,983

-72.92%

Beef Round Steak (1kg)

$12.92 ₾33.45

$41.30 ISK 5,010

-68.72%

Apples (1kg)

$1.67 ₾4.31

$3.23 ISK 392

-48.30%

Banana (1kg)

$1.80 ₾4.65

$2.88 ISK 349

-37.50%

Oranges (1kg)

$1.92 ₾4.97

$3.27 ISK 396

-41.28%

Tomato (1kg)

$2.41 ₾6.24

$6.39 ISK 776

-62.28%

Potato (1kg)

$0.86 ₾2.23

$3.96 ISK 480

-78.28%

Onion (1kg)

$0.69 ₾1.80

$1.68 ISK 204

-58.93%

Lettuce (1 head)

$1.40 ₾3.62

$3.67 ISK 445

-61.85%

Water (1.5 liter bottle)

$0.71 ₾1.85

$1.83 ISK 222

-61.20%

Cigarettes 20 Pack (Marlboro, Camel)

$3.51 ₾9.08

$13.67 ISK 1,658

-74.32%

Wine (Bottle)

$7.61 ₾19.69

$23.72 ISK 2,877

-67.92%

Local Beer (0.5 liter bottle)

$1.63 ₾4.21

$3.53 ISK 428

-53.82%

Imported Beer (0.33 liter bottle)

$2.31 ₾5.98

$3.48 ISK 423

-33.62%

One-way Ticket (Public Transport)

$0.37 ₾0.96

Public Transport Monthly Pass (Regular Price)

$15.67 ₾40.57

Taxi Start (Normal Tariff)

$1.14 ₾2.95

$6.67 ISK 809

-82.91%

Taxi (Normal Tariff) (1km)

$0.79 ₾2.05

$2.90 ISK 352

-72.76%

Taxi 1hour Waiting (Normal Tariff)

$11.86 ₾30.70

$81.7 ISK 9,913

-85.49%

Gasoline (1 liter)

$1.40 ₾3.62

$2.02 ISK 245

-30.69%

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

$24.8K ₾64.2K

$51.5K ISK 6.2M

-51.87%

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

$21.9K ₾56.6K

$52.9K ISK 6.4M

-58.71%

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

$89.1 ₾231

$97.1 ISK 11.8K

-8.20%

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

$13.21 ₾34.19

$32.85 ISK 3,985

-59.79%

Internet (50+ Mbps, Unlimited Data)

$19.76 ₾51.1

$85.2 ISK 10.3K

-76.80%

Gym Membership (Monthly)

$64.9 ₾168

Tennis Court (1 Hour on Weekend)

$19.02 ₾49.24

Cinema Ticket

$6.57 ₾17.02

$19.40 ISK 2,353

-66.13%

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

$377 ₾975

$1,191 ISK 144.4K

-68.36%

International Primary School, 1 Child (Yearly)

$10.8K ₾27.9K

$25.8K ISK 3.1M

-58.13%

Jeans (Levis 501 Or Similar)

$102 ₾265

$147 ISK 17.8K

-30.34%

Summer Dress (H&M, Zara, etc)

$39.70 ₾103

$66.1 ISK 8,022

-39.98%

Sport Shoes (Adidas, Nike)

$118 ₾305

$185 ISK 22.5K

-36.47%

Men's Leather Business Shoes

$123 ₾320

$253 ISK 30.7K

-51.20%

1-bedroom Apartment, City Center (Monthly)

$666 ₾1,724

1-bedroom Apartment, Outside City Center (Monthly)

$449 ₾1,163

3-bedroom Apartment, City Center (Monthly)

$1,284 ₾3,324

3-bedroom Apartment, Outside City Center (Monthly)

$890 ₾2,303

Buy Apartment in City Center (m2)

$2,425 ₾6,276

Buy Apartment Outside City Center (m2)

$1,380 ₾3,573

$1,121 ISK 135.9K

23.15%

Average Monthly Net Salary (After Tax)

$680 ₾1,760

20-Year Fixed Mortgage Interest Rate (Annual %)

12.62

8.81

43.25%

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

Last update for Tbilisi: October 12, 2026

Last update for Grundarfjordur: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Tbilisi

$449 35.5%

Grundarfjordur

- * 0% 100%

Groceries & Markets

Tbilisi

$234 18.5%

Grundarfjordur

$621 36.1% 166% $387

Eating Out

Tbilisi

$188 14.9%

Grundarfjordur

$533 31% 184% $345

Clothing & Footwear

Tbilisi

$172 13.6%

Grundarfjordur

$293 17% 70% $121

Monthly Utilities & Internet

Tbilisi

$122 9.7%

Grundarfjordur

$215 12.5% 76.2% $93

Sport & Entertainment

Tbilisi

$78 6.2%

Grundarfjordur

$39 * 2.3% 50.3% $39

Getting Around

Tbilisi

$22 1.8%

Grundarfjordur

$21 * 1.2% 4.9% $1.1

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

Cost Breakdown

Dining out: $39.00 in Tbilisi vs $123 in Grundarfjordur for a mid-range dinner for two. Groceries echo the gap at $234 vs $621 per month, with Tbilisi cheaper across the board.

Good to know

🇬🇪 Tbilisi

🇮🇸 Grundarfjordur

🕒 Local time

23:05 11:05 PM

19:05 7:05 PM

4 h behind Tbilisi

🌤 Weather

👥 Population

1,241,700 Capital

800

💱 Currency

Georgian Lari GEL ₾

Icelandic Króna ISK kr

📈 Exchange rate

1 GEL = 0.386 USD

1 GEL = 0.344 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.35 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 October 16, 2026: 1 USD = 2.59 GEL (1 GEL = 0.386 USD). 1 EUR = 2.9 GEL (1 GEL = 0.344 EUR).

Icelandic Króna exchange rates as of October 16, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to GEL in detail →

On the map

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Between locations

Tbilisi Grundarfjordur 4,880 km ≈ 7 h nonstop flight

From you

Tbilisi
Grundarfjordur

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 Grundarfjordur: Cost of Living - Frequently Asked Questions

Tbilisi wins on cost – living expenses run 36% lower than in Grundarfjordur. Housing and daily spending are where you'll feel the difference most, making Tbilisi the obvious pick if budget is a priority.

You'd need roughly $1,899 in Tbilisi and $2,584 in Grundarfjordur to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 166% higher in Grundarfjordur. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,266 per month in Tbilisi versus $1,722 in Grundarfjordur – a 36% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,266 in Tbilisi versus $1,722 in Grundarfjordur, a $2,000 budget is realistic in Tbilisi but tight or insufficient in Grundarfjordur. 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 $1,266 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Tbilisi hard to pass up.

Safety-wise, Tbilisi and Grundarfjordur 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 36% less than in Grundarfjordur. Beyond cost, consider language, visa policies, and how big the international community is in each city.