Last update: Oct 2026

Cost of Living Comparison Between Villingen-Schwenningen and Akranes

For one person, living is cheaper in Villingen-Schwenningen: $1,845 a month against $3,713 in Akranes, rent and utilities included – about $22,400 less a year. Rent and utilities account for most of the difference.

89

Cost of Living Index in Villingen-Schwenningen
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Villingen-Schwenningen Living Index
179

Cost of Living Index in Akranes
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Akranes Living Index

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Villingen-Schwenningen

🇩🇪 Germany

$1,845

/mo nomad

Akranes

🇮🇸 Iceland

$3,713

/mo nomad

Monthly Cost of Living

How much you'll spend in Villingen-Schwenningen and in Akranes

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

Monthly costs for one person with rent: $1,845 in Villingen-Schwenningen versus $3,713 in Akranes.

Villingen-Schwenningen $1,845
Akranes $3,713

Estimated couple costs with rent: $2,861 in Villingen-Schwenningen versus $5,859 in Akranes.

Villingen-Schwenningen $2,861
Akranes $5,859

Monthly costs for a family of three with rent: $3,878 in Villingen-Schwenningen versus $8,006 in Akranes.

Villingen-Schwenningen $3,878
Akranes $8,006

Living in Villingen-Schwenningen costs roughly 50% less than in Akranes, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Villingen-Schwenningen 36% above, Akranes 173% above.

Meal at Budget Restaurant

$15.59 €13.97

$31.70 ISK 3,851

-50.82%

Three-Course Dinner for Two, Mid-Range

$56.7 €50.8

$123 ISK 15.0K

-54.06%

Fast Food Meal (McDonalds, etc)

$10.21 €9.15

$26.72 ISK 3,246

-61.79%

Cappuccino

$3.40 €3.04

$6.01 ISK 731

-43.43%

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

$3.38 €3.03

$3.19 ISK 388

5.96%

Water (0.33 liter bottle)

$2.19 €1.96

$2.51 ISK 305

-12.75%

Local Beer (0.5 liter draught)

$4.93 €4.42

$10.69 ISK 1,299

-53.88%

Imported Beer (0.33 liter bottle)

$4.42 €3.96

$8.10 ISK 985

-45.43%

Milk (1 liter)

$1.22 €1.09

$2.10 ISK 255

-41.90%

White Bread (500g)

$2.18 €1.95

$2.04 ISK 248

6.86%

Rice (white) (1kg)

$2.86 €2.56

$3.71 ISK 451

-22.91%

Eggs

$2.59 €2.32

$6.26 ISK 761

-58.63%

Local Cheese (1kg)

$9.90 €8.87

$20.35 ISK 2,472

-51.35%

Chicken Fillets (1kg)

$11.29 €10.12

$24.72 ISK 3,004

-54.33%

Beef Round Steak (1kg)

$14.94 €13.39

$42.16 ISK 5,123

-64.56%

Apples (1kg)

$3.11 €2.79

$3.30 ISK 401

-5.76%

Banana (1kg)

$1.57 €1.41

$2.72 ISK 330

-42.28%

Oranges (1kg)

$2.12 €1.90

$3.23 ISK 393

-34.37%

Tomato (1kg)

$3.99 €3.58

$4.89 ISK 594

-18.40%

Potato (1kg)

$1.28 €1.15

$3.82 ISK 464

-66.49%

Onion (1kg)

$1.34 €1.20

$1.71 ISK 208

-21.64%

Lettuce (1 head)

$1.40 €1.26

$3.65 ISK 443

-61.64%

Water (1.5 liter bottle)

$1.06 €0.95

$1.81 ISK 220

-41.44%

Cigarettes 20 Pack (Marlboro, Camel)

$9.21 €8.25

$13.90 ISK 1,688

-33.74%

Wine (Bottle)

$3.79 €3.40

$23.57 ISK 2,864

-83.92%

Local Beer (0.5 liter bottle)

$1.18 €1.05

$2.88 ISK 350

-59.03%

Imported Beer (0.33 liter bottle)

$1.56 €1.40

$2.07 ISK 251

-24.64%

One-way Ticket (Public Transport)

$3.56 €3.19

$3.61 ISK 439

-1.39%

Public Transport Monthly Pass (Regular Price)

$69.4 €62.2

$72.3 ISK 8,785

-4.02%

Taxi Start (Normal Tariff)

$4.98 €4.46

$6.55 ISK 795

-23.97%

Taxi (Normal Tariff) (1km)

$2.77 €2.49

$1.25 ISK 152

121.60%

Taxi 1hour Waiting (Normal Tariff)

$42.27 €37.87

$81.9 ISK 9,952

-48.39%

Gasoline (1 liter)

$2.02 €1.81

$2.08 ISK 252

-2.88%

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

$32.9K €29.5K

$67.8K ISK 8.2M

-51.51%

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

$38.1K €34.1K

$54.6K ISK 6.6M

-30.23%

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

$475 €426

$96.4 ISK 11.7K

393.21%

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

$15.55 €13.93

$33.29 ISK 4,045

-53.29%

Internet (50+ Mbps, Unlimited Data)

$45.96 €41.19

$85.0 ISK 10.3K

-45.95%

Gym Membership (Monthly)

$38.59 €34.58

$104 ISK 12.7K

-62.95%

Tennis Court (1 Hour on Weekend)

$24.36 €21.83

Cinema Ticket

$10.26 €9.19

$19.29 ISK 2,344

-46.81%

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

$261 €234

$1,205 ISK 146.4K

-78.33%

International Primary School, 1 Child (Yearly)

$17.1K €15.3K

$26.1K ISK 3.2M

-34.40%

Jeans (Levis 501 Or Similar)

$84.7 €75.9

$150 ISK 18.2K

-43.41%

Summer Dress (H&M, Zara, etc)

$60.3 €54.0

$67.1 ISK 8,153

-10.22%

Sport Shoes (Adidas, Nike)

$110 €98.7

$179 ISK 21.8K

-38.52%

Men's Leather Business Shoes

$106 €94.7

$246 ISK 29.9K

-57.01%

1-bedroom Apartment, City Center (Monthly)

$807 €723

$3,064 ISK 372.3K

-73.67%

1-bedroom Apartment, Outside City Center (Monthly)

$450 €403

$1,889 ISK 229.5K

-76.17%

3-bedroom Apartment, City Center (Monthly)

$1,481 €1,328

$5,013 ISK 609.1K

-70.45%

3-bedroom Apartment, Outside City Center (Monthly)

$1,159 €1,038

$3,654 ISK 444.0K

-68.29%

Buy Apartment in City Center (m2)

$4,504 €4,036

Buy Apartment Outside City Center (m2)

$3,133 €2,808

Average Monthly Net Salary (After Tax)

$4,022 €3,604

$5,704 ISK 693.0K

-29.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

8.81

-56.75%

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

Last update for Villingen-Schwenningen: October 26, 2026

Last update for Akranes: October 27, 2026

Monthly budget structure

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

Monthly Utilities & Internet

Villingen-Schwenningen

$537 29.1%

Akranes

$215 5.8% 60% $322

Accommodation & Living

Villingen-Schwenningen

$450 24.4%

Akranes

$1.9K 50.9% 320% $1.4K

Groceries & Markets

Villingen-Schwenningen

$282 15.3%

Akranes

$579 15.6% 106% $298

Eating Out

Villingen-Schwenningen

$252 13.7%

Akranes

$498 13.4% 97.9% $246

Clothing & Footwear

Villingen-Schwenningen

$162 8.8%

Akranes

$289 7.8% 77.9% $126

Getting Around

Villingen-Schwenningen

$102 5.6%

Akranes

$100 2.7% 2.8% $2.9

Sport & Entertainment

Villingen-Schwenningen

$59 3.2%

Akranes

$143 3.9% 142% $84

Cost Breakdown

A one-bedroom apartment in the center runs $807 in Villingen-Schwenningen and $3,064 in Akranes. Housing cost is often the main lever when comparing two cities.

Akranes pays 42% 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: $57 in Villingen-Schwenningen vs $123 in Akranes for a mid-range dinner for two. Groceries echo the gap at $282 vs $579 per month, with Villingen-Schwenningen cheaper across the board.

Good to know

🇩🇪 Villingen-Schwenningen

🇮🇸 Akranes

🕒 Local time

02:05 2:05 AM

01:05 1:05 AM

1 h behind Villingen-Schwenningen

🌤 Weather

👥 Population

81,128

7,800

💱 Currency

Euro EUR €

Icelandic Króna ISK kr

📈 Exchange rate

1 EUR = 1.12 USD

1,000 ISK = 8.23 USD

1,000 ISK = 7.39 EUR

Exchange rates and currency converter

ISK, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 29, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

Icelandic Króna exchange rates as of October 29, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 135 ISK (1,000 ISK = 7.39 EUR).

USD to EUR in detail →

On the map

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Between locations

Villingen-Schwenningen Akranes 2,570 km ≈ 3 h 45 min nonstop flight

From you

Villingen-Schwenningen
Akranes

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

Villingen-Schwenningen vs Akranes: Cost of Living - Frequently Asked Questions

Villingen-Schwenningen wins on cost – living expenses run 50% lower than in Akranes. Housing and daily spending are where you’ll feel the difference most, making Villingen-Schwenningen the obvious pick if budget is a priority.

On paper, salaries run 29% lower in Villingen-Schwenningen. 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: $807 in Villingen-Schwenningen versus $3,064 in Akranes. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,845 per month in Villingen-Schwenningen versus $3,713 in Akranes – Villingen-Schwenningen is about 50% cheaper, which adds up to real savings over time.

A monthly transit pass in Villingen-Schwenningen runs roughly 4% less than in Akranes. The price difference matters if you commute daily and watch your budget.

At $1,845 in Villingen-Schwenningen versus $3,713 in Akranes, a $3,000 budget is realistic in Villingen-Schwenningen but tight or insufficient in Akranes. The gap between the two cities makes Villingen-Schwenningen the clear choice for anyone on this budget.

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, Villingen-Schwenningen and Akranes are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Villingen-Schwenningen gentler on the wallet – expenses run 50% less than in Akranes. Beyond cost, consider language, visa policies, and how big the international community is in each city.