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Cost of Living in Drangsnes - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,505 (excluding rent), and $1,585 including rent.
Family of 3: Estimated monthly costs are $4,228 (excluding rent), and $4,086 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$27.13 ISK 3,455
$15.39 ISK 1,960
$48.6 ISK 6,189
Three-Course Dinner for Two, Mid-Range
$144 ISK 18.4K
$80.1 ISK 10.2K
$240 ISK 30.6K
Fast Food Meal (McDonalds, etc)
$22.39 ISK 2,851
$19.2 ISK 2,445
$27.19 ISK 3,462
Cappuccino
$6.06 ISK 771
$3.98 ISK 507
$7.56 ISK 963
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.35 ISK 427
$2.43 ISK 310
$4.07 ISK 519
Water (0.33 liter bottle)
$2.61 ISK 332
$2.04 ISK 260
$3.92 ISK 499
Local Beer (0.5 liter draught)
$12.99 ISK 1,654
$8.12 ISK 1,034
$14.61 ISK 1,861
Imported Beer (0.33 liter bottle)
$11.13 ISK 1,417
$8.74 ISK 1,113
$14.31 ISK 1,822
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.93 ISK 246
$1.66 ISK 211
$2.84 ISK 362
White Bread (500g)
$4.28 ISK 546
$2.63 ISK 335
$8.07 ISK 1,027
Rice (white) (1kg)
$3.74 ISK 476
$2.44 ISK 310
$6.42 ISK 817
Eggs
$6.52 ISK 830
$4.93 ISK 628
$8.89 ISK 1,132
Local Cheese (1kg)
$18.02 ISK 2,295
$11.18 ISK 1,423
$23.95 ISK 3,051
Chicken Fillets (1kg)
$23.99 ISK 3,055
$12 ISK 1,529
$28.49 ISK 3,628
Beef Round Steak (1kg)
$42.36 ISK 5,394
$24.04 ISK 3,062
$56.2 ISK 7,156
Apples (1kg)
$3.23 ISK 411
$2.13 ISK 271
$4.74 ISK 604
Banana (1kg)
$2.41 ISK 307
$2.16 ISK 275
$4.31 ISK 549
Oranges (1kg)
$2.96 ISK 377
$2.34 ISK 298
$4.68 ISK 596
Tomato (1kg)
$5.1 ISK 649
$3.69 ISK 470
$7.37 ISK 938
Potato (1kg)
$3.52 ISK 448
$2.35 ISK 299
$4.38 ISK 558
Onion (1kg)
$2.34 ISK 298
$1.38 ISK 176
$4.34 ISK 553
Lettuce (1 head)
$3.15 ISK 402
$1.84 ISK 234
$5.25 ISK 669
Water (1.5 liter bottle)
$1.93 ISK 246
$0.98 ISK 125
$3.55 ISK 452
Cigarettes 20 Pack (Marlboro, Camel)
$13.64 ISK 1,737
$12.03 ISK 1,532
$15.17 ISK 1,931
Wine (Bottle)
$24.78 ISK 3,155
$14.78 ISK 1,882
$39.95 ISK 5,088
Local Beer (0.5 liter bottle)
$3.59 ISK 457
$3.16 ISK 402
$3.95 ISK 503
Imported Beer (0.33 liter bottle)
$3.29 ISK 419
$2.1 ISK 267
$4.84 ISK 616
🚌 Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$6.44 ISK 820
$5.71 ISK 727
$8.15 ISK 1,038
Taxi (Normal Tariff) (1km)
$2.66 ISK 338
$2.21 ISK 281
$3.52 ISK 448
Taxi 1hour Waiting (Normal Tariff)
$87.8 ISK 11.2K
$81.1 ISK 10.3K
$98.4 ISK 12.5K
Gasoline (1 liter)
$2.46 ISK 314
$2.32 ISK 295
$2.54 ISK 324
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.1K ISK 6.1M
$44.9K ISK 5.7M
$50.5K ISK 6.4M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.5K ISK 6.7M
$50.1K ISK 6.4M
$56.5K ISK 7.2M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$86.9 ISK 11.1K
$60.1 ISK 7,649
$199 ISK 25.3K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.99 ISK 3,437
$19.77 ISK 2,517
$39.53 ISK 5,034
Internet (50+ Mbps, Unlimited Data)
$86.3 ISK 11K
$61 ISK 7,772
$122 ISK 15.5K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$17.52 ISK 2,232
$14.41 ISK 1,835
$18.4 ISK 2,343
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$320 ISK 40.8K
$268 ISK 34.1K
$401 ISK 51.1K
International Primary School, 1 Child (Yearly)
$30.5K ISK 3.9M
$30.5K ISK 3.9M
$30.5K ISK 3.9M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$142 ISK 18K
$98.4 ISK 12.5K
$180 ISK 23K
Summer Dress (H&M, Zara, etc)
$61.3 ISK 7,808
$39.99 ISK 5,092
$104 ISK 13.2K
Sport Shoes (Adidas, Nike)
$182 ISK 23.2K
$120 ISK 15.3K
$241 ISK 30.6K
Men's Leather Business Shoes
$263 ISK 33.5K
$143 ISK 18.2K
$334 ISK 42.5K
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$5,913 ISK 753K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11

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

Last update: November 30, 2025

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Cost of Living in Drangsnes - Frequently Asked Questions
Is Drangsnes affordable for travelers, expats, and digital nomads?
Compared with Iceland's larger towns, Drangsnes tends to feel more affordable for longer stays, though comfort depends on season and access. Lodging usually centers on small guesthouses or cottages with flexible pricing, and groceries reflect the rural supply chain rather than city markups. Dining out is limited, so most days lean toward home cooking or simple locally sourced options. Transportation costs can rise if constant travel to bigger towns is needed, but the quiet pace saves on incidentals. Cost of Living in Drangsnes, Iceland tends to echo lifestyle choices – be prepared to prioritize essentials and outdoor activities over mass-market amenities. Tip: Start with a short stay to test pace and local shopping before committing long-term.
What does daily life look like for housing, meals, transport, and errands in Drangsnes?
Daily life in Drangsnes centers on practical routines. Housing options range from simple rental cottages to seasonal stays, usually with good value for smaller spaces. Food comes from a mix of local shops and occasional trips to larger towns, so budgeting around a few groceries per week helps. Transport relies on a car or limited bus services, with fuel and upkeep being the main recurring costs; bike-friendly routes add flexibility. Co-working or remote work can work from a quiet home or a local cafe when available. For a gauge, consider the Drangsnes, Iceland living cost alongside your work needs and travel plans. Tip: Align errands with a weekly shopping route and use seasonal produce to stretch a budget.
What budgeting strategies help maintain quality of life in Drangsnes, considering seasonality and neighborhood fit?
Quality of life here comes from balance rather than big-city choices. A practical budgeting framework favors clear fixed costs – housing, utilities, and transport – plus flexible categories for dining, entertainment, and gear for outdoor adventures. In winter, heating and wind resilience shape daily routines; in summer, longer daylight invites hikes and sea swims that cost little beyond gear and maintenance. Neighborhood fit depends on proximity to the sea, a dockside vibe, or quiet hillside paths; choose a base that minimizes unnecessary travel. Plan ahead for seasonal service gaps and build a small reserve for unexpected repairs. Tip: keep a simple monthly notebook to track habitual costs and adjust as needed.
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