Solo nomad: Estimated monthly costs are $1,698 (excluding rent), and $1,603 including rent.
Family of 3: Estimated monthly costs are $3,480 (excluding rent), and $4,045 including rent.
Meal at Budget Restaurant
$15.57 ISK 1,910
$49.16 ISK 6,031
Three-Course Dinner for Two, Mid-Range
$78.9 ISK 9,686
$237 ISK 29.1K
Fast Food Meal (McDonalds, etc)
$19.56 ISK 2,399
$27.70 ISK 3,398
Cappuccino
$3.95 ISK 485
$7.51 ISK 921
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.36 ISK 290
$3.96 ISK 486
Water (0.33 liter bottle)
$2.00 ISK 246
$3.84 ISK 471
Local Beer (0.5 liter draught)
$7.89 ISK 968
$14.20 ISK 1,743
Imported Beer (0.33 liter bottle)
$8.67 ISK 1,064
$14.20 ISK 1,742
Taxi Start (Normal Tariff)
$5.67 ISK 695
$8.09 ISK 993
Taxi (Normal Tariff) (1km)
$2.11 ISK 259
$3.36 ISK 413
Taxi 1hour Waiting (Normal Tariff)
$80.4 ISK 9,860
$97.4 ISK 12.0K
Gasoline (1 liter)
$2.33 ISK 286
$2.56 ISK 314
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.5K ISK 5.5M
$50.0K ISK 6.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$50.1K ISK 6.2M
$56.6K ISK 6.9M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.3 ISK 7,395
$199 ISK 24.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.06 ISK 2,461
$40.12 ISK 4,922
Internet (50+ Mbps, Unlimited Data)
$60.5 ISK 7,428
$121 ISK 14.8K
Jeans (Levis 501 Or Similar)
$96.4 ISK 11.8K
$177 ISK 21.7K
Summer Dress (H&M, Zara, etc)
$40.96 ISK 5,026
$107 ISK 13.1K
Sport Shoes (Adidas, Nike)
$123 ISK 15.1K
$246 ISK 30.1K
Men's Leather Business Shoes
$147 ISK 18.0K
$342 ISK 42.0K