Cost of Living in Grundarfjordur - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,523 (excluding rent), and $1,597 including rent.
Family of 3: Estimated monthly costs are $3,889 (excluding rent), and $4,092 including rent.
Currency
Do you live in Grundarfjordur? Add cost details
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$27.25 kr 3,399
$15.46 kr 1,928
$48.81 kr 6,089
Three-Course Dinner for Two, Mid-Range
$146 kr 18.2K
$81 kr 10.1K
$243 kr 30.3K
Fast Food Meal (McDonalds, etc)
$22.62 kr 2,822
$19.39 kr 2,419
$27.46 kr 3,426
Cappuccino
$6.28 kr 783
$4.13 kr 515
$7.84 kr 978
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.22 kr 402
$2.33 kr 291
$3.91 kr 488
Water (0.33 liter bottle)
$2.63 kr 328
$2.06 kr 256
$3.95 kr 492
Local Beer (0.5 liter draught)
$12.88 kr 1,607
$8.05 kr 1,005
$14.5 kr 1,808
Imported Beer (0.33 liter bottle)
$11.23 kr 1,401
$8.82 kr 1,101
$14.44 kr 1,802
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.95 kr 243
$1.67 kr 208
$2.86 kr 357
White Bread (500g)
$4.36 kr 544
$2.68 kr 334
$8.21 kr 1,024
Rice (white) (1kg)
$3.61 kr 451
$2.36 kr 294
$6.21 kr 774
Eggs
$6.5 kr 810
$4.91 kr 613
$8.85 kr 1,104
Local Cheese (1kg)
$17.86 kr 2,229
$11.08 kr 1,382
$23.74 kr 2,962
Chicken Fillets (1kg)
$23.89 kr 2,980
$11.95 kr 1,491
$28.37 kr 3,539
Beef Round Steak (1kg)
$42.28 kr 5,275
$24 kr 2,994
$56.1 kr 6,997
Apples (1kg)
$3.3 kr 411
$2.17 kr 271
$4.85 kr 604
Banana (1kg)
$2.5 kr 312
$2.24 kr 280
$4.48 kr 559
Oranges (1kg)
$3.14 kr 392
$2.48 kr 309
$4.96 kr 619
Tomato (1kg)
$4.94 kr 617
$3.58 kr 446
$7.15 kr 892
Potato (1kg)
$3.51 kr 438
$2.35 kr 293
$4.38 kr 546
Onion (1kg)
$2.44 kr 304
$1.44 kr 180
$4.52 kr 564
Lettuce (1 head)
$3.15 kr 393
$1.83 kr 229
$5.24 kr 654
Water (1.5 liter bottle)
$1.99 kr 248
$1.01 kr 126
$3.66 kr 456
Cigarettes 20 Pack (Marlboro, Camel)
$13.74 kr 1,714
$12.12 kr 1,512
$15.28 kr 1,906
Wine (Bottle)
$24.42 kr 3,047
$16.28 kr 2,031
$36.63 kr 4,570
Local Beer (0.5 liter bottle)
$3.58 kr 447
$3.15 kr 393
$3.94 kr 492
Imported Beer (0.33 liter bottle)
$3.31 kr 413
$2.11 kr 263
$4.87 kr 608
🚌 Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$6.19 kr 772
$5.49 kr 685
$7.84 kr 978
Taxi (Normal Tariff) (1km)
$2.51 kr 314
$2.09 kr 260
$3.33 kr 415
Taxi 1hour Waiting (Normal Tariff)
$87.2 kr 10.9K
$80.6 kr 10.1K
$97.7 kr 12.2K
Gasoline (1 liter)
$2.55 kr 318
$2.4 kr 299
$2.63 kr 329
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$47K kr 5.9M
$43.9K kr 5.5M
$49.4K kr 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$51.5K kr 6.4M
$49.1K kr 6.1M
$55.5K kr 6.9M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$89.6 kr 11.2K
$62 kr 7,730
$205 kr 25.6K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.94 kr 3,361
$19.73 kr 2,462
$39.47 kr 4,923
Internet (50+ Mbps, Unlimited Data)
$84.3 kr 10.5K
$59.7 kr 7,442
$119 kr 14.9K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$17.7 kr 2,208
$14.55 kr 1,815
$18.58 kr 2,318
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$327 kr 40.8K
$274 kr 34.1K
$410 kr 51.1K
International Primary School, 1 Child (Yearly)
$30K kr 3.7M
$30K kr 3.7M
$30K kr 3.7M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$140 kr 17.5K
$97.2 kr 12.1K
$178 kr 22.2K
Summer Dress (H&M, Zara, etc)
$62 kr 7,731
$40.42 kr 5,042
$105 kr 13.1K
Sport Shoes (Adidas, Nike)
$181 kr 22.5K
$119 kr 14.9K
$239 kr 29.8K
Men's Leather Business Shoes
$267 kr 33.3K
$145 kr 18.1K
$339 kr 42.3K
🏠 Accommodation & Living
Cost
Range
Buy Apartment Outside City Center (m2)
$1,176 kr 146.7K
-
💵 Salaries & Financials
Cost
Range
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11
Citycost data is based on AI and user input — minor inaccuracies may occur.
Join the CityCost newsletter — low traffic, no spam, and easy to unsubscribe. Your email stays private.