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Cost of Living in Grundarfjordur - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,749 (excluding rent), and $1,584 including rent.
Family of 3: Estimated monthly costs are $3,617 (excluding rent), and $4,092 including rent.
Currency
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๐Ÿฝ Eating Out
Cost
Range
Meal at Budget Restaurant
$27.17 ISKย 3,460
$15.41 ISKย 1,962
$48.66 ISKย 6,197
Three-Course Dinner for Two, Mid-Range
$143 ISKย 18.3K
$79.7 ISKย 10.2K
$239 ISKย 30.5K
Fast Food Meal (McDonalds, etc)
$22.81 ISKย 2,905
$19.56 ISKย 2,491
$27.7 ISKย 3,528
Cappuccino
$6.21 ISKย 791
$4.08 ISKย 520
$7.75 ISKย 987
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.24 ISKย 412
$2.35 ISKย 299
$3.93 ISKย 501
Water (0.33 liter bottle)
$2.6 ISKย 331
$2.03 ISKย 259
$3.9 ISKย 497
Local Beer (0.5 liter draught)
$12.97 ISKย 1,652
$8.11 ISKย 1,033
$14.59 ISKย 1,859
Imported Beer (0.33 liter bottle)
$11.22 ISKย 1,429
$8.81 ISKย 1,123
$14.43 ISKย 1,837
๐Ÿ›’ Groceries & Markets
Cost
Range
Milk (1 liter)
$1.88 ISKย 240
$1.62 ISKย 206
$2.77 ISKย 353
White Bread (500g)
$4.24 ISKย 540
$2.6 ISKย 331
$7.98 ISKย 1,016
Rice (white) (1kg)
$3.67 ISKย 468
$2.39 ISKย 305
$6.31 ISKย 803
Eggs
$6.27 ISKย 798
$4.74 ISKย 604
$8.54 ISKย 1,087
Local Cheese (1kg)
$18.15 ISKย 2,311
$11.26 ISKย 1,434
$24.12 ISKย 3,072
Chicken Fillets (1kg)
$23.9 ISKย 3,043
$11.96 ISKย 1,523
$28.38 ISKย 3,614
Beef Round Steak (1kg)
$42.18 ISKย 5,371
$23.94 ISKย 3,048
$56 ISKย 7,125
Apples (1kg)
$3.23 ISKย 411
$2.13 ISKย 271
$4.75 ISKย 605
Banana (1kg)
$2.43 ISKย 310
$2.17 ISKย 277
$4.35 ISKย 554
Oranges (1kg)
$3 ISKย 382
$2.37 ISKย 302
$4.74 ISKย 603
Tomato (1kg)
$4.94 ISKย 629
$3.58 ISKย 456
$7.14 ISKย 910
Potato (1kg)
$3.53 ISKย 449
$2.36 ISKย 300
$4.4 ISKย 560
Onion (1kg)
$2.4 ISKย 306
$1.42 ISKย 181
$4.46 ISKย 567
Lettuce (1 head)
$3.09 ISKย 394
$1.8 ISKย 229
$5.15 ISKย 656
Water (1.5 liter bottle)
$2.03 ISKย 258
$1.03 ISKย 131
$3.73 ISKย 475
Cigarettes 20 Pack (Marlboro, Camel)
$13.8 ISKย 1,758
$12.18 ISKย 1,551
$15.35 ISKย 1,955
Wine (Bottle)
$24.54 ISKย 3,125
$14.64 ISKย 1,865
$39.58 ISKย 5,040
Local Beer (0.5 liter bottle)
$3.69 ISKย 470
$3.25 ISKย 413
$4.06 ISKย 518
Imported Beer (0.33 liter bottle)
$3.23 ISKย 412
$2.06 ISKย 262
$4.75 ISKย 605
๐ŸšŒ Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$6.51 ISKย 828
$5.77 ISKย 735
$8.24 ISKย 1,049
Taxi (Normal Tariff) (1km)
$2.62 ISKย 334
$2.18 ISKย 277
$3.47 ISKย 442
Taxi 1hour Waiting (Normal Tariff)
$86.9 ISKย 11.1K
$80.3 ISKย 10.2K
$97.4 ISKย 12.4K
Gasoline (1 liter)
$2.49 ISKย 317
$2.34 ISKย 298
$2.57 ISKย 327
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.1K ISKย 6.1M
$44.9K ISKย 5.7M
$50.5K ISKย 6.4M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.1K ISKย 6.8M
$50.6K ISKย 6.4M
$57.2K ISKย 7.3M
๐Ÿงพ Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$86.2 ISKย 11K
$59.6 ISKย 7,590
$197 ISKย 25.1K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.95 ISKย 3,560
$20.47 ISKย 2,607
$40.95 ISKย 5,215
Internet (50+ Mbps, Unlimited Data)
$83.9 ISKย 10.7K
$59.3 ISKย 7,554
$118 ISKย 15.1K
๐ŸŽ‰ Sport & Entertainment
Cost
Range
Cinema Ticket
$17.3 ISKย 2,203
$14.22 ISKย 1,812
$18.17 ISKย 2,314
๐Ÿงธ Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$323 ISKย 41.1K
$270 ISKย 34.3K
$404 ISKย 51.4K
International Primary School, 1 Child (Yearly)
$30.2K ISKย 3.9M
$30.2K ISKย 3.9M
$30.2K ISKย 3.9M
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$142 ISKย 18K
$98.3 ISKย 12.5K
$180 ISKย 22.9K
Summer Dress (H&M, Zara, etc)
$60.6 ISKย 7,714
$39.51 ISKย 5,031
$103 ISKย 13.1K
Sport Shoes (Adidas, Nike)
$182 ISKย 23.2K
$120 ISKย 15.3K
$241 ISKย 30.6K
Men's Leather Business Shoes
$268 ISKย 34.2K
$146 ISKย 18.6K
$340 ISKย 43.4K
๐Ÿ  Accommodation & Living
Cost
Range
Buy Apartment Outside City Center (m2)
$1,139 ISKย 145K
-
๐Ÿ’ต Salaries & Financials
Cost
Range
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11

Citycost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update: November 30, 2025

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Cost of Living in Grundarfjordur - Frequently Asked Questions
How does Grundarfjordur compare in terms of overall affordability for travelers, expats, and digital nomads?
Grundarfjordur, a small town on the Snรฆfellsnes Peninsula, offers striking scenery and a calm pace, but prices reflect Icelandโ€™s general cost environment. The Cost of Living in Grundarfjordur, Iceland can feel higher for everyday goods and dining out compared with many destinations, yet housing options are sometimes more approachable than in Reykjavik for certain layouts and seasons. For longer stays, youโ€™ll gain value by shopping at local markets, embracing seasonal produce, and choosing accommodations with cooking facilities. Seasonal demand drives costs up in peak months, while winter travel can reduce access but lower some costs. Tip: plan a season-aware budget and prioritize longer stays over short, tourist-focused visits.
What does daily life look like in Grundarfjordur in terms of housing, food options, transport, and getting around as a traveler, expat, or digital nomad?
Housing search in Grundarfjordur usually centers on small apartments or shared homes near the harbor and town center. For groceries, youโ€™ll use a mix of local shops and a larger market in the region; cooking at home helps manage the Grundarfjordur, Iceland living cost and is the most reliable way to control your budget. Transportation commonly relies on a car, though some residents use infrequent buses or rideshares; plan errands in blocks and factor winter driving conditions. For working remotely, you may find local co-working vibes in nearby towns, or set up in cafes with steady wifi when allowed. Seasonal crowds can shift availability, so book ahead if you need a longer stay. Tip: Build a week-by-week plan that groups errands and work sessions to save time and fuel.
What factors influence quality of life, budgeting approaches, and neighborhood fit in Grundarfjordur, and how can you adapt to seasonal shifts?
Quality of life here is defined by balance: youโ€™ll enjoy dramatic landscapes, fresh air, and a close-knit community, with budgeting framed around essential costs and seasonal opportunities. Create a flexible framework: compare lodging options by season, use groceries and meal-prep to curb dining costs, and allocate transport for the clearest travel windows. Embrace local activities like weekend markets and nature trips that vary by month, matching your pace to daylight hours. Neighborhood fit depends on access to services and quiet workspaces; consider proximity to the harbor for light, and higher ridges for views. Tip: set a monthly buffer for seasonal shifts and build a routine that respects daylight cycles.
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