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Cost of Living in Hafnarfjordur - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,528 (excluding rent), and $3,665 including rent.
Family of 3: Estimated monthly costs are $4,036 (excluding rent), and $6,790 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$26.65 ISK 3,393
$15.12 ISK 1,925
$47.73 ISK 6,078
Three-Course Dinner for Two, Mid-Range
$146 ISK 18.6K
$81.1 ISK 10.3K
$243 ISK 31K
Fast Food Meal (McDonalds, etc)
$16.21 ISK 2,065
$16.21 ISK 2,065
$27.29 ISK 3,476
Cappuccino
$6.14 ISK 782
$4.04 ISK 514
$7.67 ISK 976
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.24 ISK 412
$2.35 ISK 299
$3.93 ISK 501
Water (0.33 liter bottle)
$2.62 ISK 333
$2.05 ISK 260
$3.93 ISK 500
Local Beer (0.5 liter draught)
$12.68 ISK 1,615
$7.93 ISK 1,010
$14.27 ISK 1,818
Imported Beer (0.33 liter bottle)
$11.22 ISK 1,429
$8.82 ISK 1,123
$14.43 ISK 1,838
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.64 ISK 209
$1.58 ISK 201
$2.77 ISK 353
White Bread (500g)
$4.23 ISK 539
$2.6 ISK 331
$7.97 ISK 1,015
Rice (white) (1kg)
$3.68 ISK 469
$2.4 ISK 306
$6.33 ISK 806
Eggs
$6.53 ISK 832
$4.94 ISK 629
$8.9 ISK 1,134
Local Cheese (1kg)
$18.5 ISK 2,356
$11.47 ISK 1,461
$24.59 ISK 3,132
Chicken Fillets (1kg)
$23.99 ISK 3,055
$12.01 ISK 1,529
$28.5 ISK 3,629
Beef Round Steak (1kg)
$42.36 ISK 5,395
$24.04 ISK 3,062
$56.2 ISK 7,156
Apples (1kg)
$3.35 ISK 426
$2.2 ISK 281
$4.92 ISK 626
Banana (1kg)
$2.36 ISK 300
$2.18 ISK 278
$4.36 ISK 555
Oranges (1kg)
$3.03 ISK 385
$2.39 ISK 304
$4.78 ISK 609
Tomato (1kg)
$4.98 ISK 634
$3.6 ISK 459
$7.2 ISK 917
Potato (1kg)
$3.56 ISK 453
$2.38 ISK 303
$4.44 ISK 565
Onion (1kg)
$2.41 ISK 307
$1.43 ISK 182
$4.47 ISK 570
Lettuce (1 head)
$3.07 ISK 390
$1.78 ISK 227
$5.11 ISK 650
Water (1.5 liter bottle)
$1.95 ISK 248
$0.99 ISK 126
$3.58 ISK 456
Cigarettes 20 Pack (Marlboro, Camel)
$13.48 ISK 1,716
$11.89 ISK 1,514
$14.99 ISK 1,909
Wine (Bottle)
$24.67 ISK 3,142
$14.72 ISK 1,874
$39.78 ISK 5,066
Local Beer (0.5 liter bottle)
$3.59 ISK 457
$3.16 ISK 402
$3.95 ISK 503
Imported Beer (0.33 liter bottle)
$3.32 ISK 422
$2.11 ISK 269
$4.88 ISK 621
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$4.96 ISK 631
$3.55 ISK 452
$5.19 ISK 661
Public Transport Monthly Pass (Regular Price)
$85.2 ISK 10.8K
-
Taxi Start (Normal Tariff)
$6.47 ISK 824
$5.74 ISK 731
$8.2 ISK 1,044
Taxi (Normal Tariff) (1km)
$2.63 ISK 335
$2.18 ISK 278
$3.48 ISK 444
Taxi 1hour Waiting (Normal Tariff)
$87.5 ISK 11.1K
$80.9 ISK 10.3K
$98.1 ISK 12.5K
Gasoline (1 liter)
$2.48 ISK 316
$2.34 ISK 298
$2.59 ISK 330
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.2K ISK 6.1M
$45K ISK 5.7M
$50.7K ISK 6.5M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.2K ISK 6.8M
$50.7K ISK 6.5M
$57.3K ISK 7.3M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$69 ISK 8,790
$61.4 ISK 7,821
$203 ISK 25.9K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.18 ISK 3,461
$19.9 ISK 2,535
$39.81 ISK 5,069
Internet (50+ Mbps, Unlimited Data)
$83.7 ISK 10.7K
$59.2 ISK 7,535
$118 ISK 15K
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$64.6 ISK 8,220
-
Cinema Ticket
$16.11 ISK 2,052
$14.19 ISK 1,807
$18.12 ISK 2,308
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$318 ISK 40.5K
$266 ISK 33.9K
$398 ISK 50.7K
International Primary School, 1 Child (Yearly)
$29.7K ISK 3.8M
$29.7K ISK 3.8M
$29.7K ISK 3.8M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$121 ISK 15.4K
$96.8 ISK 12.3K
$178 ISK 22.6K
Summer Dress (H&M, Zara, etc)
$61 ISK 7,773
$39.81 ISK 5,070
$104 ISK 13.2K
Sport Shoes (Adidas, Nike)
$123 ISK 15.6K
$123 ISK 15.6K
$245 ISK 31.2K
Men's Leather Business Shoes
$263 ISK 33.5K
$143 ISK 18.2K
$334 ISK 42.5K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$2,409 ISK 306.7K
-
1-bedroom Apartment, Outside City Center (Monthly)
$2,011 ISK 256.1K
$1,931 ISK 245.9K
$2,091 ISK 266.3K
3-bedroom Apartment, City Center (Monthly)
$3,215 ISK 409.5K
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,603 ISK 331.5K
$2,196 ISK 279.7K
$3,010 ISK 383.3K
Buy Apartment in City Center (m2)
$6,744 ISK 858.8K
-
Buy Apartment Outside City Center (m2)
$6,774 ISK 862.6K
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$4,559 ISK 580.6K
-
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: December 1, 2025

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Cost of Living in Hafnarfjordur - Frequently Asked Questions
How does Hafnarfjordur compare in affordability for travelers, expats, and digital nomads, and who tends to get good value here?
Compared to central Reykjavik, Hafnarfjordur offers a quieter base with similar access to city amenities, which can feel like better value for longer stays. The Cost of Living in Hafnarfjordur leans toward what a nomad or expat needs: reliable groceries, affordable dining options outside peak areas, and a range of housing from compact apartments to family-friendly units. Expect seasonal shifts in energy and transport costs, but overall you’ll enjoy shorter commutes and less congestion. Neighborhoods near the harbor or old town add charm without the Reykjavik price tag. Tip: Start with a short stay to scope out neighborhoods, then book longer in advance to lock favorable rates.
What does daily life look like in Hafnarfjordur – housing search, groceries, dining, transport, and coworking options?
A day-to-day rhythm leans on a good balance of local essentials and access to Reykjavik. For housing, look for well-connected districts within walking distance to shops, parks, and the harbor; many finds are compact and efficient, ideal for a nomad with gear. Grocery options span supermarkets and small markets with Icelandic produce and fish, while dining ranges from casual cafés to robust take-away. Transport leans on buses and bike paths; winter weather means solid planning for shorter daylight hours. Co-working spaces cluster in town centers and near the bus routes. Hafnarfjordur living cost matters for planning groceries and rent as you set routines. Tip: Try a neighborhood walk to identify quiet streets and reliable transit.
How do you gauge quality of life, budgeting, and seasonal changes to fit Hafnarfjordur into your travel or expat plan, including neighborhood fit?
Quality of life here combines safety, nature, and a compact town feel with easy access to larger Reykjavík amenities. A practical budgeting framework is to separate housing, groceries, and utilities, then allocate flexible funds for dining and experiences – seasonality naturally affects these choices. In summer, outdoor pools, beaches, and local markets shine; in winter, geothermal baths and cozy cafés become anchors. When choosing a neighborhood, test proximity to transit, a grocery store, and a gym or coworking hub. Use a trial week to map your routines, then decide on a longer stay that matches your pace and preferred pace of life. Tip: build a simple weekly plan to keep spending intentional.

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