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Cost of Living in Hafnarfjordur - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,540 (excluding rent), and $3,758 including rent.
Family of 3: Estimated monthly costs are $4,208 (excluding rent), and $6,898 including rent.
Currency
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$27.05 ISK 3,407
$15.34 ISK 1,933
$48.45 ISK 6,103
Three-Course Dinner for Two, Mid-Range
$144 ISK 18.1K
$79.9 ISK 10.1K
$240 ISK 30.2K
Fast Food Meal (McDonalds, etc)
$16.33 ISK 2,057
$16.33 ISK 2,057
$27.49 ISK 3,463
Cappuccino
$6.19 ISK 780
$4.07 ISK 513
$7.73 ISK 974
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.30 ISK 416
$2.39 ISK 301
$4.01 ISK 505
Water (0.33 liter bottle)
$2.52 ISK 317
$1.97 ISK 248
$3.78 ISK 476
Local Beer (0.5 liter draught)
$12.82 ISK 1,615
$8.02 ISK 1,010
$14.43 ISK 1,817
Imported Beer (0.33 liter bottle)
$11.18 ISK 1,409
$8.79 ISK 1,107
$14.38 ISK 1,812
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.64 ISK 207
$1.58 ISK 199
$2.78 ISK 350
White Bread (500g)
$4.25 ISK 536
$2.61 ISK 329
$8.01 ISK 1,009
Rice (white) (1kg)
$3.61 ISK 455
$2.35 ISK 297
$6.20 ISK 781
Eggs
$6.53 ISK 822
$4.94 ISK 622
$8.90 ISK 1,121
Local Cheese (1kg)
$18.48 ISK 2,328
$11.46 ISK 1,444
$24.57 ISK 3,095
Chicken Fillets (1kg)
$24.11 ISK 3,038
$12.07 ISK 1,520
$28.64 ISK 3,608
Beef Round Steak (1kg)
$42.19 ISK 5,315
$23.95 ISK 3,017
$56.0 ISK 7,051
Apples (1kg)
$3.24 ISK 408
$2.13 ISK 269
$4.76 ISK 600
Banana (1kg)
$2.46 ISK 310
$2.28 ISK 287
$4.55 ISK 573
Oranges (1kg)
$2.99 ISK 377
$2.37 ISK 298
$4.73 ISK 596
Tomato (1kg)
$5.09 ISK 641
$3.69 ISK 464
$7.36 ISK 927
Potato (1kg)
$3.57 ISK 449
$2.38 ISK 300
$4.45 ISK 560
Onion (1kg)
$2.33 ISK 293
$1.38 ISK 174
$4.32 ISK 544
Lettuce (1 head)
$3.10 ISK 390
$1.80 ISK 227
$5.16 ISK 650
Water (1.5 liter bottle)
$2.03 ISK 255
$1.03 ISK 130
$3.73 ISK 469
Cigarettes 20 Pack (Marlboro, Camel)
$13.49 ISK 1,699
$11.90 ISK 1,499
$15.00 ISK 1,889
Wine (Bottle)
$24.10 ISK 3,036
$14.85 ISK 1,871
$40.16 ISK 5,059
Local Beer (0.5 liter bottle)
$3.62 ISK 456
$3.18 ISK 401
$3.99 ISK 502
Imported Beer (0.33 liter bottle)
$3.23 ISK 407
$2.06 ISK 259
$4.75 ISK 598
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$5.17 ISK 652
$3.70 ISK 466
$5.42 ISK 683
Public Transport Monthly Pass (Regular Price)
$83.4 ISK 10.5K
-
Taxi Start (Normal Tariff)
$6.17 ISK 777
$5.47 ISK 689
$7.81 ISK 984
Taxi (Normal Tariff) (1km)
$2.64 ISK 332
$2.19 ISK 276
$3.49 ISK 440
Taxi 1hour Waiting (Normal Tariff)
$86.5 ISK 10.9K
$79.9 ISK 10.1K
$96.9 ISK 12.2K
Gasoline (1 liter)
$2.48 ISK 313
$2.34 ISK 295
$2.59 ISK 327
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$46.5K ISK 5.9M
$43.4K ISK 5.5M
$48.8K ISK 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.8K ISK 6.7M
$50.4K ISK 6.4M
$56.9K ISK 7.2M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$67.5 ISK 8,507
$60.1 ISK 7,569
$199 ISK 25.0K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.42 ISK 3,454
$20.08 ISK 2,529
$40.16 ISK 5,059
Internet (50+ Mbps, Unlimited Data)
$85.3 ISK 10.7K
$60.3 ISK 7,595
$120 ISK 15.2K
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$63.7 ISK 8,026
-
Cinema Ticket
$16.37 ISK 2,063
$14.42 ISK 1,817
$18.42 ISK 2,320
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$316 ISK 39.8K
$264 ISK 33.3K
$396 ISK 49.9K
International Primary School, 1 Child (Yearly)
$29.8K ISK 3.7M
$29.8K ISK 3.7M
$29.8K ISK 3.7M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$120 ISK 15.1K
$96.0 ISK 12.1K
$176 ISK 22.2K
Summer Dress (H&M, Zara, etc)
$61.8 ISK 7,784
$40.30 ISK 5,077
$105 ISK 13.2K
Sport Shoes (Adidas, Nike)
$122 ISK 15.3K
$122 ISK 15.3K
$243 ISK 30.6K
Men's Leather Business Shoes
$265 ISK 33.4K
$144 ISK 18.2K
$337 ISK 42.4K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$2,373 ISK 299.0K
-
1-bedroom Apartment, Outside City Center (Monthly)
$2,041 ISK 257.1K
$1,959 ISK 246.8K
$2,122 ISK 267.4K
3-bedroom Apartment, City Center (Monthly)
$3,241 ISK 408.3K
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,555 ISK 321.8K
$2,156 ISK 271.5K
$2,954 ISK 372.1K
Buy Apartment in City Center (m2)
$6,838 ISK 861.3K
-
Buy Apartment Outside City Center (m2)
$6,703 ISK 844.4K
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$4,521 ISK 569.5K
-
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: January 11, 2026

Hafnarfjordur Median Internet Speeds (Updated December 2025)

Mobile

Download
138
Mbps
Upload
22
Mbps
Latency
24
ms

Fixed Broadband

Download
409
Mbps
Upload
311
Mbps
Latency
3
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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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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