Solo nomad: Estimated monthly costs are $1,771 (excluding rent), and $3,708 including rent.
Family of 3: Estimated monthly costs are $4,196 (excluding rent), and $6,851 including rent.
Meal at Budget Restaurant
$15.36 ISK 1,885
$48.51 ISK 5,952
Three-Course Dinner for Two, Mid-Range
$80.9 ISK 9,924
$243 ISK 29.8K
Fast Food Meal (McDonalds, etc)
$16.50 ISK 2,024
$27.77 ISK 3,408
Cappuccino
$4.08 ISK 500
$7.74 ISK 949
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.44 ISK 299
$4.08 ISK 501
Water (0.33 liter bottle)
$2.06 ISK 253
$3.96 ISK 486
Local Beer (0.5 liter draught)
$8.03 ISK 985
$14.44 ISK 1,772
Imported Beer (0.33 liter bottle)
$8.97 ISK 1,101
$14.69 ISK 1,802
One-way Ticket (Public Transport)
$3.53 ISK 433
$5.17 ISK 634
Public Transport Monthly Pass (Regular Price)
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Taxi Start (Normal Tariff)
$5.47 ISK 671
$7.81 ISK 958
Taxi (Normal Tariff) (1km)
$2.20 ISK 270
$3.51 ISK 431
Taxi 1hour Waiting (Normal Tariff)
$78.4 ISK 9,616
$95.0 ISK 11.7K
Gasoline (1 liter)
$2.30 ISK 283
$2.55 ISK 313
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.1K ISK 5.4M
$49.7K ISK 6.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$50.6K ISK 6.2M
$57.2K ISK 7.0M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.8 ISK 7,460
$201 ISK 24.7K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.05 ISK 2,460
$40.10 ISK 4,919
Internet (50+ Mbps, Unlimited Data)
$61.3 ISK 7,524
$122 ISK 15.0K
Jeans (Levis 501 Or Similar)
$96.5 ISK 11.8K
$177 ISK 21.7K
Summer Dress (H&M, Zara, etc)
$40.49 ISK 4,968
$105 ISK 12.9K
Sport Shoes (Adidas, Nike)
$120 ISK 14.7K
$240 ISK 29.4K
Men's Leather Business Shoes
$142 ISK 17.5K
$332 ISK 40.8K
1-bedroom Apartment, City Center (Monthly)
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1-bedroom Apartment, Outside City Center (Monthly)
$1,901 ISK 233.3K
$2,060 ISK 252.7K
3-bedroom Apartment, City Center (Monthly)
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3-bedroom Apartment, Outside City Center (Monthly)
$2,128 ISK 261.1K
$2,916 ISK 357.8K
Buy Apartment in City Center (m2)
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Buy Apartment Outside City Center (m2)
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