Solo nomad: Estimated monthly costs are $1,508 (excluding rent), and $1,597 including rent.
Family of 3: Estimated monthly costs are $3,639 (excluding rent), and $3,991 including rent.
Meal at Budget Restaurant
$15.25 ISK 1,864
$48.14 ISK 5,885
Three-Course Dinner for Two, Mid-Range
$81.4 ISK 9,952
$244 ISK 29.9K
Fast Food Meal (McDonalds, etc)
$19.44 ISK 2,376
$27.53 ISK 3,365
Cappuccino
$4.08 ISK 498
$7.74 ISK 946
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.46 ISK 301
$4.12 ISK 504
Water (0.33 liter bottle)
$2.02 ISK 247
$3.88 ISK 474
Local Beer (0.5 liter draught)
$7.93 ISK 969
$14.27 ISK 1,744
Imported Beer (0.33 liter bottle)
$8.76 ISK 1,071
$14.34 ISK 1,753
Taxi Start (Normal Tariff)
$5.70 ISK 696
$8.14 ISK 994
Taxi (Normal Tariff) (1km)
$2.09 ISK 255
$3.33 ISK 407
Taxi 1hour Waiting (Normal Tariff)
$80.7 ISK 9,867
$97.8 ISK 12.0K
Gasoline (1 liter)
$2.29 ISK 280
$2.51 ISK 307
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.9K ISK 5.5M
$50.5K ISK 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$50.3K ISK 6.1M
$56.7K ISK 6.9M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.5 ISK 7,396
$200 ISK 24.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.25 ISK 2,475
$40.50 ISK 4,950
Internet (50+ Mbps, Unlimited Data)
$60.2 ISK 7,356
$120 ISK 14.7K
Jeans (Levis 501 Or Similar)
$94.6 ISK 11.6K
$173 ISK 21.2K
Summer Dress (H&M, Zara, etc)
$39.55 ISK 4,835
$103 ISK 12.6K
Sport Shoes (Adidas, Nike)
$123 ISK 15.0K
$245 ISK 30.0K
Men's Leather Business Shoes
$144 ISK 17.6K
$336 ISK 41.0K