Solo nomad: Estimated monthly costs are $1,401 (excluding rent), and $1,611 including rent.
Family of 3: Estimated monthly costs are $3,607 (excluding rent), and $3,943 including rent.
Meal at Budget Restaurant
$15.56 ISK 1,909
$49.13 ISK 6,028
Three-Course Dinner for Two, Mid-Range
$80.1 ISK 9,828
$240 ISK 29.5K
Fast Food Meal (McDonalds, etc)
$19.21 ISK 2,357
$27.21 ISK 3,338
Cappuccino
$3.93 ISK 482
$7.46 ISK 916
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.46 ISK 302
$4.12 ISK 506
Water (0.33 liter bottle)
$2.04 ISK 250
$3.91 ISK 480
Local Beer (0.5 liter draught)
$8.01 ISK 983
$14.42 ISK 1,769
Imported Beer (0.33 liter bottle)
$8.92 ISK 1,095
$14.60 ISK 1,792
Taxi Start (Normal Tariff)
$5.51 ISK 676
$7.87 ISK 966
Taxi (Normal Tariff) (1km)
$2.21 ISK 271
$3.53 ISK 433
Taxi 1hour Waiting (Normal Tariff)
$78.0 ISK 9,572
$94.6 ISK 11.6K
Gasoline (1 liter)
$2.33 ISK 285
$2.55 ISK 313
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.0K ISK 5.4M
$49.5K ISK 6.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$49.2K ISK 6.0M
$55.6K ISK 6.8M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.1 ISK 7,374
$199 ISK 24.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$19.75 ISK 2,423
$39.50 ISK 4,847
Internet (50+ Mbps, Unlimited Data)
$59.6 ISK 7,309
$119 ISK 14.6K
Jeans (Levis 501 Or Similar)
$97.9 ISK 12.0K
$179 ISK 22.0K
Summer Dress (H&M, Zara, etc)
$39.66 ISK 4,866
$103 ISK 12.7K
Sport Shoes (Adidas, Nike)
$121 ISK 14.9K
$242 ISK 29.7K
Men's Leather Business Shoes
$144 ISK 17.6K
$335 ISK 41.1K