Cost of Living in Keflavik - Updated Prices & Insights

110.04
Solo nomad: Estimated monthly costs are $1,454 (excluding rent), and $2,901 including rent.
Family of 3: Estimated monthly costs are $3,820 (excluding rent), and $5,977 including rent.
Currency
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$24.02 kr 2,996
$15.21 kr 1,898
$48.04 kr 5,992
Three-Course Dinner for Two, Mid-Range
$142 kr 17.8K
$79.1 kr 9,867
$237 kr 29.6K
Fast Food Meal (McDonalds, etc)
$19.98 kr 2,493
$19.19 kr 2,394
$27.18 kr 3,390
Cappuccino
$4.05 kr 505
$4.05 kr 505
$7.68 kr 958
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.14 kr 392
$2.35 kr 293
$3.94 kr 491
Water (0.33 liter bottle)
$2.6 kr 325
$2.04 kr 254
$3.91 kr 488
Local Beer (0.5 liter draught)
$7.94 kr 990
$7.94 kr 990
$14.29 kr 1,782
Imported Beer (0.33 liter bottle)
$7.94 kr 990
$7.94 kr 990
$14.29 kr 1,782
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.94 kr 242
$1.67 kr 208
$3.06 kr 381
White Bread (500g)
$4.34 kr 541
$2.66 kr 332
$8.17 kr 1,019
Rice (white) (1kg)
$2.42 kr 302
$2.39 kr 298
$6.3 kr 786
Eggs
$6.18 kr 770
$4.76 kr 593
$8.56 kr 1,068
Local Cheese (1kg)
$18.31 kr 2,284
$11.35 kr 1,416
$24.33 kr 3,035
Chicken Fillets (1kg)
$23.94 kr 2,987
$12.17 kr 1,518
$30.03 kr 3,746
Beef Round Steak (1kg)
$41.69 kr 5,201
$23.66 kr 2,952
$55.3 kr 6,900
Apples (1kg)
$2.43 kr 303
$2.18 kr 272
$4.86 kr 606
Banana (1kg)
$2.34 kr 292
$2.15 kr 268
$4.29 kr 535
Oranges (1kg)
$2.45 kr 306
$2.45 kr 306
$4.9 kr 611
Tomato (1kg)
$3.97 kr 496
$3.58 kr 446
$7.15 kr 892
Potato (1kg)
$3.17 kr 395
$2.44 kr 304
$4.55 kr 568
Onion (1kg)
$2.09 kr 261
$1.42 kr 178
$4.46 kr 557
Lettuce (1 head)
$3.05 kr 381
$1.78 kr 222
$5.09 kr 635
Water (1.5 liter bottle)
$1.95 kr 243
$0.99 kr 123
$3.58 kr 446
Cigarettes 20 Pack (Marlboro, Camel)
$13.53 kr 1,688
$11.94 kr 1,489
$15.05 kr 1,877
Wine (Bottle)
$16.18 kr 2,019
$16.18 kr 2,019
$36.42 kr 4,543
Local Beer (0.5 liter bottle)
$3.56 kr 444
$3.13 kr 391
$5.04 kr 629
Imported Beer (0.33 liter bottle)
$2.75 kr 343
$2.05 kr 255
$4.72 kr 589
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$3.61 kr 450
-
Public Transport Monthly Pass (Regular Price)
$74.7 kr 9,321
-
Taxi Start (Normal Tariff)
$6.38 kr 796
$5.66 kr 706
$8.08 kr 1,008
Taxi (Normal Tariff) (1km)
$2.35 kr 293
$2.17 kr 271
$3.47 kr 433
Taxi 1hour Waiting (Normal Tariff)
$86.6 kr 10.8K
$80 kr 9,983
$97 kr 12.1K
Gasoline (1 liter)
$2.45 kr 305
$2.3 kr 287
$3.31 kr 412
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.1K kr 6M
$44.9K kr 5.6M
$50.6K kr 6.3M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.1K kr 6.6M
$50.6K kr 6.3M
$57.2K kr 7.1M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$89.1 kr 11.1K
$61.6 kr 7,688
$204 kr 25.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.92 kr 3,483
$20.45 kr 2,551
$40.9 kr 5,103
Internet (50+ Mbps, Unlimited Data)
$86 kr 10.7K
$60.9 kr 7,591
$122 kr 15.2K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$17.28 kr 2,156
$14.21 kr 1,773
$19.73 kr 2,461
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$318 kr 39.7K
$266 kr 33.2K
$398 kr 49.7K
International Primary School, 1 Child (Yearly)
$29.8K kr 3.7M
$29.8K kr 3.7M
$29.8K kr 3.7M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$139 kr 17.4K
$96.8 kr 12.1K
$363 kr 45.3K
Summer Dress (H&M, Zara, etc)
$62.6 kr 7,803
$40.79 kr 5,089
$106 kr 13.2K
Sport Shoes (Adidas, Nike)
$179 kr 22.4K
$119 kr 14.8K
$238 kr 29.6K
Men's Leather Business Shoes
$189 kr 23.6K
$146 kr 18.2K
$341 kr 42.5K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$1,818 kr 226.8K
$1,818 kr 226.8K
$1,818 kr 226.8K
1-bedroom Apartment, Outside City Center (Monthly)
$1,309 kr 163.3K
$1,031 kr 128.7K
$1,587 kr 198K
3-bedroom Apartment, City Center (Monthly)
$2,443 kr 304.7K
$2,082 kr 259.8K
$2,803 kr 349.7K
3-bedroom Apartment, Outside City Center (Monthly)
$1,976 kr 246.5K
$1,423 kr 177.5K
$2,529 kr 315.6K
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$3,759 kr 468.9K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11
Citycost data is based on AI and user input — minor inaccuracies may occur.
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