Solo nomad: Estimated monthly costs are $1,570 (excluding rent), and $1,581 including rent.
Family of 3: Estimated monthly costs are $4,050 (excluding rent), and $3,977 including rent.
Meal at Budget Restaurant
$15.43 ISK 1,887
$48.74 ISK 5,958
Three-Course Dinner for Two, Mid-Range
$80.7 ISK 9,862
$242 ISK 29.6K
Fast Food Meal (McDonalds, etc)
$19.30 ISK 2,360
$27.34 ISK 3,342
Cappuccino
$3.97 ISK 485
$7.53 ISK 920
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.46 ISK 301
$4.12 ISK 504
Water (0.33 liter bottle)
$2.03 ISK 248
$3.90 ISK 477
Local Beer (0.5 liter draught)
$8.18 ISK 1,000
$14.72 ISK 1,799
Imported Beer (0.33 liter bottle)
$8.89 ISK 1,087
$14.55 ISK 1,779
Taxi Start (Normal Tariff)
$5.77 ISK 706
$8.24 ISK 1,008
Taxi (Normal Tariff) (1km)
$2.21 ISK 270
$3.52 ISK 430
Taxi 1hour Waiting (Normal Tariff)
$78.4 ISK 9,588
$95.1 ISK 11.6K
Gasoline (1 liter)
$2.38 ISK 291
$2.61 ISK 320
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$43.8K ISK 5.4M
$49.3K ISK 6.0M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$49.3K ISK 6.0M
$55.7K ISK 6.8M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.5 ISK 7,398
$200 ISK 24.5K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$19.92 ISK 2,436
$39.85 ISK 4,871
Internet (50+ Mbps, Unlimited Data)
$61.3 ISK 7,488
$122 ISK 15.0K
Jeans (Levis 501 Or Similar)
$97.4 ISK 11.9K
$179 ISK 21.8K
Summer Dress (H&M, Zara, etc)
$40.14 ISK 4,906
$104 ISK 12.8K
Sport Shoes (Adidas, Nike)
$120 ISK 14.7K
$240 ISK 29.3K
Men's Leather Business Shoes
$147 ISK 18.0K
$344 ISK 42.0K