Cost of Living in Kopavogur - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,805 (excluding rent), and $1,704 including rent.

Family of 3: Estimated monthly costs are $3,704 (excluding rent), and $4,075 including rent.

Meal at Budget Restaurant

$27.01 ISK 3,402

$15.32 ISK 1,930

$48.38 ISK 6,094

Three-Course Dinner for Two, Mid-Range

$95.2 ISK 12.0K

$79.3 ISK 9,989

$238 ISK 30.0K

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,873

$19.55 ISK 2,463

$27.70 ISK 3,489

Cappuccino

$5.99 ISK 755

$3.94 ISK 497

$7.48 ISK 943

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.07 ISK 260

$4.13 ISK 521

Water (0.33 liter bottle)

$2.61 ISK 329

$2.04 ISK 257

$3.92 ISK 494

Local Beer (0.5 liter draught)

$10.39 ISK 1,309

$8.00 ISK 1,007

$14.39 ISK 1,813

Imported Beer (0.33 liter bottle)

$11.12 ISK 1,401

$8.74 ISK 1,101

$14.31 ISK 1,802

Milk (1 liter)

$1.71 ISK 215

$1.66 ISK 209

$2.84 ISK 357

White Bread (500g)

$4.30 ISK 542

$2.64 ISK 332

$8.09 ISK 1,020

Rice (white) (1kg)

$3.74 ISK 471

$2.44 ISK 307

$6.43 ISK 810

Eggs

$6.23 ISK 785

$4.71 ISK 594

$15.09 ISK 1,901

Local Cheese (1kg)

$17.88 ISK 2,253

$11.09 ISK 1,397

$23.77 ISK 2,994

Chicken Fillets (1kg)

$24.24 ISK 3,053

$12.13 ISK 1,528

$28.79 ISK 3,626

Beef Round Steak (1kg)

$42.31 ISK 5,329

$24.01 ISK 3,025

$56.1 ISK 7,070

Apples (1kg)

$3.25 ISK 409

$2.14 ISK 269

$4.77 ISK 601

Banana (1kg)

$2.54 ISK 319

$2.27 ISK 286

$4.54 ISK 572

Oranges (1kg)

$2.97 ISK 375

$2.35 ISK 296

$4.70 ISK 592

Tomato (1kg)

$4.86 ISK 613

$3.52 ISK 444

$7.03 ISK 886

Potato (1kg)

$3.52 ISK 443

$2.35 ISK 296

$4.38 ISK 552

Onion (1kg)

$2.37 ISK 298

$1.40 ISK 177

$4.40 ISK 554

Lettuce (1 head)

$3.17 ISK 399

$1.84 ISK 232

$5.27 ISK 664

Water (1.5 liter bottle)

$1.99 ISK 251

$1.01 ISK 127

$3.66 ISK 461

Cigarettes 20 Pack (Marlboro, Camel)

$13.54 ISK 1,706

$11.94 ISK 1,505

$15.06 ISK 1,897

Wine (Bottle)

$23.57 ISK 2,970

$14.53 ISK 1,830

$39.28 ISK 4,948

Local Beer (0.5 liter bottle)

$3.61 ISK 455

$3.18 ISK 400

$3.98 ISK 501

Imported Beer (0.33 liter bottle)

$3.38 ISK 425

$2.15 ISK 271

$4.96 ISK 625

One-way Ticket (Public Transport)

$4.35 ISK 547

Public Transport Monthly Pass (Regular Price)

$73.6 ISK 9,274

Taxi Start (Normal Tariff)

$5.71 ISK 719

$5.48 ISK 690

$7.82 ISK 985

Taxi (Normal Tariff) (1km)

$2.65 ISK 334

$2.20 ISK 277

$3.51 ISK 442

Taxi 1hour Waiting (Normal Tariff)

$87.0 ISK 11.0K

$80.4 ISK 10.1K

$97.4 ISK 12.3K

Gasoline (1 liter)

$2.44 ISK 307

$2.29 ISK 289

$2.52 ISK 317

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$47.5K ISK 6.0M

$44.3K ISK 5.6M

$49.9K ISK 6.3M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$52.7K ISK 6.6M

$50.3K ISK 6.3M

$56.8K ISK 7.2M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$89.4 ISK 11.3K

$61.8 ISK 7,784

$204 ISK 25.7K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$26.93 ISK 3,392

$19.72 ISK 2,484

$39.44 ISK 4,968

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

$60.9 ISK 7,666

$122 ISK 15.3K

Gym Membership (Monthly)

$69.4 ISK 8,747

Cinema Ticket

$16.39 ISK 2,065

$14.40 ISK 1,813

$18.38 ISK 2,316

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$318 ISK 40.1K

$266 ISK 33.5K

$467 ISK 58.9K

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

Jeans (Levis 501 Or Similar)

$140 ISK 17.7K

$97.5 ISK 12.3K

$179 ISK 22.5K

Summer Dress (H&M, Zara, etc)

$52.1 ISK 6,560

$40.09 ISK 5,050

$104 ISK 13.1K

Sport Shoes (Adidas, Nike)

$160 ISK 20.2K

$120 ISK 15.2K

$241 ISK 30.3K

Men's Leather Business Shoes

$269 ISK 33.9K

$146 ISK 18.4K

$341 ISK 43.0K

Buy Apartment in City Center (m2)

$5,943 ISK 748.6K

Buy Apartment Outside City Center (m2)

$5,918 ISK 745.5K

Average Monthly Net Salary (After Tax)

$5,169 ISK 651.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: January 13, 2026

Kopavogur Median Internet Speeds (Updated December 2025)

Mobile

140

Mbps

Fixed Broadband

366

Mbps

315

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🇪🇺 Europe

Cost of Living in Kopavogur - Frequently Asked Questions

From a distance, Kopavogur offers a calmer feel than central Reykjavik while keeping easy access to the same services. You’ll find modern amenities, reliable internet, and efficient public transport that connects you to the capital’s hubs. Housing tends to be more spacious and a bit easier to secure than in the inner city, but vacation-season demand can push prices up. Groceries and dining out are on par with Nordic standards, so your budget benefits from cooking at home and taking advantage of seasonal markets. Cost of Living in Kopavogur, Iceland is favorable for those who value neighborhood comfort without the city center premium. Tip: plan a two-week test run to map out routines.

Daily life in Kopavogur is practical and decent for longer stays, with a straightforward rhythm that suits remote work and weekend explorations. When hunting for housing, start with reputable local agencies and online portals, and factor in proximity to bus routes and services. Grocery stores range from bigger supermarkets to smaller markets, while coffee shops and coworking spaces offer reliable Wi-Fi and social options for work. Public transport links you to Reykjavik for special events, while nature trails and the shoreline offer quick getaways. Kopavogur, Iceland living cost awareness helps you pace your setup and choose neighborhoods. Tip: book a few viewings at different times of day.

Quality of life in Kopavogur centers on balance: easy access to nature, a compact city feel, and a supportive expat scene. Build a simple budgeting framework: separate fixed housing costs, daily groceries, transport, and leisure, then track by week. Consider energy use in winter and how long daylight lasts to plan activities and coworking daylight. Neighborhood fit matters: look for areas with easy bus access, nearby parks, and a local market; some parts render nightlife or quiet residential vibes. Compare options against a trip to Reykjavik to gauge access, and prefer flexible leases for changeable plans. Tip: set seasonal goals for dining out and groceries to stabilize your spending.