Cost of Living in Kopavogur - Updated Prices & Insights

114.52

Solo nomad: Estimated monthly costs are $1,616 (excluding rent), and $1,715 including rent.

Family of 3: Estimated monthly costs are $3,978 (excluding rent), and $4,055 including rent.

Meal at Budget Restaurant

$27 ISK 3,369

$15.32 ISK 1,911

$48.37 ISK 6,034

Three-Course Dinner for Two, Mid-Range

$98.3 ISK 12.3K

$82 ISK 10.2K

$246 ISK 30.7K

Fast Food Meal (McDonalds, etc)

$22.7 ISK 2,832

$19.46 ISK 2,428

$27.57 ISK 3,439

Cappuccino

$5.99 ISK 748

$3.94 ISK 492

$7.49 ISK 934

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

$1.97 ISK 246

$3.94 ISK 492

Water (0.33 liter bottle)

$2.5 ISK 312

$1.95 ISK 244

$3.75 ISK 468

Local Beer (0.5 liter draught)

$10.63 ISK 1,326

$8.18 ISK 1,021

$14.72 ISK 1,837

Imported Beer (0.33 liter bottle)

$11.33 ISK 1,413

$8.9 ISK 1,111

$14.57 ISK 1,818

Milk (1 liter)

$1.7 ISK 212

$1.65 ISK 206

$2.83 ISK 353

White Bread (500g)

$4.23 ISK 527

$2.59 ISK 324

$7.96 ISK 993

Rice (white) (1kg)

$3.64 ISK 454

$2.37 ISK 296

$6.25 ISK 780

Eggs

$6.31 ISK 788

$4.78 ISK 596

$15.29 ISK 1,908

Local Cheese (1kg)

$18.33 ISK 2,286

$11.37 ISK 1,418

$24.36 ISK 3,039

Chicken Fillets (1kg)

$24.55 ISK 3,062

$12.28 ISK 1,532

$29.16 ISK 3,637

Beef Round Steak (1kg)

$41.65 ISK 5,196

$23.64 ISK 2,949

$55.3 ISK 6,893

Apples (1kg)

$3.21 ISK 400

$2.11 ISK 264

$4.72 ISK 588

Banana (1kg)

$2.41 ISK 300

$2.15 ISK 269

$4.3 ISK 537

Oranges (1kg)

$3.09 ISK 386

$2.44 ISK 305

$4.89 ISK 610

Tomato (1kg)

$4.87 ISK 608

$3.53 ISK 440

$7.04 ISK 879

Potato (1kg)

$3.58 ISK 446

$2.39 ISK 298

$4.46 ISK 556

Onion (1kg)

$2.37 ISK 295

$1.4 ISK 175

$4.39 ISK 548

Lettuce (1 head)

$3.15 ISK 393

$1.83 ISK 229

$5.25 ISK 655

Water (1.5 liter bottle)

$1.93 ISK 241

$0.98 ISK 122

$3.55 ISK 443

Cigarettes 20 Pack (Marlboro, Camel)

$13.55 ISK 1,691

$11.95 ISK 1,491

$15.07 ISK 1,880

Wine (Bottle)

$23.84 ISK 2,974

$15.89 ISK 1,982

$35.76 ISK 4,461

Local Beer (0.5 liter bottle)

$3.56 ISK 444

$3.13 ISK 390

$3.92 ISK 489

Imported Beer (0.33 liter bottle)

$3.21 ISK 400

$2.04 ISK 255

$4.71 ISK 588

One-way Ticket (Public Transport)

$4.4 ISK 548

Public Transport Monthly Pass (Regular Price)

$73.1 ISK 9,120

Taxi Start (Normal Tariff)

$5.82 ISK 726

$5.58 ISK 696

$7.97 ISK 994

Taxi (Normal Tariff) (1km)

$2.62 ISK 327

$2.18 ISK 272

$3.47 ISK 433

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.5K

$78 ISK 9,727

$94.5 ISK 11.8K

Gasoline (1 liter)

$2.52 ISK 314

$2.37 ISK 295

$2.6 ISK 324

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

$47.8K ISK 6M

$44.6K ISK 5.6M

$50.2K ISK 6.3M

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

$52.8K ISK 6.6M

$50.4K ISK 6.3M

$56.9K ISK 7.1M

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

$89.3 ISK 11.1K

$61.8 ISK 7,705

$204 ISK 25.5K

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

$27.87 ISK 3,477

$20.41 ISK 2,547

$40.83 ISK 5,094

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.5K

$59.6 ISK 7,431

$119 ISK 14.8K

Gym Membership (Monthly)

$68.2 ISK 8,511

Cinema Ticket

$16.45 ISK 2,052

$14.44 ISK 1,802

$18.45 ISK 2,301

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

$322 ISK 40.2K

$269 ISK 33.6K

$473 ISK 59K

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

Jeans (Levis 501 Or Similar)

$138 ISK 17.2K

$95.8 ISK 11.9K

$176 ISK 21.9K

Summer Dress (H&M, Zara, etc)

$51.2 ISK 6,392

$39.44 ISK 4,920

$103 ISK 12.8K

Sport Shoes (Adidas, Nike)

$158 ISK 19.7K

$119 ISK 14.8K

$237 ISK 29.6K

Men's Leather Business Shoes

$264 ISK 32.9K

$144 ISK 17.9K

$335 ISK 41.8K

Buy Apartment in City Center (m2)

$5,909 ISK 737.1K

Buy Apartment Outside City Center (m2)

$5,945 ISK 741.7K

Average Monthly Net Salary (After Tax)

$5,289 ISK 659.8K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

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.