Solo nomad: Estimated monthly costs are $1,563 (excluding rent), and $1,704 including rent.
Family of 3: Estimated monthly costs are $4,206 (excluding rent), and $4,021 including rent.
Meal at Budget Restaurant
$15.55 ISK 1,901
$49.12 ISK 6,004
Three-Course Dinner for Two, Mid-Range
$79.1 ISK 9,665
$237 ISK 29.0K
Fast Food Meal (McDonalds, etc)
$19.52 ISK 2,386
$27.64 ISK 3,379
Cappuccino
$4.01 ISK 490
$7.61 ISK 931
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.99 ISK 243
$3.97 ISK 486
Water (0.33 liter bottle)
$2.03 ISK 248
$3.90 ISK 477
Local Beer (0.5 liter draught)
$7.89 ISK 965
$14.21 ISK 1,736
Imported Beer (0.33 liter bottle)
$8.73 ISK 1,067
$14.29 ISK 1,747
One-way Ticket (Public Transport)
-
Public Transport Monthly Pass (Regular Price)
-
Taxi Start (Normal Tariff)
$5.57 ISK 680
$7.95 ISK 972
Taxi (Normal Tariff) (1km)
$2.11 ISK 258
$3.36 ISK 411
Taxi 1hour Waiting (Normal Tariff)
$79.3 ISK 9,698
$96.2 ISK 11.8K
Gasoline (1 liter)
$2.29 ISK 280
$2.52 ISK 308
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.2K ISK 5.4M
$49.8K ISK 6.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$49.6K ISK 6.1M
$56.0K ISK 6.8M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$59.8 ISK 7,311
$198 ISK 24.2K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.34 ISK 2,486
$40.67 ISK 4,972
Internet (50+ Mbps, Unlimited Data)
$60.7 ISK 7,417
$121 ISK 14.8K
Jeans (Levis 501 Or Similar)
$96.7 ISK 11.8K
$177 ISK 21.7K
Summer Dress (H&M, Zara, etc)
$40.16 ISK 4,909
$104 ISK 12.8K
Sport Shoes (Adidas, Nike)
$118 ISK 14.5K
$237 ISK 29.0K
Men's Leather Business Shoes
$147 ISK 17.9K
$342 ISK 41.8K