Solo nomad: Estimated monthly costs are $1,391 (excluding rent), and $3,092 including rent.
Family of 3: Estimated monthly costs are $3,593 (excluding rent), and $6,554 including rent.
Meal at Budget Restaurant
$15.23 ISK 1,869
$48.11 ISK 5,902
Three-Course Dinner for Two, Mid-Range
$81.8 ISK 10.0K
$245 ISK 30.1K
Fast Food Meal (McDonalds, etc)
$16.26 ISK 1,995
$27.65 ISK 3,392
Cappuccino
$4.05 ISK 497
$7.68 ISK 943
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.58 ISK 194
$3.96 ISK 485
Water (0.33 liter bottle)
$1.97 ISK 242
$3.79 ISK 465
Local Beer (0.5 liter draught)
$8.06 ISK 989
$14.50 ISK 1,779
Imported Beer (0.33 liter bottle)
$8.82 ISK 1,082
$14.43 ISK 1,770
Taxi Start (Normal Tariff)
$5.60 ISK 687
$7.99 ISK 981
Taxi (Normal Tariff) (1km)
$2.20 ISK 270
$3.51 ISK 431
Taxi 1hour Waiting (Normal Tariff)
$78.1 ISK 9,578
$94.6 ISK 11.6K
Gasoline (1 liter)
$2.29 ISK 281
$2.51 ISK 308
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$45.0K ISK 5.5M
$50.6K ISK 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$49.1K ISK 6.0M
$55.5K ISK 6.8M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.2 ISK 7,383
$199 ISK 24.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.38 ISK 2,500
$40.76 ISK 5,001
Internet (50+ Mbps, Unlimited Data)
$60.7 ISK 7,441
$121 ISK 14.9K
Jeans (Levis 501 Or Similar)
$94.9 ISK 11.6K
$174 ISK 21.3K
Summer Dress (H&M, Zara, etc)
$39.48 ISK 4,844
$103 ISK 12.6K
Sport Shoes (Adidas, Nike)
$123 ISK 15.1K
$246 ISK 30.1K
Men's Leather Business Shoes
$148 ISK 18.1K
$344 ISK 42.2K