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Cost of Living in Njardvik - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,417 (excluding rent), and $3,038 including rent.
Family of 3: Estimated monthly costs are $3,425 (excluding rent), and $6,458 including rent.
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๐Ÿฝ Eating Out
Cost
Range
Meal at Budget Restaurant
$23.9 ISKย 3,043
$15.14 ISKย 1,927
$47.79 ISKย 6,087
Three-Course Dinner for Two, Mid-Range
$98.3 ISKย 12.5K
$81.9 ISKย 10.4K
$246 ISKย 31.3K
Fast Food Meal (McDonalds, etc)
$15.84 ISKย 2,018
$15.84 ISKย 2,018
$26.94 ISKย 3,430
Cappuccino
$6.18 ISKย 787
$4.07 ISKย 518
$7.72 ISKย 983
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.63 ISKย 208
$1.63 ISKย 208
$4.08 ISKย 519
Water (0.33 liter bottle)
$2.42 ISKย 308
$2.04 ISKย 260
$3.92 ISKย 499
Local Beer (0.5 liter draught)
$10.57 ISKย 1,346
$8.13 ISKย 1,035
$14.63 ISKย 1,863
Imported Beer (0.33 liter bottle)
$11.13 ISKย 1,417
$8.74 ISKย 1,113
$14.31 ISKย 1,823
๐Ÿ›’ Groceries & Markets
Cost
Range
Milk (1 liter)
$1.89 ISKย 240
$1.62 ISKย 206
$2.77 ISKย 353
White Bread (500g)
$4.34 ISKย 552
$2.66 ISKย 339
$8.17 ISKย 1,040
Rice (white) (1kg)
$3.69 ISKย 470
$2.41 ISKย 307
$6.35 ISKย 808
Eggs
$6.19 ISKย 789
$4.69 ISKย 597
$8.44 ISKย 1,075
Local Cheese (1kg)
$18.01 ISKย 2,294
$11.17 ISKย 1,422
$23.94 ISKย 3,048
Chicken Fillets (1kg)
$24.04 ISKย 3,061
$12.03 ISKย 1,532
$28.55 ISKย 3,636
Beef Round Steak (1kg)
$41.63 ISKย 5,302
$23.63 ISKย 3,009
$55.2 ISKย 7,033
Apples (1kg)
$3.36 ISKย 427
$2.21 ISKย 281
$4.93 ISKย 628
Banana (1kg)
$2.4 ISKย 306
$2.15 ISKย 274
$4.3 ISKย 548
Oranges (1kg)
$3.03 ISKย 386
$2.4 ISKย 305
$4.79 ISKย 610
Tomato (1kg)
$4.94 ISKย 629
$3.57 ISKย 455
$7.14 ISKย 909
Potato (1kg)
$3.65 ISKย 465
$2.44 ISKย 310
$4.55 ISKย 579
Onion (1kg)
$2.37 ISKย 302
$1.4 ISKย 179
$4.4 ISKย 560
Lettuce (1 head)
$3.1 ISKย 395
$1.8 ISKย 230
$5.16 ISKย 657
Water (1.5 liter bottle)
$1.92 ISKย 244
$0.97 ISKย 124
$3.52 ISKย 449
Cigarettes 20 Pack (Marlboro, Camel)
$13.67 ISKย 1,741
$12.06 ISKย 1,536
$15.2 ISKย 1,936
Wine (Bottle)
$24.67 ISKย 3,142
$14.72 ISKย 1,875
$39.79 ISKย 5,067
Local Beer (0.5 liter bottle)
$3.63 ISKย 463
$3.19 ISKย 407
$4 ISKย 509
Imported Beer (0.33 liter bottle)
$3.33 ISKย 424
$2.12 ISKย 270
$4.89 ISKย 623
๐ŸšŒ Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$6.52 ISKย 831
$5.78 ISKย 737
$8.26 ISKย 1,052
Taxi (Normal Tariff) (1km)
$2.6 ISKย 331
$2.16 ISKย 275
$3.44 ISKย 439
Taxi 1hour Waiting (Normal Tariff)
$86.6 ISKย 11K
$80 ISKย 10.2K
$97 ISKย 12.4K
Gasoline (1 liter)
$2.56 ISKย 326
$2.41 ISKย 306
$2.64 ISKย 336
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$46.5K ISKย 5.9M
$43.5K ISKย 5.5M
$48.9K ISKย 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$51.7K ISKย 6.6M
$49.3K ISKย 6.3M
$55.7K ISKย 7.1M
๐Ÿงพ Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$87.1 ISKย 11.1K
$60.2 ISKย 7,669
$199 ISKย 25.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.26 ISKย 3,472
$19.97 ISKย 2,543
$39.93 ISKย 5,085
Internet (50+ Mbps, Unlimited Data)
$84.6 ISKย 10.8K
$59.8 ISKย 7,620
$120 ISKย 15.2K
๐ŸŽ‰ Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$80.5 ISKย 10.3K
-
Cinema Ticket
$17.53 ISKย 2,233
$14.42 ISKย 1,836
$18.41 ISKย 2,345
๐Ÿงธ Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$319 ISKย 40.6K
$266 ISKย 33.9K
$399 ISKย 50.8K
International Primary School, 1 Child (Yearly)
$30.6K ISKย 3.9M
$30.6K ISKย 3.9M
$30.6K ISKย 3.9M
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$120 ISKย 15.3K
$96.2 ISKย 12.3K
$176 ISKย 22.5K
Summer Dress (H&M, Zara, etc)
$61.7 ISKย 7,862
$40.26 ISKย 5,127
$105 ISKย 13.3K
Sport Shoes (Adidas, Nike)
$179 ISKย 22.8K
$118 ISKย 15K
$236 ISKย 30.1K
Men's Leather Business Shoes
$263 ISKย 33.5K
$143 ISKย 18.2K
$333 ISKย 42.5K
๐Ÿ  Accommodation & Living
Cost
Range
1-bedroom Apartment, Outside City Center (Monthly)
$1,433 ISKย 182.4K
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,685 ISKย 341.9K
-
๐Ÿ’ต Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$3,792 ISKย 482.9K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11

Citycost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update: December 2, 2025

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Cost of Living in Njardvik - Frequently Asked Questions
Is Njardvik a good value for travelers, expats, and digital nomads compared with other Icelandic towns?
Njardvik offers a balanced mix for a modest budget when you compare housing, services, and everyday needs with other Icelandic towns. While Iceland overall has a high price level, you may find more affordable options for longer stays here than in Reykjavikโ€™s city center, especially for quieter neighborhoods and longer leases. The appeal is steady access to nature, reliable infrastructure, and a calmer pace that suits remote-work routines. Cost of Living in Njardvik reflects that blend, with practical choices around housing searches, grocery selection, and local amenities. Tip: Start your search by visiting neighborhoods at different times of day to feel the rhythm.
What does daily life look like in Njardvik for housing, food, transport, and errands?
Daily life centers on a mix of local services and coastal calm. Housing options lean toward comfortable apartments within easy reach of bus routes and seaside trails. For groceries, youโ€™ll find essential Icelandic staples at local supermarkets and specialty shops, with produce shaped by the season. Transport is practical: reliable bus connections to Reykjavik, bike-friendly streets, and limited car dependence. Errands and social life unfold around small town centers and cafes. Njardvik living cost stays manageable for longer stays if you prioritize location, transit timing, and off-peak shopping. Tip: Keep a short list for weekly runs and schedule errands to align with market days.
How does the quality of life and budgeting approach help you settle in Njardvik?
Quality of life here blends safety, easy access to nature, and a straightforward routine that suits remote work and travel. A simple budgeting framework helps: allocate essentials, plan for utilities and transit, and build a buffer for seasonal daylight shifts. Neighborhood fit matters: choose a quiet coastal area for long work sessions or a livelier shorefront block if you want social spots and quick cafe hops. Take advantage of Icelandโ€™s seasonal rhythms for day trips, outdoor workouts, and cultural events. Tip: To settle faster, join local communities or co-working spaces and try short-term housing first.
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