Solo nomad: Estimated monthly costs are $1,345 (excluding rent), and $3,080 including rent.
Family of 3: Estimated monthly costs are $3,945 (excluding rent), and $6,575 including rent.
Meal at Budget Restaurant
$15.47 ISK 1,892
$48.87 ISK 5,973
Three-Course Dinner for Two, Mid-Range
$79.9 ISK 9,769
$240 ISK 29.3K
Fast Food Meal (McDonalds, etc)
$15.78 ISK 1,929
$26.83 ISK 3,280
Cappuccino
$4.12 ISK 503
$7.81 ISK 955
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.65 ISK 202
$4.13 ISK 505
Water (0.33 liter bottle)
$1.97 ISK 241
$3.79 ISK 463
Local Beer (0.5 liter draught)
$8.15 ISK 997
$14.67 ISK 1,794
Imported Beer (0.33 liter bottle)
$8.98 ISK 1,098
$14.71 ISK 1,798
Taxi Start (Normal Tariff)
$5.72 ISK 699
$8.16 ISK 998
Taxi (Normal Tariff) (1km)
$2.21 ISK 270
$3.53 ISK 431
Taxi 1hour Waiting (Normal Tariff)
$78.2 ISK 9,557
$94.8 ISK 11.6K
Gasoline (1 liter)
$2.29 ISK 280
$2.52 ISK 308
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.8K ISK 5.5M
$50.4K ISK 6.2M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$49.9K ISK 6.1M
$56.3K ISK 6.9M
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.5 ISK 7,393
$200 ISK 24.4K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.05 ISK 2,451
$40.10 ISK 4,902
Internet (50+ Mbps, Unlimited Data)
$60.4 ISK 7,384
$121 ISK 14.7K
Jeans (Levis 501 Or Similar)
$96.6 ISK 11.8K
$177 ISK 21.6K
Summer Dress (H&M, Zara, etc)
$40.67 ISK 4,972
$106 ISK 12.9K
Sport Shoes (Adidas, Nike)
$120 ISK 14.7K
$240 ISK 29.3K
Men's Leather Business Shoes
$142 ISK 17.3K
$331 ISK 40.5K