Cost of living comparison
compared to
Reykjavik vs. Akureyri Cost of Living Summary
Reykjavik is 11.3% more expensive than Akureyri.
Reykjavik vs. Akureyri Cost Breakdown
If you lived in Reykjavik instead of Akureyri, you would:
pay 0.5% less for restaurants
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.61
ISK3,108
|
$27.48
ISK3,470
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.56
ISK2,849
|
$22.76
ISK2,875
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.42
ISK432
|
$3.34
ISK421
|
|
| Bottle of water (11 fl. oz) |
$3.08
ISK388
|
$2.70
ISK341
|
|
Akureyri vs. Reykjavik - Cost of restaurants
pay 12.0% more for groceries
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.35
ISK297
|
$4.63
ISK585
|
|
| Local cheese (8 oz) | ?? |
$9.44
ISK1,192
|
|
| Milk (1 gallon) |
$10.87
ISK1,372
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$8.20
ISK1,036
|
$6.50
ISK821
|
|
| Boneless chicken breast (1 lb) |
$11.16
ISK1,410
|
$11.29
ISK1,426
|
|
| Apples (1 lb) | ?? |
$1.59
ISK201
|
|
| Bananas (1 lb) | ?? |
$1.17
ISK148
|
|
| Oranges (1 lb) | ?? |
$1.49
ISK188
|
|
| Tomatoes (1 lb) | ?? |
$2.54
ISK320
|
|
| Potatoes (1 lb) | ?? |
$1.70
ISK214
|
|
| Onions (1 lb) | ?? |
$1.13
ISK143
|
|
Akureyri vs. Reykjavik - Cost of groceries
pay 11.5% more for transportation
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.75
ISK1,231
|
$9.66
ISK1,220
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,188
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,010.50
ISK5M
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$28.07
ISK3,545
|
|
Akureyri vs. Reykjavik - Cost of transportation
pay 11.8% less for housing
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$164.04
ISK20,718
|
$81.97
ISK10,353
|
|
| 1-Bedroom apartment in downtown area |
$1,804.46
ISK228K
|
$2,259.48
ISK285K
|
|
| 1-Bedroom apartment outside city center |
$1,804.46
ISK228K
|
$2,034.90
ISK257K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.08
ISK11,883
|
$60.87
ISK7,688
|
|
Akureyri vs. Reykjavik - Cost of housing
pay 11.2% less for childcare
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$369.09
ISK46,617
|
$327.78
ISK41,399
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK4M
|
|
Akureyri vs. Reykjavik - Cost of childcare
pay 11.7% more for entertainment and sports
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$11.07
ISK1,398
|
$13.12
ISK1,657
|
|
| Cappuccino in mid-range area |
$4.98
ISK628
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.70
ISK1,730
|
$13.94
ISK1,760
|
|
| Monthly membership at local gym |
$85.30
ISK10,774
|
$87.35
ISK11,033
|
|
| Movie ticket to theater/cinema |
$15.38
ISK1,942
|
$17.18
ISK2,170
|
|
Akureyri vs. Reykjavik - Cost of entertainment and sports
pay 67.1% more for clothing
|
Akureyri
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.02
ISK10,359
|
$145.10
ISK18,326
|
|
|
Regular dress
from H&M or similar store
|
?? |
$63.97
ISK8,079
|
|
|
Running shoes
Nike or Adidas
|
$123.03
ISK15,539
|
$193.43
ISK24,430
|
|
| Men's business shoes (leather) | ?? |
$248.79
ISK31,422
|
|
Akureyri vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: March 2026
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