Cost of living comparison

compared to

Akranes vs. Athens Cost of Living Summary

Akranes is 88.5% more expensive than Athens.

Restaurants
pay 2.2 times more in Akranes
Groceries
pay 71.7% more in Akranes
Transportation
pay 55.7% more in Akranes
Housing
pay 2.6 times more in Akranes
Childcare
pay 61.5% more in Akranes
Entertainment and Sports
pay 83.5% more in Akranes
Clothing
pay 64.6% more in Akranes

The cost of housing, restaurants, entertainment and sports, groceries, clothing, and childcare in Akranes are more expensive than in Athens. Notably, housing, restaurants, and entertainment and sports are significantly more expensive in Akranes.

Akranes vs. Athens Cost Breakdown

If you lived in Akranes instead of Athens, you would:

pay 2.2 times more for restaurants

 
Athens
Akranes
Basic meal with drink at inexpensive restaurant $17.52
€15.11
$27.48
ISK3,517
Fast food combo meal
McDonalds, or similar
$10.51
€9.06
$22.76
ISK2,913
Bottle of Coca-Cola (11 fl. oz) $2.48
€2.14
$3.24
ISK415

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pay 71.7% more for groceries

 
Athens
Akranes
Bread
1 loaf
$1.39
€1.20
$2.05
ISK262
Local cheese (8 oz) $7.54
€6.50
$9.44
ISK1,208
Milk (1 gallon) $7.20
€6.21
$7.63
ISK976

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pay 55.7% more for transportation

 
Athens
Akranes
Gasoline (1 gallon) $7.94
€6.85
$9.66
ISK1,236
Monthly public transit pass $35.04
€30.21
$73.82
ISK9,447
New Volkswagen Golf 1.4 (standard edition) $29,198.27
€25,178.46
$50,771.00
ISK6,497,672

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pay 2.6 times more for housing

 
Athens
Akranes
Internet connection
50 mbps or faster, cable/dsl
$34.45
€29.71
$81.97
ISK10,490
1-Bedroom apartment in downtown area $685.67
€591.27
$3,034.78
ISK388,391
1-Bedroom apartment outside city center $609.10
€525.24
$1,906.99
ISK244,056

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pay 61.5% more for childcare

 
Athens
Akranes
Private preschool for 1 child, monthly $566.82
€488.78
$327.78
ISK41,949
Middle school for 1 child, two semesters $11,581.98
€9,987.46
$30,711.08
ISK3,930,404

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pay 83.5% more for entertainment and sports

 
Athens
Akranes
Domestic/local beer (1 pint) $5.84
€5.04
$10.66
ISK1,365
Cappuccino in mid-range area $4.12
€3.55
$6.15
ISK787
Pack of cigarettes
Marlboro or similar
$5.84
€5.04
$13.94
ISK1,783

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pay 64.6% more for clothing

 
Athens
Akranes
Regular jeans
Levi's brand
$101.47
€87.50
$145.10
ISK18,569
Regular dress
from H&M or similar store
$47.68
€41.11
$63.97
ISK8,187
Running shoes
Nike or Adidas
$105.26
€90.77
$193.43
ISK24,755

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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: December 2025
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