Cost of living comparison

compared to

Akureyri vs. Athens Cost of Living Summary

Akureyri is 66.5% more expensive than Athens.

Restaurants
pay 2.5 times more in Akureyri
Groceries
pay 81.2% more in Akureyri
Transportation
pay 31.6% more in Akureyri
Housing
pay 2.7 times more in Akureyri
Childcare
pay 34.9% less in Akureyri
Entertainment and Sports
pay 68.6% more in Akureyri
Clothing
pay 1.2% less in Akureyri

The cost of housing, restaurants, groceries, entertainment and sports, and transportation in Akureyri are more expensive than in Athens. Expenses including childcare and clothing are lower in Akureyri. Notably, housing, restaurants, and groceries are significantly more expensive in Akureyri.

Akureyri vs. Athens Cost Breakdown

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

pay 2.5 times more for restaurants

 
Athens
Akureyri
Basic meal with drink at inexpensive restaurant $17.52
€15.28
$24.61
ISK3,108
Fast food combo meal
McDonalds, or similar
$10.51
€9.17
$22.56
ISK2,849
Bottle of Coca-Cola (11 fl. oz) $2.48
€2.16
$3.42
ISK432

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pay 81.2% more for groceries

 
Athens
Akureyri
Bread
1 loaf
$1.39
€1.21
$2.35
ISK297
Local cheese (8 oz) $7.54
€6.58
??
Milk (1 gallon) $7.20
€6.28
$10.87
ISK1,372

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pay 31.6% more for transportation

 
Athens
Akureyri
Gasoline (1 gallon) $7.94
€6.93
$9.75
ISK1,231
Monthly public transit pass $35.04
€30.56
??
New Volkswagen Golf 1.4 (standard edition) $29,198.27
€25,470.65
$41,010.50
ISK5M

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pay 2.7 times more for housing

 
Athens
Akureyri
Internet connection
50 mbps or faster, cable/dsl
$34.45
€30.06
$164.04
ISK20,718
1-Bedroom apartment in downtown area $685.67
€598.14
$1,804.46
ISK228K
1-Bedroom apartment outside city center $609.10
€531.34
$1,804.46
ISK228K

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pay 34.9% less for childcare

 
Athens
Akureyri
Private preschool for 1 child, monthly $566.82
€494.45
$369.09
ISK46,617
Middle school for 1 child, two semesters $11,581.98
€10,103.36
??

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pay 68.6% more for entertainment and sports

 
Athens
Akureyri
Domestic/local beer (1 pint) $5.84
€5.09
$11.07
ISK1,398
Cappuccino in mid-range area $4.12
€3.59
$4.98
ISK628
Pack of cigarettes
Marlboro or similar
$5.84
€5.09
$13.70
ISK1,730

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pay 1.2% less for clothing

 
Athens
Akureyri
Regular jeans
Levi's brand
$101.47
€88.52
$82.02
ISK10,359
Regular dress
from H&M or similar store
$47.68
€41.59
??
Running shoes
Nike or Adidas
$105.26
€91.82
$123.03
ISK15,539

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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: March 2026
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