Cost of living comparison
compared to
Akureyri vs. Iceland Cost of Living Summary
Akureyri is 0.5% more expensive than Iceland overall.
- Restaurants
-
pay 5.4% more in Akureyri
- Groceries
-
pay 5.8% more in Akureyri
- Transportation
-
pay 7.8% less in Akureyri
- Housing
-
pay 23.3% more in Akureyri
- Childcare
-
pay 10.3% more in Akureyri
- Entertainment and Sports
-
pay 2.5% less in Akureyri
- Clothing
-
pay 31.1% less in Akureyri
The cost of housing, childcare, groceries, and restaurants in Akureyri are more expensive than in Iceland. Expenses including clothing, transportation, and entertainment and sports are lower in Akureyri.
Akureyri vs. Iceland Cost Breakdown
If you lived in Akureyri instead of Iceland, you would:
pay 5.4% more for restaurants
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.52
ISK3,394
|
$24.61
ISK3,149
|
|
|
Fast food combo meal
McDonalds, or similar
|
$21.32
ISK2,728
|
$22.56
ISK2,887
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.11
ISK398
|
$3.42
ISK437
|
|
| Bottle of water (11 fl. oz) |
$2.72
ISK348
|
$3.08
ISK394
|
|
Iceland vs. Akureyri - Cost of restaurants
pay 5.8% more for groceries
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.80
ISK487
|
$2.35
ISK300
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
?? | |
| Milk (1 gallon) |
$7.78
ISK996
|
$10.87
ISK1,391
|
|
|
Eggs
1 dozen
|
$6.71
ISK859
|
$8.20
ISK1,050
|
|
| Boneless chicken breast (1 lb) |
$11.22
ISK1,436
|
$11.16
ISK1,428
|
|
| Apples (1 lb) |
$1.50
ISK191
|
?? | |
| Bananas (1 lb) |
$1.15
ISK147
|
?? | |
| Oranges (1 lb) |
$1.41
ISK181
|
?? | |
| Tomatoes (1 lb) |
$2.34
ISK300
|
?? | |
| Potatoes (1 lb) |
$1.65
ISK211
|
?? | |
| Onions (1 lb) |
$1.09
ISK140
|
?? | |
Iceland vs. Akureyri - Cost of groceries
pay 7.8% less for transportation
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.65
ISK1,235
|
$9.75
ISK1,248
|
|
| Monthly public transit pass |
$79.56
ISK10,182
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$49,144.25
ISK6,289,481
|
$41,010.50
ISK5,248,524
|
|
| Taxi trip in downtown area (5 miles) |
$25.55
ISK3,270
|
?? | |
Iceland vs. Akureyri - Cost of transportation
pay 23.3% more for housing
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$95.65
ISK12,241
|
$164.04
ISK20,994
|
|
| 1-Bedroom apartment in downtown area |
$2,289.17
ISK292,968
|
$1,804.46
ISK230,935
|
|
| 1-Bedroom apartment outside city center |
$1,830.04
ISK234,209
|
$1,804.46
ISK230,935
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.15
ISK8,338
|
$94.08
ISK12,041
|
|
Iceland vs. Akureyri - Cost of housing
pay 10.3% more for childcare
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$334.67
ISK42,830
|
$369.09
ISK47,237
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
?? | |
Iceland vs. Akureyri - Cost of childcare
pay 2.5% less for entertainment and sports
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$11.14
ISK1,426
|
$11.07
ISK1,417
|
|
| Cappuccino in mid-range area |
$5.62
ISK720
|
$4.98
ISK637
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.90
ISK1,778
|
$13.70
ISK1,753
|
|
| Monthly membership at local gym |
$78.17
ISK10,004
|
$85.30
ISK10,917
|
|
| Movie ticket to theater/cinema |
$16.75
ISK2,144
|
$15.38
ISK1,968
|
|
Iceland vs. Akureyri - Cost of entertainment and sports
pay 31.1% less for clothing
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$130.91
ISK16,753
|
$82.02
ISK10,497
|
|
|
Regular dress
from H&M or similar store
|
$61.83
ISK7,913
|
?? | |
|
Running shoes
Nike or Adidas
|
$163.81
ISK20,965
|
$123.03
ISK15,746
|
|
| Men's business shoes (leather) |
$237.31
ISK30,371
|
?? | |
Iceland vs. Akureyri - 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: December 2025
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