Cost of living comparison
Akureyri is 3.1% more expensive than Iceland overall.
- Restaurants
-
pay 7.3% more in Akureyri
- Groceries
-
pay 16.8% less in Akureyri
- Transportation
-
pay 12.6% less in Akureyri
- Housing
-
pay 13.3% more in Akureyri
- Childcare
-
pay 11.7% more in Akureyri
- Entertainment and Sports
-
pay 6.8% less in Akureyri
- Clothing
-
pay 25.5% more in Akureyri
The cost of clothing, housing, childcare, and restaurants in Akureyri are more expensive than in Iceland. Expenses including groceries, transportation, and entertainment and sports are lower in Akureyri.
If you lived in Akureyri instead of Iceland, you would:
pay 7.3% more for restaurants
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$21.62
ISK2,845
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$18.02
ISK2,371
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$2.81
ISK370
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$2.10
ISK276
|
|
pay 16.8% less for groceries
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$2.93
ISK385
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$4.80
ISK632
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$6.46
ISK850
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$4.44
ISK584
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$6.87
ISK903
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$0.82
ISK108
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$1.24
ISK163
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$1.18
ISK155
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$1.14
ISK151
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.59
ISK77
|
|
| Onions (1 lb) |
$0.78
ISK103
|
?? | |
pay 12.6% less for transportation
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$8.10
ISK1,066
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$31,711.71
ISK4,172,627
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
?? | |
pay 13.3% more for housing
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$93.69
ISK12,328
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$1,297.30
ISK170,698
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$1,177.18
ISK154,893
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$101.04
ISK13,295
|
|
pay 11.7% more for childcare
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$288.29
ISK37,933
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
?? | |
pay 6.8% less for entertainment and sports
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$9.37
ISK1,233
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$4.04
ISK532
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$10.81
ISK1,422
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$54.99
ISK7,236
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$13.69
ISK1,802
|
|
pay 25.5% more for clothing
|
Iceland
|
Akureyri
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$122.52
ISK16,122
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$126.13
ISK16,596
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$136.94
ISK18,018
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$162.16
ISK21,337
|
|
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