Cost of living
Akureyri compared to Keflavik
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Overview comparison
AkureyriKeflavik
Consumer prices in Akureyri are roughly 18% higher than in Keflavik.
Cost of living
| Item | Akureyri | Keflavik |
|---|
| Total with rent one person | 2,116 | 2,266 |
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| Total with rent family | 4,693 | 4,611 |
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| Without rent one person | 1,197 | 1,080 |
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| Without rent one family | 2,453 | 3,049 |
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| Rent & Utilities person | 1,185.14 | 1,192.01 |
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| Rent & Utilities family | 2,110.36 | 1,327.52 |
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| Food person | 710 | 844 |
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| Food family | 1,697 | 2,333 |
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| Transport person | 67.28 | 93.8 |
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| Transport family | 223.41 | 271.94 |
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| Life expectancy | 76 years | 69.66 years |
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Eating Out
| Item | Akureyri | Keflavik |
|---|
| Lunch Menu | 24.59 | 26.67 |
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| Dinner in a Restaurant, for 2 | 125.36 | 124.8 |
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| Fast food meal, equiv. McDonald's | 17.97 | 14.14 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 9.84 | 6.18 |
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| Cappuccino | 4.22 | 4.37 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.01 | 2.36 |
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Rent & Utilities
| Item | Akureyri | Keflavik |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,300.08 | 1,318.96 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,006.7 | 825.75 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,007.34 | 1,546.14 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,078 | 1,360.97 |
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| Utility Bill one person, electricity, heating, water, etc. | 84.72 | 25.79 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 117.4 | 44.76 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 94.42 | 63.51 |
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Transportation
| Item | Akureyri | Keflavik |
|---|
| Local transport ticket | 5.8 | 5.58 |
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| Monthly ticket local transport | 4,655 | 2,780 |
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| Taxi Ride, 8 km or 5 mi | 3,641 | 1,964 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.87 | 4.94 |
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| Mortgage Interest Rate for 20 Years | 68.9% | 75.55% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 25.86 | 25.17 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.93 | 2.67 |
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Groceries
| Item | Akureyri | Keflavik |
|---|
| Milk, 1 L or 1 qt | 1.88 | 1.63 |
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| Bread, 0.5 kg or 1.1 lb | 2.93 | 3.04 |
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| Eggs, x12 | 4.35 | 4.52 |
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| Cheese, 1 kg or 2.2 lb | 10.58 | 15.1 |
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| Chicken Breast, 1 kg or 2.2 lb | 13.25 | 21.02 |
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| Round Steak, 1 kg or 2.2 lb | 29.47 | 28.32 |
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| Banana, 1 kg or 2.2 lb | 3.12 | 2.01 |
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| Water, 1 L or 1 qt | 1.15 | 1.63 |
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Other
| Item | Akureyri | Keflavik |
|---|
| Gym Membership, 1 month | 64.81 | 50.63 |
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| Cinema Ticket, 1 person | 14.76 | 12.49 |
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| Doctors visit | 67.38 | 93.78 |
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| Haircut, simple | 49.95 | 43.16 |
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| Brand Jeans | 133.97 | 120.49 |
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| Brand Sneakers | 142.89 | 175.63 |
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| Daycare or Preschool, 1 month | 350.01 | 219.73 |
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| International Primary School, 1 year | 6,928 | 5,750 |
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