Cost of living
Hofudborgarsvaedid compared to Akureyri
🏛️
Overview comparison
HofudborgarsvaedidAkureyri
Consumer prices in Hofudborgarsvaedid are roughly 20% higher than in Akureyri.
Cost of living
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| Total with rent one person | 3,345 | 2,116 |
|---|
| Total with rent family | 6,413 | 4,693 |
|---|
| Without rent one person | 915 | 1,197 |
|---|
| Without rent one family | 3,666 | 2,453 |
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| Rent & Utilities person | 1,515.72 | 1,185.14 |
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| Rent & Utilities family | 2,997.23 | 2,110.36 |
|---|
| Food person | 936 | 710 |
|---|
| Food family | 2,017 | 1,697 |
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| Transport person | 71.95 | 67.28 |
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| Transport family | 239.37 | 223.41 |
|---|
| Life expectancy | 74.88 years | 76 years |
|---|
Eating Out
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| Lunch Menu | 21.78 | 24.59 |
|---|
| Dinner in a Restaurant, for 2 | 114.35 | 125.36 |
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| Fast food meal, equiv. McDonald's | 16.74 | 17.97 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 8.49 | 9.84 |
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| Cappuccino | 5 | 4.22 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.64 | 3.01 |
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Rent & Utilities
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 2,047.54 | 1,300.08 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,356.76 | 1,006.7 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,526.69 | 2,007.34 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,490.08 | 2,078 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 36.5 | 84.72 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 58.93 | 117.4 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 79.6 | 94.42 |
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Transportation
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| Local transport ticket | 7.87 | 5.8 |
|---|
| Monthly ticket local transport | 5,564 | 4,655 |
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| Taxi Ride, 8 km or 5 mi | 5,700 | 3,641 |
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| Gas / Petrol, 1 L or 0.26 gal | 4.66 | 3.87 |
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| Mortgage Interest Rate for 20 Years | 76.63% | 68.9% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 27.82 | 25.86 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.52 | 1.93 |
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Groceries
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| Milk, 1 L or 1 qt | 1.5 | 1.88 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.98 | 2.93 |
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| Eggs, x12 | 4.76 | 4.35 |
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| Cheese, 1 kg or 2.2 lb | 17.16 | 10.58 |
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| Chicken Breast, 1 kg or 2.2 lb | 24.99 | 13.25 |
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| Round Steak, 1 kg or 2.2 lb | 37.37 | 29.47 |
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| Banana, 1 kg or 2.2 lb | 1.85 | 3.12 |
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| Water, 1 L or 1 qt | 1.25 | 1.15 |
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Other
| Item | Hofudborgarsvaedid | Akureyri |
|---|
| Gym Membership, 1 month | 67.6 | 64.81 |
|---|
| Cinema Ticket, 1 person | 12.41 | 14.76 |
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| Doctors visit | 97.14 | 67.38 |
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| Haircut, simple | 47.6 | 49.95 |
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| Brand Jeans | 130.45 | 133.97 |
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| Brand Sneakers | 168.06 | 142.89 |
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| Daycare or Preschool, 1 month | 294.92 | 350.01 |
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| International Primary School, 1 year | 6,441 | 6,928 |
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