Cost of living
Hofudborgarsvaedid compared to Capital Region (Iceland)
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Overview comparison
HofudborgarsvaedidCapital Region (Iceland)
Consumer prices in Hofudborgarsvaedid are roughly 89% higher than in Capital Region (Iceland).
Cost of living
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
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| Total with rent one person | 3,345 | 255 |
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| Total with rent family | 6,413 | 815 |
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| Without rent one person | 915 | 266 |
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| Without rent one family | 3,666 | 548 |
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| Rent & Utilities person | 1,515.72 | 92.1 |
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| Rent & Utilities family | 2,997.23 | 217.18 |
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| Food person | 936 | 147 |
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| Food family | 2,017 | 318 |
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| Transport person | 71.95 | 47.71 |
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| Transport family | 239.37 | 107.6 |
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| Life expectancy | 74.88 years | 68.62 years |
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Eating Out
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
|---|
| Lunch Menu | 21.78 | 0.98 |
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| Dinner in a Restaurant, for 2 | 114.35 | 10.25 |
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| Fast food meal, equiv. McDonald's | 16.74 | 4.35 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 8.49 | 4.83 |
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| Cappuccino | 5 | 1.73 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.64 | 0.29 |
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Rent & Utilities
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 2,047.54 | 86.49 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,356.76 | 55.5 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,526.69 | 269.82 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,490.08 | 180 |
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| Utility Bill one person, electricity, heating, water, etc. | 36.5 | 11.64 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 58.93 | 20.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 79.6 | 14.59 |
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Transportation
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
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| Local transport ticket | 7.87 | 12.68 |
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| Monthly ticket local transport | 5,564 | 835 |
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| Taxi Ride, 8 km or 5 mi | 5,700 | 349 |
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| Gas / Petrol, 1 L or 0.26 gal | 4.66 | 0.19 |
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| Mortgage Interest Rate for 20 Years | 76.63% | 8.04% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 27.82 | 4.04 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.52 | 0.97 |
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Groceries
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
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| Milk, 1 L or 1 qt | 1.5 | 0.71 |
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| Bread, 0.5 kg or 1.1 lb | 3.98 | 0.56 |
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| Eggs, x12 | 4.76 | 1.25 |
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| Cheese, 1 kg or 2.2 lb | 17.16 | 8.21 |
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| Chicken Breast, 1 kg or 2.2 lb | 24.99 | 2.1 |
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| Round Steak, 1 kg or 2.2 lb | 37.37 | 6.25 |
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| Banana, 1 kg or 2.2 lb | 1.85 | 0.93 |
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| Water, 1 L or 1 qt | 1.25 | 0.2 |
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Other
| Item | Hofudborgarsvaedid | Capital Region (Iceland) |
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| Gym Membership, 1 month | 67.6 | 12.32 |
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| Cinema Ticket, 1 person | 12.41 | 3.35 |
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| Doctors visit | 97.14 | 6.94 |
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| Haircut, simple | 47.6 | 1.96 |
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| Brand Jeans | 130.45 | 17.01 |
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| Brand Sneakers | 168.06 | 36.21 |
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| Daycare or Preschool, 1 month | 294.92 | 51.58 |
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| International Primary School, 1 year | 6,441 | 779 |
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