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