Cost of living
Keflavik compared to Southern Peninsula
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Overview comparison
KeflavikSouthern Peninsula
Consumer prices in Southern Peninsula are roughly 36% higher than in Keflavik.
Cost of living
| Item | Keflavik | Southern Peninsula |
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| Total with rent one person | 2,266 | 3,440 |
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| Total with rent family | 4,611 | 6,957 |
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| Without rent one person | 1,080 | 1,191 |
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| Without rent one family | 3,049 | 2,954 |
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| Rent & Utilities person | 1,192.01 | 1,737.78 |
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| Rent & Utilities family | 1,327.52 | 2,601.41 |
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| Food person | 844 | 772 |
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| Food family | 2,333 | 2,035 |
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| Transport person | 93.8 | 104.91 |
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| Transport family | 271.94 | 200.22 |
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| Life expectancy | 69.66 years | 81.21 years |
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Eating Out
| Item | Keflavik | Southern Peninsula |
|---|
| Lunch Menu | 26.67 | 20.44 |
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| Dinner in a Restaurant, for 2 | 124.8 | 105.68 |
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| Fast food meal, equiv. McDonald's | 14.14 | 16.98 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 6.18 | 12.53 |
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| Cappuccino | 4.37 | 5.54 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.36 | 3.52 |
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Rent & Utilities
| Item | Keflavik | Southern Peninsula |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,318.96 | 2,134.78 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 825.75 | 1,725.77 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,546.14 | 2,549.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,360.97 | 2,925.09 |
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| Utility Bill one person, electricity, heating, water, etc. | 25.79 | 49.81 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 44.76 | 68 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 63.51 | 86.27 |
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Transportation
| Item | Keflavik | Southern Peninsula |
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| Local transport ticket | 5.58 | 7.04 |
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| Monthly ticket local transport | 2,780 | 6,906 |
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| Taxi Ride, 8 km or 5 mi | 1,964 | 4,354 |
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| Gas / Petrol, 1 L or 0.26 gal | 4.94 | 4.22 |
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| Mortgage Interest Rate for 20 Years | 75.55% | 71.75% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 25.17 | 25.41 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.67 | 2.16 |
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Groceries
| Item | Keflavik | Southern Peninsula |
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| Milk, 1 L or 1 qt | 1.63 | 1.8 |
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| Bread, 0.5 kg or 1.1 lb | 3.04 | 3.57 |
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| Eggs, x12 | 4.52 | 7 |
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| Cheese, 1 kg or 2.2 lb | 15.1 | 16.86 |
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| Chicken Breast, 1 kg or 2.2 lb | 21.02 | 19.76 |
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| Round Steak, 1 kg or 2.2 lb | 28.32 | 41 |
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| Banana, 1 kg or 2.2 lb | 2.01 | 2.22 |
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| Water, 1 L or 1 qt | 1.63 | 1.13 |
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Other
| Item | Keflavik | Southern Peninsula |
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| Gym Membership, 1 month | 50.63 | 70.62 |
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| Cinema Ticket, 1 person | 12.49 | 16.68 |
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| Doctors visit | 93.78 | 89.55 |
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| Haircut, simple | 43.16 | 57.46 |
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| Brand Jeans | 120.49 | 108.05 |
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| Brand Sneakers | 175.63 | 164.51 |
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| Daycare or Preschool, 1 month | 219.73 | 215.07 |
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| International Primary School, 1 year | 5,750 | 7,314 |
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