Cost of living
Kopavogur compared to Hofudborgarsvaedid
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Overview comparison
KopavogurHofudborgarsvaedid
Consumer prices in Hofudborgarsvaedid are roughly 14% higher than in Kopavogur.
Cost of living
| Item | Kopavogur | Hofudborgarsvaedid |
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| Total with rent one person | 2,682 | 3,345 |
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| Total with rent family | 5,993 | 6,413 |
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| Without rent one person | 938 | 915 |
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| Without rent one family | 3,469 | 3,666 |
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| Rent & Utilities person | 1,397.51 | 1,515.72 |
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| Rent & Utilities family | 2,563.83 | 2,997.23 |
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| Food person | 802 | 936 |
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| Food family | 2,000 | 2,017 |
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| Transport person | 75.7 | 71.95 |
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| Transport family | 177.27 | 239.37 |
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| Life expectancy | 66.86 years | 74.88 years |
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Eating Out
| Item | Kopavogur | Hofudborgarsvaedid |
|---|
| Lunch Menu | 22.7 | 21.78 |
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| Dinner in a Restaurant, for 2 | 83.83 | 114.35 |
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| Fast food meal, equiv. McDonald's | 19.04 | 16.74 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 10.74 | 8.49 |
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| Cappuccino | 5.78 | 5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.67 | 3.64 |
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Rent & Utilities
| Item | Kopavogur | Hofudborgarsvaedid |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,364.48 | 2,047.54 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 919.29 | 1,356.76 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,017.45 | 2,526.69 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,812.04 | 2,490.08 |
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| Utility Bill one person, electricity, heating, water, etc. | 44.53 | 36.5 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 60.71 | 58.93 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 75.57 | 79.6 |
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Transportation
| Item | Kopavogur | Hofudborgarsvaedid |
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| Local transport ticket | 4.48 | 7.87 |
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| Monthly ticket local transport | 5,529 | 5,564 |
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| Taxi Ride, 8 km or 5 mi | 3,090 | 5,700 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.61 | 4.66 |
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| Mortgage Interest Rate for 20 Years | 56.31% | 76.63% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.84 | 27.82 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.99 | 2.52 |
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Groceries
| Item | Kopavogur | Hofudborgarsvaedid |
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| Milk, 1 L or 1 qt | 1.44 | 1.5 |
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| Bread, 0.5 kg or 1.1 lb | 3.05 | 3.98 |
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| Eggs, x12 | 5.24 | 4.76 |
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| Cheese, 1 kg or 2.2 lb | 13.62 | 17.16 |
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| Chicken Breast, 1 kg or 2.2 lb | 18.72 | 24.99 |
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| Round Steak, 1 kg or 2.2 lb | 24.65 | 37.37 |
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| Banana, 1 kg or 2.2 lb | 1.89 | 1.85 |
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| Water, 1 L or 1 qt | 0.89 | 1.25 |
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Other
| Item | Kopavogur | Hofudborgarsvaedid |
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| Gym Membership, 1 month | 54.9 | 67.6 |
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| Cinema Ticket, 1 person | 17.27 | 12.41 |
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| Doctors visit | 97.85 | 97.14 |
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| Haircut, simple | 48.76 | 47.6 |
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| Brand Jeans | 125.59 | 130.45 |
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| Brand Sneakers | 127.75 | 168.06 |
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| Daycare or Preschool, 1 month | 296.9 | 294.92 |
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| International Primary School, 1 year | 7,287 | 6,441 |
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