Cost of living
Westfjords compared to Capital Region (Iceland)
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Overview comparison
WestfjordsCapital Region (Iceland)
Consumer prices in Westfjords are roughly 89% higher than in Capital Region (Iceland).
Cost of living
| Item | Westfjords | Capital Region (Iceland) |
|---|
| Total with rent one person | 2,712 | 255 |
|---|
| Total with rent family | 6,871 | 815 |
|---|
| Without rent one person | 997 | 266 |
|---|
| Without rent one family | 2,806 | 548 |
|---|
| Rent & Utilities person | 1,740.8 | 92.1 |
|---|
| Rent & Utilities family | 3,025.9 | 217.18 |
|---|
| Food person | 911 | 147 |
|---|
| Food family | 2,224 | 318 |
|---|
| Transport person | 94.82 | 47.71 |
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| Transport family | 241.79 | 107.6 |
|---|
| Life expectancy | 68.19 years | 68.62 years |
|---|
Eating Out
| Item | Westfjords | Capital Region (Iceland) |
|---|
| Lunch Menu | 17.33 | 0.98 |
|---|
| Dinner in a Restaurant, for 2 | 101.4 | 10.25 |
|---|
| Fast food meal, equiv. McDonald's | 17.66 | 4.35 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 8.97 | 4.83 |
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| Cappuccino | 5.97 | 1.73 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.53 | 0.29 |
|---|
Rent & Utilities
| Item | Westfjords | Capital Region (Iceland) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,558 | 86.49 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,850.1 | 55.5 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 3,177.98 | 269.82 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,776.17 | 180 |
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| Utility Bill one person, electricity, heating, water, etc. | 36.73 | 11.64 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 66.44 | 20.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 70.55 | 14.59 |
|---|
Transportation
| Item | Westfjords | Capital Region (Iceland) |
|---|
| Local transport ticket | 9.09 | 12.68 |
|---|
| Monthly ticket local transport | 5,503 | 835 |
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| Taxi Ride, 8 km or 5 mi | 5,156 | 349 |
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| Gas / Petrol, 1 L or 0.26 gal | 5.27 | 0.19 |
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| Mortgage Interest Rate for 20 Years | 70.78% | 8.04% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 21.12 | 4.04 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.21 | 0.97 |
|---|
Groceries
| Item | Westfjords | Capital Region (Iceland) |
|---|
| Milk, 1 L or 1 qt | 1.71 | 0.71 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.43 | 0.56 |
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| Eggs, x12 | 7.04 | 1.25 |
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| Cheese, 1 kg or 2.2 lb | 16.42 | 8.21 |
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| Chicken Breast, 1 kg or 2.2 lb | 22 | 2.1 |
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| Round Steak, 1 kg or 2.2 lb | 41.72 | 6.25 |
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| Banana, 1 kg or 2.2 lb | 2.39 | 0.93 |
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| Water, 1 L or 1 qt | 1.38 | 0.2 |
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Other
| Item | Westfjords | Capital Region (Iceland) |
|---|
| Gym Membership, 1 month | 83.27 | 12.32 |
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| Cinema Ticket, 1 person | 15.21 | 3.35 |
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| Doctors visit | 83.92 | 6.94 |
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| Haircut, simple | 47.85 | 1.96 |
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| Brand Jeans | 131.08 | 17.01 |
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| Brand Sneakers | 151.95 | 36.21 |
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| Daycare or Preschool, 1 month | 298.4 | 51.58 |
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| International Primary School, 1 year | 6,845 | 779 |
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