NUMBEO

Cost of Living in Akureyri

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 2,400.00 kr 2,250.00-2,500.00
Meal for 2 People, Mid-range Restaurant, Three-course 10,000.00 kr 7,600.00-12,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,600.00 kr 1,000.00-2,000.00
Domestic Beer (1 pint draught) 1,100.00 kr 1,000.00-1,200.00
Imported Beer (11.2 oz small bottle) 1,000.00 kr 1,000.00-1,000.00
Cappuccino (regular) 534.00 kr 450.00-600.00
Coke/Pepsi (11.2 oz small bottle) 325.00 kr 300.00-450.00
Water (11.2 oz small bottle) 266.67 kr 250.00-300.00
Markets [ Edit ]
Milk (regular), (1 gallon) 519.08 kr 444.32-567.81
Loaf of Fresh White Bread (1 lb) 226.23 kr
Rice (white), (1 lb) 170.98 kr 111.08-230.88
Eggs (regular) (12) 778.00 kr
Local Cheese (1 lb) 816.24 kr 725.30-907.19
Chicken Breasts (Boneless, Skinless), (1 lb) 810.12 kr 622.33-997.90
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,587.58 kr
Apples (1 lb) 123.58 kr 108.41-272.16
Banana (1 lb) 161.93 kr 111.08-226.80
Oranges (1 lb) 162.84 kr
Tomato (1 lb) 158.30 kr
Potato (1 lb) 123.35 kr 111.08-135.62
Onion (1 lb) 63.05 kr
Lettuce (1 head) 235.04 kr 111.08-359.00
Water (1.5 liter bottle) 284.50 kr 169.00-400.00
Bottle of Wine (Mid-Range) 2,500.00 kr 1,500.00-3,000.00
Domestic Beer (0.5 liter bottle) 289.00 kr 289.00-400.00
Imported Beer (11.2 oz small bottle) 309.00 kr 309.00-400.00
Cigarettes 20 Pack (Marlboro) 1,350.00 kr 1,200.00-1,500.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 0.00 kr 0.00-0.00
Monthly Pass (Regular Price) 0.00 kr 0.00-0.00
Taxi Start (Normal Tariff) 745.00 kr 690.00-800.00
Taxi 1 mile (Normal Tariff) 482.80 kr 482.80-482.80
Taxi 1hour Waiting (Normal Tariff) 7,720.00 kr 7,440.00-8,000.00
Gasoline (1 gallon) 785.47 kr 757.08-832.79
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,440,000.00 kr
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 3,990,000.00 kr
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,500.00 kr 5,000.00-18,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 20.00 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 10,500.00 kr 4,500.00-20,000.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 8,055.56 kr 6,840.00-10,000.00
Tennis Court Rent (1 Hour on Weekend) ?
Cinema, International Release, 1 Seat 1,425.00 kr 1,400.00-1,450.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 35,000.00 kr
International Primary School, Yearly for 1 Child ?
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 15,000.00 kr 15,000.00-15,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 9,500.00 kr 7,000.00-12,000.00
1 Pair of Nike Running Shoes (Mid-Range) 19,666.67 kr 16,000.00-25,000.00
1 Pair of Men Leather Business Shoes 24,000.00 kr 18,000.00-30,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 130,000.00 kr 60,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 93,333.33 kr 40,000.00-120,000.00
Apartment (3 bedrooms) in City Centre 195,000.00 kr 180,000.00-240,000.00
Apartment (3 bedrooms) Outside of Centre 176,666.67 kr 130,000.00-200,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 33,754.49 kr 29,542.92-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 28,799.70 kr 23,225.57-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 303,333.33 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.77 4.30-6.50

Prices in Akureyri

These data are based on 158 entries in the past 18 months from 23 different contributors.
Last update: September 2018
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3 Comments so far

#Anonymous on Sep 15, 2017 :
How much does a international student need money for one month
#Robertas on Feb 17, 2015 :
Hi there, is it possible to live in Akureyri for 400 euros a month for an international student? :)
#Anonymous on Oct 28, 2014 :
It is free to use the bus in Akureyri and regular water is free in Iceland.

I don´t know what it costs to use the bus in Reykjavík but it is not free.

Tap water is of excellent quality so people do not drink bottled water.