Family of 4 Monthly Cost
ISK 1,597
129.4% of US
Single Person Monthly Cost
ISK 978
127.7% of US
house Housing
Rent
| Item |
Avg Price |
Range |
| 1BR Apartment City Centre |
ISK 1,426.35 |
ISK 1,349.30 - 1,530.00 |
| 1BR Apartment Outside Centre |
ISK 941.87 |
ISK 913.17 - 977.75 |
| 3BR Apartment City Centre |
ISK 2,637.15 |
ISK 2,508.26 - 2,781.93 |
| 3BR Apartment Outside Centre |
ISK 1,684.99 |
ISK 1,597.37 - 1,773.00 |
Purchase
| Item |
Avg Price |
Range |
| Price per Square Meter City Centre |
ISK 5,879.78 |
ISK 5,726.84 - 6,024.83 |
| Price per Square Meter Outside Centre |
ISK 3,339.99 |
ISK 3,209.46 - 3,484.61 |
food Food
Restaurant
| Item |
Avg Price |
Range |
| Cappuccino |
ISK 4.48 |
ISK 4.26 - 4.62 |
| Fast Food Combo Meal |
ISK 8.87 |
ISK 8.41 - 9.25 |
| Inexpensive Restaurant Meal |
ISK 14.91 |
ISK 14.02 - 15.53 |
| Mid-Range Restaurant for Two |
ISK 59.77 |
ISK 58.15 - 61.62 |
Grocery
| Item |
Avg Price |
Range |
| Apples 1kg |
ISK 3.98 |
ISK 3.87 - 4.16 |
| Bananas 1kg |
ISK 1.46 |
ISK 1.42 - 1.54 |
| Beef 1kg |
ISK 20.08 |
ISK 19.34 - 20.41 |
| Bread 500g |
ISK 2.47 |
ISK 2.35 - 2.55 |
| Chicken 1kg |
ISK 9.68 |
ISK 9.58 - 9.84 |
| Eggs 12 pieces |
ISK 3.43 |
ISK 3.26 - 3.54 |
| Milk 1L |
ISK 1.08 |
ISK 1.03 - 1.12 |
| Rice 1kg |
ISK 3.43 |
ISK 3.31 - 3.62 |
| Water 1.5L |
ISK 1.48 |
ISK 1.41 - 1.56 |
bus Transport
Public Transport
| Item |
Avg Price |
Range |
| Monthly Transit Pass |
ISK 58.15 |
ISK 56.23 - 60.66 |
| One Way Ticket |
ISK 2.47 |
ISK 2.35 - 2.59 |
Taxi
| Item |
Avg Price |
Range |
| Taxi Per Kilometer |
ISK 1.80 |
ISK 1.71 - 1.88 |
| Taxi Start |
ISK 2.96 |
ISK 2.87 - 3.03 |
Car
| Item |
Avg Price |
Range |
| Gasoline 1L |
ISK 1.06 |
ISK 1.03 - 1.12 |
bulb Utilities
Basic Utilities
| Item |
Avg Price |
Range |
| Basic Utilities 85m² |
ISK 178.73 |
ISK 171.14 - 183.10 |
globe Internet
Broadband
| Item |
Avg Price |
Range |
| Internet 60 Mbps |
ISK 54.50 |
ISK 52.29 - 57.31 |
Mobile
| Item |
Avg Price |
Range |
| Mobile Phone Plan |
ISK 49.58 |
ISK 47.28 - 51.15 |
hospital Healthcare
Medical
| Item |
Avg Price |
Range |
| Doctor Visit |
ISK 118.41 |
ISK 114.38 - 120.84 |
Insurance
| Item |
Avg Price |
Range |
| Health Insurance Monthly |
ISK 391.15 |
ISK 376.43 - 408.61 |
🎓 Education
Preschool
| Item |
Avg Price |
Range |
| Kindergarten Monthly Fee |
ISK 1,179.59 |
ISK 1,155.60 - 1,240.63 |
School
| Item |
Avg Price |
Range |
| International School Annual Fee |
ISK 24,692.60 |
ISK 23,949.81 - 25,350.00 |
🎬 Entertainment
Fitness
| Item |
Avg Price |
Range |
| Fitness Club Monthly |
ISK 49.07 |
ISK 47.74 - 50.87 |
Cinema
| Item |
Avg Price |
Range |
| Cinema Ticket |
ISK 13.76 |
ISK 13.17 - 14.36 |
Sports
| Item |
Avg Price |
Range |
| Tennis Court 1 Hour |
ISK 24.66 |
ISK 23.96 - 25.39 |
204 entries
6 cities with data
Last updated: 2026-07-28
Recent Data Updates
| City |
Category |
Item |
Price |
Updated |
| Akureyri |
Housing |
1BR Apartment City Centre |
ISK 1,424.71 /month |
2026-07-28 |
| Hafnarfjörður |
Housing |
1BR Apartment City Centre |
ISK 1,471.93 /month |
2026-07-28 |
| Keflavík |
Housing |
1BR Apartment City Centre |
ISK 1,349.30 /month |
2026-07-28 |
| Kópavogur |
Housing |
1BR Apartment City Centre |
ISK 1,415.23 /month |
2026-07-28 |
| Reykjanesbær |
Housing |
1BR Apartment City Centre |
ISK 1,366.93 /month |
2026-07-28 |
| Reykjavík |
Housing |
1BR Apartment City Centre |
ISK 1,530.00 /month |
2026-07-28 |
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