Akureyri, Iceland

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Country

Iceland

Relocation

About Akureyri, Iceland

Costs exclude rent

Single / month

$1,068

Family of 4 / mo

$2,707

Avg salary (after tax)

$4,888

Akureyri is a charming town located in northern Iceland . It is often called the "Capital of North Iceland" and is known for its stunning natural beauty. Surrounded by mountains and located by the fjord, Akureyri offers breathtaking views and a peaceful atmosphere.

Data aggregated from public cost-of-living sources. See About for methodology.· Wikipedia · Akureyri· Updated May 22, 2026

Cost breakdown by category

Cost breakdown

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Fashion

Summer Dress from Chain Stores (e.g., Zara, H&M)USD $113.74
Midrange Nike Running ShoesUSD $232.98
Men's Dress ShoesUSD $190.71
Classic Jeans (e.g., Levi's 501)USD $155.84

Financial

Mortgage Interest Rate (20-Year Fixed)USD $0.04
Average Monthly Salary After TaxUSD $4,386

Food - Beverages

Local Draft Beer (Pint)USD $9.26
Imported Beer (Small Bottle)USD $9.26
CappuccinoUSD $5.21
Soft Drinks (350 ml Bottle)USD $3.23
Bottled Water (350 ml)USD $2.64

Food - Dining

Fast Food ComboUSD $12.96
Upscale Dinner for TwoUSD $145.37
Casual Dining ExperienceUSD $19.21

Food - Grocery

Bottled Water (1.5L)USD $2.31
Midrange Bottle of WineUSD $19.91
Marlboro (20-Pack)USD $12.96
Tomatoes (1 kg)USD $3.23
Milk (1 litre)USD $1.8
Fresh White Bread (1 kg)USD $7.46
White Rice (1 kg)USD $3.09
Dozen EggsUSD $5.82
Local Cheese (1 kg)USD $12.61
Chicken Fillets (1 kg)USD $19.7
Beef Round (1 kg)USD $32.33
Apples (1 kg)USD $2.32
Bananas (1 kg)USD $3.52
Oranges (1 kg)USD $3.33
Potatoes (1 kg)USD $1.65
Onions (1 kg)USD $2.13
Lettuce (1 Head)USD $3.71

Housing

Average Rent of 3-Bedroom Apartment in City CenterUSD $1,971
Average Rent of 3-Bedroom Apartment Outside City CenterUSD $1,713
Average Cost per Square Foot for Apartments in City CenterUSD $401.36
Average Cost per Square Foot for Apartments Outside City CenterUSD $318.22
Average Rent of 1-Bedroom Apartment in City CenterUSD $1,124
Average Rent of 1-Bedroom Apartment Outside City CenterUSD $886.08

Leisure

Cinema Ticket (International Release)USD $14.56
Monthly Fee for Private Kindergarten (1 Child)USD $381.87
Yearly Cost for International Primary School (1 Child)USD $2,777
Tennis Court Rental (1 Hour, Weekend)USD $37.02
Monthly Fee for Fitness Club Membership (1 Adult)USD $73.04

Transportation

Average Rate to Start a Taxi RideUSD $7.4
Average Price of a New Sedan CarUSD $37,925
Average Price of a New Compact Hatchback CarUSD $35,178
1 Hour Taxi WaitUSD $74.06
Average Taxi Fare for 1 kmUSD $4.47

Utilities (Monthly)

Internet Service (60 Mbps or More, Unlimited)USD $87.94
Average Monthly Cost for Essential Utilities in a 915 sq. ft. ApartmentUSD $169.72