Cost of Living in Akranes

Iceland

Cost of Living in Akranes

Western Region

Last updated:September 3, 2025

Groceries

Apples 1kg
$3.04
Bananas 1kg
$2.36
Beef 1kg
$40.30
Bread 500g
$1.90
Chicken Breast 1kg
$22.18
Cigarettes (20 pack)
$12.92
Domestic Beer 500mL
$2.66
Eggs (12)
$5.70
Imported Beer 330mL
$1.90
lettuce
Lettuce 1kg
$3.16
Local Cheese 1kg
$16.72
Milk 1L
$1.76
onion
Onions 1kg
$2.23
Oranges 1kg
$2.90
Potatoes 1kg
$3.46
Rice 1kg
$3.39
Tomatoes 1kg
$4.56
Water 1.5L
$2.15
Wine Bottle
$22.80

Restaurants & Dining

Beer
$8.74
Coffee
$5.70
Inexpensive Meal
$21.56
Mid-Range Meal
$140.60
Soda (Restaurant)
$3.00
Water
$2.27

Housing & Accommodation

1 Bedroom Apartment (City Center)
$2,811.98
1 Bedroom Apartment (Outside Center)
$1,766.99
3 Bedrooms Apartment (City Center)
$4,559.96
3 Bedrooms Apartment (Outside Center)
$3,419.97

Transportation

Gasoline 1L
$2.37
Monthly Pass
$68.40
One-way Ticket
$3.42
Taxi (per km)
$1.14
Taxi Start
$5.89
Taxi Waiting (1 hour)
$80.71

Utilities

Basic Utilities 85m²
$81.12
Internet
$75.23
Phone Plan
$25.94

Entertainment

cinema
Cinema
$16.64

Clothing & Shoesclothing

Dress
$60.79
Jeans
$135.27
Leather Shoes
$242.68
sneakers
Sneakers
$170.75

Education

International School
$28,456.41
Preschool
$289.39

Other Expenses

Average Salary
$5,319.96

Total Monthly Cost

$5,889

Overview

Airbnb Rent
$4,498

Median rent based on analysis of 10 apartments in September

Minimum$3,021
Maximum$4,656
Groceries
$554
Food Outside
$651
Base Cost
$187
Data Sources
Numbeo

Cost Trends

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