Cost of Living in Akureyri

Iceland

Cost of Living in Akureyri

Northeastern Region

Last updated:March 11, 2026

Groceries

Bread 500g
$2.75
Cigarettes (20 pack)
$12.69
Milk 1L
$2.66

Restaurants & Dining

Beer
$10.07
Coffee
$4.23
Inexpensive Meal
$23.75
Mid-Range Meal
$121.60
Soda (Restaurant)
$3.17
Water
$2.85

Housing & Accommodation

3 Bedrooms Apartment (Outside Center)
$1,998.78

Transportation

Gasoline 1L
$2.39

Utilities

Basic Utilities 85m²
$114.00
Internet
$152.00
Phone Plan
$36.04

Entertainment

cinema
Cinema
$9.50

Education

Preschool
$342.00

Other Expenses

Average Salary
$4,295.23

Total Monthly Cost

$5,617

Overview

Airbnb Rent
$4,191

Median rent based on analysis of 15 apartments in March

Minimum$2,360
Maximum$4,995
Groceries
$649
Food Outside
$576
Base Cost
$201
Data Sources
Numbeo

Cost Trends

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