Travel budget and cost of living in Akureyri (Iceland) how much does a trip cost?

Akureyri travel budget

Akureyri: calculate your travel budget

Sample budgets for a trip to Akureyri

These example budgets assume a 2-week holiday in Akureyri for 2 people.

* estimated local budget for 2 people for 2 weeks (excluding plane tickets).

Cost of living in Akureyri compared to United States in 2025

On average, the cost of living in Akureyri in 2025 is 20% higher than the average cost of living in the United States (USA).

See the graphic below for the price variation percentage by type of expense in Akureyri in 2025 compared to average prices in the United States (USA):

Local prices in Akureyri by expense type

Restaurant budget in Akureyri

Lunch

$ 25/person
($ 22 to $ 30)

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11% more than in the United States (USA) Average price in the United States (USA): $ 22

3 course dinner

$ 66/person
($ 53 to $ 66)

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58% more than in the United States (USA) Average price in the United States (USA): $ 42

McDonald's meal

$ 27/person
($ 22 to $ 33)

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119% more than in the United States (USA) Average price in the United States (USA): $ 13

Local beer

$ 13 for 500ml
($ 9.7 to $ 13)

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85% more than in the United States (USA) Average price in the United States (USA): $ 6.6

Imported beer

$ 2.2 for 330ml
( $ 2.2)

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43% less than in the United States (USA) Average price in the United States (USA): $ 3.9

Cappuccino

$ 4.5/cup
($ 2.5 to $ 5.6)

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20% less than in the United States (USA) Average price in the United States (USA): $ 5.7

Fizzy drink

$ 3.4/can
($ 2.5 to $ 4.5)

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22% more than in the United States (USA) Average price in the United States (USA): $ 2.8

Water bottle

$ 3/bottle
($ 2 to $ 4)

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35% more than in the United States (USA) Average price in the United States (USA): $ 2.3

Hotel and accommodation budget in Akureyri

1-star hotel

$ 204/night
($ 204 to $ 204)

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16% more than in the United States (USA) Average price in the United States (USA): $ 176

2-star hotel

$ 188/night
($ 105 to $ 356)

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12% more than in the United States (USA) Average price in the United States (USA): $ 168

3-star hotel

$ 240/night
($ 114 to $ 476)

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3% less than in the United States (USA) Average price in the United States (USA): $ 248

4-star hotel

$ 242/night
($ 174 to $ 346)

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30% less than in the United States (USA) Average price in the United States (USA): $ 349

5-star hotel

$ 81/night
($ 81 to $ 467)

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85% less than in the United States (USA) Average price in the United States (USA): $ 569

Hostel/Youth Hostel

$ 163/month
($ 112 to $ 247)

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8% less than in the United States (USA) Average price in the United States (USA): $ 179

Room with kitchen

$ 253/month
($ 104 to $ 557)

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4% less than in the United States (USA) Average price in the United States (USA): $ 265

Hotel with swimming pool

$ 193/month
($ 115 to $ 317)

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14% less than in the United States (USA) Average price in the United States (USA): $ 226

Cottage or guest house

$ 215/month
($ 214 to $ 214)

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16% less than in the United States (USA) Average price in the United States (USA): $ 256

Family room

$ 302/month
($ 154 to $ 555)

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38% more than in the United States (USA) Average price in the United States (USA): $ 220

Supermarket food budget in Akureyri

Milk

$ 2.8/litre
( $ 2.8)

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146% more than in the United States (USA) Average price in the United States (USA): $ 1.1

Bread

$ 2.9/500g
( $ 2.9)

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25% less than in the United States (USA) Average price in the United States (USA): $ 3.9

Rice

$ 1.6/kg
( $ 1.6)

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67% less than in the United States (USA) Average price in the United States (USA): $ 5

Eggs

$ 5/12 eggs
($ 4.8 to $ 5.3)

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25% more than in the United States (USA) Average price in the United States (USA): $ 4.1

Chicken

$ 19/kg
( $ 19)

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37% more than in the United States (USA) Average price in the United States (USA): $ 14

Apples

$ 2/kg
( $ 2)

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64% less than in the United States (USA) Average price in the United States (USA): $ 5.8

Tomatoes

$ 2.8/kg
( $ 2.8)

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47% less than in the United States (USA) Average price in the United States (USA): $ 5.4

Potatoes

$ 1.4/kg
( $ 1.4)

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55% less than in the United States (USA) Average price in the United States (USA): $ 3.2

Water bottle

$ 2
( $ 2)

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18% less than in the United States (USA) Average price in the United States (USA): $ 2.4

Public and private transport budget in Akureyri

Taxi (per km)

$ 1.2/km
($ 1.2 to $ 1.2)

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37% less than in the United States (USA) Average price in the United States (USA): $ 1.9

Petrol

$ 2.6/litre
($ 2.5 to $ 2.6)

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143% more than in the United States (USA) Average price in the United States (USA): $ 1

Taxi (initial pick-up charge)

$ 4.9
( $ 4.9)

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21% more than in the United States (USA) Average price in the United States (USA): $ 4

Car hire

$ 80/24hrs
($ 50 to $ 145)

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1% less than in the United States (USA) Average price in the United States (USA): $ 81

Leisure activity budget in Akureyri

Cinema

$ 10.1/ticket
( $ 10.1)

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34% less than in the United States (USA) Average price in the United States (USA): $ 16

Tennis

$ 50/hr
( $ 50)

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111% more than in the United States (USA) Average price in the United States (USA): $ 23

Budget for clothes and price of cigarettes in Akureyri

Cigarettes

$ 14/pack
($ 13 to $ 15)

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24% more than in the United States (USA) Average price in the United States (USA): $ 11

Levi's jeans

$ 114
( $ 114)

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98% more than in the United States (USA) Average price in the United States (USA): $ 58

Summer dress

$ 42
( $ 42)

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13% less than in the United States (USA) Average price in the United States (USA): $ 47

Plane ticket budget

London → Reykjavík

$ 199
(fair price: $ 158)

Manchester → Reykjavík

$ 272
(fair price: $ 217)

New York City → Reykjavík

$ 446
(fair price: $ 374)

Montreal → Reykjavík

$ 826
(fair price: $ 770)

Toronto → Reykjavík

$ 537
(fair price: $ 432)

Dublin → Reykjavík

$ 267
(fair price: $ 219)