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 Iceland in 2020

On average, the cost of living in Akureyri in 2020 is 45% 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 2020 compared to average prices in the United States (USA):

Local prices in Akureyri by expense type

Restaurant budget in Akureyri

Lunch

$ 15/person
($ 9.6 to $ 29)

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4% less than in the United States (USA) Average price in the United States (USA): $ 16

3 course dinner

$ 41/person
($ 32 to $ 53)

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40% more than in the United States (USA) Average price in the United States (USA): $ 29

McDonald's meal

$ 13/person
($ 9.6 to $ 17)

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49% more than in the United States (USA) Average price in the United States (USA): $ 8.1

Local beer

$ 8 for 500ml
($ 7.2 to $ 9.6)

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59% more than in the United States (USA) Average price in the United States (USA): $ 5

Imported beer

$ 2.5 for 330ml
($ 2.5 to $ 3.1)

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16% less than in the United States (USA) Average price in the United States (USA): $ 3

Cappuccino

$ 4.8/cup
($ 4.1 to $ 8)

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12% more than in the United States (USA) Average price in the United States (USA): $ 4.3

Fizzy drink

$ 3.1/can
($ 2.4 to $ 3.8)

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62% more than in the United States (USA) Average price in the United States (USA): $ 1.9

Water bottle

$ 2.2/bottle
($ 2 to $ 3.6)

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38% more than in the United States (USA) Average price in the United States (USA): $ 1.6

Hotel and accommodation budget in Akureyri

1-star hotel

$ 85/night
($ 85 to $ 85)

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21% less than in the United States (USA) Average price in the United States (USA): $ 109

2-star hotel

$ 112/night
($ 85 to $ 144)

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11% less than in the United States (USA) Average price in the United States (USA): $ 126

3-star hotel

$ 158/night
($ 118 to $ 202)

---

12% less than in the United States (USA) Average price in the United States (USA): $ 180

4-star hotel

$ 256/night
($ 179 to $ 369)

---

2% less than in the United States (USA) Average price in the United States (USA): $ 262

Hotel/Youth Hostel

$ 108/month
($ 87 to $ 133)

---

20% less than in the United States (USA) Average price in the United States (USA): $ 136

Room with kitchen

$ 236/month
($ 167 to $ 326)

---

40% more than in the United States (USA) Average price in the United States (USA): $ 169

Hotel with swimming pool

$ 192/month
($ 192 to $ 192)

---

16% more than in the United States (USA) Average price in the United States (USA): $ 165

Cottage or guest house

$ 125/month
($ 97 to $ 152)

---

44% less than in the United States (USA) Average price in the United States (USA): $ 223

Family room

$ 205/month
($ 157 to $ 262)

---

18% more than in the United States (USA) Average price in the United States (USA): $ 175

Supermarket food budget in Akureyri

Milk

$ 1.4/litre
($ 1.4 to $ 1.4)

---

73% more than in the United States (USA) Average price in the United States (USA): $ 0.9

Bread

$ 3.1/500g
($ 3.1 to $ 3.1)

---

11% more than in the United States (USA) Average price in the United States (USA): $ 2.7

Rice

$ 2.4/kg
($ 2.4 to $ 2.4)

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42% less than in the United States (USA) Average price in the United States (USA): $ 4.1

Eggs

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

---

125% more than in the United States (USA) Average price in the United States (USA): $ 2.4

Cheese

$ 15/kg
($ 15 to $ 15)

---

29% more than in the United States (USA) Average price in the United States (USA): $ 12

Chicken

$ 23/kg
($ 23 to $ 23)

---

140% more than in the United States (USA) Average price in the United States (USA): $ 9.2

Apples

$ 2.4/kg
($ 2.4 to $ 2.5)

---

49% less than in the United States (USA) Average price in the United States (USA): $ 4.6

Oranges

$ 2.4/kg
($ 2.4 to $ 2.4)

---

42% less than in the United States (USA) Average price in the United States (USA): $ 4.1

Tomatoes

$ 6.1/kg
($ 6.1 to $ 6.1)

---

41% more than in the United States (USA) Average price in the United States (USA): $ 4.3

Potatoes

$ 2.4/kg
($ 2.4 to $ 3.1)

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12% less than in the United States (USA) Average price in the United States (USA): $ 2.7

Salad

$ 1.1/salad
($ 1.1 to $ 2.5)

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35% less than in the United States (USA) Average price in the United States (USA): $ 1.6

Water bottle

$ 2.3
($ 2.3 to $ 2.3)

---

23% more than in the United States (USA) Average price in the United States (USA): $ 1.8

Joint of beef

$ 23/kg
($ 23 to $ 23)

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79% more than in the United States (USA) Average price in the United States (USA): $ 13

Public and private transport budget in Akureyri

Taxi (per km)

$ 2.4/km
($ 2.4 to $ 2.4)

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42% more than in the United States (USA) Average price in the United States (USA): $ 1.7

Petrol

$ 1.6/litre
($ 1.6 to $ 1.9)

---

130% more than in the United States (USA) Average price in the United States (USA): $ 0.7

Taxi (initial pick-up charge)

$ 6.5
($ 6.5 to $ 9.6)

---

96% more than in the United States (USA) Average price in the United States (USA): $ 3.3

Car hire

$ 77/24hrs
($ 1.2 to $ 138)

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94% more than in the United States (USA) Average price in the United States (USA): $ 40

Budget for living and housing in Akureyri

Electricity, water...

$ 89/month
($ 89 to $ 161)

---

46% less than in the United States (USA) Average price in the United States (USA): $ 164

Mobile phone

$ 0.2/min.
($ 0.1 to $ 0.1)

---

92% more than in the United States (USA) Average price in the United States (USA): $ 0.1

Broadband internet

$ 69/month
($ 41 to $ 161)

---

1% more than in the United States (USA) Average price in the United States (USA): $ 67

Studio flat (city centre)

$ 721/month
($ 481 to $ 1041)

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47% less than in the United States (USA) Average price in the United States (USA): $ 1365

Studio flat (suburbs)

$ 545/month
($ 321 to $ 961)

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50% less than in the United States (USA) Average price in the United States (USA): $ 1093

Flat (centre)

$ 1522/month
($ 1442 to $ 1762)

---

30% less than in the United States (USA) Average price in the United States (USA): $ 2192

Flat (suburbs)

$ 1322/month
($ 1041 to $ 1602)

---

23% less than in the United States (USA) Average price in the United States (USA): $ 1735

Gym

$ 67/month
($ 57 to $ 91)

---

75% more than in the United States (USA) Average price in the United States (USA): $ 39

Private nursery

$ 193/month
($ 193 to $ 481)

---

79% less than in the United States (USA) Average price in the United States (USA): $ 950

Leisure activity budget in Akureyri

Cinema

$ 14/ticket
($ 13 to $ 33)

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

Tennis

$ 39/hr
( $ 39)

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134% more than in the United States (USA) Average price in the United States (USA): $ 17

Budget for clothes and price of cigarettes in Akureyri

Cigarettes

$ 10.5/pack
($ 10.5 to $ 10.5)

---

31% more than in the United States (USA) Average price in the United States (USA): $ 8.1

Levi's jeans

$ 127
($ 121 to $ 161)

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178% more than in the United States (USA) Average price in the United States (USA): $ 46

Summer dress

$ 79
($ 41 to $ 97)

---

113% more than in the United States (USA) Average price in the United States (USA): $ 38

Trainers

$ 193
($ 145 to $ 210)

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148% more than in the United States (USA) Average price in the United States (USA): $ 78

Leather shoes

$ 174
($ 121 to $ 281)

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76% more than in the United States (USA) Average price in the United States (USA): $ 98

Plane ticket budget

New York City → Reykjavik

$ 541
(fair price: $ 451)

Los Angeles → Reykjavik

$ 885
(fair price: $ 769)

Toronto (Ontario) → Reykjavik

$ 604
(fair price: $ 511)

Manchester → Reykjavik

$ 245
(fair price: $ 204)

Dublin → Reykjavik

$ 230
(fair price: $ 199)

Edinburgh → Reykjavik

$ 286
(fair price: $ 229)

Montreal → Reykjavik

$ 793
(fair price: $ 670)

London → Reykjavik

$ 195
(fair price: $ 156)

Sydney → Reykjavik

$ 1726
(fair price: $ 1424)

Melbourne → Reykjavik

$ 1548
(fair price: $ 1387)

Perth → Reykjavik

$ 1449
(fair price: $ 1259)

Auckland → Reykjavik

$ 1753
(fair price: $ 1514)

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