Cost of Living in Akureyri vs Milan

Cost of living in Akureyri is 6% higher than in Milan (without rent).

Rent in Akureyri is 8% more expensive than in Milan.

Cost of living including rent in Akureyri is 7% higher than in Milan.

Food in Akureyri is 22% more expensive than in Milan.

Transport in Akureyri is 56% cheaper than in Milan.

Akureyri vs. Milan Comparision

Akureyri Milan
Cost of Living, including rent
2,300 $
2,146 $
Without Rent
1,007 $
952 $
Rent & Utilities
1,293 $
1,194 $
Food
717 $
586 $
Transport
83 $
189 $
Monthly Salary, after tax
3,866 $
2,119 $
Quality of Life
63
86
Population
19.9K
1.4M

Compare other cities?

Akureyri Milan

Restaurants

Lunch menu,
inexpensive restaurant
22 $ 19.7 $
Dinner, for 2 118 $ 79.6 $
Fast food, McDonalds or KFC 18.4 $ 11.4 $
Beer, 0.5 L or 16 fl oz 9.69 $ 6.85 $
Capuccino 4.12 $ 2.18 $
Coke, 330ml 2.85 $ 3.2 $

Markets

Milk, 1 L or 1 qt 1.73 $ 1.74 $
Bread, 0.5 kg or 1 lb 3.01 $ 2.42 $
Rice, 1 kg or 2 lb 2.21 $ 3 $
Eggs, 12 pack 4.59 $ 4.66 $
Cheese, 1 kg or 2 lb 9.88 $ 17.6 $
Chicken Breast, 1 kg or 2 lb 15.5 $ 13 $
Round Steak, 1 kg or 2 lb 26 $ 22.3 $
Apples, 1 kg or 2 lb 1.84 $ 2.62 $
Banana, 1 kg or 2 lb 2.81 $ 2.13 $
Oranges, 1 kg or 2 lb 2.64 $ 2.8 $
Potatoes, 1 kg or 2 lb 1.33 $ 1.98 $
Onions, 1 kg or 2 lb 1.59 $ 1.86 $
Water, 1 L or 1 qt 1.23 $ 0.39 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.74 $ 2.81 $
Wine, 750 mL bottle 20 $ 8.22 $
Beer, 0.5 L or 16 fl oz 3.28 $ 1.92 $
Cigarette pack 11.2 $ 6.83 $

Transport

Local transport ticket, One-way Ticket 4.33 $ 2.46 $
Monthly pass, Monthly Ticket 73.8 $ 43 $
Gas or petrol, 1 L or 0.26 gal 2.22 $ 2.11 $
Taxi, 8 km 24.9 $ 26.3 $

Personal Care

Doctor visit, private clinic 83.2 $ 111 $
Cold medicine, for 1 week 11.6 $ 12.9 $
Hair shampoo, 400 ml or 12 oz 5.34 $ 3.76 $
Toilet paper, 4 rolls 4.78 $ 3.03 $
Toothpaste, 1 tube 3.32 $ 2.61 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
83 $ 144 $
Utility bill - family,
electricity, heating, water & garbage
126 $ 224 $
Internet plan,
+60 Mbps
95.8 $ 30 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,090 $ 928 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,746 $ 1,881 $
1 Bedroom Apartment, in city center, 40 sq.m 1,208 $ 1,387 $
3 Bedroom Apartment, in city center, 85 sq.m 2,019 $ 2,947 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,445 $ 9,597 $
Price per Square Meter to Buy House, in suburbs 4,283 $ 4,901 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,866 $ 2,119 $
Mortgage Interest Rate, for 20 years fixed-rate 5.93 % 3.76 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 56 $ 72.1 $
Cinema, 1 seat 14 $ 11.2 $
Haircut 46.8 $ 20.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 142 $ 108 $
Brand Jeans, Levis 501 125 $ 105 $

Childcare

Preschool, full day, monthly for 1 child 297 $ 836 $
International Primary School, yearly for 1 child 6,208 $ 14,475 $