Cost of Living in Bihac vs Akureyri

Cost of living in Bihac is 65% lower than in Akureyri (without rent).

Rent in Bihac is 79% cheaper than in Akureyri.

Cost of living including rent in Bihac is 73% lower than in Akureyri.

Food in Bihac is 65% cheaper than in Akureyri.

Transport in Bihac is 56% cheaper than in Akureyri.

Bihac vs. Akureyri Comparision

Bihac Akureyri
Cost of Living, including rent
618 $
2,300 $
Without Rent
352 $
1,007 $
Rent & Utilities
267 $
1,293 $
Food
254 $
717 $
Transport
36 $
83 $
Monthly Salary, after tax
768 $
3,866 $
Quality of Life
35
63
Population
56.3K
19.9K

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Bihac Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
5.53 $ 22 $
Dinner, for 2 22.7 $ 118 $
Fast food, McDonalds or KFC 4.04 $ 18.4 $
Beer, 0.5 L or 16 fl oz 1.38 $ 9.69 $
Capuccino 1.1 $ 4.12 $
Coke, 330ml 1.15 $ 2.85 $

Markets

Milk, 1 L or 1 qt 1.14 $ 1.73 $
Bread, 0.5 kg or 1 lb 0.9 $ 3.01 $
Rice, 1 kg or 2 lb 1.72 $ 2.21 $
Eggs, 12 pack 2.52 $ 4.59 $
Cheese, 1 kg or 2 lb 8.49 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 6.3 $ 15.5 $
Round Steak, 1 kg or 2 lb 11.1 $ 26 $
Apples, 1 kg or 2 lb 1.45 $ 1.84 $
Banana, 1 kg or 2 lb 1.61 $ 2.81 $
Oranges, 1 kg or 2 lb 2.28 $ 2.64 $
Potatoes, 1 kg or 2 lb 1.06 $ 1.33 $
Onions, 1 kg or 2 lb 1.42 $ 1.59 $
Water, 1 L or 1 qt 0.58 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.34 $ 2.74 $
Wine, 750 mL bottle 7.43 $ 20 $
Beer, 0.5 L or 16 fl oz 1.02 $ 3.28 $
Cigarette pack 3.27 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 1.97 $ 4.33 $
Monthly pass, Monthly Ticket 29.3 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 1.37 $ 2.22 $
Taxi, 8 km 10.2 $ 24.9 $

Personal Care

Doctor visit, private clinic 17 $ 83.2 $
Cold medicine, for 1 week 4.24 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 2.63 $ 5.34 $
Toilet paper, 4 rolls 1.39 $ 4.78 $
Toothpaste, 1 tube 1.58 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
97.1 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
149 $ 126 $
Internet plan,
+60 Mbps
18.3 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 144 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 230 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 179 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 273 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,429 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 1,275 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 768 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 3.61 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 23.8 $ 56 $
Cinema, 1 seat 4.97 $ 14 $
Haircut 2.41 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 84.2 $ 142 $
Brand Jeans, Levis 501 36.1 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 129 $ 297 $
International Primary School, yearly for 1 child 2,830 $ 6,208 $