Cost of Living in Bucharest vs Akureyri

Cost of living in Bucharest is 46% lower than in Akureyri (without rent).

Rent in Bucharest is 62% cheaper than in Akureyri.

Cost of living including rent in Bucharest is 55% lower than in Akureyri.

Food in Bucharest is 51% cheaper than in Akureyri.

Transport in Bucharest is 13% cheaper than in Akureyri.

Bucharest vs. Akureyri Comparision

Bucharest Akureyri
Cost of Living, including rent
1,036 $
2,300 $
Without Rent
540 $
1,007 $
Rent & Utilities
496 $
1,293 $
Food
354 $
717 $
Transport
72 $
83 $
Monthly Salary, after tax
1,242 $
3,866 $
Quality of Life
78
63
Population
1.7M
19.9K

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Bucharest Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
10.6 $ 22 $
Dinner, for 2 47 $ 118 $
Fast food, McDonalds or KFC 7.53 $ 18.4 $
Beer, 0.5 L or 16 fl oz 3.06 $ 9.69 $
Capuccino 3.18 $ 4.12 $
Coke, 330ml 2.11 $ 2.85 $

Markets

Milk, 1 L or 1 qt 1.77 $ 1.73 $
Bread, 0.5 kg or 1 lb 1.03 $ 3.01 $
Rice, 1 kg or 2 lb 1.41 $ 2.21 $
Eggs, 12 pack 3.32 $ 4.59 $
Cheese, 1 kg or 2 lb 9.2 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 6.76 $ 15.5 $
Round Steak, 1 kg or 2 lb 11.6 $ 26 $
Apples, 1 kg or 2 lb 1.24 $ 1.84 $
Banana, 1 kg or 2 lb 1.74 $ 2.81 $
Oranges, 1 kg or 2 lb 1.71 $ 2.64 $
Potatoes, 1 kg or 2 lb 1.08 $ 1.33 $
Onions, 1 kg or 2 lb 1.05 $ 1.59 $
Water, 1 L or 1 qt 0.6 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.11 $ 2.74 $
Wine, 750 mL bottle 6.93 $ 20 $
Beer, 0.5 L or 16 fl oz 1.18 $ 3.28 $
Cigarette pack 6.06 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 0.67 $ 4.33 $
Monthly pass, Monthly Ticket 18.6 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 1.64 $ 2.22 $
Taxi, 8 km 5.92 $ 24.9 $

Personal Care

Doctor visit, private clinic 55 $ 83.2 $
Cold medicine, for 1 week 6.85 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 5.36 $ 5.34 $
Toilet paper, 4 rolls 1.78 $ 4.78 $
Toothpaste, 1 tube 3.29 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
99 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
152 $ 126 $
Internet plan,
+60 Mbps
9.34 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 348 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 640 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 545 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 948 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,831 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 1,759 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,242 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 7.21 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 44.3 $ 56 $
Cinema, 1 seat 8.19 $ 14 $
Haircut 11.1 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 87.9 $ 142 $
Brand Jeans, Levis 501 78.8 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 532 $ 297 $
International Primary School, yearly for 1 child 10,286 $ 6,208 $