Cost of living in Elgin is 21% lower than in Akureyri (without rent).
Rent in Elgin is 17% more expensive than in Akureyri.
Cost of living including rent in Elgin is very similar to Akureyri.
Food in Elgin is 21% cheaper than in Akureyri.
Transport in Elgin is 21% cheaper than in Akureyri.
| Elgin | Akureyri | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Elgin | Akureyri | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
16.2 $ | 22 $ |
| Dinner, for 2 | 63.6 $ | 118 $ |
| Fast food, McDonalds or KFC | 9.95 $ | 18.4 $ |
| Beer, 0.5 L or 16 fl oz | 4.58 $ | 9.69 $ |
| Capuccino | 4.57 $ | 4.12 $ |
| Coke, 330ml | 2.46 $ | 2.85 $ |
Markets |
Milk, 1 L or 1 qt | 0.85 $ | 1.73 $ |
| Bread, 0.5 kg or 1 lb | 3.36 $ | 3.01 $ |
| Rice, 1 kg or 2 lb | 3.99 $ | 2.21 $ |
| Eggs, 12 pack | 3.04 $ | 4.59 $ |
| Cheese, 1 kg or 2 lb | 12.1 $ | 9.88 $ |
| Chicken Breast, 1 kg or 2 lb | 11.1 $ | 15.5 $ |
| Round Steak, 1 kg or 2 lb | 11.9 $ | 26 $ |
| Apples, 1 kg or 2 lb | 5.14 $ | 1.84 $ |
| Banana, 1 kg or 2 lb | 1.63 $ | 2.81 $ |
| Oranges, 1 kg or 2 lb | 5.28 $ | 2.64 $ |
| Potatoes, 1 kg or 2 lb | 2.14 $ | 1.33 $ |
| Onions, 1 kg or 2 lb | 2.27 $ | 1.59 $ |
| Water, 1 L or 1 qt | 1.04 $ | 1.23 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.77 $ | 2.74 $ |
| Wine, 750 mL bottle | 12.8 $ | 20 $ |
| Beer, 0.5 L or 16 fl oz | 1.98 $ | 3.28 $ |
| Cigarette pack | 8.94 $ | 11.2 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 2.93 $ | 4.33 $ |
| Monthly pass, Monthly Ticket | 83.4 $ | 73.8 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.94 $ | 2.22 $ |
| Taxi, 8 km | 17.3 $ | 24.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 123 $ | 83.2 $ |
| Cold medicine, for 1 week | 11 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 5.82 $ | 5.34 $ |
| Toilet paper, 4 rolls | 3.68 $ | 4.78 $ |
| Toothpaste, 1 tube | 1.88 $ | 3.32 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
109 $ | 83 $ |
| Utility bill - family, electricity, heating, water & garbage |
169 $ | 126 $ |
| Internet plan, +60 Mbps |
69 $ | 95.8 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 1,287 $ | 1,090 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 2,301 $ | 1,746 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,534 $ | 1,208 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 2,694 $ | 2,019 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,564 $ | 4,445 $ |
| Price per Square Meter to Buy House, in suburbs | 2,121 $ | 4,283 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 4,618 $ | 3,866 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.43 % | 5.93 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 46.9 $ | 56 $ |
| Cinema, 1 seat | 11.6 $ | 14 $ |
| Haircut | 26.9 $ | 46.8 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 81.5 $ | 142 $ |
| Brand Jeans, Levis 501 | 48.2 $ | 125 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 1,111 $ | 297 $ |
| International Primary School, yearly for 1 child | 16,117 $ | 6,208 $ |