Cost of Living in Fano vs Akureyri

Cost of living in Fano is 32% lower than in Akureyri (without rent).

Rent in Fano is 57% cheaper than in Akureyri.

Cost of living including rent in Fano is 46% lower than in Akureyri.

Food in Fano is 32% cheaper than in Akureyri.

Transport in Fano is 26% cheaper than in Akureyri.

Fano vs. Akureyri Comparision

Fano Akureyri
Cost of Living, including rent
1,240 $
2,300 $
Without Rent
688 $
1,007 $
Rent & Utilities
552 $
1,293 $
Food
488 $
717 $
Transport
62 $
83 $
Monthly Salary, after tax
2,056 $
3,866 $
Quality of Life
59
63
Population
59.8K
19.9K

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Fano Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
16.7 $ 22 $
Dinner, for 2 56 $ 118 $
Fast food, McDonalds or KFC 11.2 $ 18.4 $
Beer, 0.5 L or 16 fl oz 5.53 $ 9.69 $
Capuccino 1.76 $ 4.12 $
Coke, 330ml 2.8 $ 2.85 $

Markets

Milk, 1 L or 1 qt 1.66 $ 1.73 $
Bread, 0.5 kg or 1 lb 2.16 $ 3.01 $
Rice, 1 kg or 2 lb 2.23 $ 2.21 $
Eggs, 12 pack 3.98 $ 4.59 $
Cheese, 1 kg or 2 lb 12.8 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 11.5 $ 15.5 $
Round Steak, 1 kg or 2 lb 17.9 $ 26 $
Apples, 1 kg or 2 lb 2.39 $ 1.84 $
Banana, 1 kg or 2 lb 2.05 $ 2.81 $
Oranges, 1 kg or 2 lb 2.72 $ 2.64 $
Potatoes, 1 kg or 2 lb 1.88 $ 1.33 $
Onions, 1 kg or 2 lb 1.74 $ 1.59 $
Water, 1 L or 1 qt 0.3 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.27 $ 2.74 $
Wine, 750 mL bottle 5.84 $ 20 $
Beer, 0.5 L or 16 fl oz 1.13 $ 3.28 $
Cigarette pack 6.14 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 1.47 $ 4.33 $
Monthly pass, Monthly Ticket 48.1 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 1.99 $ 2.22 $
Taxi, 8 km 21.2 $ 24.9 $

Personal Care

Doctor visit, private clinic 94.5 $ 83.2 $
Cold medicine, for 1 week 11 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.18 $ 5.34 $
Toilet paper, 4 rolls 2.16 $ 4.78 $
Toothpaste, 1 tube 2.06 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
147 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
225 $ 126 $
Internet plan,
+60 Mbps
31.8 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 357 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 498 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 437 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 730 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,805 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 1,983 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,056 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 2.99 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 59.2 $ 56 $
Cinema, 1 seat 8.37 $ 14 $
Haircut 15.5 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 78.1 $ 142 $
Brand Jeans, Levis 501 79.4 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 661 $ 297 $
International Primary School, yearly for 1 child 18,774 $ 6,208 $