Cost of living in Martin is 49% lower than in Akureyri (without rent).
Rent in Martin is 55% cheaper than in Akureyri.
Cost of living including rent in Martin is 53% lower than in Akureyri.
Food in Martin is 49% cheaper than in Akureyri.
Transport in Martin is 53% cheaper than in Akureyri.
| Martin | Akureyri | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Martin | Akureyri | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
8.72 $ | 22 $ |
| Dinner, for 2 | 43.9 $ | 118 $ |
| Fast food, McDonalds or KFC | 7.81 $ | 18.4 $ |
| Beer, 0.5 L or 16 fl oz | 2.17 $ | 9.69 $ |
| Capuccino | 2.72 $ | 4.12 $ |
| Coke, 330ml | 1.66 $ | 2.85 $ |
Markets |
Milk, 1 L or 1 qt | 1.07 $ | 1.73 $ |
| Bread, 0.5 kg or 1 lb | 1.5 $ | 3.01 $ |
| Rice, 1 kg or 2 lb | 1.96 $ | 2.21 $ |
| Eggs, 12 pack | 3.63 $ | 4.59 $ |
| Cheese, 1 kg or 2 lb | 15.9 $ | 9.88 $ |
| Chicken Breast, 1 kg or 2 lb | 7.7 $ | 15.5 $ |
| Round Steak, 1 kg or 2 lb | 12.5 $ | 26 $ |
| Apples, 1 kg or 2 lb | 1.57 $ | 1.84 $ |
| Banana, 1 kg or 2 lb | 1.85 $ | 2.81 $ |
| Oranges, 1 kg or 2 lb | 2.41 $ | 2.64 $ |
| Potatoes, 1 kg or 2 lb | 1.66 $ | 1.33 $ |
| Onions, 1 kg or 2 lb | 1.82 $ | 1.59 $ |
| Water, 1 L or 1 qt | 0.55 $ | 1.23 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 1.6 $ | 2.74 $ |
| Wine, 750 mL bottle | 4.72 $ | 20 $ |
| Beer, 0.5 L or 16 fl oz | 0.99 $ | 3.28 $ |
| Cigarette pack | 5.72 $ | 11.2 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.1 $ | 4.33 $ |
| Monthly pass, Monthly Ticket | 27.3 $ | 73.8 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.72 $ | 2.22 $ |
| Taxi, 8 km | 12.6 $ | 24.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 36 $ | 83.2 $ |
| Cold medicine, for 1 week | 8.05 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 3.57 $ | 5.34 $ |
| Toilet paper, 4 rolls | 1.48 $ | 4.78 $ |
| Toothpaste, 1 tube | 2.29 $ | 3.32 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
147 $ | 83 $ |
| Utility bill - family, electricity, heating, water & garbage |
228 $ | 126 $ |
| Internet plan, +60 Mbps |
18.7 $ | 95.8 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 405 $ | 1,090 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 665 $ | 1,746 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 445 $ | 1,208 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 745 $ | 2,019 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,265 $ | 4,445 $ |
| Price per Square Meter to Buy House, in suburbs | 1,698 $ | 4,283 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 1,482 $ | 3,866 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 4.37 % | 5.93 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 35.8 $ | 56 $ |
| Cinema, 1 seat | 8.8 $ | 14 $ |
| Haircut | 14.2 $ | 46.8 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 83.8 $ | 142 $ |
| Brand Jeans, Levis 501 | 69.6 $ | 125 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 338 $ | 297 $ |
| International Primary School, yearly for 1 child | 3,821 $ | 6,208 $ |