Cost of Living in Nikaia vs Hafnarfjorur

Cost of living in Nikaia is 48% lower than in Hafnarfjorur (without rent).

Rent in Nikaia is 62% cheaper than in Hafnarfjorur.

Cost of living including rent in Nikaia is 56% lower than in Hafnarfjorur.

Food in Nikaia is 48% cheaper than in Hafnarfjorur.

Transport in Nikaia is 49% cheaper than in Hafnarfjorur.

Nikaia vs. Hafnarfjorur Comparision

Nikaia Hafnarfjorur
Cost of Living, including rent
1,146 $
2,602 $
Without Rent
558 $
1,073 $
Rent & Utilities
588 $
1,529 $
Food
405 $
778 $
Transport
43 $
83 $
Monthly Salary, after tax
1,037 $
3,862 $
Quality of Life
60
72
Population
88.1K
30.6K

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Nikaia Hafnarfjorur

Restaurants

Lunch menu,
inexpensive restaurant
11.1 $ 22.1 $
Dinner, for 2 55.3 $ 107 $
Fast food, McDonalds or KFC 7.81 $ 18.3 $
Beer, 0.5 L or 16 fl oz 4.42 $ 10.1 $
Capuccino 3.54 $ 5.07 $
Coke, 330ml 1.71 $ 2.74 $

Markets

Milk, 1 L or 1 qt 1.67 $ 1.62 $
Bread, 0.5 kg or 1 lb 1.25 $ 3.61 $
Rice, 1 kg or 2 lb 2.19 $ 3.14 $
Eggs, 12 pack 3.99 $ 5.77 $
Cheese, 1 kg or 2 lb 11.3 $ 15.7 $
Chicken Breast, 1 kg or 2 lb 8.86 $ 18.9 $
Round Steak, 1 kg or 2 lb 14.4 $ 32.5 $
Apples, 1 kg or 2 lb 2.21 $ 2.91 $
Banana, 1 kg or 2 lb 2.24 $ 2.27 $
Oranges, 1 kg or 2 lb 1.66 $ 2.72 $
Potatoes, 1 kg or 2 lb 1.21 $ 3.08 $
Onions, 1 kg or 2 lb 1.22 $ 1.67 $
Water, 1 L or 1 qt 0.64 $ 1.22 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.73 $ 2.75 $
Wine, 750 mL bottle 5.6 $ 21.2 $
Beer, 0.5 L or 16 fl oz 2.05 $ 3.25 $
Cigarette pack 5.13 $ 12 $

Transport

Local transport ticket, One-way Ticket 0.67 $ 4.39 $
Monthly pass, Monthly Ticket 30.3 $ 71.3 $
Gas or petrol, 1 L or 0.26 gal 2.08 $ 2.29 $
Taxi, 8 km 13.4 $ 24.9 $

Personal Care

Doctor visit, private clinic 53.1 $ 84.3 $
Cold medicine, for 1 week 6.1 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 5.23 $ 5.35 $
Toilet paper, 4 rolls 2.94 $ 4.69 $
Toothpaste, 1 tube 2.76 $ 3.31 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
144 $ 44.6 $
Utility bill - family,
electricity, heating, water & garbage
222 $ 68.9 $
Internet plan,
+60 Mbps
33.7 $ 71.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 390 $ 1,371 $
3 Bedroom Apartment, outside of center, 85 sq.m 830 $ 2,238 $
1 Bedroom Apartment, in city center, 40 sq.m 490 $ 1,586 $
3 Bedroom Apartment, in city center, 85 sq.m 1,068 $ 2,434 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,245 $ 5,359 $
Price per Square Meter to Buy House, in suburbs 2,545 $ 4,299 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,037 $ 3,862 $
Mortgage Interest Rate, for 20 years fixed-rate 4.28 % 6.46 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 33.5 $ 66.6 $
Cinema, 1 seat 9.83 $ 15 $
Haircut 12.3 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83 $ 152 $
Brand Jeans, Levis 501 69.3 $ 113 $

Childcare

Preschool, full day, monthly for 1 child 511 $ 255 $
International Primary School, yearly for 1 child 10,024 $ 6,122 $