Cost of Living in Sochi vs Akureyri

Cost of living in Sochi is 66% lower than in Akureyri (without rent).

Rent in Sochi is 70% cheaper than in Akureyri.

Cost of living including rent in Sochi is 68% lower than in Akureyri.

Food in Sochi is 67% cheaper than in Akureyri.

Transport in Sochi is 58% cheaper than in Akureyri.

Sochi vs. Akureyri Comparision

Sochi Akureyri
Cost of Living, including rent
731 $
2,300 $
Without Rent
345 $
1,007 $
Rent & Utilities
387 $
1,293 $
Food
235 $
717 $
Transport
35 $
83 $
Monthly Salary, after tax
522 $
3,866 $
Quality of Life
49
63
Population
445.0K
19.9K

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Sochi Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
9.18 $ 22 $
Dinner, for 2 32.1 $ 118 $
Fast food, McDonalds or KFC 4.33 $ 18.4 $
Beer, 0.5 L or 16 fl oz 1.07 $ 9.69 $
Capuccino 1.89 $ 4.12 $
Coke, 330ml 0.89 $ 2.85 $

Markets

Milk, 1 L or 1 qt 0.86 $ 1.73 $
Bread, 0.5 kg or 1 lb 0.52 $ 3.01 $
Rice, 1 kg or 2 lb 1.08 $ 2.21 $
Eggs, 12 pack 1.27 $ 4.59 $
Cheese, 1 kg or 2 lb 8.97 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 3.87 $ 15.5 $
Round Steak, 1 kg or 2 lb 6.19 $ 26 $
Apples, 1 kg or 2 lb 0.93 $ 1.84 $
Banana, 1 kg or 2 lb 1.13 $ 2.81 $
Oranges, 1 kg or 2 lb 1.19 $ 2.64 $
Potatoes, 1 kg or 2 lb 0.47 $ 1.33 $
Onions, 1 kg or 2 lb 0.39 $ 1.59 $
Water, 1 L or 1 qt 0.36 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.18 $ 2.74 $
Wine, 750 mL bottle 5.43 $ 20 $
Beer, 0.5 L or 16 fl oz 0.8 $ 3.28 $
Cigarette pack 2.16 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 0.39 $ 4.33 $
Monthly pass, Monthly Ticket 26.7 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 0.58 $ 2.22 $
Taxi, 8 km 4.01 $ 24.9 $

Personal Care

Doctor visit, private clinic 18.1 $ 83.2 $
Cold medicine, for 1 week 6.45 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 2.65 $ 5.34 $
Toilet paper, 4 rolls 1.04 $ 4.78 $
Toothpaste, 1 tube 0.94 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
46.5 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
71.3 $ 126 $
Internet plan,
+60 Mbps
6.47 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 291 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 768 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 505 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 1,379 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,531 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 2,901 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 522 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 11.03 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 54.4 $ 56 $
Cinema, 1 seat 4.87 $ 14 $
Haircut 4.82 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 84 $ 142 $
Brand Jeans, Levis 501 49.9 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 216 $ 297 $
International Primary School, yearly for 1 child 2,951 $ 6,208 $