Cost of living in Grafarvogur
Grafarvogur, a district in Reykjavik, Iceland, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.
This guide provides a detailed breakdown of expenses in Grafarvogur, covering dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.46 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $71.58.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $15.03.
- Domestic Beer (0.5 liter draught) - Domestic beer costs around $10.74.
- Imported Beer (0.33 liter bottle) - Imported beer is priced at approximately $6.08.
- Cappuccino - A regular cappuccino costs about $5.37.
- Coke/Pepsi (0.33 liter bottle) - A bottle of Coke or Pepsi costs $3.58.
- Water (0.33 liter bottle) - A bottle of water is priced at $3.58.
Cost of Living Rankings
The cost of living indices for Iceland are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Iceland, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
"Key Takeaways"
Grafarvogur offers a diverse dining scene with prices reflecting its Icelandic location. Dining out can be relatively expensive, especially for mid-range meals.
The cost of beverages, both alcoholic and non-alcoholic, is also notable, with prices for domestic and imported beers being quite high.
Conclusion
In conclusion, Grafarvogur presents a cost of living that aligns with its status as part of Reykjavik, Iceland's capital region.
While dining and beverage costs are significant, they reflect the quality and variety available in the area. Prospective residents should budget accordingly to enjoy the full range of what Grafarvogur has to offer.