Hellissandur, a charming village in Iceland, offers a unique lifestyle with its picturesque landscapes and serene environment. Understanding the cost of living here is crucial for anyone considering a move or extended stay.

This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20.93 on average, with a range between $14.41 and $35.48.
  • Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $123.1, with prices ranging from $72.41 to $217.23.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $18.1, with a range between $16.65 and $21.72.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $7.24 to $13.76, imported beer $7.97 to $13.4, cappuccino $3.62 to $6.88, and Coke/Pepsi $2.17 to $3.98.

Grocery Prices

  • Milk - Milk is priced between $1.49 and $2.32 per liter, averaging $1.69.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.31 and $7.24, with an average price of $3.63.
  • Eggs (Dozen) - A dozen eggs range from $4.34 to $6.95, averaging $5.84.
  • Fruits (e.g., Apples, Oranges) - Apples cost $1.45 to $4.99 per kg, while oranges range from $1.96 to $5.43 per kg.
  • Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.8 and $4.06 per kg, and lettuce costs $1.63 to $4.66 per head.

Transportation

  • Fuel (Gasoline) - Gasoline is priced between $2.1 and $2.36 per liter.
  • Taxi Fares - Taxi fares start at $5.29, with a cost of $2.17 to $4.35 per km and $67.78 to $86.89 per hour of waiting.

Housing Costs

  • Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is not specified in the data provided.
  • Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the centre is not specified in the data provided.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $49.96 and $181.03, averaging $71.98.
  • Internet - Internet services range from $47.07 to $101.38, with an average cost of $68.36.
Worldwide
Iceland

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.

Highest to LowestUpdated: Feb, 2025

Cost of Living Data

We don't have enough data available for this city...
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$20.93
Meal for 2 People, Mid-range Restaurant, Three-course
$123.10
McMeal at McDonalds (or Equivalent Combo Meal)
$18.10
Domestic Beer (0.5 liter draught)
$10.86
Imported Beer (0.33 liter bottle)
$9.41
Coke/Pepsi (0.33 liter bottle)
$3.11
Water (0.33 liter bottle)
$2.19
Cappuccino (regular)
$5.35
Markets
Avg / Range
Milk (regular), (1 liter)
$1.69
Loaf of Fresh White Bread (500g)
$3.63
Eggs (regular) (12)
$5.84
Local Cheese (1kg)
$15.68
Water (1.5 liter bottle)
$2.08
Bottle of Wine (Mid-Range)
$21.72
Domestic Beer (0.5 liter bottle)
$3.21
Imported Beer (0.33 liter bottle)
$2.72
Cigarettes 20 Pack (Marlboro)
$12.16
Chicken Fillets (1kg)
$20.53
Apples (1kg)
$3.02
Oranges (1kg)
$2.80
Potato (1kg)
$3.22
Lettuce (1 head)
$3.06
Rice (white), (1kg)
$3.08
Tomato (1kg)
$4.94
Banana (1kg)
$2.23
Onion (1kg)
$2.12
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$35.35
Transportation
Avg / Range
Gasoline (1 liter)
$2.25
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$42,650.25
Taxi Start (Normal Tariff)
$5.61
Taxi 1km (Normal Tariff)
$2.62
Taxi 1hour Waiting (Normal Tariff)
$76.90
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$45,871.65
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$71.98
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$68.36
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$25.03
Sports And Leisure
Avg / Range
Cinema, International Release, 1 Seat
$14.83
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$111.25
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$53.35
1 Pair of Nike Running Shoes (Mid-Range)
$154.96
1 Pair of Men Leather Business Shoes
$195.07
Salaries And Financing
Avg / Range
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
8.73%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$254.01
International Primary School, Yearly for 1 Child
$5,620.93
Hellissandur Cost of Living

"Key Takeaways"

Hellissandur offers a relatively high cost of living, particularly in dining and transportation. However, utility costs are moderate compared to other expenses.

Grocery prices are varied, with some items like bread and eggs being more expensive than others. Transportation costs, especially for gasoline, are notably high.

Prospective residents should budget carefully, especially for dining and transportation, to manage expenses effectively.

Conclusion

In conclusion, Hellissandur presents a unique living experience with its beautiful landscapes and tranquil environment. However, the cost of living is on the higher side, especially for dining and transportation.

Potential residents should consider these factors when planning their move to ensure a comfortable and financially sustainable lifestyle in this picturesque Icelandic village.