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Cost of living in Husavik

Husavik, a charming town in Iceland, is known for its stunning landscapes and rich cultural heritage. Understanding the cost of living here is crucial for anyone considering a move or extended stay.

This guide provides a detailed breakdown of expenses in Husavik, covering essential categories such as housing, dining, transportation, and more.

Cost of Living Summary

Dining and Restaurants
  • Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $36.21 on average.
  • Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $115.86, with prices ranging from $72.41 to $144.82.
  • Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $17.38, with a range between $14.48 and $20.28.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer averages $8.69, imported beer $4.34, cappuccino $4.34, and Coke/Pepsi $1.74.
Grocery Prices
  • MilkMilk is priced between $1.23 and $1.6 per liter, averaging $1.42.
  • Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs $4.71 on average.
  • Eggs (Dozen)A dozen eggs average $6.01.
  • Fruits (e.g., Apples, Bananas)Apples cost $9.12 per kg, while bananas average $6.44 per kg.
  • Vegetables (e.g., Potatoes, Lettuce, Tomatoes)Potatoes average $8.62 per kg, lettuce $6.44 per head, and tomatoes $4.6 per kg.
Transportation
  • Fuel (Gasoline)Gasoline is priced between $1.52 and $2.43 per liter, averaging $2.2.
Housing Costs
  • 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $1158.58.
  • 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent also averages $1158.58.
  • 3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre ranges from $1448.23 to $1593.05, averaging $1520.64.
  • 3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $1303.4 to $1593.05, averaging $1448.23.
  • Buying Price per Square Meter (City Centre)The price per square meter to buy an apartment in the city centre ranges from $1810.28 to $4344.68, averaging $3077.48.
  • Buying Price per Square Meter (Outside Centre)Outside the centre, the price per square meter averages $4199.86.
Utilities
  • Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment average $217.23.
  • InternetInternet services average $72.41.

Cost of Living Data

The following pricing data has been gathered from 4 user contributions, as of the most recent update in September, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$36.21
Meal for 2 People, Mid-range Restaurant, Three-course
$115.86
McMeal at McDonalds (or Equivalent Combo Meal)
$17.38
Domestic Beer (0.5 liter draught)
$8.69
Imported Beer (0.33 liter bottle)
$4.34
Coke/Pepsi (0.33 liter bottle)
$1.74
Cappuccino (regular)
$4.34
Markets
Avg / Range
Milk (regular), (1 liter)
$1.42
Loaf of Fresh White Bread (500g)
$4.71
Eggs (regular) (12)
$6.01
Local Cheese (1kg)
$6.88
Bottle of Wine (Mid-Range)
$27.52
Domestic Beer (0.5 liter bottle)
$3.08
Imported Beer (0.33 liter bottle)
$4.92
Cigarettes 20 Pack (Marlboro)
$9.41
Chicken Fillets (1kg)
$15.93
Apples (1kg)
$9.12
Potato (1kg)
$8.62
Lettuce (1 head)
$6.44
Tomato (1kg)
$4.60
Banana (1kg)
$6.44
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$44.90
Transportation
Avg / Range
Gasoline (1 liter)
$2.20
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$1,158.58
Apartment (1 bedroom) Outside of Centre
$1,158.58
Apartment (3 bedrooms) in City Centre
$1,520.64
Apartment (3 bedrooms) Outside of Centre
$1,448.23
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$217.23
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$72.41
Sports And Leisure
Avg / Range
Cinema, International Release, 1 Seat
$10.14
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$144.82
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$115.86
1 Pair of Nike Running Shoes (Mid-Range)
$181.03
1 Pair of Men Leather Business Shoes
$282.40
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment in City Centre
$3,077.48
Price per Square Meter to Buy Apartment Outside of Centre
$4,199.86
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$3,193.50
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6.55%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$267.92
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: Oct, 2025
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