Patreksfjordur, a charming town in Iceland, offers a unique living experience with its stunning landscapes and serene environment. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.

This guide provides a detailed breakdown of the expenses you can expect, from housing and utilities to dining and leisure activities.

Cost of Living Summary

Sports and Leisure

  • Fitness Club Membership - A monthly membership for an adult at a fitness club averages $103.85.

Housing Costs

  • Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the centre averages $1183.58.

Childcare

  • Preschool (Full Day, Private) - The monthly cost for a full-day private preschool for one child is approximately $221.74.
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

The following pricing data has been gathered from 2 user contributions, as of the most recent update in October, 2023.
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$103.85
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment Outside of Centre
$1,183.58
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$221.74
Patreksfjordur Cost of Living

"Key Takeaways"

Patreksfjordur offers a relatively affordable cost of living compared to larger Icelandic cities, particularly in terms of real estate prices outside the city centre.

Fitness and childcare services are available at moderate prices, making it a family-friendly location.

Conclusion

In conclusion, Patreksfjordur provides a balanced cost of living with affordable housing options and reasonable prices for leisure and childcare services.

This makes it an attractive option for those seeking a peaceful lifestyle amidst Iceland's natural beauty.