Cost of Living in Drangsnes, Iceland

Are you considering a move to Drangsnes, Iceland, and wondering about the cost of living? Drangsnes is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Drangsnes and help you understand whether $1841 per month is moderately priced, given the average monthly salary of $None.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Drangsnes, Iceland
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

21.55 $

Meal for 2 People, Mid-range Restaurant, Three-course

129.27 $

McMeal at McDonalds (or Equivalent Combo Meal)

15.05 $

Domestic Beer (1 pint draught)

7.54 $

Imported Beer (12 oz small bottle)

7.18 $

Cappuccino (regular)

3.56 $

Coke/Pepsi (12 oz small bottle)

2.87 $

Water (12 oz small bottle)

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store

Markets

Price

World Range

Milk (regular), (1 gallon)

1.95 $

Loaf of Fresh White Bread (1 lb)

4.91 $

Rice (white), (1 lb)

4.07 $

Eggs (regular) (12)

6.46 $

Local Cheese (1 lb)

15.89 $

Chicken Fillets (1 lb)

18.89 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

28.73 $

Apples (1 lb)

2.01 $

Banana (1 lb)

2.01 $

Oranges (1 lb)

2.15 $

Tomato (1 lb)

3.3 $

Potato (1 lb)

2.37 $

Onion (1 lb)

1.32 $

Lettuce (1 head)

2.77 $

Water (1.5 liter bottle)

2.65 $

Bottle of Wine (Mid-Range)

14.36 $

Domestic Beer (0.5 liter bottle)

3.39 $

Imported Beer (12 oz small bottle)

2.87 $

Cigarettes 20 Pack (Marlboro)

10.73 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

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Monthly Pass (Regular Price)

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Taxi Start (Normal Tariff)

5.67 $

Taxi 1 mile (Normal Tariff)

2.33 $

Taxi 1hour Waiting (Normal Tariff)

--

Gasoline (1 gallon)

2.15 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

--

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

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mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

40.7 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

--

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

64.64 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

--

Tennis Court Rent (1 Hour on Weekend)

--

Cinema, International Release, 1 Seat

13.29 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

359.09 $

International Primary School, Yearly for 1 Child

--

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

203.49 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

50.27 $

1 Pair of Nike Running Shoes (Mid-Range)

179.55 $

1 Pair of Men Leather Business Shoes

184.33 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

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Apartment (1 bedroom) Outside of Centre

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Apartment (3 bedrooms) in City Centre

--

Apartment (3 bedrooms) Outside of Centre

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home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

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Price per Square Feet to Buy Apartment Outside of Centre

--

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

--

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

5.38 %

Cost of Living in Drangsnes, Iceland

Frequently Asked Questions

What is the monthly cost of living in Drangsnes?

The monthly expenses for living in Drangsnes come to a total of approximately $1841. This includes an average monthly rent of around $0 for a one-bedroom apartment in the city center, along with utilities costing about $73 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1045 per month.

How affordable is living in Drangsnes?

Living in Drangsnes appears to be relatively budget-friendly when considering the average monthly income of $None. However, to enjoy a comfortable standard of living in Drangsnes, you would likely need an income exceeding $None.

What is the average salary in Drangsnes?

In Drangsnes, the average monthly post-tax salary hovers around $None, and it isn't tied to any particular skillset or qualification.

What is the average rent in Drangsnes?

The typical monthly rent for a one-bedroom apartment in the central area of Drangsnes is approximately $0. If you're open to living in a location outside the city center, you can expect to pay around $None for such an apartment.

What is the cost of groceries in Drangsnes?

The expense for groceries in Drangsnes can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $870 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.

What is the cost of living in Iceland?

The cost of living in Iceland can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Iceland.

Comparison Cost of living in other cities in Iceland with Drangsnes

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