Ranked by estimated single-person monthly budget including rent
| # | City | Monthly budget | 1BR outside centre |
|---|---|---|---|
| 1 | Kópavogur Kópavogur | kr146,377 ($1,061) | kr53,227 ($386) |
| 2 | Hafnarfjörður Hafnarfjörður | kr146,377 ($1,061) | kr53,227 ($386) |
| 3 | Keflavík Reykjanesbær | kr146,377 ($1,061) | kr53,227 ($386) |
| 4 | Garðabær Garðabær | kr146,377 ($1,061) | kr53,227 ($386) |
| 5 | Akureyri Akureyri | kr146,377 ($1,061) | kr53,227 ($386) |
| 6 | Selfoss Sveitarfélagið Árborg | kr146,377 ($1,061) | kr53,227 ($386) |
| 7 | Ísafjörður Ísafjarðarbær | kr146,377 ($1,061) | kr53,227 ($386) |
| 8 | Sauðárkrókur Skagafjörður | kr146,377 ($1,061) | kr53,227 ($386) |
| 9 | Egilsstaðir Múlaþing | kr146,377 ($1,061) | kr53,227 ($386) |
| 10 | Höfn Sveitarfélagið Hornafjörður | kr146,377 ($1,061) | kr53,227 ($386) |
| 11 | Borgarnes Borgarbyggð | kr146,377 ($1,061) | kr53,227 ($386) |
| 12 | Reykjavík Reykjavík | kr218,837 ($1,586) | kr84,287 ($611) |