Garðabær, Garðabær, Iceland · Population 20,116
▼ -16% vs Iceland average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | kr1,397 ($10.13) | per meal |
| Three-course meal for two, mid-range | kr5,589 ($40.50) | per meal |
| Cappuccino | kr419 ($3.04) | each |
| Monthly groceries (single person) | kr31,671 ($230) | per month |
| Monthly public transport pass | kr5,123 ($37.13) | per month |
| Basic utilities for an 85m² apartment | kr13,507 ($97.88) | per month |
| Internet (60 Mbps, unlimited) | kr3,912 ($28.35) | per month |
| Fitness club membership | kr3,912 ($28.35) | per month |
| Cinema ticket | kr1,025 ($7.43) | each |
| One-bedroom apartment in city centre | kr76,514 ($554) | per month |
| One-bedroom apartment outside centre | kr53,227 ($386) | per month |
| Three-bedroom apartment in city centre | kr159,682 ($1,157) | per month |
The estimated average net salary in Garðabær is kr447,120 ($3,240) per month. To live comfortably — covering the full single-person budget of kr146,377 ($1,061) with about 30% left over for savings — you would need a net income of roughly kr190,291 ($1,379) per month.
Housing takes the largest share: rent for a one-bedroom outside the centre (kr53,227 ($386)) represents about 36% of the total single-person budget.
3 km away · Hafnarfjörður
3 km away · Kópavogur
6 km away · Reykjavík
32 km away · Reykjanesbær
48 km away · Sveitarfélagið Árborg
50 km away · Borgarbyggð
213 km away · Skagafjörður
228 km away · Ísafjarðarbær
Garðabær is one of the key cities in Iceland. The estimated monthly cost of living for a single person is kr146,377 ($1,061), placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around kr53,227 ($386) per month.
For families, the estimated budget rises to kr347,286 ($2,517) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately kr264,810 ($1,919) monthly.
The average estimated net salary in Garðabær is kr447,120 ($3,240). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least kr190,291 ($1,379) per month.