Last update: Oct 2026

Cost of Living Comparison Between Akranes and Da Nang

For one person, living is cheaper in Da Nang: $889 a month against $3,713 in Akranes, rent and utilities included – about $33,900 less a year. Rent and utilities account for about half of the difference.

179

Cost of Living Index in Akranes
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Akranes Living Index
42

Cost of Living Index in Da Nang
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Da Nang Living Index

Jump to prices

Akranes

🇮🇸 Iceland

$3,713

/mo nomad

Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Monthly Cost of Living

How much you'll spend in Akranes and in Da Nang

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Akranes and in Da Nang actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,713 in Akranes versus $889 in Da Nang.

Akranes $3,713
Da Nang $889

Estimated couple costs with rent: $5,859 in Akranes versus $1,426 in Da Nang.

Akranes $5,859
Da Nang $1,426

Monthly costs for a family of three with rent: $8,006 in Akranes versus $1,963 in Da Nang.

Akranes $8,006
Da Nang $1,963

Living in Akranes is roughly 318% more expensive than in Da Nang, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Akranes is 173% above, Da Nang is 35% below.

Meal at Budget Restaurant

$31.70 ISK 3,848

$2.17 ₫56.0K

1360.83%

Three-Course Dinner for Two, Mid-Range

$123 ISK 15.0K

$19.53 ₫504.0K

531.54%

Fast Food Meal (McDonalds, etc)

$26.72 ISK 3,243

$4.53 ₫117.0K

489.85%

Cappuccino

$6.01 ISK 730

$1.64 ₫42.4K

266.46%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.19 ISK 388

$0.60 ₫15.6K

431.67%

Water (0.33 liter bottle)

$2.51 ISK 304

$0.34 ₫8,901

638.24%

Local Beer (0.5 liter draught)

$10.69 ISK 1,298

$1.33 ₫34.4K

703.76%

Imported Beer (0.33 liter bottle)

$8.10 ISK 984

$2.36 ₫61.0K

243.22%

Milk (1 liter)

$2.10 ISK 255

$1.60 ₫41.2K

31.25%

White Bread (500g)

$2.04 ISK 248

$1.20 ₫31.0K

70.00%

Rice (white) (1kg)

$3.71 ISK 451

$1.05 ₫27.1K

253.33%

Eggs

$6.26 ISK 760

$1.52 ₫39.3K

311.84%

Local Cheese (1kg)

$20.35 ISK 2,470

$12.82 ₫330.7K

58.74%

Chicken Fillets (1kg)

$24.72 ISK 3,001

$4.17 ₫107.5K

492.81%

Beef Round Steak (1kg)

$42.16 ISK 5,119

$9.33 ₫240.6K

351.88%

Apples (1kg)

$3.30 ISK 400

$2.60 ₫67.2K

26.92%

Banana (1kg)

$2.72 ISK 330

$1.21 ₫31.3K

124.79%

Oranges (1kg)

$3.23 ISK 392

$1.28 ₫33.1K

152.34%

Tomato (1kg)

$4.89 ISK 593

$1.57 ₫40.5K

211.46%

Potato (1kg)

$3.82 ISK 463

$1.20 ₫31.0K

218.33%

Onion (1kg)

$1.71 ISK 207

$1.31 ₫33.9K

30.53%

Lettuce (1 head)

$3.65 ISK 443

$1.04 ₫26.9K

250.96%

Water (1.5 liter bottle)

$1.81 ISK 220

$0.49 ₫12.7K

269.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.90 ISK 1,687

$1.51 ₫39.0K

820.53%

Wine (Bottle)

$23.57 ISK 2,862

$7.97 ₫205.6K

195.73%

Local Beer (0.5 liter bottle)

$2.88 ISK 350

$0.93 ₫24.0K

209.68%

Imported Beer (0.33 liter bottle)

$2.07 ISK 251

$2.18 ₫56.3K

-5.05%

One-way Ticket (Public Transport)

$3.61 ISK 439

$0.30 ₫7,693

1103.33%

Public Transport Monthly Pass (Regular Price)

$72.3 ISK 8,778

$6.31 ₫162.7K

1045.80%

Taxi Start (Normal Tariff)

$6.55 ISK 795

$1.04 ₫26.8K

529.81%

Taxi (Normal Tariff) (1km)

$1.25 ISK 152

$0.57 ₫14.6K

119.30%

Taxi 1hour Waiting (Normal Tariff)

$81.9 ISK 9,944

$19.27 ₫497.1K

325.06%

Gasoline (1 liter)

$2.08 ISK 252

$0.91 ₫23.4K

128.57%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$67.8K ISK 8.2M

$30.8K ₫795.4M

120.02%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$54.6K ISK 6.6M

$28.4K ₫732.2M

92.25%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$96.4 ISK 11.7K

$78.5 ₫2.0M

22.70%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$33.29 ISK 4,041

$6.35 ₫163.9K

424.25%

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

$8.33 ₫214.9K

920.89%

Gym Membership (Monthly)

$104 ISK 12.6K

$27.08 ₫698.6K

284.68%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$19.29 ISK 2,342

$3.37 ₫86.8K

472.40%

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

$1,205 ISK 146.3K

$423 ₫10.9M

184.87%

International Primary School, 1 Child (Yearly)

$26.1K ISK 3.2M

$15.1K ₫389.5M

72.62%

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

$45.19 ₫1.2M

231.16%

Summer Dress (H&M, Zara, etc)

$67.1 ISK 8,147

$27.75 ₫716.1K

141.84%

Sport Shoes (Adidas, Nike)

$179 ISK 21.7K

$101 ₫2.6M

77.92%

Men's Leather Business Shoes

$246 ISK 29.8K

$82.8 ₫2.1M

196.90%

1-bedroom Apartment, City Center (Monthly)

$3,064 ISK 372.0K

$553 ₫14.3M

453.76%

1-bedroom Apartment, Outside City Center (Monthly)

$1,889 ISK 229.3K

$369 ₫9.5M

411.79%

3-bedroom Apartment, City Center (Monthly)

$5,013 ISK 608.6K

$1,228 ₫31.7M

308.34%

3-bedroom Apartment, Outside City Center (Monthly)

$3,654 ISK 443.6K

$821 ₫21.2M

345.10%

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

Average Monthly Net Salary (After Tax)

$5,704 ISK 692.5K

$362 ₫9.4M

1473.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.72

-17.82%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Akranes: October 27, 2026

Last update for Da Nang: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Akranes

$1.9K 50.9%

Da Nang

$369 41.5% 80.5% $1.5K

Groceries & Markets

Akranes

$579 15.6%

Da Nang

$200 22.5% 65.5% $379

Eating Out

Akranes

$498 13.4%

Da Nang

$66 7.4% 86.8% $432

Clothing & Footwear

Akranes

$289 7.8%

Da Nang

$115 13% 60% $173

Monthly Utilities & Internet

Akranes

$215 5.8%

Da Nang

$93 10.5% 56.6% $121

Sport & Entertainment

Akranes

$143 3.9%

Da Nang

$34 3.8% 76.3% $109

Getting Around

Akranes

$100 2.7%

Da Nang

$11 1.3% 88.6% $88

Cost Breakdown

A one-bedroom apartment in the center runs $3,064 in Akranes and $553 in Da Nang. Housing cost is often the main lever when comparing two cities.

Akranes pays about 16 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $123 in Akranes vs $20 in Da Nang for a mid-range dinner for two. Groceries echo the gap at $579 vs $200 per month, with Da Nang cheaper across the board.

Good to know

🇮🇸 Akranes

🇻🇳 Da Nang

🕒 Local time

22:06 10:06 PM

05:06 5:06 AM

7 h ahead of Akranes

🌤 Weather

👥 Population

7,800

1,245,200

💱 Currency

Icelandic Króna ISK kr

Vietnamese Dong VND ₫

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

100,000 VND = 3.88 USD

100,000 VND = 3.47 EUR

Exchange rates and currency converter

VND, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 1, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.38 EUR).

Vietnamese Dong exchange rates as of November 1, 2026: 1 USD = 25,802 VND (100,000 VND = 3.88 USD). 1 EUR = 28,810 VND (100,000 VND = 3.47 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Akranes Da Nang 10,130 km ≈ 13 h nonstop flight

From you

Akranes
Da Nang

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Akranes vs Da Nang: Cost of Living - Frequently Asked Questions

Da Nang wins on cost – living expenses run 76% lower than in Akranes. Housing and daily spending are where you’ll feel the difference most, making Da Nang the obvious pick if budget is a priority.

Average pay in Akranes is about 16 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $3,064 in Akranes versus $553 in Da Nang. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $3,713 per month in Akranes versus $889 in Da Nang – Da Nang is about 76% cheaper, which adds up to real savings over time.

A monthly transit pass in Da Nang runs roughly 91% less than in Akranes. The price difference matters if you commute daily and watch your budget.

At $889 in Da Nang versus $3,713 in Akranes, a $1,200 budget is realistic in Da Nang but tight or insufficient in Akranes. The gap between the two cities makes Da Nang the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Akranes and Da Nang are both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Da Nang gentler on the wallet – expenses run 76% less than in Akranes. Beyond cost, consider language, visa policies, and how big the international community is in each city.