Cost of Living Comparison Between Bakkafjordur and Phuket Cost of Living Comparison Between Bakkafjordur and Phuket

🙂 Solo nomad: Bakkafjordur is 63.1% cheaper than Phuket without rent, and 80.6% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 65.8% cheaper than Phuket without rent, and 82.3% cheaper with rent.

Meal at Budget Restaurant

$4.65 ฿147

Three-Course Dinner for Two, Mid-Range

$46.11 ฿1,454

Fast Food Meal (McDonalds, etc)

$8.74 ฿276

Cappuccino

$3.04 ฿95.8

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

$0.72 ฿22.72

Water (0.33 liter bottle)

$0.39 ฿12.34

Local Beer (0.5 liter draught)

$2.44 ฿77.0

Imported Beer (0.33 liter bottle)

$3.79 ฿120

Milk (1 liter)

$2.14 ฿67.7

White Bread (500g)

$2.26 ISK 280

$1.86 ฿58.7

21.51%

Rice (white) (1kg)

$2.18 ISK 271

$2.19 ฿69.0

-0.46%

Eggs

$4.94 ISK 613

$2.25 ฿70.8

119.56%

Local Cheese (1kg)

$8.72 ISK 1,084

$19.73 ฿622

-55.80%

Chicken Fillets (1kg)

$11.03 ISK 1,371

$3.79 ฿119

191.03%

Beef Round Steak (1kg)

$11.16 ISK 1,387

$13.55 ฿427

-17.64%

Apples (1kg)

$2.26 ISK 281

$3.25 ฿102

-30.46%

Banana (1kg)

$2.24 ISK 279

$1.67 ฿52.7

34.13%

Oranges (1kg)

$2.18 ISK 271

$2.39 ฿75.5

-8.79%

Tomato (1kg)

$2.14 ISK 266

$2.09 ฿66.0

2.39%

Potato (1kg)

$2.24 ISK 279

$1.53 ฿48.22

46.41%

Onion (1kg)

$2.14 ISK 266

$1.51 ฿47.62

41.72%

Lettuce (1 head)

$0.99 ISK 123

$0.99 ฿31.19

Water (1.5 liter bottle)

$2.02 ISK 250

$0.51 ฿16.24

296.08%

Cigarettes 20 Pack (Marlboro, Camel)

$4.27 ฿135

Wine (Bottle)

$20.31 ฿640

Local Beer (0.5 liter bottle)

$1.79 ฿56.5

Imported Beer (0.33 liter bottle)

$2.77 ฿87.3

One-way Ticket (Public Transport)

$1.40 ฿44.29

Public Transport Monthly Pass (Regular Price)

$11.70 ฿369

Taxi Start (Normal Tariff)

$3.11 ฿98.1

Taxi (Normal Tariff) (1km)

$0.99 ฿31.37

Taxi 1hour Waiting (Normal Tariff)

$13.73 ฿433

Gasoline (1 liter)

$1.32 ฿41.60

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

$27.2K ฿859.0K

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

$34.1K ฿1.1M

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

$120 ฿3,797

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

$13.93 ฿439

Internet (50+ Mbps, Unlimited Data)

$18.31 ฿577

Gym Membership (Monthly)

$60.9 ฿1,922

Tennis Court (1 Hour on Weekend)

$17.23 ฿544

Cinema Ticket

$8.71 ฿275

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

$698 ฿22.0K

International Primary School, 1 Child (Yearly)

$15.7K ฿496.2K

Jeans (Levis 501 Or Similar)

$57.6 ฿1,818

Summer Dress (H&M, Zara, etc)

$34.24 ฿1,080

Sport Shoes (Adidas, Nike)

$113 ฿3,569

Men's Leather Business Shoes

$84.8 ฿2,675

1-bedroom Apartment, City Center (Monthly)

$604 ฿19.0K

1-bedroom Apartment, Outside City Center (Monthly)

$436 ฿13.8K

3-bedroom Apartment, City Center (Monthly)

$2,057 ฿64.9K

3-bedroom Apartment, Outside City Center (Monthly)

$1,498 ฿47.3K

Buy Apartment in City Center (m2)

$4,252 ฿134.1K

Buy Apartment Outside City Center (m2)

$2,988 ฿94.2K

Average Monthly Net Salary (After Tax)

$5,875 ISK 730.1K

$529 ฿16.7K

1010.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.33

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

Last update for Bakkafjordur: March 2, 2026

Last update for Phuket: February 28, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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

Digital Nomad Cost of Living Index

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