Cost of Living Comparison Between Bakkafjordur and Selfoss Cost of Living Comparison Between Bakkafjordur and Selfoss

🙂 Solo nomad: Bakkafjordur is 62.5% cheaper than Selfoss without rent, and 93% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 53.9% cheaper than Selfoss without rent, and 59.2% cheaper with rent.

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,535

Local Beer (0.5 liter draught)

$11.87 ISK 1,475

Milk (1 liter)

$1.75 ISK 217

White Bread (500g)

$2.26 ISK 280

$7.34 ISK 912

-69.21%

Rice (white) (1kg)

$2.18 ISK 271

$4.34 ISK 539

-49.77%

Eggs

$4.94 ISK 613

$6.39 ISK 794

-22.69%

Local Cheese (1kg)

$8.72 ISK 1,084

$16.74 ISK 2,080

-47.91%

Chicken Fillets (1kg)

$11.03 ISK 1,371

$20.50 ISK 2,547

-46.20%

Beef Round Steak (1kg)

$11.16 ISK 1,387

$32.61 ISK 4,053

-65.78%

Apples (1kg)

$2.26 ISK 281

$2.77 ISK 344

-18.41%

Banana (1kg)

$2.24 ISK 279

$2.61 ISK 325

-14.18%

Oranges (1kg)

$2.18 ISK 271

$2.69 ISK 335

-18.96%

Tomato (1kg)

$2.14 ISK 266

$7.02 ISK 873

-69.52%

Potato (1kg)

$2.24 ISK 279

$3.20 ISK 398

-30.00%

Onion (1kg)

$2.14 ISK 266

$2.03 ISK 253

5.42%

Lettuce (1 head)

$0.99 ISK 123

$3.58 ISK 445

-72.35%

Water (1.5 liter bottle)

$2.02 ISK 250

$1.33 ISK 166

51.88%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,896

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 353.4K

Average Monthly Net Salary (After Tax)

$5,875 ISK 730.1K

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

Last update for Bakkafjordur: March 2, 2026

Last update for Selfoss: March 1, 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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