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

🙂 Solo nomad: Bakkafjordur is 57.9% cheaper than Selfoss without rent, and 93% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 57.3% cheaper than Selfoss without rent, and 58.7% cheaper with rent.

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

Milk (1 liter)

$1.75 ISK 220

White Bread (500g)

$2.25 ISK 283

$7.22 ISK 909

-68.84%

Rice (white) (1kg)

$2.16 ISK 272

$4.53 ISK 571

-52.32%

Eggs

$4.84 ISK 610

$6.42 ISK 809

-24.61%

Local Cheese (1kg)

$8.77 ISK 1,105

$16.70 ISK 2,103

-47.49%

Chicken Fillets (1kg)

$10.81 ISK 1,362

$20.67 ISK 2,603

-47.70%

Beef Round Steak (1kg)

$11.08 ISK 1,395

$33.43 ISK 4,212

-66.86%

Apples (1kg)

$2.25 ISK 283

$2.64 ISK 332

-14.77%

Banana (1kg)

$2.25 ISK 284

$2.55 ISK 321

-11.76%

Oranges (1kg)

$2.24 ISK 283

$2.60 ISK 327

-13.85%

Tomato (1kg)

$2.16 ISK 272

$7.10 ISK 894

-69.58%

Potato (1kg)

$2.16 ISK 272

$3.11 ISK 392

-30.55%

Onion (1kg)

$2.23 ISK 281

$2.11 ISK 265

5.69%

Lettuce (1 head)

$0.99 ISK 125

$3.56 ISK 448

-72.19%

Water (1.5 liter bottle)

$1.99 ISK 251

$1.38 ISK 173

44.20%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.9K

Average Monthly Net Salary (After Tax)

$5,889 ISK 741.8K

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

Last update for Bakkafjordur: January 13, 2026

Last update for Selfoss: January 13, 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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