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

🙂 Solo nomad: Bakkafjordur is 62.9% cheaper than Selfoss without rent, and 93% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 62.2% cheaper than Selfoss without rent, and 58.2% cheaper with rent.

Fast Food Meal (McDonalds, etc)

$19.85 ISK 2,423

Local Beer (0.5 liter draught)

$11.88 ISK 1,450

Milk (1 liter)

$1.67 ISK 204

White Bread (500g)

$2.17 ISK 264

$7.51 ISK 917

-71.11%

Rice (white) (1kg)

$2.25 ISK 274

$4.33 ISK 528

-48.04%

Eggs

$4.92 ISK 601

$6.40 ISK 781

-23.13%

Local Cheese (1kg)

$8.94 ISK 1,091

$17.15 ISK 2,094

-47.87%

Chicken Fillets (1kg)

$11.17 ISK 1,364

$20.51 ISK 2,503

-45.54%

Beef Round Steak (1kg)

$11.11 ISK 1,357

$32.44 ISK 3,960

-65.75%

Apples (1kg)

$2.17 ISK 265

$2.67 ISK 326

-18.73%

Banana (1kg)

$2.14 ISK 261

$2.66 ISK 324

-19.55%

Oranges (1kg)

$2.24 ISK 273

$2.57 ISK 314

-12.84%

Tomato (1kg)

$2.15 ISK 262

$7.08 ISK 864

-69.63%

Potato (1kg)

$2.23 ISK 272

$3.22 ISK 393

-30.75%

Onion (1kg)

$2.16 ISK 264

$2.03 ISK 248

6.40%

Lettuce (1 head)

$1.02 ISK 125

$3.48 ISK 424

-70.69%

Water (1.5 liter bottle)

$2.04 ISK 250

$1.40 ISK 171

45.71%

Cigarettes 20 Pack (Marlboro, Camel)

$15.41 ISK 1,881

Imported Beer (0.33 liter bottle)

$1.10 ISK 135

1-bedroom Apartment, Outside City Center (Monthly)

$2,910 ISK 355.2K

Average Monthly Net Salary (After Tax)

$5,758 ISK 702.9K

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

Last update for Bakkafjordur: April 14, 2026

Last update for Selfoss: April 13, 2026

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

Bakkafjordur vs other spots: cost of living compared

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