Cost of Living Comparison Between Bolungarvik and Selfoss Cost of Living Comparison Between Bolungarvik and Selfoss

Fast Food Meal (McDonalds, etc)

$19.63 ISK 2,444

Local Beer (0.5 liter draught)

$12.26 ISK 1,527

Milk (1 liter)

$1.75 ISK 218

White Bread (500g)

$7.42 ISK 924

Rice (white) (1kg)

$4.32 ISK 538

Eggs

$6.22 ISK 774

Local Cheese (1kg)

$16.97 ISK 2,113

Chicken Fillets (1kg)

$21.17 ISK 2,635

Beef Round Steak (1kg)

$33.10 ISK 4,121

Apples (1kg)

$2.76 ISK 344

Banana (1kg)

$2.59 ISK 322

Oranges (1kg)

$2.57 ISK 320

Tomato (1kg)

$7.15 ISK 891

Potato (1kg)

$3.14 ISK 391

Onion (1kg)

$2.07 ISK 257

Lettuce (1 head)

$3.59 ISK 447

Water (1.5 liter bottle)

$1.34 ISK 167

Cigarettes 20 Pack (Marlboro, Camel)

$15.37 ISK 1,914

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

1-bedroom Apartment, Outside City Center (Monthly)

$2,884 ISK 359.0K

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

Last update for Bolungarvik: June 8, 2026

Last update for Selfoss: June 8, 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

Bolungarvik vs Selfoss: Cost of Living - Frequently Asked Questions

Families tend to lean toward Bolungarvik – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bolungarvik. If higher salaries, better infrastructure, or specific career opportunities are the priority, Selfoss makes more sense. Both are solid long-term options with distinct trade-offs.