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

Fast Food Meal (McDonalds, etc)

$20.26 ISK 2,481

Local Beer (0.5 liter draught)

$12.03 ISK 1,473

Milk (1 liter)

$1.74 ISK 214

White Bread (500g)

$7.26 ISK 889

Rice (white) (1kg)

$4.53 ISK 555

Eggs

$6.29 ISK 770

Local Cheese (1kg)

$16.50 ISK 2,021

Chicken Fillets (1kg)

$20.92 ISK 2,562

Beef Round Steak (1kg)

$33.41 ISK 4,092

Apples (1kg)

$2.70 ISK 331

Banana (1kg)

$2.62 ISK 321

Oranges (1kg)

$2.57 ISK 314

Tomato (1kg)

$7.17 ISK 878

Potato (1kg)

$3.19 ISK 391

Onion (1kg)

$2.05 ISK 251

Lettuce (1 head)

$3.52 ISK 431

Water (1.5 liter bottle)

$1.38 ISK 169

Cigarettes 20 Pack (Marlboro, Camel)

$14.96 ISK 1,833

Imported Beer (0.33 liter bottle)

$1.15 ISK 140

1-bedroom Apartment, Outside City Center (Monthly)

$2,864 ISK 350.8K

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

Last update for Bolungarvik: April 27, 2026

Last update for Selfoss: April 28, 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.