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

Fast Food Meal (McDonalds, etc)

$20.61 ISK 2,509

Local Beer (0.5 liter draught)

$12.56 ISK 1,529

Milk (1 liter)

$1.74 ISK 212

White Bread (500g)

$7.58 ISK 922

Rice (white) (1kg)

$4.50 ISK 547

Eggs

$6.43 ISK 783

Local Cheese (1kg)

$17.67 ISK 2,150

Chicken Fillets (1kg)

$21.83 ISK 2,657

Beef Round Steak (1kg)

$33.58 ISK 4,086

Apples (1kg)

$2.88 ISK 350

Banana (1kg)

$2.62 ISK 319

Oranges (1kg)

$2.80 ISK 340

Tomato (1kg)

$7.43 ISK 905

Potato (1kg)

$3.15 ISK 384

Onion (1kg)

$2.13 ISK 259

Lettuce (1 head)

$3.69 ISK 449

Water (1.5 liter bottle)

$1.36 ISK 166

Cigarettes 20 Pack (Marlboro, Camel)

$15.93 ISK 1,939

Imported Beer (0.33 liter bottle)

$1.18 ISK 143

1-bedroom Apartment, Outside City Center (Monthly)

$2,878 ISK 350.3K

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

Last update for Bolungarvik: September 28, 2026

Last update for Selfoss: September 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.