Cost of Living Comparison Between Chiang Mai and Grundarfjordur Cost of Living Comparison Between Chiang Mai and Grundarfjordur

🙂 Solo nomad: Chiang Mai is 65.3% cheaper than Grundarfjordur without rent, and 45.5% cheaper with rent.

🙂 Family of 3: Chiang Mai is 68.8% cheaper than Grundarfjordur without rent, and 54.2% cheaper with rent.

Meal at Budget Restaurant

$1.97 ฿62.0

$26.40 ISK 3,325

-92.54%

Three-Course Dinner for Two, Mid-Range

$18.68 ฿587

$146 ISK 18.4K

-87.21%

Fast Food Meal (McDonalds, etc)

$7.92 ฿249

$22.44 ISK 2,826

-64.71%

Cappuccino

$2.02 ฿63.7

$6.22 ISK 784

-67.52%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.84 ฿26.45

$3.26 ISK 410

-74.23%

Water (0.33 liter bottle)

$0.35 ฿11.07

$2.61 ISK 329

-86.59%

Local Beer (0.5 liter draught)

$2.22 ฿69.9

$13.02 ISK 1,640

-82.95%

Imported Beer (0.33 liter bottle)

$3.59 ฿113

$11.37 ISK 1,432

-68.43%

Milk (1 liter)

$1.67 ฿52.4

$1.88 ISK 237

-11.17%

White Bread (500g)

$1.62 ฿51.1

$4.28 ISK 540

-62.15%

Rice (white) (1kg)

$1.20 ฿37.83

$3.59 ISK 452

-66.57%

Eggs

$1.93 ฿60.8

$6.36 ISK 801

-69.65%

Local Cheese (1kg)

$16.00 ฿503

$18.19 ISK 2,292

-12.04%

Chicken Fillets (1kg)

$3.16 ฿99.2

$23.73 ISK 2,990

-86.68%

Beef Round Steak (1kg)

$10.93 ฿344

$42.57 ISK 5,362

-74.32%

Apples (1kg)

$2.67 ฿83.8

$3.31 ISK 417

-19.34%

Banana (1kg)

$1.18 ฿36.99

$2.49 ISK 313

-52.61%

Oranges (1kg)

$1.64 ฿51.5

$3.03 ISK 381

-45.87%

Tomato (1kg)

$1.59 ฿49.83

$4.88 ISK 614

-67.42%

Potato (1kg)

$1.32 ฿41.64

$3.66 ISK 460

-63.93%

Onion (1kg)

$1.19 ฿37.49

$2.32 ISK 293

-48.71%

Lettuce (1 head)

$0.71 ฿22.20

$3.14 ISK 395

-77.39%

Water (1.5 liter bottle)

$0.56 ฿17.75

$1.99 ISK 251

-71.86%

Cigarettes 20 Pack (Marlboro, Camel)

$4.64 ฿146

$13.82 ISK 1,741

-66.43%

Wine (Bottle)

$18.96 ฿596

$24.19 ISK 3,047

-21.62%

Local Beer (0.5 liter bottle)

$1.77 ฿55.7

$3.73 ISK 470

-52.55%

Imported Beer (0.33 liter bottle)

$3.20 ฿101

$3.36 ISK 423

-4.76%

One-way Ticket (Public Transport)

$0.90 ฿28.32

Public Transport Monthly Pass (Regular Price)

$19.24 ฿605

Taxi Start (Normal Tariff)

$1.36 ฿42.78

$6.50 ISK 819

-79.08%

Taxi (Normal Tariff) (1km)

$1.35 ฿42.37

$2.52 ISK 317

-46.43%

Taxi 1hour Waiting (Normal Tariff)

$8.15 ฿256

$85.5 ISK 10.8K

-90.47%

Gasoline (1 liter)

$1.22 ฿38.43

$2.55 ISK 321

-52.16%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.4K ฿671.8K

$46.7K ISK 5.9M

-54.22%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.7K ฿683.8K

$53.0K ISK 6.7M

-58.96%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$70.3 ฿2,210

$87.6 ISK 11.0K

-19.73%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.91 ฿437

$27.54 ISK 3,469

-49.49%

Internet (50+ Mbps, Unlimited Data)

$18.00 ฿566

$84.7 ISK 10.7K

-78.74%

Gym Membership (Monthly)

$41.78 ฿1,314

Tennis Court (1 Hour on Weekend)

$6.80 ฿214

Cinema Ticket

$5.72 ฿180

$17.42 ISK 2,195

-67.16%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$308 ฿9,693

$325 ISK 41.0K

-5.28%

International Primary School, 1 Child (Yearly)

$14.8K ฿465.7K

$30.2K ISK 3.8M

-50.90%

Jeans (Levis 501 Or Similar)

$55.9 ฿1,756

$139 ISK 17.5K

-59.79%

Summer Dress (H&M, Zara, etc)

$26.71 ฿840

$61.3 ISK 7,727

-56.46%

Sport Shoes (Adidas, Nike)

$84.5 ฿2,658

$184 ISK 23.2K

-54.07%

Men's Leather Business Shoes

$70.8 ฿2,227

$267 ISK 33.6K

-73.43%

1-bedroom Apartment, City Center (Monthly)

$431 ฿13.5K

1-bedroom Apartment, Outside City Center (Monthly)

$237 ฿7,439

3-bedroom Apartment, City Center (Monthly)

$811 ฿25.5K

3-bedroom Apartment, Outside City Center (Monthly)

$501 ฿15.7K

Buy Apartment in City Center (m2)

$2,202 ฿69.2K

Buy Apartment Outside City Center (m2)

$1,600 ฿50.3K

$1,181 ISK 148.8K

35.51%

Average Monthly Net Salary (After Tax)

$684 ฿21.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

-48.08%

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

Last update for Chiang Mai: January 13, 2026

Last update for Grundarfjordur: January 12, 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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