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

🙂 Solo nomad: Chiang Mai is 60.8% cheaper than Grundarfjordur without rent, and 45.9% cheaper with rent.

🙂 Family of 3: Chiang Mai is 62.3% cheaper than Grundarfjordur without rent, and 54.2% cheaper with rent.

Meal at Budget Restaurant

$2.02 ฿65.3

$26.89 ISK 3,354

-92.49%

Three-Course Dinner for Two, Mid-Range

$18.78 ฿608

$143 ISK 17.8K

-86.87%

Fast Food Meal (McDonalds, etc)

$7.67 ฿248

$22.13 ISK 2,761

-65.34%

Cappuccino

$1.98 ฿64.2

$6.16 ISK 769

-67.86%

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

$0.82 ฿26.64

$3.24 ISK 404

-74.69%

Water (0.33 liter bottle)

$0.33 ฿10.58

$2.51 ISK 313

-86.85%

Local Beer (0.5 liter draught)

$2.12 ฿68.6

$12.69 ISK 1,583

-83.29%

Imported Beer (0.33 liter bottle)

$3.73 ฿121

$11.45 ISK 1,428

-67.42%

Milk (1 liter)

$1.64 ฿53.2

$1.93 ISK 241

-15.03%

White Bread (500g)

$1.57 ฿50.9

$4.39 ISK 547

-64.24%

Rice (white) (1kg)

$1.19 ฿38.62

$3.67 ISK 458

-67.57%

Eggs

$1.98 ฿64.1

$6.52 ISK 814

-69.63%

Local Cheese (1kg)

$15.99 ฿517

$18.17 ISK 2,266

-12.00%

Chicken Fillets (1kg)

$3.12 ฿101

$24.29 ISK 3,030

-87.16%

Beef Round Steak (1kg)

$11.16 ฿361

$41.67 ISK 5,198

-73.22%

Apples (1kg)

$2.76 ฿89.2

$3.24 ISK 404

-14.81%

Banana (1kg)

$1.22 ฿39.5

$2.5 ISK 311

-51.20%

Oranges (1kg)

$1.71 ฿55.4

$2.99 ISK 373

-42.81%

Tomato (1kg)

$1.55 ฿50.2

$4.97 ISK 621

-68.81%

Potato (1kg)

$1.34 ฿43.21

$3.68 ISK 459

-63.59%

Onion (1kg)

$1.21 ฿39.23

$2.39 ISK 298

-49.37%

Lettuce (1 head)

$0.72 ฿23.2

$3.15 ISK 393

-77.14%

Water (1.5 liter bottle)

$0.53 ฿17.05

$1.95 ISK 243

-72.82%

Cigarettes 20 Pack (Marlboro, Camel)

$4.72 ฿153

$13.79 ISK 1,720

-65.77%

Wine (Bottle)

$18.39 ฿595

$24.42 ISK 3,047

-24.69%

Local Beer (0.5 liter bottle)

$1.79 ฿57.9

$3.73 ISK 466

-52.01%

Imported Beer (0.33 liter bottle)

$3.21 ฿104

$3.32 ISK 414

-3.31%

One-way Ticket (Public Transport)

$0.94 ฿30.44

Public Transport Monthly Pass (Regular Price)

$18.9 ฿612

Taxi Start (Normal Tariff)

$1.42 ฿46.08

$6.49 ISK 810

-78.12%

Taxi (Normal Tariff) (1km)

$1.35 ฿43.53

$2.66 ISK 331

-49.25%

Taxi 1hour Waiting (Normal Tariff)

$7.85 ฿254

$85.7 ISK 10.7K

-90.83%

Gasoline (1 liter)

$1.25 ฿40.4

$2.43 ISK 304

-48.56%

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

$21.2K ฿684.9K

$47.9K ISK 6M

-55.86%

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

$21.8K ฿706.8K

$52.3K ISK 6.5M

-58.24%

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

$70.6 ฿2,285

$88.5 ISK 11K

-20.21%

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

$13.72 ฿444

$27.54 ISK 3,436

-50.18%

Internet (50+ Mbps, Unlimited Data)

$17.56 ฿568

$83.9 ISK 10.5K

-79.06%

Gym Membership (Monthly)

$41.64 ฿1,347

Tennis Court (1 Hour on Weekend)

$6.9 ฿223

Cinema Ticket

$5.8 ฿188

$17.39 ISK 2,170

-66.65%

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

$308 ฿9,963

$318 ISK 39.6K

-3.04%

International Primary School, 1 Child (Yearly)

$14.7K ฿475.8K

$30.7K ISK 3.8M

-52.08%

Jeans (Levis 501 Or Similar)

$55.4 ฿1,793

$139 ISK 17.3K

-60.05%

Summer Dress (H&M, Zara, etc)

$26.4 ฿854

$61 ISK 7,607

-56.71%

Sport Shoes (Adidas, Nike)

$85.1 ฿2,755

$183 ISK 22.8K

-53.39%

Men's Leather Business Shoes

$71.8 ฿2,323

$268 ISK 33.4K

-73.19%

1-bedroom Apartment, City Center (Monthly)

$434 ฿14K

1-bedroom Apartment, Outside City Center (Monthly)

$235 ฿7,610

3-bedroom Apartment, City Center (Monthly)

$821 ฿26.6K

3-bedroom Apartment, Outside City Center (Monthly)

$498 ฿16.1K

Buy Apartment in City Center (m2)

$2,180 ฿70.6K

Buy Apartment Outside City Center (m2)

$1,543 ฿49.9K

$1,147 ISK 143.1K

34.50%

Average Monthly Net Salary (After Tax)

$703 ฿22.8K

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: October 29, 2025

Last update for Grundarfjordur: October 27, 2025

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