Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Akureyri

For one person, living is cheaper in Da Nang: $889 a month against $3,106 in Akureyri, rent and utilities included – about $26,600 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Da Nang
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Da Nang Living Index

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Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Akureyri

🇮🇸 Iceland

$3,106

/mo nomad

Monthly Cost of Living

How much you'll spend in Da Nang and in Akureyri

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Da Nang and in Akureyri actually costs, broken down by who's living it.

A single person spends $889 per month in Da Nang vs $3,106 in Akureyri, rent included.

Da Nang $889
Akureyri $3,106

A couple spends around $1,426 per month in Da Nang vs $4,176 in Akureyri, rent included.

Da Nang $1,426
Akureyri $4,176

A family of three spends $1,963 per month in Da Nang vs $5,246 in Akureyri, rent included.

Da Nang $1,963
Akureyri $5,246

Da Nang is about 71% cheaper than Akureyri, and outside of rent the biggest gap is in eating out.

Da Nang sits 35% below the global median, while Akureyri is 128% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

$24.94 ISK 3,028

-91.30%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

$129 ISK 15.6K

-84.85%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$22.63 ISK 2,748

-79.98%

Cappuccino

$1.64 ₫42.4K

$5.04 ISK 611

-67.46%

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

$0.60 ₫15.6K

$3.35 ISK 406

-82.09%

Water (0.33 liter bottle)

$0.34 ₫8,901

$2.99 ISK 363

-88.63%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$11.22 ISK 1,362

-88.15%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$9.62 ISK 1,168

-75.47%

Milk (1 liter)

$1.60 ₫41.2K

$2.77 ISK 337

-42.24%

White Bread (500g)

$1.20 ₫31.0K

$2.32 ISK 282

-48.28%

Rice (white) (1kg)

$1.05 ₫27.1K

$3.14 ISK 382

-66.56%

Eggs

$1.52 ₫39.3K

$7.65 ISK 928

-80.13%

Local Cheese (1kg)

$12.82 ₫330.7K

$15.85 ISK 1,925

-19.12%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$24.82 ISK 3,013

-83.20%

Beef Round Steak (1kg)

$9.33 ₫240.6K

Apples (1kg)

$2.60 ₫67.2K

Banana (1kg)

$1.21 ₫31.3K

$2.92 ISK 354

-58.56%

Oranges (1kg)

$1.28 ₫33.1K

$3.45 ISK 419

-62.90%

Tomato (1kg)

$1.57 ₫40.5K

$6.08 ISK 738

-74.18%

Potato (1kg)

$1.20 ₫31.0K

Onion (1kg)

$1.31 ₫33.9K

Lettuce (1 head)

$1.04 ₫26.9K

Water (1.5 liter bottle)

$0.49 ₫12.7K

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$13.71 ISK 1,664

-88.99%

Wine (Bottle)

$7.97 ₫205.6K

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

One-way Ticket (Public Transport)

$0.30 ₫7,693

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

Gasoline (1 liter)

$0.91 ₫23.4K

$2.59 ISK 314

-64.86%

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

$30.8K ₫795.4M

$41.3K ISK 5.0M

-25.31%

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

$28.4K ₫732.2M

$65.2K ISK 7.9M

-56.47%

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

$78.5 ₫2.0M

$121 ISK 14.7K

-34.98%

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

$6.35 ₫163.9K

$25.21 ISK 3,061

-74.81%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

$165 ISK 20.0K

-94.94%

Gym Membership (Monthly)

$27.08 ₫698.6K

$84.3 ISK 10.2K

-67.87%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

$15.53 ISK 1,885

-78.30%

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

$423 ₫10.9M

$367 ISK 44.6K

15.25%

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$80.8 ISK 9,810

-44.08%

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$122 ISK 14.8K

-17.57%

Men's Leather Business Shoes

$82.8 ₫2.1M

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

$1,835 ISK 222.7K

-69.84%

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$1,833 ISK 222.5K

-79.86%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

$2,186 ISK 265.4K

-62.44%

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

$6,596 ISK 800.8K

-41.52%

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

$6,483 ISK 787.1K

-71.05%

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

9.4

14.04%

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

Last update for Da Nang: October 25, 2026

Last update for Akureyri: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Da Nang

$369 41.5%

Akureyri

–

Groceries & Markets

Da Nang

$200 22.5%

Akureyri

–

Clothing & Footwear

Da Nang

$115 13%

Akureyri

–

Monthly Utilities & Internet

Da Nang

$93 10.5%

Akureyri

–

Eating Out

Da Nang

$66 7.4%

Akureyri

–

Sport & Entertainment

Da Nang

$34 3.8%

Akureyri

–

Getting Around

Da Nang

$11 1.3%

Akureyri

–

Cost Breakdown

A central one-bedroom costs $553 in Da Nang versus $1,835 in Akureyri. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $20 in Da Nang versus $129 in Akureyri. Monthly groceries follow the same trend: $200 vs $327 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇸 Akureyri

🕒 Local time

18:38 6:38 PM

11:38 11:38 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

19,219

💱 Currency

Vietnamese Dong VND ₫

Icelandic Króna ISK kr

📈 Exchange rate

100,000 VND = 3.88 USD

100,000 VND = 3.47 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

Exchange rates and currency converter

ISK, USD, EUR to VND – Vietnamese Dong Converter

🇺🇸 United States Dollar ($)

🇻🇳 Vietnamese Dong (₫)

Vietnamese Dong exchange rates as of November 2, 2026: 1 USD = 25,802 VND (100,000 VND = 3.88 USD). 1 EUR = 28,794 VND (100,000 VND = 3.47 EUR).

Icelandic Króna exchange rates as of November 2, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 135 ISK (1,000 ISK = 7.38 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Akureyri 9,890 km ≈ 13 h nonstop flight

From you

Da Nang
Akureyri

Distances are measured in a straight line. Your location is detected approximately.

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

Da Nang vs Akureyri: Cost of Living - Frequently Asked Questions

Yes – Akureyri is pricier by about 249%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,333 per month in Da Nang and $4,659 in Akureyri. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments: a one-bedroom in the center costs $553 there versus $1,835 in Akureyri.

A mid-range dinner for two costs $20 in Da Nang and $129 in Akureyri. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 64% more in Akureyri, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Akureyri at $3,106. In Da Nang it covers expenses comfortably, while in Akureyri it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $889 in Da Nang to $3,106 in Akureyri. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.