Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Drangsnes

For one person, living is cheaper in Da Nang: $895 a month against $1,726 in Drangsnes, rent and utilities included – about $10,000 less a year. The total is higher in Drangsnes despite lower rent and utilities.

43

Cost of Living Index in Da Nang
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Da Nang Living Index
82

Cost of Living Index in Drangsnes
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Drangsnes Living Index

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Da Nang

🇻🇳 Vietnam

$895

/mo nomad

Drangsnes

🇮🇸 Iceland

$1,726

/mo nomad

Monthly Cost of Living

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

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 Drangsnes actually costs, broken down by who's living it.

A single person spends $895 per month in Da Nang vs $1,726 in Drangsnes, rent included.

Da Nang $895
Drangsnes $1,726

A couple spends around $1,447 per month in Da Nang vs $2,935 in Drangsnes, rent included.

Da Nang $1,447
Drangsnes $2,935

A family of three spends $1,998 per month in Da Nang vs $4,144 in Drangsnes, rent included.

Da Nang $1,998
Drangsnes $4,144

Da Nang is about 48% cheaper than Drangsnes, and outside of rent the biggest gap is in eating out.

Da Nang sits 34% below the global median, while Drangsnes is 28% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.26 ₫58.3K

$31.74 ISK 3,856

-92.88%

Three-Course Dinner for Two, Mid-Range

$19.09 ₫491.7K

$122 ISK 14.9K

-84.41%

Fast Food Meal (McDonalds, etc)

$4.56 ₫117.5K

$26.90 ISK 3,268

-83.05%

Cappuccino

$1.63 ₫42.1K

$6.91 ISK 840

-76.41%

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

$0.61 ₫15.7K

$3.41 ISK 414

-82.11%

Water (0.33 liter bottle)

$0.33 ₫8,403

$3.15 ISK 383

-89.52%

Local Beer (0.5 liter draught)

$1.34 ₫34.5K

$14.01 ISK 1,702

-90.44%

Imported Beer (0.33 liter bottle)

$2.26 ₫58.3K

$12.12 ISK 1,473

-81.35%

Milk (1 liter)

$1.56 ₫40.3K

$2.12 ISK 257

-26.42%

White Bread (500g)

$1.30 ₫33.5K

$4.23 ISK 514

-69.27%

Rice (white) (1kg)

$1.00 ₫25.7K

$3.65 ISK 444

-72.60%

Eggs

$1.58 ₫40.8K

$6.96 ISK 845

-77.30%

Local Cheese (1kg)

$13.14 ₫338.5K

$21.86 ISK 2,656

-39.89%

Chicken Fillets (1kg)

$4.22 ₫108.7K

$24.27 ISK 2,948

-82.61%

Beef Round Steak (1kg)

$8.70 ₫224.1K

$42.46 ISK 5,159

-79.51%

Apples (1kg)

$2.86 ₫73.7K

$3.28 ISK 398

-12.80%

Banana (1kg)

$1.23 ₫31.7K

$2.84 ISK 344

-56.69%

Oranges (1kg)

$1.38 ₫35.6K

$3.17 ISK 385

-56.47%

Tomato (1kg)

$1.59 ₫41.0K

$6.60 ISK 801

-75.91%

Potato (1kg)

$1.17 ₫30.0K

$3.94 ISK 479

-70.30%

Onion (1kg)

$1.25 ₫32.2K

$1.70 ISK 207

-26.47%

Lettuce (1 head)

$0.96 ₫24.7K

$3.66 ISK 444

-73.77%

Water (1.5 liter bottle)

$0.51 ₫13.0K

$1.74 ISK 212

-70.69%

Cigarettes 20 Pack (Marlboro, Camel)

$1.52 ₫39.1K

$13.77 ISK 1,673

-88.96%

Wine (Bottle)

$7.55 ₫194.4K

$23.74 ISK 2,885

-68.20%

Local Beer (0.5 liter bottle)

$0.94 ₫24.2K

$3.67 ISK 446

-74.39%

Imported Beer (0.33 liter bottle)

$2.41 ₫62.1K

$3.49 ISK 424

-30.95%

One-way Ticket (Public Transport)

$0.32 ₫8,303

Public Transport Monthly Pass (Regular Price)

$6.71 ₫172.9K

Taxi Start (Normal Tariff)

$1.02 ₫26.4K

$6.64 ISK 806

-84.64%

Taxi (Normal Tariff) (1km)

$0.47 ₫12.0K

$2.79 ISK 339

-83.15%

Taxi 1hour Waiting (Normal Tariff)

$10.48 ₫269.9K

$80.7 ISK 9,799

-87.01%

Gasoline (1 liter)

$0.99 ₫25.5K

$2.11 ISK 256

-53.08%

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

$30.8K ₫793.3M

$69.7K ISK 8.5M

-55.82%

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

$28.4K ₫731.5M

$55.5K ISK 6.7M

-48.80%

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

$85.8 ₫2.2M

$95.5 ISK 11.6K

-10.15%

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

$6.87 ₫177.0K

$33.11 ISK 4,023

-79.25%

Internet (50+ Mbps, Unlimited Data)

$9.20 ₫237.1K

$87.1 ISK 10.6K

-89.44%

Gym Membership (Monthly)

$27.37 ₫705.0K

Tennis Court (1 Hour on Weekend)

$5.50 ₫141.8K

Cinema Ticket

$3.47 ₫89.3K

$19.31 ISK 2,347

-82.03%

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

$459 ₫11.8M

$1,168 ISK 142.0K

-60.75%

International Primary School, 1 Child (Yearly)

$20.2K ₫519.6M

$26.3K ISK 3.2M

-23.26%

Jeans (Levis 501 Or Similar)

$41.42 ₫1.1M

$152 ISK 18.5K

-72.77%

Summer Dress (H&M, Zara, etc)

$27.37 ₫705.2K

$65.6 ISK 7,971

-58.28%

Sport Shoes (Adidas, Nike)

$120 ₫3.1M

$179 ISK 21.7K

-32.69%

Men's Leather Business Shoes

$81.0 ₫2.1M

$248 ISK 30.1K

-67.33%

1-bedroom Apartment, City Center (Monthly)

$543 ₫14.0M

1-bedroom Apartment, Outside City Center (Monthly)

$359 ₫9.2M

3-bedroom Apartment, City Center (Monthly)

$1,141 ₫29.4M

3-bedroom Apartment, Outside City Center (Monthly)

$830 ₫21.4M

Buy Apartment in City Center (m2)

$3,798 ₫97.8M

Buy Apartment Outside City Center (m2)

$1,854 ₫47.7M

Average Monthly Net Salary (After Tax)

$429 ₫11.0M

$6,094 ISK 740.4K

-92.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

8.81

21.68%

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

Last update for Da Nang: October 31, 2026

Last update for Drangsnes: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$359 40.1%

Drangsnes

- * 0% 100%

Groceries & Markets

Da Nang

$201 22.5%

Drangsnes

$623 36.1% 210% $422

Clothing & Footwear

Da Nang

$122 13.6%

Drangsnes

$290 16.8% 139% $168

Monthly Utilities & Internet

Da Nang

$102 11.4%

Drangsnes

$216 12.5% 112% $114

Eating Out

Da Nang

$66 7.4%

Drangsnes

$538 31.2% 711% $472

Sport & Entertainment

Da Nang

$34 3.8%

Drangsnes

$39 * 2.2% 12.6% $4.3

Getting Around

Da Nang

$11 1.3%

Drangsnes

$21 * 1.2% 81.3% $9.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries in Drangsnes are about 14 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $19 in Da Nang versus $122 in Drangsnes. Monthly groceries follow the same trend: $201 vs $623 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇸 Drangsnes

🕒 Local time

11:56 11:56 AM

04:56 4:56 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

100

💱 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 = 8.23 USD

1,000 ISK = 7.36 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 4, 2026: 1 USD = 25,761 VND (100,000 VND = 3.88 USD). 1 EUR = 28,809 VND (100,000 VND = 3.47 EUR).

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Drangsnes 10,010 km ≈ 13 h nonstop flight

From you

Da Nang
Drangsnes

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 Drangsnes: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $895 in Da Nang, $1,726 in Drangsnes – Da Nang comes out roughly 48% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $1,343 per month in Da Nang and $2,589 in Drangsnes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $895 in Da Nang and $1,726 in Drangsnes. That makes Da Nang about 48% cheaper.

Kindergarten costs $459 per month in Da Nang and $1,168 in Drangsnes. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $895, than in Drangsnes at $1,726. In Da Nang it covers expenses comfortably, while in Drangsnes 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 $895 in Da Nang to $1,726 in Drangsnes. 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.

If budget matters most, go with Da Nang. If higher salaries or specific career opportunities are the priority, Drangsnes makes more sense. Both are solid long-term options with distinct trade-offs.