Cost of Living Comparison Between Da Nang and Drangsnes Cost of Living Comparison Between Da Nang and Drangsnes

Monthly Cost of Living

A single person spends $721 per month in Da Nang vs $1,587 in Drangsnes, rent included.

A couple spends around $1,088 per month in Da Nang vs $2,836 in Drangsnes, rent included.

A family of three spends $1,454 per month in Da Nang vs $4,085 in Drangsnes, rent included.

Da Nang is about 55% cheaper than Drangsnes, driven mainly by Eating Out.

Da Nang sits 46% below the global median, while Drangsnes is 19% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.94 ₫51.0K

$27.14 ISK 3,372

-92.85%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫512.6K

$143 ISK 17.8K

-86.38%

Fast Food Meal (McDonalds, etc)

$4.79 ₫125.7K

$22.90 ISK 2,845

-79.08%

Cappuccino

$1.57 ₫41.3K

$6.08 ISK 756

-74.18%

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

$0.54 ₫14.2K

$3.36 ISK 417

-83.93%

Water (0.33 liter bottle)

$0.31 ₫8,254

$2.63 ISK 327

-88.21%

Local Beer (0.5 liter draught)

$1.04 ₫27.2K

$12.62 ISK 1,568

-91.76%

Imported Beer (0.33 liter bottle)

$1.59 ₫41.8K

$11.32 ISK 1,406

-85.95%

Milk (1 liter)

$1.38 ₫36.3K

$1.86 ISK 231

-25.81%

White Bread (500g)

$1.02 ₫26.9K

$4.21 ISK 523

-75.77%

Rice (white) (1kg)

$1.12 ₫29.4K

$3.56 ISK 443

-68.54%

Eggs

$1.48 ₫38.8K

$6.43 ISK 798

-76.98%

Local Cheese (1kg)

$12.60 ₫330.7K

$18.19 ISK 2,260

-30.73%

Chicken Fillets (1kg)

$3.77 ₫98.9K

$24.03 ISK 2,985

-84.31%

Beef Round Steak (1kg)

$9.87 ₫259.1K

$41.86 ISK 5,201

-76.42%

Apples (1kg)

$2.73 ₫71.6K

$3.31 ISK 411

-17.52%

Banana (1kg)

$0.99 ₫25.9K

$2.54 ISK 316

-61.02%

Oranges (1kg)

$1.12 ₫29.5K

$3.04 ISK 377

-63.16%

Tomato (1kg)

$1.10 ₫28.8K

$4.92 ISK 611

-77.64%

Potato (1kg)

$1.15 ₫30.1K

$3.72 ISK 462

-69.09%

Onion (1kg)

$1.21 ₫31.8K

$2.43 ISK 302

-50.21%

Lettuce (1 head)

$0.99 ₫26.1K

$3.03 ISK 377

-67.33%

Water (1.5 liter bottle)

$0.49 ₫12.8K

$1.99 ISK 247

-75.38%

Cigarettes 20 Pack (Marlboro, Camel)

$1.33 ₫34.8K

$13.57 ISK 1,686

-90.20%

Wine (Bottle)

$7.57 ₫198.5K

$23.68 ISK 2,942

-68.03%

Local Beer (0.5 liter bottle)

$0.85 ₫22.4K

$3.62 ISK 450

-76.52%

Imported Beer (0.33 liter bottle)

$1.66 ₫43.5K

$3.27 ISK 406

-49.24%

One-way Ticket (Public Transport)

$0.34 ₫9,029

Public Transport Monthly Pass (Regular Price)

$3.92 ₫102.9K

Taxi Start (Normal Tariff)

$0.90 ₫23.6K

$6.51 ISK 809

-86.18%

Taxi (Normal Tariff) (1km)

$0.75 ₫19.7K

$2.56 ISK 318

-70.70%

Taxi 1hour Waiting (Normal Tariff)

$12.01 ₫315.1K

$87.6 ISK 10.9K

-86.29%

Gasoline (1 liter)

$0.86 ₫22.5K

$2.45 ISK 304

-64.90%

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

$27.2K ₫715.0M

$47.4K ISK 5.9M

-42.57%

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

$28.9K ₫758.4M

$51.8K ISK 6.4M

-44.24%

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

$74.5 ₫2.0M

$88.6 ISK 11.0K

-15.83%

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

$5.87 ₫154.1K

$27.90 ISK 3,466

-78.96%

Internet (50+ Mbps, Unlimited Data)

$8.32 ₫218.4K

$84.0 ISK 10.4K

-90.09%

Gym Membership (Monthly)

$20.15 ₫528.8K

Tennis Court (1 Hour on Weekend)

$7.74 ₫203.0K

Cinema Ticket

$3.05 ₫80.0K

$17.62 ISK 2,189

-82.69%

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

$154 ₫4.0M

$319 ISK 39.6K

-51.64%

International Primary School, 1 Child (Yearly)

$13.1K ₫344.3M

$30.0K ISK 3.7M

-56.25%

Jeans (Levis 501 Or Similar)

$39.19 ₫1.0M

$137 ISK 17.1K

-71.47%

Summer Dress (H&M, Zara, etc)

$25.78 ₫676.5K

$61.9 ISK 7,690

-58.35%

Sport Shoes (Adidas, Nike)

$51.3 ₫1.3M

$182 ISK 22.6K

-71.74%

Men's Leather Business Shoes

$75.2 ₫2.0M

$268 ISK 33.3K

-71.96%

1-bedroom Apartment, City Center (Monthly)

$364 ₫9.6M

1-bedroom Apartment, Outside City Center (Monthly)

$245 ₫6.4M

3-bedroom Apartment, City Center (Monthly)

$727 ₫19.1M

3-bedroom Apartment, Outside City Center (Monthly)

$458 ₫12.0M

Buy Apartment in City Center (m2)

$3,844 ₫100.9M

Buy Apartment Outside City Center (m2)

$1,323 ₫34.7M

Average Monthly Net Salary (After Tax)

$347 ₫9.1M

$6,084 ISK 755.9K

-94.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.67

9.63

10.80%

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

Last update for Da Nang: June 15, 2026

Last update for Drangsnes: June 15, 2026

Cost Breakdown

Salaries run about 1655% higher in Drangsnes, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20.00 in Da Nang versus $143 in Drangsnes. Monthly groceries follow the same trend: $189 vs $593 – making Da Nang the more affordable choice for daily food spending.

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: $721 in Da Nang, $1,587 in Drangsnes – roughly 120% apart. Drangsnes costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $1,082 per month in Da Nang and $2,380 in Drangsnes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $721 in Da Nang and $1,587 in Drangsnes. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $154 per month in Da Nang and $319 in Drangsnes. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $721, than in Drangsnes at $1,587. 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 $721 in Da Nang to $1,587 in Drangsnes. Climate, culture, job market, and personal taste all factor in.

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