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 $712 per month in Da Nang vs $1,602 in Drangsnes, rent included.

A couple spends around $1,080 per month in Da Nang vs $2,826 in Drangsnes, rent included.

A family of three spends $1,448 per month in Da Nang vs $4,050 in Drangsnes, rent included.

Da Nang is about 56% cheaper than Drangsnes, driven mainly by Groceries & Markets.

Da Nang sits 47% below the global median, while Drangsnes is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.87 ₫49.2K

$27.09 ISK 3,349

-93.10%

Three-Course Dinner for Two, Mid-Range

$18.84 ₫495.2K

$146 ISK 18.0K

-87.08%

Fast Food Meal (McDonalds, etc)

$4.60 ₫121.0K

$22.43 ISK 2,772

-79.49%

Cappuccino

$1.57 ₫41.2K

$6.21 ISK 767

-74.72%

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

$0.50 ₫13.3K

$3.37 ISK 416

-85.16%

Water (0.33 liter bottle)

$0.29 ₫7,549

$2.56 ISK 316

-88.67%

Local Beer (0.5 liter draught)

$1.08 ₫28.3K

$12.80 ISK 1,582

-91.56%

Imported Beer (0.33 liter bottle)

$1.61 ₫42.4K

$11.29 ISK 1,396

-85.74%

Milk (1 liter)

$1.44 ₫37.8K

$1.96 ISK 243

-26.53%

White Bread (500g)

$0.96 ₫25.3K

$4.35 ISK 537

-77.93%

Rice (white) (1kg)

$1.13 ₫29.6K

$3.67 ISK 453

-69.21%

Eggs

$1.48 ₫38.8K

$6.48 ISK 801

-77.16%

Local Cheese (1kg)

$12.58 ₫330.7K

$18.10 ISK 2,237

-30.50%

Chicken Fillets (1kg)

$3.77 ₫99.1K

$24.54 ISK 3,033

-84.64%

Beef Round Steak (1kg)

$9.74 ₫256.2K

$41.85 ISK 5,172

-76.73%

Apples (1kg)

$2.60 ₫68.3K

$3.21 ISK 397

-19.00%

Banana (1kg)

$0.92 ₫24.2K

$2.46 ISK 304

-62.60%

Oranges (1kg)

$1.08 ₫28.3K

$3.11 ISK 384

-65.27%

Tomato (1kg)

$1.06 ₫27.8K

$5.14 ISK 636

-79.38%

Potato (1kg)

$1.10 ₫28.9K

$3.72 ISK 459

-70.43%

Onion (1kg)

$1.17 ₫30.7K

$2.32 ISK 286

-49.57%

Lettuce (1 head)

$1.01 ₫26.5K

$3.04 ISK 376

-66.78%

Water (1.5 liter bottle)

$0.52 ₫13.7K

$2.01 ISK 249

-74.13%

Cigarettes 20 Pack (Marlboro, Camel)

$1.32 ₫34.6K

$13.39 ISK 1,655

-90.14%

Wine (Bottle)

$7.74 ₫203.4K

$23.52 ISK 2,907

-67.09%

Local Beer (0.5 liter bottle)

$0.86 ₫22.5K

$3.57 ISK 441

-75.91%

Imported Beer (0.33 liter bottle)

$1.64 ₫43.1K

$3.26 ISK 403

-49.69%

One-way Ticket (Public Transport)

$0.35 ₫9,085

Public Transport Monthly Pass (Regular Price)

$3.78 ₫99.3K

Taxi Start (Normal Tariff)

$0.88 ₫23.1K

$6.33 ISK 782

-86.10%

Taxi (Normal Tariff) (1km)

$0.70 ₫18.5K

$2.65 ISK 327

-73.58%

Taxi 1hour Waiting (Normal Tariff)

$12.01 ₫315.8K

$85.5 ISK 10.6K

-85.96%

Gasoline (1 liter)

$0.84 ₫22.1K

$2.53 ISK 313

-66.80%

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

$26.3K ₫691.6M

$46.9K ISK 5.8M

-43.86%

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

$27.9K ₫734.5M

$52.7K ISK 6.5M

-47.03%

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

$75.9 ₫2.0M

$86.7 ISK 10.7K

-12.41%

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

$5.93 ₫155.9K

$27.67 ISK 3,420

-78.57%

Internet (50+ Mbps, Unlimited Data)

$8.34 ₫219.3K

$85.9 ISK 10.6K

-90.29%

Gym Membership (Monthly)

$20.32 ₫534.3K

Tennis Court (1 Hour on Weekend)

$7.82 ₫205.7K

Cinema Ticket

$3.16 ₫83.1K

$17.91 ISK 2,213

-82.36%

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

$156 ₫4.1M

$315 ISK 38.9K

-50.48%

International Primary School, 1 Child (Yearly)

$13.0K ₫341.6M

$29.5K ISK 3.6M

-55.98%

Jeans (Levis 501 Or Similar)

$39.50 ₫1.0M

$139 ISK 17.2K

-71.68%

Summer Dress (H&M, Zara, etc)

$25.70 ₫675.6K

$60.9 ISK 7,523

-57.77%

Sport Shoes (Adidas, Nike)

$52.3 ₫1.4M

$184 ISK 22.8K

-71.61%

Men's Leather Business Shoes

$76.1 ₫2.0M

$266 ISK 32.9K

-71.42%

1-bedroom Apartment, City Center (Monthly)

$362 ₫9.5M

1-bedroom Apartment, Outside City Center (Monthly)

$246 ₫6.5M

3-bedroom Apartment, City Center (Monthly)

$732 ₫19.3M

3-bedroom Apartment, Outside City Center (Monthly)

$456 ₫12.0M

Buy Apartment in City Center (m2)

$3,881 ₫102.0M

Buy Apartment Outside City Center (m2)

$1,304 ₫34.3M

Average Monthly Net Salary (After Tax)

$347 ₫9.1M

$5,921 ISK 731.8K

-94.14%

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: July 26, 2026

Last update for Drangsnes: July 26, 2026

Cost Breakdown

Salaries run about 1608% 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 $19.00 in Da Nang versus $146 in Drangsnes. Monthly groceries follow the same trend: $187 vs $599 – 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: $712 in Da Nang, $1,602 in Drangsnes – roughly 125% apart. Drangsnes costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,068 per month in Da Nang and $2,403 in Drangsnes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $712 in Da Nang and $1,602 in Drangsnes. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $156 per month in Da Nang and $315 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 $712, than in Drangsnes at $1,602. 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 $712 in Da Nang to $1,602 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.