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 $707 per month in Da Nang vs $1,583 in Drangsnes, rent included.

A couple spends around $1,081 per month in Da Nang vs $2,763 in Drangsnes, rent included.

A family of three spends $1,455 per month in Da Nang vs $3,943 in Drangsnes, rent included.

Da Nang is about 55% cheaper than Drangsnes, driven mainly by Groceries & Markets.

Da Nang sits 47% below the global median, while Drangsnes is 18% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.94 ₫50.8K

$26.38 ISK 3,230

-92.65%

Three-Course Dinner for Two, Mid-Range

$19.32 ₫506.9K

$143 ISK 17.6K

-86.53%

Fast Food Meal (McDonalds, etc)

$4.69 ₫122.9K

$22.74 ISK 2,785

-79.38%

Cappuccino

$1.57 ₫41.3K

$6.21 ISK 761

-74.72%

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

$0.54 ₫14.2K

$3.36 ISK 411

-83.93%

Water (0.33 liter bottle)

$0.29 ₫7,500

$2.64 ISK 324

-89.02%

Local Beer (0.5 liter draught)

$1.02 ₫26.7K

$12.89 ISK 1,578

-92.09%

Imported Beer (0.33 liter bottle)

$1.68 ₫44.0K

$11.15 ISK 1,366

-84.93%

Milk (1 liter)

$1.42 ₫37.2K

$1.92 ISK 236

-26.04%

White Bread (500g)

$1.00 ₫26.4K

$4.21 ISK 516

-76.25%

Rice (white) (1kg)

$1.13 ₫29.5K

$3.55 ISK 435

-68.17%

Eggs

$1.42 ₫37.3K

$6.19 ISK 758

-77.06%

Local Cheese (1kg)

$12.36 ₫324.3K

$18.04 ISK 2,209

-31.49%

Chicken Fillets (1kg)

$3.79 ₫99.3K

$24.15 ISK 2,957

-84.31%

Beef Round Steak (1kg)

$10.17 ₫266.8K

$42.81 ISK 5,242

-76.24%

Apples (1kg)

$2.75 ₫72.3K

$3.22 ISK 394

-14.60%

Banana (1kg)

$0.93 ₫24.4K

$2.41 ISK 295

-61.41%

Oranges (1kg)

$1.09 ₫28.5K

$3.11 ISK 380

-64.95%

Tomato (1kg)

$1.09 ₫28.7K

$5.04 ISK 617

-78.37%

Potato (1kg)

$1.11 ₫29.1K

$3.59 ISK 440

-69.08%

Onion (1kg)

$1.20 ₫31.6K

$2.32 ISK 284

-48.28%

Lettuce (1 head)

$1.05 ₫27.5K

$3.13 ISK 384

-66.45%

Water (1.5 liter bottle)

$0.48 ₫12.5K

$1.94 ISK 237

-75.26%

Cigarettes 20 Pack (Marlboro, Camel)

$1.36 ₫35.8K

$13.63 ISK 1,669

-90.02%

Wine (Bottle)

$7.55 ₫198.2K

$22.76 ISK 2,787

-66.83%

Local Beer (0.5 liter bottle)

$0.80 ₫20.9K

$3.58 ISK 438

-77.65%

Imported Beer (0.33 liter bottle)

$1.67 ₫43.7K

$3.22 ISK 394

-48.14%

One-way Ticket (Public Transport)

$0.34 ₫9,004

Public Transport Monthly Pass (Regular Price)

$3.78 ₫99.1K

Taxi Start (Normal Tariff)

$0.83 ₫21.8K

$6.42 ISK 786

-87.07%

Taxi (Normal Tariff) (1km)

$0.70 ₫18.4K

$2.51 ISK 308

-72.11%

Taxi 1hour Waiting (Normal Tariff)

$11.79 ₫309.2K

$85.4 ISK 10.5K

-86.19%

Gasoline (1 liter)

$0.92 ₫24.0K

$2.48 ISK 304

-62.90%

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

$27.2K ₫713.0M

$47.2K ISK 5.8M

-42.41%

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

$27.9K ₫730.7M

$52.2K ISK 6.4M

-46.63%

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

$76.4 ₫2.0M

$88.2 ISK 10.8K

-13.39%

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

$5.81 ₫152.5K

$27.68 ISK 3,390

-79.01%

Internet (50+ Mbps, Unlimited Data)

$8.47 ₫222.2K

$84.6 ISK 10.4K

-89.99%

Gym Membership (Monthly)

$19.98 ₫524.2K

Tennis Court (1 Hour on Weekend)

$7.68 ₫201.5K

Cinema Ticket

$3.04 ₫79.7K

$17.39 ISK 2,129

-82.52%

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

$156 ₫4.1M

$319 ISK 39.1K

-51.17%

International Primary School, 1 Child (Yearly)

$12.7K ₫332.0M

$30.4K ISK 3.7M

-58.40%

Jeans (Levis 501 Or Similar)

$39.04 ₫1.0M

$137 ISK 16.8K

-71.51%

Summer Dress (H&M, Zara, etc)

$25.36 ₫665.3K

$62.4 ISK 7,642

-59.37%

Sport Shoes (Adidas, Nike)

$52.7 ₫1.4M

$183 ISK 22.4K

-71.22%

Men's Leather Business Shoes

$76.5 ₫2.0M

$268 ISK 32.9K

-71.49%

1-bedroom Apartment, City Center (Monthly)

$354 ₫9.3M

1-bedroom Apartment, Outside City Center (Monthly)

$247 ₫6.5M

3-bedroom Apartment, City Center (Monthly)

$743 ₫19.5M

3-bedroom Apartment, Outside City Center (Monthly)

$459 ₫12.1M

Buy Apartment in City Center (m2)

$3,867 ₫101.4M

Buy Apartment Outside City Center (m2)

$1,277 ₫33.5M

Average Monthly Net Salary (After Tax)

$324 ₫8.5M

$6,054 ISK 741.2K

-94.65%

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: April 27, 2026

Last update for Drangsnes: April 26, 2026

Cost Breakdown

Salaries run about 1768% 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 $143 in Drangsnes. Monthly groceries follow the same trend: $188 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: $707 in Da Nang, $1,583 in Drangsnes – roughly 124% apart. Drangsnes costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,060 per month in Da Nang and $2,375 in Drangsnes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $707 in Da Nang and $1,583 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 $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 $707, than in Drangsnes at $1,583. 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 $707 in Da Nang to $1,583 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.