Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Egilsstadir

For one person, living is cheaper in Egilsstadir: $622 a month against $889 in Da Nang, rent and utilities included – about $3,200 less a year. Higher rent and utilities in Da Nang outweigh lower spending on other living expenses.

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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

Egilsstadir

🇮🇸 Iceland

$622

/mo nomad

Monthly Cost of Living

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

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

A single person spends $889 per month in Da Nang vs $622 in Egilsstadir, rent included.

Da Nang $889
Egilsstadir $622

A couple spends around $1,426 per month in Da Nang vs $1,036 in Egilsstadir, rent included.

Da Nang $1,426
Egilsstadir $1,036

A family of three spends $1,963 per month in Da Nang vs $1,449 in Egilsstadir, rent included.

Da Nang $1,963
Egilsstadir $1,449

Da Nang costs about 43% more than Egilsstadir, and outside of rent the biggest gap is in transport.

Both Da Nang and Egilsstadir are more affordable than the global median – Da Nang 35% lower, Egilsstadir 54% lower.

Meal at Budget Restaurant

$2.17 ₫56.0K

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

Cappuccino

$1.64 ₫42.4K

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

$0.60 ₫15.6K

Water (0.33 liter bottle)

$0.34 ₫8,901

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

Milk (1 liter)

$1.60 ₫41.2K

$1.66 ISK 202

-3.61%

White Bread (500g)

$1.20 ₫31.0K

$2.80 ISK 340

-57.14%

Rice (white) (1kg)

$1.05 ₫27.1K

$2.47 ISK 299

-57.49%

Eggs

$1.52 ₫39.3K

$5.65 ISK 686

-73.10%

Local Cheese (1kg)

$12.82 ₫330.7K

$22.02 ISK 2,673

-41.78%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$32.21 ISK 3,911

-87.05%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$43.35 ISK 5,263

-78.48%

Apples (1kg)

$2.60 ₫67.2K

$2.74 ISK 333

-5.11%

Banana (1kg)

$1.21 ₫31.3K

$2.40 ISK 292

-49.58%

Oranges (1kg)

$1.28 ₫33.1K

$2.53 ISK 307

-49.41%

Tomato (1kg)

$1.57 ₫40.5K

$3.87 ISK 470

-59.43%

Potato (1kg)

$1.20 ₫31.0K

$4.47 ISK 542

-73.15%

Onion (1kg)

$1.31 ₫33.9K

$2.12 ISK 258

-38.21%

Lettuce (1 head)

$1.04 ₫26.9K

$2.14 ISK 260

-51.40%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$2.23 ISK 270

-78.03%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

Wine (Bottle)

$7.97 ₫205.6K

$22.37 ISK 2,716

-64.37%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$3.95 ISK 479

-76.46%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$3.48 ISK 423

-37.36%

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

$6.21 ISK 754

-83.25%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

Gasoline (1 liter)

$0.91 ₫23.4K

$2.40 ISK 292

-62.08%

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

$30.8K ₫795.4M

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

$28.4K ₫732.2M

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

$78.5 ₫2.0M

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

$6.35 ₫163.9K

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

Gym Membership (Monthly)

$27.08 ₫698.6K

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

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

$423 ₫10.9M

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

Men's Leather Business Shoes

$82.8 ₫2.1M

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

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

Last update for Da Nang: October 25, 2026

Last update for Egilsstadir: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Egilsstadir

–

Groceries & Markets

Da Nang

$200 22.5%

Egilsstadir

–

Clothing & Footwear

Da Nang

$115 13%

Egilsstadir

–

Monthly Utilities & Internet

Da Nang

$93 10.5%

Egilsstadir

–

Eating Out

Da Nang

$66 7.4%

Egilsstadir

–

Sport & Entertainment

Da Nang

$34 3.8%

Egilsstadir

–

Getting Around

Da Nang

$11 1.3%

Egilsstadir

–

Good to know

🇻🇳 Da Nang

🇮🇸 Egilsstadir

🕒 Local time

16:01 4:01 PM

09:01 9:01 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

2,500

💱 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 Egilsstadir 9,790 km ≈ 13 h nonstop flight

From you

Da Nang
Egilsstadir

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 Egilsstadir: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $622 in Egilsstadir – Egilsstadir comes out roughly 30% cheaper. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $1,333 per month in Da Nang and $934 in Egilsstadir. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $889 in Da Nang and $622 in Egilsstadir. That makes Egilsstadir about 30% cheaper.

Interestingly, groceries are about 68% cheaper in Da Nang – one category where the pricier city actually offers better value.

$1,000 covers both cities comfortably – all-in costs are $889 in Da Nang and $622 in Egilsstadir, leaving budget for savings and extras in both cases.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $622 in Egilsstadir to $889 in Da Nang. 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.