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

Monthly Cost of Living

A single person spends $720 per month in Da Nang vs $610 in Egilsstadir, rent included.

A couple spends around $1,104 per month in Da Nang vs $998 in Egilsstadir, rent included.

A family of three spends $1,488 per month in Da Nang vs $1,385 in Egilsstadir, rent included.

Da Nang costs about 18% more than Egilsstadir, driven mainly by Groceries & Markets.

Both Da Nang and Egilsstadir are more affordable than the global median – Da Nang 46% lower, Egilsstadir 54% lower.

Meal at Budget Restaurant

$1.97 ₫51.8K

Three-Course Dinner for Two, Mid-Range

$18.92 ₫497.2K

Fast Food Meal (McDonalds, etc)

$4.60 ₫120.8K

Cappuccino

$1.63 ₫42.9K

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

$0.50 ₫13.1K

Water (0.33 liter bottle)

$0.29 ₫7,495

Local Beer (0.5 liter draught)

$1.02 ₫26.9K

Imported Beer (0.33 liter bottle)

$1.60 ₫42.0K

Milk (1 liter)

$1.43 ₫37.5K

$1.70 ISK 210

-15.88%

White Bread (500g)

$1.02 ₫26.9K

$2.81 ISK 346

-63.70%

Rice (white) (1kg)

$1.15 ₫30.3K

$2.35 ISK 290

-51.06%

Eggs

$1.42 ₫37.4K

$5.69 ISK 702

-75.04%

Local Cheese (1kg)

$12.25 ₫321.8K

$21.65 ISK 2,669

-43.42%

Chicken Fillets (1kg)

$3.63 ₫95.5K

$31.15 ISK 3,840

-88.35%

Beef Round Steak (1kg)

$10.13 ₫266.3K

$43.53 ISK 5,368

-76.73%

Apples (1kg)

$2.75 ₫72.2K

$2.61 ISK 322

5.36%

Banana (1kg)

$1.00 ₫26.2K

$2.47 ISK 305

-59.51%

Oranges (1kg)

$1.09 ₫28.6K

$2.42 ISK 299

-54.96%

Tomato (1kg)

$1.07 ₫28.1K

$3.73 ISK 460

-71.31%

Potato (1kg)

$1.13 ₫29.8K

$4.45 ISK 549

-74.61%

Onion (1kg)

$1.15 ₫30.2K

$2.08 ISK 257

-44.71%

Lettuce (1 head)

$1.04 ₫27.4K

$2.16 ISK 266

-51.85%

Water (1.5 liter bottle)

$0.48 ₫12.6K

$2.22 ISK 274

-78.38%

Cigarettes 20 Pack (Marlboro, Camel)

$1.36 ₫35.7K

Wine (Bottle)

$7.71 ₫202.5K

$21.56 ISK 2,658

-64.24%

Local Beer (0.5 liter bottle)

$0.86 ₫22.7K

$3.82 ISK 471

-77.49%

Imported Beer (0.33 liter bottle)

$1.66 ₫43.7K

$3.28 ISK 405

-49.39%

One-way Ticket (Public Transport)

$0.32 ₫8,325

Public Transport Monthly Pass (Regular Price)

$3.92 ₫103.0K

Taxi Start (Normal Tariff)

$0.90 ₫23.6K

Taxi (Normal Tariff) (1km)

$0.69 ₫18.0K

Taxi 1hour Waiting (Normal Tariff)

$11.67 ₫306.7K

Gasoline (1 liter)

$0.89 ₫23.4K

$2.56 ISK 316

-65.23%

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

$26.8K ₫705.1M

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

$28.1K ₫738.4M

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

$74.3 ₫2.0M

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

$5.71 ₫150.1K

Internet (50+ Mbps, Unlimited Data)

$8.07 ₫212.1K

Gym Membership (Monthly)

$20.37 ₫535.3K

Tennis Court (1 Hour on Weekend)

$7.65 ₫201.0K

Cinema Ticket

$3.11 ₫81.6K

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

$156 ₫4.1M

International Primary School, 1 Child (Yearly)

$12.7K ₫333.9M

Jeans (Levis 501 Or Similar)

$38.62 ₫1.0M

Summer Dress (H&M, Zara, etc)

$26.00 ₫683.1K

Sport Shoes (Adidas, Nike)

$52.7 ₫1.4M

Men's Leather Business Shoes

$75.8 ₫2.0M

1-bedroom Apartment, City Center (Monthly)

$360 ₫9.5M

1-bedroom Apartment, Outside City Center (Monthly)

$249 ₫6.5M

3-bedroom Apartment, City Center (Monthly)

$727 ₫19.1M

3-bedroom Apartment, Outside City Center (Monthly)

$459 ₫12.0M

Buy Apartment in City Center (m2)

$3,870 ₫101.7M

Buy Apartment Outside City Center (m2)

$1,283 ₫33.7M

Average Monthly Net Salary (After Tax)

$353 ₫9.3M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.67

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

Last update for Da Nang: May 30, 2026

Last update for Egilsstadir: May 31, 2026

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: $720 in Da Nang, $610 in Egilsstadir – roughly 18% apart. Da Nang costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,080 per month in Da Nang and $915 in Egilsstadir. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $720 in Da Nang and $610 in Egilsstadir. The difference isn't just one category – it shows up across housing, food, transport, and services.

Interestingly, groceries are about 222% cheaper in Da Nang – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

$1,000 covers both cities comfortably – all-in costs are $720 in Da Nang and $610 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 $610 in Egilsstadir to $720 in Da Nang. 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 Egilsstadir. If higher salaries, better infrastructure, or specific career opportunities are the priority, Da Nang makes more sense. Both are solid long-term options with distinct trade-offs.