Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Grundarfjordur

For one person, living is cheaper in Da Nang: $889 a month against $1,713 in Grundarfjordur, rent and utilities included – about $9,900 less a year. The total is higher in Grundarfjordur despite lower rent and utilities.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
83

Cost of Living Index in Grundarfjordur
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Grundarfjordur Living Index

Jump to prices

Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Grundarfjordur

🇮🇸 Iceland

$1,713

/mo nomad

Monthly Cost of Living

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

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

A single person spends $889 per month in Da Nang vs $1,713 in Grundarfjordur, rent included.

Da Nang $889
Grundarfjordur $1,713

A couple spends around $1,426 per month in Da Nang vs $2,918 in Grundarfjordur, rent included.

Da Nang $1,426
Grundarfjordur $2,918

A family of three spends $1,963 per month in Da Nang vs $4,122 in Grundarfjordur, rent included.

Da Nang $1,963
Grundarfjordur $4,122

Da Nang is about 48% cheaper than Grundarfjordur, and outside of rent the biggest gap is in eating out.

Da Nang sits 35% below the global median, while Grundarfjordur is 26% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.1K

$30.53 ISK 3,720

-92.89%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.6K

$124 ISK 15.1K

-84.27%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.1K

$27.06 ISK 3,298

-83.26%

Cappuccino

$1.64 ₫42.4K

$6.61 ISK 805

-75.19%

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

$0.60 ₫15.6K

$3.34 ISK 407

-82.04%

Water (0.33 liter bottle)

$0.34 ₫8,912

$3.03 ISK 370

-88.78%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$14.17 ISK 1,726

-90.61%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$12.21 ISK 1,488

-80.67%

Milk (1 liter)

$1.60 ₫41.2K

$2.09 ISK 255

-23.44%

White Bread (500g)

$1.20 ₫31.1K

$4.11 ISK 501

-70.80%

Rice (white) (1kg)

$1.05 ₫27.1K

$3.73 ISK 455

-71.85%

Eggs

$1.52 ₫39.4K

$6.93 ISK 845

-78.07%

Local Cheese (1kg)

$12.82 ₫331.1K

$21.76 ISK 2,651

-41.08%

Chicken Fillets (1kg)

$4.17 ₫107.6K

$24.62 ISK 2,999

-83.06%

Beef Round Steak (1kg)

$9.33 ₫240.9K

$42.23 ISK 5,145

-77.91%

Apples (1kg)

$2.60 ₫67.3K

$3.31 ISK 403

-21.45%

Banana (1kg)

$1.21 ₫31.4K

$2.77 ISK 337

-56.32%

Oranges (1kg)

$1.28 ₫33.1K

$3.16 ISK 385

-59.49%

Tomato (1kg)

$1.57 ₫40.6K

$6.32 ISK 770

-75.16%

Potato (1kg)

$1.20 ₫31.0K

$4.01 ISK 488

-70.07%

Onion (1kg)

$1.31 ₫33.9K

$1.65 ISK 201

-20.61%

Lettuce (1 head)

$1.04 ₫26.9K

$3.84 ISK 467

-72.92%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.77 ISK 216

-72.32%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$14.16 ISK 1,725

-89.34%

Wine (Bottle)

$7.97 ₫205.9K

$23.44 ISK 2,856

-66.00%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$3.69 ISK 450

-74.80%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.4K

$3.48 ISK 424

-37.36%

One-way Ticket (Public Transport)

$0.30 ₫7,702

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.9K

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

$6.59 ISK 802

-84.22%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

$2.80 ISK 341

-79.64%

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.7K

$80.5 ISK 9,808

-76.06%

Gasoline (1 liter)

$0.91 ₫23.5K

$2.10 ISK 256

-56.67%

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

$30.8K ₫796.3M

$68.8K ISK 8.4M

-55.17%

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

$28.4K ₫733.1M

$55.0K ISK 6.7M

-48.44%

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

$78.5 ₫2.0M

$97.0 ISK 11.8K

-19.04%

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

$6.35 ₫164.1K

$32.92 ISK 4,011

-80.71%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫215.2K

$86.2 ISK 10.5K

-90.34%

Gym Membership (Monthly)

$27.08 ₫699.4K

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.4K

Cinema Ticket

$3.37 ₫87.0K

$19.36 ISK 2,359

-82.59%

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

$423 ₫10.9M

$1,182 ISK 144.0K

-64.20%

International Primary School, 1 Child (Yearly)

$15.1K ₫390.0M

$26.3K ISK 3.2M

-42.67%

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$148 ISK 18.0K

-69.45%

Summer Dress (H&M, Zara, etc)

$27.75 ₫717.0K

$66.1 ISK 8,059

-58.04%

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$185 ISK 22.5K

-45.60%

Men's Leather Business Shoes

$82.8 ₫2.1M

$247 ISK 30.1K

-66.47%

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 ₫99.6M

Buy Apartment Outside City Center (m2)

$1,877 ₫48.5M

$1,098 ISK 133.8K

71.00%

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

8.81

21.68%

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

Last update for Da Nang: October 25, 2026

Last update for Grundarfjordur: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Grundarfjordur

- * 0% 100%

Groceries & Markets

Da Nang

$200 22.5%

Grundarfjordur

$621 36.3% 211% $421

Clothing & Footwear

Da Nang

$115 13%

Grundarfjordur

$291 17% 152% $175

Monthly Utilities & Internet

Da Nang

$93 10.5%

Grundarfjordur

$216 12.6% 132% $123

Eating Out

Da Nang

$66 7.4%

Grundarfjordur

$525 30.7% 698% $460

Sport & Entertainment

Da Nang

$34 3.8%

Grundarfjordur

$39 * 2.3% 14.5% $4.9

Getting Around

Da Nang

$11 1.3%

Grundarfjordur

$21 * 1.2% 81.1% $9.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $20 in Da Nang versus $124 in Grundarfjordur. Monthly groceries follow the same trend: $200 vs $621 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇸 Grundarfjordur

🕒 Local time

22:12 10:12 PM

15:12 3:12 PM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

800

💱 Currency

Vietnamese Dong VND ₫

Icelandic Króna ISK kr

📈 Exchange rate

100,000 VND = 3.87 USD

100,000 VND = 3.48 EUR

1,000 ISK = 8.21 USD

1,000 ISK = 7.37 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 October 28, 2026: 1 USD = 25,832 VND (100,000 VND = 3.87 USD). 1 EUR = 28,750 VND (100,000 VND = 3.48 EUR).

Icelandic Króna exchange rates as of October 28, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 136 ISK (1,000 ISK = 7.37 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Grundarfjordur 10,130 km ≈ 13 h nonstop flight

From you

Da Nang
Grundarfjordur

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 Grundarfjordur: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $1,713 in Grundarfjordur – roughly 93% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $1,333 per month in Da Nang and $2,570 in Grundarfjordur. 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 $1,713 in Grundarfjordur. That’s a gap of about 93%.

Kindergarten costs $423 per month in Da Nang and $1,182 in Grundarfjordur. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Grundarfjordur at $1,713. In Da Nang it covers expenses comfortably, while in Grundarfjordur 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 $889 in Da Nang to $1,713 in Grundarfjordur. 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.