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

Monthly Cost of Living

A single person spends $868 per month in Da Nang vs $3,883 in Hafnarfjordur, rent included.

A couple spends around $1,419 per month in Da Nang vs $5,451 in Hafnarfjordur, rent included.

A family of three spends $1,970 per month in Da Nang vs $7,020 in Hafnarfjordur, rent included.

Da Nang is about 78% cheaper than Hafnarfjordur, driven mainly by Groceries & Markets.

Da Nang sits 37% below the global median, while Hafnarfjordur is 184% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.35 ₫61.1K

$29.94 ISK 3,646

-92.15%

Three-Course Dinner for Two, Mid-Range

$19.28 ₫501.2K

$138 ISK 16.8K

-86.02%

Fast Food Meal (McDonalds, etc)

$4.71 ₫122.5K

$16.77 ISK 2,043

-71.91%

Cappuccino

$1.80 ₫46.8K

$6.76 ISK 824

-73.37%

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

$0.69 ₫18.0K

$3.40 ISK 414

-79.71%

Water (0.33 liter bottle)

$0.32 ₫8,201

$3.19 ISK 389

-89.97%

Local Beer (0.5 liter draught)

$1.31 ₫34.0K

$14.25 ISK 1,735

-90.81%

Imported Beer (0.33 liter bottle)

$2.30 ₫59.7K

$12.40 ISK 1,510

-81.45%

Milk (1 liter)

$1.50 ₫38.9K

$1.71 ISK 209

-12.28%

White Bread (500g)

$1.25 ₫32.5K

$4.27 ISK 521

-70.73%

Rice (white) (1kg)

$1.05 ₫27.3K

$3.68 ISK 448

-71.47%

Eggs

$1.52 ₫39.6K

$7.36 ISK 896

-79.35%

Local Cheese (1kg)

$13.04 ₫339.0K

$21.02 ISK 2,560

-37.96%

Chicken Fillets (1kg)

$4.05 ₫105.4K

$25.05 ISK 3,051

-83.83%

Beef Round Steak (1kg)

$9.26 ₫240.7K

$42.64 ISK 5,193

-78.28%

Apples (1kg)

$2.60 ₫67.5K

$3.36 ISK 410

-22.62%

Banana (1kg)

$1.10 ₫28.7K

$2.49 ISK 303

-55.82%

Oranges (1kg)

$1.29 ₫33.5K

$3.21 ISK 391

-59.81%

Tomato (1kg)

$1.40 ₫36.3K

$6.43 ISK 783

-78.23%

Potato (1kg)

$1.13 ₫29.5K

$3.98 ISK 484

-71.61%

Onion (1kg)

$1.22 ₫31.8K

$1.65 ISK 201

-26.06%

Lettuce (1 head)

$1.01 ₫26.3K

$3.79 ISK 461

-73.35%

Water (1.5 liter bottle)

$0.52 ₫13.6K

$1.82 ISK 221

-71.43%

Cigarettes 20 Pack (Marlboro, Camel)

$1.57 ₫40.7K

$14.15 ISK 1,724

-88.90%

Wine (Bottle)

$7.48 ₫194.5K

$23.99 ISK 2,922

-68.82%

Local Beer (0.5 liter bottle)

$0.83 ₫21.5K

$3.86 ISK 471

-78.50%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.6K

$3.45 ISK 421

-36.81%

One-way Ticket (Public Transport)

$0.32 ₫8,196

$5.33 ISK 649

-94.00%

Public Transport Monthly Pass (Regular Price)

$5.04 ₫131.0K

$85.0 ISK 10.4K

-94.07%

Taxi Start (Normal Tariff)

$1.04 ₫26.9K

$6.72 ISK 818

-84.52%

Taxi (Normal Tariff) (1km)

$0.62 ₫16.0K

$2.80 ISK 341

-77.86%

Taxi 1hour Waiting (Normal Tariff)

$19.13 ₫497.2K

$73.9 ISK 8,997

-74.10%

Gasoline (1 liter)

$0.83 ₫21.6K

$1.93 ISK 235

-56.99%

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

$30.8K ₫799.4M

$50.3K ISK 6.1M

-38.87%

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

$28.4K ₫737.7M

$53.7K ISK 6.5M

-47.18%

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

$88.5 ₫2.3M

$68.8 ISK 8,382

28.65%

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

$6.00 ₫155.9K

$33.41 ISK 4,070

-82.04%

Internet (50+ Mbps, Unlimited Data)

$7.95 ₫206.6K

$84.7 ISK 10.3K

-90.62%

Gym Membership (Monthly)

$22.83 ₫593.6K

$66.2 ISK 8,067

-65.53%

Tennis Court (1 Hour on Weekend)

$5.41 ₫140.6K

Cinema Ticket

$3.13 ₫81.3K

$16.76 ISK 2,042

-81.32%

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

$163 ₫4.2M

$1,190 ISK 145.0K

-86.32%

International Primary School, 1 Child (Yearly)

$15.3K ₫397.1M

$31.5K ISK 3.8M

-51.51%

Jeans (Levis 501 Or Similar)

$44.57 ₫1.2M

$124 ISK 15.1K

-64.00%

Summer Dress (H&M, Zara, etc)

$27.95 ₫726.6K

$66.9 ISK 8,152

-58.24%

Sport Shoes (Adidas, Nike)

$100 ₫2.6M

$122 ISK 14.8K

-17.58%

Men's Leather Business Shoes

$80.2 ₫2.1M

$254 ISK 31.0K

-68.46%

1-bedroom Apartment, City Center (Monthly)

$535 ₫13.9M

$2,445 ISK 297.8K

-78.13%

1-bedroom Apartment, Outside City Center (Monthly)

$342 ₫8.9M

$2,055 ISK 250.4K

-83.35%

3-bedroom Apartment, City Center (Monthly)

$1,025 ₫26.6M

$3,353 ISK 408.4K

-69.44%

3-bedroom Apartment, Outside City Center (Monthly)

$787 ₫20.4M

$2,683 ISK 326.7K

-70.68%

Buy Apartment in City Center (m2)

$3,825 ₫99.5M

$7,113 ISK 866.4K

-46.22%

Buy Apartment Outside City Center (m2)

$1,283 ₫33.4M

$7,146 ISK 870.4K

-82.05%

Average Monthly Net Salary (After Tax)

$360 ₫9.3M

$4,674 ISK 569.3K

-92.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

8.88

20.72%

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

Last update for Da Nang: September 12, 2026

Last update for Hafnarfjordur: September 13, 2026

Cost Breakdown

A central one-bedroom costs $535 in Da Nang versus $2,445 in Hafnarfjordur. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 1200% higher in Hafnarfjordur, 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 $138 in Hafnarfjordur. Monthly groceries follow the same trend: $196 vs $623 – 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 Hafnarfjordur: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $868 in Da Nang, $3,883 in Hafnarfjordur – roughly 347% apart. Hafnarfjordur costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,302 per month in Da Nang and $5,824 in Hafnarfjordur. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 218% more in Hafnarfjordur, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $19.00 in Da Nang and $138 in Hafnarfjordur. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $868, than in Hafnarfjordur at $3,883. In Da Nang it covers expenses comfortably, while in Hafnarfjordur 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 $868 in Da Nang to $3,883 in Hafnarfjordur. 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, Hafnarfjordur makes more sense. Both are solid long-term options with distinct trade-offs.