Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Hafnarfjordur

For one person, living is cheaper in Da Nang: $889 a month against $3,853 in Hafnarfjordur, rent and utilities included – about $35,600 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
184

Cost of Living Index in Hafnarfjordur
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Hafnarfjordur Living Index

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Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Hafnarfjordur

🇮🇸 Iceland

$3,853

/mo nomad

Monthly Cost of Living

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

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

A single person spends $889 per month in Da Nang vs $3,853 in Hafnarfjordur, rent included.

Da Nang $889
Hafnarfjordur $3,853

A couple spends around $1,426 per month in Da Nang vs $5,410 in Hafnarfjordur, rent included.

Da Nang $1,426
Hafnarfjordur $5,410

A family of three spends $1,963 per month in Da Nang vs $6,967 in Hafnarfjordur, rent included.

Da Nang $1,963
Hafnarfjordur $6,967

Da Nang is about 77% cheaper than Hafnarfjordur, and outside of rent the biggest gap is in eating out.

Da Nang sits 35% below the global median, while Hafnarfjordur is 183% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

$31.04 ISK 3,768

-93.01%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

$125 ISK 15.1K

-84.35%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$16.40 ISK 1,991

-72.38%

Cappuccino

$1.64 ₫42.4K

$6.71 ISK 814

-75.56%

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

$0.60 ₫15.6K

$3.33 ISK 405

-81.98%

Water (0.33 liter bottle)

$0.34 ₫8,901

$3.14 ISK 382

-89.17%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$14.02 ISK 1,703

-90.51%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$12.11 ISK 1,470

-80.51%

Milk (1 liter)

$1.60 ₫41.2K

$1.67 ISK 203

-4.19%

White Bread (500g)

$1.20 ₫31.0K

$4.21 ISK 511

-71.50%

Rice (white) (1kg)

$1.05 ₫27.1K

$3.71 ISK 450

-71.70%

Eggs

$1.52 ₫39.3K

$7.26 ISK 881

-79.06%

Local Cheese (1kg)

$12.82 ₫330.7K

$21.51 ISK 2,611

-40.40%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$24.40 ISK 2,962

-82.91%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$41.76 ISK 5,070

-77.66%

Apples (1kg)

$2.60 ₫67.2K

$3.24 ISK 394

-19.75%

Banana (1kg)

$1.21 ₫31.3K

$2.48 ISK 301

-51.21%

Oranges (1kg)

$1.28 ₫33.1K

$3.19 ISK 388

-59.87%

Tomato (1kg)

$1.57 ₫40.5K

$6.41 ISK 779

-75.51%

Potato (1kg)

$1.20 ₫31.0K

$3.93 ISK 477

-69.47%

Onion (1kg)

$1.31 ₫33.9K

$1.64 ISK 200

-20.12%

Lettuce (1 head)

$1.04 ₫26.9K

$3.69 ISK 448

-71.82%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.82 ISK 221

-73.08%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$14.04 ISK 1,705

-89.25%

Wine (Bottle)

$7.97 ₫205.6K

$24.05 ISK 2,920

-66.86%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$3.53 ISK 428

-73.65%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$3.38 ISK 411

-35.50%

One-way Ticket (Public Transport)

$0.30 ₫7,693

$5.10 ISK 620

-94.12%

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

$85.0 ISK 10.3K

-92.58%

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

$6.92 ISK 840

-84.97%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

$2.84 ISK 345

-79.93%

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

$80.8 ISK 9,811

-76.15%

Gasoline (1 liter)

$0.91 ₫23.4K

$2.00 ISK 243

-54.50%

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

$30.8K ₫795.4M

$68.7K ISK 8.3M

-55.15%

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

$28.4K ₫732.2M

$55.8K ISK 6.8M

-49.11%

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

$78.5 ₫2.0M

$69.4 ISK 8,419

13.25%

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

$6.35 ₫163.9K

$32.65 ISK 3,964

-80.55%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

$85.0 ISK 10.3K

-90.20%

Gym Membership (Monthly)

$27.08 ₫698.6K

$65.1 ISK 7,900

-58.38%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

$17.08 ISK 2,073

-80.27%

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

$423 ₫10.9M

$1,172 ISK 142.3K

-63.90%

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

$25.9K ISK 3.1M

-41.63%

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$125 ISK 15.1K

-63.77%

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

$67.1 ISK 8,150

-58.67%

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$124 ISK 15.1K

-19.11%

Men's Leather Business Shoes

$82.8 ₫2.1M

$246 ISK 29.9K

-66.40%

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

$2,496 ISK 303.1K

-77.84%

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$2,075 ISK 251.8K

-82.21%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

$3,232 ISK 392.3K

-62.01%

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

$2,670 ISK 324.2K

-69.25%

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

$7,011 ISK 851.1K

-44.97%

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

$7,014 ISK 851.6K

-73.24%

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

$4,674 ISK 567.4K

-92.25%

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 Hafnarfjordur: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Hafnarfjordur

$2.1K 53.8% 462% $1.7K

Groceries & Markets

Da Nang

$200 22.5%

Hafnarfjordur

$615 16% 207% $415

Clothing & Footwear

Da Nang

$115 13%

Hafnarfjordur

$253 6.6% 120% $138

Monthly Utilities & Internet

Da Nang

$93 10.5%

Hafnarfjordur

$187 4.9% 101% $94

Eating Out

Da Nang

$66 7.4%

Hafnarfjordur

$498 12.9% 657% $432

Sport & Entertainment

Da Nang

$34 3.8%

Hafnarfjordur

$99 2.6% 194% $65

Getting Around

Da Nang

$11 1.3%

Hafnarfjordur

$127 3.3% 1013% $115

Cost Breakdown

A central one-bedroom costs $553 in Da Nang versus $2,496 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 in Hafnarfjordur are about 13 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20 in Da Nang versus $125 in Hafnarfjordur. Monthly groceries follow the same trend: $200 vs $615 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇸 Hafnarfjordur

🕒 Local time

15:08 3:08 PM

08:08 8:08 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

31,525

💱 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 Hafnarfjordur 10,150 km ≈ 13 h nonstop flight

From you

Da Nang
Hafnarfjordur

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 Hafnarfjordur: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $3,853 in Hafnarfjordur – Da Nang comes out roughly 77% cheaper. 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 $5,780 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: a one-bedroom in the center costs $553 there versus $2,496 in Hafnarfjordur.

Groceries cost about 207% more in Hafnarfjordur, though the gap depends on what you buy.

A mid-range dinner for two costs $20 in Da Nang and $125 in Hafnarfjordur. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Hafnarfjordur at $3,853. In Da Nang it covers expenses comfortably, while in Hafnarfjordur it requires careful planning or may not stretch far enough.

Families tend to lean toward Da Nang – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Da Nang. If higher salaries or specific career opportunities are the priority, Hafnarfjordur makes more sense. Both are solid long-term options with distinct trade-offs.