Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Keflavik

For one person, living is cheaper in Da Nang: $889 a month against $3,018 in Keflavik, rent and utilities included – about $25,500 less a year. Rent and utilities account for about half of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
145

Cost of Living Index in Keflavik
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Keflavik Living Index

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Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Keflavik

🇮🇸 Iceland

$3,018

/mo nomad

Monthly Cost of Living

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

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

A single person spends $889 per month in Da Nang vs $3,018 in Keflavik, rent included.

Da Nang $889
Keflavik $3,018

A couple spends around $1,426 per month in Da Nang vs $4,529 in Keflavik, rent included.

Da Nang $1,426
Keflavik $4,529

A family of three spends $1,963 per month in Da Nang vs $6,041 in Keflavik, rent included.

Da Nang $1,963
Keflavik $6,041

Da Nang is about 71% cheaper than Keflavik, and outside of rent the biggest gap is in groceries.

Da Nang sits 35% below the global median, while Keflavik is 122% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

$24.11 ISK 2,927

-91.00%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

$121 ISK 14.7K

-83.88%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$20.25 ISK 2,458

-77.63%

Cappuccino

$1.64 ₫42.4K

$4.22 ISK 513

-61.14%

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

$0.60 ₫15.6K

$3.36 ISK 408

-82.14%

Water (0.33 liter bottle)

$0.34 ₫8,901

$3.03 ISK 368

-88.78%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$8.25 ISK 1,001

-83.88%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$8.15 ISK 990

-71.04%

Milk (1 liter)

$1.60 ₫41.2K

$2.11 ISK 256

-24.17%

White Bread (500g)

$1.20 ₫31.0K

$4.21 ISK 512

-71.50%

Rice (white) (1kg)

$1.05 ₫27.1K

$2.50 ISK 303

-58.00%

Eggs

$1.52 ₫39.3K

$6.55 ISK 796

-76.79%

Local Cheese (1kg)

$12.82 ₫330.7K

$19.70 ISK 2,391

-34.92%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$23.90 ISK 2,902

-82.55%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$41.71 ISK 5,063

-77.63%

Apples (1kg)

$2.60 ₫67.2K

$2.44 ISK 296

6.56%

Banana (1kg)

$1.21 ₫31.3K

$2.41 ISK 292

-49.79%

Oranges (1kg)

$1.28 ₫33.1K

$2.50 ISK 303

-48.80%

Tomato (1kg)

$1.57 ₫40.5K

$4.16 ISK 504

-62.26%

Potato (1kg)

$1.20 ₫31.0K

$3.12 ISK 378

-61.54%

Onion (1kg)

$1.31 ₫33.9K

$1.64 ISK 199

-20.12%

Lettuce (1 head)

$1.04 ₫26.9K

$3.62 ISK 440

-71.27%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.81 ISK 219

-72.93%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$13.85 ISK 1,681

-89.10%

Wine (Bottle)

$7.97 ₫205.6K

$16.32 ISK 1,981

-51.16%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$3.73 ISK 453

-75.07%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$2.81 ISK 341

-22.42%

One-way Ticket (Public Transport)

$0.30 ₫7,693

$3.68 ISK 447

-91.85%

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

$77.2 ISK 9,366

-91.82%

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

$6.35 ISK 771

-83.62%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

$2.59 ISK 314

-77.99%

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

$80.2 ISK 9,738

-75.98%

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

$68.2K ISK 8.3M

-54.78%

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

$28.4K ₫732.2M

$55.2K ISK 6.7M

-48.59%

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

$78.5 ₫2.0M

$95.8 ISK 11.6K

-17.98%

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

$6.35 ₫163.9K

$32.13 ISK 3,900

-80.24%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

$84.5 ISK 10.3K

-90.14%

Gym Membership (Monthly)

$27.08 ₫698.6K

$76.7 ISK 9,316

-64.71%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

$19.58 ISK 2,377

-82.79%

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

$423 ₫10.9M

$406 ISK 49.3K

4.26%

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

$26.4K ISK 3.2M

-42.84%

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$148 ISK 18.0K

-69.51%

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

$66.8 ISK 8,104

-58.43%

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$184 ISK 22.4K

-45.43%

Men's Leather Business Shoes

$82.8 ₫2.1M

$190 ISK 23.1K

-56.40%

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

$1,862 ISK 226.0K

-70.29%

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$1,359 ISK 165.0K

-72.85%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

$2,527 ISK 306.7K

-51.41%

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

$2,040 ISK 247.7K

-59.76%

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

$3,819 ISK 463.6K

-90.51%

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 Keflavik: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Keflavik

$1.4K 45% 268% $990

Groceries & Markets

Da Nang

$200 22.5%

Keflavik

$566 18.8% 183% $366

Clothing & Footwear

Da Nang

$115 13%

Keflavik

$265 8.8% 130% $150

Monthly Utilities & Internet

Da Nang

$93 10.5%

Keflavik

$212 7% 128% $119

Eating Out

Da Nang

$66 7.4%

Keflavik

$387 12.8% 488% $322

Sport & Entertainment

Da Nang

$34 3.8%

Keflavik

$116 3.8% 243% $82

Getting Around

Da Nang

$11 1.3%

Keflavik

$111 3.7% 878% $100

Cost Breakdown

A central one-bedroom costs $553 in Da Nang versus $1,862 in Keflavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Keflavik are about 11 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20 in Da Nang versus $121 in Keflavik. Monthly groceries follow the same trend: $200 vs $566 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇸 Keflavik

🕒 Local time

11:47 11:47 AM

04:47 4:47 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

15,000

💱 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 = 28,810 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 = 136 ISK (1,000 ISK = 7.38 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Keflavik 10,180 km ≈ 13 h nonstop flight

From you

Da Nang
Keflavik

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 Keflavik: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $3,018 in Keflavik – Da Nang comes out roughly 71% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,333 per month in Da Nang and $4,526 in Keflavik. 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 $1,862 in Keflavik.

Groceries cost about 183% more in Keflavik, though the gap depends on what you buy.

A mid-range dinner for two costs $20 in Da Nang and $121 in Keflavik. 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 Keflavik at $3,018. In Da Nang it covers expenses comfortably, while in Keflavik 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 $3,018 in Keflavik. 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.

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