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

Monthly Cost of Living

A single person spends $707 per month in Da Nang vs $3,564 in Selfoss, rent included.

A couple spends around $1,081 per month in Da Nang vs $2,499 in Selfoss, rent included.

A family of three spends $1,455 per month in Da Nang vs $1,435 in Selfoss, rent included.

Da Nang is about 80% cheaper than Selfoss, driven mainly by Groceries & Markets.

Da Nang sits 47% below the global median, while Selfoss is 166% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.94 ₫50.8K

Three-Course Dinner for Two, Mid-Range

$19.32 ₫506.9K

Fast Food Meal (McDonalds, etc)

$4.69 ₫122.9K

$20.26 ISK 2,481

-76.85%

Cappuccino

$1.57 ₫41.3K

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

$0.54 ₫14.2K

Water (0.33 liter bottle)

$0.29 ₫7,500

Local Beer (0.5 liter draught)

$1.02 ₫26.7K

$12.03 ISK 1,473

-91.52%

Imported Beer (0.33 liter bottle)

$1.68 ₫44.0K

Milk (1 liter)

$1.42 ₫37.2K

$1.74 ISK 213

-18.39%

White Bread (500g)

$1.00 ₫26.4K

$7.26 ISK 889

-86.23%

Rice (white) (1kg)

$1.13 ₫29.5K

$4.53 ISK 555

-75.06%

Eggs

$1.42 ₫37.3K

$6.29 ISK 770

-77.42%

Local Cheese (1kg)

$12.36 ₫324.3K

$16.50 ISK 2,021

-25.09%

Chicken Fillets (1kg)

$3.79 ₫99.3K

$20.92 ISK 2,561

-81.88%

Beef Round Steak (1kg)

$10.17 ₫266.8K

$33.41 ISK 4,091

-69.56%

Apples (1kg)

$2.75 ₫72.3K

$2.70 ISK 331

1.85%

Banana (1kg)

$0.93 ₫24.4K

$2.62 ISK 320

-64.50%

Oranges (1kg)

$1.09 ₫28.5K

$2.57 ISK 314

-57.59%

Tomato (1kg)

$1.09 ₫28.7K

$7.17 ISK 878

-84.80%

Potato (1kg)

$1.11 ₫29.1K

$3.19 ISK 391

-65.20%

Onion (1kg)

$1.20 ₫31.6K

$2.05 ISK 251

-41.46%

Lettuce (1 head)

$1.05 ₫27.5K

$3.52 ISK 431

-70.17%

Water (1.5 liter bottle)

$0.48 ₫12.5K

$1.38 ISK 169

-65.22%

Cigarettes 20 Pack (Marlboro, Camel)

$1.36 ₫35.8K

$14.96 ISK 1,832

-90.91%

Wine (Bottle)

$7.55 ₫198.2K

Local Beer (0.5 liter bottle)

$0.80 ₫20.9K

Imported Beer (0.33 liter bottle)

$1.67 ₫43.7K

$1.15 ISK 140

45.22%

One-way Ticket (Public Transport)

$0.34 ₫9,004

Public Transport Monthly Pass (Regular Price)

$3.78 ₫99.1K

Taxi Start (Normal Tariff)

$0.83 ₫21.8K

Taxi (Normal Tariff) (1km)

$0.70 ₫18.4K

Taxi 1hour Waiting (Normal Tariff)

$11.79 ₫309.2K

Gasoline (1 liter)

$0.92 ₫24.0K

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

$27.2K ₫713.0M

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

$27.9K ₫730.7M

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

$76.4 ₫2.0M

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

$5.81 ₫152.5K

Internet (50+ Mbps, Unlimited Data)

$8.47 ₫222.2K

Gym Membership (Monthly)

$19.98 ₫524.2K

Tennis Court (1 Hour on Weekend)

$7.68 ₫201.5K

Cinema Ticket

$3.04 ₫79.7K

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

$156 ₫4.1M

International Primary School, 1 Child (Yearly)

$12.7K ₫332.0M

Jeans (Levis 501 Or Similar)

$39.04 ₫1.0M

Summer Dress (H&M, Zara, etc)

$25.36 ₫665.3K

Sport Shoes (Adidas, Nike)

$52.7 ₫1.4M

Men's Leather Business Shoes

$76.5 ₫2.0M

1-bedroom Apartment, City Center (Monthly)

$354 ₫9.3M

1-bedroom Apartment, Outside City Center (Monthly)

$247 ₫6.5M

$2,864 ISK 350.7K

-91.37%

3-bedroom Apartment, City Center (Monthly)

$743 ₫19.5M

3-bedroom Apartment, Outside City Center (Monthly)

$459 ₫12.1M

Buy Apartment in City Center (m2)

$3,867 ₫101.4M

Buy Apartment Outside City Center (m2)

$1,277 ₫33.5M

Average Monthly Net Salary (After Tax)

$324 ₫8.5M

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: April 27, 2026

Last update for Selfoss: April 28, 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 Selfoss: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $707 in Da Nang, $3,564 in Selfoss – roughly 404% apart. Selfoss costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,060 per month in Da Nang and $5,346 in Selfoss. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $707 in Da Nang and $3,564 in Selfoss. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 171% more in Selfoss, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$1,200 covers both cities comfortably – all-in costs are $707 in Da Nang and $3,564 in Selfoss, 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 $707 in Da Nang to $3,564 in Selfoss. 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, Selfoss makes more sense. Both are solid long-term options with distinct trade-offs.