Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Selfoss

For one person, living is cheaper in Da Nang: $889 a month against $3,416 in Selfoss, rent and utilities included – about $30,300 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Da Nang
Learn more

Da Nang Living Index

Jump to prices

Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Selfoss

🇮🇸 Iceland

$3,416

/mo nomad

Monthly Cost of Living

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

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

A single person spends $889 per month in Da Nang vs $3,416 in Selfoss, rent included.

Da Nang $889
Selfoss $3,416

A couple spends around $1,426 per month in Da Nang vs $2,439 in Selfoss, rent included.

Da Nang $1,426
Selfoss $2,439

A family of three spends $1,963 per month in Da Nang vs $1,461 in Selfoss, rent included.

Da Nang $1,963
Selfoss $1,461

Da Nang is about 74% cheaper than Selfoss, and outside of rent the biggest gap is in groceries.

Da Nang sits 35% below the global median, while Selfoss is 151% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$20.39 ISK 2,475

-77.78%

Cappuccino

$1.64 ₫42.4K

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

$0.60 ₫15.6K

Water (0.33 liter bottle)

$0.34 ₫8,901

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$12.18 ISK 1,478

-89.08%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

Milk (1 liter)

$1.60 ₫41.2K

$1.77 ISK 215

-9.60%

White Bread (500g)

$1.20 ₫31.0K

$7.65 ISK 929

-84.31%

Rice (white) (1kg)

$1.05 ₫27.1K

$4.55 ISK 552

-76.92%

Eggs

$1.52 ₫39.3K

$6.49 ISK 787

-76.58%

Local Cheese (1kg)

$12.82 ₫330.7K

$17.25 ISK 2,094

-25.68%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$21.56 ISK 2,617

-80.66%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$33.60 ISK 4,078

-72.23%

Apples (1kg)

$2.60 ₫67.2K

$2.83 ISK 343

-8.13%

Banana (1kg)

$1.21 ₫31.3K

$2.70 ISK 328

-55.19%

Oranges (1kg)

$1.28 ₫33.1K

$2.72 ISK 330

-52.94%

Tomato (1kg)

$1.57 ₫40.5K

$7.25 ISK 880

-78.34%

Potato (1kg)

$1.20 ₫31.0K

$3.24 ISK 394

-62.96%

Onion (1kg)

$1.31 ₫33.9K

$2.07 ISK 252

-36.71%

Lettuce (1 head)

$1.04 ₫26.9K

$3.70 ISK 449

-71.89%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.34 ISK 163

-63.43%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$15.61 ISK 1,895

-90.33%

Wine (Bottle)

$7.97 ₫205.6K

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$1.15 ISK 140

89.57%

One-way Ticket (Public Transport)

$0.30 ₫7,693

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

Gasoline (1 liter)

$0.91 ₫23.4K

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

$30.8K ₫795.4M

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

$28.4K ₫732.2M

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

$78.5 ₫2.0M

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

$6.35 ₫163.9K

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

Gym Membership (Monthly)

$27.08 ₫698.6K

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

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

$423 ₫10.9M

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

Men's Leather Business Shoes

$82.8 ₫2.1M

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$2,771 ISK 336.4K

-86.68%

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 ₫99.5M

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

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

Last update for Da Nang: October 25, 2026

Last update for Selfoss: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Selfoss

–

Groceries & Markets

Da Nang

$200 22.5%

Selfoss

–

Clothing & Footwear

Da Nang

$115 13%

Selfoss

–

Monthly Utilities & Internet

Da Nang

$93 10.5%

Selfoss

–

Eating Out

Da Nang

$66 7.4%

Selfoss

–

Sport & Entertainment

Da Nang

$34 3.8%

Selfoss

–

Getting Around

Da Nang

$11 1.3%

Selfoss

–

Good to know

🇻🇳 Da Nang

🇮🇸 Selfoss

🕒 Local time

15:00 3:00 PM

08:00 8:00 AM

7 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

9,000

💱 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 = 28,794 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 Selfoss 10,120 km ≈ 13 h nonstop flight

From you

Da Nang
Selfoss

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 Selfoss: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $3,416 in Selfoss – Da Nang comes out roughly 74% 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 $5,124 in Selfoss. 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 $3,416 in Selfoss. That makes Da Nang about 74% cheaper.

Groceries cost about 162% more in Selfoss, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Selfoss at $3,416. In Da Nang it covers expenses comfortably, while in Selfoss 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 $3,416 in Selfoss. 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.