Last update: Oct 2026

Cost of Living Comparison Between Drangsnes and Chiang Mai

For one person, living is cheaper in Chiang Mai: $938 a month against $1,712 in Drangsnes, rent and utilities included – about $9,300 less a year. The total is higher in Drangsnes despite lower rent and utilities.

84

Cost of Living Index in Drangsnes
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Drangsnes Living Index
45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Drangsnes

🇮🇸 Iceland

$1,712

/mo nomad

Chiang Mai

🇹🇭 Thailand

$938

/mo nomad

Monthly Cost of Living

How much you'll spend in Drangsnes and in Chiang Mai

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Drangsnes and in Chiang Mai actually costs, broken down by who's living it.

A single person spends $1,712 per month in Drangsnes vs $938 in Chiang Mai, rent included.

Drangsnes $1,712
Chiang Mai $938

A couple spends around $2,910 per month in Drangsnes vs $1,426 in Chiang Mai, rent included.

Drangsnes $2,910
Chiang Mai $1,426

A family of three spends $4,109 per month in Drangsnes vs $1,914 in Chiang Mai, rent included.

Drangsnes $4,109
Chiang Mai $1,914

Drangsnes costs about 82% more than Chiang Mai, and outside of rent the biggest gap is in eating out.

Drangsnes sits 27% above the global median, while Chiang Mai is 30% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.53 ISK 3,703

$2.26 ฿75.4

1250.88%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$19.18 ฿641

534.10%

Fast Food Meal (McDonalds, etc)

$27.37 ISK 3,320

$5.59 ฿187

389.62%

Cappuccino

$6.65 ISK 806

$1.72 ฿57.6

286.63%

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

$3.40 ISK 412

$0.64 ฿21.54

431.25%

Water (0.33 liter bottle)

$3.02 ISK 366

$0.33 ฿11.18

815.15%

Local Beer (0.5 liter draught)

$14.04 ISK 1,703

$2.36 ฿78.7

494.92%

Imported Beer (0.33 liter bottle)

$12.40 ISK 1,504

$3.90 ฿130

217.95%

Milk (1 liter)

$2.10 ISK 255

$2.05 ฿68.6

2.44%

White Bread (500g)

$4.32 ISK 523

$1.40 ฿46.70

208.57%

Rice (white) (1kg)

$3.65 ISK 443

$1.28 ฿42.89

185.16%

Eggs

$6.97 ISK 845

$2.25 ฿75.3

209.78%

Local Cheese (1kg)

$21.84 ISK 2,649

$16.94 ฿566

28.93%

Chicken Fillets (1kg)

$24.20 ISK 2,935

$2.74 ฿91.6

783.21%

Beef Round Steak (1kg)

$41.38 ISK 5,019

$9.36 ฿313

342.09%

Apples (1kg)

$3.35 ISK 406

$2.40 ฿80.3

39.58%

Banana (1kg)

$2.78 ISK 337

$1.01 ฿33.92

175.25%

Oranges (1kg)

$3.27 ISK 397

$1.61 ฿53.9

103.11%

Tomato (1kg)

$6.43 ISK 780

$1.52 ฿50.7

323.03%

Potato (1kg)

$3.81 ISK 462

$1.28 ฿42.90

197.66%

Onion (1kg)

$1.63 ISK 198

$1.11 ฿37.22

46.85%

Lettuce (1 head)

$3.82 ISK 463

$0.72 ฿24.09

430.56%

Water (1.5 liter bottle)

$1.81 ISK 219

$0.52 ฿17.54

248.08%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 ISK 1,713

$4.33 ฿145

226.10%

Wine (Bottle)

$23.60 ISK 2,862

$17.73 ฿593

33.11%

Local Beer (0.5 liter bottle)

$3.69 ISK 447

$1.63 ฿54.4

126.38%

Imported Beer (0.33 liter bottle)

$3.33 ISK 403

$2.85 ฿95.3

16.84%

One-way Ticket (Public Transport)

$0.85 ฿28.31

Public Transport Monthly Pass (Regular Price)

$53.9 ฿1,801

Taxi Start (Normal Tariff)

$6.66 ISK 808

$1.17 ฿39.18

469.23%

Taxi (Normal Tariff) (1km)

$2.91 ISK 353

$0.57 ฿19.00

410.53%

Taxi 1hour Waiting (Normal Tariff)

$80.9 ISK 9,806

$2.37 ฿79.2

3311.39%

Gasoline (1 liter)

$2.12 ISK 257

$1.45 ฿48.32

46.21%

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

$50.3K ISK 6.1M

$20.5K ฿684.3K

145.72%

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

$53.0K ISK 6.4M

$26.5K ฿886.1K

99.76%

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

$95.5 ISK 11.6K

$62.3 ฿2,083

53.15%

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

$32.50 ISK 3,942

$12.27 ฿410

164.87%

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.4K

$19.97 ฿668

327.94%

Gym Membership (Monthly)

$37.91 ฿1,267

Tennis Court (1 Hour on Weekend)

$3.76 ฿126

Cinema Ticket

$19.83 ISK 2,405

$6.71 ฿224

195.53%

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

$1,173 ISK 142.3K

$797 ฿26.6K

47.14%

International Primary School, 1 Child (Yearly)

$26.3K ISK 3.2M

$14.8K ฿495.7K

77.31%

Jeans (Levis 501 Or Similar)

$150 ISK 18.1K

$53.3 ฿1,780

180.92%

Summer Dress (H&M, Zara, etc)

$66.2 ISK 8,034

$25.05 ฿837

164.43%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$91.6 ฿3,062

96.79%

Men's Leather Business Shoes

$250 ISK 30.4K

$73.5 ฿2,455

240.99%

1-bedroom Apartment, City Center (Monthly)

$464 ฿15.5K

1-bedroom Apartment, Outside City Center (Monthly)

$305 ฿10.2K

3-bedroom Apartment, City Center (Monthly)

$915 ฿30.6K

3-bedroom Apartment, Outside City Center (Monthly)

$552 ฿18.5K

Buy Apartment in City Center (m2)

$1,912 ฿63.9K

Buy Apartment Outside City Center (m2)

$1,438 ฿48.1K

Average Monthly Net Salary (After Tax)

$6,197 ISK 751.6K

$595 ฿19.9K

941.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

5.57

58.17%

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

Last update for Drangsnes: October 10, 2026

Last update for Chiang Mai: October 13, 2026

Monthly budget structure

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

Groceries & Markets

Drangsnes

$620 36.2%

Chiang Mai

$238 25.4% 61.6% $382

Eating Out

Drangsnes

$527 30.8%

Chiang Mai

$79 8.4% 85% $448

Clothing & Footwear

Drangsnes

$291 17%

Chiang Mai

$110 11.7% 62.4% $181

Monthly Utilities & Internet

Drangsnes

$213 12.5%

Chiang Mai

$95 10.1% 55.7% $119

Sport & Entertainment

Drangsnes

$40 * 2.3%

Chiang Mai

$51 5.5% 29.5% $12

Getting Around

Drangsnes

$21 * 1.2%

Chiang Mai

$61 6.5% 189% $40

Accommodation & Living

Drangsnes

- * 0%

Chiang Mai

$305 32.5%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 941% higher in Drangsnes, 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 $122 in Drangsnes versus $19.00 in Chiang Mai. Monthly groceries follow the same trend: $620 vs $238 – making Chiang Mai the more affordable choice for daily food spending.

Good to know

🇮🇸 Drangsnes

🇹🇭 Chiang Mai

🕒 Local time

00:15 12:15 AM

07:15 7:15 AM

7 h ahead of Drangsnes

🌤 Weather

👥 Population

100

127,240

💱 Currency

Icelandic Króna ISK kr

Thai Baht THB ฿

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

100 THB = 2.99 USD

100 THB = 2.66 EUR

Exchange rates and currency converter

THB, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Thai Baht exchange rates as of October 19, 2026: 1 USD = 33.42 THB (100 THB = 2.99 USD). 1 EUR = 37.57 THB (100 THB = 2.66 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Drangsnes Chiang Mai 9,390 km ≈ 12 h nonstop flight

From you

Drangsnes
Chiang Mai

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

Drangsnes vs Chiang Mai: Cost of Living - Frequently Asked Questions

Drangsnes costs about 82% more than Chiang Mai, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,568 per month in Drangsnes and $1,408 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $122 in Drangsnes and $19.00 in Chiang Mai. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 161% more in Drangsnes, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Chiang Mai, where all-in costs run around $938, than in Drangsnes at $1,712. In Chiang Mai it covers expenses comfortably, while in Drangsnes it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Chiang Mai costs $938 versus $1,712 in Drangsnes. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Chiang Mai. If higher salaries, better infrastructure, or specific career opportunities are the priority, Drangsnes makes more sense. Both are solid long-term options with distinct trade-offs.