Cost of Living Comparison Between Egilsstadir and Chiang Mai Cost of Living Comparison Between Egilsstadir and Chiang Mai

Monthly Cost of Living

A single person spends $628 per month in Egilsstadir vs $950 in Chiang Mai, rent included.

A couple spends around $1,033 per month in Egilsstadir vs $1,430 in Chiang Mai, rent included.

A family of three spends $1,438 per month in Egilsstadir vs $1,909 in Chiang Mai, rent included.

Egilsstadir is about 34% cheaper than Chiang Mai, driven mainly by Groceries & Markets.

Both Egilsstadir and Chiang Mai are more affordable than the global median – Egilsstadir 54% lower, Chiang Mai 31% lower.

Meal at Budget Restaurant

$2.10 ฿69.3

Three-Course Dinner for Two, Mid-Range

$19.84 ฿656

Fast Food Meal (McDonalds, etc)

$5.79 ฿191

Cappuccino

$1.83 ฿60.4

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

$0.78 ฿25.61

Water (0.33 liter bottle)

$0.31 ฿10.37

Local Beer (0.5 liter draught)

$2.34 ฿77.2

Imported Beer (0.33 liter bottle)

$3.70 ฿122

Milk (1 liter)

$1.73 ISK 208

$2.03 ฿67.1

-14.78%

White Bread (500g)

$2.85 ISK 343

$1.60 ฿52.7

78.13%

Rice (white) (1kg)

$2.41 ISK 290

$1.42 ฿46.75

69.72%

Eggs

$5.70 ISK 687

$2.18 ฿71.9

161.47%

Local Cheese (1kg)

$21.62 ISK 2,604

$15.91 ฿526

35.89%

Chicken Fillets (1kg)

$32.33 ISK 3,894

$3.07 ฿102

953.09%

Beef Round Steak (1kg)

$43.57 ISK 5,247

$9.87 ฿326

341.44%

Apples (1kg)

$2.67 ISK 322

$2.63 ฿86.8

1.52%

Banana (1kg)

$2.46 ISK 296

$1.10 ฿36.19

123.64%

Oranges (1kg)

$2.52 ISK 303

$1.63 ฿53.8

54.60%

Tomato (1kg)

$3.84 ISK 463

$1.53 ฿50.6

150.98%

Potato (1kg)

$4.42 ISK 532

$1.24 ฿41.13

256.45%

Onion (1kg)

$2.18 ISK 262

$1.13 ฿37.37

92.92%

Lettuce (1 head)

$2.14 ISK 258

$0.74 ฿24.38

189.19%

Water (1.5 liter bottle)

$2.24 ISK 270

$0.50 ฿16.48

348.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.28 ฿141

Wine (Bottle)

$22.49 ISK 2,709

$17.97 ฿594

25.15%

Local Beer (0.5 liter bottle)

$3.77 ISK 454

$1.70 ฿56.1

121.76%

Imported Beer (0.33 liter bottle)

$3.38 ISK 408

$2.90 ฿95.7

16.55%

One-way Ticket (Public Transport)

$0.94 ฿31.13

Public Transport Monthly Pass (Regular Price)

$55.3 ฿1,827

Taxi Start (Normal Tariff)

$6.01 ISK 724

$1.23 ฿40.76

388.62%

Taxi (Normal Tariff) (1km)

$0.53 ฿17.66

Taxi 1hour Waiting (Normal Tariff)

$2.40 ฿79.3

Gasoline (1 liter)

$2.33 ISK 280

$1.44 ฿47.55

61.81%

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

$21.2K ฿700.2K

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

$27.3K ฿902.1K

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

$64.9 ฿2,145

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

$13.35 ฿441

Internet (50+ Mbps, Unlimited Data)

$20.83 ฿688

Gym Membership (Monthly)

$40.42 ฿1,336

Tennis Court (1 Hour on Weekend)

$3.95 ฿131

Cinema Ticket

$6.71 ฿222

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

$787 ฿26.0K

International Primary School, 1 Child (Yearly)

$15.1K ฿499.6K

Jeans (Levis 501 Or Similar)

$56.2 ฿1,858

Summer Dress (H&M, Zara, etc)

$24.95 ฿824

Sport Shoes (Adidas, Nike)

$92.7 ฿3,063

Men's Leather Business Shoes

$75.1 ฿2,482

1-bedroom Apartment, City Center (Monthly)

$484 ฿16.0K

1-bedroom Apartment, Outside City Center (Monthly)

$287 ฿9,491

3-bedroom Apartment, City Center (Monthly)

$910 ฿30.1K

3-bedroom Apartment, Outside City Center (Monthly)

$531 ฿17.5K

Buy Apartment in City Center (m2)

$1,980 ฿65.4K

Buy Apartment Outside City Center (m2)

$1,451 ฿47.9K

Average Monthly Net Salary (After Tax)

$605 ฿20.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

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

Last update for Egilsstadir: September 6, 2026

Last update for Chiang Mai: September 7, 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

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

Chiang Mai costs about 51% more than Egilsstadir, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $942 per month in Egilsstadir and $1,426 in Chiang Mai. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $628 in Egilsstadir and $950 in Chiang Mai. The difference isn't just one category – it shows up across housing, food, transport, and services.

Interestingly, groceries are about 154% cheaper in Chiang Mai – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Egilsstadir, where all-in costs run around $628, than in Chiang Mai at $950. In Egilsstadir it covers expenses comfortably, while in Chiang Mai it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Egilsstadir costs $628 versus $950 in Chiang Mai. 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 Egilsstadir. If higher salaries, better infrastructure, or specific career opportunities are the priority, Chiang Mai makes more sense. Both are solid long-term options with distinct trade-offs.