Last update: Oct 2026

Cost of Living Comparison Between Egilsstadir and Chiang Mai

For one person, living is cheaper in Egilsstadir: $622 a month against $936 in Chiang Mai, rent and utilities included – about $3,800 less a year. Higher rent and utilities in Chiang Mai outweigh lower spending on other living expenses.

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Cost of Living Index in Chiang Mai
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Chiang Mai Living Index

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Egilsstadir

🇮🇸 Iceland

$622

/mo nomad

Chiang Mai

🇹🇭 Thailand

$936

/mo nomad

Monthly Cost of Living

How much you'll spend in Egilsstadir 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 Egilsstadir and in Chiang Mai actually costs, broken down by who's living it.

A single person spends $622 per month in Egilsstadir vs $936 in Chiang Mai, rent included.

Egilsstadir $622
Chiang Mai $936

A couple spends around $1,036 per month in Egilsstadir vs $1,457 in Chiang Mai, rent included.

Egilsstadir $1,036
Chiang Mai $1,457

A family of three spends $1,449 per month in Egilsstadir vs $1,979 in Chiang Mai, rent included.

Egilsstadir $1,449
Chiang Mai $1,979

Egilsstadir is about 33% cheaper than Chiang Mai, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$2.24 ฿75.7

Three-Course Dinner for Two, Mid-Range

$19.00 ฿642

Fast Food Meal (McDonalds, etc)

$5.55 ฿188

Cappuccino

$1.67 ฿56.6

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

$0.64 ฿21.56

Water (0.33 liter bottle)

$0.31 ฿10.32

Local Beer (0.5 liter draught)

$2.36 ฿79.6

Imported Beer (0.33 liter bottle)

$3.66 ฿124

Milk (1 liter)

$1.66 ISK 202

$1.95 ฿65.8

-14.87%

White Bread (500g)

$2.80 ISK 341

$1.44 ฿48.51

94.44%

Rice (white) (1kg)

$2.47 ISK 300

$1.33 ฿45.07

85.71%

Eggs

$5.65 ISK 689

$2.28 ฿77.1

147.81%

Local Cheese (1kg)

$22.02 ISK 2,683

$16.45 ฿556

33.86%

Chicken Fillets (1kg)

$32.21 ISK 3,925

$2.78 ฿94.0

1058.63%

Beef Round Steak (1kg)

$43.35 ISK 5,282

$9.31 ฿314

365.63%

Apples (1kg)

$2.74 ISK 334

$2.35 ฿79.5

16.60%

Banana (1kg)

$2.40 ISK 293

$0.97 ฿32.82

147.42%

Oranges (1kg)

$2.53 ISK 308

$1.60 ฿53.9

58.12%

Tomato (1kg)

$3.87 ISK 472

$1.50 ฿50.7

158.00%

Potato (1kg)

$4.47 ISK 544

$1.28 ฿43.15

249.22%

Onion (1kg)

$2.12 ISK 259

$1.10 ฿37.22

92.73%

Lettuce (1 head)

$2.14 ISK 261

$0.71 ฿23.84

201.41%

Water (1.5 liter bottle)

$2.23 ISK 271

$0.49 ฿16.38

355.10%

Cigarettes 20 Pack (Marlboro, Camel)

$4.14 ฿140

Wine (Bottle)

$22.37 ISK 2,725

$17.52 ฿592

27.68%

Local Beer (0.5 liter bottle)

$3.95 ISK 481

$1.61 ฿54.5

145.34%

Imported Beer (0.33 liter bottle)

$3.48 ISK 424

$2.78 ฿94.0

25.18%

One-way Ticket (Public Transport)

$0.87 ฿29.33

Public Transport Monthly Pass (Regular Price)

$54.1 ฿1,827

Taxi Start (Normal Tariff)

$6.21 ISK 757

$1.16 ฿39.08

435.34%

Taxi (Normal Tariff) (1km)

$0.53 ฿17.82

Taxi 1hour Waiting (Normal Tariff)

$2.42 ฿81.8

Gasoline (1 liter)

$2.40 ISK 293

$1.45 ฿48.93

65.52%

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

$21.1K ฿711.2K

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

$26.9K ฿909.8K

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

$62.2 ฿2,100

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

$12.17 ฿411

Internet (50+ Mbps, Unlimited Data)

$20.12 ฿680

Gym Membership (Monthly)

$37.31 ฿1,260

Tennis Court (1 Hour on Weekend)

$3.77 ฿127

Cinema Ticket

$6.49 ฿219

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

$736 ฿24.9K

International Primary School, 1 Child (Yearly)

$14.8K ฿498.6K

Jeans (Levis 501 Or Similar)

$53.4 ฿1,802

Summer Dress (H&M, Zara, etc)

$24.64 ฿832

Sport Shoes (Adidas, Nike)

$91.5 ฿3,089

Men's Leather Business Shoes

$71.9 ฿2,429

1-bedroom Apartment, City Center (Monthly)

$482 ฿16.3K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ฿10.4K

3-bedroom Apartment, City Center (Monthly)

$1,006 ฿34.0K

3-bedroom Apartment, Outside City Center (Monthly)

$633 ฿21.4K

Buy Apartment in City Center (m2)

$2,363 ฿79.8K

Buy Apartment Outside City Center (m2)

$1,589 ฿53.7K

Average Monthly Net Salary (After Tax)

$590 ฿19.9K

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: October 26, 2026

Last update for Chiang Mai: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Egilsstadir

–

Chiang Mai

$309 33%

Groceries & Markets

Egilsstadir

–

Chiang Mai

$234 25.1%

Clothing & Footwear

Egilsstadir

–

Chiang Mai

$109 11.6%

Monthly Utilities & Internet

Egilsstadir

–

Chiang Mai

$94 10.1%

Eating Out

Egilsstadir

–

Chiang Mai

$78 8.3%

Getting Around

Egilsstadir

–

Chiang Mai

$61 6.6%

Sport & Entertainment

Egilsstadir

–

Chiang Mai

$50 5.4%

Good to know

🇮🇸 Egilsstadir

🇹🇭 Chiang Mai

🕒 Local time

21:22 9:22 PM

04:22 4:22 AM

7 h ahead of Egilsstadir

🌤 Weather

👥 Population

2,500

127,240

💱 Currency

Icelandic Króna ISK kr

Thai Baht THB ฿

📈 Exchange rate

1,000 ISK = 8.21 USD

1,000 ISK = 7.37 EUR

100 THB = 2.96 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 28, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 136 ISK (1,000 ISK = 7.37 EUR).

Thai Baht exchange rates as of October 28, 2026: 1 USD = 33.77 THB (100 THB = 2.96 USD). 1 EUR = 37.59 THB (100 THB = 2.66 EUR).

USD to ISK in detail →

On the map

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Between locations

Egilsstadir Chiang Mai 9,140 km ≈ 12 h nonstop flight

From you

Egilsstadir
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

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

Chiang Mai costs about 50% more than Egilsstadir, and outside of rent the gap comes mainly from clothing. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $934 per month in Egilsstadir and $1,403 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 $622 in Egilsstadir and $936 in Chiang Mai. That makes Egilsstadir about 33% cheaper.

Interestingly, groceries are about 62% cheaper in Chiang Mai – one category where the pricier city actually offers better value.

It depends on your priorities. Chiang Mai has an edge in some lifestyle areas, with costs from $622 in Egilsstadir to $936 in Chiang Mai. 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.