Cost of Living Comparison Between Egilsstadir and Drangsnes Cost of Living Comparison Between Egilsstadir and Drangsnes

🙂 Solo nomad: Egilsstadir is 66.9% cheaper than Drangsnes without rent, and 62.7% cheaper with rent.

🙂 Family of 3: Egilsstadir is 59.4% cheaper than Drangsnes without rent, and 65.6% cheaper with rent.

Meal at Budget Restaurant

$27.39 ISK 3,451

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

Fast Food Meal (McDonalds, etc)

$22.70 ISK 2,859

Cappuccino

$5.93 ISK 747

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

$3.30 ISK 415

Water (0.33 liter bottle)

$2.54 ISK 320

Local Beer (0.5 liter draught)

$12.88 ISK 1,623

Imported Beer (0.33 liter bottle)

$11.16 ISK 1,406

Milk (1 liter)

$1.65 ISK 208

$1.89 ISK 239

-12.70%

White Bread (500g)

$2.80 ISK 353

$4.23 ISK 533

-33.81%

Rice (white) (1kg)

$2.33 ISK 294

$3.74 ISK 471

-37.70%

Eggs

$5.66 ISK 713

$6.24 ISK 786

-9.29%

Local Cheese (1kg)

$21.10 ISK 2,658

$18.36 ISK 2,312

14.92%

Chicken Fillets (1kg)

$31.18 ISK 3,927

$23.65 ISK 2,979

31.84%

Beef Round Steak (1kg)

$42.44 ISK 5,346

$42.48 ISK 5,352

-0.09%

Apples (1kg)

$2.68 ISK 337

$3.32 ISK 419

-19.28%

Banana (1kg)

$2.38 ISK 300

$2.53 ISK 319

-5.93%

Oranges (1kg)

$2.45 ISK 309

$3.09 ISK 390

-20.71%

Tomato (1kg)

$3.77 ISK 475

$4.98 ISK 627

-24.30%

Potato (1kg)

$4.27 ISK 538

$3.54 ISK 446

20.62%

Onion (1kg)

$2.04 ISK 257

$2.44 ISK 307

-16.39%

Lettuce (1 head)

$2.12 ISK 267

$3.17 ISK 399

-33.12%

Water (1.5 liter bottle)

$2.19 ISK 276

$1.91 ISK 241

14.66%

Cigarettes 20 Pack (Marlboro, Camel)

$13.42 ISK 1,691

Wine (Bottle)

$21.17 ISK 2,666

$24.23 ISK 3,052

-12.63%

Local Beer (0.5 liter bottle)

$3.75 ISK 472

$3.55 ISK 448

5.63%

Imported Beer (0.33 liter bottle)

$3.41 ISK 429

$3.23 ISK 407

5.57%

Taxi Start (Normal Tariff)

$6.25 ISK 788

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.7K

Gasoline (1 liter)

$2.64 ISK 332

$2.54 ISK 320

3.94%

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

$47.5K ISK 6.0M

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

$52.2K ISK 6.6M

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

$88.1 ISK 11.1K

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

$27.75 ISK 3,496

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.7K

Cinema Ticket

$17.38 ISK 2,189

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

$328 ISK 41.3K

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

Jeans (Levis 501 Or Similar)

$142 ISK 17.8K

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,887

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

Men's Leather Business Shoes

$264 ISK 33.2K

Average Monthly Net Salary (After Tax)

$5,980 ISK 753.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Egilsstadir: January 13, 2026

Last update for Drangsnes: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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