Cost of Living Comparison Between Egilsstadir and Grundarfjordur Cost of Living Comparison Between Egilsstadir and Grundarfjordur

🙂 Solo nomad: Egilsstadir is 54.8% cheaper than Grundarfjordur without rent, and 63.4% cheaper with rent.

🙂 Family of 3: Egilsstadir is 66.7% cheaper than Grundarfjordur without rent, and 65.3% cheaper with rent.

Meal at Budget Restaurant

$27.16 ISK 3,399

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,809

Cappuccino

$6.02 ISK 753

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

$3.26 ISK 408

Water (0.33 liter bottle)

$2.55 ISK 319

Local Beer (0.5 liter draught)

$12.75 ISK 1,596

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

Milk (1 liter)

$1.62 ISK 203

$1.97 ISK 246

-17.77%

White Bread (500g)

$2.76 ISK 346

$4.31 ISK 539

-35.96%

Rice (white) (1kg)

$2.37 ISK 296

$3.56 ISK 446

-33.43%

Eggs

$5.63 ISK 705

$6.44 ISK 806

-12.58%

Local Cheese (1kg)

$21.50 ISK 2,691

$17.88 ISK 2,237

20.25%

Chicken Fillets (1kg)

$31.23 ISK 3,908

$23.87 ISK 2,987

30.83%

Beef Round Steak (1kg)

$43.50 ISK 5,444

$42.87 ISK 5,365

1.47%

Apples (1kg)

$2.60 ISK 326

$3.26 ISK 408

-20.25%

Banana (1kg)

$2.47 ISK 309

$2.44 ISK 306

1.23%

Oranges (1kg)

$2.43 ISK 304

$2.97 ISK 371

-18.18%

Tomato (1kg)

$3.73 ISK 466

$4.97 ISK 622

-24.95%

Potato (1kg)

$4.26 ISK 534

$3.70 ISK 463

15.14%

Onion (1kg)

$2.02 ISK 253

$2.44 ISK 305

-17.21%

Lettuce (1 head)

$2.18 ISK 273

$3.02 ISK 378

-27.81%

Water (1.5 liter bottle)

$2.15 ISK 269

$2.00 ISK 250

7.50%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 ISK 1,737

Wine (Bottle)

$21.73 ISK 2,719

$23.75 ISK 2,971

-8.51%

Local Beer (0.5 liter bottle)

$3.80 ISK 475

$3.55 ISK 444

7.04%

Imported Beer (0.33 liter bottle)

$3.46 ISK 434

$3.37 ISK 422

2.67%

Taxi Start (Normal Tariff)

$6.37 ISK 798

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.52 ISK 315

$2.53 ISK 316

-0.40%

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

$46.5K ISK 5.8M

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

$51.5K ISK 6.4M

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

$86.3 ISK 10.8K

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

$27.56 ISK 3,449

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

Cinema Ticket

$17.84 ISK 2,232

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

$315 ISK 39.4K

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

Men's Leather Business Shoes

$267 ISK 33.4K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

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: March 3, 2026

Last update for Grundarfjordur: March 3, 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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