Cost of Living Comparison Between Egilsstadir and Hella Cost of Living Comparison Between Egilsstadir and Hella

Monthly Cost of Living

Monthly costs for one person with rent: $615 in Egilsstadir versus $1,627 in Hella.

Estimated couple costs with rent: $1,013 in Egilsstadir versus $2,850 in Hella.

Monthly costs for a family of three with rent: $1,411 in Egilsstadir versus $4,074 in Hella.

Living in Egilsstadir costs roughly 62% less than in Hella, driven mainly by Eating Out.

The two cities straddle the global median: Egilsstadir is 54% below, Hella is 22% above.

Meal at Budget Restaurant

$26.50 ISK 3,276

Three-Course Dinner for Two, Mid-Range

$147 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$22.27 ISK 2,753

Cappuccino

$6.01 ISK 743

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

$3.26 ISK 403

Water (0.33 liter bottle)

$2.52 ISK 312

Local Beer (0.5 liter draught)

$12.63 ISK 1,561

Imported Beer (0.33 liter bottle)

$11.04 ISK 1,365

Milk (1 liter)

$1.64 ISK 202

$1.94 ISK 240

-15.46%

White Bread (500g)

$2.74 ISK 338

$4.30 ISK 532

-36.28%

Rice (white) (1kg)

$2.41 ISK 298

$3.74 ISK 462

-35.56%

Eggs

$5.85 ISK 723

$6.40 ISK 791

-8.59%

Local Cheese (1kg)

$21.76 ISK 2,690

$18.20 ISK 2,250

19.56%

Chicken Fillets (1kg)

$31.24 ISK 3,862

$24.23 ISK 2,995

28.93%

Beef Round Steak (1kg)

$43.20 ISK 5,339

$41.93 ISK 5,183

3.03%

Apples (1kg)

$2.59 ISK 320

$3.22 ISK 398

-19.57%

Banana (1kg)

$2.45 ISK 302

$2.54 ISK 314

-3.54%

Oranges (1kg)

$2.43 ISK 300

$3.04 ISK 375

-20.07%

Tomato (1kg)

$3.71 ISK 459

$4.95 ISK 612

-25.05%

Potato (1kg)

$4.43 ISK 548

$3.55 ISK 439

24.79%

Onion (1kg)

$2.01 ISK 249

$2.31 ISK 286

-12.99%

Lettuce (1 head)

$2.15 ISK 266

$3.13 ISK 387

-31.31%

Water (1.5 liter bottle)

$2.12 ISK 262

$1.95 ISK 241

8.72%

Cigarettes 20 Pack (Marlboro, Camel)

$13.41 ISK 1,658

Wine (Bottle)

$21.37 ISK 2,642

$22.81 ISK 2,820

-6.31%

Local Beer (0.5 liter bottle)

$3.69 ISK 456

$3.55 ISK 439

3.94%

Imported Beer (0.33 liter bottle)

$3.33 ISK 411

$3.36 ISK 416

-0.89%

Taxi Start (Normal Tariff)

$6.49 ISK 803

Taxi (Normal Tariff) (1km)

$2.61 ISK 323

Taxi 1hour Waiting (Normal Tariff)

$84.9 ISK 10.5K

Gasoline (1 liter)

$2.54 ISK 314

$2.47 ISK 305

2.83%

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

$48.2K ISK 6.0M

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

$52.6K ISK 6.5M

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

$88.7 ISK 11.0K

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

$27.34 ISK 3,380

Internet (50+ Mbps, Unlimited Data)

$83.8 ISK 10.4K

Cinema Ticket

$17.86 ISK 2,208

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

$317 ISK 39.1K

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.7M

Jeans (Levis 501 Or Similar)

$140 ISK 17.4K

Summer Dress (H&M, Zara, etc)

$62.7 ISK 7,748

Sport Shoes (Adidas, Nike)

$181 ISK 22.4K

Men's Leather Business Shoes

$261 ISK 32.2K

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: July 28, 2026

Last update for Hella: July 27, 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 Hella: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in Eating Out, Getting Around, Monthly Utilities & Internet, Clothing & Footwear, Sport & Entertainment. The 164% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $923 in Egilsstadir and $2,440 in Hella to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Hella pay roughly 1% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $615 per month in Egilsstadir versus $1,627 in Hella – a 164% gap that adds up to real savings over time for anyone picking the cheaper option.

At $615 in Egilsstadir versus $1,627 in Hella, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Hella. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Egilsstadir and Hella are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 164% less than in Hella. Beyond cost, consider language, visa policies, and how big the international community is in each city.