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: $594 in Egilsstadir versus $1,619 in Hella.

Estimated couple costs with rent: $1,003 in Egilsstadir versus $2,788 in Hella.

Monthly costs for a family of three with rent: $1,413 in Egilsstadir versus $3,958 in Hella.

Living in Egilsstadir costs roughly 63% less than in Hella, driven mainly by Eating Out.

The two cities straddle the global median: Egilsstadir is 56% below, Hella is 20% above.

Meal at Budget Restaurant

$27.32 ISK 3,401

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.0K

Fast Food Meal (McDonalds, etc)

$22.68 ISK 2,823

Cappuccino

$6.15 ISK 765

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

$3.35 ISK 417

Water (0.33 liter bottle)

$2.54 ISK 316

Local Beer (0.5 liter draught)

$12.72 ISK 1,583

Imported Beer (0.33 liter bottle)

$11.15 ISK 1,388

Milk (1 liter)

$1.68 ISK 210

$1.93 ISK 241

-12.95%

White Bread (500g)

$2.73 ISK 339

$4.19 ISK 522

-34.84%

Rice (white) (1kg)

$2.34 ISK 292

$3.67 ISK 457

-36.24%

Eggs

$5.76 ISK 717

$6.31 ISK 786

-8.72%

Local Cheese (1kg)

$21.30 ISK 2,652

$18.19 ISK 2,265

17.10%

Chicken Fillets (1kg)

$31.48 ISK 3,919

$24.53 ISK 3,053

28.33%

Beef Round Steak (1kg)

$42.40 ISK 5,278

$41.71 ISK 5,193

1.65%

Apples (1kg)

$2.67 ISK 332

$3.36 ISK 418

-20.54%

Banana (1kg)

$2.37 ISK 295

$2.51 ISK 312

-5.58%

Oranges (1kg)

$2.39 ISK 298

$3.04 ISK 378

-21.38%

Tomato (1kg)

$3.77 ISK 469

$4.91 ISK 611

-23.22%

Potato (1kg)

$4.24 ISK 528

$3.69 ISK 459

14.91%

Onion (1kg)

$2.06 ISK 256

$2.42 ISK 301

-14.88%

Lettuce (1 head)

$2.19 ISK 272

$3.19 ISK 397

-31.35%

Water (1.5 liter bottle)

$2.22 ISK 277

$1.99 ISK 247

11.56%

Cigarettes 20 Pack (Marlboro, Camel)

$13.60 ISK 1,693

Wine (Bottle)

$21.50 ISK 2,677

$23.47 ISK 2,922

-8.39%

Local Beer (0.5 liter bottle)

$3.85 ISK 480

$3.72 ISK 463

3.49%

Imported Beer (0.33 liter bottle)

$3.40 ISK 423

$3.34 ISK 415

1.80%

Taxi Start (Normal Tariff)

$6.24 ISK 777

Taxi (Normal Tariff) (1km)

$2.66 ISK 331

Taxi 1hour Waiting (Normal Tariff)

$85.8 ISK 10.7K

Gasoline (1 liter)

$2.59 ISK 323

$2.43 ISK 302

6.58%

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

$47.5K ISK 5.9M

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

$51.3K ISK 6.4M

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

$89.4 ISK 11.1K

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

$27.68 ISK 3,446

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.6K

Cinema Ticket

$17.43 ISK 2,170

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

$316 ISK 39.4K

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

Jeans (Levis 501 Or Similar)

$141 ISK 17.5K

Summer Dress (H&M, Zara, etc)

$61.1 ISK 7,609

Sport Shoes (Adidas, Nike)

$186 ISK 23.1K

Men's Leather Business Shoes

$271 ISK 33.8K

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: June 6, 2026

Last update for Hella: June 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 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 172% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $891 in Egilsstadir and $2,428 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 $594 per month in Egilsstadir versus $1,619 in Hella – a 172% gap that adds up to real savings over time for anyone picking the cheaper option.

At $594 in Egilsstadir versus $1,619 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 172% less than in Hella. Beyond cost, consider language, visa policies, and how big the international community is in each city.