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: $632 in Egilsstadir versus $1,694 in Hella.

Estimated couple costs with rent: $1,060 in Egilsstadir versus $2,923 in Hella.

Monthly costs for a family of three with rent: $1,488 in Egilsstadir versus $4,152 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 54% below, Hella is 24% above.

Meal at Budget Restaurant

$29.93 ISK 3,645

Three-Course Dinner for Two, Mid-Range

$137 ISK 16.6K

Fast Food Meal (McDonalds, etc)

$26.99 ISK 3,287

Cappuccino

$6.87 ISK 837

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

$3.25 ISK 396

Water (0.33 liter bottle)

$3.21 ISK 392

Local Beer (0.5 liter draught)

$13.88 ISK 1,690

Imported Beer (0.33 liter bottle)

$12.29 ISK 1,497

Milk (1 liter)

$1.75 ISK 213

$2.12 ISK 259

-17.45%

White Bread (500g)

$2.89 ISK 352

$4.32 ISK 526

-33.10%

Rice (white) (1kg)

$2.38 ISK 290

$3.69 ISK 450

-35.50%

Eggs

$5.98 ISK 728

$7.01 ISK 854

-14.69%

Local Cheese (1kg)

$21.61 ISK 2,633

$21.12 ISK 2,573

2.32%

Chicken Fillets (1kg)

$32.13 ISK 3,914

$24.72 ISK 3,011

29.98%

Beef Round Steak (1kg)

$44.62 ISK 5,434

$42.94 ISK 5,230

3.91%

Apples (1kg)

$2.64 ISK 322

$3.35 ISK 408

-21.19%

Banana (1kg)

$2.53 ISK 308

$2.92 ISK 356

-13.36%

Oranges (1kg)

$2.49 ISK 303

$3.16 ISK 385

-21.20%

Tomato (1kg)

$3.90 ISK 475

$6.25 ISK 762

-37.60%

Potato (1kg)

$4.34 ISK 528

$4.13 ISK 504

5.08%

Onion (1kg)

$2.16 ISK 263

$1.66 ISK 202

30.12%

Lettuce (1 head)

$2.13 ISK 259

$3.81 ISK 465

-44.09%

Water (1.5 liter bottle)

$2.25 ISK 274

$1.76 ISK 214

27.84%

Cigarettes 20 Pack (Marlboro, Camel)

$13.87 ISK 1,690

Wine (Bottle)

$22.18 ISK 2,702

$24.10 ISK 2,936

-7.97%

Local Beer (0.5 liter bottle)

$3.93 ISK 478

$3.79 ISK 462

3.69%

Imported Beer (0.33 liter bottle)

$3.52 ISK 428

$3.37 ISK 410

4.45%

Taxi Start (Normal Tariff)

$6.24 ISK 760

$6.79 ISK 827

-8.10%

Taxi (Normal Tariff) (1km)

$2.83 ISK 345

Taxi 1hour Waiting (Normal Tariff)

$74.9 ISK 9,118

Gasoline (1 liter)

$2.46 ISK 300

$2.02 ISK 246

21.78%

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

$50.8K ISK 6.2M

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

$54.3K ISK 6.6M

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

$88.2 ISK 10.7K

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

$32.75 ISK 3,989

Internet (50+ Mbps, Unlimited Data)

$83.8 ISK 10.2K

Cinema Ticket

$19.68 ISK 2,396

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

$1,190 ISK 144.9K

International Primary School, 1 Child (Yearly)

$30.6K ISK 3.7M

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

Summer Dress (H&M, Zara, etc)

$67.1 ISK 8,170

Sport Shoes (Adidas, Nike)

$182 ISK 22.1K

Men's Leather Business Shoes

$252 ISK 30.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

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

Last update for Egilsstadir: September 13, 2026

Last update for Hella: September 14, 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 Groceries & Markets, Getting Around, Eating Out, Monthly Utilities & Internet, Clothing & Footwear. The 168% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $948 in Egilsstadir and $2,541 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.

Supermarket bills run roughly 1% higher in Hella. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $632 per month in Egilsstadir versus $1,694 in Hella – a 168% gap that adds up to real savings over time for anyone picking the cheaper option.

At $632 in Egilsstadir versus $1,694 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 168% less than in Hella. Beyond cost, consider language, visa policies, and how big the international community is in each city.