Last update: Oct 2026

Cost of Living Comparison Between Egilsstadir and Hella

For one person, living is cheaper in Egilsstadir: $625 a month against $1,723 in Hella, rent and utilities included – about $13,200 less a year. Other living expenses account for most of the difference.

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Cost of Living Index in Hella
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Hella Living Index

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Egilsstadir

🇮🇸 Iceland

$625

/mo nomad

Hella

🇮🇸 Iceland

$1,723

/mo nomad

Monthly Cost of Living

How much you'll spend in Egilsstadir and in Hella

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Egilsstadir and in Hella actually costs, broken down by who's living it.

Monthly costs for one person with rent: $625 in Egilsstadir versus $1,723 in Hella.

Egilsstadir $625
Hella $1,723

Estimated couple costs with rent: $1,041 in Egilsstadir versus $2,927 in Hella.

Egilsstadir $1,041
Hella $2,927

Monthly costs for a family of three with rent: $1,458 in Egilsstadir versus $4,131 in Hella.

Egilsstadir $1,458
Hella $4,131

Living in Egilsstadir costs roughly 64% less than in Hella, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: Egilsstadir is 54% below, Hella is 27% above.

Meal at Budget Restaurant

$31.22 ISK 3,790

Three-Course Dinner for Two, Mid-Range

$121 ISK 14.7K

Fast Food Meal (McDonalds, etc)

$27.24 ISK 3,307

Cappuccino

$6.89 ISK 836

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

$3.25 ISK 395

Water (0.33 liter bottle)

$3.08 ISK 374

Local Beer (0.5 liter draught)

$14.16 ISK 1,719

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,493

Milk (1 liter)

$1.72 ISK 209

$2.00 ISK 243

-14.00%

White Bread (500g)

$2.94 ISK 356

$4.30 ISK 522

-31.63%

Rice (white) (1kg)

$2.40 ISK 292

$3.66 ISK 444

-34.43%

Eggs

$5.92 ISK 719

$7.27 ISK 883

-18.57%

Local Cheese (1kg)

$21.95 ISK 2,664

$21.85 ISK 2,652

0.46%

Chicken Fillets (1kg)

$32.40 ISK 3,933

$24.10 ISK 2,925

34.44%

Beef Round Steak (1kg)

$44.15 ISK 5,360

$41.15 ISK 4,995

7.29%

Apples (1kg)

$2.69 ISK 326

$3.36 ISK 408

-19.94%

Banana (1kg)

$2.40 ISK 291

$2.83 ISK 343

-15.19%

Oranges (1kg)

$2.52 ISK 306

$3.21 ISK 390

-21.50%

Tomato (1kg)

$3.71 ISK 450

$6.56 ISK 797

-43.45%

Potato (1kg)

$4.31 ISK 523

$3.91 ISK 475

10.23%

Onion (1kg)

$2.08 ISK 252

$1.69 ISK 205

23.08%

Lettuce (1 head)

$2.16 ISK 263

$3.64 ISK 442

-40.66%

Water (1.5 liter bottle)

$2.23 ISK 271

$1.83 ISK 223

21.86%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 ISK 1,696

Wine (Bottle)

$21.91 ISK 2,660

$23.32 ISK 2,832

-6.05%

Local Beer (0.5 liter bottle)

$3.77 ISK 457

$3.66 ISK 445

3.01%

Imported Beer (0.33 liter bottle)

$3.48 ISK 422

$3.49 ISK 423

-0.29%

Taxi Start (Normal Tariff)

$6.07 ISK 737

$6.76 ISK 821

-10.21%

Taxi (Normal Tariff) (1km)

$2.75 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,805

Gasoline (1 liter)

$2.44 ISK 296

$2.10 ISK 255

16.19%

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

$67.9K ISK 8.2M

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

$56.3K ISK 6.8M

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

$96.8 ISK 11.8K

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

$32.49 ISK 3,944

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

Cinema Ticket

$19.81 ISK 2,405

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

$1,205 ISK 146.3K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,105

Sport Shoes (Adidas, Nike)

$185 ISK 22.4K

Men's Leather Business Shoes

$252 ISK 30.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

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

Last update for Egilsstadir: October 31, 2026

Last update for Hella: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Egilsstadir

–

Hella

$619 35.9%

Eating Out

Egilsstadir

–

Hella

$535 31.1%

Clothing & Footwear

Egilsstadir

–

Hella

$294 17.1%

Monthly Utilities & Internet

Egilsstadir

–

Hella

$214 12.4%

Sport & Entertainment

Egilsstadir

–

Hella

$40 * 2.3%

Getting Around

Egilsstadir

–

Hella

$20 * 1.2%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Good to know

🇮🇸 Egilsstadir

🇮🇸 Hella

🕒 Local time

06:02 6:02 AM

Same time as Egilsstadir

🌤 Weather

👥 Population

2,500

900

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

Exchange rates and currency converter

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Egilsstadir Hella 330 km

From you

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Distances are measured in a straight line. Your location is detected approximately.

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 about 64% cheaper overall, especially in transport. That difference adds up to real monthly savings that compound significantly over time.

You’d need roughly $937 in Egilsstadir and $2,584 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.

At $625 in Egilsstadir versus $1,723 in Hella, a $1,000 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.