Cost of Living Comparison Between Egilsstadir and Phuket Cost of Living Comparison Between Egilsstadir and Phuket

Monthly Cost of Living

Monthly costs for one person with rent: $596 in Egilsstadir versus $1,232 in Phuket.

Estimated couple costs with rent: $992 in Egilsstadir versus $2,255 in Phuket.

Monthly costs for a family of three with rent: $1,387 in Egilsstadir versus $3,279 in Phuket.

Living in Egilsstadir costs roughly 52% less than in Phuket, driven mainly by Groceries & Markets.

Both cities sit below the global median: Egilsstadir 56% lower, Phuket 8% lower.

Meal at Budget Restaurant

$4.63 ฿151

Three-Course Dinner for Two, Mid-Range

$46.84 ฿1,523

Fast Food Meal (McDonalds, etc)

$8.84 ฿287

Cappuccino

$3.00 ฿97.4

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

$0.74 ฿24.11

Water (0.33 liter bottle)

$0.37 ฿11.88

Local Beer (0.5 liter draught)

$2.44 ฿79.3

Imported Beer (0.33 liter bottle)

$3.61 ฿117

Milk (1 liter)

$1.62 ISK 199

$2.26 ฿73.5

-28.32%

White Bread (500g)

$2.86 ISK 350

$1.84 ฿59.8

55.43%

Rice (white) (1kg)

$2.44 ISK 299

$2.24 ฿73.0

8.93%

Eggs

$5.64 ISK 691

$2.32 ฿75.3

143.10%

Local Cheese (1kg)

$21.58 ISK 2,643

$19.67 ฿639

9.71%

Chicken Fillets (1kg)

$31.98 ISK 3,917

$3.65 ฿119

776.16%

Beef Round Steak (1kg)

$42.58 ISK 5,215

$13.10 ฿426

225.04%

Apples (1kg)

$2.69 ISK 330

$3.39 ฿110

-20.65%

Banana (1kg)

$2.40 ISK 293

$1.64 ฿53.4

46.34%

Oranges (1kg)

$2.38 ISK 292

$2.41 ฿78.5

-1.24%

Tomato (1kg)

$3.72 ISK 456

$2.03 ฿66.0

83.25%

Potato (1kg)

$4.29 ISK 526

$1.56 ฿50.6

175.00%

Onion (1kg)

$2.12 ISK 259

$1.50 ฿48.66

41.33%

Lettuce (1 head)

$2.18 ISK 267

$1.02 ฿33.30

113.73%

Water (1.5 liter bottle)

$2.15 ISK 264

$0.49 ฿15.91

338.78%

Cigarettes 20 Pack (Marlboro, Camel)

$4.45 ฿145

Wine (Bottle)

$21.73 ISK 2,661

$18.88 ฿614

15.10%

Local Beer (0.5 liter bottle)

$3.87 ISK 474

$1.78 ฿57.7

117.42%

Imported Beer (0.33 liter bottle)

$3.29 ISK 402

$2.75 ฿89.5

19.64%

One-way Ticket (Public Transport)

$1.40 ฿45.54

Public Transport Monthly Pass (Regular Price)

$11.48 ฿373

Taxi Start (Normal Tariff)

$3.12 ฿101

Taxi (Normal Tariff) (1km)

$1.00 ฿32.48

Taxi 1hour Waiting (Normal Tariff)

$14.09 ฿458

Gasoline (1 liter)

$2.63 ISK 322

$1.35 ฿43.93

94.81%

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

$27.2K ฿883.7K

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

$32.9K ฿1.1M

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

$125 ฿4,063

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

$13.57 ฿441

Internet (50+ Mbps, Unlimited Data)

$18.52 ฿602

Gym Membership (Monthly)

$61.5 ฿1,999

Tennis Court (1 Hour on Weekend)

$16.84 ฿547

Cinema Ticket

$9.19 ฿299

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

$698 ฿22.7K

International Primary School, 1 Child (Yearly)

$15.6K ฿506.9K

Jeans (Levis 501 Or Similar)

$57.8 ฿1,878

Summer Dress (H&M, Zara, etc)

$35.24 ฿1,146

Sport Shoes (Adidas, Nike)

$113 ฿3,677

Men's Leather Business Shoes

$86.4 ฿2,808

1-bedroom Apartment, City Center (Monthly)

$616 ฿20.0K

1-bedroom Apartment, Outside City Center (Monthly)

$446 ฿14.5K

3-bedroom Apartment, City Center (Monthly)

$2,048 ฿66.6K

3-bedroom Apartment, Outside City Center (Monthly)

$1,492 ฿48.5K

Buy Apartment in City Center (m2)

$3,779 ฿122.8K

Buy Apartment Outside City Center (m2)

$2,649 ฿86.1K

Average Monthly Net Salary (After Tax)

$524 ฿17.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.33

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

Last update for Egilsstadir: April 28, 2026

Last update for Phuket: April 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 Phuket: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in Eating Out, Getting Around, Monthly Utilities & Internet, Clothing & Footwear, Sport & Entertainment. The 107% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $893 in Egilsstadir and $1,847 in Phuket 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 Phuket pay roughly 108% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $596 per month in Egilsstadir versus $1,232 in Phuket – a 107% gap that adds up to real savings over time for anyone picking the cheaper option.

At $596 in Egilsstadir versus $1,232 in Phuket, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Phuket. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

For families, Egilsstadir is more practical. Housing and childcare are both notably cheaper than in Phuket, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Egilsstadir and Phuket 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 107% less than in Phuket. Beyond cost, consider language, visa policies, and how big the international community is in each city.