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: $594 in Egilsstadir versus $1,261 in Phuket.

Estimated couple costs with rent: $1,003 in Egilsstadir versus $2,286 in Phuket.

Monthly costs for a family of three with rent: $1,413 in Egilsstadir versus $3,310 in Phuket.

Living in Egilsstadir costs roughly 53% less than in Phuket, driven mainly by Groceries & Markets.

Both cities sit below the global median: Egilsstadir 56% lower, Phuket 6% lower.

Meal at Budget Restaurant

$4.56 ฿149

Three-Course Dinner for Two, Mid-Range

$46.63 ฿1,519

Fast Food Meal (McDonalds, etc)

$8.47 ฿276

Cappuccino

$3.03 ฿98.6

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

$0.69 ฿22.45

Water (0.33 liter bottle)

$0.37 ฿11.92

Local Beer (0.5 liter draught)

$2.49 ฿81.0

Imported Beer (0.33 liter bottle)

$3.66 ฿119

Milk (1 liter)

$1.68 ISK 210

$2.18 ฿71.0

-22.94%

White Bread (500g)

$2.73 ISK 339

$1.90 ฿62.0

43.68%

Rice (white) (1kg)

$2.34 ISK 292

$2.20 ฿71.6

6.36%

Eggs

$5.76 ISK 717

$2.22 ฿72.4

159.46%

Local Cheese (1kg)

$21.30 ISK 2,652

$19.99 ฿651

6.55%

Chicken Fillets (1kg)

$31.48 ISK 3,919

$3.66 ฿119

760.11%

Beef Round Steak (1kg)

$42.40 ISK 5,278

$13.25 ฿432

220.00%

Apples (1kg)

$2.67 ISK 332

$3.23 ฿105

-17.34%

Banana (1kg)

$2.37 ISK 295

$1.70 ฿55.3

39.41%

Oranges (1kg)

$2.39 ISK 298

$2.39 ฿78.0

Tomato (1kg)

$3.77 ISK 469

$2.08 ฿67.7

81.25%

Potato (1kg)

$4.24 ISK 528

$1.59 ฿51.8

166.67%

Onion (1kg)

$2.06 ISK 256

$1.48 ฿48.31

39.19%

Lettuce (1 head)

$2.19 ISK 272

$1.03 ฿33.54

112.62%

Water (1.5 liter bottle)

$2.22 ISK 277

$0.52 ฿16.83

326.92%

Cigarettes 20 Pack (Marlboro, Camel)

$4.25 ฿138

Wine (Bottle)

$21.50 ISK 2,677

$18.79 ฿612

14.42%

Local Beer (0.5 liter bottle)

$3.85 ISK 480

$1.76 ฿57.2

118.75%

Imported Beer (0.33 liter bottle)

$3.40 ISK 423

$2.76 ฿89.8

23.19%

One-way Ticket (Public Transport)

$1.36 ฿44.32

Public Transport Monthly Pass (Regular Price)

$11.36 ฿370

Taxi Start (Normal Tariff)

$3.14 ฿102

Taxi (Normal Tariff) (1km)

$1.04 ฿33.74

Taxi 1hour Waiting (Normal Tariff)

$13.77 ฿448

Gasoline (1 liter)

$2.59 ISK 323

$1.34 ฿43.79

93.28%

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

$27.7K ฿901.4K

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

$33.9K ฿1.1M

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

$124 ฿4,025

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

$13.52 ฿440

Internet (50+ Mbps, Unlimited Data)

$18.69 ฿609

Gym Membership (Monthly)

$61.8 ฿2,013

Tennis Court (1 Hour on Weekend)

$17.25 ฿562

Cinema Ticket

$9.14 ฿298

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

$703 ฿22.9K

International Primary School, 1 Child (Yearly)

$15.9K ฿517.0K

Jeans (Levis 501 Or Similar)

$59.5 ฿1,937

Summer Dress (H&M, Zara, etc)

$35.07 ฿1,142

Sport Shoes (Adidas, Nike)

$115 ฿3,754

Men's Leather Business Shoes

$84.1 ฿2,737

1-bedroom Apartment, City Center (Monthly)

$619 ฿20.1K

1-bedroom Apartment, Outside City Center (Monthly)

$433 ฿14.1K

3-bedroom Apartment, City Center (Monthly)

$2,062 ฿67.2K

3-bedroom Apartment, Outside City Center (Monthly)

$1,511 ฿49.2K

Buy Apartment in City Center (m2)

$3,646 ฿118.7K

Buy Apartment Outside City Center (m2)

$2,626 ฿85.5K

Average Monthly Net Salary (After Tax)

$507 ฿16.5K

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: June 6, 2026

Last update for Phuket: 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 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 112% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $891 in Egilsstadir and $1,892 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 106% 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 $1,261 in Phuket – a 112% gap that adds up to real savings over time for anyone picking the cheaper option.

At $594 in Egilsstadir versus $1,261 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 112% less than in Phuket. Beyond cost, consider language, visa policies, and how big the international community is in each city.