Cost of Living Comparison Between Egilsstadir and Selfoss Cost of Living Comparison Between Egilsstadir and Selfoss

Monthly Cost of Living

Monthly costs for one person with rent: $606 in Egilsstadir versus $3,559 in Selfoss.

Estimated couple costs with rent: $1,017 in Egilsstadir versus $2,492 in Selfoss.

Monthly costs for a family of three with rent: $1,428 in Egilsstadir versus $1,424 in Selfoss.

Living in Egilsstadir costs roughly 83% less than in Selfoss, driven mainly by Eating Out.

The two cities straddle the global median: Egilsstadir is 55% below, Selfoss is 166% above.

Fast Food Meal (McDonalds, etc)

$19.97 ISK 2,488

Local Beer (0.5 liter draught)

$11.83 ISK 1,474

Milk (1 liter)

$1.65 ISK 205

$1.69 ISK 210

-2.37%

White Bread (500g)

$2.82 ISK 351

$7.51 ISK 936

-62.45%

Rice (white) (1kg)

$2.33 ISK 290

$4.32 ISK 538

-46.06%

Eggs

$5.57 ISK 694

$6.46 ISK 806

-13.78%

Local Cheese (1kg)

$21.66 ISK 2,699

$16.56 ISK 2,064

30.80%

Chicken Fillets (1kg)

$32.24 ISK 4,017

$20.80 ISK 2,591

55.00%

Beef Round Steak (1kg)

$42.36 ISK 5,279

$33.49 ISK 4,173

26.49%

Apples (1kg)

$2.67 ISK 332

$2.63 ISK 328

1.52%

Banana (1kg)

$2.43 ISK 303

$2.55 ISK 317

-4.71%

Oranges (1kg)

$2.47 ISK 308

$2.67 ISK 333

-7.49%

Tomato (1kg)

$3.64 ISK 454

$6.98 ISK 870

-47.85%

Potato (1kg)

$4.41 ISK 549

$3.22 ISK 401

36.96%

Onion (1kg)

$2.11 ISK 264

$2.02 ISK 252

4.46%

Lettuce (1 head)

$2.09 ISK 261

$3.51 ISK 438

-40.46%

Water (1.5 liter bottle)

$2.23 ISK 277

$1.38 ISK 172

61.59%

Cigarettes 20 Pack (Marlboro, Camel)

$14.97 ISK 1,866

Wine (Bottle)

$21.44 ISK 2,672

Local Beer (0.5 liter bottle)

$3.86 ISK 482

Imported Beer (0.33 liter bottle)

$3.39 ISK 422

$1.10 ISK 137

208.18%

Gasoline (1 liter)

$2.54 ISK 316

1-bedroom Apartment, Outside City Center (Monthly)

$2,927 ISK 364.7K

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

Last update for Egilsstadir: July 14, 2026

Last update for Selfoss: July 12, 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 Selfoss: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in Eating Out. The 487% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $909 in Egilsstadir and $5,339 in Selfoss 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 Selfoss pay roughly 19% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $606 per month in Egilsstadir versus $3,559 in Selfoss – a 487% gap that adds up to real savings over time for anyone picking the cheaper option.

Either city works on $1,000 a month, though Egilsstadir gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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 Selfoss 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 487% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.