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: $610 in Egilsstadir versus $3,570 in Selfoss.

Estimated couple costs with rent: $998 in Egilsstadir versus $2,495 in Selfoss.

Monthly costs for a family of three with rent: $1,385 in Egilsstadir versus $1,420 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 54% below, Selfoss is 166% above.

Fast Food Meal (McDonalds, etc)

$20.29 ISK 2,501

Local Beer (0.5 liter draught)

$11.95 ISK 1,473

Milk (1 liter)

$1.70 ISK 210

$1.72 ISK 213

-1.16%

White Bread (500g)

$2.81 ISK 346

$7.35 ISK 907

-61.77%

Rice (white) (1kg)

$2.35 ISK 290

$4.47 ISK 551

-47.43%

Eggs

$5.69 ISK 702

$6.25 ISK 770

-8.96%

Local Cheese (1kg)

$21.65 ISK 2,669

$16.79 ISK 2,070

28.95%

Chicken Fillets (1kg)

$31.15 ISK 3,840

$21.12 ISK 2,604

47.49%

Beef Round Steak (1kg)

$43.53 ISK 5,368

$32.72 ISK 4,034

33.04%

Apples (1kg)

$2.61 ISK 322

$2.77 ISK 342

-5.78%

Banana (1kg)

$2.47 ISK 305

$2.57 ISK 317

-3.89%

Oranges (1kg)

$2.42 ISK 299

$2.72 ISK 335

-11.03%

Tomato (1kg)

$3.73 ISK 460

$7.27 ISK 896

-48.69%

Potato (1kg)

$4.45 ISK 549

$3.04 ISK 375

46.38%

Onion (1kg)

$2.08 ISK 257

$2.03 ISK 250

2.46%

Lettuce (1 head)

$2.16 ISK 266

$3.43 ISK 422

-37.03%

Water (1.5 liter bottle)

$2.22 ISK 274

$1.38 ISK 170

60.87%

Cigarettes 20 Pack (Marlboro, Camel)

$15.40 ISK 1,899

Wine (Bottle)

$21.56 ISK 2,658

Local Beer (0.5 liter bottle)

$3.82 ISK 471

Imported Beer (0.33 liter bottle)

$3.28 ISK 405

$1.13 ISK 139

190.27%

Gasoline (1 liter)

$2.56 ISK 316

1-bedroom Apartment, Outside City Center (Monthly)

$2,924 ISK 360.6K

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

Last update for Egilsstadir: May 31, 2026

Last update for Selfoss: May 30, 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 485% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $915 in Egilsstadir and $5,355 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 $610 per month in Egilsstadir versus $3,570 in Selfoss – a 485% 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 485% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.