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: $620 in Egilsstadir versus $3,532 in Selfoss.

Estimated couple costs with rent: $1,026 in Egilsstadir versus $2,484 in Selfoss.

Monthly costs for a family of three with rent: $1,432 in Egilsstadir versus $1,437 in Selfoss.

Living in Egilsstadir costs roughly 82% less than in Selfoss, driven mainly by Eating Out.

The two cities straddle the global median: Egilsstadir is 55% below, Selfoss is 157% above.

Fast Food Meal (McDonalds, etc)

$20.68 ISK 2,506

Local Beer (0.5 liter draught)

$12.61 ISK 1,529

Milk (1 liter)

$1.74 ISK 210

$1.73 ISK 209

0.58%

White Bread (500g)

$2.88 ISK 349

$7.63 ISK 925

-62.25%

Rice (white) (1kg)

$2.42 ISK 294

$4.43 ISK 537

-45.37%

Eggs

$5.82 ISK 705

$6.36 ISK 770

-8.49%

Local Cheese (1kg)

$22.22 ISK 2,693

$17.11 ISK 2,073

29.87%

Chicken Fillets (1kg)

$32.06 ISK 3,885

$21.32 ISK 2,583

50.38%

Beef Round Steak (1kg)

$44.15 ISK 5,351

$33.82 ISK 4,098

30.54%

Apples (1kg)

$2.76 ISK 335

$2.72 ISK 329

1.47%

Banana (1kg)

$2.54 ISK 307

$2.69 ISK 326

-5.58%

Oranges (1kg)

$2.52 ISK 306

$2.70 ISK 327

-6.67%

Tomato (1kg)

$3.71 ISK 449

$7.46 ISK 904

-50.27%

Potato (1kg)

$4.41 ISK 534

$3.23 ISK 392

36.53%

Onion (1kg)

$2.18 ISK 264

$2.08 ISK 252

4.81%

Lettuce (1 head)

$2.20 ISK 267

$3.65 ISK 442

-39.73%

Water (1.5 liter bottle)

$2.22 ISK 269

$1.41 ISK 170

57.45%

Cigarettes 20 Pack (Marlboro, Camel)

$15.32 ISK 1,856

Wine (Bottle)

$21.84 ISK 2,646

Local Beer (0.5 liter bottle)

$3.91 ISK 473

Imported Beer (0.33 liter bottle)

$3.53 ISK 428

$1.18 ISK 143

199.15%

Taxi Start (Normal Tariff)

$6.02 ISK 730

Gasoline (1 liter)

$2.32 ISK 282

1-bedroom Apartment, Outside City Center (Monthly)

$2,961 ISK 358.8K

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

Last update for Egilsstadir: August 29, 2026

Last update for Selfoss: August 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 470% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $930 in Egilsstadir and $5,298 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 $620 per month in Egilsstadir versus $3,532 in Selfoss – a 470% 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 470% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.