Cost of Living Comparison Between Grundarfjordur and Chiang Mai Cost of Living Comparison Between Grundarfjordur and Chiang Mai

😐 Solo nomad: Grundarfjordur is 188.6% more expensive than Chiang Mai without rent, and 83.5% more expensive with rent.

😐 Family of 3: Grundarfjordur is 220.8% more expensive than Chiang Mai without rent, and 118.3% more expensive with rent.

Meal at Budget Restaurant

$26.40 ISK 3,325

$1.97 ฿62.0

1240.10%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.4K

$18.68 ฿587

681.58%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,826

$7.92 ฿249

183.33%

Cappuccino

$6.22 ISK 784

$2.02 ฿63.7

207.92%

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

$3.26 ISK 410

$0.84 ฿26.45

288.10%

Water (0.33 liter bottle)

$2.61 ISK 329

$0.35 ฿11.07

645.71%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$2.22 ฿69.9

486.49%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,432

$3.59 ฿113

216.71%

Milk (1 liter)

$1.88 ISK 237

$1.67 ฿52.4

12.57%

White Bread (500g)

$4.28 ISK 540

$1.62 ฿51.1

164.20%

Rice (white) (1kg)

$3.59 ISK 452

$1.20 ฿37.83

199.17%

Eggs

$6.36 ISK 801

$1.93 ฿60.8

229.53%

Local Cheese (1kg)

$18.19 ISK 2,292

$16.00 ฿503

13.69%

Chicken Fillets (1kg)

$23.73 ISK 2,990

$3.16 ฿99.2

650.95%

Beef Round Steak (1kg)

$42.57 ISK 5,362

$10.93 ฿344

289.48%

Apples (1kg)

$3.31 ISK 417

$2.67 ฿83.8

23.97%

Banana (1kg)

$2.49 ISK 313

$1.18 ฿36.99

111.02%

Oranges (1kg)

$3.03 ISK 381

$1.64 ฿51.5

84.76%

Tomato (1kg)

$4.88 ISK 614

$1.59 ฿49.83

206.92%

Potato (1kg)

$3.66 ISK 460

$1.32 ฿41.64

177.27%

Onion (1kg)

$2.32 ISK 293

$1.19 ฿37.49

94.96%

Lettuce (1 head)

$3.14 ISK 395

$0.71 ฿22.20

342.25%

Water (1.5 liter bottle)

$1.99 ISK 251

$0.56 ฿17.75

255.36%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$4.64 ฿146

197.84%

Wine (Bottle)

$24.19 ISK 3,047

$18.96 ฿596

27.58%

Local Beer (0.5 liter bottle)

$3.73 ISK 470

$1.77 ฿55.7

110.73%

Imported Beer (0.33 liter bottle)

$3.36 ISK 423

$3.20 ฿101

5.00%

One-way Ticket (Public Transport)

$0.90 ฿28.32

Public Transport Monthly Pass (Regular Price)

$19.24 ฿605

Taxi Start (Normal Tariff)

$6.50 ISK 819

$1.36 ฿42.78

377.94%

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

$1.35 ฿42.37

86.67%

Taxi 1hour Waiting (Normal Tariff)

$85.5 ISK 10.8K

$8.15 ฿256

949.08%

Gasoline (1 liter)

$2.55 ISK 321

$1.22 ฿38.43

109.02%

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

$46.7K ISK 5.9M

$21.4K ฿671.8K

118.44%

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

$53.0K ISK 6.7M

$21.7K ฿683.8K

143.67%

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

$87.6 ISK 11.0K

$70.3 ฿2,210

24.58%

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

$27.54 ISK 3,469

$13.91 ฿437

97.99%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$18.00 ฿566

370.44%

Gym Membership (Monthly)

$41.78 ฿1,314

Tennis Court (1 Hour on Weekend)

$6.80 ฿214

Cinema Ticket

$17.42 ISK 2,195

$5.72 ฿180

204.55%

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

$325 ISK 41.0K

$308 ฿9,693

5.57%

International Primary School, 1 Child (Yearly)

$30.2K ISK 3.8M

$14.8K ฿465.7K

103.65%

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

$55.9 ฿1,756

148.70%

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,727

$26.71 ฿840

129.65%

Sport Shoes (Adidas, Nike)

$184 ISK 23.2K

$84.5 ฿2,658

117.73%

Men's Leather Business Shoes

$267 ISK 33.6K

$70.8 ฿2,227

276.31%

1-bedroom Apartment, City Center (Monthly)

$431 ฿13.5K

1-bedroom Apartment, Outside City Center (Monthly)

$237 ฿7,439

3-bedroom Apartment, City Center (Monthly)

$811 ฿25.5K

3-bedroom Apartment, Outside City Center (Monthly)

$501 ฿15.7K

Buy Apartment in City Center (m2)

$2,202 ฿69.2K

Buy Apartment Outside City Center (m2)

$1,181 ISK 148.8K

$1,600 ฿50.3K

-26.21%

Average Monthly Net Salary (After Tax)

$684 ฿21.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

92.60%

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

Last update for Grundarfjordur: January 12, 2026

Last update for Chiang Mai: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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