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

😐 Solo nomad: Grundarfjordur is 157.1% more expensive than Chiang Mai without rent, and 90.2% more expensive with rent.

😐 Family of 3: Grundarfjordur is 236.4% more expensive than Chiang Mai without rent, and 120.2% more expensive with rent.

Meal at Budget Restaurant

$27.16 ISK 3,398

$2.03 ฿64.6

1237.93%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$18.59 ฿593

683.75%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,808

$7.48 ฿238

200.00%

Cappuccino

$6.02 ISK 753

$2.00 ฿63.7

201.00%

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

$3.26 ISK 408

$0.85 ฿27.01

283.53%

Water (0.33 liter bottle)

$2.55 ISK 319

$0.35 ฿11.21

628.57%

Local Beer (0.5 liter draught)

$12.75 ISK 1,596

$2.21 ฿70.5

476.92%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

$3.76 ฿120

202.39%

Milk (1 liter)

$1.97 ISK 246

$1.72 ฿54.8

14.53%

White Bread (500g)

$4.31 ISK 539

$1.63 ฿52.1

164.42%

Rice (white) (1kg)

$3.56 ISK 446

$1.16 ฿36.93

206.90%

Eggs

$6.44 ISK 806

$1.98 ฿63.1

225.25%

Local Cheese (1kg)

$17.88 ISK 2,237

$15.93 ฿508

12.24%

Chicken Fillets (1kg)

$23.87 ISK 2,987

$3.17 ฿101

653.00%

Beef Round Steak (1kg)

$42.87 ISK 5,365

$10.90 ฿348

293.30%

Apples (1kg)

$3.26 ISK 408

$2.65 ฿84.3

23.02%

Banana (1kg)

$2.44 ISK 306

$1.22 ฿38.98

100.00%

Oranges (1kg)

$2.97 ISK 371

$1.70 ฿54.1

74.71%

Tomato (1kg)

$4.97 ISK 622

$1.59 ฿50.7

212.58%

Potato (1kg)

$3.70 ISK 463

$1.32 ฿42.21

180.30%

Onion (1kg)

$2.44 ISK 305

$1.17 ฿37.25

108.55%

Lettuce (1 head)

$3.02 ISK 378

$0.68 ฿21.61

344.12%

Water (1.5 liter bottle)

$2.00 ISK 250

$0.56 ฿17.76

257.14%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 ISK 1,737

$4.51 ฿144

207.76%

Wine (Bottle)

$23.75 ISK 2,971

$19.07 ฿608

24.54%

Local Beer (0.5 liter bottle)

$3.55 ISK 444

$1.77 ฿56.4

100.56%

Imported Beer (0.33 liter bottle)

$3.37 ISK 422

$3.18 ฿101

5.97%

One-way Ticket (Public Transport)

$0.96 ฿30.70

Public Transport Monthly Pass (Regular Price)

$18.90 ฿602

Taxi Start (Normal Tariff)

$6.37 ISK 798

$1.36 ฿43.29

368.38%

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

$1.35 ฿43.11

96.30%

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

$8.03 ฿256

951.93%

Gasoline (1 liter)

$2.53 ISK 316

$1.24 ฿39.62

104.03%

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

$46.5K ISK 5.8M

$21.2K ฿674.7K

119.71%

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

$51.5K ISK 6.4M

$21.8K ฿693.5K

136.74%

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

$86.3 ISK 10.8K

$71.2 ฿2,271

21.08%

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

$27.56 ISK 3,448

$14.09 ฿449

95.60%

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

$17.47 ฿557

380.19%

Gym Membership (Monthly)

$42.07 ฿1,341

Tennis Court (1 Hour on Weekend)

$6.88 ฿219

Cinema Ticket

$17.84 ISK 2,232

$5.94 ฿189

200.34%

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

$315 ISK 39.4K

$307 ฿9,799

2.55%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$14.8K ฿471.6K

101.82%

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

$55.7 ฿1,775

150.49%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

$26.79 ฿854

127.85%

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

$83.2 ฿2,653

115.31%

Men's Leather Business Shoes

$267 ISK 33.4K

$70.1 ฿2,235

280.73%

1-bedroom Apartment, City Center (Monthly)

$427 ฿13.6K

1-bedroom Apartment, Outside City Center (Monthly)

$237 ฿7,559

3-bedroom Apartment, City Center (Monthly)

$802 ฿25.6K

3-bedroom Apartment, Outside City Center (Monthly)

$503 ฿16.0K

Buy Apartment in City Center (m2)

$2,061 ฿65.7K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

$1,533 ฿48.9K

-23.56%

Average Monthly Net Salary (After Tax)

$654 ฿20.8K

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: March 3, 2026

Last update for Chiang Mai: March 1, 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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