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

😐 Solo nomad: Grundarfjordur is 155.2% more expensive than Chiang Mai without rent, and 84.9% more expensive with rent.

😐 Family of 3: Grundarfjordur is 165.5% more expensive than Chiang Mai without rent, and 118.3% more expensive with rent.

Meal at Budget Restaurant

$26.89 ISK 3,354

$2.02 ฿65.3

1231.19%

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.8K

$18.78 ฿608

661.40%

Fast Food Meal (McDonalds, etc)

$22.13 ISK 2,761

$7.67 ฿248

188.53%

Cappuccino

$6.16 ISK 769

$1.98 ฿64.2

211.11%

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

$3.24 ISK 404

$0.82 ฿26.64

295.12%

Water (0.33 liter bottle)

$2.51 ISK 313

$0.33 ฿10.58

660.61%

Local Beer (0.5 liter draught)

$12.69 ISK 1,583

$2.12 ฿68.6

498.58%

Imported Beer (0.33 liter bottle)

$11.45 ISK 1,428

$3.73 ฿121

206.97%

Milk (1 liter)

$1.93 ISK 241

$1.64 ฿53.2

17.68%

White Bread (500g)

$4.39 ISK 547

$1.57 ฿50.9

179.62%

Rice (white) (1kg)

$3.67 ISK 458

$1.19 ฿38.62

208.40%

Eggs

$6.52 ISK 814

$1.98 ฿64.1

229.29%

Local Cheese (1kg)

$18.17 ISK 2,266

$15.99 ฿517

13.63%

Chicken Fillets (1kg)

$24.29 ISK 3,030

$3.12 ฿101

678.53%

Beef Round Steak (1kg)

$41.67 ISK 5,198

$11.16 ฿361

273.39%

Apples (1kg)

$3.24 ISK 404

$2.76 ฿89.2

17.39%

Banana (1kg)

$2.5 ISK 311

$1.22 ฿39.5

104.92%

Oranges (1kg)

$2.99 ISK 373

$1.71 ฿55.4

74.85%

Tomato (1kg)

$4.97 ISK 621

$1.55 ฿50.2

220.65%

Potato (1kg)

$3.68 ISK 459

$1.34 ฿43.21

174.63%

Onion (1kg)

$2.39 ISK 298

$1.21 ฿39.23

97.52%

Lettuce (1 head)

$3.15 ISK 393

$0.72 ฿23.2

337.50%

Water (1.5 liter bottle)

$1.95 ISK 243

$0.53 ฿17.05

267.92%

Cigarettes 20 Pack (Marlboro, Camel)

$13.79 ISK 1,720

$4.72 ฿153

192.16%

Wine (Bottle)

$24.42 ISK 3,047

$18.39 ฿595

32.79%

Local Beer (0.5 liter bottle)

$3.73 ISK 466

$1.79 ฿57.9

108.38%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$3.21 ฿104

3.43%

One-way Ticket (Public Transport)

$0.94 ฿30.44

Public Transport Monthly Pass (Regular Price)

$18.9 ฿612

Taxi Start (Normal Tariff)

$6.49 ISK 810

$1.42 ฿46.08

357.04%

Taxi (Normal Tariff) (1km)

$2.66 ISK 331

$1.35 ฿43.53

97.04%

Taxi 1hour Waiting (Normal Tariff)

$85.7 ISK 10.7K

$7.85 ฿254

991.08%

Gasoline (1 liter)

$2.43 ISK 304

$1.25 ฿40.4

94.40%

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

$47.9K ISK 6M

$21.2K ฿684.9K

126.56%

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

$52.3K ISK 6.5M

$21.8K ฿706.8K

139.44%

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

$88.5 ISK 11K

$70.6 ฿2,285

25.34%

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

$27.54 ISK 3,436

$13.72 ฿444

100.73%

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

$17.56 ฿568

377.62%

Gym Membership (Monthly)

$41.64 ฿1,347

Tennis Court (1 Hour on Weekend)

$6.9 ฿223

Cinema Ticket

$17.39 ISK 2,170

$5.8 ฿188

199.83%

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

$318 ISK 39.6K

$308 ฿9,963

3.13%

International Primary School, 1 Child (Yearly)

$30.7K ISK 3.8M

$14.7K ฿475.8K

108.68%

Jeans (Levis 501 Or Similar)

$139 ISK 17.3K

$55.4 ฿1,793

150.32%

Summer Dress (H&M, Zara, etc)

$61 ISK 7,607

$26.4 ฿854

130.98%

Sport Shoes (Adidas, Nike)

$183 ISK 22.8K

$85.1 ฿2,755

114.54%

Men's Leather Business Shoes

$268 ISK 33.4K

$71.8 ฿2,323

273.01%

1-bedroom Apartment, City Center (Monthly)

$434 ฿14K

1-bedroom Apartment, Outside City Center (Monthly)

$235 ฿7,610

3-bedroom Apartment, City Center (Monthly)

$821 ฿26.6K

3-bedroom Apartment, Outside City Center (Monthly)

$498 ฿16.1K

Buy Apartment in City Center (m2)

$2,180 ฿70.6K

Buy Apartment Outside City Center (m2)

$1,147 ISK 143.1K

$1,543 ฿49.9K

-25.65%

Average Monthly Net Salary (After Tax)

$703 ฿22.8K

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: October 27, 2025

Last update for Chiang Mai: October 29, 2025

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