Cost of Living Comparison Between Grundarfjordur and Phuket Cost of Living Comparison Between Grundarfjordur and Phuket

😐 Solo nomad: Grundarfjordur is 108.7% more expensive than Phuket without rent, and 28.9% more expensive with rent.

😐 Family of 3: Grundarfjordur is 145.8% more expensive than Phuket without rent, and 19.5% more expensive with rent.

Meal at Budget Restaurant

$27.16 ISK 3,399

$4.65 ฿149

484.09%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$46.11 ฿1,474

215.98%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,809

$8.74 ฿279

156.75%

Cappuccino

$6.02 ISK 753

$3.04 ฿97.1

98.03%

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

$3.26 ISK 408

$0.72 ฿23.03

352.78%

Water (0.33 liter bottle)

$2.55 ISK 319

$0.39 ฿12.50

553.85%

Local Beer (0.5 liter draught)

$12.75 ISK 1,596

$2.44 ฿78.0

422.54%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

$3.79 ฿121

200.00%

Milk (1 liter)

$1.97 ISK 246

$2.14 ฿68.6

-7.94%

White Bread (500g)

$4.31 ISK 539

$1.86 ฿59.5

131.72%

Rice (white) (1kg)

$3.56 ISK 446

$2.19 ฿69.9

62.56%

Eggs

$6.44 ISK 806

$2.25 ฿71.8

186.22%

Local Cheese (1kg)

$17.88 ISK 2,237

$19.73 ฿631

-9.38%

Chicken Fillets (1kg)

$23.87 ISK 2,987

$3.79 ฿121

529.82%

Beef Round Steak (1kg)

$42.87 ISK 5,365

$13.55 ฿433

216.38%

Apples (1kg)

$3.26 ISK 408

$3.25 ฿104

0.31%

Banana (1kg)

$2.44 ISK 306

$1.67 ฿53.4

46.11%

Oranges (1kg)

$2.97 ISK 371

$2.39 ฿76.5

24.27%

Tomato (1kg)

$4.97 ISK 622

$2.09 ฿66.9

137.80%

Potato (1kg)

$3.70 ISK 463

$1.53 ฿48.88

141.83%

Onion (1kg)

$2.44 ISK 305

$1.51 ฿48.27

61.59%

Lettuce (1 head)

$3.02 ISK 378

$0.99 ฿31.62

205.05%

Water (1.5 liter bottle)

$2.00 ISK 250

$0.51 ฿16.46

292.16%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 ISK 1,737

$4.27 ฿137

225.06%

Wine (Bottle)

$23.75 ISK 2,971

$20.31 ฿649

16.94%

Local Beer (0.5 liter bottle)

$3.55 ISK 444

$1.79 ฿57.3

98.32%

Imported Beer (0.33 liter bottle)

$3.37 ISK 422

$2.77 ฿88.5

21.66%

One-way Ticket (Public Transport)

$1.40 ฿44.89

Public Transport Monthly Pass (Regular Price)

$11.70 ฿374

Taxi Start (Normal Tariff)

$6.37 ISK 798

$3.11 ฿99.4

104.82%

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

$0.99 ฿31.80

167.68%

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

$13.73 ฿439

515.22%

Gasoline (1 liter)

$2.53 ISK 316

$1.32 ฿42.17

91.67%

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

$46.5K ISK 5.8M

$27.2K ฿870.7K

70.72%

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

$51.5K ISK 6.4M

$34.1K ฿1.1M

50.97%

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

$86.3 ISK 10.8K

$120 ฿3,849

-28.36%

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

$27.56 ISK 3,449

$13.93 ฿445

97.85%

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

$18.31 ฿585

358.16%

Gym Membership (Monthly)

$60.9 ฿1,948

Tennis Court (1 Hour on Weekend)

$17.23 ฿551

Cinema Ticket

$17.84 ISK 2,232

$8.71 ฿278

104.82%

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

$315 ISK 39.4K

$698 ฿22.3K

-54.84%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$15.7K ฿503.0K

89.77%

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

$57.6 ฿1,843

141.93%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

$34.24 ฿1,095

78.27%

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

$113 ฿3,618

58.33%

Men's Leather Business Shoes

$267 ISK 33.4K

$84.8 ฿2,711

214.74%

1-bedroom Apartment, City Center (Monthly)

$604 ฿19.3K

1-bedroom Apartment, Outside City Center (Monthly)

$436 ฿13.9K

3-bedroom Apartment, City Center (Monthly)

$2,057 ฿65.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,498 ฿47.9K

Buy Apartment in City Center (m2)

$4,252 ฿135.9K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

$2,988 ฿95.5K

-60.80%

Average Monthly Net Salary (After Tax)

$529 ฿16.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

5.33

80.68%

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

Last update for Grundarfjordur: March 3, 2026

Last update for Phuket: February 28, 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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