Cost of Living Comparison Between Grundarfjordur and Selfoss Cost of Living Comparison Between Grundarfjordur and Selfoss

😐 Solo nomad: Grundarfjordur is 131% more expensive than Selfoss without rent, and 54.5% cheaper with rent.
😐 Family of 3: Grundarfjordur is 135.9% more expensive than Selfoss without rent, and 179.3% more expensive with rent.
Currency
🍽 Eating Out
Grundarfjordur
Selfoss
Difference
Meal at Budget Restaurant
$26.89 ISK 3,354
-
-
Three-Course Dinner for Two, Mid-Range
$143 ISK 17.8K
-
-
Fast Food Meal (McDonalds, etc)
$22.13 ISK 2,761
$19.9 ISK 2,482
11.21%
Cappuccino
$6.16 ISK 769
-
-
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.24 ISK 404
-
-
Water (0.33 liter bottle)
$2.51 ISK 313
-
-
Local Beer (0.5 liter draught)
$12.69 ISK 1,583
$12.23 ISK 1,526
3.76%
Imported Beer (0.33 liter bottle)
$11.45 ISK 1,428
-
-
🛒 Groceries & Markets
Grundarfjordur
Selfoss
Difference
Milk (1 liter)
$1.93 ISK 241
$1.73 ISK 216
11.56%
White Bread (500g)
$4.39 ISK 547
$7.36 ISK 918
-40.35%
Rice (white) (1kg)
$3.67 ISK 458
$4.54 ISK 567
-19.16%
Eggs
$6.52 ISK 814
$6.3 ISK 786
3.49%
Local Cheese (1kg)
$18.17 ISK 2,266
$17.15 ISK 2,139
5.95%
Chicken Fillets (1kg)
$24.29 ISK 3,030
$20.77 ISK 2,591
16.95%
Beef Round Steak (1kg)
$41.67 ISK 5,198
$32.97 ISK 4,114
26.39%
Apples (1kg)
$3.24 ISK 404
$2.75 ISK 343
17.82%
Banana (1kg)
$2.5 ISK 311
$2.65 ISK 331
-5.66%
Oranges (1kg)
$2.99 ISK 373
$2.58 ISK 322
15.89%
Tomato (1kg)
$4.97 ISK 621
$7.14 ISK 891
-30.39%
Potato (1kg)
$3.68 ISK 459
$3.22 ISK 402
14.29%
Onion (1kg)
$2.39 ISK 298
$2.09 ISK 261
14.35%
Lettuce (1 head)
$3.15 ISK 393
$3.52 ISK 439
-10.51%
Water (1.5 liter bottle)
$1.95 ISK 243
$1.37 ISK 172
42.34%
Cigarettes 20 Pack (Marlboro, Camel)
$13.79 ISK 1,720
$15.4 ISK 1,921
-10.45%
Wine (Bottle)
$24.42 ISK 3,047
-
-
Local Beer (0.5 liter bottle)
$3.73 ISK 466
-
-
Imported Beer (0.33 liter bottle)
$3.32 ISK 414
$1.13 ISK 141
193.81%
🚌 Getting Around
Grundarfjordur
Selfoss
Difference
Taxi Start (Normal Tariff)
$6.49 ISK 810
-
-
Taxi (Normal Tariff) (1km)
$2.66 ISK 331
-
-
Taxi 1hour Waiting (Normal Tariff)
$85.7 ISK 10.7K
-
-
Gasoline (1 liter)
$2.43 ISK 304
-
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$47.9K ISK 6M
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.3K ISK 6.5M
-
-
🧾 Monthly Utilities & Internet
Grundarfjordur
Selfoss
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$88.5 ISK 11K
-
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.54 ISK 3,436
-
-
Internet (50+ Mbps, Unlimited Data)
$83.9 ISK 10.5K
-
-
🎉 Sport & Entertainment
Grundarfjordur
Selfoss
Difference
Cinema Ticket
$17.39 ISK 2,170
-
-
🧸 Childcare & Education
Grundarfjordur
Selfoss
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$318 ISK 39.6K
-
-
International Primary School, 1 Child (Yearly)
$30.7K ISK 3.8M
-
-
👕👟 Clothing & Footwear
Grundarfjordur
Selfoss
Difference
Jeans (Levis 501 Or Similar)
$139 ISK 17.3K
-
-
Summer Dress (H&M, Zara, etc)
$61 ISK 7,607
-
-
Sport Shoes (Adidas, Nike)
$183 ISK 22.8K
-
-
Men's Leather Business Shoes
$268 ISK 33.4K
-
-
🏠 Accommodation & Living
Grundarfjordur
Selfoss
Difference
1-bedroom Apartment, Outside City Center (Monthly)
-
$2,856 ISK 356.3K
-
Buy Apartment Outside City Center (m2)
$1,147 ISK 143.1K
-
-
💵 Salaries & Financials
Grundarfjordur
Selfoss
Difference
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
0
-

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

Last update for Grundarfjordur: October 27, 2025

Last update for Selfoss: October 28, 2025

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