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

😐 Solo nomad: Grundarfjordur is 112.3% more expensive than Selfoss without rent, and 53.4% cheaper with rent.

😐 Family of 3: Grundarfjordur is 231.5% more expensive than Selfoss without rent, and 175.3% more expensive with rent.

Meal at Budget Restaurant

$27.16 ISK 3,398

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,808

$20.40 ISK 2,552

10.00%

Cappuccino

$6.02 ISK 753

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

$3.26 ISK 408

Water (0.33 liter bottle)

$2.55 ISK 319

Local Beer (0.5 liter draught)

$12.75 ISK 1,596

$11.87 ISK 1,486

7.41%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

Milk (1 liter)

$1.97 ISK 246

$1.75 ISK 219

12.57%

White Bread (500g)

$4.31 ISK 539

$7.34 ISK 918

-41.28%

Rice (white) (1kg)

$3.56 ISK 446

$4.34 ISK 543

-17.97%

Eggs

$6.44 ISK 806

$6.39 ISK 800

0.78%

Local Cheese (1kg)

$17.88 ISK 2,237

$16.74 ISK 2,094

6.81%

Chicken Fillets (1kg)

$23.87 ISK 2,987

$20.50 ISK 2,565

16.44%

Beef Round Steak (1kg)

$42.87 ISK 5,365

$32.61 ISK 4,081

31.46%

Apples (1kg)

$3.26 ISK 408

$2.77 ISK 347

17.69%

Banana (1kg)

$2.44 ISK 306

$2.61 ISK 327

-6.51%

Oranges (1kg)

$2.97 ISK 371

$2.69 ISK 337

10.41%

Tomato (1kg)

$4.97 ISK 622

$7.02 ISK 879

-29.20%

Potato (1kg)

$3.70 ISK 463

$3.20 ISK 401

15.63%

Onion (1kg)

$2.44 ISK 305

$2.03 ISK 254

20.20%

Lettuce (1 head)

$3.02 ISK 378

$3.58 ISK 448

-15.64%

Water (1.5 liter bottle)

$2.00 ISK 250

$1.33 ISK 167

50.38%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 ISK 1,737

$15.25 ISK 1,909

-8.98%

Wine (Bottle)

$23.75 ISK 2,971

Local Beer (0.5 liter bottle)

$3.55 ISK 444

Imported Beer (0.33 liter bottle)

$3.37 ISK 422

$1.10 ISK 138

206.36%

Taxi Start (Normal Tariff)

$6.37 ISK 798

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.53 ISK 316

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

$46.5K ISK 5.8M

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

$51.5K ISK 6.4M

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

$86.3 ISK 10.8K

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

$27.56 ISK 3,448

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

Cinema Ticket

$17.84 ISK 2,232

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

$315 ISK 39.4K

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

Men's Leather Business Shoes

$267 ISK 33.4K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Grundarfjordur: March 3, 2026

Last update for Selfoss: 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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