Cost of Living Comparison Between Hafnarfjordur and Nassau Cost of Living Comparison Between Hafnarfjordur and Nassau

🙂 Solo nomad: Hafnarfjordur is 1.4% cheaper than Nassau without rent, and 0.9% cheaper with rent.

🙂 Family of 3: Hafnarfjordur is 0.7% cheaper than Nassau without rent, and 19.9% cheaper with rent.

Meal at Budget Restaurant

$26.65 ISK 3,393

$39.59 BSD 39.59

-32.69%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.6K

$196 BSD 196

-25.58%

Fast Food Meal (McDonalds, etc)

$16.21 ISK 2,065

$11.65 BSD 11.65

39.14%

Cappuccino

$6.14 ISK 782

$5.83 BSD 5.83

5.32%

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

$3.24 ISK 412

$2.27 BSD 2.27

42.73%

Water (0.33 liter bottle)

$2.62 ISK 333

$1.8 BSD 1.8

45.56%

Local Beer (0.5 liter draught)

$12.68 ISK 1,615

$4.86 BSD 4.86

160.91%

Imported Beer (0.33 liter bottle)

$11.22 ISK 1,429

$7.32 BSD 7.32

53.28%

Milk (1 liter)

$1.64 ISK 209

$4.72 BSD 4.72

-65.25%

White Bread (500g)

$4.23 ISK 539

$5.71 BSD 5.71

-25.92%

Rice (white) (1kg)

$3.68 ISK 469

$6.17 BSD 6.17

-40.36%

Eggs

$6.53 ISK 832

$7.48 BSD 7.48

-12.70%

Local Cheese (1kg)

$18.5 ISK 2,356

$8.36 BSD 8.36

121.29%

Chicken Fillets (1kg)

$23.99 ISK 3,055

$11.85 BSD 11.85

102.45%

Beef Round Steak (1kg)

$42.36 ISK 5,395

$20.57 BSD 20.57

105.93%

Apples (1kg)

$3.35 ISK 426

$5.34 BSD 5.34

-37.27%

Banana (1kg)

$2.36 ISK 300

$3.46 BSD 3.46

-31.79%

Oranges (1kg)

$3.03 ISK 385

$4.68 BSD 4.68

-35.26%

Tomato (1kg)

$4.98 ISK 634

$7.22 BSD 7.22

-31.02%

Potato (1kg)

$3.56 ISK 453

$5.08 BSD 5.08

-29.92%

Onion (1kg)

$2.41 ISK 307

$4.3 BSD 4.3

-43.95%

Lettuce (1 head)

$3.07 ISK 390

$3.68 BSD 3.68

-16.58%

Water (1.5 liter bottle)

$1.95 ISK 248

$3.09 BSD 3.09

-36.89%

Cigarettes 20 Pack (Marlboro, Camel)

$13.48 ISK 1,716

$13.92 BSD 13.92

-3.16%

Wine (Bottle)

$24.67 ISK 3,142

$33.4 BSD 33.4

-26.14%

Local Beer (0.5 liter bottle)

$3.59 ISK 457

$3.98 BSD 3.98

-9.80%

Imported Beer (0.33 liter bottle)

$3.32 ISK 422

$4.34 BSD 4.34

-23.50%

One-way Ticket (Public Transport)

$4.96 ISK 631

$1.37 BSD 1.37

262.04%

Public Transport Monthly Pass (Regular Price)

$85.2 ISK 10.8K

$44.51 BSD 44.51

91.35%

Taxi Start (Normal Tariff)

$6.47 ISK 824

$6.06 BSD 6.06

6.77%

Taxi (Normal Tariff) (1km)

$2.63 ISK 335

$3.06 BSD 3.06

-14.05%

Taxi 1hour Waiting (Normal Tariff)

$87.5 ISK 11.1K

$101 BSD 101

-12.93%

Gasoline (1 liter)

$2.48 ISK 316

$1.45 BSD 1.45

71.03%

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

$48.2K ISK 6.1M

$37.9K BSD 37.9K

27.23%

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

$53.2K ISK 6.8M

$43K BSD 43K

23.57%

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

$69 ISK 8,790

$298 BSD 298

-76.87%

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

$27.18 ISK 3,461

$71 BSD 71

-61.74%

Internet (50+ Mbps, Unlimited Data)

$83.7 ISK 10.7K

$102 BSD 102

-18.20%

Gym Membership (Monthly)

$64.6 ISK 8,220

$132 BSD 132

-51.15%

Tennis Court (1 Hour on Weekend)

$59.6 BSD 59.6

Cinema Ticket

$16.11 ISK 2,052

$20.39 BSD 20.39

-20.99%

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

$318 ISK 40.5K

$711 BSD 711

-55.23%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.8M

$14.9K BSD 14.9K

99.65%

Jeans (Levis 501 Or Similar)

$121 ISK 15.4K

$65.2 BSD 65.2

85.54%

Summer Dress (H&M, Zara, etc)

$61 ISK 7,773

$75.3 BSD 75.3

-18.97%

Sport Shoes (Adidas, Nike)

$123 ISK 15.6K

$115 BSD 115

6.84%

Men's Leather Business Shoes

$263 ISK 33.5K

$129 BSD 129

103.51%

1-bedroom Apartment, City Center (Monthly)

$2,409 ISK 306.7K

$1,841 BSD 1,841

30.86%

1-bedroom Apartment, Outside City Center (Monthly)

$2,011 ISK 256.1K

$1,790 BSD 1,790

12.32%

3-bedroom Apartment, City Center (Monthly)

$3,215 ISK 409.5K

$3,637 BSD 3,637

-11.61%

3-bedroom Apartment, Outside City Center (Monthly)

$2,603 ISK 331.5K

$3,655 BSD 3,655

-28.79%

Buy Apartment in City Center (m2)

$6,744 ISK 858.8K

$4,126 BSD 4,126

63.43%

Buy Apartment Outside City Center (m2)

$6,774 ISK 862.6K

$3,281 BSD 3,281

106.46%

Average Monthly Net Salary (After Tax)

$4,559 ISK 580.6K

$3,307 BSD 3,307

37.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

7.05

36.60%

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

Last update for Hafnarfjordur: December 1, 2025

Last update for Nassau: November 29, 2025

Digital Nomad Cost of Living Index

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