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

🙂 Solo nomad: Hafnarfjordur is 6.4% cheaper than Nassau without rent, and 0.9% more expensive with rent.

🙂 Family of 3: Hafnarfjordur is 5.1% cheaper than Nassau without rent, and 18.9% cheaper with rent.

Meal at Budget Restaurant

$27.05 ISK 3,407

$39.85 BSD 39.85

-32.12%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

$203 BSD 203

-29.01%

Fast Food Meal (McDonalds, etc)

$16.33 ISK 2,057

$11.57 BSD 11.57

41.14%

Cappuccino

$6.19 ISK 780

$5.59 BSD 5.59

10.73%

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

$3.30 ISK 416

$2.35 BSD 2.35

40.43%

Water (0.33 liter bottle)

$2.52 ISK 317

$1.73 BSD 1.73

45.66%

Local Beer (0.5 liter draught)

$12.82 ISK 1,615

$5.14 BSD 5.14

149.42%

Imported Beer (0.33 liter bottle)

$11.18 ISK 1,409

$7.32 BSD 7.32

52.73%

Milk (1 liter)

$1.64 ISK 207

$4.76 BSD 4.76

-65.55%

White Bread (500g)

$4.25 ISK 536

$5.81 BSD 5.81

-26.85%

Rice (white) (1kg)

$3.61 ISK 455

$6.30 BSD 6.30

-42.70%

Eggs

$6.53 ISK 822

$7.83 BSD 7.83

-16.60%

Local Cheese (1kg)

$18.48 ISK 2,328

$8.48 BSD 8.48

117.92%

Chicken Fillets (1kg)

$24.11 ISK 3,038

$11.83 BSD 11.83

103.80%

Beef Round Steak (1kg)

$42.19 ISK 5,315

$20.58 BSD 20.58

105.00%

Apples (1kg)

$3.24 ISK 408

$5.37 BSD 5.37

-39.66%

Banana (1kg)

$2.46 ISK 310

$3.40 BSD 3.40

-27.65%

Oranges (1kg)

$2.99 ISK 377

$4.66 BSD 4.66

-35.84%

Tomato (1kg)

$5.09 ISK 641

$7.27 BSD 7.27

-29.99%

Potato (1kg)

$3.57 ISK 449

$5.09 BSD 5.09

-29.86%

Onion (1kg)

$2.33 ISK 293

$4.27 BSD 4.27

-45.43%

Lettuce (1 head)

$3.10 ISK 390

$3.66 BSD 3.66

-15.30%

Water (1.5 liter bottle)

$2.03 ISK 255

$2.98 BSD 2.98

-31.88%

Cigarettes 20 Pack (Marlboro, Camel)

$13.49 ISK 1,699

$13.52 BSD 13.52

-0.22%

Wine (Bottle)

$24.10 ISK 3,036

$34.15 BSD 34.15

-29.43%

Local Beer (0.5 liter bottle)

$3.62 ISK 456

$3.80 BSD 3.80

-4.74%

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

$4.39 BSD 4.39

-26.42%

One-way Ticket (Public Transport)

$5.17 ISK 652

$1.39 BSD 1.39

271.94%

Public Transport Monthly Pass (Regular Price)

$83.4 ISK 10.5K

$44.78 BSD 44.78

86.33%

Taxi Start (Normal Tariff)

$6.17 ISK 777

$5.83 BSD 5.83

5.83%

Taxi (Normal Tariff) (1km)

$2.64 ISK 332

$3.16 BSD 3.16

-16.46%

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.9K

$101 BSD 101

-14.02%

Gasoline (1 liter)

$2.48 ISK 313

$1.39 BSD 1.39

78.42%

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

$46.5K ISK 5.9M

$37.5K BSD 37.5K

23.85%

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

$52.8K ISK 6.7M

$43.6K BSD 43.6K

21.23%

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

$67.5 ISK 8,507

$305 BSD 305

-77.84%

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

$27.42 ISK 3,454

$70.4 BSD 70.4

-61.05%

Internet (50+ Mbps, Unlimited Data)

$85.3 ISK 10.7K

$101 BSD 101

-15.57%

Gym Membership (Monthly)

$63.7 ISK 8,026

$132 BSD 132

-51.81%

Tennis Court (1 Hour on Weekend)

$59.4 BSD 59.4

Cinema Ticket

$16.37 ISK 2,063

$20.37 BSD 20.37

-19.64%

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

$316 ISK 39.8K

$709 BSD 709

-55.37%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$15.2K BSD 15.2K

96.08%

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

$62.9 BSD 62.9

90.67%

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,784

$77.1 BSD 77.1

-19.81%

Sport Shoes (Adidas, Nike)

$122 ISK 15.3K

$113 BSD 113

7.88%

Men's Leather Business Shoes

$265 ISK 33.4K

$127 BSD 127

109.22%

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 299.0K

$1,876 BSD 1,876

26.52%

1-bedroom Apartment, Outside City Center (Monthly)

$2,041 ISK 257.1K

$1,803 BSD 1,803

13.20%

3-bedroom Apartment, City Center (Monthly)

$3,241 ISK 408.3K

$3,756 BSD 3,756

-13.70%

3-bedroom Apartment, Outside City Center (Monthly)

$2,555 ISK 321.8K

$3,711 BSD 3,711

-31.15%

Buy Apartment in City Center (m2)

$6,838 ISK 861.3K

$4,216 BSD 4,216

62.19%

Buy Apartment Outside City Center (m2)

$6,703 ISK 844.4K

$3,256 BSD 3,256

105.84%

Average Monthly Net Salary (After Tax)

$4,521 ISK 569.5K

$3,341 BSD 3,341

35.32%

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: January 11, 2026

Last update for Nassau: January 12, 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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