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

🙂 Solo nomad: Hafnarfjordur is 11.6% cheaper than Nassau without rent, and 0.8% more expensive with rent.

🙂 Family of 3: Hafnarfjordur is 21.6% cheaper than Nassau without rent, and 20.4% cheaper with rent.

Meal at Budget Restaurant

$26.54 ISK 3,240

$39.82 BSD 39.82

-33.35%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.4K

$203 BSD 203

-29.98%

Fast Food Meal (McDonalds, etc)

$16.10 ISK 1,965

$11.68 BSD 11.68

37.84%

Cappuccino

$6.08 ISK 743

$5.62 BSD 5.62

8.19%

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

$3.24 ISK 396

$2.27 BSD 2.27

42.73%

Water (0.33 liter bottle)

$2.62 ISK 319

$1.71 BSD 1.71

53.22%

Local Beer (0.5 liter draught)

$12.99 ISK 1,585

$4.88 BSD 4.88

166.19%

Imported Beer (0.33 liter bottle)

$11.09 ISK 1,354

$7.55 BSD 7.55

46.89%

Milk (1 liter)

$1.69 ISK 206

$4.68 BSD 4.68

-63.89%

White Bread (500g)

$4.19 ISK 511

$5.67 BSD 5.67

-26.10%

Rice (white) (1kg)

$3.64 ISK 444

$6.48 BSD 6.48

-43.83%

Eggs

$6.54 ISK 798

$7.53 BSD 7.53

-13.15%

Local Cheese (1kg)

$17.86 ISK 2,180

$8.63 BSD 8.63

106.95%

Chicken Fillets (1kg)

$24.15 ISK 2,948

$12.27 BSD 12.27

96.82%

Beef Round Steak (1kg)

$42.95 ISK 5,243

$20.66 BSD 20.66

107.89%

Apples (1kg)

$3.22 ISK 393

$5.15 BSD 5.15

-37.48%

Banana (1kg)

$2.41 ISK 294

$3.40 BSD 3.40

-29.12%

Oranges (1kg)

$3.07 ISK 375

$4.86 BSD 4.86

-36.83%

Tomato (1kg)

$4.97 ISK 606

$6.96 BSD 6.96

-28.59%

Potato (1kg)

$3.59 ISK 438

$5.16 BSD 5.16

-30.43%

Onion (1kg)

$2.45 ISK 299

$4.43 BSD 4.43

-44.70%

Lettuce (1 head)

$3.12 ISK 381

$3.69 BSD 3.69

-15.45%

Water (1.5 liter bottle)

$1.99 ISK 243

$3.01 BSD 3.01

-33.89%

Cigarettes 20 Pack (Marlboro, Camel)

$13.52 ISK 1,651

$13.72 BSD 13.72

-1.46%

Wine (Bottle)

$22.88 ISK 2,792

$34.63 BSD 34.63

-33.93%

Local Beer (0.5 liter bottle)

$3.63 ISK 443

$3.94 BSD 3.94

-7.87%

Imported Beer (0.33 liter bottle)

$3.37 ISK 412

$4.45 BSD 4.45

-24.27%

One-way Ticket (Public Transport)

$5.16 ISK 629

$1.36 BSD 1.36

279.41%

Public Transport Monthly Pass (Regular Price)

$83.3 ISK 10.2K

$45.65 BSD 45.65

82.54%

Taxi Start (Normal Tariff)

$6.20 ISK 757

$6.13 BSD 6.13

1.14%

Taxi (Normal Tariff) (1km)

$2.52 ISK 308

$3.10 BSD 3.10

-18.71%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.4K

$102 BSD 102

-16.27%

Gasoline (1 liter)

$2.52 ISK 308

$1.46 BSD 1.46

72.60%

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

$47.2K ISK 5.8M

$38.1K BSD 38.1K

23.89%

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

$52.5K ISK 6.4M

$43.3K BSD 43.3K

21.34%

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

$68.1 ISK 8,311

$302 BSD 302

-77.42%

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

$27.80 ISK 3,394

$72.9 BSD 72.9

-61.84%

Internet (50+ Mbps, Unlimited Data)

$86.1 ISK 10.5K

$99.8 BSD 99.8

-13.74%

Gym Membership (Monthly)

$63.6 ISK 7,759

$130 BSD 130

-51.26%

Tennis Court (1 Hour on Weekend)

$60.8 BSD 60.8

Cinema Ticket

$16.30 ISK 1,989

$19.97 BSD 19.97

-18.38%

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

$327 ISK 39.9K

$717 BSD 717

-54.42%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.6M

$15.4K BSD 15.4K

94.32%

Jeans (Levis 501 Or Similar)

$118 ISK 14.4K

$63.0 BSD 63.0

87.60%

Summer Dress (H&M, Zara, etc)

$62.0 ISK 7,567

$76.7 BSD 76.7

-19.17%

Sport Shoes (Adidas, Nike)

$120 ISK 14.6K

$115 BSD 115

3.96%

Men's Leather Business Shoes

$271 ISK 33.0K

$126 BSD 126

114.14%

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 289.7K

$1,831 BSD 1,831

29.64%

1-bedroom Apartment, Outside City Center (Monthly)

$2,031 ISK 247.9K

$1,831 BSD 1,831

10.93%

3-bedroom Apartment, City Center (Monthly)

$3,170 ISK 387.0K

$3,733 BSD 3,733

-15.08%

3-bedroom Apartment, Outside City Center (Monthly)

$2,536 ISK 309.6K

$3,669 BSD 3,669

-30.88%

Buy Apartment in City Center (m2)

$6,995 ISK 853.8K

$4,168 BSD 4,168

67.83%

Buy Apartment Outside City Center (m2)

$7,035 ISK 858.8K

$3,327 BSD 3,327

111.44%

Average Monthly Net Salary (After Tax)

$4,683 ISK 571.6K

$3,292 BSD 3,292

42.25%

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: April 12, 2026

Last update for Nassau: April 11, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Hafnarfjordur vs other spots: cost of living compared

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