Cost of Living Comparison Between Hafnarfjordur and Selfoss Cost of Living Comparison Between Hafnarfjordur and Selfoss

😐 Solo nomad: Hafnarfjordur is 167.6% more expensive than Selfoss without rent, and 6.3% more expensive with rent.

😐 Family of 3: Hafnarfjordur is 233.3% more expensive than Selfoss without rent, and 373.4% more expensive with rent.

Meal at Budget Restaurant

$27.08 ISK 3,389

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$16.50 ISK 2,065

$20.40 ISK 2,552

-19.12%

Cappuccino

$6.20 ISK 775

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

$3.36 ISK 421

Water (0.33 liter bottle)

$2.64 ISK 330

Local Beer (0.5 liter draught)

$12.84 ISK 1,606

$11.87 ISK 1,486

8.17%

Imported Beer (0.33 liter bottle)

$11.42 ISK 1,429

Milk (1 liter)

$1.69 ISK 211

$1.75 ISK 219

-3.43%

White Bread (500g)

$4.36 ISK 545

$7.34 ISK 918

-40.60%

Rice (white) (1kg)

$3.56 ISK 445

$4.34 ISK 543

-17.97%

Eggs

$6.41 ISK 802

$6.39 ISK 800

0.31%

Local Cheese (1kg)

$17.79 ISK 2,225

$16.74 ISK 2,094

6.27%

Chicken Fillets (1kg)

$24.17 ISK 3,025

$20.50 ISK 2,565

17.90%

Beef Round Steak (1kg)

$42.16 ISK 5,276

$32.61 ISK 4,081

29.29%

Apples (1kg)

$3.23 ISK 404

$2.77 ISK 347

16.61%

Banana (1kg)

$2.36 ISK 295

$2.61 ISK 327

-9.58%

Oranges (1kg)

$3.02 ISK 378

$2.69 ISK 337

12.27%

Tomato (1kg)

$4.92 ISK 615

$7.02 ISK 879

-29.91%

Potato (1kg)

$3.59 ISK 449

$3.20 ISK 401

12.19%

Onion (1kg)

$2.45 ISK 306

$2.03 ISK 254

20.69%

Lettuce (1 head)

$3.16 ISK 396

$3.58 ISK 448

-11.73%

Water (1.5 liter bottle)

$1.99 ISK 249

$1.33 ISK 167

49.62%

Cigarettes 20 Pack (Marlboro, Camel)

$13.78 ISK 1,724

$15.25 ISK 1,909

-9.64%

Wine (Bottle)

$24.14 ISK 3,020

Local Beer (0.5 liter bottle)

$3.58 ISK 448

Imported Beer (0.33 liter bottle)

$3.25 ISK 407

$1.10 ISK 138

195.45%

One-way Ticket (Public Transport)

$4.94 ISK 618

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 772

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.6K

Gasoline (1 liter)

$2.44 ISK 305

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

$47.2K ISK 5.9M

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

$53.1K ISK 6.6M

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

$68.3 ISK 8,551

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

$27.37 ISK 3,425

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.8K

Gym Membership (Monthly)

$64.5 ISK 8,073

Cinema Ticket

$16.42 ISK 2,054

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

$325 ISK 40.7K

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$62.1 ISK 7,769

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

Men's Leather Business Shoes

$262 ISK 32.8K

1-bedroom Apartment, City Center (Monthly)

$2,438 ISK 305.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,980 ISK 247.8K

$2,844 ISK 355.9K

-30.37%

3-bedroom Apartment, City Center (Monthly)

$3,271 ISK 409.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,522 ISK 315.6K

Buy Apartment in City Center (m2)

$7,005 ISK 876.5K

Buy Apartment Outside City Center (m2)

$7,010 ISK 877.2K

Average Monthly Net Salary (After Tax)

$4,758 ISK 595.3K

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 Hafnarfjordur: March 2, 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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