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

😐 Solo nomad: Hafnarfjordur is 173% more expensive than Selfoss without rent, and 7.1% more expensive with rent.

😐 Family of 3: Hafnarfjordur is 165.3% more expensive than Selfoss without rent, and 378.7% more expensive with rent.

Meal at Budget Restaurant

$27.05 ISK 3,407

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

Fast Food Meal (McDonalds, etc)

$16.33 ISK 2,057

$20.36 ISK 2,565

-19.79%

Cappuccino

$6.19 ISK 780

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

$3.30 ISK 416

Water (0.33 liter bottle)

$2.52 ISK 317

Local Beer (0.5 liter draught)

$12.82 ISK 1,615

$12.28 ISK 1,547

4.40%

Imported Beer (0.33 liter bottle)

$11.18 ISK 1,409

Milk (1 liter)

$1.64 ISK 207

$1.75 ISK 220

-6.29%

White Bread (500g)

$4.25 ISK 536

$7.22 ISK 909

-41.14%

Rice (white) (1kg)

$3.61 ISK 455

$4.53 ISK 571

-20.31%

Eggs

$6.53 ISK 822

$6.42 ISK 809

1.71%

Local Cheese (1kg)

$18.48 ISK 2,328

$16.70 ISK 2,103

10.66%

Chicken Fillets (1kg)

$24.11 ISK 3,038

$20.67 ISK 2,603

16.64%

Beef Round Steak (1kg)

$42.19 ISK 5,315

$33.43 ISK 4,212

26.20%

Apples (1kg)

$3.24 ISK 408

$2.64 ISK 332

22.73%

Banana (1kg)

$2.46 ISK 310

$2.55 ISK 321

-3.53%

Oranges (1kg)

$2.99 ISK 377

$2.60 ISK 327

15.00%

Tomato (1kg)

$5.09 ISK 641

$7.10 ISK 894

-28.31%

Potato (1kg)

$3.57 ISK 449

$3.11 ISK 392

14.79%

Onion (1kg)

$2.33 ISK 293

$2.11 ISK 265

10.43%

Lettuce (1 head)

$3.10 ISK 390

$3.56 ISK 448

-12.92%

Water (1.5 liter bottle)

$2.03 ISK 255

$1.38 ISK 173

47.10%

Cigarettes 20 Pack (Marlboro, Camel)

$13.49 ISK 1,699

$15.43 ISK 1,944

-12.57%

Wine (Bottle)

$24.10 ISK 3,036

Local Beer (0.5 liter bottle)

$3.62 ISK 456

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

$1.09 ISK 138

196.33%

One-way Ticket (Public Transport)

$5.17 ISK 652

Public Transport Monthly Pass (Regular Price)

$83.4 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 777

Taxi (Normal Tariff) (1km)

$2.64 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.9K

Gasoline (1 liter)

$2.48 ISK 313

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

$46.5K ISK 5.9M

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

$52.8K ISK 6.7M

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

$67.5 ISK 8,507

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

$27.42 ISK 3,454

Internet (50+ Mbps, Unlimited Data)

$85.3 ISK 10.7K

Gym Membership (Monthly)

$63.7 ISK 8,026

Cinema Ticket

$16.37 ISK 2,063

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

$316 ISK 39.8K

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,784

Sport Shoes (Adidas, Nike)

$122 ISK 15.3K

Men's Leather Business Shoes

$265 ISK 33.4K

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 299.0K

1-bedroom Apartment, Outside City Center (Monthly)

$2,041 ISK 257.1K

$2,944 ISK 370.9K

-30.68%

3-bedroom Apartment, City Center (Monthly)

$3,241 ISK 408.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,555 ISK 321.8K

Buy Apartment in City Center (m2)

$6,838 ISK 861.3K

Buy Apartment Outside City Center (m2)

$6,703 ISK 844.4K

Average Monthly Net Salary (After Tax)

$4,521 ISK 569.5K

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: January 11, 2026

Last update for Selfoss: January 13, 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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