Cost of Living Comparison Between Hafnarfjordur and Ubud, Bali Cost of Living Comparison Between Hafnarfjordur and Ubud, Bali

Monthly Cost of Living

A single person spends $3,743 per month in Hafnarfjordur vs $1,392 in Ubud, Bali, rent included.

A couple spends around $5,243 per month in Hafnarfjordur vs $2,557 in Ubud, Bali, rent included.

A family of three spends $6,742 per month in Hafnarfjordur vs $3,723 in Ubud, Bali, rent included.

Hafnarfjordur costs about 169% more than Ubud, Bali, driven mainly by Eating Out.

Both Hafnarfjordur and Ubud, Bali sit above the global median – Hafnarfjordur by 181%, Ubud, Bali by 5%.

Meal at Budget Restaurant

$26.51 ISK 3,277

$3.57 Rp 64.3K

642.58%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.0K

$32.32 Rp 581.4K

350.12%

Fast Food Meal (McDonalds, etc)

$16.15 ISK 1,997

$5.01 Rp 90.1K

222.36%

Cappuccino

$5.95 ISK 735

$2.82 Rp 50.8K

110.99%

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

$3.26 ISK 403

$1.35 Rp 24.3K

141.48%

Water (0.33 liter bottle)

$2.61 ISK 323

$0.73 Rp 13.1K

257.53%

Local Beer (0.5 liter draught)

$12.64 ISK 1,562

$2.93 Rp 52.8K

331.40%

Imported Beer (0.33 liter bottle)

$11.36 ISK 1,404

$3.94 Rp 70.8K

188.32%

Milk (1 liter)

$1.69 ISK 209

$1.78 Rp 32.0K

-5.06%

White Bread (500g)

$4.31 ISK 532

$2.45 Rp 44.1K

75.92%

Rice (white) (1kg)

$3.56 ISK 440

$1.15 Rp 20.7K

209.57%

Eggs

$6.21 ISK 767

$2.41 Rp 43.4K

157.68%

Local Cheese (1kg)

$18.06 ISK 2,232

$14.33 Rp 257.8K

26.03%

Chicken Fillets (1kg)

$23.82 ISK 2,944

$4.19 Rp 75.3K

468.50%

Beef Round Steak (1kg)

$43.07 ISK 5,324

$12.06 Rp 216.9K

257.13%

Apples (1kg)

$3.35 ISK 414

$3.64 Rp 65.4K

-7.97%

Banana (1kg)

$2.34 ISK 289

$1.57 Rp 28.2K

49.04%

Oranges (1kg)

$3.14 ISK 388

$2.79 Rp 50.1K

12.54%

Tomato (1kg)

$5.03 ISK 622

$2.24 Rp 40.3K

124.55%

Potato (1kg)

$3.67 ISK 453

$1.98 Rp 35.6K

85.35%

Onion (1kg)

$2.40 ISK 296

$2.28 Rp 41.0K

5.26%

Lettuce (1 head)

$3.07 ISK 380

$1.05 Rp 19.0K

192.38%

Water (1.5 liter bottle)

$1.92 ISK 237

$0.79 Rp 14.2K

143.04%

Cigarettes 20 Pack (Marlboro, Camel)

$13.77 ISK 1,703

$3.19 Rp 57.4K

331.66%

Wine (Bottle)

$23.38 ISK 2,890

$23.49 Rp 422.6K

-0.47%

Local Beer (0.5 liter bottle)

$3.64 ISK 450

$2.90 Rp 52.1K

25.52%

Imported Beer (0.33 liter bottle)

$3.21 ISK 397

$2.76 Rp 49.6K

16.30%

One-way Ticket (Public Transport)

$5.19 ISK 642

$0.27 Rp 4,796

1822.22%

Public Transport Monthly Pass (Regular Price)

$83.2 ISK 10.3K

$8.37 Rp 150.5K

894.15%

Taxi Start (Normal Tariff)

$6.47 ISK 800

$0.45 Rp 8,138

1337.78%

Taxi (Normal Tariff) (1km)

$2.52 ISK 312

$0.46 Rp 8,269

447.83%

Taxi 1hour Waiting (Normal Tariff)

$85.7 ISK 10.6K

$6.07 Rp 109.2K

1312.52%

Gasoline (1 liter)

$2.45 ISK 303

$0.86 Rp 15.6K

184.88%

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

$46.5K ISK 5.7M

$26.6K Rp 478.3M

74.83%

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

$52.0K ISK 6.4M

$32.5K Rp 585.6M

59.86%

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

$69.5 ISK 8,589

$79.0 Rp 1.4M

-12.06%

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

$27.05 ISK 3,344

$4.09 Rp 73.6K

561.37%

Internet (50+ Mbps, Unlimited Data)

$86.3 ISK 10.7K

$23.85 Rp 429.0K

261.68%

Gym Membership (Monthly)

$64.1 ISK 7,917

$98.8 Rp 1.8M

-35.16%

Tennis Court (1 Hour on Weekend)

$6.35 Rp 114.3K

Cinema Ticket

$16.45 ISK 2,033

$4.01 Rp 72.1K

310.22%

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

$321 ISK 39.7K

$297 Rp 5.3M

8.16%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.7M

$6,602 Rp 118.8M

355.74%

Jeans (Levis 501 Or Similar)

$118 ISK 14.6K

$53.4 Rp 961.1K

121.65%

Summer Dress (H&M, Zara, etc)

$60.9 ISK 7,527

$38.11 Rp 685.7K

59.80%

Sport Shoes (Adidas, Nike)

$121 ISK 15.0K

$88.7 Rp 1.6M

36.66%

Men's Leather Business Shoes

$271 ISK 33.4K

$76.6 Rp 1.4M

253.15%

1-bedroom Apartment, City Center (Monthly)

$2,379 ISK 294.1K

$1,020 Rp 18.3M

133.30%

1-bedroom Apartment, Outside City Center (Monthly)

$2,013 ISK 248.8K

$680 Rp 12.2M

195.91%

3-bedroom Apartment, City Center (Monthly)

$3,196 ISK 395.0K

$3,469 Rp 62.4M

-7.88%

3-bedroom Apartment, Outside City Center (Monthly)

$2,588 ISK 319.9K

$2,090 Rp 37.6M

23.85%

Buy Apartment in City Center (m2)

$6,883 ISK 850.7K

$2,729 Rp 49.1M

152.22%

Buy Apartment Outside City Center (m2)

$6,652 ISK 822.2K

$2,295 Rp 41.3M

189.80%

Average Monthly Net Salary (After Tax)

$4,538 ISK 560.9K

$164 Rp 2.9M

2672.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.28

-27.48%

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

Last update for Hafnarfjordur: July 27, 2026

Last update for Ubud, Bali: July 28, 2026

Cost Breakdown

A central one-bedroom costs $2,379 in Hafnarfjordur versus $1,020 in Ubud, Bali. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 2673% higher in Hafnarfjordur, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $145 in Hafnarfjordur versus $32.00 in Ubud, Bali. Monthly groceries follow the same trend: $593 vs $298 – making Ubud, Bali the more affordable choice for daily food spending.

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 Ubud, Bali: Cost of Living - Frequently Asked Questions

Hafnarfjordur costs about 169% more than Ubud, Bali, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $5,615 per month in Hafnarfjordur and $2,088 in Ubud, Bali. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ubud, Bali, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $3,743 in Hafnarfjordur and $1,392 in Ubud, Bali. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 894% less in Ubud, Bali. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Ubud, Bali, where all-in costs run around $1,392, than in Hafnarfjordur at $3,743. In Ubud, Bali it covers expenses comfortably, while in Hafnarfjordur it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ubud, Bali costs $1,392 versus $3,743 in Hafnarfjordur. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Ubud, Bali. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hafnarfjordur makes more sense. Both are solid long-term options with distinct trade-offs.