Last update: Oct 2026

Cost of Living Comparison Between Hafnarfjordur and Ubud, Bali

For one person, living is cheaper in Ubud, Bali: $1,349 a month against $3,853 in Hafnarfjordur, rent and utilities included – about $30,000 less a year. Rent and utilities account for most of the difference.

184

Cost of Living Index in Hafnarfjordur
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Hafnarfjordur Living Index
65

Cost of Living Index in Ubud, Bali
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Ubud, Bali Living Index

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Hafnarfjordur

🇮🇸 Iceland

$3,853

/mo nomad

Ubud, Bali

🇮🇩 Indonesia

$1,349

/mo nomad

Monthly Cost of Living

How much you'll spend in Hafnarfjordur and in Ubud, Bali

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Hafnarfjordur and in Ubud, Bali actually costs, broken down by who's living it.

A single person spends $3,853 per month in Hafnarfjordur vs $1,349 in Ubud, Bali, rent included.

Hafnarfjordur $3,853
Ubud, Bali $1,349

A couple spends around $5,410 per month in Hafnarfjordur vs $2,305 in Ubud, Bali, rent included.

Hafnarfjordur $5,410
Ubud, Bali $2,305

A family of three spends $6,967 per month in Hafnarfjordur vs $3,261 in Ubud, Bali, rent included.

Hafnarfjordur $6,967
Ubud, Bali $3,261

Hafnarfjordur costs about 186% more than Ubud, Bali, and outside of rent the biggest gap is in eating out.

Meal at Budget Restaurant

$31.04 ISK 3,768

$3.32 Rp 60.3K

834.94%

Three-Course Dinner for Two, Mid-Range

$125 ISK 15.1K

$35.64 Rp 646.5K

250.08%

Fast Food Meal (McDonalds, etc)

$16.40 ISK 1,991

$5.53 Rp 100.4K

196.56%

Cappuccino

$6.71 ISK 814

$2.72 Rp 49.3K

146.69%

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

$3.33 ISK 405

$1.70 Rp 30.9K

95.88%

Water (0.33 liter bottle)

$3.14 ISK 382

$0.76 Rp 13.8K

313.16%

Local Beer (0.5 liter draught)

$14.02 ISK 1,703

$2.65 Rp 48.1K

429.06%

Imported Beer (0.33 liter bottle)

$12.11 ISK 1,470

$4.38 Rp 79.5K

176.48%

Milk (1 liter)

$1.67 ISK 203

$1.49 Rp 27.0K

12.08%

White Bread (500g)

$4.21 ISK 511

$2.28 Rp 41.3K

84.65%

Rice (white) (1kg)

$3.71 ISK 450

$1.19 Rp 21.6K

211.76%

Eggs

$7.26 ISK 881

$2.04 Rp 36.9K

255.88%

Local Cheese (1kg)

$21.51 ISK 2,611

$17.70 Rp 321.1K

21.53%

Chicken Fillets (1kg)

$24.40 ISK 2,962

$3.96 Rp 71.9K

516.16%

Beef Round Steak (1kg)

$41.76 ISK 5,070

$12.19 Rp 221.1K

242.58%

Apples (1kg)

$3.24 ISK 394

$3.66 Rp 66.3K

-11.48%

Banana (1kg)

$2.48 ISK 301

$1.52 Rp 27.5K

63.16%

Oranges (1kg)

$3.19 ISK 388

$2.23 Rp 40.4K

43.05%

Tomato (1kg)

$6.41 ISK 779

$1.97 Rp 35.8K

225.38%

Potato (1kg)

$3.93 ISK 477

$1.85 Rp 33.5K

112.43%

Onion (1kg)

$1.64 ISK 200

$2.42 Rp 44.0K

-32.23%

Lettuce (1 head)

$3.69 ISK 448

$0.99 Rp 18.0K

272.73%

Water (1.5 liter bottle)

$1.82 ISK 221

$0.51 Rp 9,313

256.86%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 ISK 1,705

$2.22 Rp 40.3K

532.43%

Wine (Bottle)

$24.05 ISK 2,920

$22.24 Rp 403.4K

8.14%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$2.26 Rp 41.0K

56.19%

Imported Beer (0.33 liter bottle)

$3.38 ISK 411

$2.97 Rp 53.9K

13.80%

One-way Ticket (Public Transport)

$5.10 ISK 620

$0.25 Rp 4,553

1940.00%

Public Transport Monthly Pass (Regular Price)

$85.0 ISK 10.3K

$7.82 Rp 141.9K

986.96%

Taxi Start (Normal Tariff)

$6.92 ISK 840

$0.44 Rp 7,972

1472.73%

Taxi (Normal Tariff) (1km)

$2.84 ISK 345

$0.43 Rp 7,801

560.47%

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,811

$5.41 Rp 98.1K

1393.72%

Gasoline (1 liter)

$2.00 ISK 243

$0.82 Rp 15.0K

143.90%

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

$68.7K ISK 8.3M

$23.8K Rp 432.4M

188.31%

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

$55.8K ISK 6.8M

$31.7K Rp 575.9M

75.63%

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

$69.4 ISK 8,419

$79.1 Rp 1.4M

-12.28%

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

$32.65 ISK 3,964

$6.45 Rp 116.9K

406.20%

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

$18.58 Rp 337.0K

357.53%

Gym Membership (Monthly)

$65.1 ISK 7,900

$49.48 Rp 897.5K

31.51%

Tennis Court (1 Hour on Weekend)

$17.65 Rp 320.1K

Cinema Ticket

$17.08 ISK 2,073

$4.27 Rp 77.5K

300.00%

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

$1,172 ISK 142.3K

$491 Rp 8.9M

138.92%

International Primary School, 1 Child (Yearly)

$25.9K ISK 3.1M

$5,674 Rp 102.9M

355.85%

Jeans (Levis 501 Or Similar)

$125 ISK 15.1K

$44.64 Rp 809.7K

179.39%

Summer Dress (H&M, Zara, etc)

$67.1 ISK 8,150

$34.95 Rp 634.0K

92.10%

Sport Shoes (Adidas, Nike)

$124 ISK 15.1K

$79.9 Rp 1.4M

55.77%

Men's Leather Business Shoes

$246 ISK 29.9K

$79.4 Rp 1.4M

210.22%

1-bedroom Apartment, City Center (Monthly)

$2,496 ISK 303.1K

$1,125 Rp 20.4M

121.94%

1-bedroom Apartment, Outside City Center (Monthly)

$2,075 ISK 251.8K

$671 Rp 12.2M

208.94%

3-bedroom Apartment, City Center (Monthly)

$3,232 ISK 392.3K

$3,565 Rp 64.7M

-9.34%

3-bedroom Apartment, Outside City Center (Monthly)

$2,670 ISK 324.2K

$1,723 Rp 31.3M

54.94%

Buy Apartment in City Center (m2)

$7,011 ISK 851.1K

$2,732 Rp 49.5M

156.64%

Buy Apartment Outside City Center (m2)

$7,014 ISK 851.6K

$2,284 Rp 41.4M

207.11%

Average Monthly Net Salary (After Tax)

$4,674 ISK 567.4K

$164 Rp 3.0M

2752.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

13.78

-36.07%

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

Last update for Hafnarfjordur: October 24, 2026

Last update for Ubud, Bali: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Hafnarfjordur

$2.1K 53.8%

Ubud, Bali

$672 49.8% 67.6% $1.4K

Groceries & Markets

Hafnarfjordur

$615 16%

Ubud, Bali

$288 21.4% 53.1% $326

Eating Out

Hafnarfjordur

$498 12.9%

Ubud, Bali

$108 8% 78.4% $391

Clothing & Footwear

Hafnarfjordur

$253 6.6%

Ubud, Bali

$108 8% 57.5% $146

Monthly Utilities & Internet

Hafnarfjordur

$187 4.9%

Ubud, Bali

$104 7.7% 44.3% $83

Getting Around

Hafnarfjordur

$127 3.3%

Ubud, Bali

$11 0.9% 91% $115

Sport & Entertainment

Hafnarfjordur

$99 2.6%

Ubud, Bali

$58 4.3% 41.5% $41

Cost Breakdown

A central one-bedroom costs $2,496 in Hafnarfjordur versus $1,125 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 in Hafnarfjordur are about 29 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $125 in Hafnarfjordur versus $36 in Ubud, Bali. Monthly groceries follow the same trend: $615 vs $288 – making Ubud, Bali the more affordable choice for daily food spending.

Good to know

🇮🇸 Hafnarfjordur

🇮🇩 Ubud, Bali

🕒 Local time

05:58 5:58 AM

13:58 1:58 PM

8 h ahead of Hafnarfjordur

🌤 Weather

👥 Population

31,525

74,800

💱 Currency

Icelandic Króna ISK kr

Indonesian Rupiah IDR Rp

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

100,000 IDR = 5.51 USD

100,000 IDR = 4.94 EUR

Exchange rates and currency converter

IDR, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 2, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.38 EUR).

Indonesian Rupiah exchange rates as of November 2, 2026: 1 USD = 18,138 IDR (100,000 IDR = 5.51 USD). 1 EUR = 20,252 IDR (100,000 IDR = 4.94 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Hafnarfjordur Ubud, Bali 12,980 km ≈ 17 h nonstop flight

From you

Hafnarfjordur
Ubud, Bali

Distances are measured in a straight line. Your location is detected approximately.

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 186% more than Ubud, Bali, and outside of rent the gap comes mainly from 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 $5,780 per month in Hafnarfjordur and $2,023 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: a one-bedroom in the center costs $1,125 there versus $2,496 in Hafnarfjordur.

Monthly expenses with rent come to $3,853 in Hafnarfjordur and $1,349 in Ubud, Bali. That makes Ubud, Bali about 65% cheaper.

Public transport costs about 91% less in Ubud, Bali. For daily commuters, that gap adds up to noticeable savings over a year.

$1,000 is a stretch for both – monthly costs hit $3,853 in Hafnarfjordur and $1,349 in Ubud, Bali. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Ubud, Bali – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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