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 $3,667 per month in Hafnarfjordur vs $1,438 in Ubud, Bali, rent included.

A couple spends around $5,242 per month in Hafnarfjordur vs $2,585 in Ubud, Bali, rent included.

A family of three spends $6,816 per month in Hafnarfjordur vs $3,732 in Ubud, Bali, rent included.

Hafnarfjordur costs about 155% more than Ubud, Bali, driven mainly by Eating Out.

Both Hafnarfjordur and Ubud, Bali sit above the global median – Hafnarfjordur by 174%, Ubud, Bali by 7%.

Meal at Budget Restaurant

$26.49 ISK 3,244

$3.57 Rp 61.6K

642.02%

Three-Course Dinner for Two, Mid-Range

$145 ISK 17.7K

$32.58 Rp 562.6K

344.17%

Fast Food Meal (McDonalds, etc)

$15.93 ISK 1,951

$5.07 Rp 87.5K

214.20%

Cappuccino

$6.21 ISK 760

$2.83 Rp 48.8K

119.43%

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

$3.37 ISK 413

$1.34 Rp 23.1K

151.49%

Water (0.33 liter bottle)

$2.63 ISK 322

$0.69 Rp 12.0K

281.16%

Local Beer (0.5 liter draught)

$12.82 ISK 1,570

$2.99 Rp 51.6K

328.76%

Imported Beer (0.33 liter bottle)

$11.07 ISK 1,356

$3.85 Rp 66.4K

187.53%

Milk (1 liter)

$1.61 ISK 198

$1.74 Rp 30.1K

-7.47%

White Bread (500g)

$4.26 ISK 522

$2.54 Rp 43.8K

67.72%

Rice (white) (1kg)

$3.70 ISK 453

$1.19 Rp 20.6K

210.92%

Eggs

$6.29 ISK 770

$2.43 Rp 41.9K

158.85%

Local Cheese (1kg)

$18.50 ISK 2,266

$14.66 Rp 253.2K

26.19%

Chicken Fillets (1kg)

$24.21 ISK 2,965

$4.18 Rp 72.1K

479.19%

Beef Round Steak (1kg)

$42.07 ISK 5,152

$11.94 Rp 206.1K

252.35%

Apples (1kg)

$3.24 ISK 396

$3.69 Rp 63.6K

-12.20%

Banana (1kg)

$2.40 ISK 294

$1.61 Rp 27.7K

49.07%

Oranges (1kg)

$3.00 ISK 367

$2.69 Rp 46.4K

11.52%

Tomato (1kg)

$4.93 ISK 603

$2.33 Rp 40.2K

111.59%

Potato (1kg)

$3.51 ISK 430

$1.91 Rp 32.9K

83.77%

Onion (1kg)

$2.32 ISK 285

$2.19 Rp 37.7K

5.94%

Lettuce (1 head)

$3.16 ISK 386

$1.06 Rp 18.3K

198.11%

Water (1.5 liter bottle)

$1.93 ISK 237

$0.72 Rp 12.5K

168.06%

Cigarettes 20 Pack (Marlboro, Camel)

$13.78 ISK 1,687

$3.13 Rp 54.1K

340.26%

Wine (Bottle)

$22.71 ISK 2,782

$23.49 Rp 405.6K

-3.32%

Local Beer (0.5 liter bottle)

$3.71 ISK 455

$2.74 Rp 47.3K

35.40%

Imported Beer (0.33 liter bottle)

$3.32 ISK 407

$2.88 Rp 49.7K

15.28%

One-way Ticket (Public Transport)

$5.00 ISK 612

$0.29 Rp 5,010

1624.14%

Public Transport Monthly Pass (Regular Price)

$83.2 ISK 10.2K

$8.17 Rp 141.0K

917.87%

Taxi Start (Normal Tariff)

$6.31 ISK 772

$0.45 Rp 7,834

1302.22%

Taxi (Normal Tariff) (1km)

$2.61 ISK 319

$0.42 Rp 7,278

521.43%

Taxi 1hour Waiting (Normal Tariff)

$87.5 ISK 10.7K

$6.16 Rp 106.3K

1320.94%

Gasoline (1 liter)

$2.51 ISK 308

$0.84 Rp 14.5K

198.81%

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

$47.6K ISK 5.8M

$26.2K Rp 453.1M

81.35%

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

$52.6K ISK 6.4M

$32.5K Rp 560.8M

61.84%

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

$69.6 ISK 8,523

$78.4 Rp 1.4M

-11.26%

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

$27.48 ISK 3,366

$3.95 Rp 68.2K

595.70%

Internet (50+ Mbps, Unlimited Data)

$84.3 ISK 10.3K

$24.40 Rp 421.4K

245.57%

Gym Membership (Monthly)

$63.1 ISK 7,731

$96.5 Rp 1.7M

-34.62%

Tennis Court (1 Hour on Weekend)

$6.35 Rp 109.6K

Cinema Ticket

$16.36 ISK 2,003

$4.04 Rp 69.7K

304.95%

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

$318 ISK 39.0K

$303 Rp 5.2M

5.09%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.7M

$6,523 Rp 112.6M

364.76%

Jeans (Levis 501 Or Similar)

$120 ISK 14.7K

$53.8 Rp 929.5K

122.33%

Summer Dress (H&M, Zara, etc)

$60.6 ISK 7,423

$37.98 Rp 655.8K

59.58%

Sport Shoes (Adidas, Nike)

$121 ISK 14.8K

$86.8 Rp 1.5M

39.03%

Men's Leather Business Shoes

$263 ISK 32.3K

$78.9 Rp 1.4M

234.07%

1-bedroom Apartment, City Center (Monthly)

$2,442 ISK 299.1K

$1,012 Rp 17.5M

141.30%

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 250.7K

$674 Rp 11.6M

203.56%

3-bedroom Apartment, City Center (Monthly)

$3,209 ISK 393.1K

$3,390 Rp 58.5M

-5.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,523 ISK 309.0K

$2,098 Rp 36.2M

20.25%

Buy Apartment in City Center (m2)

$6,916 ISK 847.0K

$2,985 Rp 51.5M

131.72%

Buy Apartment Outside City Center (m2)

$7,027 ISK 860.6K

$2,339 Rp 40.4M

200.42%

Average Monthly Net Salary (After Tax)

$4,789 ISK 586.5K

$173 Rp 3.0M

2666.15%

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: April 26, 2026

Last update for Ubud, Bali: April 28, 2026

Cost Breakdown

A central one-bedroom costs $2,442 in Hafnarfjordur versus $1,012 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 2666% 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 $33.00 in Ubud, Bali. Monthly groceries follow the same trend: $590 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 155% 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 $5,501 per month in Hafnarfjordur and $2,158 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 $3,667 in Hafnarfjordur and $1,438 in Ubud, Bali. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 918% 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 $1,438, than in Hafnarfjordur at $3,667. 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 $1,438 versus $3,667 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.