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 $3,661 per month in Hafnarfjordur vs $1,404 in Ubud, Bali, rent included.

A couple spends around $5,235 per month in Hafnarfjordur vs $2,549 in Ubud, Bali, rent included.

A family of three spends $6,808 per month in Hafnarfjordur vs $3,694 in Ubud, Bali, rent included.

Hafnarfjordur costs about 161% more than Ubud, Bali, driven mainly by Eating Out.

Both Hafnarfjordur and Ubud, Bali sit above the global median – Hafnarfjordur by 172%, Ubud, Bali by 4%.

Meal at Budget Restaurant

$27.17 ISK 3,383

$3.57 Rp 64.0K

661.06%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.0K

$32.50 Rp 582.3K

345.60%

Fast Food Meal (McDonalds, etc)

$16.06 ISK 2,000

$4.86 Rp 87.1K

230.45%

Cappuccino

$6.26 ISK 779

$2.75 Rp 49.2K

127.64%

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

$3.33 ISK 414

$1.32 Rp 23.7K

152.27%

Water (0.33 liter bottle)

$2.50 ISK 312

$0.70 Rp 12.6K

257.14%

Local Beer (0.5 liter draught)

$12.85 ISK 1,599

$2.91 Rp 52.2K

341.58%

Imported Beer (0.33 liter bottle)

$11.35 ISK 1,413

$3.79 Rp 68.0K

199.47%

Milk (1 liter)

$1.68 ISK 209

$1.71 Rp 30.6K

-1.75%

White Bread (500g)

$4.25 ISK 529

$2.47 Rp 44.3K

72.06%

Rice (white) (1kg)

$3.56 ISK 443

$1.20 Rp 21.5K

196.67%

Eggs

$6.51 ISK 810

$2.44 Rp 43.8K

166.80%

Local Cheese (1kg)

$18.32 ISK 2,281

$14.38 Rp 257.7K

27.40%

Chicken Fillets (1kg)

$24.43 ISK 3,042

$4.31 Rp 77.1K

466.82%

Beef Round Steak (1kg)

$41.97 ISK 5,225

$12.21 Rp 218.7K

243.73%

Apples (1kg)

$3.35 ISK 417

$3.68 Rp 66.0K

-8.97%

Banana (1kg)

$2.46 ISK 306

$1.55 Rp 27.8K

58.71%

Oranges (1kg)

$3.02 ISK 376

$2.79 Rp 49.9K

8.24%

Tomato (1kg)

$5.05 ISK 629

$2.33 Rp 41.8K

116.74%

Potato (1kg)

$3.57 ISK 444

$1.97 Rp 35.3K

81.22%

Onion (1kg)

$2.45 ISK 305

$2.31 Rp 41.4K

6.06%

Lettuce (1 head)

$3.19 ISK 397

$1.06 Rp 19.1K

200.94%

Water (1.5 liter bottle)

$2.01 ISK 250

$0.73 Rp 13.1K

175.34%

Cigarettes 20 Pack (Marlboro, Camel)

$13.54 ISK 1,686

$3.28 Rp 58.8K

312.80%

Wine (Bottle)

$23.20 ISK 2,888

$22.79 Rp 408.4K

1.80%

Local Beer (0.5 liter bottle)

$3.70 ISK 460

$2.81 Rp 50.3K

31.67%

Imported Beer (0.33 liter bottle)

$3.25 ISK 405

$2.78 Rp 49.9K

16.91%

One-way Ticket (Public Transport)

$5.09 ISK 634

$0.29 Rp 5,217

1655.17%

Public Transport Monthly Pass (Regular Price)

$84.4 ISK 10.5K

$8.06 Rp 144.4K

947.52%

Taxi Start (Normal Tariff)

$6.25 ISK 778

$0.45 Rp 8,047

1288.89%

Taxi (Normal Tariff) (1km)

$2.63 ISK 328

$0.45 Rp 8,094

484.44%

Taxi 1hour Waiting (Normal Tariff)

$85.6 ISK 10.7K

$6.24 Rp 111.7K

1271.31%

Gasoline (1 liter)

$2.49 ISK 311

$0.85 Rp 15.2K

192.94%

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

$48.1K ISK 6.0M

$26.0K Rp 465.4M

85.03%

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

$52.4K ISK 6.5M

$31.7K Rp 567.2M

65.65%

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

$68.0 ISK 8,465

$80.8 Rp 1.4M

-15.80%

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

$27.22 ISK 3,389

$4.06 Rp 72.7K

570.44%

Internet (50+ Mbps, Unlimited Data)

$86.1 ISK 10.7K

$24.42 Rp 437.6K

252.62%

Gym Membership (Monthly)

$64.7 ISK 8,053

$97.7 Rp 1.7M

-33.77%

Tennis Court (1 Hour on Weekend)

$6.45 Rp 115.5K

Cinema Ticket

$16.66 ISK 2,074

$4.04 Rp 72.4K

312.38%

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

$325 ISK 40.5K

$304 Rp 5.4M

7.05%

International Primary School, 1 Child (Yearly)

$30.6K ISK 3.8M

$6,621 Rp 118.6M

361.87%

Jeans (Levis 501 Or Similar)

$119 ISK 14.8K

$54.2 Rp 971.7K

119.45%

Summer Dress (H&M, Zara, etc)

$62.5 ISK 7,778

$38.78 Rp 694.7K

61.09%

Sport Shoes (Adidas, Nike)

$119 ISK 14.8K

$86.1 Rp 1.5M

38.23%

Men's Leather Business Shoes

$266 ISK 33.1K

$76.7 Rp 1.4M

247.05%

1-bedroom Apartment, City Center (Monthly)

$2,423 ISK 301.6K

$986 Rp 17.7M

145.82%

1-bedroom Apartment, Outside City Center (Monthly)

$2,037 ISK 253.6K

$658 Rp 11.8M

209.58%

3-bedroom Apartment, City Center (Monthly)

$3,250 ISK 404.7K

$3,369 Rp 60.4M

-3.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,547 ISK 317.0K

$2,066 Rp 37.0M

23.27%

Buy Apartment in City Center (m2)

$6,850 ISK 852.8K

$2,741 Rp 49.1M

149.87%

Buy Apartment Outside City Center (m2)

$6,826 ISK 849.8K

$2,228 Rp 39.9M

206.41%

Average Monthly Net Salary (After Tax)

$4,665 ISK 580.8K

$163 Rp 2.9M

2754.44%

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: June 7, 2026

Last update for Ubud, Bali: June 9, 2026

Cost Breakdown

A central one-bedroom costs $2,423 in Hafnarfjordur versus $986 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 2754% 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: $595 vs $297 – 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 161% 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 $5,492 per month in Hafnarfjordur and $2,106 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 $3,661 in Hafnarfjordur and $1,404 in Ubud, Bali. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 948% 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 $1,404, than in Hafnarfjordur at $3,661. 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 $1,404 versus $3,661 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.