Last update: Oct 2026

Cost of Living Comparison Between Hella and Austin, TX

For one person, living is cheaper in Hella: $1,722 a month against $2,663 in Austin, TX, rent and utilities included – about $11,300 less a year. Higher rent and utilities in Austin, TX outweigh lower spending on other living expenses.

84

Cost of Living Index in Hella
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Hella Living Index
130

Cost of Living Index in Austin, TX
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Austin, TX Living Index

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Hella

🇮🇸 Iceland

$1,722

/mo nomad

Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Monthly Cost of Living

How much you'll spend in Hella and in Austin, TX

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

Monthly costs for one person with rent: $1,722 in Hella versus $2,663 in Austin, TX.

Hella $1,722
Austin, TX $2,663

Estimated couple costs with rent: $2,928 in Hella versus $4,133 in Austin, TX.

Hella $2,928
Austin, TX $4,133

Monthly costs for a family of three with rent: $4,135 in Hella versus $5,603 in Austin, TX.

Hella $4,135
Austin, TX $5,603

Living in Hella costs roughly 35% less than in Austin, TX, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Hella 28% above, Austin, TX 97% above.

Meal at Budget Restaurant

$31.26 ISK 3,791

$20.77 $20.77

50.51%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$84.6 $84.6

44.98%

Fast Food Meal (McDonalds, etc)

$27.14 ISK 3,291

$12.32 $12.32

120.29%

Cappuccino

$6.93 ISK 841

$5.63 $5.63

23.09%

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

$3.36 ISK 407

$3.72 $3.72

-9.68%

Water (0.33 liter bottle)

$3.07 ISK 373

$2.50 $2.50

22.80%

Local Beer (0.5 liter draught)

$13.71 ISK 1,663

$8.05 $8.05

70.31%

Imported Beer (0.33 liter bottle)

$12.32 ISK 1,495

$9.01 $9.01

36.74%

Milk (1 liter)

$2.04 ISK 247

$1.12 $1.12

82.14%

White Bread (500g)

$4.26 ISK 516

$3.75 $3.75

13.60%

Rice (white) (1kg)

$3.58 ISK 434

$3.26 $3.26

9.82%

Eggs

$6.99 ISK 848

$4.17 $4.17

67.63%

Local Cheese (1kg)

$22.00 ISK 2,668

$12.90 $12.90

70.54%

Chicken Fillets (1kg)

$24.51 ISK 2,973

$14.16 $14.16

73.09%

Beef Round Steak (1kg)

$41.04 ISK 4,978

$16.22 $16.22

153.02%

Apples (1kg)

$3.35 ISK 406

$4.33 $4.33

-22.63%

Banana (1kg)

$2.86 ISK 347

$1.46 $1.46

95.89%

Oranges (1kg)

$3.13 ISK 379

$4.51 $4.51

-30.60%

Tomato (1kg)

$6.62 ISK 803

$4.34 $4.34

52.53%

Potato (1kg)

$3.81 ISK 463

$2.58 $2.58

47.67%

Onion (1kg)

$1.71 ISK 208

$2.35 $2.35

-27.23%

Lettuce (1 head)

$3.78 ISK 458

$1.78 $1.78

112.36%

Water (1.5 liter bottle)

$1.77 ISK 215

$2.22 $2.22

-20.27%

Cigarettes 20 Pack (Marlboro, Camel)

$13.79 ISK 1,672

$9.88 $9.88

39.57%

Wine (Bottle)

$23.61 ISK 2,863

$15.08 $15.08

56.56%

Local Beer (0.5 liter bottle)

$3.71 ISK 449

$2.92 $2.92

27.05%

Imported Beer (0.33 liter bottle)

$3.50 ISK 425

$3.46 $3.46

1.16%

One-way Ticket (Public Transport)

$1.49 $1.49

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

Taxi Start (Normal Tariff)

$6.61 ISK 802

$2.73 $2.73

142.12%

Taxi (Normal Tariff) (1km)

$2.76 ISK 335

$1.66 $1.66

66.27%

Taxi 1hour Waiting (Normal Tariff)

$81.2 ISK 9,844

$35.30 $35.30

129.92%

Gasoline (1 liter)

$2.09 ISK 253

$0.95 $0.95

120.00%

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

$51.2K ISK 6.2M

$36.0K $36.0K

42.13%

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

$54.1K ISK 6.6M

$27.1K $27.1K

99.91%

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

$95.2 ISK 11.5K

$229 $229

-58.44%

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

$33.16 ISK 4,022

$59.4 $59.4

-44.17%

Internet (50+ Mbps, Unlimited Data)

$87.7 ISK 10.6K

$69.9 $69.9

25.48%

Gym Membership (Monthly)

$57.2 $57.2

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

Cinema Ticket

$19.67 ISK 2,386

$14.28 $14.28

37.75%

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

$1,198 ISK 145.2K

$1,506 $1,506

-20.48%

International Primary School, 1 Child (Yearly)

$25.7K ISK 3.1M

$21.5K $21.5K

19.56%

Jeans (Levis 501 Or Similar)

$147 ISK 17.8K

$52.8 $52.8

177.66%

Summer Dress (H&M, Zara, etc)

$67.0 ISK 8,130

$43.82 $43.82

52.97%

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

$84.8 $84.8

115.57%

Men's Leather Business Shoes

$253 ISK 30.7K

$103 $103

145.75%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

Buy Apartment in City Center (m2)

$7,614 $7,614

Buy Apartment Outside City Center (m2)

$3,157 $3,157

Average Monthly Net Salary (After Tax)

$5,121 $5,121

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

6.79

29.75%

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

Last update for Hella: October 11, 2026

Last update for Austin, TX: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Hella

$620 36%

Austin, TX

$405 15.2% 34.8% $216

Eating Out

Hella

$534 31%

Austin, TX

$354 13.3% 33.7% $180

Clothing & Footwear

Hella

$292 17%

Austin, TX

$128 4.8% 56.2% $164

Monthly Utilities & Internet

Hella

$216 12.6%

Austin, TX

$358 13.5% 65.8% $142

Sport & Entertainment

Hella

$39 * 2.3%

Austin, TX

$86 3.2% 118% $46

Getting Around

Hella

$20 * 1.2%

Austin, TX

$59 2.2% 187% $38

Accommodation & Living

Hella

- * 0%

Austin, TX

$1.3K 47.8%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Dining out: $123 in Hella vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $620 vs $405 per month, with Austin, TX cheaper across the board.

Good to know

🇮🇸 Hella

🇺🇸 Austin, TX

🕒 Local time

02:36 2:36 AM

21:36 9:36 PM

5 h behind Hella

🌤 Weather

👥 Population

900

974,447

💱 Currency

Icelandic Króna ISK kr

United States Dollar USD $

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Hella Austin, TX 6,400 km ≈ 9 h nonstop flight

From you

Hella
Austin, TX

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

Hella vs Austin, TX: Cost of Living - Frequently Asked Questions

Hella wins on cost – living expenses run 55% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Hella the obvious pick if budget is a priority.

You'd need roughly $2,583 in Hella and $3,995 in Austin, TX to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Childcare runs $1,198 in Hella versus $1,506 in Austin, TX. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Hella – a meal for two runs $123 versus $85.0 in Austin, TX. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,722 in Hella versus $2,663 in Austin, TX, a $3,000 budget is realistic in Hella but tight or insufficient in Austin, TX. The gap between the two cities makes Hella the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Hella gentler on the wallet – expenses run 55% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.