Last update: Nov 2026

Cost of Living Comparison Between Hella and Egilsstadir

For one person, living is cheaper in Egilsstadir: $625 a month against $1,723 in Hella, rent and utilities included – about $13,200 less a year. Other living expenses account for most of the difference.

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Cost of Living Index in Hella
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Hella Living Index

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Hella

🇮🇸 Iceland

$1,723

/mo nomad

Egilsstadir

🇮🇸 Iceland

$625

/mo nomad

Monthly Cost of Living

How much you'll spend in Hella and in Egilsstadir

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 Egilsstadir actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,723 in Hella versus $625 in Egilsstadir.

Hella $1,723
Egilsstadir $625

Estimated couple costs with rent: $2,927 in Hella versus $1,041 in Egilsstadir.

Hella $2,927
Egilsstadir $1,041

Monthly costs for a family of three with rent: $4,131 in Hella versus $1,458 in Egilsstadir.

Hella $4,131
Egilsstadir $1,458

Living in Hella is roughly 176% more expensive than in Egilsstadir, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: Hella is 27% above, Egilsstadir is 54% below.

Meal at Budget Restaurant

$31.22 ISK 3,793

Three-Course Dinner for Two, Mid-Range

$121 ISK 14.7K

Fast Food Meal (McDonalds, etc)

$27.24 ISK 3,310

Cappuccino

$6.89 ISK 837

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

$3.25 ISK 395

Water (0.33 liter bottle)

$3.08 ISK 375

Local Beer (0.5 liter draught)

$14.16 ISK 1,721

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,495

Milk (1 liter)

$2.00 ISK 243

$1.72 ISK 210

16.28%

White Bread (500g)

$4.30 ISK 522

$2.94 ISK 357

46.26%

Rice (white) (1kg)

$3.66 ISK 444

$2.40 ISK 292

52.50%

Eggs

$7.27 ISK 883

$5.92 ISK 719

22.80%

Local Cheese (1kg)

$21.85 ISK 2,654

$21.95 ISK 2,667

-0.46%

Chicken Fillets (1kg)

$24.10 ISK 2,928

$32.40 ISK 3,937

-25.62%

Beef Round Steak (1kg)

$41.15 ISK 4,999

$44.15 ISK 5,364

-6.80%

Apples (1kg)

$3.36 ISK 408

$2.69 ISK 327

24.91%

Banana (1kg)

$2.83 ISK 343

$2.40 ISK 292

17.92%

Oranges (1kg)

$3.21 ISK 390

$2.52 ISK 306

27.38%

Tomato (1kg)

$6.56 ISK 798

$3.71 ISK 450

76.82%

Potato (1kg)

$3.91 ISK 475

$4.31 ISK 524

-9.28%

Onion (1kg)

$1.69 ISK 205

$2.08 ISK 252

-18.75%

Lettuce (1 head)

$3.64 ISK 442

$2.16 ISK 263

68.52%

Water (1.5 liter bottle)

$1.83 ISK 223

$2.23 ISK 271

-17.94%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 ISK 1,697

Wine (Bottle)

$23.32 ISK 2,834

$21.91 ISK 2,662

6.44%

Local Beer (0.5 liter bottle)

$3.66 ISK 445

$3.77 ISK 458

-2.92%

Imported Beer (0.33 liter bottle)

$3.49 ISK 424

$3.48 ISK 423

0.29%

Taxi Start (Normal Tariff)

$6.76 ISK 821

$6.07 ISK 738

11.37%

Taxi (Normal Tariff) (1km)

$2.75 ISK 334

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,813

Gasoline (1 liter)

$2.10 ISK 255

$2.44 ISK 296

-13.93%

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

$67.9K ISK 8.2M

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

$56.3K ISK 6.8M

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

$96.8 ISK 11.8K

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

$32.49 ISK 3,948

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

Cinema Ticket

$19.81 ISK 2,407

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

$1,205 ISK 146.4K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,112

Sport Shoes (Adidas, Nike)

$185 ISK 22.5K

Men's Leather Business Shoes

$252 ISK 30.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

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

Last update for Hella: November 2, 2026

Last update for Egilsstadir: October 31, 2026

Monthly budget structure

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

Groceries & Markets

Hella

$619 35.9%

Egilsstadir

–

Eating Out

Hella

$535 31.1%

Egilsstadir

–

Clothing & Footwear

Hella

$294 17.1%

Egilsstadir

–

Monthly Utilities & Internet

Hella

$214 12.4%

Egilsstadir

–

Sport & Entertainment

Hella

$40 * 2.3%

Egilsstadir

–

Getting Around

Hella

$20 * 1.2%

Egilsstadir

–

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

Good to know

🇮🇸 Hella

🇮🇸 Egilsstadir

🕒 Local time

05:49 5:49 AM

Same time as Hella

🌤 Weather

👥 Population

900

2,500

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

Exchange rates and currency converter

On the map

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Hella Egilsstadir 330 km

From you

Hella
Egilsstadir

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 Egilsstadir: Cost of Living - Frequently Asked Questions

Egilsstadir is about 64% cheaper overall, especially in transport. That difference adds up to real monthly savings that compound significantly over time.

You’d need roughly $2,584 in Hella and $937 in Egilsstadir 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.

At $625 in Egilsstadir versus $1,723 in Hella, a $1,000 budget is realistic in Egilsstadir but tight or insufficient in Hella. The gap between the two cities makes Egilsstadir 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.