Last update: Nov 2026

Cost of Living Comparison Between Hella and Selfoss

For one person, living is cheaper in Hella: $1,723 a month against $3,397 in Selfoss, rent and utilities included – about $20,100 less a year. Higher rent and utilities in Selfoss outweigh lower spending on other living expenses.

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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

Selfoss

🇮🇸 Iceland

$3,397

/mo nomad

Monthly Cost of Living

How much you'll spend in Hella and in Selfoss

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

A single person spends $1,723 per month in Hella vs $3,397 in Selfoss, rent included.

Hella $1,723
Selfoss $3,397

A couple spends around $2,927 per month in Hella vs $2,424 in Selfoss, rent included.

Hella $2,927
Selfoss $2,424

A family of three spends $4,131 per month in Hella vs $1,451 in Selfoss, rent included.

Hella $4,131
Selfoss $1,451

Hella is about 49% cheaper than Selfoss.

Both Hella and Selfoss sit above the global median – Hella by 27%, Selfoss by 151%.

Meal at Budget Restaurant

$31.22 ISK 3,790

Three-Course Dinner for Two, Mid-Range

$121 ISK 14.7K

Fast Food Meal (McDonalds, etc)

$27.24 ISK 3,307

$20.19 ISK 2,451

34.92%

Cappuccino

$6.89 ISK 836

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

$3.25 ISK 395

Water (0.33 liter bottle)

$3.08 ISK 374

Local Beer (0.5 liter draught)

$14.16 ISK 1,719

$12.45 ISK 1,511

13.73%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,493

Milk (1 liter)

$2.00 ISK 243

$1.76 ISK 214

13.64%

White Bread (500g)

$4.30 ISK 522

$7.43 ISK 902

-42.13%

Rice (white) (1kg)

$3.66 ISK 444

$4.37 ISK 531

-16.25%

Eggs

$7.27 ISK 883

$6.34 ISK 770

14.67%

Local Cheese (1kg)

$21.85 ISK 2,652

$16.92 ISK 2,054

29.14%

Chicken Fillets (1kg)

$24.10 ISK 2,925

$21.39 ISK 2,597

12.67%

Beef Round Steak (1kg)

$41.15 ISK 4,995

$33.81 ISK 4,104

21.71%

Apples (1kg)

$3.36 ISK 408

$2.83 ISK 343

18.73%

Banana (1kg)

$2.83 ISK 343

$2.59 ISK 314

9.27%

Oranges (1kg)

$3.21 ISK 390

$2.68 ISK 325

19.78%

Tomato (1kg)

$6.56 ISK 797

$7.37 ISK 895

-10.99%

Potato (1kg)

$3.91 ISK 475

$3.11 ISK 378

25.72%

Onion (1kg)

$1.69 ISK 205

$2.16 ISK 262

-21.76%

Lettuce (1 head)

$3.64 ISK 442

$3.49 ISK 424

4.30%

Water (1.5 liter bottle)

$1.83 ISK 223

$1.40 ISK 170

30.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 ISK 1,696

$15.52 ISK 1,884

-9.99%

Wine (Bottle)

$23.32 ISK 2,832

Local Beer (0.5 liter bottle)

$3.66 ISK 445

Imported Beer (0.33 liter bottle)

$3.49 ISK 423

$1.16 ISK 141

200.86%

Taxi Start (Normal Tariff)

$6.76 ISK 821

Taxi (Normal Tariff) (1km)

$2.75 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,805

Gasoline (1 liter)

$2.10 ISK 255

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 3,944

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

Cinema Ticket

$19.81 ISK 2,405

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

$1,205 ISK 146.3K

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 8,105

Sport Shoes (Adidas, Nike)

$185 ISK 22.4K

Men's Leather Business Shoes

$252 ISK 30.6K

1-bedroom Apartment, Outside City Center (Monthly)

$2,756 ISK 334.6K

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 Selfoss: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Hella

$619 35.9%

Selfoss

–

Eating Out

Hella

$535 31.1%

Selfoss

–

Clothing & Footwear

Hella

$294 17.1%

Selfoss

–

Monthly Utilities & Internet

Hella

$214 12.4%

Selfoss

–

Sport & Entertainment

Hella

$40 * 2.3%

Selfoss

–

Getting Around

Hella

$20 * 1.2%

Selfoss

–

Accommodation & Living

Hella

- * 0%

Selfoss

–

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

Good to know

🇮🇸 Hella

🇮🇸 Selfoss

🕒 Local time

05:49 5:49 AM

Same time as Hella

🌤 Weather

👥 Population

900

9,000

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Hella Selfoss 32 km

From you

Hella
Selfoss

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 Selfoss: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,584 per month in Hella and $5,095 in Selfoss. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,723 in Hella and $3,397 in Selfoss. That makes Hella about 49% cheaper.

Interestingly, groceries are about 16% cheaper in Selfoss – one category where the pricier city actually offers better value.

A $3,000 monthly budget goes further in Hella, where all-in costs run around $1,723, than in Selfoss at $3,397. In Hella it covers expenses comfortably, while in Selfoss it requires careful planning or may not stretch far enough.

It depends on your priorities. Selfoss has an edge in some lifestyle areas, with costs from $1,723 in Hella to $3,397 in Selfoss. Climate, culture, job market, and personal taste all factor in.