Last update: Nov 2026

Cost of Living Comparison Between Hverageroi and Selfoss

For one person, living is cheaper in Hverageroi: $1,719 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 Hverageroi
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Hverageroi Living Index

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Hverageroi

🇮🇸 Iceland

$1,719

/mo nomad

Selfoss

🇮🇸 Iceland

$3,397

/mo nomad

Monthly Cost of Living

How much you'll spend in Hverageroi 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 Hverageroi and in Selfoss actually costs, broken down by who's living it.

A single person spends $1,719 per month in Hverageroi vs $3,397 in Selfoss, rent included.

Hverageroi $1,719
Selfoss $3,397

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

Hverageroi $2,927
Selfoss $2,424

A family of three spends $4,135 per month in Hverageroi vs $1,451 in Selfoss, rent included.

Hverageroi $4,135
Selfoss $1,451

Hverageroi is about 49% cheaper than Selfoss.

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

Meal at Budget Restaurant

$31.27 ISK 3,796

Three-Course Dinner for Two, Mid-Range

$124 ISK 15.1K

Fast Food Meal (McDonalds, etc)

$27.50 ISK 3,339

$20.19 ISK 2,451

36.21%

Cappuccino

$6.74 ISK 818

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

$3.37 ISK 409

Water (0.33 liter bottle)

$3.15 ISK 383

Local Beer (0.5 liter draught)

$14.10 ISK 1,712

$12.45 ISK 1,511

13.25%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,494

Milk (1 liter)

$2.02 ISK 246

$1.76 ISK 214

14.77%

White Bread (500g)

$4.28 ISK 520

$7.43 ISK 902

-42.40%

Rice (white) (1kg)

$3.65 ISK 443

$4.37 ISK 531

-16.48%

Eggs

$6.90 ISK 838

$6.34 ISK 770

8.83%

Local Cheese (1kg)

$21.93 ISK 2,663

$16.92 ISK 2,054

29.61%

Chicken Fillets (1kg)

$23.98 ISK 2,912

$21.39 ISK 2,597

12.11%

Beef Round Steak (1kg)

$41.79 ISK 5,073

$33.81 ISK 4,104

23.60%

Apples (1kg)

$3.36 ISK 408

$2.83 ISK 343

18.73%

Banana (1kg)

$2.76 ISK 334

$2.59 ISK 314

6.56%

Oranges (1kg)

$3.18 ISK 387

$2.68 ISK 325

18.66%

Tomato (1kg)

$6.38 ISK 774

$7.37 ISK 895

-13.43%

Potato (1kg)

$3.91 ISK 474

$3.11 ISK 378

25.72%

Onion (1kg)

$1.70 ISK 207

$2.16 ISK 262

-21.30%

Lettuce (1 head)

$3.62 ISK 440

$3.49 ISK 424

3.72%

Water (1.5 liter bottle)

$1.77 ISK 215

$1.40 ISK 170

26.43%

Cigarettes 20 Pack (Marlboro, Camel)

$13.81 ISK 1,677

$15.52 ISK 1,884

-11.02%

Wine (Bottle)

$23.51 ISK 2,854

Local Beer (0.5 liter bottle)

$3.54 ISK 430

Imported Beer (0.33 liter bottle)

$3.48 ISK 423

$1.16 ISK 141

200.00%

Taxi Start (Normal Tariff)

$6.90 ISK 838

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$81.7 ISK 9,920

Gasoline (1 liter)

$2.04 ISK 247

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

$69.7K ISK 8.5M

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

$55.0K ISK 6.7M

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

$97.0 ISK 11.8K

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

$32.70 ISK 3,970

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

Cinema Ticket

$19.66 ISK 2,387

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

$1,207 ISK 146.6K

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,107

Sport Shoes (Adidas, Nike)

$185 ISK 22.4K

Men's Leather Business Shoes

$247 ISK 29.9K

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 Hverageroi: November 1, 2026

Last update for Selfoss: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Hverageroi

$617 35.9%

Selfoss

–

Eating Out

Hverageroi

$535 31.1%

Selfoss

–

Clothing & Footwear

Hverageroi

$292 17%

Selfoss

–

Monthly Utilities & Internet

Hverageroi

$215 12.5%

Selfoss

–

Sport & Entertainment

Hverageroi

$39 * 2.3%

Selfoss

–

Getting Around

Hverageroi

$21 * 1.2%

Selfoss

–

Accommodation & Living

Hverageroi

- * 0%

Selfoss

–

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

Good to know

🇮🇸 Hverageroi

🇮🇸 Selfoss

🕒 Local time

04:29 4:29 AM

Same time as Hverageroi

🌤 Weather

👥 Population

2,657

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

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Highest

Between locations

Hverageroi Selfoss 11 km

From you

Hverageroi
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

Hverageroi vs Selfoss: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,578 per month in Hverageroi 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 $1,719 in Hverageroi and $3,397 in Selfoss. That makes Hverageroi about 49% cheaper.

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

A $2,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,719, than in Selfoss at $3,397. In Hverageroi 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 $1,719 in Hverageroi to $3,397 in Selfoss. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.