Cost of Living Comparison Between Hverageroi and Selfoss Cost of Living Comparison Between Hverageroi and Selfoss

Monthly Cost of Living

A single person spends $1,632 per month in Hverageroi vs $3,564 in Selfoss, rent included.

A couple spends around $2,828 per month in Hverageroi vs $2,499 in Selfoss, rent included.

A family of three spends $4,025 per month in Hverageroi vs $1,435 in Selfoss, rent included.

Hverageroi is about 54% cheaper than Selfoss, driven mainly by Eating Out.

Both Hverageroi and Selfoss sit above the global median – Hverageroi by 22%, Selfoss by 166%.

Meal at Budget Restaurant

$27.15 ISK 3,325

Three-Course Dinner for Two, Mid-Range

$145 ISK 17.8K

Fast Food Meal (McDonalds, etc)

$22.93 ISK 2,808

$20.26 ISK 2,481

13.18%

Cappuccino

$6.25 ISK 765

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

$3.37 ISK 412

Water (0.33 liter bottle)

$2.60 ISK 318

Local Beer (0.5 liter draught)

$12.65 ISK 1,549

$12.03 ISK 1,473

5.15%

Imported Beer (0.33 liter bottle)

$11.15 ISK 1,366

Milk (1 liter)

$1.90 ISK 232

$1.74 ISK 214

9.20%

White Bread (500g)

$4.20 ISK 515

$7.26 ISK 889

-42.15%

Rice (white) (1kg)

$3.71 ISK 455

$4.53 ISK 555

-18.10%

Eggs

$6.20 ISK 759

$6.29 ISK 770

-1.43%

Local Cheese (1kg)

$17.90 ISK 2,192

$16.50 ISK 2,021

8.48%

Chicken Fillets (1kg)

$23.90 ISK 2,927

$20.92 ISK 2,562

14.24%

Beef Round Steak (1kg)

$42.78 ISK 5,240

$33.41 ISK 4,092

28.05%

Apples (1kg)

$3.36 ISK 411

$2.70 ISK 331

24.44%

Banana (1kg)

$2.50 ISK 306

$2.62 ISK 321

-4.58%

Oranges (1kg)

$2.99 ISK 366

$2.57 ISK 314

16.34%

Tomato (1kg)

$4.89 ISK 599

$7.17 ISK 878

-31.80%

Potato (1kg)

$3.66 ISK 449

$3.19 ISK 391

14.73%

Onion (1kg)

$2.45 ISK 300

$2.05 ISK 251

19.51%

Lettuce (1 head)

$3.16 ISK 386

$3.52 ISK 431

-10.23%

Water (1.5 liter bottle)

$1.96 ISK 240

$1.38 ISK 169

42.03%

Cigarettes 20 Pack (Marlboro, Camel)

$13.84 ISK 1,694

$14.96 ISK 1,833

-7.49%

Wine (Bottle)

$23.07 ISK 2,825

Local Beer (0.5 liter bottle)

$3.58 ISK 439

Imported Beer (0.33 liter bottle)

$3.37 ISK 413

$1.15 ISK 140

193.04%

Taxi Start (Normal Tariff)

$6.48 ISK 793

Taxi (Normal Tariff) (1km)

$2.51 ISK 308

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.4K

Gasoline (1 liter)

$2.48 ISK 304

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

$47.5K ISK 5.8M

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

$51.6K ISK 6.3M

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

$87.6 ISK 10.7K

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

$27.37 ISK 3,353

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.4K

Cinema Ticket

$17.57 ISK 2,152

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

$319 ISK 39.1K

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$137 ISK 16.7K

Summer Dress (H&M, Zara, etc)

$61.4 ISK 7,521

Sport Shoes (Adidas, Nike)

$181 ISK 22.1K

Men's Leather Business Shoes

$266 ISK 32.6K

1-bedroom Apartment, Outside City Center (Monthly)

$2,864 ISK 350.8K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Hverageroi: April 27, 2026

Last update for Selfoss: April 28, 2026

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

Selfoss costs about 118% more than Hverageroi, 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 $2,448 per month in Hverageroi and $5,346 in Selfoss. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,632 in Hverageroi and $3,564 in Selfoss. The difference isn't just one category – it shows up across housing, food, transport, and services.

Interestingly, groceries are about 16% cheaper in Selfoss – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,632, than in Selfoss at $3,564. In Hverageroi it covers expenses comfortably, while in Selfoss it requires careful planning or may not stretch far enough.

Families tend to lean toward Hverageroi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Hverageroi. If higher salaries, better infrastructure, or specific career opportunities are the priority, Selfoss makes more sense. Both are solid long-term options with distinct trade-offs.