Last update: Oct 2026

Cost of Living Comparison Between Iceland and Da Nang

For one person, living is cheaper in Da Nang: $844 a month against $3,841 in Iceland, rent and utilities included – about $36,000 less a year. Rent and utilities account for most of the difference.

185

Cost of Living Index in Iceland
Learn more

Iceland Living Index
42

Cost of Living Index in Da Nang
Learn more

Da Nang Living Index

Jump to prices

🇮🇸 Iceland

$3,841

/mo nomad

Da Nang

🇻🇳 Vietnam

$844

/mo nomad

😐 Solo nomad: Iceland is 293.1% more expensive than Da Nang without rent, and 355.2% more expensive with rent.

😐 Family of 3: Iceland is 315.4% more expensive than Da Nang without rent, and 266% more expensive with rent.

Meal at Budget Restaurant

$27.37 ISK 3,337

$2.27 ₫58.7K

1105.73%

Three-Course Dinner for Two, Mid-Range

$125 ISK 15.2K

$19.51 ₫504.8K

539.98%

Fast Food Meal (McDonalds, etc)

$24.08 ISK 2,937

$4.62 ₫119.6K

421.21%

Cappuccino

$6.19 ISK 755

$1.73 ₫44.8K

257.80%

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

$3.15 ISK 384

$0.65 ₫16.9K

384.62%

Water (0.33 liter bottle)

$2.99 ISK 365

$0.32 ₫8,179

834.38%

Local Beer (0.5 liter draught)

$12.47 ISK 1,521

$1.37 ₫35.5K

810.22%

Imported Beer (0.33 liter bottle)

$12.50 ISK 1,524

$2.25 ₫58.2K

455.56%

Milk (1 liter)

$2.11 ISK 258

$1.58 ₫41.0K

33.54%

White Bread (500g)

$4.09 ISK 499

$1.27 ₫32.8K

222.05%

Rice (white) (1kg)

$3.45 ISK 421

$1.04 ₫26.9K

231.73%

Eggs

$7.23 ISK 882

$1.50 ₫38.8K

382.00%

Local Cheese (1kg)

$20.83 ISK 2,541

$13.12 ₫339.5K

58.77%

Chicken Fillets (1kg)

$24.61 ISK 3,001

$4.17 ₫107.9K

490.17%

Beef Round Steak (1kg)

$42.36 ISK 5,166

$9.26 ₫239.6K

357.45%

Apples (1kg)

$3.17 ISK 387

$2.71 ₫70.2K

16.97%

Banana (1kg)

$2.72 ISK 332

$1.14 ₫29.6K

138.60%

Oranges (1kg)

$3.20 ISK 390

$1.33 ₫34.4K

140.60%

Tomato (1kg)

$5.94 ISK 724

$1.53 ₫39.6K

288.24%

Potato (1kg)

$3.96 ISK 483

$1.14 ₫29.5K

247.37%

Onion (1kg)

$1.85 ISK 226

$1.31 ₫34.0K

41.22%

Lettuce (1 head)

$3.62 ISK 441

$1.01 ₫26.1K

258.42%

Water (1.5 liter bottle)

$1.93 ISK 236

$0.49 ₫12.7K

293.88%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 ISK 1,721

$1.55 ₫40.2K

810.97%

Wine (Bottle)

$23.36 ISK 2,849

$7.80 ₫201.8K

199.49%

Local Beer (0.5 liter bottle)

$3.72 ISK 454

$0.88 ₫22.8K

322.73%

Imported Beer (0.33 liter bottle)

$3.25 ISK 396

$2.10 ₫54.3K

54.76%

One-way Ticket (Public Transport)

$5.54 ISK 676

$0.31 ₫8,147

1687.10%

Public Transport Monthly Pass (Regular Price)

$92.7 ISK 11.3K

$5.06 ₫130.9K

1731.82%

Taxi Start (Normal Tariff)

$6.87 ISK 838

$1.05 ₫27.1K

554.29%

Taxi (Normal Tariff) (1km)

$2.90 ISK 354

$0.57 ₫14.7K

408.77%

Taxi 1hour Waiting (Normal Tariff)

$81.6 ISK 9,947

$19.44 ₫503.0K

319.55%

Gasoline (1 liter)

$2.36 ISK 288

$0.89 ₫23.1K

165.17%

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

$50.2K ISK 6.1M

$30.2K ₫780.7M

66.49%

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

$53.5K ISK 6.5M

$27.9K ₫721.7M

91.97%

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

$96.5 ISK 11.8K

$78.0 ₫2.0M

23.76%

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

$30.37 ISK 3,704

$6.34 ₫164.0K

379.02%

Internet (50+ Mbps, Unlimited Data)

$88.0 ISK 10.7K

$8.23 ₫213.0K

968.65%

Gym Membership (Monthly)

$89.8 ISK 11.0K

$22.58 ₫584.2K

297.87%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,183

$5.43 ₫140.5K

833.70%

Cinema Ticket

$18.98 ISK 2,314

$3.13 ₫81.0K

506.39%

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

$1,053 ISK 128.4K

$161 ₫4.2M

556.13%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.7M

$14.7K ₫380.7M

106.77%

Jeans (Levis 501 Or Similar)

$154 ISK 18.8K

$45.61 ₫1.2M

238.68%

Summer Dress (H&M, Zara, etc)

$48.13 ISK 5,869

$27.84 ₫720.5K

72.88%

Sport Shoes (Adidas, Nike)

$175 ISK 21.4K

$102 ₫2.6M

72.18%

Men's Leather Business Shoes

$231 ISK 28.2K

$81.1 ₫2.1M

185.24%

1-bedroom Apartment, City Center (Monthly)

$2,476 ISK 301.9K

$516 ₫13.4M

379.85%

1-bedroom Apartment, Outside City Center (Monthly)

$1,968 ISK 240.0K

$341 ₫8.8M

477.78%

3-bedroom Apartment, City Center (Monthly)

$3,333 ISK 406.4K

$1,047 ₫27.1M

218.39%

3-bedroom Apartment, Outside City Center (Monthly)

$2,708 ISK 330.2K

$783 ₫20.3M

245.99%

Buy Apartment in City Center (m2)

$7,695 ISK 938.4K

$3,790 ₫98.1M

103.02%

Buy Apartment Outside City Center (m2)

$6,295 ISK 767.7K

$1,306 ₫33.8M

382.03%

Average Monthly Net Salary (After Tax)

$4,795 ISK 584.8K

$350 ₫9.1M

1269.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.29

10.72

-13.34%

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

Last update for Iceland: October 3, 2026

Last update for Da Nang: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Iceland

$2K 51.6%

Da Nang

$341 39.8% 82.7% $1.6K

Groceries & Markets

Iceland

$617 16.2%

Da Nang

$200 23.4% 67.6% $417

Eating Out

Iceland

$477 12.5%

Da Nang

$68 8% 85.7% $409

Clothing & Footwear

Iceland

$274 7.2%

Da Nang

$115 13.5% 57.9% $159

Monthly Utilities & Internet

Iceland

$215 5.6%

Da Nang

$93 10.8% 56.9% $122

Getting Around

Iceland

$136 3.6%

Da Nang

$10 1.2% 92.5% $126

Sport & Entertainment

Iceland

$128 3.4%

Da Nang

$29 3.4% 77.4% $99

Good to know

🇮🇸 Iceland

🇻🇳 Da Nang

🕒 Local time

07:04 7:04 AM

14:04 2:04 PM

7 h ahead of Iceland

🌤 Weather

👥 Population

364,260

1,245,200

💱 Currency

Icelandic Króna ISK kr

Vietnamese Dong VND ₫

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

100,000 VND = 3.86 USD

100,000 VND = 3.45 EUR

Exchange rates and currency converter

VND, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

Vietnamese Dong exchange rates as of October 10, 2026: 1 USD = 25,879 VND (100,000 VND = 3.86 USD). 1 EUR = 29,025 VND (100,000 VND = 3.45 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations