Cost of Living Comparison Between Isafjordur and Selfoss Cost of Living Comparison Between Isafjordur and Selfoss

Fast Food Meal (McDonalds, etc)

$19.63 ISK 2,444

Local Beer (0.5 liter draught)

$12.26 ISK 1,527

Milk (1 liter)

$1.75 ISK 218

White Bread (500g)

$7.42 ISK 924

Rice (white) (1kg)

$4.32 ISK 538

Eggs

$6.22 ISK 774

Local Cheese (1kg)

$16.97 ISK 2,113

Chicken Fillets (1kg)

$21.17 ISK 2,635

Beef Round Steak (1kg)

$33.10 ISK 4,121

Apples (1kg)

$2.76 ISK 344

Banana (1kg)

$2.59 ISK 322

Oranges (1kg)

$2.57 ISK 320

Tomato (1kg)

$7.15 ISK 891

Potato (1kg)

$3.14 ISK 391

Onion (1kg)

$2.07 ISK 257

Lettuce (1 head)

$3.59 ISK 447

Water (1.5 liter bottle)

$1.34 ISK 167

Cigarettes 20 Pack (Marlboro, Camel)

$15.37 ISK 1,914

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

1-bedroom Apartment, Outside City Center (Monthly)

$2,884 ISK 359.0K

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

Last update for Isafjordur: June 6, 2026

Last update for Selfoss: June 8, 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

Isafjordur vs Selfoss: Cost of Living - Frequently Asked Questions

For families, Isafjordur is more practical. Housing and childcare are both notably cheaper than in Selfoss, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Isafjordur and Selfoss are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

It comes down to priorities – Isafjordur wins on affordability, Selfoss on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.