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

Fast Food Meal (McDonalds, etc)

$20.26 ISK 2,481

Local Beer (0.5 liter draught)

$12.03 ISK 1,473

Milk (1 liter)

$1.74 ISK 214

White Bread (500g)

$7.26 ISK 889

Rice (white) (1kg)

$4.53 ISK 555

Eggs

$6.29 ISK 770

Local Cheese (1kg)

$16.50 ISK 2,021

Chicken Fillets (1kg)

$20.92 ISK 2,562

Beef Round Steak (1kg)

$33.41 ISK 4,092

Apples (1kg)

$2.70 ISK 331

Banana (1kg)

$2.62 ISK 321

Oranges (1kg)

$2.57 ISK 314

Tomato (1kg)

$7.17 ISK 878

Potato (1kg)

$3.19 ISK 391

Onion (1kg)

$2.05 ISK 251

Lettuce (1 head)

$3.52 ISK 431

Water (1.5 liter bottle)

$1.38 ISK 169

Cigarettes 20 Pack (Marlboro, Camel)

$14.96 ISK 1,833

Imported Beer (0.33 liter bottle)

$1.15 ISK 140

1-bedroom Apartment, Outside City Center (Monthly)

$2,864 ISK 350.8K

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

Last update for Isafjordur: April 25, 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

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.