Cost of Living Comparison Between Keflavik and Da Nang Cost of Living Comparison Between Keflavik and Da Nang

Monthly Cost of Living

A single person spends $2,853 per month in Keflavik vs $712 in Da Nang, rent included.

A couple spends around $4,401 per month in Keflavik vs $1,080 in Da Nang, rent included.

A family of three spends $5,949 per month in Keflavik vs $1,448 in Da Nang, rent included.

Keflavik costs about 301% more than Da Nang, driven mainly by Groceries & Markets.

Keflavik sits 114% above the global median, while Da Nang is 47% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$23.97 ISK 2,962

$1.87 ₫49.2K

1181.82%

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.7K

$18.84 ₫495.2K

659.02%

Fast Food Meal (McDonalds, etc)

$20.29 ISK 2,508

$4.60 ₫121.0K

341.09%

Cappuccino

$3.95 ISK 488

$1.57 ₫41.2K

151.59%

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

$3.18 ISK 393

$0.50 ₫13.3K

536.00%

Water (0.33 liter bottle)

$2.52 ISK 312

$0.29 ₫7,549

768.97%

Local Beer (0.5 liter draught)

$7.95 ISK 983

$1.08 ₫28.3K

636.11%

Imported Beer (0.33 liter bottle)

$8.18 ISK 1,011

$1.61 ₫42.4K

408.07%

Milk (1 liter)

$1.87 ISK 231

$1.44 ₫37.8K

29.86%

White Bread (500g)

$4.18 ISK 517

$0.96 ₫25.3K

335.42%

Rice (white) (1kg)

$2.37 ISK 293

$1.13 ₫29.6K

109.73%

Eggs

$6.43 ISK 795

$1.48 ₫38.8K

334.46%

Local Cheese (1kg)

$18.22 ISK 2,252

$12.58 ₫330.7K

44.83%

Chicken Fillets (1kg)

$24.11 ISK 2,980

$3.77 ₫99.1K

539.52%

Beef Round Steak (1kg)

$42.82 ISK 5,292

$9.74 ₫256.2K

339.63%

Apples (1kg)

$2.35 ISK 291

$2.60 ₫68.3K

-9.62%

Banana (1kg)

$2.44 ISK 302

$0.92 ₫24.2K

165.22%

Oranges (1kg)

$2.36 ISK 291

$1.08 ₫28.3K

118.52%

Tomato (1kg)

$4.00 ISK 494

$1.06 ₫27.8K

277.36%

Potato (1kg)

$3.06 ISK 378

$1.10 ₫28.9K

178.18%

Onion (1kg)

$2.01 ISK 249

$1.17 ₫30.7K

71.79%

Lettuce (1 head)

$3.17 ISK 392

$1.01 ₫26.5K

213.86%

Water (1.5 liter bottle)

$1.93 ISK 239

$0.52 ₫13.7K

271.15%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,706

$1.32 ₫34.6K

945.45%

Wine (Bottle)

$15.90 ISK 1,965

$7.74 ₫203.4K

105.43%

Local Beer (0.5 liter bottle)

$3.74 ISK 462

$0.86 ₫22.5K

334.88%

Imported Beer (0.33 liter bottle)

$2.82 ISK 349

$1.64 ₫43.1K

71.95%

One-way Ticket (Public Transport)

$3.67 ISK 454

$0.35 ₫9,085

948.57%

Public Transport Monthly Pass (Regular Price)

$74.3 ISK 9,183

$3.78 ₫99.3K

1865.61%

Taxi Start (Normal Tariff)

$6.37 ISK 787

$0.88 ₫23.1K

623.86%

Taxi (Normal Tariff) (1km)

$2.26 ISK 279

$0.70 ₫18.5K

222.86%

Taxi 1hour Waiting (Normal Tariff)

$86.4 ISK 10.7K

$12.01 ₫315.8K

619.15%

Gasoline (1 liter)

$2.43 ISK 300

$0.84 ₫22.1K

189.29%

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

$47.5K ISK 5.9M

$26.3K ₫691.6M

80.62%

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

$52.0K ISK 6.4M

$27.9K ₫734.5M

86.13%

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

$86.6 ISK 10.7K

$75.9 ₫2.0M

13.97%

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

$27.84 ISK 3,441

$5.93 ₫155.9K

369.48%

Internet (50+ Mbps, Unlimited Data)

$86.2 ISK 10.7K

$8.34 ₫219.3K

933.69%

Gym Membership (Monthly)

$20.32 ₫534.3K

Tennis Court (1 Hour on Weekend)

$7.82 ₫205.7K

Cinema Ticket

$17.61 ISK 2,177

$3.16 ₫83.1K

457.28%

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

$318 ISK 39.3K

$156 ₫4.1M

103.77%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$13.0K ₫341.6M

128.80%

Jeans (Levis 501 Or Similar)

$141 ISK 17.4K

$39.50 ₫1.0M

257.27%

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,766

$25.70 ₫675.6K

144.47%

Sport Shoes (Adidas, Nike)

$180 ISK 22.3K

$52.3 ₫1.4M

244.34%

Men's Leather Business Shoes

$188 ISK 23.2K

$76.1 ₫2.0M

146.73%

1-bedroom Apartment, City Center (Monthly)

$1,829 ISK 226.0K

$362 ₫9.5M

404.64%

1-bedroom Apartment, Outside City Center (Monthly)

$1,350 ISK 166.8K

$246 ₫6.5M

449.30%

3-bedroom Apartment, City Center (Monthly)

$2,442 ISK 301.8K

$732 ₫19.3M

233.39%

3-bedroom Apartment, Outside City Center (Monthly)

$2,007 ISK 248.1K

$456 ₫12.0M

340.40%

Buy Apartment in City Center (m2)

$3,881 ₫102.0M

Buy Apartment Outside City Center (m2)

$1,304 ₫34.3M

Average Monthly Net Salary (After Tax)

$3,712 ISK 458.9K

$347 ₫9.1M

970.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

10.67

-9.75%

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

Last update for Keflavik: July 26, 2026

Last update for Da Nang: July 26, 2026

Cost Breakdown

A central one-bedroom costs $1,829 in Keflavik versus $362 in Da Nang. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 971% higher in Keflavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $143 in Keflavik versus $19.00 in Da Nang. Monthly groceries follow the same trend: $560 vs $187 – making Da Nang the more affordable choice for daily food spending.

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

Keflavik vs Da Nang: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,853 in Keflavik, $712 in Da Nang – roughly 301% apart. Keflavik costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $4,279 per month in Keflavik and $1,068 in Da Nang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 199% more in Keflavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $143 in Keflavik and $19.00 in Da Nang. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $712, than in Keflavik at $2,853. In Da Nang it covers expenses comfortably, while in Keflavik it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $712 in Da Nang to $2,853 in Keflavik. Climate, culture, job market, and personal taste all factor in.

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