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 $3,069 per month in Keflavik vs $868 in Da Nang, rent included.

A couple spends around $4,595 per month in Keflavik vs $1,419 in Da Nang, rent included.

A family of three spends $6,122 per month in Keflavik vs $1,970 in Da Nang, rent included.

Keflavik costs about 254% more than Da Nang, driven mainly by Groceries & Markets.

Keflavik sits 124% above the global median, while Da Nang is 37% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$24.41 ISK 2,974

$2.35 ₫61.1K

938.72%

Three-Course Dinner for Two, Mid-Range

$137 ISK 16.7K

$19.28 ₫501.2K

610.63%

Fast Food Meal (McDonalds, etc)

$20.50 ISK 2,497

$4.71 ₫122.5K

335.24%

Cappuccino

$4.01 ISK 489

$1.80 ₫46.8K

122.78%

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

$3.22 ISK 392

$0.69 ₫18.0K

366.67%

Water (0.33 liter bottle)

$3.35 ISK 408

$0.32 ₫8,201

946.88%

Local Beer (0.5 liter draught)

$8.49 ISK 1,035

$1.31 ₫34.0K

548.09%

Imported Beer (0.33 liter bottle)

$8.34 ISK 1,016

$2.30 ₫59.7K

262.61%

Milk (1 liter)

$2.02 ISK 246

$1.50 ₫38.9K

34.67%

White Bread (500g)

$4.32 ISK 526

$1.25 ₫32.5K

245.60%

Rice (white) (1kg)

$2.40 ISK 292

$1.05 ₫27.3K

128.57%

Eggs

$6.45 ISK 785

$1.52 ₫39.6K

324.34%

Local Cheese (1kg)

$19.18 ISK 2,336

$13.04 ₫339.0K

47.09%

Chicken Fillets (1kg)

$23.88 ISK 2,909

$4.05 ₫105.4K

489.63%

Beef Round Steak (1kg)

$42.74 ISK 5,206

$9.26 ₫240.7K

361.56%

Apples (1kg)

$2.44 ISK 297

$2.60 ₫67.5K

-6.15%

Banana (1kg)

$2.41 ISK 293

$1.10 ₫28.7K

119.09%

Oranges (1kg)

$2.44 ISK 297

$1.29 ₫33.5K

89.15%

Tomato (1kg)

$4.23 ISK 515

$1.40 ₫36.3K

202.14%

Potato (1kg)

$3.18 ISK 387

$1.13 ₫29.5K

181.42%

Onion (1kg)

$1.67 ISK 203

$1.22 ₫31.8K

36.89%

Lettuce (1 head)

$3.84 ISK 468

$1.01 ₫26.3K

280.20%

Water (1.5 liter bottle)

$1.84 ISK 224

$0.52 ₫13.6K

253.85%

Cigarettes 20 Pack (Marlboro, Camel)

$14.27 ISK 1,738

$1.57 ₫40.7K

808.92%

Wine (Bottle)

$16.28 ISK 1,983

$7.48 ₫194.5K

117.65%

Local Beer (0.5 liter bottle)

$3.83 ISK 467

$0.83 ₫21.5K

361.45%

Imported Beer (0.33 liter bottle)

$2.83 ISK 345

$2.18 ₫56.6K

29.82%

One-way Ticket (Public Transport)

$3.60 ISK 439

$0.32 ₫8,196

1025.00%

Public Transport Monthly Pass (Regular Price)

$77.8 ISK 9,470

$5.04 ₫131.0K

1442.66%

Taxi Start (Normal Tariff)

$6.53 ISK 796

$1.04 ₫26.9K

527.88%

Taxi (Normal Tariff) (1km)

$2.71 ISK 330

$0.62 ₫16.0K

337.10%

Taxi 1hour Waiting (Normal Tariff)

$75.5 ISK 9,196

$19.13 ₫497.2K

294.67%

Gasoline (1 liter)

$1.92 ISK 234

$0.83 ₫21.6K

131.33%

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

$51.7K ISK 6.3M

$30.8K ₫799.4M

68.10%

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

$54.7K ISK 6.7M

$28.4K ₫737.7M

92.66%

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

$87.5 ISK 10.7K

$88.5 ₫2.3M

-1.20%

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

$33.19 ISK 4,043

$6.00 ₫155.9K

453.17%

Internet (50+ Mbps, Unlimited Data)

$84.8 ISK 10.3K

$7.95 ₫206.6K

967.04%

Gym Membership (Monthly)

$79.0 ISK 9,620

$22.83 ₫593.6K

245.95%

Tennis Court (1 Hour on Weekend)

$5.41 ₫140.6K

Cinema Ticket

$19.65 ISK 2,393

$3.13 ₫81.3K

527.80%

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

$415 ISK 50.5K

$163 ₫4.2M

154.62%

International Primary School, 1 Child (Yearly)

$30.8K ISK 3.8M

$15.3K ₫397.1M

101.94%

Jeans (Levis 501 Or Similar)

$158 ISK 19.3K

$44.57 ₫1.2M

255.60%

Summer Dress (H&M, Zara, etc)

$66.0 ISK 8,042

$27.95 ₫726.6K

136.24%

Sport Shoes (Adidas, Nike)

$177 ISK 21.5K

$100 ₫2.6M

76.26%

Men's Leather Business Shoes

$191 ISK 23.2K

$80.2 ₫2.1M

138.05%

1-bedroom Apartment, City Center (Monthly)

$1,875 ISK 228.3K

$535 ₫13.9M

250.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,340 ISK 163.2K

$342 ₫8.9M

291.53%

3-bedroom Apartment, City Center (Monthly)

$2,501 ISK 304.7K

$1,025 ₫26.6M

144.16%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 ISK 255.3K

$787 ₫20.4M

166.45%

Buy Apartment in City Center (m2)

$3,825 ₫99.5M

Buy Apartment Outside City Center (m2)

$1,283 ₫33.4M

Average Monthly Net Salary (After Tax)

$3,786 ISK 461.1K

$360 ₫9.3M

952.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

10.72

-17.16%

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

Last update for Keflavik: September 14, 2026

Last update for Da Nang: September 12, 2026

Cost Breakdown

A central one-bedroom costs $1,875 in Keflavik versus $535 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 953% 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 $137 in Keflavik versus $19.00 in Da Nang. Monthly groceries follow the same trend: $569 vs $196 – 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: $3,069 in Keflavik, $868 in Da Nang – roughly 254% apart. Keflavik costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $4,603 per month in Keflavik and $1,302 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 190% 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 $137 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 $868, than in Keflavik at $3,069. 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 $868 in Da Nang to $3,069 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.