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 $2,873 per month in Keflavik vs $707 in Da Nang, rent included.

A couple spends around $4,433 per month in Keflavik vs $1,081 in Da Nang, rent included.

A family of three spends $5,992 per month in Keflavik vs $1,455 in Da Nang, rent included.

Keflavik costs about 306% more than Da Nang, driven mainly by Groceries & Markets.

Keflavik sits 115% 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 2,935

$1.94 ₫50.8K

1135.57%

Three-Course Dinner for Two, Mid-Range

$147 ISK 18.0K

$19.32 ₫506.9K

661.28%

Fast Food Meal (McDonalds, etc)

$19.75 ISK 2,418

$4.69 ₫122.9K

321.11%

Cappuccino

$4.11 ISK 503

$1.57 ₫41.3K

161.78%

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

$3.12 ISK 382

$0.54 ₫14.2K

477.78%

Water (0.33 liter bottle)

$2.50 ISK 307

$0.29 ₫7,500

762.07%

Local Beer (0.5 liter draught)

$8.16 ISK 999

$1.02 ₫26.7K

700.00%

Imported Beer (0.33 liter bottle)

$8.16 ISK 999

$1.68 ₫44.0K

385.71%

Milk (1 liter)

$1.96 ISK 240

$1.42 ₫37.2K

38.03%

White Bread (500g)

$4.14 ISK 507

$1.00 ₫26.4K

314.00%

Rice (white) (1kg)

$2.48 ISK 303

$1.13 ₫29.5K

119.47%

Eggs

$6.35 ISK 777

$1.42 ₫37.3K

347.18%

Local Cheese (1kg)

$18.44 ISK 2,258

$12.36 ₫324.3K

49.19%

Chicken Fillets (1kg)

$23.91 ISK 2,928

$3.79 ₫99.3K

530.87%

Beef Round Steak (1kg)

$42.20 ISK 5,166

$10.17 ₫266.8K

314.95%

Apples (1kg)

$2.35 ISK 287

$2.75 ₫72.3K

-14.55%

Banana (1kg)

$2.48 ISK 304

$0.93 ₫24.4K

166.67%

Oranges (1kg)

$2.43 ISK 298

$1.09 ₫28.5K

122.94%

Tomato (1kg)

$3.95 ISK 483

$1.09 ₫28.7K

262.39%

Potato (1kg)

$3.21 ISK 393

$1.11 ₫29.1K

189.19%

Onion (1kg)

$2.03 ISK 248

$1.20 ₫31.6K

69.17%

Lettuce (1 head)

$3.08 ISK 377

$1.05 ₫27.5K

193.33%

Water (1.5 liter bottle)

$1.94 ISK 238

$0.48 ₫12.5K

304.17%

Cigarettes 20 Pack (Marlboro, Camel)

$13.45 ISK 1,646

$1.36 ₫35.8K

888.97%

Wine (Bottle)

$16.12 ISK 1,974

$7.55 ₫198.2K

113.51%

Local Beer (0.5 liter bottle)

$3.71 ISK 454

$0.80 ₫20.9K

363.75%

Imported Beer (0.33 liter bottle)

$2.80 ISK 343

$1.67 ₫43.7K

67.66%

One-way Ticket (Public Transport)

$3.52 ISK 432

$0.34 ₫9,004

935.29%

Public Transport Monthly Pass (Regular Price)

$74.8 ISK 9,164

$3.78 ₫99.1K

1879.89%

Taxi Start (Normal Tariff)

$6.24 ISK 765

$0.83 ₫21.8K

651.81%

Taxi (Normal Tariff) (1km)

$2.30 ISK 281

$0.70 ₫18.4K

228.57%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.4K

$11.79 ₫309.2K

622.73%

Gasoline (1 liter)

$2.56 ISK 313

$0.92 ₫24.0K

178.26%

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

$47.2K ISK 5.8M

$27.2K ₫713.0M

73.67%

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

$52.6K ISK 6.4M

$27.9K ₫730.7M

88.70%

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

$87.5 ISK 10.7K

$76.4 ₫2.0M

14.61%

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

$27.94 ISK 3,421

$5.81 ₫152.5K

380.90%

Internet (50+ Mbps, Unlimited Data)

$86.2 ISK 10.6K

$8.47 ₫222.2K

917.36%

Gym Membership (Monthly)

$19.98 ₫524.2K

Tennis Court (1 Hour on Weekend)

$7.68 ₫201.5K

Cinema Ticket

$17.88 ISK 2,190

$3.04 ₫79.7K

488.16%

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

$319 ISK 39.1K

$156 ₫4.1M

104.98%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.7M

$12.7K ₫332.0M

139.27%

Jeans (Levis 501 Or Similar)

$137 ISK 16.7K

$39.04 ₫1.0M

249.64%

Summer Dress (H&M, Zara, etc)

$61.4 ISK 7,513

$25.36 ₫665.3K

141.96%

Sport Shoes (Adidas, Nike)

$179 ISK 21.9K

$52.7 ₫1.4M

238.55%

Men's Leather Business Shoes

$187 ISK 22.9K

$76.5 ₫2.0M

143.99%

1-bedroom Apartment, City Center (Monthly)

$1,826 ISK 223.6K

$354 ₫9.3M

416.21%

1-bedroom Apartment, Outside City Center (Monthly)

$1,331 ISK 163.0K

$247 ₫6.5M

438.54%

3-bedroom Apartment, City Center (Monthly)

$2,481 ISK 303.8K

$743 ₫19.5M

234.15%

3-bedroom Apartment, Outside City Center (Monthly)

$2,009 ISK 246.0K

$459 ₫12.1M

337.29%

Buy Apartment in City Center (m2)

$3,867 ₫101.4M

Buy Apartment Outside City Center (m2)

$1,277 ₫33.5M

Average Monthly Net Salary (After Tax)

$3,701 ISK 453.2K

$324 ₫8.5M

1042.06%

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: April 26, 2026

Last update for Da Nang: April 27, 2026

Cost Breakdown

A central one-bedroom costs $1,826 in Keflavik versus $354 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 1042% 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 $147 in Keflavik versus $19.00 in Da Nang. Monthly groceries follow the same trend: $560 vs $188 – 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: $2,873 in Keflavik, $707 in Da Nang – roughly 306% apart. Keflavik costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $4,310 per month in Keflavik and $1,060 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 197% 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 $147 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 $707, than in Keflavik at $2,873. 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 $707 in Da Nang to $2,873 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.