Cost of Living Comparison Between Keflavik and Ubud, Bali Cost of Living Comparison Between Keflavik and Ubud, Bali

Monthly Cost of Living

Monthly costs for one person with rent: $3,028 in Keflavik versus $1,374 in Ubud, Bali.

Estimated couple costs with rent: $4,569 in Keflavik versus $2,313 in Ubud, Bali.

Monthly costs for a family of three with rent: $6,110 in Keflavik versus $3,252 in Ubud, Bali.

Living in Keflavik is roughly 120% more expensive than in Ubud, Bali, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Keflavik 124% above, Ubud, Bali 2% above.

Meal at Budget Restaurant

$24.93 ISK 2,999

$3.32 Rp 59.8K

650.90%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.4K

$35.33 Rp 635.6K

285.31%

Fast Food Meal (McDonalds, etc)

$21.12 ISK 2,540

$5.33 Rp 95.9K

296.25%

Cappuccino

$4.21 ISK 506

$2.75 Rp 49.5K

53.09%

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

$3.28 ISK 395

$1.73 Rp 31.1K

89.60%

Water (0.33 liter bottle)

$3.20 ISK 385

$0.80 Rp 14.4K

300.00%

Local Beer (0.5 liter draught)

$8.07 ISK 971

$2.95 Rp 53.0K

173.56%

Imported Beer (0.33 liter bottle)

$8.07 ISK 970

$4.44 Rp 79.9K

81.76%

Milk (1 liter)

$2.04 ISK 245

$1.50 Rp 27.0K

36.00%

White Bread (500g)

$4.44 ISK 535

$2.30 Rp 41.3K

93.04%

Rice (white) (1kg)

$2.47 ISK 298

$1.10 Rp 19.8K

124.55%

Eggs

$6.57 ISK 790

$2.16 Rp 38.9K

204.17%

Local Cheese (1kg)

$19.71 ISK 2,371

$17.09 Rp 307.4K

15.33%

Chicken Fillets (1kg)

$24.62 ISK 2,962

$3.88 Rp 69.8K

534.54%

Beef Round Steak (1kg)

$42.83 ISK 5,152

$11.92 Rp 214.4K

259.31%

Apples (1kg)

$2.51 ISK 302

$3.57 Rp 64.1K

-29.69%

Banana (1kg)

$2.45 ISK 295

$1.58 Rp 28.5K

55.06%

Oranges (1kg)

$2.51 ISK 302

$2.36 Rp 42.5K

6.36%

Tomato (1kg)

$4.12 ISK 496

$1.97 Rp 35.4K

109.14%

Potato (1kg)

$3.33 ISK 401

$1.81 Rp 32.5K

83.98%

Onion (1kg)

$1.73 ISK 208

$2.39 Rp 43.0K

-27.62%

Lettuce (1 head)

$3.76 ISK 452

$1.02 Rp 18.3K

268.63%

Water (1.5 liter bottle)

$1.84 ISK 222

$0.49 Rp 8,841

275.51%

Cigarettes 20 Pack (Marlboro, Camel)

$14.02 ISK 1,686

$2.25 Rp 40.4K

523.11%

Wine (Bottle)

$16.74 ISK 2,013

$22.30 Rp 401.2K

-24.93%

Local Beer (0.5 liter bottle)

$3.85 ISK 463

$2.37 Rp 42.6K

62.45%

Imported Beer (0.33 liter bottle)

$2.85 ISK 343

$2.90 Rp 52.1K

-1.72%

One-way Ticket (Public Transport)

$3.63 ISK 437

$0.25 Rp 4,482

1352.00%

Public Transport Monthly Pass (Regular Price)

$75.8 ISK 9,120

$8.55 Rp 153.9K

786.67%

Taxi Start (Normal Tariff)

$6.64 ISK 799

$0.44 Rp 7,950

1409.09%

Taxi (Normal Tariff) (1km)

$2.63 ISK 316

$0.42 Rp 7,598

526.19%

Taxi 1hour Waiting (Normal Tariff)

$75.9 ISK 9,130

$5.66 Rp 101.9K

1240.81%

Gasoline (1 liter)

$2.03 ISK 245

$0.81 Rp 14.7K

150.62%

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

$52.2K ISK 6.3M

$23.7K Rp 427.1M

119.73%

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

$54.1K ISK 6.5M

$31.0K Rp 557.4M

74.79%

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

$89.1 ISK 10.7K

$82.3 Rp 1.5M

8.28%

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

$33.03 ISK 3,973

$6.30 Rp 113.3K

424.29%

Internet (50+ Mbps, Unlimited Data)

$84.0 ISK 10.1K

$18.63 Rp 335.3K

350.89%

Gym Membership (Monthly)

$80.9 ISK 9,734

$54.7 Rp 984.7K

47.83%

Tennis Court (1 Hour on Weekend)

$18.45 Rp 331.9K

Cinema Ticket

$19.93 ISK 2,398

$4.24 Rp 76.3K

370.05%

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

$416 ISK 50.1K

$484 Rp 8.7M

-14.05%

International Primary School, 1 Child (Yearly)

$30.9K ISK 3.7M

$5,590 Rp 100.6M

453.18%

Jeans (Levis 501 Or Similar)

$157 ISK 18.9K

$45.77 Rp 823.5K

242.69%

Summer Dress (H&M, Zara, etc)

$67.4 ISK 8,108

$35.69 Rp 642.2K

88.85%

Sport Shoes (Adidas, Nike)

$178 ISK 21.5K

$78.3 Rp 1.4M

127.86%

Men's Leather Business Shoes

$198 ISK 23.8K

$80.1 Rp 1.4M

146.50%

1-bedroom Apartment, City Center (Monthly)

$1,909 ISK 229.6K

$1,147 Rp 20.6M

66.48%

1-bedroom Apartment, Outside City Center (Monthly)

$1,375 ISK 165.5K

$678 Rp 12.2M

102.86%

3-bedroom Apartment, City Center (Monthly)

$2,516 ISK 302.7K

$3,504 Rp 63.0M

-28.18%

3-bedroom Apartment, Outside City Center (Monthly)

$2,051 ISK 246.7K

$1,688 Rp 30.4M

21.50%

Buy Apartment in City Center (m2)

$2,788 Rp 50.2M

Buy Apartment Outside City Center (m2)

$2,257 Rp 40.6M

Average Monthly Net Salary (After Tax)

$3,760 ISK 452.3K

$165 Rp 3.0M

2177.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

13.78

-35.56%

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

Last update for Keflavik: September 28, 2026

Last update for Ubud, Bali: September 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,909 in Keflavik and $1,147 in Ubud, Bali. Housing cost is often the main lever when comparing two cities.

Keflavik pays 2178% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $136 in Keflavik vs $35.00 in Ubud, Bali for a mid-range dinner for two. Groceries echo the gap at $579 vs $286 per month, with Ubud, Bali cheaper across the board.

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 Ubud, Bali: Cost of Living - Frequently Asked Questions

Ubud, Bali wins on cost – living expenses run 120% lower than in Keflavik. Housing and daily spending are where you'll feel the difference most, making Ubud, Bali the obvious pick if budget is a priority.

Average pay runs 2178% higher in Keflavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,909 in Keflavik versus $1,147 in Ubud, Bali. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Ubud, Bali runs roughly 787% less than in Keflavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $416 in Keflavik versus $484 in Ubud, Bali. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,374 in Ubud, Bali versus $3,028 in Keflavik, a $1,000 budget is realistic in Ubud, Bali but tight or insufficient in Keflavik. The gap between the two cities makes Ubud, Bali the clear choice for anyone on this budget.

Both work as nomad bases, but Ubud, Bali delivers better value – similar infrastructure at $1,374 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ubud, Bali hard to pass up.

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

Expats usually find Ubud, Bali gentler on the wallet – expenses run 120% less than in Keflavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.