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: $2,853 in Keflavik versus $1,392 in Ubud, Bali.

Estimated couple costs with rent: $4,401 in Keflavik versus $2,557 in Ubud, Bali.

Monthly costs for a family of three with rent: $5,949 in Keflavik versus $3,723 in Ubud, Bali.

Living in Keflavik is roughly 105% more expensive than in Ubud, Bali, driven mainly by Eating Out.

Both cities are pricier than the global median: Keflavik 114% above, Ubud, Bali 5% above.

Meal at Budget Restaurant

$23.97 ISK 2,962

$3.57 Rp 64.5K

571.43%

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.7K

$32.32 Rp 583.4K

342.45%

Fast Food Meal (McDonalds, etc)

$20.29 ISK 2,508

$5.01 Rp 90.4K

304.99%

Cappuccino

$3.95 ISK 488

$2.82 Rp 51.0K

40.07%

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

$3.18 ISK 393

$1.35 Rp 24.4K

135.56%

Water (0.33 liter bottle)

$2.52 ISK 312

$0.73 Rp 13.2K

245.21%

Local Beer (0.5 liter draught)

$7.95 ISK 983

$2.93 Rp 53.0K

171.33%

Imported Beer (0.33 liter bottle)

$8.18 ISK 1,011

$3.94 Rp 71.1K

107.61%

Milk (1 liter)

$1.87 ISK 231

$1.78 Rp 32.1K

5.06%

White Bread (500g)

$4.18 ISK 517

$2.45 Rp 44.2K

70.61%

Rice (white) (1kg)

$2.37 ISK 293

$1.15 Rp 20.7K

106.09%

Eggs

$6.43 ISK 795

$2.41 Rp 43.6K

166.80%

Local Cheese (1kg)

$18.22 ISK 2,252

$14.33 Rp 258.7K

27.15%

Chicken Fillets (1kg)

$24.11 ISK 2,980

$4.19 Rp 75.6K

475.42%

Beef Round Steak (1kg)

$42.82 ISK 5,292

$12.06 Rp 217.7K

255.06%

Apples (1kg)

$2.35 ISK 291

$3.64 Rp 65.7K

-35.44%

Banana (1kg)

$2.44 ISK 302

$1.57 Rp 28.3K

55.41%

Oranges (1kg)

$2.36 ISK 291

$2.79 Rp 50.3K

-15.41%

Tomato (1kg)

$4.00 ISK 494

$2.24 Rp 40.5K

78.57%

Potato (1kg)

$3.06 ISK 378

$1.98 Rp 35.7K

54.55%

Onion (1kg)

$2.01 ISK 249

$2.28 Rp 41.1K

-11.84%

Lettuce (1 head)

$3.17 ISK 392

$1.05 Rp 19.0K

201.90%

Water (1.5 liter bottle)

$1.93 ISK 239

$0.79 Rp 14.2K

144.30%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,706

$3.19 Rp 57.6K

332.60%

Wine (Bottle)

$15.90 ISK 1,965

$23.49 Rp 424.1K

-32.31%

Local Beer (0.5 liter bottle)

$3.74 ISK 462

$2.90 Rp 52.3K

28.97%

Imported Beer (0.33 liter bottle)

$2.82 ISK 349

$2.76 Rp 49.7K

2.17%

One-way Ticket (Public Transport)

$3.67 ISK 454

$0.27 Rp 4,813

1259.26%

Public Transport Monthly Pass (Regular Price)

$74.3 ISK 9,183

$8.37 Rp 151.1K

787.69%

Taxi Start (Normal Tariff)

$6.37 ISK 787

$0.45 Rp 8,167

1315.56%

Taxi (Normal Tariff) (1km)

$2.26 ISK 279

$0.46 Rp 8,298

391.30%

Taxi 1hour Waiting (Normal Tariff)

$86.4 ISK 10.7K

$6.07 Rp 109.6K

1322.90%

Gasoline (1 liter)

$2.43 ISK 300

$0.86 Rp 15.6K

182.56%

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

$47.5K ISK 5.9M

$26.6K Rp 480.0M

78.71%

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

$52.0K ISK 6.4M

$32.5K Rp 587.6M

59.76%

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

$86.6 ISK 10.7K

$79.0 Rp 1.4M

9.53%

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

$27.84 ISK 3,441

$4.09 Rp 73.9K

580.68%

Internet (50+ Mbps, Unlimited Data)

$86.2 ISK 10.7K

$23.85 Rp 430.5K

261.47%

Gym Membership (Monthly)

$98.8 Rp 1.8M

Tennis Court (1 Hour on Weekend)

$6.35 Rp 114.7K

Cinema Ticket

$17.61 ISK 2,177

$4.01 Rp 72.3K

339.15%

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

$318 ISK 39.3K

$297 Rp 5.4M

6.98%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$6,602 Rp 119.2M

350.24%

Jeans (Levis 501 Or Similar)

$141 ISK 17.4K

$53.4 Rp 964.5K

164.12%

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,766

$38.11 Rp 688.1K

64.86%

Sport Shoes (Adidas, Nike)

$180 ISK 22.3K

$88.7 Rp 1.6M

103.15%

Men's Leather Business Shoes

$188 ISK 23.2K

$76.6 Rp 1.4M

145.03%

1-bedroom Apartment, City Center (Monthly)

$1,829 ISK 226.0K

$1,020 Rp 18.4M

79.35%

1-bedroom Apartment, Outside City Center (Monthly)

$1,350 ISK 166.8K

$680 Rp 12.3M

98.38%

3-bedroom Apartment, City Center (Monthly)

$2,442 ISK 301.8K

$3,469 Rp 62.6M

-29.62%

3-bedroom Apartment, Outside City Center (Monthly)

$2,007 ISK 248.1K

$2,090 Rp 37.7M

-3.97%

Buy Apartment in City Center (m2)

$2,729 Rp 49.3M

Buy Apartment Outside City Center (m2)

$2,295 Rp 41.4M

Average Monthly Net Salary (After Tax)

$3,712 ISK 458.9K

$164 Rp 3.0M

2168.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.28

-27.48%

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

Last update for Keflavik: July 26, 2026

Last update for Ubud, Bali: July 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,829 in Keflavik and $1,020 in Ubud, Bali. Housing cost is often the main lever when comparing two cities.

Keflavik pays 2168% 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: $143 in Keflavik vs $32.00 in Ubud, Bali for a mid-range dinner for two. Groceries echo the gap at $560 vs $298 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 105% 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 2168% 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: $1,829 in Keflavik versus $1,020 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 788% less than in Keflavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $318 in Keflavik versus $297 in Ubud, Bali. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,392 in Ubud, Bali versus $2,853 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 $1,392 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 105% less than in Keflavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.