Cost of Living Comparison Between Nassau and Hafnarfjordur Cost of Living Comparison Between Nassau and Hafnarfjordur

😐 Solo nomad: Nassau is 6.8% more expensive than Hafnarfjordur without rent, and 0.9% cheaper with rent.

😐 Family of 3: Nassau is 5.3% more expensive than Hafnarfjordur without rent, and 23.3% more expensive with rent.

Meal at Budget Restaurant

$39.85 BSD 39.85

$27.05 ISK 3,407

47.32%

Three-Course Dinner for Two, Mid-Range

$203 BSD 203

$144 ISK 18.1K

40.86%

Fast Food Meal (McDonalds, etc)

$11.57 BSD 11.57

$16.33 ISK 2,057

-29.15%

Cappuccino

$5.59 BSD 5.59

$6.19 ISK 780

-9.69%

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

$2.35 BSD 2.35

$3.30 ISK 416

-28.79%

Water (0.33 liter bottle)

$1.73 BSD 1.73

$2.52 ISK 317

-31.35%

Local Beer (0.5 liter draught)

$5.14 BSD 5.14

$12.82 ISK 1,615

-59.91%

Imported Beer (0.33 liter bottle)

$7.32 BSD 7.32

$11.18 ISK 1,409

-34.53%

Milk (1 liter)

$4.76 BSD 4.76

$1.64 ISK 207

190.24%

White Bread (500g)

$5.81 BSD 5.81

$4.25 ISK 536

36.71%

Rice (white) (1kg)

$6.30 BSD 6.30

$3.61 ISK 455

74.52%

Eggs

$7.83 BSD 7.83

$6.53 ISK 822

19.91%

Local Cheese (1kg)

$8.48 BSD 8.48

$18.48 ISK 2,328

-54.11%

Chicken Fillets (1kg)

$11.83 BSD 11.83

$24.11 ISK 3,038

-50.93%

Beef Round Steak (1kg)

$20.58 BSD 20.58

$42.19 ISK 5,315

-51.22%

Apples (1kg)

$5.37 BSD 5.37

$3.24 ISK 408

65.74%

Banana (1kg)

$3.40 BSD 3.40

$2.46 ISK 310

38.21%

Oranges (1kg)

$4.66 BSD 4.66

$2.99 ISK 377

55.85%

Tomato (1kg)

$7.27 BSD 7.27

$5.09 ISK 641

42.83%

Potato (1kg)

$5.09 BSD 5.09

$3.57 ISK 449

42.58%

Onion (1kg)

$4.27 BSD 4.27

$2.33 ISK 293

83.26%

Lettuce (1 head)

$3.66 BSD 3.66

$3.10 ISK 390

18.06%

Water (1.5 liter bottle)

$2.98 BSD 2.98

$2.03 ISK 255

46.80%

Cigarettes 20 Pack (Marlboro, Camel)

$13.52 BSD 13.52

$13.49 ISK 1,699

0.22%

Wine (Bottle)

$34.15 BSD 34.15

$24.10 ISK 3,036

41.70%

Local Beer (0.5 liter bottle)

$3.80 BSD 3.80

$3.62 ISK 456

4.97%

Imported Beer (0.33 liter bottle)

$4.39 BSD 4.39

$3.23 ISK 407

35.91%

One-way Ticket (Public Transport)

$1.39 BSD 1.39

$5.17 ISK 652

-73.11%

Public Transport Monthly Pass (Regular Price)

$44.78 BSD 44.78

$83.4 ISK 10.5K

-46.33%

Taxi Start (Normal Tariff)

$5.83 BSD 5.83

$6.17 ISK 777

-5.51%

Taxi (Normal Tariff) (1km)

$3.16 BSD 3.16

$2.64 ISK 332

19.70%

Taxi 1hour Waiting (Normal Tariff)

$101 BSD 101

$86.5 ISK 10.9K

16.30%

Gasoline (1 liter)

$1.39 BSD 1.39

$2.48 ISK 313

-43.95%

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

$37.5K BSD 37.5K

$46.5K ISK 5.9M

-19.26%

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

$43.6K BSD 43.6K

$52.8K ISK 6.7M

-17.51%

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

$305 BSD 305

$67.5 ISK 8,507

351.27%

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

$70.4 BSD 70.4

$27.42 ISK 3,454

156.75%

Internet (50+ Mbps, Unlimited Data)

$101 BSD 101

$85.3 ISK 10.7K

18.44%

Gym Membership (Monthly)

$132 BSD 132

$63.7 ISK 8,026

107.52%

Tennis Court (1 Hour on Weekend)

$59.4 BSD 59.4

Cinema Ticket

$20.37 BSD 20.37

$16.37 ISK 2,063

24.43%

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

$709 BSD 709

$316 ISK 39.8K

124.08%

International Primary School, 1 Child (Yearly)

$15.2K BSD 15.2K

$29.8K ISK 3.7M

-49.00%

Jeans (Levis 501 Or Similar)

$62.9 BSD 62.9

$120 ISK 15.1K

-47.55%

Summer Dress (H&M, Zara, etc)

$77.1 BSD 77.1

$61.8 ISK 7,784

24.70%

Sport Shoes (Adidas, Nike)

$113 BSD 113

$122 ISK 15.3K

-7.31%

Men's Leather Business Shoes

$127 BSD 127

$265 ISK 33.4K

-52.20%

1-bedroom Apartment, City Center (Monthly)

$1,876 BSD 1,876

$2,373 ISK 299.0K

-20.96%

1-bedroom Apartment, Outside City Center (Monthly)

$1,803 BSD 1,803

$2,041 ISK 257.1K

-11.66%

3-bedroom Apartment, City Center (Monthly)

$3,756 BSD 3,756

$3,241 ISK 408.3K

15.88%

3-bedroom Apartment, Outside City Center (Monthly)

$3,711 BSD 3,711

$2,555 ISK 321.8K

45.24%

Buy Apartment in City Center (m2)

$4,216 BSD 4,216

$6,838 ISK 861.3K

-38.34%

Buy Apartment Outside City Center (m2)

$3,256 BSD 3,256

$6,703 ISK 844.4K

-51.42%

Average Monthly Net Salary (After Tax)

$3,341 BSD 3,341

$4,521 ISK 569.5K

-26.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.05

9.63

-26.79%

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

Last update for Nassau: January 12, 2026

Last update for Hafnarfjordur: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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