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

🙂 Solo nomad: Nassau is 6.5% cheaper than Hafnarfjordur without rent, and 0.4% cheaper with rent.
😐 Family of 3: Nassau is 5.1% more expensive than Hafnarfjordur without rent, and 22.8% more expensive with rent.
Currency
🍽 Eating Out
Nassau
Hafnarfjordur
Difference
Meal at Budget Restaurant
$40.05 BSD 40.05
$27.08 ISK 3,358
47.90%
Three-Course Dinner for Two, Mid-Range
$202 BSD 202
$146 ISK 18.1K
38.48%
Fast Food Meal (McDonalds, etc)
$11.48 BSD 11.48
$16.50 ISK 2,046
-30.42%
Cappuccino
$5.80 BSD 5.80
$6.20 ISK 768
-6.45%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.32 BSD 2.32
$3.36 ISK 417
-30.95%
Water (0.33 liter bottle)
$1.73 BSD 1.73
$2.64 ISK 327
-34.47%
Local Beer (0.5 liter draught)
$5.01 BSD 5.01
$12.84 ISK 1,592
-60.98%
Imported Beer (0.33 liter bottle)
$7.33 BSD 7.33
$11.42 ISK 1,416
-35.81%
🛒 Groceries & Markets
Nassau
Hafnarfjordur
Difference
Milk (1 liter)
$4.93 BSD 4.93
$1.69 ISK 210
191.72%
White Bread (500g)
$5.61 BSD 5.61
$4.36 ISK 540
28.67%
Rice (white) (1kg)
$6.37 BSD 6.37
$3.56 ISK 441
78.93%
Eggs
$7.85 BSD 7.85
$6.41 ISK 794
22.46%
Local Cheese (1kg)
$8.32 BSD 8.32
$17.79 ISK 2,205
-53.23%
Chicken Fillets (1kg)
$11.92 BSD 11.92
$24.17 ISK 2,997
-50.68%
Beef Round Steak (1kg)
$20.87 BSD 20.87
$42.16 ISK 5,228
-50.50%
Apples (1kg)
$5.21 BSD 5.21
$3.23 ISK 400
61.30%
Banana (1kg)
$3.42 BSD 3.42
$2.36 ISK 292
44.92%
Oranges (1kg)
$4.67 BSD 4.67
$3.02 ISK 375
54.64%
Tomato (1kg)
$7.15 BSD 7.15
$4.92 ISK 610
45.33%
Potato (1kg)
$4.90 BSD 4.90
$3.59 ISK 445
36.49%
Onion (1kg)
$4.41 BSD 4.41
$2.45 ISK 303
80.00%
Lettuce (1 head)
$3.68 BSD 3.68
$3.16 ISK 392
16.46%
Water (1.5 liter bottle)
$2.98 BSD 2.98
$1.99 ISK 247
49.75%
Cigarettes 20 Pack (Marlboro, Camel)
$13.96 BSD 13.96
$13.78 ISK 1,708
1.31%
Wine (Bottle)
$33.61 BSD 33.61
$24.14 ISK 2,993
39.23%
Local Beer (0.5 liter bottle)
$3.84 BSD 3.84
$3.58 ISK 444
7.26%
Imported Beer (0.33 liter bottle)
$4.46 BSD 4.46
$3.25 ISK 403
37.23%
🚌 Getting Around
Nassau
Hafnarfjordur
Difference
One-way Ticket (Public Transport)
$1.34 BSD 1.34
$4.94 ISK 612
-72.87%
Public Transport Monthly Pass (Regular Price)
$44.38 BSD 44.38
$84.2 ISK 10.4K
-47.29%
Taxi Start (Normal Tariff)
$6.15 BSD 6.15
$6.17 ISK 765
-0.32%
Taxi (Normal Tariff) (1km)
$3.13 BSD 3.13
$2.65 ISK 329
18.11%
Taxi 1hour Waiting (Normal Tariff)
$99.9 BSD 99.9
$84.8 ISK 10.5K
17.76%
Gasoline (1 liter)
$1.38 BSD 1.38
$2.44 ISK 303
-43.44%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.5K BSD 37.5K
$47.2K ISK 5.9M
-20.67%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$43.3K BSD 43.3K
$53.1K ISK 6.6M
-18.43%
🧾 Monthly Utilities & Internet
Nassau
Hafnarfjordur
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$302 BSD 302
$68.3 ISK 8,473
342.46%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$70.7 BSD 70.7
$27.37 ISK 3,394
158.39%
Internet (50+ Mbps, Unlimited Data)
$101 BSD 101
$86.7 ISK 10.8K
16.33%
🎉 Sport & Entertainment
Nassau
Hafnarfjordur
Difference
Gym Membership (Monthly)
$134 BSD 134
$64.5 ISK 7,999
107.46%
Tennis Court (1 Hour on Weekend)
$61.1 BSD 61.1
-
-
Cinema Ticket
$20.40 BSD 20.40
$16.42 ISK 2,036
24.24%
🧸 Childcare & Education
Nassau
Hafnarfjordur
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$725 BSD 725
$325 ISK 40.3K
122.93%
International Primary School, 1 Child (Yearly)
$15.0K BSD 15.0K
$30.3K ISK 3.8M
-50.43%
👕👟 Clothing & Footwear
Nassau
Hafnarfjordur
Difference
Jeans (Levis 501 Or Similar)
$64.5 BSD 64.5
$121 ISK 14.9K
-46.50%
Summer Dress (H&M, Zara, etc)
$75.8 BSD 75.8
$62.1 ISK 7,698
22.15%
Sport Shoes (Adidas, Nike)
$116 BSD 116
$120 ISK 14.9K
-3.38%
Men's Leather Business Shoes
$127 BSD 127
$262 ISK 32.5K
-51.65%
🏠 Accommodation & Living
Nassau
Hafnarfjordur
Difference
1-bedroom Apartment, City Center (Monthly)
$1,892 BSD 1,892
$2,438 ISK 302.3K
-22.41%
1-bedroom Apartment, Outside City Center (Monthly)
$1,779 BSD 1,779
$1,980 ISK 245.6K
-10.17%
3-bedroom Apartment, City Center (Monthly)
$3,763 BSD 3,763
$3,271 ISK 405.5K
15.06%
3-bedroom Apartment, Outside City Center (Monthly)
$3,724 BSD 3,724
$2,522 ISK 312.7K
47.64%
Buy Apartment in City Center (m2)
$4,145 BSD 4,145
$7,005 ISK 868.5K
-40.83%
Buy Apartment Outside City Center (m2)
$3,326 BSD 3,326
$7,010 ISK 869.2K
-52.56%
💵 Salaries & Financials
Nassau
Hafnarfjordur
Difference
Average Monthly Net Salary (After Tax)
$3,379 BSD 3,379
$4,758 ISK 589.9K
-28.97%
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: March 2, 2026

Last update for Hafnarfjordur: March 2, 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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