Cost of Living Comparison Between Njardvik and Selfoss Cost of Living Comparison Between Njardvik and Selfoss

😐 Solo nomad: Njardvik is 110.2% more expensive than Selfoss without rent, and 11.3% cheaper with rent.

😐 Family of 3: Njardvik is 185.5% more expensive than Selfoss without rent, and 352.9% more expensive with rent.

Meal at Budget Restaurant

$24.05 ISK 3,010

Three-Course Dinner for Two, Mid-Range

$98.2 ISK 12.3K

Fast Food Meal (McDonalds, etc)

$16.26 ISK 2,035

$20.40 ISK 2,552

-20.29%

Cappuccino

$6.15 ISK 770

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

$1.58 ISK 198

Water (0.33 liter bottle)

$2.34 ISK 293

Local Beer (0.5 liter draught)

$10.47 ISK 1,311

$11.87 ISK 1,486

-11.79%

Imported Beer (0.33 liter bottle)

$11.22 ISK 1,404

Milk (1 liter)

$1.89 ISK 237

$1.75 ISK 219

8.00%

White Bread (500g)

$4.20 ISK 526

$7.34 ISK 918

-42.78%

Rice (white) (1kg)

$3.68 ISK 461

$4.34 ISK 543

-15.21%

Eggs

$6.47 ISK 810

$6.39 ISK 800

1.25%

Local Cheese (1kg)

$18.33 ISK 2,294

$16.74 ISK 2,094

9.50%

Chicken Fillets (1kg)

$23.76 ISK 2,973

$20.50 ISK 2,565

15.90%

Beef Round Steak (1kg)

$41.57 ISK 5,202

$32.61 ISK 4,081

27.48%

Apples (1kg)

$3.29 ISK 412

$2.77 ISK 347

18.77%

Banana (1kg)

$2.52 ISK 315

$2.61 ISK 327

-3.45%

Oranges (1kg)

$2.98 ISK 372

$2.69 ISK 337

10.78%

Tomato (1kg)

$5.02 ISK 628

$7.02 ISK 879

-28.49%

Potato (1kg)

$3.69 ISK 462

$3.20 ISK 401

15.31%

Onion (1kg)

$2.40 ISK 301

$2.03 ISK 254

18.23%

Lettuce (1 head)

$3.14 ISK 394

$3.58 ISK 448

-12.29%

Water (1.5 liter bottle)

$2.00 ISK 250

$1.33 ISK 167

50.38%

Cigarettes 20 Pack (Marlboro, Camel)

$13.48 ISK 1,687

$15.25 ISK 1,909

-11.61%

Wine (Bottle)

$23.93 ISK 2,994

Local Beer (0.5 liter bottle)

$3.62 ISK 453

Imported Beer (0.33 liter bottle)

$3.32 ISK 416

$1.10 ISK 138

201.82%

Taxi Start (Normal Tariff)

$6.31 ISK 790

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.43 ISK 305

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

$48.2K ISK 6.0M

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

$51.5K ISK 6.4M

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

$87.0 ISK 10.9K

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

$27.82 ISK 3,482

Internet (50+ Mbps, Unlimited Data)

$85.8 ISK 10.7K

Gym Membership (Monthly)

$81.2 ISK 10.2K

Cinema Ticket

$17.64 ISK 2,207

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

$326 ISK 40.8K

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$119 ISK 14.8K

Summer Dress (H&M, Zara, etc)

$60.5 ISK 7,576

Sport Shoes (Adidas, Nike)

$186 ISK 23.3K

Men's Leather Business Shoes

$271 ISK 33.9K

1-bedroom Apartment, Outside City Center (Monthly)

$1,425 ISK 178.3K

$2,844 ISK 355.9K

-49.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,665 ISK 333.5K

Average Monthly Net Salary (After Tax)

$4,037 ISK 505.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Njardvik: February 28, 2026

Last update for Selfoss: March 1, 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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