Cost of Living Comparison Between Reykjahlid and Selfoss Cost of Living Comparison Between Reykjahlid and Selfoss

Monthly Cost of Living

Monthly costs for one person with rent: $174 in Reykjahlid versus $3,533 in Selfoss.

Estimated couple costs with rent: $259 in Reykjahlid versus $2,478 in Selfoss.

Monthly costs for a family of three with rent: $344 in Reykjahlid versus $1,422 in Selfoss.

Living in Reykjahlid costs roughly 95% less than in Selfoss, driven mainly by Groceries & Markets.

The two cities straddle the global median: Reykjahlid is 87% below, Selfoss is 163% above.

Fast Food Meal (McDonalds, etc)

$19.63 ISK 2,444

Cappuccino

$5.99 ISK 745

Local Beer (0.5 liter draught)

$11.67 ISK 1,453

$12.26 ISK 1,527

-4.81%

Imported Beer (0.33 liter bottle)

$11.73 ISK 1,460

Milk (1 liter)

$2.36 ISK 293

$1.75 ISK 218

34.86%

White Bread (500g)

$7.42 ISK 924

Rice (white) (1kg)

$4.32 ISK 538

Eggs

$6.22 ISK 774

Local Cheese (1kg)

$16.97 ISK 2,113

Chicken Fillets (1kg)

$21.17 ISK 2,635

Beef Round Steak (1kg)

$33.10 ISK 4,121

Apples (1kg)

$2.76 ISK 344

Banana (1kg)

$2.59 ISK 322

Oranges (1kg)

$2.57 ISK 320

Tomato (1kg)

$7.15 ISK 891

Potato (1kg)

$3.14 ISK 391

Onion (1kg)

$2.07 ISK 257

Lettuce (1 head)

$3.59 ISK 447

Water (1.5 liter bottle)

$1.34 ISK 167

Cigarettes 20 Pack (Marlboro, Camel)

$15.37 ISK 1,914

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

1-bedroom Apartment, Outside City Center (Monthly)

$2,884 ISK 359.0K

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

Last update for Reykjahlid: June 8, 2026

Last update for Selfoss: June 8, 2026

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

Reykjahlid vs Selfoss: Cost of Living - Frequently Asked Questions

Reykjahlid and Selfoss differ by about 1926% in total monthly costs ($174 vs $3,533 including rent). Reykjahlid is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $262 in Reykjahlid and $5,299 in Selfoss to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 2071% higher in Selfoss. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $174 per month in Reykjahlid versus $3,533 in Selfoss – a 1926% gap that adds up to real savings over time for anyone picking the cheaper option.

Either city works on $1,200 a month, though Reykjahlid gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Reykjahlid and Selfoss 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 Reykjahlid gentler on the wallet – expenses run 1926% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.