Cost of Living Comparison Between Selfoss and Bakkafjordur Cost of Living Comparison Between Selfoss and Bakkafjordur

😐 Solo nomad: Selfoss is 166.4% more expensive than Bakkafjordur without rent, and 1326.3% more expensive with rent.

😐 Family of 3: Selfoss is 117% more expensive than Bakkafjordur without rent, and 144.9% more expensive with rent.

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,535

Local Beer (0.5 liter draught)

$11.87 ISK 1,475

Milk (1 liter)

$1.75 ISK 217

White Bread (500g)

$7.34 ISK 912

$2.26 ISK 280

224.78%

Rice (white) (1kg)

$4.34 ISK 539

$2.18 ISK 271

99.08%

Eggs

$6.39 ISK 794

$4.94 ISK 613

29.35%

Local Cheese (1kg)

$16.74 ISK 2,080

$8.72 ISK 1,084

91.97%

Chicken Fillets (1kg)

$20.50 ISK 2,547

$11.03 ISK 1,371

85.86%

Beef Round Steak (1kg)

$32.61 ISK 4,053

$11.16 ISK 1,387

192.20%

Apples (1kg)

$2.77 ISK 344

$2.26 ISK 281

22.57%

Banana (1kg)

$2.61 ISK 325

$2.24 ISK 279

16.52%

Oranges (1kg)

$2.69 ISK 335

$2.18 ISK 271

23.39%

Tomato (1kg)

$7.02 ISK 873

$2.14 ISK 266

228.04%

Potato (1kg)

$3.20 ISK 398

$2.24 ISK 279

42.86%

Onion (1kg)

$2.03 ISK 253

$2.14 ISK 266

-5.14%

Lettuce (1 head)

$3.58 ISK 445

$0.99 ISK 123

261.62%

Water (1.5 liter bottle)

$1.33 ISK 166

$2.02 ISK 250

-34.16%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,896

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 353.4K

Average Monthly Net Salary (After Tax)

$5,875 ISK 730.1K

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

Last update for Selfoss: March 1, 2026

Last update for Bakkafjordur: 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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