Cost of Living Comparison Between Selfoss and Bolungarvik Cost of Living Comparison Between Selfoss and Bolungarvik

Fast Food Meal (McDonalds, etc)

$20.56 ISK 2,498

Local Beer (0.5 liter draught)

$11.99 ISK 1,457

Milk (1 liter)

$1.77 ISK 215

White Bread (500g)

$7.32 ISK 890

Rice (white) (1kg)

$4.52 ISK 549

Eggs

$6.33 ISK 768

Local Cheese (1kg)

$16.95 ISK 2,059

Chicken Fillets (1kg)

$20.73 ISK 2,519

Beef Round Steak (1kg)

$33.89 ISK 4,118

Apples (1kg)

$2.70 ISK 328

Banana (1kg)

$2.67 ISK 324

Oranges (1kg)

$2.61 ISK 317

Tomato (1kg)

$7.14 ISK 867

Potato (1kg)

$3.26 ISK 396

Onion (1kg)

$2.10 ISK 255

Lettuce (1 head)

$3.62 ISK 440

Water (1.5 liter bottle)

$1.42 ISK 172

Cigarettes 20 Pack (Marlboro, Camel)

$15.35 ISK 1,865

Imported Beer (0.33 liter bottle)

$1.11 ISK 135

1-bedroom Apartment, Outside City Center (Monthly)

$2,856 ISK 347.0K

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

Last update for Selfoss: August 18, 2026

Last update for Bolungarvik: August 18, 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

Selfoss vs Bolungarvik: Cost of Living - Frequently Asked Questions

Families tend to lean toward Bolungarvik – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bolungarvik. If higher salaries, better infrastructure, or specific career opportunities are the priority, Selfoss makes more sense. Both are solid long-term options with distinct trade-offs.