Last update: Oct 2026

Cost of Living Comparison Between Selfoss and Da Nang

For one person, living is cheaper in Da Nang: $889 a month against $3,416 in Selfoss, rent and utilities included – about $30,300 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Da Nang
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Da Nang Living Index

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Selfoss

🇮🇸 Iceland

$3,416

/mo nomad

Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Monthly Cost of Living

How much you'll spend in Selfoss and in Da Nang

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Selfoss and in Da Nang actually costs, broken down by who's living it.

A single person spends $3,416 per month in Selfoss vs $889 in Da Nang, rent included.

Selfoss $3,416
Da Nang $889

A couple spends around $2,439 per month in Selfoss vs $1,426 in Da Nang, rent included.

Selfoss $2,439
Da Nang $1,426

A family of three spends $1,461 per month in Selfoss vs $1,963 in Da Nang, rent included.

Selfoss $1,461
Da Nang $1,963

Selfoss costs about 284% more than Da Nang, and outside of rent the biggest gap is in groceries.

Selfoss sits 151% above the global median, while Da Nang is 35% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

Fast Food Meal (McDonalds, etc)

$20.39 ISK 2,475

$4.53 ₫117.0K

350.11%

Cappuccino

$1.64 ₫42.4K

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

$0.60 ₫15.6K

Water (0.33 liter bottle)

$0.34 ₫8,901

Local Beer (0.5 liter draught)

$12.18 ISK 1,478

$1.33 ₫34.4K

815.79%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

Milk (1 liter)

$1.77 ISK 215

$1.60 ₫41.2K

10.62%

White Bread (500g)

$7.65 ISK 929

$1.20 ₫31.0K

537.50%

Rice (white) (1kg)

$4.55 ISK 552

$1.05 ₫27.1K

333.33%

Eggs

$6.49 ISK 787

$1.52 ₫39.3K

326.97%

Local Cheese (1kg)

$17.25 ISK 2,094

$12.82 ₫330.7K

34.56%

Chicken Fillets (1kg)

$21.56 ISK 2,617

$4.17 ₫107.5K

417.03%

Beef Round Steak (1kg)

$33.60 ISK 4,078

$9.33 ₫240.6K

260.13%

Apples (1kg)

$2.83 ISK 343

$2.60 ₫67.2K

8.85%

Banana (1kg)

$2.70 ISK 328

$1.21 ₫31.3K

123.14%

Oranges (1kg)

$2.72 ISK 330

$1.28 ₫33.1K

112.50%

Tomato (1kg)

$7.25 ISK 880

$1.57 ₫40.5K

361.78%

Potato (1kg)

$3.24 ISK 394

$1.20 ₫31.0K

170.00%

Onion (1kg)

$2.07 ISK 252

$1.31 ₫33.9K

58.02%

Lettuce (1 head)

$3.70 ISK 449

$1.04 ₫26.9K

255.77%

Water (1.5 liter bottle)

$1.34 ISK 163

$0.49 ₫12.7K

173.47%

Cigarettes 20 Pack (Marlboro, Camel)

$15.61 ISK 1,895

$1.51 ₫39.0K

933.77%

Wine (Bottle)

$7.97 ₫205.6K

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

Imported Beer (0.33 liter bottle)

$1.15 ISK 140

$2.18 ₫56.3K

-47.25%

One-way Ticket (Public Transport)

$0.30 ₫7,693

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

Gasoline (1 liter)

$0.91 ₫23.4K

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

$30.8K ₫795.4M

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

$28.4K ₫732.2M

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

$78.5 ₫2.0M

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

$6.35 ₫163.9K

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

Gym Membership (Monthly)

$27.08 ₫698.6K

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

Cinema Ticket

$3.37 ₫86.8K

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

$423 ₫10.9M

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

Men's Leather Business Shoes

$82.8 ₫2.1M

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

1-bedroom Apartment, Outside City Center (Monthly)

$2,771 ISK 336.4K

$369 ₫9.5M

650.64%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

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

Last update for Selfoss: October 25, 2026

Last update for Da Nang: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Selfoss

–

Da Nang

$369 41.5%

Groceries & Markets

Selfoss

–

Da Nang

$200 22.5%

Clothing & Footwear

Selfoss

–

Da Nang

$115 13%

Monthly Utilities & Internet

Selfoss

–

Da Nang

$93 10.5%

Eating Out

Selfoss

–

Da Nang

$66 7.4%

Sport & Entertainment

Selfoss

–

Da Nang

$34 3.8%

Getting Around

Selfoss

–

Da Nang

$11 1.3%

Good to know

🇮🇸 Selfoss

🇻🇳 Da Nang

🕒 Local time

16:34 4:34 PM

23:34 11:34 PM

7 h ahead of Selfoss

🌤 Weather

👥 Population

9,000

1,245,200

💱 Currency

Icelandic Króna ISK kr

Vietnamese Dong VND ₫

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

100,000 VND = 3.88 USD

100,000 VND = 3.47 EUR

Exchange rates and currency converter

VND, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 1, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.38 EUR).

Vietnamese Dong exchange rates as of November 1, 2026: 1 USD = 25,802 VND (100,000 VND = 3.88 USD). 1 EUR = 28,810 VND (100,000 VND = 3.47 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Selfoss Da Nang 10,120 km ≈ 13 h nonstop flight

From you

Selfoss
Da Nang

Distances are measured in a straight line. Your location is detected approximately.

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 Da Nang: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,416 in Selfoss, $889 in Da Nang – Da Nang comes out roughly 74% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $5,124 per month in Selfoss and $1,333 in Da Nang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $3,416 in Selfoss and $889 in Da Nang. That makes Da Nang about 74% cheaper.

Groceries cost about 162% more in Selfoss, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Selfoss at $3,416. In Da Nang it covers expenses comfortably, while in Selfoss it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $889 in Da Nang to $3,416 in Selfoss. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.