Cost of Living Comparison Between Selfoss and Drangsnes Cost of Living Comparison Between Selfoss and Drangsnes

🙂 Solo nomad: Selfoss is 66.3% cheaper than Drangsnes without rent, and 117.6% more expensive with rent.

🙂 Family of 3: Selfoss is 54.7% cheaper than Drangsnes without rent, and 64.8% cheaper with rent.

Meal at Budget Restaurant

$27.39 ISK 3,451

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

$22.70 ISK 2,859

-10.31%

Cappuccino

$5.93 ISK 747

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

$3.30 ISK 415

Water (0.33 liter bottle)

$2.54 ISK 320

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

$12.88 ISK 1,623

-4.66%

Imported Beer (0.33 liter bottle)

$11.16 ISK 1,406

Milk (1 liter)

$1.75 ISK 220

$1.89 ISK 239

-7.41%

White Bread (500g)

$7.22 ISK 909

$4.23 ISK 533

70.69%

Rice (white) (1kg)

$4.53 ISK 571

$3.74 ISK 471

21.12%

Eggs

$6.42 ISK 809

$6.24 ISK 786

2.88%

Local Cheese (1kg)

$16.70 ISK 2,103

$18.36 ISK 2,312

-9.04%

Chicken Fillets (1kg)

$20.67 ISK 2,603

$23.65 ISK 2,979

-12.60%

Beef Round Steak (1kg)

$33.43 ISK 4,212

$42.48 ISK 5,352

-21.30%

Apples (1kg)

$2.64 ISK 332

$3.32 ISK 419

-20.48%

Banana (1kg)

$2.55 ISK 321

$2.53 ISK 319

0.79%

Oranges (1kg)

$2.60 ISK 327

$3.09 ISK 390

-15.86%

Tomato (1kg)

$7.10 ISK 894

$4.98 ISK 627

42.57%

Potato (1kg)

$3.11 ISK 392

$3.54 ISK 446

-12.15%

Onion (1kg)

$2.11 ISK 265

$2.44 ISK 307

-13.52%

Lettuce (1 head)

$3.56 ISK 448

$3.17 ISK 399

12.30%

Water (1.5 liter bottle)

$1.38 ISK 173

$1.91 ISK 241

-27.75%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

$13.42 ISK 1,691

14.98%

Wine (Bottle)

$24.23 ISK 3,052

Local Beer (0.5 liter bottle)

$3.55 ISK 448

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

$3.23 ISK 407

-66.25%

Taxi Start (Normal Tariff)

$6.25 ISK 788

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.7K

Gasoline (1 liter)

$2.54 ISK 320

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

$47.5K ISK 6.0M

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

$52.2K ISK 6.6M

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

$88.1 ISK 11.1K

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

$27.75 ISK 3,496

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.7K

Cinema Ticket

$17.38 ISK 2,189

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

$328 ISK 41.3K

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

Jeans (Levis 501 Or Similar)

$142 ISK 17.8K

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,887

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

Men's Leather Business Shoes

$264 ISK 33.2K

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.9K

Average Monthly Net Salary (After Tax)

$5,980 ISK 753.3K

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 Selfoss: January 13, 2026

Last update for Drangsnes: January 11, 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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