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

🙂 Solo nomad: Selfoss is 61% cheaper than Drangsnes without rent, and 117.5% more expensive with rent.
🙂 Family of 3: Selfoss is 63.8% cheaper than Drangsnes without rent, and 64.2% cheaper with rent.
Currency
🍽 Eating Out
Selfoss
Drangsnes
Difference
Meal at Budget Restaurant
-
$27.44 ISK 3,434
-
Three-Course Dinner for Two, Mid-Range
-
$142 ISK 17.8K
-
Fast Food Meal (McDonalds, etc)
$20.40 ISK 2,552
$22.81 ISK 2,855
-10.57%
Cappuccino
-
$6.01 ISK 752
-
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
-
$3.26 ISK 408
-
Water (0.33 liter bottle)
-
$2.56 ISK 320
-
Local Beer (0.5 liter draught)
$11.87 ISK 1,486
$12.62 ISK 1,580
-5.94%
Imported Beer (0.33 liter bottle)
-
$11.04 ISK 1,381
-
🛒 Groceries & Markets
Selfoss
Drangsnes
Difference
Milk (1 liter)
$1.75 ISK 219
$1.92 ISK 240
-8.85%
White Bread (500g)
$7.34 ISK 918
$4.31 ISK 540
70.30%
Rice (white) (1kg)
$4.34 ISK 543
$3.70 ISK 464
17.30%
Eggs
$6.39 ISK 800
$6.23 ISK 780
2.57%
Local Cheese (1kg)
$16.74 ISK 2,094
$18.39 ISK 2,301
-8.97%
Chicken Fillets (1kg)
$20.50 ISK 2,565
$24.00 ISK 3,004
-14.58%
Beef Round Steak (1kg)
$32.61 ISK 4,081
$41.82 ISK 5,234
-22.02%
Apples (1kg)
$2.77 ISK 347
$3.23 ISK 405
-14.24%
Banana (1kg)
$2.61 ISK 327
$2.54 ISK 318
2.76%
Oranges (1kg)
$2.69 ISK 337
$3.02 ISK 377
-10.93%
Tomato (1kg)
$7.02 ISK 879
$4.93 ISK 617
42.39%
Potato (1kg)
$3.20 ISK 401
$3.57 ISK 447
-10.36%
Onion (1kg)
$2.03 ISK 254
$2.39 ISK 299
-15.06%
Lettuce (1 head)
$3.58 ISK 448
$3.16 ISK 396
13.29%
Water (1.5 liter bottle)
$1.33 ISK 167
$1.91 ISK 239
-30.37%
Cigarettes 20 Pack (Marlboro, Camel)
$15.25 ISK 1,909
$13.75 ISK 1,721
10.91%
Wine (Bottle)
-
$24.27 ISK 3,038
-
Local Beer (0.5 liter bottle)
-
$3.56 ISK 446
-
Imported Beer (0.33 liter bottle)
$1.10 ISK 138
$3.23 ISK 404
-65.94%
🚌 Getting Around
Selfoss
Drangsnes
Difference
Taxi Start (Normal Tariff)
-
$6.39 ISK 800
-
Taxi (Normal Tariff) (1km)
-
$2.54 ISK 318
-
Taxi 1hour Waiting (Normal Tariff)
-
$86.9 ISK 10.9K
-
Gasoline (1 liter)
-
$2.48 ISK 311
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$47.6K ISK 6.0M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$52.6K ISK 6.6M
-
🧾 Monthly Utilities & Internet
Selfoss
Drangsnes
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
-
$87.2 ISK 10.9K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
-
$27.39 ISK 3,428
-
Internet (50+ Mbps, Unlimited Data)
-
$85.6 ISK 10.7K
-
🎉 Sport & Entertainment
Selfoss
Drangsnes
Difference
Cinema Ticket
-
$17.47 ISK 2,186
-
🧸 Childcare & Education
Selfoss
Drangsnes
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
-
$315 ISK 39.5K
-
International Primary School, 1 Child (Yearly)
-
$29.7K ISK 3.7M
-
👕👟 Clothing & Footwear
Selfoss
Drangsnes
Difference
Jeans (Levis 501 Or Similar)
-
$139 ISK 17.4K
-
Summer Dress (H&M, Zara, etc)
-
$62.8 ISK 7,860
-
Sport Shoes (Adidas, Nike)
-
$186 ISK 23.3K
-
Men's Leather Business Shoes
-
$270 ISK 33.7K
-
🏠 Accommodation & Living
Selfoss
Drangsnes
Difference
1-bedroom Apartment, Outside City Center (Monthly)
$2,844 ISK 355.9K
-
-
💵 Salaries & Financials
Selfoss
Drangsnes
Difference
Average Monthly Net Salary (After Tax)
-
$6,007 ISK 751.7K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
0
9.63
-

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

Last update for Selfoss: March 1, 2026

Last update for Drangsnes: March 1, 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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