Cost of Living Comparison Between Selfoss and Egilsstadir Cost of Living Comparison Between Selfoss and Egilsstadir

Monthly Cost of Living

Monthly costs for one person with rent: $3,570 in Selfoss versus $610 in Egilsstadir.

Estimated couple costs with rent: $2,495 in Selfoss versus $998 in Egilsstadir.

Monthly costs for a family of three with rent: $1,420 in Selfoss versus $1,385 in Egilsstadir.

Living in Selfoss is roughly 485% more expensive than Egilsstadir, driven mainly by Eating Out.

The two cities straddle the global median: Selfoss is 166% above, Egilsstadir is 54% below.

Fast Food Meal (McDonalds, etc)

$20.29 ISK 2,501

Local Beer (0.5 liter draught)

$11.95 ISK 1,473

Milk (1 liter)

$1.72 ISK 213

$1.70 ISK 210

1.18%

White Bread (500g)

$7.35 ISK 907

$2.81 ISK 346

161.57%

Rice (white) (1kg)

$4.47 ISK 551

$2.35 ISK 290

90.21%

Eggs

$6.25 ISK 770

$5.69 ISK 702

9.84%

Local Cheese (1kg)

$16.79 ISK 2,070

$21.65 ISK 2,669

-22.45%

Chicken Fillets (1kg)

$21.12 ISK 2,604

$31.15 ISK 3,840

-32.20%

Beef Round Steak (1kg)

$32.72 ISK 4,034

$43.53 ISK 5,368

-24.83%

Apples (1kg)

$2.77 ISK 342

$2.61 ISK 322

6.13%

Banana (1kg)

$2.57 ISK 317

$2.47 ISK 305

4.05%

Oranges (1kg)

$2.72 ISK 335

$2.42 ISK 299

12.40%

Tomato (1kg)

$7.27 ISK 896

$3.73 ISK 460

94.91%

Potato (1kg)

$3.04 ISK 375

$4.45 ISK 549

-31.69%

Onion (1kg)

$2.03 ISK 250

$2.08 ISK 257

-2.40%

Lettuce (1 head)

$3.43 ISK 422

$2.16 ISK 266

58.80%

Water (1.5 liter bottle)

$1.38 ISK 170

$2.22 ISK 274

-37.84%

Cigarettes 20 Pack (Marlboro, Camel)

$15.40 ISK 1,899

Wine (Bottle)

$21.56 ISK 2,658

Local Beer (0.5 liter bottle)

$3.82 ISK 471

Imported Beer (0.33 liter bottle)

$1.13 ISK 139

$3.28 ISK 405

-65.55%

Gasoline (1 liter)

$2.56 ISK 316

1-bedroom Apartment, Outside City Center (Monthly)

$2,924 ISK 360.6K

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

Last update for Selfoss: May 30, 2026

Last update for Egilsstadir: May 31, 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 Egilsstadir: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in Eating Out. The 485% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $5,355 in Selfoss and $915 in Egilsstadir to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Selfoss pay roughly 19% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $3,570 per month in Selfoss versus $610 in Egilsstadir – a 485% gap that adds up to real savings over time for anyone picking the cheaper option.

Either city works on $1,000 a month, though Egilsstadir gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Selfoss and Egilsstadir are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 485% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.