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: $3,532 in Selfoss versus $620 in Egilsstadir.

Estimated couple costs with rent: $2,484 in Selfoss versus $1,026 in Egilsstadir.

Monthly costs for a family of three with rent: $1,437 in Selfoss versus $1,432 in Egilsstadir.

Living in Selfoss is roughly 470% more expensive than in Egilsstadir, driven mainly by Eating Out.

The two cities straddle the global median: Selfoss is 157% above, Egilsstadir is 55% below.

Fast Food Meal (McDonalds, etc)

$20.68 ISK 2,506

Local Beer (0.5 liter draught)

$12.61 ISK 1,529

Milk (1 liter)

$1.73 ISK 209

$1.74 ISK 210

-0.57%

White Bread (500g)

$7.63 ISK 925

$2.88 ISK 349

164.93%

Rice (white) (1kg)

$4.43 ISK 537

$2.42 ISK 294

83.06%

Eggs

$6.36 ISK 770

$5.82 ISK 705

9.28%

Local Cheese (1kg)

$17.11 ISK 2,073

$22.22 ISK 2,693

-23.00%

Chicken Fillets (1kg)

$21.32 ISK 2,583

$32.06 ISK 3,885

-33.50%

Beef Round Steak (1kg)

$33.82 ISK 4,098

$44.15 ISK 5,351

-23.40%

Apples (1kg)

$2.72 ISK 329

$2.76 ISK 335

-1.45%

Banana (1kg)

$2.69 ISK 326

$2.54 ISK 307

5.91%

Oranges (1kg)

$2.70 ISK 327

$2.52 ISK 306

7.14%

Tomato (1kg)

$7.46 ISK 904

$3.71 ISK 449

101.08%

Potato (1kg)

$3.23 ISK 392

$4.41 ISK 534

-26.76%

Onion (1kg)

$2.08 ISK 252

$2.18 ISK 264

-4.59%

Lettuce (1 head)

$3.65 ISK 442

$2.20 ISK 267

65.91%

Water (1.5 liter bottle)

$1.41 ISK 170

$2.22 ISK 269

-36.49%

Cigarettes 20 Pack (Marlboro, Camel)

$15.32 ISK 1,856

Wine (Bottle)

$21.84 ISK 2,646

Local Beer (0.5 liter bottle)

$3.91 ISK 473

Imported Beer (0.33 liter bottle)

$1.18 ISK 143

$3.53 ISK 428

-66.57%

Taxi Start (Normal Tariff)

$6.02 ISK 730

Gasoline (1 liter)

$2.32 ISK 282

1-bedroom Apartment, Outside City Center (Monthly)

$2,961 ISK 358.8K

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

Last update for Selfoss: August 30, 2026

Last update for Egilsstadir: August 29, 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 470% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $5,298 in Selfoss and $930 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 $3,532 per month in Selfoss versus $620 in Egilsstadir – a 470% 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 470% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.