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: $3,559 in Selfoss versus $606 in Egilsstadir.

Estimated couple costs with rent: $2,492 in Selfoss versus $1,017 in Egilsstadir.

Monthly costs for a family of three with rent: $1,424 in Selfoss versus $1,428 in Egilsstadir.

Living in Selfoss is roughly 487% more expensive than in Egilsstadir, driven mainly by Eating Out.

The two cities straddle the global median: Selfoss is 166% above, Egilsstadir is 55% below.

Fast Food Meal (McDonalds, etc)

$19.97 ISK 2,488

Local Beer (0.5 liter draught)

$11.83 ISK 1,474

Milk (1 liter)

$1.69 ISK 210

$1.65 ISK 205

2.42%

White Bread (500g)

$7.51 ISK 936

$2.82 ISK 351

166.31%

Rice (white) (1kg)

$4.32 ISK 538

$2.33 ISK 290

85.41%

Eggs

$6.46 ISK 806

$5.57 ISK 694

15.98%

Local Cheese (1kg)

$16.56 ISK 2,064

$21.66 ISK 2,699

-23.55%

Chicken Fillets (1kg)

$20.80 ISK 2,591

$32.24 ISK 4,017

-35.48%

Beef Round Steak (1kg)

$33.49 ISK 4,173

$42.36 ISK 5,279

-20.94%

Apples (1kg)

$2.63 ISK 328

$2.67 ISK 332

-1.50%

Banana (1kg)

$2.55 ISK 317

$2.43 ISK 303

4.94%

Oranges (1kg)

$2.67 ISK 333

$2.47 ISK 308

8.10%

Tomato (1kg)

$6.98 ISK 870

$3.64 ISK 454

91.76%

Potato (1kg)

$3.22 ISK 401

$4.41 ISK 549

-26.98%

Onion (1kg)

$2.02 ISK 252

$2.11 ISK 264

-4.27%

Lettuce (1 head)

$3.51 ISK 438

$2.09 ISK 261

67.94%

Water (1.5 liter bottle)

$1.38 ISK 172

$2.23 ISK 277

-38.12%

Cigarettes 20 Pack (Marlboro, Camel)

$14.97 ISK 1,866

Wine (Bottle)

$21.44 ISK 2,672

Local Beer (0.5 liter bottle)

$3.86 ISK 482

Imported Beer (0.33 liter bottle)

$1.10 ISK 137

$3.39 ISK 422

-67.55%

Gasoline (1 liter)

$2.54 ISK 316

1-bedroom Apartment, Outside City Center (Monthly)

$2,927 ISK 364.7K

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

Last update for Selfoss: July 12, 2026

Last update for Egilsstadir: July 14, 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 487% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $5,339 in Selfoss and $909 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 $3,559 per month in Selfoss versus $606 in Egilsstadir – a 487% 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 487% less than in Selfoss. Beyond cost, consider language, visa policies, and how big the international community is in each city.