Cost of Living Comparison Between Selfoss and Grundarfjordur Cost of Living Comparison Between Selfoss and Grundarfjordur

🙂 Solo nomad: Selfoss is 52.9% cheaper than Grundarfjordur without rent, and 114.8% more expensive with rent.

🙂 Family of 3: Selfoss is 69.8% cheaper than Grundarfjordur without rent, and 63.7% cheaper with rent.

Meal at Budget Restaurant

$27.16 ISK 3,399

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,552

$22.44 ISK 2,809

-9.09%

Cappuccino

$6.02 ISK 753

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

$3.26 ISK 408

Water (0.33 liter bottle)

$2.55 ISK 319

Local Beer (0.5 liter draught)

$11.87 ISK 1,486

$12.75 ISK 1,596

-6.90%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

Milk (1 liter)

$1.75 ISK 219

$1.97 ISK 246

-11.17%

White Bread (500g)

$7.34 ISK 918

$4.31 ISK 539

70.30%

Rice (white) (1kg)

$4.34 ISK 543

$3.56 ISK 446

21.91%

Eggs

$6.39 ISK 800

$6.44 ISK 806

-0.78%

Local Cheese (1kg)

$16.74 ISK 2,094

$17.88 ISK 2,237

-6.38%

Chicken Fillets (1kg)

$20.50 ISK 2,565

$23.87 ISK 2,987

-14.12%

Beef Round Steak (1kg)

$32.61 ISK 4,081

$42.87 ISK 5,365

-23.93%

Apples (1kg)

$2.77 ISK 347

$3.26 ISK 408

-15.03%

Banana (1kg)

$2.61 ISK 327

$2.44 ISK 306

6.97%

Oranges (1kg)

$2.69 ISK 337

$2.97 ISK 371

-9.43%

Tomato (1kg)

$7.02 ISK 879

$4.97 ISK 622

41.25%

Potato (1kg)

$3.20 ISK 401

$3.70 ISK 463

-13.51%

Onion (1kg)

$2.03 ISK 254

$2.44 ISK 305

-16.80%

Lettuce (1 head)

$3.58 ISK 448

$3.02 ISK 378

18.54%

Water (1.5 liter bottle)

$1.33 ISK 167

$2.00 ISK 250

-33.50%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,909

$13.88 ISK 1,737

9.87%

Wine (Bottle)

$23.75 ISK 2,971

Local Beer (0.5 liter bottle)

$3.55 ISK 444

Imported Beer (0.33 liter bottle)

$1.10 ISK 138

$3.37 ISK 422

-67.36%

Taxi Start (Normal Tariff)

$6.37 ISK 798

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.53 ISK 316

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

$46.5K ISK 5.8M

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

$51.5K ISK 6.4M

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

$86.3 ISK 10.8K

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

$27.56 ISK 3,449

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

Cinema Ticket

$17.84 ISK 2,232

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

$315 ISK 39.4K

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

Men's Leather Business Shoes

$267 ISK 33.4K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

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: March 1, 2026

Last update for Grundarfjordur: March 3, 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

Similar cities

Singapore

🇸🇬 Singapore

Dublin

🇮🇪 Ireland

Amsterdam

🇳🇱 Netherlands

Seattle, WA

🇺🇸 United States

Los Angeles, CA

🇺🇸 United States

Miami, FL

🇺🇸 United States

Basel

🇨🇭 Switzerland

Lausanne

🇨🇭 Switzerland