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

🙂 Solo nomad: Selfoss is 56.7% cheaper than Grundarfjordur without rent, and 119.6% more expensive with rent.

🙂 Family of 3: Selfoss is 57.6% cheaper than Grundarfjordur without rent, and 64.2% cheaper with rent.

Meal at Budget Restaurant

$26.89 ISK 3,354

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.8K

Fast Food Meal (McDonalds, etc)

$19.9 ISK 2,482

$22.13 ISK 2,761

-10.08%

Cappuccino

$6.16 ISK 769

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

$3.24 ISK 404

Water (0.33 liter bottle)

$2.51 ISK 313

Local Beer (0.5 liter draught)

$12.23 ISK 1,526

$12.69 ISK 1,583

-3.62%

Imported Beer (0.33 liter bottle)

$11.45 ISK 1,428

Milk (1 liter)

$1.73 ISK 216

$1.93 ISK 241

-10.36%

White Bread (500g)

$7.36 ISK 918

$4.39 ISK 547

67.65%

Rice (white) (1kg)

$4.54 ISK 567

$3.67 ISK 458

23.71%

Eggs

$6.3 ISK 786

$6.52 ISK 814

-3.37%

Local Cheese (1kg)

$17.15 ISK 2,139

$18.17 ISK 2,266

-5.61%

Chicken Fillets (1kg)

$20.77 ISK 2,591

$24.29 ISK 3,030

-14.49%

Beef Round Steak (1kg)

$32.97 ISK 4,114

$41.67 ISK 5,198

-20.88%

Apples (1kg)

$2.75 ISK 343

$3.24 ISK 404

-15.12%

Banana (1kg)

$2.65 ISK 331

$2.5 ISK 311

6.00%

Oranges (1kg)

$2.58 ISK 322

$2.99 ISK 373

-13.71%

Tomato (1kg)

$7.14 ISK 891

$4.97 ISK 621

43.66%

Potato (1kg)

$3.22 ISK 402

$3.68 ISK 459

-12.50%

Onion (1kg)

$2.09 ISK 261

$2.39 ISK 298

-12.55%

Lettuce (1 head)

$3.52 ISK 439

$3.15 ISK 393

11.75%

Water (1.5 liter bottle)

$1.37 ISK 172

$1.95 ISK 243

-29.74%

Cigarettes 20 Pack (Marlboro, Camel)

$15.4 ISK 1,921

$13.79 ISK 1,720

11.68%

Wine (Bottle)

$24.42 ISK 3,047

Local Beer (0.5 liter bottle)

$3.73 ISK 466

Imported Beer (0.33 liter bottle)

$1.13 ISK 141

$3.32 ISK 414

-65.96%

Taxi Start (Normal Tariff)

$6.49 ISK 810

Taxi (Normal Tariff) (1km)

$2.66 ISK 331

Taxi 1hour Waiting (Normal Tariff)

$85.7 ISK 10.7K

Gasoline (1 liter)

$2.43 ISK 304

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

$47.9K ISK 6M

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

$52.3K ISK 6.5M

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

$88.5 ISK 11K

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

$27.54 ISK 3,436

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

Cinema Ticket

$17.39 ISK 2,170

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

$318 ISK 39.6K

International Primary School, 1 Child (Yearly)

$30.7K ISK 3.8M

Jeans (Levis 501 Or Similar)

$139 ISK 17.3K

Summer Dress (H&M, Zara, etc)

$61 ISK 7,607

Sport Shoes (Adidas, Nike)

$183 ISK 22.8K

Men's Leather Business Shoes

$268 ISK 33.4K

1-bedroom Apartment, Outside City Center (Monthly)

$2,856 ISK 356.3K

Buy Apartment Outside City Center (m2)

$1,147 ISK 143.1K

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: October 28, 2025

Last update for Grundarfjordur: October 27, 2025

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