Cost of Living Comparison Between Selfoss and Hafnarfjordur Cost of Living Comparison Between Selfoss and Hafnarfjordur

🙂 Solo nomad: Selfoss is 62.6% cheaper than Hafnarfjordur without rent, and 5.9% cheaper with rent.

🙂 Family of 3: Selfoss is 70% cheaper than Hafnarfjordur without rent, and 78.9% cheaper with rent.

Meal at Budget Restaurant

$27.08 ISK 3,389

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,552

$16.50 ISK 2,065

23.64%

Cappuccino

$6.20 ISK 775

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

$3.36 ISK 421

Water (0.33 liter bottle)

$2.64 ISK 330

Local Beer (0.5 liter draught)

$11.87 ISK 1,486

$12.84 ISK 1,606

-7.55%

Imported Beer (0.33 liter bottle)

$11.42 ISK 1,429

Milk (1 liter)

$1.75 ISK 219

$1.69 ISK 211

3.55%

White Bread (500g)

$7.34 ISK 918

$4.36 ISK 545

68.35%

Rice (white) (1kg)

$4.34 ISK 543

$3.56 ISK 445

21.91%

Eggs

$6.39 ISK 800

$6.41 ISK 802

-0.31%

Local Cheese (1kg)

$16.74 ISK 2,094

$17.79 ISK 2,226

-5.90%

Chicken Fillets (1kg)

$20.50 ISK 2,565

$24.17 ISK 3,025

-15.18%

Beef Round Steak (1kg)

$32.61 ISK 4,081

$42.16 ISK 5,276

-22.65%

Apples (1kg)

$2.77 ISK 347

$3.23 ISK 404

-14.24%

Banana (1kg)

$2.61 ISK 327

$2.36 ISK 295

10.59%

Oranges (1kg)

$2.69 ISK 337

$3.02 ISK 378

-10.93%

Tomato (1kg)

$7.02 ISK 879

$4.92 ISK 615

42.68%

Potato (1kg)

$3.20 ISK 401

$3.59 ISK 449

-10.86%

Onion (1kg)

$2.03 ISK 254

$2.45 ISK 306

-17.14%

Lettuce (1 head)

$3.58 ISK 448

$3.16 ISK 396

13.29%

Water (1.5 liter bottle)

$1.33 ISK 167

$1.99 ISK 249

-33.17%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,909

$13.78 ISK 1,724

10.67%

Wine (Bottle)

$24.14 ISK 3,020

Local Beer (0.5 liter bottle)

$3.58 ISK 448

Imported Beer (0.33 liter bottle)

$1.10 ISK 138

$3.25 ISK 407

-66.15%

One-way Ticket (Public Transport)

$4.94 ISK 618

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 772

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.6K

Gasoline (1 liter)

$2.44 ISK 305

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

$47.2K ISK 5.9M

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

$53.1K ISK 6.6M

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

$68.3 ISK 8,552

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

$27.37 ISK 3,425

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.9K

Gym Membership (Monthly)

$64.5 ISK 8,074

Cinema Ticket

$16.42 ISK 2,054

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

$325 ISK 40.7K

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$62.1 ISK 7,770

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

Men's Leather Business Shoes

$262 ISK 32.8K

1-bedroom Apartment, City Center (Monthly)

$2,438 ISK 305.1K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

$1,980 ISK 247.8K

43.61%

3-bedroom Apartment, City Center (Monthly)

$3,271 ISK 409.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,522 ISK 315.6K

Buy Apartment in City Center (m2)

$7,005 ISK 876.6K

Buy Apartment Outside City Center (m2)

$7,010 ISK 877.3K

Average Monthly Net Salary (After Tax)

$4,758 ISK 595.4K

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 Hafnarfjordur: March 2, 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

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