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

🙂 Solo nomad: Selfoss is 63.5% cheaper than Hafnarfjordur without rent, and 3.3% cheaper with rent.

🙂 Family of 3: Selfoss is 68.7% cheaper than Hafnarfjordur without rent, and 78.7% cheaper with rent.

Meal at Budget Restaurant

$26.9 ISK 3,356

Three-Course Dinner for Two, Mid-Range

$144 ISK 18K

Fast Food Meal (McDonalds, etc)

$19.9 ISK 2,482

$16.18 ISK 2,018

22.99%

Cappuccino

$6.07 ISK 757

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

$3.25 ISK 406

Water (0.33 liter bottle)

$2.6 ISK 324

Local Beer (0.5 liter draught)

$12.23 ISK 1,526

$12.95 ISK 1,616

-5.56%

Imported Beer (0.33 liter bottle)

$11.27 ISK 1,406

Milk (1 liter)

$1.73 ISK 216

$1.63 ISK 203

6.13%

White Bread (500g)

$7.36 ISK 918

$4.17 ISK 520

76.50%

Rice (white) (1kg)

$4.54 ISK 567

$3.76 ISK 468

20.74%

Eggs

$6.3 ISK 786

$6.27 ISK 783

0.48%

Local Cheese (1kg)

$17.15 ISK 2,139

$17.98 ISK 2,243

-4.62%

Chicken Fillets (1kg)

$20.77 ISK 2,591

$23.93 ISK 2,986

-13.21%

Beef Round Steak (1kg)

$32.97 ISK 4,114

$42.77 ISK 5,336

-22.91%

Apples (1kg)

$2.75 ISK 343

$3.31 ISK 414

-16.92%

Banana (1kg)

$2.65 ISK 331

$2.45 ISK 305

8.16%

Oranges (1kg)

$2.58 ISK 322

$3.01 ISK 375

-14.29%

Tomato (1kg)

$7.14 ISK 891

$5.09 ISK 635

40.28%

Potato (1kg)

$3.22 ISK 402

$3.69 ISK 460

-12.74%

Onion (1kg)

$2.09 ISK 261

$2.37 ISK 295

-11.81%

Lettuce (1 head)

$3.52 ISK 439

$3.04 ISK 379

15.79%

Water (1.5 liter bottle)

$1.37 ISK 172

$1.92 ISK 240

-28.65%

Cigarettes 20 Pack (Marlboro, Camel)

$15.4 ISK 1,921

$13.9 ISK 1,734

10.79%

Wine (Bottle)

$24.71 ISK 3,083

Local Beer (0.5 liter bottle)

$3.56 ISK 444

Imported Beer (0.33 liter bottle)

$1.13 ISK 141

$3.19 ISK 397

-64.58%

One-way Ticket (Public Transport)

$4.91 ISK 613

Public Transport Monthly Pass (Regular Price)

$85.1 ISK 10.6K

Taxi Start (Normal Tariff)

$6.16 ISK 769

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

Taxi 1hour Waiting (Normal Tariff)

$84.9 ISK 10.6K

Gasoline (1 liter)

$2.54 ISK 317

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

$46.9K ISK 5.9M

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

$52.8K ISK 6.6M

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

$67.3 ISK 8,397

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

$27.38 ISK 3,416

Internet (50+ Mbps, Unlimited Data)

$86 ISK 10.7K

Gym Membership (Monthly)

$64.2 ISK 8,014

Cinema Ticket

$16.58 ISK 2,068

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

$318 ISK 39.7K

International Primary School, 1 Child (Yearly)

$29.5K ISK 3.7M

Jeans (Levis 501 Or Similar)

$122 ISK 15.2K

Summer Dress (H&M, Zara, etc)

$60.4 ISK 7,532

Sport Shoes (Adidas, Nike)

$119 ISK 14.8K

Men's Leather Business Shoes

$266 ISK 33.1K

1-bedroom Apartment, City Center (Monthly)

$2,450 ISK 305.7K

1-bedroom Apartment, Outside City Center (Monthly)

$2,856 ISK 356.3K

$1,972 ISK 246K

44.86%

3-bedroom Apartment, City Center (Monthly)

$3,228 ISK 402.7K

3-bedroom Apartment, Outside City Center (Monthly)

$2,556 ISK 318.8K

Buy Apartment in City Center (m2)

$6,999 ISK 873.1K

Buy Apartment Outside City Center (m2)

$6,881 ISK 858.4K

Average Monthly Net Salary (After Tax)

$4,723 ISK 589.2K

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 Hafnarfjordur: October 29, 2025

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