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

🙂 Solo nomad: Selfoss is 63.4% cheaper than Hafnarfjordur without rent, and 6.6% cheaper with rent.

🙂 Family of 3: Selfoss is 62.3% cheaper than Hafnarfjordur without rent, and 79.1% cheaper with rent.

Meal at Budget Restaurant

$27.05 ISK 3,407

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

$16.33 ISK 2,057

24.68%

Cappuccino

$6.19 ISK 780

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

$3.30 ISK 416

Water (0.33 liter bottle)

$2.52 ISK 317

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

$12.82 ISK 1,615

-4.21%

Imported Beer (0.33 liter bottle)

$11.18 ISK 1,409

Milk (1 liter)

$1.75 ISK 220

$1.64 ISK 207

6.71%

White Bread (500g)

$7.22 ISK 909

$4.25 ISK 536

69.88%

Rice (white) (1kg)

$4.53 ISK 571

$3.61 ISK 455

25.48%

Eggs

$6.42 ISK 809

$6.53 ISK 822

-1.68%

Local Cheese (1kg)

$16.70 ISK 2,103

$18.48 ISK 2,328

-9.63%

Chicken Fillets (1kg)

$20.67 ISK 2,603

$24.11 ISK 3,038

-14.27%

Beef Round Steak (1kg)

$33.43 ISK 4,212

$42.19 ISK 5,315

-20.76%

Apples (1kg)

$2.64 ISK 332

$3.24 ISK 408

-18.52%

Banana (1kg)

$2.55 ISK 321

$2.46 ISK 310

3.66%

Oranges (1kg)

$2.60 ISK 327

$2.99 ISK 377

-13.04%

Tomato (1kg)

$7.10 ISK 894

$5.09 ISK 641

39.49%

Potato (1kg)

$3.11 ISK 392

$3.57 ISK 449

-12.89%

Onion (1kg)

$2.11 ISK 265

$2.33 ISK 293

-9.44%

Lettuce (1 head)

$3.56 ISK 448

$3.10 ISK 390

14.84%

Water (1.5 liter bottle)

$1.38 ISK 173

$2.03 ISK 255

-32.02%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

$13.49 ISK 1,699

14.38%

Wine (Bottle)

$24.10 ISK 3,036

Local Beer (0.5 liter bottle)

$3.62 ISK 456

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

$3.23 ISK 407

-66.25%

One-way Ticket (Public Transport)

$5.17 ISK 652

Public Transport Monthly Pass (Regular Price)

$83.4 ISK 10.5K

Taxi Start (Normal Tariff)

$6.17 ISK 777

Taxi (Normal Tariff) (1km)

$2.64 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.9K

Gasoline (1 liter)

$2.48 ISK 313

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

$46.5K ISK 5.9M

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

$52.8K ISK 6.7M

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

$67.5 ISK 8,507

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

$27.42 ISK 3,454

Internet (50+ Mbps, Unlimited Data)

$85.3 ISK 10.7K

Gym Membership (Monthly)

$63.7 ISK 8,026

Cinema Ticket

$16.37 ISK 2,063

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

$316 ISK 39.8K

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$61.8 ISK 7,784

Sport Shoes (Adidas, Nike)

$122 ISK 15.3K

Men's Leather Business Shoes

$265 ISK 33.4K

1-bedroom Apartment, City Center (Monthly)

$2,373 ISK 299.0K

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.9K

$2,041 ISK 257.1K

44.26%

3-bedroom Apartment, City Center (Monthly)

$3,241 ISK 408.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,555 ISK 321.8K

Buy Apartment in City Center (m2)

$6,838 ISK 861.3K

Buy Apartment Outside City Center (m2)

$6,703 ISK 844.4K

Average Monthly Net Salary (After Tax)

$4,521 ISK 569.5K

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: January 13, 2026

Last update for Hafnarfjordur: January 11, 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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