Last update: Nov 2026

Cost of Living Comparison Between Selfoss and Hella

For one person, living is cheaper in Hella: $1,723 a month against $3,397 in Selfoss, rent and utilities included – about $20,100 less a year. Higher rent and utilities in Selfoss outweigh lower spending on other living expenses.

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Cost of Living Index in Hella
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Hella Living Index

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Selfoss

🇮🇸 Iceland

$3,397

/mo nomad

Hella

🇮🇸 Iceland

$1,723

/mo nomad

Monthly Cost of Living

How much you'll spend in Selfoss and in Hella

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Selfoss and in Hella actually costs, broken down by who's living it.

A single person spends $3,397 per month in Selfoss vs $1,723 in Hella, rent included.

Selfoss $3,397
Hella $1,723

A couple spends around $2,424 per month in Selfoss vs $2,927 in Hella, rent included.

Selfoss $2,424
Hella $2,927

A family of three spends $1,451 per month in Selfoss vs $4,131 in Hella, rent included.

Selfoss $1,451
Hella $4,131

Selfoss costs about 97% more than Hella.

Both Selfoss and Hella sit above the global median – Selfoss by 151%, Hella by 27%.

Meal at Budget Restaurant

$31.22 ISK 3,790

Three-Course Dinner for Two, Mid-Range

$121 ISK 14.7K

Fast Food Meal (McDonalds, etc)

$20.19 ISK 2,451

$27.24 ISK 3,307

-25.88%

Cappuccino

$6.89 ISK 836

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

$3.25 ISK 395

Water (0.33 liter bottle)

$3.08 ISK 374

Local Beer (0.5 liter draught)

$12.45 ISK 1,511

$14.16 ISK 1,719

-12.08%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,493

Milk (1 liter)

$1.76 ISK 214

$2.00 ISK 243

-12.00%

White Bread (500g)

$7.43 ISK 902

$4.30 ISK 522

72.79%

Rice (white) (1kg)

$4.37 ISK 531

$3.66 ISK 444

19.40%

Eggs

$6.34 ISK 770

$7.27 ISK 883

-12.79%

Local Cheese (1kg)

$16.92 ISK 2,054

$21.85 ISK 2,652

-22.56%

Chicken Fillets (1kg)

$21.39 ISK 2,597

$24.10 ISK 2,925

-11.24%

Beef Round Steak (1kg)

$33.81 ISK 4,104

$41.15 ISK 4,995

-17.84%

Apples (1kg)

$2.83 ISK 343

$3.36 ISK 408

-15.77%

Banana (1kg)

$2.59 ISK 314

$2.83 ISK 343

-8.48%

Oranges (1kg)

$2.68 ISK 325

$3.21 ISK 390

-16.51%

Tomato (1kg)

$7.37 ISK 895

$6.56 ISK 797

12.35%

Potato (1kg)

$3.11 ISK 378

$3.91 ISK 475

-20.46%

Onion (1kg)

$2.16 ISK 262

$1.69 ISK 205

27.81%

Lettuce (1 head)

$3.49 ISK 424

$3.64 ISK 442

-4.12%

Water (1.5 liter bottle)

$1.40 ISK 170

$1.83 ISK 223

-23.50%

Cigarettes 20 Pack (Marlboro, Camel)

$15.52 ISK 1,884

$13.97 ISK 1,696

11.10%

Wine (Bottle)

$23.32 ISK 2,832

Local Beer (0.5 liter bottle)

$3.66 ISK 445

Imported Beer (0.33 liter bottle)

$1.16 ISK 141

$3.49 ISK 423

-66.76%

Taxi Start (Normal Tariff)

$6.76 ISK 821

Taxi (Normal Tariff) (1km)

$2.75 ISK 333

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,805

Gasoline (1 liter)

$2.10 ISK 255

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

$67.9K ISK 8.2M

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

$56.3K ISK 6.8M

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

$96.8 ISK 11.8K

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

$32.49 ISK 3,944

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

Cinema Ticket

$19.81 ISK 2,405

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

$1,205 ISK 146.3K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,105

Sport Shoes (Adidas, Nike)

$185 ISK 22.4K

Men's Leather Business Shoes

$252 ISK 30.6K

1-bedroom Apartment, Outside City Center (Monthly)

$2,756 ISK 334.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Selfoss: November 1, 2026

Last update for Hella: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Selfoss

–

Hella

$619 35.9%

Eating Out

Selfoss

–

Hella

$535 31.1%

Clothing & Footwear

Selfoss

–

Hella

$294 17.1%

Monthly Utilities & Internet

Selfoss

–

Hella

$214 12.4%

Sport & Entertainment

Selfoss

–

Hella

$40 * 2.3%

Getting Around

Selfoss

–

Hella

$20 * 1.2%

Accommodation & Living

Selfoss

–

Hella

- * 0%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Good to know

🇮🇸 Selfoss

🇮🇸 Hella

🕒 Local time

21:17 9:17 PM

Same time as Selfoss

🌤 Weather

👥 Population

9,000

900

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.37 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Selfoss Hella 32 km

From you

Selfoss
Hella

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Selfoss vs Hella: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $5,095 per month in Selfoss and $2,584 in Hella. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $3,397 in Selfoss and $1,723 in Hella. That makes Hella about 49% cheaper.

Interestingly, groceries are about 16% cheaper in Selfoss – one category where the pricier city actually offers better value.

A $3,000 monthly budget goes further in Hella, where all-in costs run around $1,723, than in Selfoss at $3,397. In Hella it covers expenses comfortably, while in Selfoss it requires careful planning or may not stretch far enough.

It depends on your priorities. Selfoss has an edge in some lifestyle areas, with costs from $1,723 in Hella to $3,397 in Selfoss. Climate, culture, job market, and personal taste all factor in.