Last update: Nov 2026

Cost of Living Comparison Between Selfoss and Hverageroi

For one person, living is cheaper in Hverageroi: $1,719 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 Hverageroi
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Hverageroi Living Index

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Selfoss

🇮🇸 Iceland

$3,397

/mo nomad

Hverageroi

🇮🇸 Iceland

$1,719

/mo nomad

Monthly Cost of Living

How much you'll spend in Selfoss and in Hverageroi

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 Hverageroi actually costs, broken down by who's living it.

A single person spends $3,397 per month in Selfoss vs $1,719 in Hverageroi, rent included.

Selfoss $3,397
Hverageroi $1,719

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

Selfoss $2,424
Hverageroi $2,927

A family of three spends $1,451 per month in Selfoss vs $4,135 in Hverageroi, rent included.

Selfoss $1,451
Hverageroi $4,135

Selfoss costs about 98% more than Hverageroi.

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

Meal at Budget Restaurant

$31.27 ISK 3,799

Three-Course Dinner for Two, Mid-Range

$124 ISK 15.1K

Fast Food Meal (McDonalds, etc)

$20.19 ISK 2,453

$27.50 ISK 3,341

-26.58%

Cappuccino

$6.74 ISK 819

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

$3.37 ISK 409

Water (0.33 liter bottle)

$3.15 ISK 383

Local Beer (0.5 liter draught)

$12.45 ISK 1,513

$14.10 ISK 1,713

-11.70%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,495

Milk (1 liter)

$1.76 ISK 214

$2.02 ISK 246

-12.87%

White Bread (500g)

$7.43 ISK 903

$4.28 ISK 520

73.60%

Rice (white) (1kg)

$4.37 ISK 531

$3.65 ISK 444

19.73%

Eggs

$6.34 ISK 771

$6.90 ISK 838

-8.12%

Local Cheese (1kg)

$16.92 ISK 2,055

$21.93 ISK 2,665

-22.85%

Chicken Fillets (1kg)

$21.39 ISK 2,599

$23.98 ISK 2,914

-10.80%

Beef Round Steak (1kg)

$33.81 ISK 4,108

$41.79 ISK 5,077

-19.10%

Apples (1kg)

$2.83 ISK 344

$3.36 ISK 408

-15.77%

Banana (1kg)

$2.59 ISK 315

$2.76 ISK 335

-6.16%

Oranges (1kg)

$2.68 ISK 325

$3.18 ISK 387

-15.72%

Tomato (1kg)

$7.37 ISK 896

$6.38 ISK 775

15.52%

Potato (1kg)

$3.11 ISK 378

$3.91 ISK 475

-20.46%

Onion (1kg)

$2.16 ISK 262

$1.70 ISK 207

27.06%

Lettuce (1 head)

$3.49 ISK 424

$3.62 ISK 440

-3.59%

Water (1.5 liter bottle)

$1.40 ISK 170

$1.77 ISK 215

-20.90%

Cigarettes 20 Pack (Marlboro, Camel)

$15.52 ISK 1,886

$13.81 ISK 1,678

12.38%

Wine (Bottle)

$23.51 ISK 2,856

Local Beer (0.5 liter bottle)

$3.54 ISK 430

Imported Beer (0.33 liter bottle)

$1.16 ISK 142

$3.48 ISK 423

-66.67%

Taxi Start (Normal Tariff)

$6.90 ISK 839

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$81.7 ISK 9,928

Gasoline (1 liter)

$2.04 ISK 248

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

$69.7K ISK 8.5M

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

$55.0K ISK 6.7M

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

$97.0 ISK 11.8K

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

$32.70 ISK 3,973

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

Cinema Ticket

$19.66 ISK 2,389

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

$1,207 ISK 146.7K

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,114

Sport Shoes (Adidas, Nike)

$185 ISK 22.5K

Men's Leather Business Shoes

$247 ISK 30.0K

1-bedroom Apartment, Outside City Center (Monthly)

$2,756 ISK 334.9K

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 Hverageroi: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Selfoss

–

Hverageroi

$617 35.9%

Eating Out

Selfoss

–

Hverageroi

$535 31.1%

Clothing & Footwear

Selfoss

–

Hverageroi

$292 17%

Monthly Utilities & Internet

Selfoss

–

Hverageroi

$215 12.5%

Sport & Entertainment

Selfoss

–

Hverageroi

$39 * 2.3%

Getting Around

Selfoss

–

Hverageroi

$21 * 1.2%

Accommodation & Living

Selfoss

–

Hverageroi

- * 0%

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

Good to know

🇮🇸 Selfoss

🇮🇸 Hverageroi

🕒 Local time

04:43 4:43 AM

Same time as Selfoss

🌤 Weather

👥 Population

9,000

2,657

💱 Currency

Icelandic Króna ISK kr

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

Exchange rates and currency converter

On the map

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Highest

Between locations

Selfoss Hverageroi 11 km

From you

Selfoss
Hverageroi

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 Hverageroi: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $5,095 per month in Selfoss and $2,578 in Hverageroi. 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 $1,719 in Hverageroi. That makes Hverageroi about 49% cheaper.

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

A $2,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,719, than in Selfoss at $3,397. In Hverageroi 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 $1,719 in Hverageroi to $3,397 in Selfoss. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.