Cost of Living Comparison Between Selfoss and Keflavik Cost of Living Comparison Between Selfoss and Keflavik

🙂 Solo nomad: Selfoss is 64.3% cheaper than Keflavik without rent, and 23.8% more expensive with rent.

🙂 Family of 3: Selfoss is 62.3% cheaper than Keflavik without rent, and 75.3% cheaper with rent.

Meal at Budget Restaurant

$23.80 ISK 2,997

Three-Course Dinner for Two, Mid-Range

$143 ISK 18.0K

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

$20.37 ISK 2,565

-0.05%

Cappuccino

$4.11 ISK 518

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

$3.26 ISK 411

Water (0.33 liter bottle)

$2.55 ISK 321

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

$7.82 ISK 986

57.03%

Imported Beer (0.33 liter bottle)

$8.01 ISK 1,009

Milk (1 liter)

$1.75 ISK 220

$1.97 ISK 248

-11.17%

White Bread (500g)

$7.22 ISK 909

$4.35 ISK 548

65.98%

Rice (white) (1kg)

$4.53 ISK 571

$2.39 ISK 301

89.54%

Eggs

$6.42 ISK 808

$6.34 ISK 799

1.26%

Local Cheese (1kg)

$16.70 ISK 2,103

$17.88 ISK 2,253

-6.60%

Chicken Fillets (1kg)

$20.67 ISK 2,603

$24.13 ISK 3,039

-14.34%

Beef Round Steak (1kg)

$33.43 ISK 4,211

$41.80 ISK 5,266

-20.02%

Apples (1kg)

$2.64 ISK 332

$2.46 ISK 310

7.32%

Banana (1kg)

$2.55 ISK 321

$2.39 ISK 301

6.69%

Oranges (1kg)

$2.60 ISK 327

$2.48 ISK 312

4.84%

Tomato (1kg)

$7.10 ISK 894

$3.94 ISK 496

80.20%

Potato (1kg)

$3.11 ISK 392

$3.07 ISK 386

1.30%

Onion (1kg)

$2.11 ISK 265

$2.12 ISK 267

-0.47%

Lettuce (1 head)

$3.56 ISK 448

$3.19 ISK 401

11.60%

Water (1.5 liter bottle)

$1.38 ISK 173

$1.95 ISK 245

-29.23%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

$13.57 ISK 1,709

13.71%

Wine (Bottle)

$15.59 ISK 1,964

Local Beer (0.5 liter bottle)

$3.55 ISK 448

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

$2.85 ISK 359

-61.75%

One-way Ticket (Public Transport)

$3.52 ISK 443

Public Transport Monthly Pass (Regular Price)

$75.1 ISK 9,461

Taxi Start (Normal Tariff)

$6.28 ISK 791

Taxi (Normal Tariff) (1km)

$2.29 ISK 288

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.9K

Gasoline (1 liter)

$2.45 ISK 309

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

$46.8K ISK 5.9M

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

$52.5K ISK 6.6M

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

$87.4 ISK 11.0K

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

$27.11 ISK 3,415

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

Cinema Ticket

$17.32 ISK 2,181

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

$326 ISK 41.1K

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

Jeans (Levis 501 Or Similar)

$141 ISK 17.8K

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,881

Sport Shoes (Adidas, Nike)

$185 ISK 23.3K

Men's Leather Business Shoes

$188 ISK 23.7K

1-bedroom Apartment, City Center (Monthly)

$1,870 ISK 235.6K

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.8K

$1,302 ISK 164.1K

126.04%

3-bedroom Apartment, City Center (Monthly)

$2,438 ISK 307.1K

3-bedroom Apartment, Outside City Center (Monthly)

$2,042 ISK 257.2K

Average Monthly Net Salary (After Tax)

$3,649 ISK 459.6K

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 Keflavik: 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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