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

🙂 Solo nomad: Selfoss is 57.4% cheaper than Keflavik without rent, and 20.4% more expensive with rent.

🙂 Family of 3: Selfoss is 63% cheaper than Keflavik without rent, and 75.6% cheaper with rent.

Meal at Budget Restaurant

$24.37 ISK 3,049

Three-Course Dinner for Two, Mid-Range

$143 ISK 17.9K

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,552

$20.19 ISK 2,527

1.04%

Cappuccino

$3.99 ISK 499

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

$3.20 ISK 400

Water (0.33 liter bottle)

$2.51 ISK 314

Local Beer (0.5 liter draught)

$11.87 ISK 1,486

$8.22 ISK 1,029

44.40%

Imported Beer (0.33 liter bottle)

$7.89 ISK 987

Milk (1 liter)

$1.75 ISK 219

$1.96 ISK 246

-10.71%

White Bread (500g)

$7.34 ISK 918

$4.31 ISK 539

70.30%

Rice (white) (1kg)

$4.34 ISK 543

$2.36 ISK 295

83.90%

Eggs

$6.39 ISK 800

$6.21 ISK 777

2.90%

Local Cheese (1kg)

$16.74 ISK 2,094

$17.93 ISK 2,244

-6.64%

Chicken Fillets (1kg)

$20.50 ISK 2,565

$23.44 ISK 2,933

-12.54%

Beef Round Steak (1kg)

$32.61 ISK 4,081

$43.07 ISK 5,390

-24.29%

Apples (1kg)

$2.77 ISK 347

$2.39 ISK 299

15.90%

Banana (1kg)

$2.61 ISK 327

$2.40 ISK 300

8.75%

Oranges (1kg)

$2.69 ISK 337

$2.46 ISK 307

9.35%

Tomato (1kg)

$7.02 ISK 879

$4.06 ISK 508

72.91%

Potato (1kg)

$3.20 ISK 401

$3.18 ISK 397

0.63%

Onion (1kg)

$2.03 ISK 254

$2.04 ISK 255

-0.49%

Lettuce (1 head)

$3.58 ISK 448

$3.13 ISK 391

14.38%

Water (1.5 liter bottle)

$1.33 ISK 167

$1.92 ISK 241

-30.73%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,909

$13.59 ISK 1,701

12.21%

Wine (Bottle)

$16.49 ISK 2,063

Local Beer (0.5 liter bottle)

$3.75 ISK 470

Imported Beer (0.33 liter bottle)

$1.10 ISK 138

$2.74 ISK 343

-59.85%

One-way Ticket (Public Transport)

$3.56 ISK 446

Public Transport Monthly Pass (Regular Price)

$74.1 ISK 9,271

Taxi Start (Normal Tariff)

$6.27 ISK 784

Taxi (Normal Tariff) (1km)

$2.29 ISK 286

Taxi 1hour Waiting (Normal Tariff)

$86.6 ISK 10.8K

Gasoline (1 liter)

$2.43 ISK 304

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

$47.6K ISK 6.0M

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

$53.0K ISK 6.6M

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

$88.8 ISK 11.1K

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

$27.97 ISK 3,500

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.7K

Cinema Ticket

$17.26 ISK 2,160

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

$323 ISK 40.5K

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,673

Sport Shoes (Adidas, Nike)

$180 ISK 22.6K

Men's Leather Business Shoes

$191 ISK 23.9K

1-bedroom Apartment, City Center (Monthly)

$1,866 ISK 233.5K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

$1,319 ISK 165.1K

115.61%

3-bedroom Apartment, City Center (Monthly)

$2,415 ISK 302.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,043 ISK 255.7K

Average Monthly Net Salary (After Tax)

$3,742 ISK 468.3K

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: March 1, 2026

Last update for Keflavik: March 2, 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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