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

🙂 Solo nomad: Selfoss is 62.3% cheaper than Keflavik without rent, and 23.8% more expensive with rent.

🙂 Family of 3: Selfoss is 63.3% cheaper than Keflavik without rent, and 75.6% cheaper with rent.

Meal at Budget Restaurant

$24.08 ISK 3,004

Three-Course Dinner for Two, Mid-Range

$144 ISK 18K

Fast Food Meal (McDonalds, etc)

$19.9 ISK 2,482

$20.26 ISK 2,528

-1.78%

Cappuccino

$4.01 ISK 500

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

$3.14 ISK 391

Water (0.33 liter bottle)

$2.61 ISK 326

Local Beer (0.5 liter draught)

$12.23 ISK 1,526

$7.94 ISK 990

54.03%

Imported Beer (0.33 liter bottle)

$8.01 ISK 1,000

Milk (1 liter)

$1.73 ISK 216

$1.88 ISK 234

-7.98%

White Bread (500g)

$7.36 ISK 918

$4.31 ISK 537

70.77%

Rice (white) (1kg)

$4.54 ISK 567

$2.37 ISK 296

91.56%

Eggs

$6.3 ISK 786

$6.12 ISK 764

2.94%

Local Cheese (1kg)

$17.15 ISK 2,139

$18.3 ISK 2,283

-6.28%

Chicken Fillets (1kg)

$20.77 ISK 2,591

$23.39 ISK 2,917

-11.20%

Beef Round Steak (1kg)

$32.97 ISK 4,114

$41.94 ISK 5,232

-21.39%

Apples (1kg)

$2.75 ISK 343

$2.45 ISK 306

12.24%

Banana (1kg)

$2.65 ISK 331

$2.48 ISK 309

6.85%

Oranges (1kg)

$2.58 ISK 322

$2.44 ISK 305

5.74%

Tomato (1kg)

$7.14 ISK 891

$3.94 ISK 491

81.22%

Potato (1kg)

$3.22 ISK 402

$3.15 ISK 393

2.22%

Onion (1kg)

$2.09 ISK 261

$2.06 ISK 257

1.46%

Lettuce (1 head)

$3.52 ISK 439

$3.17 ISK 396

11.04%

Water (1.5 liter bottle)

$1.37 ISK 172

$1.91 ISK 239

-28.27%

Cigarettes 20 Pack (Marlboro, Camel)

$15.4 ISK 1,921

$13.46 ISK 1,680

14.41%

Wine (Bottle)

$16.37 ISK 2,042

Local Beer (0.5 liter bottle)

$3.64 ISK 454

Imported Beer (0.33 liter bottle)

$1.13 ISK 141

$2.77 ISK 346

-59.21%

One-way Ticket (Public Transport)

$3.7 ISK 461

Public Transport Monthly Pass (Regular Price)

$74.4 ISK 9,282

Taxi Start (Normal Tariff)

$6.28 ISK 783

Taxi (Normal Tariff) (1km)

$2.36 ISK 294

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 10.9K

Gasoline (1 liter)

$2.48 ISK 310

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

$47.5K 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)

$86.6 ISK 10.8K

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

$27.89 ISK 3,479

Internet (50+ Mbps, Unlimited Data)

$84.8 ISK 10.6K

Cinema Ticket

$17.59 ISK 2,194

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

$326 ISK 40.7K

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

Jeans (Levis 501 Or Similar)

$138 ISK 17.2K

Summer Dress (H&M, Zara, etc)

$61.2 ISK 7,638

Sport Shoes (Adidas, Nike)

$186 ISK 23.2K

Men's Leather Business Shoes

$184 ISK 22.9K

1-bedroom Apartment, City Center (Monthly)

$1,854 ISK 231.3K

1-bedroom Apartment, Outside City Center (Monthly)

$2,856 ISK 356.3K

$1,347 ISK 168.1K

111.99%

3-bedroom Apartment, City Center (Monthly)

$2,480 ISK 309.4K

3-bedroom Apartment, Outside City Center (Monthly)

$1,978 ISK 246.7K

Average Monthly Net Salary (After Tax)

$3,802 ISK 474.4K

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: October 28, 2025

Last update for Keflavik: October 28, 2025

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