Cost of Living Comparison Between Selfoss and Kopavogur Cost of Living Comparison Between Selfoss and Kopavogur

🙂 Solo nomad: Selfoss is 68.8% cheaper than Kopavogur without rent, and 106% more expensive with rent.

🙂 Family of 3: Selfoss is 57.2% cheaper than Kopavogur without rent, and 64.6% cheaper with rent.

Meal at Budget Restaurant

$27.01 ISK 3,402

Three-Course Dinner for Two, Mid-Range

$95.2 ISK 12.0K

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

$22.81 ISK 2,873

-10.74%

Cappuccino

$5.99 ISK 755

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

$2.07 ISK 260

Water (0.33 liter bottle)

$2.61 ISK 329

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

$10.39 ISK 1,309

18.19%

Imported Beer (0.33 liter bottle)

$11.12 ISK 1,401

Milk (1 liter)

$1.75 ISK 220

$1.71 ISK 215

2.34%

White Bread (500g)

$7.22 ISK 909

$4.30 ISK 541

67.91%

Rice (white) (1kg)

$4.53 ISK 571

$3.74 ISK 471

21.12%

Eggs

$6.42 ISK 808

$6.23 ISK 785

3.05%

Local Cheese (1kg)

$16.70 ISK 2,103

$17.88 ISK 2,253

-6.60%

Chicken Fillets (1kg)

$20.67 ISK 2,603

$24.24 ISK 3,053

-14.73%

Beef Round Steak (1kg)

$33.43 ISK 4,211

$42.31 ISK 5,329

-20.99%

Apples (1kg)

$2.64 ISK 332

$3.25 ISK 409

-18.77%

Banana (1kg)

$2.55 ISK 321

$2.54 ISK 319

0.39%

Oranges (1kg)

$2.60 ISK 327

$2.97 ISK 375

-12.46%

Tomato (1kg)

$7.10 ISK 894

$4.86 ISK 613

46.09%

Potato (1kg)

$3.11 ISK 392

$3.52 ISK 443

-11.65%

Onion (1kg)

$2.11 ISK 265

$2.37 ISK 298

-10.97%

Lettuce (1 head)

$3.56 ISK 448

$3.17 ISK 399

12.30%

Water (1.5 liter bottle)

$1.38 ISK 173

$1.99 ISK 251

-30.65%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

$13.54 ISK 1,705

13.96%

Wine (Bottle)

$23.57 ISK 2,970

Local Beer (0.5 liter bottle)

$3.61 ISK 455

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

$3.38 ISK 425

-67.75%

One-way Ticket (Public Transport)

$4.35 ISK 547

Public Transport Monthly Pass (Regular Price)

$73.6 ISK 9,273

Taxi Start (Normal Tariff)

$5.71 ISK 719

Taxi (Normal Tariff) (1km)

$2.65 ISK 334

Taxi 1hour Waiting (Normal Tariff)

$87.0 ISK 11.0K

Gasoline (1 liter)

$2.44 ISK 307

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

$47.5K ISK 6.0M

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

$52.7K ISK 6.6M

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

$89.4 ISK 11.3K

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

$26.93 ISK 3,392

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

Gym Membership (Monthly)

$69.4 ISK 8,746

Cinema Ticket

$16.39 ISK 2,065

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

$318 ISK 40.1K

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

Jeans (Levis 501 Or Similar)

$140 ISK 17.7K

Summer Dress (H&M, Zara, etc)

$52.1 ISK 6,560

Sport Shoes (Adidas, Nike)

$160 ISK 20.2K

Men's Leather Business Shoes

$269 ISK 33.9K

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.8K

Buy Apartment in City Center (m2)

$5,943 ISK 748.5K

Buy Apartment Outside City Center (m2)

$5,918 ISK 745.5K

Average Monthly Net Salary (After Tax)

$5,169 ISK 651.1K

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 Kopavogur: January 13, 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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