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

🙂 Solo nomad: Selfoss is 58.2% cheaper than Kopavogur without rent, and 99% more expensive with rent.

🙂 Family of 3: Selfoss is 67% cheaper than Kopavogur without rent, and 64.6% cheaper with rent.

Meal at Budget Restaurant

$27.11 ISK 3,393

Three-Course Dinner for Two, Mid-Range

$96.0 ISK 12.0K

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,552

$22.84 ISK 2,858

-10.68%

Cappuccino

$5.95 ISK 744

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

$2.02 ISK 253

Water (0.33 liter bottle)

$2.61 ISK 327

Local Beer (0.5 liter draught)

$11.87 ISK 1,486

$10.43 ISK 1,306

13.81%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,383

Milk (1 liter)

$1.75 ISK 219

$1.67 ISK 209

4.79%

White Bread (500g)

$7.34 ISK 918

$4.19 ISK 525

75.18%

Rice (white) (1kg)

$4.34 ISK 543

$3.71 ISK 465

16.98%

Eggs

$6.39 ISK 800

$6.46 ISK 808

-1.08%

Local Cheese (1kg)

$16.74 ISK 2,094

$18.42 ISK 2,305

-9.12%

Chicken Fillets (1kg)

$20.50 ISK 2,565

$23.60 ISK 2,954

-13.14%

Beef Round Steak (1kg)

$32.61 ISK 4,081

$42.97 ISK 5,377

-24.11%

Apples (1kg)

$2.77 ISK 347

$3.19 ISK 399

-13.17%

Banana (1kg)

$2.61 ISK 327

$2.52 ISK 315

3.57%

Oranges (1kg)

$2.69 ISK 337

$3.08 ISK 385

-12.66%

Tomato (1kg)

$7.02 ISK 879

$5.08 ISK 635

38.19%

Potato (1kg)

$3.20 ISK 401

$3.58 ISK 448

-10.61%

Onion (1kg)

$2.03 ISK 254

$2.32 ISK 290

-12.50%

Lettuce (1 head)

$3.58 ISK 448

$3.20 ISK 400

11.87%

Water (1.5 liter bottle)

$1.33 ISK 167

$1.95 ISK 244

-31.79%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,909

$13.55 ISK 1,696

12.55%

Wine (Bottle)

$23.59 ISK 2,952

Local Beer (0.5 liter bottle)

$3.70 ISK 463

Imported Beer (0.33 liter bottle)

$1.10 ISK 138

$3.21 ISK 402

-65.73%

One-way Ticket (Public Transport)

$4.48 ISK 560

Public Transport Monthly Pass (Regular Price)

$72.9 ISK 9,120

Taxi Start (Normal Tariff)

$5.80 ISK 726

Taxi (Normal Tariff) (1km)

$2.54 ISK 318

Taxi 1hour Waiting (Normal Tariff)

$87.8 ISK 11.0K

Gasoline (1 liter)

$2.45 ISK 307

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

$46.5K ISK 5.8M

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)

$89.3 ISK 11.2K

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

$27.91 ISK 3,493

Internet (50+ Mbps, Unlimited Data)

$86.6 ISK 10.8K

Gym Membership (Monthly)

$69.0 ISK 8,632

Cinema Ticket

$16.79 ISK 2,101

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

$317 ISK 39.7K

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)

$52.9 ISK 6,619

Sport Shoes (Adidas, Nike)

$161 ISK 20.2K

Men's Leather Business Shoes

$267 ISK 33.5K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

Buy Apartment in City Center (m2)

$6,096 ISK 762.9K

Buy Apartment Outside City Center (m2)

$5,945 ISK 744.0K

Average Monthly Net Salary (After Tax)

$5,310 ISK 664.5K

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 Kopavogur: 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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