Cost of Living Comparison Between Selfoss and Njardvik Cost of Living Comparison Between Selfoss and Njardvik

🙂 Solo nomad: Selfoss is 59% cheaper than Njardvik without rent, and 17% more expensive with rent.

🙂 Family of 3: Selfoss is 66.3% cheaper than Njardvik without rent, and 77.1% cheaper with rent.

Meal at Budget Restaurant

$23.75 ISK 2,963

Three-Course Dinner for Two, Mid-Range

$94.6 ISK 11.8K

Fast Food Meal (McDonalds, etc)

$19.9 ISK 2,482

$16.18 ISK 2,018

22.99%

Cappuccino

$6.19 ISK 772

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

$1.57 ISK 195

Water (0.33 liter bottle)

$2.34 ISK 292

Local Beer (0.5 liter draught)

$12.23 ISK 1,526

$10.3 ISK 1,285

18.74%

Imported Beer (0.33 liter bottle)

$11.3 ISK 1,409

Milk (1 liter)

$1.73 ISK 216

$1.95 ISK 244

-11.28%

White Bread (500g)

$7.36 ISK 918

$4.35 ISK 543

69.20%

Rice (white) (1kg)

$4.54 ISK 567

$3.67 ISK 458

23.71%

Eggs

$6.3 ISK 786

$6.29 ISK 785

0.16%

Local Cheese (1kg)

$17.15 ISK 2,139

$18.4 ISK 2,296

-6.79%

Chicken Fillets (1kg)

$20.77 ISK 2,591

$24.04 ISK 2,999

-13.60%

Beef Round Steak (1kg)

$32.97 ISK 4,114

$42.18 ISK 5,262

-21.83%

Apples (1kg)

$2.75 ISK 343

$3.33 ISK 415

-17.42%

Banana (1kg)

$2.65 ISK 331

$2.42 ISK 302

9.50%

Oranges (1kg)

$2.58 ISK 322

$2.96 ISK 370

-12.84%

Tomato (1kg)

$7.14 ISK 891

$5.06 ISK 631

41.11%

Potato (1kg)

$3.22 ISK 402

$3.71 ISK 462

-13.21%

Onion (1kg)

$2.09 ISK 261

$2.35 ISK 293

-11.06%

Lettuce (1 head)

$3.52 ISK 439

$3.07 ISK 383

14.66%

Water (1.5 liter bottle)

$1.37 ISK 172

$1.96 ISK 244

-30.10%

Cigarettes 20 Pack (Marlboro, Camel)

$15.4 ISK 1,921

$13.91 ISK 1,735

10.71%

Wine (Bottle)

$24.15 ISK 3,013

Local Beer (0.5 liter bottle)

$3.72 ISK 464

Imported Beer (0.33 liter bottle)

$1.13 ISK 141

$3.33 ISK 415

-66.07%

Taxi Start (Normal Tariff)

$6.33 ISK 790

Taxi (Normal Tariff) (1km)

$2.6 ISK 324

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 10.9K

Gasoline (1 liter)

$2.55 ISK 319

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)

$53K ISK 6.6M

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

$88.9 ISK 11.1K

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

$27.69 ISK 3,455

Internet (50+ Mbps, Unlimited Data)

$86 ISK 10.7K

Gym Membership (Monthly)

$80.8 ISK 10.1K

Cinema Ticket

$17.25 ISK 2,152

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

$320 ISK 39.9K

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$60.9 ISK 7,600

Sport Shoes (Adidas, Nike)

$181 ISK 22.6K

Men's Leather Business Shoes

$262 ISK 32.7K

1-bedroom Apartment, Outside City Center (Monthly)

$2,856 ISK 356.3K

$1,462 ISK 182.4K

95.31%

3-bedroom Apartment, Outside City Center (Monthly)

$2,673 ISK 333.5K

Average Monthly Net Salary (After Tax)

$3,927 ISK 489.9K

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 Njardvik: October 28, 2025

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