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

🙂 Solo nomad: Selfoss is 52.4% cheaper than Njardvik without rent, and 12.8% more expensive with rent.

🙂 Family of 3: Selfoss is 65% cheaper than Njardvik without rent, and 77.9% cheaper with rent.

Meal at Budget Restaurant

$24.05 ISK 3,010

Three-Course Dinner for Two, Mid-Range

$98.2 ISK 12.3K

Fast Food Meal (McDonalds, etc)

$20.40 ISK 2,552

$16.26 ISK 2,035

25.46%

Cappuccino

$6.15 ISK 770

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

$1.58 ISK 198

Water (0.33 liter bottle)

$2.34 ISK 293

Local Beer (0.5 liter draught)

$11.87 ISK 1,486

$10.47 ISK 1,311

13.37%

Imported Beer (0.33 liter bottle)

$11.22 ISK 1,404

Milk (1 liter)

$1.75 ISK 219

$1.89 ISK 237

-7.41%

White Bread (500g)

$7.34 ISK 918

$4.20 ISK 526

74.76%

Rice (white) (1kg)

$4.34 ISK 543

$3.68 ISK 461

17.93%

Eggs

$6.39 ISK 800

$6.47 ISK 810

-1.24%

Local Cheese (1kg)

$16.74 ISK 2,094

$18.33 ISK 2,294

-8.67%

Chicken Fillets (1kg)

$20.50 ISK 2,565

$23.76 ISK 2,973

-13.72%

Beef Round Steak (1kg)

$32.61 ISK 4,081

$41.57 ISK 5,202

-21.55%

Apples (1kg)

$2.77 ISK 347

$3.29 ISK 412

-15.81%

Banana (1kg)

$2.61 ISK 327

$2.52 ISK 315

3.57%

Oranges (1kg)

$2.69 ISK 337

$2.98 ISK 372

-9.73%

Tomato (1kg)

$7.02 ISK 879

$5.02 ISK 628

39.84%

Potato (1kg)

$3.20 ISK 401

$3.69 ISK 462

-13.28%

Onion (1kg)

$2.03 ISK 254

$2.40 ISK 301

-15.42%

Lettuce (1 head)

$3.58 ISK 448

$3.14 ISK 394

14.01%

Water (1.5 liter bottle)

$1.33 ISK 167

$2.00 ISK 250

-33.50%

Cigarettes 20 Pack (Marlboro, Camel)

$15.25 ISK 1,909

$13.48 ISK 1,687

13.13%

Wine (Bottle)

$23.93 ISK 2,994

Local Beer (0.5 liter bottle)

$3.62 ISK 453

Imported Beer (0.33 liter bottle)

$1.10 ISK 138

$3.32 ISK 416

-66.87%

Taxi Start (Normal Tariff)

$6.31 ISK 790

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

Gasoline (1 liter)

$2.43 ISK 305

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

$48.2K ISK 6.0M

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

$51.5K ISK 6.4M

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

$87.0 ISK 10.9K

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

$27.82 ISK 3,482

Internet (50+ Mbps, Unlimited Data)

$85.8 ISK 10.7K

Gym Membership (Monthly)

$81.2 ISK 10.2K

Cinema Ticket

$17.64 ISK 2,207

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

$326 ISK 40.8K

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

Jeans (Levis 501 Or Similar)

$119 ISK 14.8K

Summer Dress (H&M, Zara, etc)

$60.5 ISK 7,576

Sport Shoes (Adidas, Nike)

$186 ISK 23.3K

Men's Leather Business Shoes

$271 ISK 33.9K

1-bedroom Apartment, Outside City Center (Monthly)

$2,844 ISK 355.9K

$1,425 ISK 178.3K

99.64%

3-bedroom Apartment, Outside City Center (Monthly)

$2,665 ISK 333.5K

Average Monthly Net Salary (After Tax)

$4,037 ISK 505.2K

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 Njardvik: February 28, 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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