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

🙂 Solo nomad: Selfoss is 61% cheaper than Njardvik without rent, and 15.5% more expensive with rent.

🙂 Family of 3: Selfoss is 61% cheaper than Njardvik without rent, and 77.3% cheaper with rent.

Meal at Budget Restaurant

$24.36 ISK 3,069

Three-Course Dinner for Two, Mid-Range

$98.1 ISK 12.4K

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,565

$16.36 ISK 2,061

24.45%

Cappuccino

$6.27 ISK 790

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

$1.66 ISK 209

Water (0.33 liter bottle)

$2.44 ISK 308

Local Beer (0.5 liter draught)

$12.28 ISK 1,547

$10.57 ISK 1,332

16.18%

Imported Beer (0.33 liter bottle)

$11.47 ISK 1,445

Milk (1 liter)

$1.75 ISK 220

$1.95 ISK 245

-10.26%

White Bread (500g)

$7.22 ISK 909

$4.19 ISK 527

72.32%

Rice (white) (1kg)

$4.53 ISK 571

$3.71 ISK 468

22.10%

Eggs

$6.42 ISK 809

$6.28 ISK 791

2.23%

Local Cheese (1kg)

$16.70 ISK 2,103

$17.87 ISK 2,251

-6.55%

Chicken Fillets (1kg)

$20.67 ISK 2,603

$24.11 ISK 3,037

-14.27%

Beef Round Steak (1kg)

$33.43 ISK 4,212

$42.03 ISK 5,295

-20.46%

Apples (1kg)

$2.64 ISK 332

$3.34 ISK 420

-20.96%

Banana (1kg)

$2.55 ISK 321

$2.52 ISK 317

1.19%

Oranges (1kg)

$2.60 ISK 327

$3.13 ISK 394

-16.93%

Tomato (1kg)

$7.10 ISK 894

$5.03 ISK 634

41.15%

Potato (1kg)

$3.11 ISK 392

$3.56 ISK 448

-12.64%

Onion (1kg)

$2.11 ISK 265

$2.35 ISK 296

-10.21%

Lettuce (1 head)

$3.56 ISK 448

$3.20 ISK 403

11.25%

Water (1.5 liter bottle)

$1.38 ISK 173

$1.95 ISK 246

-29.23%

Cigarettes 20 Pack (Marlboro, Camel)

$15.43 ISK 1,944

$13.44 ISK 1,693

14.81%

Wine (Bottle)

$23.76 ISK 2,993

Local Beer (0.5 liter bottle)

$3.55 ISK 447

Imported Beer (0.33 liter bottle)

$1.09 ISK 138

$3.36 ISK 424

-67.56%

Taxi Start (Normal Tariff)

$6.47 ISK 815

Taxi (Normal Tariff) (1km)

$2.52 ISK 318

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.6K

Gasoline (1 liter)

$2.54 ISK 320

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

$48.1K ISK 6.1M

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

$53.1K ISK 6.7M

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

$88.8 ISK 11.2K

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

$27.78 ISK 3,499

Internet (50+ Mbps, Unlimited Data)

$83.8 ISK 10.6K

Gym Membership (Monthly)

$79.4 ISK 10.0K

Cinema Ticket

$17.68 ISK 2,227

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

$322 ISK 40.5K

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

Summer Dress (H&M, Zara, etc)

$62.3 ISK 7,842

Sport Shoes (Adidas, Nike)

$183 ISK 23.1K

Men's Leather Business Shoes

$269 ISK 33.9K

1-bedroom Apartment, Outside City Center (Monthly)

$2,944 ISK 370.9K

$1,470 ISK 185.2K

100.27%

3-bedroom Apartment, Outside City Center (Monthly)

$2,611 ISK 329.0K

Average Monthly Net Salary (After Tax)

$3,882 ISK 489.0K

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 Njardvik: January 10, 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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