Last update: Oct 2026

Cost of Living Comparison Between Tbilisi and Selfoss

For one person, living is cheaper in Tbilisi: $1,269 a month against $3,416 in Selfoss, rent and utilities included – about $25,800 less a year. Higher rent and utilities in Selfoss outweigh lower spending on other living expenses.

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Cost of Living Index in Tbilisi
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Tbilisi Living Index

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Tbilisi

🇬🇪 Georgia

$1,269

/mo nomad

Selfoss

🇮🇸 Iceland

$3,416

/mo nomad

Monthly Cost of Living

How much you'll spend in Tbilisi and in Selfoss

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Tbilisi and in Selfoss actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,269 in Tbilisi versus $3,416 in Selfoss.

Tbilisi $1,269
Selfoss $3,416

Estimated couple costs with rent: $2,016 in Tbilisi versus $2,439 in Selfoss.

Tbilisi $2,016
Selfoss $2,439

Monthly costs for a family of three with rent: $2,763 in Tbilisi versus $1,461 in Selfoss.

Tbilisi $2,763
Selfoss $1,461

Living in Tbilisi costs roughly 63% less than in Selfoss, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Tbilisi is 7% below, Selfoss is 151% above.

Meal at Budget Restaurant

$11.63 ₾30.07

Three-Course Dinner for Two, Mid-Range

$37.83 ₾97.8

Fast Food Meal (McDonalds, etc)

$9.66 ₾24.98

$20.39 ISK 2,475

-52.62%

Cappuccino

$3.57 ₾9.24

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

$1.08 ₾2.78

Water (0.33 liter bottle)

$0.56 ₾1.45

Local Beer (0.5 liter draught)

$2.62 ₾6.78

$12.18 ISK 1,478

-78.49%

Imported Beer (0.33 liter bottle)

$3.04 ₾7.85

Milk (1 liter)

$2.17 ₾5.60

$1.77 ISK 215

22.60%

White Bread (500g)

$0.80 ₾2.06

$7.65 ISK 929

-89.54%

Rice (white) (1kg)

$1.74 ₾4.51

$4.55 ISK 552

-61.76%

Eggs

$2.83 ₾7.31

$6.49 ISK 787

-56.39%

Local Cheese (1kg)

$9.31 ₾24.07

$17.25 ISK 2,094

-46.03%

Chicken Fillets (1kg)

$6.52 ₾16.85

$21.56 ISK 2,617

-69.76%

Beef Round Steak (1kg)

$12.95 ₾33.50

$33.60 ISK 4,078

-61.46%

Apples (1kg)

$1.68 ₾4.33

$2.83 ISK 343

-40.64%

Banana (1kg)

$1.85 ₾4.79

$2.70 ISK 328

-31.48%

Oranges (1kg)

$1.97 ₾5.10

$2.72 ISK 330

-27.57%

Tomato (1kg)

$2.42 ₾6.25

$7.25 ISK 880

-66.62%

Potato (1kg)

$0.82 ₾2.11

$3.24 ISK 394

-74.69%

Onion (1kg)

$0.74 ₾1.91

$2.07 ISK 252

-64.25%

Lettuce (1 head)

$1.34 ₾3.47

$3.70 ISK 449

-63.78%

Water (1.5 liter bottle)

$0.77 ₾2.00

$1.34 ISK 163

-42.54%

Cigarettes 20 Pack (Marlboro, Camel)

$3.57 ₾9.24

$15.61 ISK 1,895

-77.13%

Wine (Bottle)

$7.67 ₾19.83

Local Beer (0.5 liter bottle)

$1.70 ₾4.39

Imported Beer (0.33 liter bottle)

$2.40 ₾6.21

$1.15 ISK 140

108.70%

One-way Ticket (Public Transport)

$0.40 ₾1.05

Public Transport Monthly Pass (Regular Price)

$15.23 ₾39.38

Taxi Start (Normal Tariff)

$1.14 ₾2.95

Taxi (Normal Tariff) (1km)

$0.78 ₾2.02

Taxi 1hour Waiting (Normal Tariff)

$11.83 ₾30.58

Gasoline (1 liter)

$1.45 ₾3.75

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

$24.6K ₾63.6K

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

$22.3K ₾57.8K

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

$88.8 ₾230

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

$13.12 ₾33.93

Internet (50+ Mbps, Unlimited Data)

$19.67 ₾50.9

Gym Membership (Monthly)

$64.1 ₾166

Tennis Court (1 Hour on Weekend)

$19.04 ₾49.24

Cinema Ticket

$7.12 ₾18.42

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

$375 ₾971

International Primary School, 1 Child (Yearly)

$10.5K ₾27.1K

Jeans (Levis 501 Or Similar)

$104 ₾268

Summer Dress (H&M, Zara, etc)

$39.26 ₾102

Sport Shoes (Adidas, Nike)

$117 ₾303

Men's Leather Business Shoes

$122 ₾315

1-bedroom Apartment, City Center (Monthly)

$695 ₾1,798

1-bedroom Apartment, Outside City Center (Monthly)

$451 ₾1,167

$2,771 ISK 336.4K

-83.72%

3-bedroom Apartment, City Center (Monthly)

$1,355 ₾3,504

3-bedroom Apartment, Outside City Center (Monthly)

$906 ₾2,343

Buy Apartment in City Center (m2)

$2,295 ₾5,934

Buy Apartment Outside City Center (m2)

$1,345 ₾3,478

Average Monthly Net Salary (After Tax)

$664 ₾1,718

20-Year Fixed Mortgage Interest Rate (Annual %)

12.62

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Tbilisi: October 27, 2026

Last update for Selfoss: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Tbilisi

$451 35.6%

Selfoss

–

Groceries & Markets

Tbilisi

$234 18.4%

Selfoss

–

Eating Out

Tbilisi

$191 15%

Selfoss

–

Clothing & Footwear

Tbilisi

$172 13.5%

Selfoss

–

Monthly Utilities & Internet

Tbilisi

$122 9.6%

Selfoss

–

Sport & Entertainment

Tbilisi

$78 6.2%

Selfoss

–

Getting Around

Tbilisi

$22 1.7%

Selfoss

–

Good to know

🇬🇪 Tbilisi

🇮🇸 Selfoss

🕒 Local time

01:35 1:35 AM

21:35 9:35 PM

4 h behind Tbilisi

🌤 Weather

👥 Population

1,241,700 Capital

9,000

💱 Currency

Georgian Lari GEL ₾

Icelandic Króna ISK kr

📈 Exchange rate

1 GEL = 0.387 USD

1 GEL = 0.346 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

Exchange rates and currency converter

ISK, USD, EUR to GEL – Georgian Lari Converter

🇺🇸 United States Dollar ($)

🇬🇪 Georgian Lari (₾)

Georgian Lari exchange rates as of November 1, 2026: 1 USD = 2.59 GEL (1 GEL = 0.387 USD). 1 EUR = 2.89 GEL (1 GEL = 0.346 EUR).

Icelandic Króna exchange rates as of November 1, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.38 EUR).

USD to GEL in detail →

On the map

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Between locations

Tbilisi Selfoss 4,780 km ≈ 6 h nonstop flight

From you

Tbilisi
Selfoss

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Tbilisi vs Selfoss: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,269 in Tbilisi and $3,416 in Selfoss, so Tbilisi is about 63% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $1,904 in Tbilisi and $5,124 in Selfoss to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 124% higher in Selfoss. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $1,269 per month in Tbilisi versus $3,416 in Selfoss – Tbilisi is about 63% cheaper, which adds up to real savings over time.

At $1,269 in Tbilisi versus $3,416 in Selfoss, a $2,000 budget is realistic in Tbilisi but tight or insufficient in Selfoss. The gap between the two cities makes Tbilisi the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Tbilisi and Selfoss are both considered safe, so it’s unlikely to be the deciding factor between them.