Last update: Oct 2026 Iceland 900

Cost of Living in Hella

For one person, living costs in Hella are estimated at $1,722 a month, including rent and utilities – 55% below the national average. Rent and utilities take less than a third of the total.

Monthly Cost of Living

How much you'll spend in Hella

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

A single person spends around $1,722 per month with rent, or $1,627 for everyday expenses alone.

$1,722 /mo

A couple spends around $2,928 per month with rent, or $2,833 for everyday expenses alone.

$2,928 /mo

A family of three spends around $4,135 per month with rent, or $4,040 without housing.

$4,135 /mo

Overall, Hella is 28–46% above the global median across household types. Within Europe, costs are close to average – just 2% lower.

Currency
Do you live in Hella? Add cost details
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$31.26 ISK 3,791
$18.09 ISK 2,195
$50.3 ISK 6,096
Three-Course Dinner for Two, Mid-Range
$123 ISK 14.9K
$81.8 ISK 9,916
$213 ISK 25.8K
Fast Food Meal (McDonalds, etc)
$27.14 ISK 3,291
$22.62 ISK 2,743
$37.01 ISK 4,488
Cappuccino
$6.93 ISK 841
$4.71 ISK 571
$7.98 ISK 967
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.36 ISK 407
$2.49 ISK 302
$4.97 ISK 603
Water (0.33 liter bottle)
$3.07 ISK 373
$1.95 ISK 236
$4.86 ISK 590
Local Beer (0.5 liter draught)
$13.71 ISK 1,663
$9.68 ISK 1,173
$15.31 ISK 1,858
Imported Beer (0.33 liter bottle)
$12.32 ISK 1,495
$10.27 ISK 1,245
$18.07 ISK 2,191
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.04 ISK 247
$1.85 ISK 224
$2.59 ISK 314
White Bread (500g)
$4.26 ISK 516
$3.12 ISK 379
$7.06 ISK 856
Rice (white) (1kg)
$3.58 ISK 434
$2.34 ISK 284
$5.66 ISK 686
Eggs
$6.99 ISK 848
$5.81 ISK 704
$7.74 ISK 938
Local Cheese (1kg)
$22.00 ISK 2,668
$16.45 ISK 1,995
$31.26 ISK 3,791
Chicken Fillets (1kg)
$24.51 ISK 2,973
$18.17 ISK 2,204
$28.91 ISK 3,506
Beef Round Steak (1kg)
$41.04 ISK 4,978
$25.69 ISK 3,116
$56.2 ISK 6,818
Apples (1kg)
$3.35 ISK 406
$1.32 ISK 160
$5.69 ISK 690
Banana (1kg)
$2.86 ISK 347
$2.10 ISK 254
$4.61 ISK 559
Oranges (1kg)
$3.13 ISK 379
$2.71 ISK 329
$5.17 ISK 627
Tomato (1kg)
$6.62 ISK 803
$4.19 ISK 508
$9.19 ISK 1,115
Potato (1kg)
$3.81 ISK 463
$1.99 ISK 242
$4.47 ISK 542
Onion (1kg)
$1.71 ISK 208
$1.47 ISK 178
$2.52 ISK 306
Lettuce (1 head)
$3.78 ISK 458
$2.18 ISK 264
$4.73 ISK 574
Water (1.5 liter bottle)
$1.77 ISK 215
$1.19 ISK 144
$2.44 ISK 296
Cigarettes 20 Pack (Marlboro, Camel)
$13.79 ISK 1,672
$12.16 ISK 1,475
$14.60 ISK 1,771
Wine (Bottle)
$23.61 ISK 2,863
$15.06 ISK 1,827
$36.63 ISK 4,442
Local Beer (0.5 liter bottle)
$3.71 ISK 449
$3.22 ISK 390
$4.18 ISK 508
Imported Beer (0.33 liter bottle)
$3.50 ISK 425
$2.69 ISK 326
$4.30 ISK 522
🚌 Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$6.61 ISK 802
$6.37 ISK 772
$7.09 ISK 860
Taxi (Normal Tariff) (1km)
$2.76 ISK 335
$2.68 ISK 325
$3.72 ISK 451
Taxi 1hour Waiting (Normal Tariff)
$81.2 ISK 9,844
$74.5 ISK 9,032
$113 ISK 13.7K
Gasoline (1 liter)
$2.09 ISK 253
$1.66 ISK 201
$2.49 ISK 302
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$51.2K ISK 6.2M
$49.7K ISK 6.0M
$56.2K ISK 6.8M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$54.1K ISK 6.6M
$53.7K ISK 6.5M
$55.8K ISK 6.8M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$95.2 ISK 11.5K
$61.3 ISK 7,430
$162 ISK 19.6K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$33.16 ISK 4,022
$26.54 ISK 3,219
$83.0 ISK 10.1K
Internet (50+ Mbps, Unlimited Data)
$87.7 ISK 10.6K
$65.9 ISK 7,988
$108 ISK 13.1K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$19.67 ISK 2,386
$19.30 ISK 2,341
$24.65 ISK 2,989
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,198 ISK 145.2K
$330 ISK 40.1K
$2,251 ISK 273.0K
International Primary School, 1 Child (Yearly)
$25.7K ISK 3.1M
$6,812 ISK 826.2K
$30.4K ISK 3.7M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$147 ISK 17.8K
$72.4 ISK 8,778
$193 ISK 23.4K
Summer Dress (H&M, Zara, etc)
$67.0 ISK 8,130
$33.30 ISK 4,039
$125 ISK 15.1K
Sport Shoes (Adidas, Nike)
$183 ISK 22.2K
$123 ISK 14.9K
$263 ISK 31.9K
Men's Leather Business Shoes
$253 ISK 30.7K
$133 ISK 16.1K
$349 ISK 42.4K
💵 Salaries & Financials
Cost
Range
20-Year Fixed Mortgage Interest Rate (Annual %)
8.81
8
10

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

Last update: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Hella $1,722
Groceries & Markets
$620
Eating Out
$534
Clothing & Footwear
$292
Monthly Utilities & Internet
$216
Sport & Entertainment
$39 *
Getting Around
$20 *

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Groceries cost around $620 per month for one person. A mid-range dinner for two is priced at $123 – above the European average of $73.0.

Cost Highlights

Hella has the 5th most expensive fast food meal worldwide

Local beer is among the 20 most expensive worldwide (out of 7,280 cities)

Hella has the 5th most expensive internet in Europe

Good to know
🕒 Local time
23:24 11:24 PM
🌤 Weather
👥 Population
900
💱 Currency
Exchange rates and currency converter

USD, EUR to ISK – Icelandic Króna Converter

Icelandic Króna exchange rates as of October 18, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

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Hella Median Internet Speeds (Updated April 2026)

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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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Cost of Living in Hella - Frequently Asked Questions
How does affordability in Hella compare for travelers, expats, and digital nomads, and who tends to find good value here?
Cost of Living in Hella sits on the more approachable end of Iceland's pricing spectrum, especially when compared with Reykjavik and larger towns. For travelers and expats, affordability hinges on lodging choices, with options ranging from simple guesthouses to shared apartments. Digital nomads may enjoy reliable internet and the ability to balance work with outdoor breaks. Groceries and dining are steady but not cheap, and fuel or car-sharing influence monthly budgets. The upside is a quiet setting, safety, and quick access to nature and day trips. Tip: Plan with a flexible schedule and use weekends for exploration to stretch value.
What does daily life look like in Hella for housing, food options, transport, and errands?
Hella living cost remains easy to navigate with a straightforward housing scene: compact flats or small houses nearby, often available with short-term leases or month-to-month arrangements, which is handy for travelers or new arrivals. Food options include a mix of supermarkets, local bakeries, and occasional farmers markets, with Icelandic staples and seasonal produce. Transport is typically car-dependent, though seasonal bus links to Selfoss or Hvolsvöllur offer alternatives; biking is pleasant in milder months. Errands are manageable thanks to a central shop cluster and nearby services. Tip: Build flexibility into your week by aligning errands with daylight and weather windows.
What are smart budgeting approaches and neighborhood fits to maximize quality of life in Hella, considering seasonality and local options?
Quality of life in Hella benefits from a tight-knit community and easy access to nature, with neighborhood options that range from a compact village core to rural perimeters. A practical budgeting approach centers on essential costs first – housing, utilities, groceries – then factor in occasional experiences, travel, and winter heating. Seasonality shapes choices: longer winter evenings invite inside work or cozy cafés, while sunny months expand outdoor activities and day trips. For a good fit, look for a neighborhood within a short drive of services yet away from heavy traffic, and consider shared spaces for remote work. Tip: Build margins for seasonal shifts and use local co-working or community spaces to stretch value.
What are typical monthly expenses for a single person in Hella?
All in, Hella runs about $1,722 monthly with rent, or $1,627 without it. These numbers assume a moderate lifestyle – comfortable but not lavish. Choosing a cheaper neighborhood and cooking at home are the easiest ways to spend less.
Is the cost of living in Hella reasonable?
Hella is mid-range – monthly costs with rent reach about $1,722. For most residents, that's a fair trade: urban amenities, services, and job access without major-hub prices.
What income do you need to cover all expenses in Hella?
You'll want at least $2,583 per month after taxes to live comfortably in Hella. That covers a decent apartment, groceries, utilities, transport, and enough left over for dining out occasionally. Families or people wanting a central location should budget higher.
Is food shopping expensive in Hella?
Groceries in Hella run about $620 monthly for one person – a moderate figure that matches the city's overall cost level. Local markets and supermarkets cover most needs, and food costs are manageable without strict budgeting.
What should I budget for groceries in Hella?
Grocery spending in Hella lands around $620 per month for one person – not cheap, not expensive. Local produce and staples are fairly priced, though imported goods and specialty items cost more. Overall, food is a manageable part of the budget.
Does $3,000 cover living expenses in Hella?
$3,000 is below the $1,722 average in Hella, so it's tight but not impossible. You'll need to keep rent low – sharing an apartment, cooking at home, and sticking to public transport are the main levers.
Why do remote workers choose Hella?
Digital nomads flock to Hella for good reason: fast internet, clean air. Monthly costs land around $1,722 depending on your setup – strong value for the connectivity and quality of life you get. Coworking spaces and nomad-friendly cafés round out the appeal.
Is Hella affordable for the average person?
Hella is neither cheap nor expensive – it sits comfortably in the middle. Monthly costs with rent run about $1,722, a figure most working professionals can handle without major financial stress.

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