Cost Analysis

Cost of Living in Selfoss (2026)

Detailed breakdown of living costs in Selfoss, Iceland. Average monthly expenses for rent, groceries, transportation, and healthcare.

Single Person

$1,900

per month

Family (4 people)

$3,185

per month

Average Rent

$1,100

1 bedroom

Cost of Living Overview

Selfoss offers a moderately priced lifestyle compared to other major cities. A single person can expect to spend around $1,900 per month for a comfortable standard of living, while a family of four should budget approximately $3,185.

Housing is reasonably priced, with one-bedroom apartments averaging $1,100 per month. Internet speeds of 170 Mbps make it excellent for remote work.

Housing

1 Bedroom Apartment (City Center)$1,100
3 Bedroom Apartment (Family)$1,700
Real Estate Price per m²$4,700

Daily Expenses

Groceries (Monthly)$480
Internet (Monthly)$70

Transportation

Public Transport (Monthly)$90
Car Ownership (Monthly)$560

Healthcare

Health Insurance (Monthly)$160

Total Estimated Monthly Cost

Single Person

$1,900

Family of 4

$3,185

Personalized Cost Calculator

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Cost Summary

Rent (1BR)$1,100
Groceries$480
Transport$90
Healthcare$160
Internet$70
Total$1,900

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