Travel budget and cost of living in Selfoss (Iceland) how much does a trip cost?

Selfoss travel budget

Selfoss: calculate your travel budget

Sample budgets for a trip to Selfoss

These example budgets assume a 2-week holiday in Selfoss for 2 people.

* estimated local budget for 2 people for 2 weeks (excluding plane tickets).

Cost of living in Selfoss compared to United States in 2025

On average, the cost of living in Selfoss in 2025 is 42% higher than the average cost of living in the United States (USA).

See the graphic below for the price variation percentage by type of expense in Selfoss in 2025 compared to average prices in the United States (USA):

Local prices in Selfoss by expense type

Restaurant budget in Selfoss

Lunch

$ 25/person
($ 25 to $ 25)

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8% more than in the United States (USA) Average price in the United States (USA): $ 22

3 course dinner

$ 72/person
($ 72 to $ 72)

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73% more than in the United States (USA) Average price in the United States (USA): $ 41

McDonald's meal

$ 17/person
($ 14 to $ 20)

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37% more than in the United States (USA) Average price in the United States (USA): $ 12

Local beer

$ 12 for 500ml
( $ 12)

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80% more than in the United States (USA) Average price in the United States (USA): $ 6.5

Imported beer

$ 1.1 for 330ml
( $ 1.1)

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71% less than in the United States (USA) Average price in the United States (USA): $ 3.9

Cappuccino

$ 3.9/cup
($ 3.9 to $ 3.9)

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31% less than in the United States (USA) Average price in the United States (USA): $ 5.6

Fizzy drink

$ 3.2/can
($ 3.2 to $ 3.2)

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14% more than in the United States (USA) Average price in the United States (USA): $ 2.8

Water bottle

$ 2.5/bottle
($ 2.5 to $ 2.5)

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10% more than in the United States (USA) Average price in the United States (USA): $ 2.2

Hotel and accommodation budget in Selfoss

1-star hotel

$ 251/night
($ 98 to $ 784)

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43% more than in the United States (USA) Average price in the United States (USA): $ 176

2-star hotel

$ 206/night
($ 102 to $ 527)

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24% more than in the United States (USA) Average price in the United States (USA): $ 168

3-star hotel

$ 279/night
($ 113 to $ 860)

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13% more than in the United States (USA) Average price in the United States (USA): $ 247

4-star hotel

$ 364/night
($ 175 to $ 1165)

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5% more than in the United States (USA) Average price in the United States (USA): $ 348

5-star hotel

$ 488/night
($ 396 to $ 756)

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14% less than in the United States (USA) Average price in the United States (USA): $ 567

Hostel/Youth Hostel

$ 213/month
($ 120 to $ 508)

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20% more than in the United States (USA) Average price in the United States (USA): $ 178

Room with kitchen

$ 325/month
($ 105 to $ 1136)

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24% more than in the United States (USA) Average price in the United States (USA): $ 265

Hotel with swimming pool

$ 261/month
($ 130 to $ 538)

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17% more than in the United States (USA) Average price in the United States (USA): $ 225

Cottage or guest house

$ 235/month
($ 128 to $ 553)

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7% less than in the United States (USA) Average price in the United States (USA): $ 255

Family room

$ 410/month
($ 152 to $ 1320)

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88% more than in the United States (USA) Average price in the United States (USA): $ 219

Supermarket food budget in Selfoss

Milk

$ 2/litre
($ 1.6 to $ 2.2)

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72% more than in the United States (USA) Average price in the United States (USA): $ 1.1

Bread

$ 7.1/500g
( $ 7.1)

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82% more than in the United States (USA) Average price in the United States (USA): $ 3.9

Rice

$ 4.3/kg
( $ 4.3)

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13% less than in the United States (USA) Average price in the United States (USA): $ 5

Eggs

$ 6.2/12 eggs
( $ 6.2)

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53% more than in the United States (USA) Average price in the United States (USA): $ 4

Chicken

$ 22/kg
( $ 22)

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56% more than in the United States (USA) Average price in the United States (USA): $ 14

Apples

$ 2.7/kg
( $ 2.7)

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53% less than in the United States (USA) Average price in the United States (USA): $ 5.7

Tomatoes

$ 6.9/kg
( $ 6.9)

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29% more than in the United States (USA) Average price in the United States (USA): $ 5.3

Potatoes

$ 3/kg
( $ 3)

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5% less than in the United States (USA) Average price in the United States (USA): $ 3.2

Water bottle

$ 1.3
( $ 1.3)

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44% less than in the United States (USA) Average price in the United States (USA): $ 2.4

Public and private transport budget in Selfoss

Bus ticket

$ 3.9/ticket
( $ 3.9)

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42% more than in the United States (USA) Average price in the United States (USA): $ 2.7

Taxi (per km)

$ 2.6/km
($ 2.6 to $ 2.6)

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35% more than in the United States (USA) Average price in the United States (USA): $ 1.9

Petrol

$ 2.3/litre
( $ 2.3)

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130% more than in the United States (USA) Average price in the United States (USA): $ 1

Taxi (initial pick-up charge)

$ 6.2
($ 6.2 to $ 6.2)

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54% more than in the United States (USA) Average price in the United States (USA): $ 4

Leisure activity budget in Selfoss

Cinema

$ 15/ticket
($ 9.4 to $ 20)

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5% less than in the United States (USA) Average price in the United States (USA): $ 16

Tennis

$ 38/hr
( $ 38)

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62% more than in the United States (USA) Average price in the United States (USA): $ 23

Budget for clothes and price of cigarettes in Selfoss

Cigarettes

$ 12/pack
( $ 12)

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4% more than in the United States (USA) Average price in the United States (USA): $ 11

Levi's jeans

$ 223
($ 119 to $ 354)

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287% more than in the United States (USA) Average price in the United States (USA): $ 58

Summer dress

$ 55
($ 55 to $ 55)

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18% more than in the United States (USA) Average price in the United States (USA): $ 47

Plane ticket budget

London → Reykjavík

$ 198
(fair price: $ 157)

Manchester → Reykjavík

$ 272
(fair price: $ 217)

New York City → Reykjavík

$ 445
(fair price: $ 373)

Montreal → Reykjavík

$ 823
(fair price: $ 767)

Toronto → Reykjavík

$ 536
(fair price: $ 431)

Dublin → Reykjavík

$ 266
(fair price: $ 218)