Selfoss vs Bolungarvik: Which City Wins for Expats in 2026?

The two cities are closely matched — lifestyle preference and visa options are likely the deciding factors. Use our tool below to personalize the estimate based on your income and lifestyle.

Household
Lifestyle
Schooling

Selfoss is approximately 54% less expensive than Bolungarvik based on cost of living including rent. This makes Selfoss a more budget-friendly option for expats considering a move.

Selfoss has a FIRE Score of 64/100, indicating its suitability for financial independence and early retirement. The city's safety index is 90, which is relatively safe.

Recommended profile: Selfoss is well-suited for retirees seeking a balanced lifestyle.

About Selfoss

Selfoss is a 10 thousand person town where the rent math refuses to behave: a 1-bedroom outside the center runs $2,802/mo while the same unit downtown costs $1,400/mo, and a 3-bedroom flips the other way at $1,950/mo outside versus $2,500/mo in the center. A single adult can live on $2,650/mo at the budget tier, and the 84/100 cost of living index against NYC makes that plausible. With a 90/100 safety index, a 10/100 crime index, excellent healthcare, and 200 Mbps internet, the practical case is strong. The catch is scale and language: English is common mainly in tourist areas, so daily life beyond that runs on Icelandic in a town of 10 thousand.

About Iceland

Iceland works for high earners with remote income and no need for a large expat scene, not budget retirees. Rent alone runs $2,333/mo in the city center, before the ~46% top income tax bracket takes its cut. No retirement visa exists, but the digital nomad visa requires ISK 1,000,000/mo, roughly $7,200 (depending on exchange rate), and leads nowhere toward permanent residency.

MONTHLY DEFICIT

$-400/mo

Nomad Viability
Moderate Suitability

Cost of Living (Without Rent)

Single Person$1,305/mo
Family of Four$4,715/mo

Rent Per Month

1 Bedroom (City Centre)
$1,400
1 Bedroom (Outside Centre)
$2,802
3 Bedroom (City Centre)
$2,500
3 Bedroom (Outside Centre)
$1,950

Attractiveness

FIRE Score
58/100
Retiree Score
68/100
Nomad Score
22/100



City Details
Overall Winner
Retiree75

About Bolungarvik

Bolungarvik is a tiny, safe, English-friendly Icelandic town where a single adult can live on a budget tier of $1,290/mo, though city center rent of $2,160/mo will blow past that in a hurry. The trade-off is real: 995 people, a polar climate, and a 12 km hop to IFJ, but a 98/100 safety index and 123 Mbps internet make it a serious contender for remote workers on the Iceland Long-Term Visa. If you want nightlife and restaurant variety, look elsewhere; if you want quiet, clean air, and a gym for $90/mo, this is your spot.

About Iceland

Iceland works for high earners with remote income and no need for a large expat scene, not budget retirees. Rent alone runs $2,333/mo in the city center, before the ~46% top income tax bracket takes its cut. No retirement visa exists, but the digital nomad visa requires ISK 1,000,000/mo, roughly $7,200 (depending on exchange rate), and leads nowhere toward permanent residency.

MONTHLY SAVINGS

$830/mo

Nomad Viability
Moderate Suitability

Cost of Living (Without Rent)

Single Person$1,550/mo
Family of Four$5,600/mo

Rent Per Month

1 Bedroom (City Centre)
$2,160
1 Bedroom (Outside Centre)
$1,357
3 Bedroom (City Centre)
N/A
3 Bedroom (Outside Centre)
N/A

Attractiveness

FIRE Score
42/100
Retiree Score
75/100
Nomad Score
22/100



City Details

Battle of Lifestyles

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MetricSelfossBolungarvik
1BR Apartment (Center)$1400$2159.93
1BR Apartment (Outside)$2802.35$1357.25
3BR Apartment (Center)$2500N/A
3BR Apartment (Outside)$1950N/A
Safety Index9098
Internet Speed200Mbps123Mbps
Walkability ScoreN/AN/A

Monthly cost by categoryOne person, computed from each city's own average prices

CategorySelfossBolungarvik
Total (rent included)N/A$2,244/mo
Excluding rentN/A$887/mo
RentN/A$1,357/mo
GroceriesN/A$367/mo
Dining outN/A$253/mo
Entertainment & lifestyleN/A$125/mo
Utilities & connectivityN/A$77.00/mo
TransportN/A$65.00/mo

Usage-based estimates from this city's own average prices. A row marked N/A means that city is missing data, so no figure is shown instead of a stale one.

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Selfoss vs Bolungarvik -- Frequently Asked Questions

Click any question to expand the answer.

The Rewire Abroad city comparison tool lets you compare any two cities side by side across metrics that matter most for expats: cost of living, rent, safety, internet speed, and unique attractiveness scores like FIRE and Nomad scores.

The FIRE Score is a financial runway index based on your specific income relative to the local cost of living and rent in that city.

The Retiree Score is a holistic measure of healthcare quality, safety, and general pace of life.

The Nomad Score measures suitability for remote workers, prioritizing average internet speeds, coworking density, and the size of the local expat community.

The monthly cost includes rent and living expenses adjusted using country-level cost of living averages and lifestyle multipliers.

The Savings Rate is the percentage of your income left over after covering all estimated monthly costs in that city.

The tool compares exactly two cities at a time for a clean head-to-head breakdown.

Rewire Abroad has data on hundreds of cities worldwide. If a city appears in the search dropdown, full data is available.

We aggregate data from private and official international sources, adjusted by country-level data for accuracy.