Is the cost of living in Egilsstadir high?

"The cost of living in Egilsstadir is relatively high compared to other parts of the world. This is largely due to the fact that most goods have to be imported, which increases their price. Housing is one of the biggest expenses, with rent for a one-bedroom apartment in the city center being quite costly. Utilities, including electricity, heating, cooling, water, and garbage, are also a significant expense. Groceries in Egilsstadir are expensive as well, with basic items such as bread, milk, and eggs costing more than in many other countries. Eating out is also pricey, with a meal at an inexpensive restaurant costing more than one might expect. Transportation costs can also add up, with gasoline prices being high. However, public transportation is available and is a more affordable option. Despite these high costs, salaries in Egilsstadir, and Iceland in general, are also higher than the global average, which helps to offset the high cost of living. Additionally, the quality of life in Egilsstadir is very high, with excellent healthcare, education, and social services," remarked another expat who made the move to Egilsstadir, Iceland.