Is the cost of living in Seltjarnarnes high?

"The cost of living in Seltjarnarnes is considered high compared to other parts of the world. Housing is one of the biggest expenses, with rental prices being quite steep, especially for larger apartments or houses. The cost of utilities such as electricity, heating, and internet is also significant. Groceries and dining out can be expensive as well, with imported goods and restaurant meals costing more than one might expect. Transportation costs, including fuel and public transit, are also high. Healthcare in Iceland is of high quality, but it comes with a cost. While it is subsidized by the government, there are still out-of-pocket expenses. Education, from primary school to university, is generally free of charge, but there may be costs associated with extracurricular activities or private education. Despite the high cost of living, the quality of life in Seltjarnarnes is considered to be very good, with access to beautiful nature, high-quality public services, and a safe and clean environment," mentioned another expat when asked about moving to Seltjarnarnes, Iceland.