Cost of living comparison
compared to
Reykjavik vs. Hervey Bay Cost of Living Summary
Reykjavik is 83.0% more expensive than Hervey Bay.
- Restaurants
-
pay 62.4% more in Reykjavik
- Groceries
-
pay 97.7% more in Reykjavik
- Transportation
-
pay 79.1% more in Reykjavik
- Housing
-
pay 58.0% more in Reykjavik
- Childcare
-
pay 50.4% more in Reykjavik
- Entertainment and Sports
-
pay 45.4% more in Reykjavik
- Clothing
-
pay 2.9 times more in Reykjavik
The cost of clothing, groceries, transportation, restaurants, housing, and childcare in Reykjavik are more expensive than in Hervey Bay. Notably, clothing, groceries, and transportation are significantly more expensive in Reykjavik.
Reykjavik vs. Hervey Bay Cost Breakdown
If you lived in Reykjavik instead of Hervey Bay, you would:
pay 62.4% more for restaurants
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.35
A$24.59
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.99
A$15.02
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.66
A$4.00
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$2.10
A$3.16
|
$2.70
ISK341
|
|
Hervey Bay vs. Reykjavik - Cost of restaurants
pay 97.7% more for groceries
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.08
A$1.62
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$4.44
A$6.68
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$5.66
A$8.51
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$3.14
A$4.72
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$2.67
A$4.01
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$1.54
A$2.32
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$1.04
A$1.56
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$1.29
A$1.94
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$2.12
A$3.19
|
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$0.89
A$1.34
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$0.89
A$1.34
|
$1.13
ISK143
|
|
Hervey Bay vs. Reykjavik - Cost of groceries
pay 79.1% more for transportation
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.62
A$6.94
|
$9.66
ISK1,221
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,060.36
A$43,686.64
|
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$18.32
A$27.54
|
$28.07
ISK3,548
|
|
Hervey Bay vs. Reykjavik - Cost of transportation
pay 58.0% more for housing
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$53.35
A$80.20
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$1,046.68
A$1,573.48
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$981.26
A$1,475.14
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.50
A$166.11
|
$60.87
ISK7,694
|
|
Hervey Bay vs. Reykjavik - Cost of housing
pay 50.4% more for childcare
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,789.27
A$2,689.83
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters |
$10,865.50
A$16,334.18
|
$30,711.08
ISK3,881,881
|
|
Hervey Bay vs. Reykjavik - Cost of childcare
pay 45.4% more for entertainment and sports
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.56
A$8.36
|
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$3.60
A$5.41
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$32.71
A$49.17
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym | ?? |
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema |
$13.08
A$19.67
|
$17.18
ISK2,172
|
|
Hervey Bay vs. Reykjavik - Cost of entertainment and sports
pay 2.9 times more for clothing
|
Hervey Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$58.88
A$88.51
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$41.64
A$62.60
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$58.88
A$88.51
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$58.88
A$88.51
|
$248.79
ISK31,447
|
|
Hervey Bay vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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