Cost of living comparison

compared to

New Caledonia vs. Iceland Cost of Living Summary

New Caledonia is 14.6% more expensive than Iceland overall.

Restaurants: pay 32.9% less in New Caledonia
Groceries: pay 41.3% more in New Caledonia
Transportation: pay 26.2% less in New Caledonia
Housing: pay 5.3% less in New Caledonia
Childcare: pay 2.4 times more in New Caledonia
Entertainment and Sports: pay 1.2% less in New Caledonia
Clothing: pay 11.3% less in New Caledonia

The cost of childcare and groceries in New Caledonia are more expensive than in Iceland. Expenses including restaurants, transportation, clothing, housing, and entertainment and sports are lower in New Caledonia. Notably, childcare is significantly more expensive in New Caledonia.

New Caledonia vs. Iceland Cost Breakdown

If you lived in New Caledonia instead of Iceland, you would:

Display currency: USD

pay 32.9% less for restaurants

	Iceland	New Caledonia
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,394	$19.58 CFPF2,014	-26.2%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,728	$14.68 CFPF1,511	-31.1%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK398	$2.57 CFPF264	-17.4%
Bottle of water (11 fl. oz)	$2.72 ISK348	$1.17 CFPF121	-56.8%
Average			-32.9%

Iceland vs. New Caledonia - Cost of restaurants

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pay 41.3% more for groceries

	Iceland	New Caledonia
Bread 1 loaf	$3.80 ISK487	$2.90 CFPF298	-23.8%
Local cheese (8 oz)	$9.44 ISK1,208	$15.50 CFPF1,595	+64.2%
Milk (1 gallon)	$7.78 ISK996	$4.63 CFPF477	-40.5%
Eggs 1 dozen	$6.71 ISK859	$6.47 CFPF666	-3.6%
Boneless chicken breast (1 lb)	$11.22 ISK1,436	$11.32 CFPF1,165	+0.9%
Apples (1 lb)	$1.50 ISK191	$1.92 CFPF198	+28.6%
Bananas (1 lb)	$1.15 ISK147	$3.39 CFPF348	+195.2%
Oranges (1 lb)	$1.41 ISK181	$3.00 CFPF308	+111.9%
Tomatoes (1 lb)	$2.34 ISK300	$3.77 CFPF388	+61.3%
Potatoes (1 lb)	$1.65 ISK211	$1.83 CFPF188	+11.0%
Onions (1 lb)	$1.09 ISK140	$1.63 CFPF168	+48.9%
Average			+41.3%

Iceland vs. New Caledonia - Cost of groceries

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pay 26.2% less for transportation

	Iceland	New Caledonia
Gasoline (1 gallon)	$9.65 ISK1,235	$6.29 CFPF648	-34.8%
Monthly public transit pass	$79.56 ISK10,182	$87.11 CFPF8,964	+9.5%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6,289,481	$31,076.13 CFPF3,197,825	-36.8%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,270	$14.59 CFPF1,502	-42.9%
Average			-26.2%

Iceland vs. New Caledonia - Cost of transportation

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pay 5.3% less for housing

	Iceland	New Caledonia
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK12,241	$51.39 CFPF5,288	-46.3%
1-Bedroom apartment in downtown area	$2,289.17 ISK292,968	$856.43 CFPF88,129	-62.6%
1-Bedroom apartment outside city center	$1,830.04 ISK234,209	$783.02 CFPF80,575	-57.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK8,338	$159.67 CFPF16,431	+145.1%
Average			-5.3%

Iceland vs. New Caledonia - Cost of housing

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pay 2.4 times more for childcare

	Iceland	New Caledonia
Private preschool for 1 child, monthly	$334.67 ISK42,830	$796.07 CFPF81,918	+137.9%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	??
Average			+137.9%

Iceland vs. New Caledonia - Cost of childcare

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pay 1.2% less for entertainment and sports

	Iceland	New Caledonia
Domestic/local beer (1 pint)	$11.14 ISK1,426	$10.52 CFPF1,083	-5.6%
Cappuccino in mid-range area	$5.62 ISK720	$4.91 CFPF506	-12.6%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,778	$20.36 CFPF2,095	+46.5%
Monthly membership at local gym	$78.17 ISK10,004	$61.17 CFPF6,295	-21.7%
Movie ticket to theater/cinema	$16.75 ISK2,144	$14.68 CFPF1,511	-12.4%
Average			-1.2%

Iceland vs. New Caledonia - Cost of entertainment and sports

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pay 11.3% less for clothing

	Iceland	New Caledonia
Regular jeans Levi's brand	$130.91 ISK16,753	$115.01 CFPF11,834	-12.1%
Regular dress from H&M or similar store	$61.83 ISK7,913	$61.99 CFPF6,379	+0.3%
Running shoes Nike or Adidas	$163.81 ISK20,965	$103.99 CFPF10,701	-36.5%
Men's business shoes (leather)	$237.31 ISK30,371	$244.69 CFPF25,180	+3.1%
Average			-11.3%

Iceland vs. New Caledonia - Cost of clothing

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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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