Cost of living comparison
New Zealand is 17.4% more expensive than Iceland.
If you lived in New Zealand instead of Iceland, you would:
pay 15.3% less for restaurants
Iceland
|
New Zealand
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,519
|
$16.87
NZ$28.66
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,015
|
$8.84
NZ$15.01
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr327
|
$2.18
NZ$3.71
|
|
Bottle of water (11 fl. oz) |
$2.12
kr300
|
$1.87
NZ$3.18
|
|
pay 6.7% less for groceries
Iceland
|
New Zealand
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr484
|
$1.80
NZ$3.05
|
|
Local cheese (8 oz) |
$5.98
kr845
|
$4.27
NZ$7.25
|
|
Milk (1 gallon) |
$5.33
kr752
|
$6.85
NZ$11.64
|
|
Eggs
1 dozen
|
$5.66
kr799
|
$4.50
NZ$7.64
|
|
Boneless chicken breast (1 lb) |
$7.09
kr1,002
|
$3.75
NZ$6.37
|
|
Apples (1 lb) |
$1.16
kr164
|
$1.11
NZ$1.89
|
|
Bananas (1 lb) |
$0.98
kr139
|
$0.92
NZ$1.56
|
|
Oranges (1 lb) |
$1.17
kr166
|
$1.31
NZ$2.23
|
|
Tomatoes (1 lb) |
$1.84
kr259
|
$1.50
NZ$2.55
|
|
Potatoes (1 lb) |
$0.96
kr135
|
$0.95
NZ$1.62
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.81
NZ$1.38
|
|
pay 18.1% less for transportation
Iceland
|
New Zealand
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,135
|
$6.65
NZ$11.30
|
|
Monthly public transit pass |
$77.40
kr10,932
|
$70.72
NZ$120.10
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,214,452
|
$24,712.32
NZ$41,970.66
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,385
|
$16.94
NZ$28.77
|
|
pay 13.0% less for housing
Iceland
|
New Zealand
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,814
|
$52.92
NZ$89.88
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,996
|
$860.75
NZ$1,461.87
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr171,707
|
$721.70
NZ$1,225.71
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,694
|
$98.85
NZ$167.88
|
|
pay 3.0 times more for childcare
Iceland
|
New Zealand
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,632
|
$628.34
NZ$1,067.15
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr388,451
|
$10,002.94
NZ$16,988.68
|
|
pay 4.5% more for entertainment and sports
Iceland
|
New Zealand
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,204
|
$5.88
NZ$9.99
|
|
Cappuccino in mid-range area |
$4.15
kr587
|
$3.20
NZ$5.44
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,502
|
$23.28
NZ$39.53
|
|
Monthly membership at local gym |
$56.90
kr8,037
|
$40.48
NZ$68.74
|
|
Movie ticket to theater/cinema |
$12.27
kr1,734
|
$10.59
NZ$17.99
|
|
pay 32.7% less for clothing
Iceland
|
New Zealand
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,678
|
$65.76
NZ$111.68
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,117
|
$42.74
NZ$72.59
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,345
|
$98.05
NZ$166.53
|
|
Men's business shoes (leather) |
$175.20
kr24,747
|
$111.69
NZ$189.70
|
|
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