Cost of Living Comparison

  1. Cost of Living
  2. Iceland
  3. New Zealand
  4. Comparison
ISK
COMPARED TO
NZD

New Zealand is 3.2% more expensive than Iceland.

If you lived in New Zealand instead of Iceland, you would:
local_dining

pay 21.2% less for restaurants

  Iceland help_outline New Zealand help_outline  
Basic meal with drink at inexpensive restaurant $14.34
kr1,505
$11.07
NZ$15.12
-22.8%
Fast food combo meal
McDonalds, or similar
 $11.42
kr1,199
$7.00
NZ$9.56
-38.7%
Bottle of Coca-Cola (11 fl. oz) $2.04
kr214
$1.91
NZ$2.60
-6.4%
Bottle of water (11 fl. oz) $1.89
kr199
$1.58
NZ$2.15
-16.7%
Average -21.2%
Iceland vs. New Zealand - Cost of restaurants
Improve prices · Change currency (USD)
local_grocery_store

pay 13.9% less for groceries

  Iceland help_outline New Zealand help_outline  
Bread
1 loaf
 $2.42
kr254
$1.32
NZ$1.80
-45.6%
Local cheese (8 oz) $5.86
kr615
$3.10
NZ$4.24
-47.0%
Milk (1 gallon) $4.44
kr466
$5.79
NZ$7.91
+30.6%
Eggs
1 dozen
 $4.41
kr462
$3.02
NZ$4.12
-31.5%
Boneless chicken breast (1 lb) $6.36
kr668
$3.56
NZ$4.86
-44.1%
Apples (1 lb) $0.99
kr104
$1.03
NZ$1.40
+3.6%
Bananas (1 lb) $0.79
kr83
$0.79
NZ$1.08
+0.2%
Oranges (1 lb) $0.90
kr95
$1.07
NZ$1.45
+17.8%
Tomatoes (1 lb) $1.82
kr191
$1.34
NZ$1.83
-26.2%
Potatoes (1 lb) $0.94
kr98
$0.87
NZ$1.18
-7.5%
Onions (1 lb) $0.77
kr81
$0.75
NZ$1.02
-2.9%
Average -13.9%
Iceland vs. New Zealand - Cost of groceries
Improve prices · Change currency (USD)
drive_eta

pay 12.9% less for transportation

  Iceland help_outline New Zealand help_outline  
Gasoline (1 gallon) $5.73
kr601
$4.87
NZ$6.65
-14.9%
Monthly public transit pass $86.76
kr9,106
$87.20
NZ$119.04
+0.5%
New Volkswagen Golf 1.4 (standard edition) $24,134.09
kr2,532,873
$19,083.71
NZ$26,051.25
-20.9%
Taxi trip in downtown area (5 miles) $20.31
kr2,132
$17.00
NZ$23.20
-16.3%
Average -12.9%
Iceland vs. New Zealand - Cost of transportation
Improve prices · Change currency (USD)
home

pay 10.2% less for housing

  Iceland help_outline New Zealand help_outline  
Internet connection
50 mbps or faster, cable/dsl
 $54.47
kr5,717
$50.14
NZ$68.45
-7.9%
1-Bedroom apartment in downtown area $1,185.29
kr124,396
$766.68
NZ$1,046.60
-35.3%
1-Bedroom apartment outside city center $993.19
kr104,236
$607.06
NZ$828.69
-38.9%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $57.62
kr6,047
$81.49
NZ$111.24
+41.4%
Average -10.2%
Iceland vs. New Zealand - Cost of housing
Improve prices · Change currency (USD)
child_care

pay 2.2 times more for childcare

  Iceland help_outline New Zealand help_outline  
Private preschool for 1 child, monthly $223.70
kr23,477
$596.39
NZ$814.13
+166.6%
Middle school for 1 child, two semesters $4,200.86
kr440,880
$7,586.99
NZ$10,357.04
+80.6%
Average +123.6%
Iceland vs. New Zealand - Cost of childcare
Improve prices · Change currency (USD)
gamepad

pay 6.2% less for entertainment and sports

  Iceland help_outline New Zealand help_outline  
Domestic/local beer (1 pint) $7.65
kr803
$5.16
NZ$7.04
-32.6%
Cappuccino in mid-range area $3.83
kr402
$2.71
NZ$3.69
-29.4%
Pack of cigarettes
Marlboro or similar
 $9.68
kr1,016
$17.41
NZ$23.76
+79.7%
Monthly membership at local gym $49.80
kr5,227
$33.77
NZ$46.10
-32.2%
Movie ticket to theater/cinema $11.02
kr1,157
$9.19
NZ$12.54
-16.7%
Average -6.2%
Iceland vs. New Zealand - Cost of entertainment and sports
Improve prices · Change currency (USD)
store

pay 36.7% less for clothing

  Iceland help_outline New Zealand help_outline  
Regular jeans
Levi's brand
 $99.26
kr10,417
$63.03
NZ$86.04
-36.5%
Regular dress
from H&M or similar store
 $52.22
kr5,481
$34.17
NZ$46.65
-34.6%
Running shoes
Nike or Adidas
 $127.71
kr13,403
$83.82
NZ$114.42
-34.4%
Men's business shoes (leather) $157.42
kr16,521
$92.45
NZ$126.20
-41.3%
Average -36.7%
Iceland vs. New Zealand - Cost of clothing
Improve prices · Change currency (USD)
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: July 2020
More cost of living comparisons
Iceland vs. Singapore
Iceland vs. Vietnam
Iceland vs. Austria
New Zealand vs. Philippines
New Zealand vs. French Polynesia
New Zealand vs. Australia
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more
Contribute prices for New Zealand
Narrow your comparison by city:
Select a city in Iceland:
Select a city in New Zealand:
For example, try comparing the cost of living in Reykjavik vs. Wellington
question_answer HAVE A QUESTION? ASK THE COMMUNITY
Join the Elsewhere community and ask a question about New Zealand. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.