Cost of living comparison

New Caledonia

compared to

Iceland

Iceland vs. New Caledonia Cost of Living Summary

Iceland is 41.9% more expensive than New Caledonia overall.

Restaurants: pay 58.1% more in Iceland
Groceries: pay 26.7% less in Iceland
Transportation: pay 44.3% more in Iceland
Housing: pay 2.1 times more in Iceland
Childcare: pay 81.2% more in Iceland
Entertainment and Sports: pay 28.1% more in Iceland
Clothing: pay 16.0% more in Iceland

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

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Iceland vs. New Caledonia Cost Breakdown

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

Display currency: USD

pay 58.1% more for restaurants

	New Caledonia	Iceland
Basic meal with drink at inexpensive restaurant	$20.64 CFPF2,193	$28.88 ISK3,499	+39.9%
Fast food combo meal McDonalds, or similar	$14.08 CFPF1,495	$22.83 ISK2,767	+62.2%
Bottle of Coca-Cola (11 fl. oz)	$1.97 CFPF209	$3.25 ISK393	+64.7%
Bottle of water (11 fl. oz)	$1.25 CFPF133	$3.01 ISK365	+140.6%
Average			+58.1%

New Caledonia vs. Iceland - Cost of restaurants

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pay 26.7% less for groceries

	New Caledonia	Iceland
Bread 1 loaf	$3.47 CFPF369	$3.55 ISK431	+2.4%
Local cheese (8 oz)	$14.86 CFPF1,578	$10.11 ISK1,226	-31.9%
Milk (1 gallon)	$4.55 CFPF483	$7.79 ISK944	+71.4%
Eggs 1 dozen	$6.20 CFPF659	$6.92 ISK839	+11.6%
Boneless chicken breast (1 lb)	$12.77 CFPF1,356	$11.01 ISK1,334	-13.8%
Apples (1 lb)	$2.13 CFPF226	$1.43 ISK173	-33.0%
Bananas (1 lb)	$3.25 CFPF345	$1.23 ISK148	-62.2%
Oranges (1 lb)	$2.77 CFPF294	$1.42 ISK172	-48.8%
Tomatoes (1 lb)	$3.62 CFPF384	$2.60 ISK315	-28.1%
Potatoes (1 lb)	$2.50 CFPF265	$1.71 ISK207	-31.5%
Onions (1 lb)	$1.70 CFPF181	$0.76 ISK92	-55.6%
Average			-26.7%

New Caledonia vs. Iceland - Cost of groceries

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pay 44.3% more for transportation

	New Caledonia	Iceland
Gasoline (1 gallon)	$6.03 CFPF641	$8.09 ISK980	+34.0%
Monthly public transit pass	??	$80.58 ISK9,765
New Volkswagen Golf 1.4 (standard edition)	$32,607.24 CFPF3M	$48,967.53 ISK6M	+50.2%
Taxi trip in downtown area (5 miles)	$15.82 CFPF1,680	$26.24 ISK3,179	+65.8%
Average			+44.3%

New Caledonia vs. Iceland - Cost of transportation

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pay 2.1 times more for housing

	New Caledonia	Iceland
Internet connection 50 mbps or faster, cable/dsl	$48.79 CFPF5,182	$98.24 ISK11,905	+101.3%
1-Bedroom apartment in downtown area	$750.67 CFPF79,728	$2,335.24 ISK283K	+211.1%
1-Bedroom apartment outside city center	$774.13 CFPF82,220	$1,824.40 ISK221K	+135.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$153.08 CFPF16,258	$72.34 ISK8,766	-52.7%
Average			+105.3%

New Caledonia vs. Iceland - Cost of housing

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pay 81.2% more for childcare

	New Caledonia	Iceland
Private preschool for 1 child, monthly	$750.67 CFPF79,728	$833.66 ISK101K	+11.1%
Middle school for 1 child, two semesters	$9,383.38 CFPF997K	$27,752.37 ISK3M	+195.8%
Average			+81.2%

New Caledonia vs. Iceland - Cost of childcare

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pay 28.1% more for entertainment and sports

	New Caledonia	Iceland
Domestic/local beer (1 pint)	$9.38 CFPF997	$11.37 ISK1,378	+21.2%
Cappuccino in mid-range area	$4.57 CFPF486	$5.90 ISK715	+28.9%
Pack of cigarettes Marlboro or similar	$19.52 CFPF2,073	$13.85 ISK1,679	-29.0%
Monthly membership at local gym	$49.26 CFPF5,232	$83.64 ISK10,136	+69.8%
Movie ticket to theater/cinema	$14.08 CFPF1,495	$17.92 ISK2,171	+27.3%
Average			+28.1%

New Caledonia vs. Iceland - Cost of entertainment and sports

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pay 16.0% more for clothing

	New Caledonia	Iceland
Regular jeans Levi's brand	$109.47 CFPF11,627	$134.47 ISK16,295	+22.8%
Regular dress from H&M or similar store	$65.68 CFPF6,976	$63.25 ISK7,664	-3.7%
Running shoes Nike or Adidas	$98.53 CFPF10,464	$159.03 ISK19,271	+61.4%
Men's business shoes (leather)	$250.22 CFPF26,576	$237.19 ISK28,742	-5.2%
Average			+16.0%

New Caledonia vs. Iceland - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: New Caledonia vs. Iceland

Salary Calculator · Free tool

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Quality of Life Comparison · 8 statistics

Make 3.4 times more money in Iceland

Size Comparison · See true size

New Caledonia is about 6 times smaller than Iceland.

Moving from New Caledonia to Iceland · Cost, visas & climate

Compare cost of living, salary and climate.

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