Iceland is 5.0% more expensive than New Jersey.

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

pay 17.4% more for restaurants

 
New Jersey
Iceland
Basic meal with drink at inexpensive restaurant $19.09
 
$17.84
kr2,474
Fast food combo meal
McDonalds, or similar
$9.43
 
$14.27
kr1,979
Bottle of Coca-Cola (11 fl. oz) $2.21
 
$2.32
kr321

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pay 4.0% less for groceries

 
New Jersey
Iceland
Bread
1 loaf
$3.23
 
$3.42
kr475
Local cheese (8 oz) $6.44
 
$5.98
kr830
Milk (1 gallon) $4.44
 
$5.33
kr739

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pay 36.9% more for transportation

 
New Jersey
Iceland
Gasoline (1 gallon) $3.77
 
$8.03
kr1,114
Monthly public transit pass $118.25
 
$77.40
kr10,733
New Volkswagen Golf 1.4 (standard edition) $22,515.33
 
$29,836.83
kr4,137,772

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pay 26.4% less for housing

 
New Jersey
Iceland
Internet connection
50 mbps or faster, cable/dsl
$67.73
 
$62.40
kr8,654
1-Bedroom apartment in downtown area $1,948.09
 
$1,437.14
kr199,303
1-Bedroom apartment outside city center $1,569.25
 
$1,215.63
kr168,583

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pay 84.0% less for childcare

 
New Jersey
Iceland
Private preschool for 1 child, monthly $1,526.32
 
$259.34
kr35,966
Middle school for 1 child, two semesters $18,377.37
 
$2,750.10
kr381,383

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pay 13.8% more for entertainment and sports

 
New Jersey
Iceland
Domestic/local beer (1 pint) $5.74
 
$8.52
kr1,182
Cappuccino in mid-range area $4.24
 
$4.15
kr576
Pack of cigarettes
Marlboro or similar
$9.91
 
$10.64
kr1,475

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pay 81.4% more for clothing

 
New Jersey
Iceland
Regular jeans
Levi's brand
$44.90
 
$118.08
kr16,375
Regular dress
from H&M or similar store
$38.40
 
$50.39
kr6,988
Running shoes
Nike or Adidas
$76.98
 
$151.12
kr20,957

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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: April 2024
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