Cost of living comparison
Iceland is 15.1% more expensive than New Zealand.
If you lived in Iceland instead of New Zealand, you would:
pay 13.8% more for restaurants
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.62
NZ$25.23
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.10
NZ$13.09
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.17
NZ$3.50
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$1.89
NZ$3.06
|
$2.00
kr274
|
|
pay 25.1% more for groceries
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.84
NZ$2.97
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$4.08
NZ$6.58
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$6.59
NZ$10.65
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$4.04
NZ$6.53
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$3.66
NZ$5.91
|
$7.10
kr971
|
|
| Apples (1 lb) |
$1.12
NZ$1.81
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$0.92
NZ$1.48
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$1.22
NZ$1.97
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$1.15
NZ$1.85
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$0.97
NZ$1.57
|
$1.01
kr139
|
|
| Onions (1 lb) |
$0.81
NZ$1.31
|
$0.66
kr91
|
|
pay 11.8% more for transportation
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.81
NZ$10.99
|
$7.21
kr986
|
|
| Monthly public transit pass |
$78.94
NZ$127.50
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,484.77
NZ$39,544.06
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$17.82
NZ$28.79
|
$21.37
kr2,922
|
|
pay 32.5% more for housing
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.58
NZ$84.91
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$861.83
NZ$1,391.89
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$675.31
NZ$1,090.65
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$92.20
NZ$148.90
|
$70.86
kr9,690
|
|
pay 63.6% less for childcare
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$618.82
NZ$999.42
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$10,037.57
NZ$16,211.14
|
$2,822.44
kr385,968
|
|
pay 19.9% more for entertainment and sports
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.37
NZ$8.68
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$3.06
NZ$4.95
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$22.70
NZ$36.66
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$39.95
NZ$64.52
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$10.57
NZ$17.07
|
$11.69
kr1,599
|
|
pay 66.2% more for clothing
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.82
NZ$109.53
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$38.92
NZ$62.87
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$93.00
NZ$150.19
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$105.25
NZ$169.98
|
$191.54
kr26,193
|
|
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