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$21.33
|
$15.00
kr1,574
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.10
NZ$11.06
|
$12.33
kr1,294
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.17
NZ$2.96
|
$2.20
kr231
|
|
| Bottle of water (11 fl. oz) |
$1.89
NZ$2.58
|
$2.00
kr210
|
|
pay 25.1% more for groceries
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.84
NZ$2.51
|
$3.14
kr330
|
|
| Local cheese (8 oz) |
$4.08
NZ$5.57
|
$5.86
kr615
|
|
| Milk (1 gallon) |
$6.59
NZ$9.00
|
$5.16
kr542
|
|
|
Eggs
1 dozen
|
$4.04
NZ$5.52
|
$5.51
kr578
|
|
| Boneless chicken breast (1 lb) |
$3.66
NZ$5.00
|
$7.10
kr745
|
|
| Apples (1 lb) |
$1.12
NZ$1.53
|
$1.19
kr125
|
|
| Bananas (1 lb) |
$0.92
NZ$1.25
|
$1.08
kr114
|
|
| Oranges (1 lb) |
$1.22
NZ$1.66
|
$1.13
kr119
|
|
| Tomatoes (1 lb) |
$1.15
NZ$1.56
|
$1.70
kr179
|
|
| Potatoes (1 lb) |
$0.97
NZ$1.32
|
$1.01
kr106
|
|
| Onions (1 lb) |
$0.81
NZ$1.11
|
$0.66
kr69
|
|
pay 11.8% more for transportation
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.81
NZ$9.29
|
$7.21
kr757
|
|
| Monthly public transit pass |
$78.94
NZ$107.77
|
$85.09
kr8,930
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,484.77
NZ$33,424.26
|
$27,857.83
kr2,923,679
|
|
| Taxi trip in downtown area (5 miles) |
$17.82
NZ$24.33
|
$21.37
kr2,242
|
|
pay 32.5% more for housing
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.58
NZ$71.77
|
$66.89
kr7,020
|
|
| 1-Bedroom apartment in downtown area |
$861.83
NZ$1,176.48
|
$1,349.42
kr141,621
|
|
| 1-Bedroom apartment outside city center |
$675.31
NZ$921.86
|
$1,143.63
kr120,024
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$92.20
NZ$125.86
|
$70.86
kr7,437
|
|
pay 63.6% less for childcare
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$618.82
NZ$844.75
|
$277.52
kr29,126
|
|
| Middle school for 1 child, two semesters |
$10,037.57
NZ$13,702.32
|
$2,822.44
kr296,215
|
|
pay 19.9% more for entertainment and sports
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.37
NZ$7.33
|
$7.85
kr824
|
|
| Cappuccino in mid-range area |
$3.06
NZ$4.18
|
$4.10
kr430
|
|
|
Pack of cigarettes
Marlboro or similar
|
$22.70
NZ$30.99
|
$11.37
kr1,194
|
|
| Monthly membership at local gym |
$39.95
NZ$54.54
|
$63.31
kr6,644
|
|
| Movie ticket to theater/cinema |
$10.57
NZ$14.43
|
$11.69
kr1,227
|
|
pay 66.2% more for clothing
|
New Zealand
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.82
NZ$92.58
|
$117.41
kr12,322
|
|
|
Regular dress
from H&M or similar store
|
$38.92
NZ$53.14
|
$55.13
kr5,786
|
|
|
Running shoes
Nike or Adidas
|
$93.00
NZ$126.95
|
$156.49
kr16,424
|
|
| Men's business shoes (leather) |
$105.25
NZ$143.68
|
$191.54
kr20,102
|
|
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