Cost of living comparison

compared to

Reykjavik vs. Port Macquarie Cost of Living Summary

Reykjavik is 89.1% more expensive than Port Macquarie.

Restaurants: pay 83.6% more in Reykjavik
Groceries: pay 79.5% more in Reykjavik
Transportation: pay 2.1 times more in Reykjavik
Housing: pay 74.7% more in Reykjavik
Childcare: pay 77.6% more in Reykjavik
Entertainment and Sports: pay 61.6% more in Reykjavik
Clothing: pay 2.4 times more in Reykjavik

The cost of clothing, transportation, restaurants, groceries, childcare, and housing in Reykjavik are more expensive than in Port Macquarie. Notably, clothing, transportation, and restaurants are significantly more expensive in Reykjavik.

Reykjavik vs. Port Macquarie Cost Breakdown

If you lived in Reykjavik instead of Port Macquarie, you would:

Display currency: USD

pay 83.6% more for restaurants

	Port Macquarie	Reykjavik
Basic meal with drink at inexpensive restaurant	$16.35 A$24.62	$27.48 ISK3,517	+68.0%
Fast food combo meal McDonalds, or similar	$9.81 A$14.77	$22.76 ISK2,913	+132.0%
Bottle of Coca-Cola (11 fl. oz)	$2.21 A$3.32	$3.34 ISK427	+51.1%
Bottle of water (11 fl. oz)	$1.47 A$2.22	$2.70 ISK345	+83.2%
Average			+83.6%

Port Macquarie vs. Reykjavik - Cost of restaurants

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pay 79.5% more for groceries

	Port Macquarie	Reykjavik
Bread 1 loaf	$2.40 A$3.61	$4.63 ISK593	+93.2%
Local cheese (8 oz)	$2.45 A$3.69	$9.44 ISK1,208	+284.7%
Milk (1 gallon)	$4.88 A$7.35	$7.63 ISK976	+56.3%
Eggs 1 dozen	$3.95 A$5.95	$6.50 ISK832	+64.5%
Boneless chicken breast (1 lb)	$3.69 A$5.55	$11.29 ISK1,445	+206.2%
Apples (1 lb)	$1.34 A$2.01	$1.59 ISK204	+19.1%
Bananas (1 lb)	$1.25 A$1.88	$1.17 ISK150	-6.2%
Oranges (1 lb)	$1.04 A$1.56	$1.49 ISK190	+43.3%
Tomatoes (1 lb)	$1.85 A$2.78	$2.54 ISK325	+37.1%
Potatoes (1 lb)	$1.04 A$1.56	$1.70 ISK217	+63.4%
Onions (1 lb)	$1.00 A$1.51	$1.13 ISK145	+12.6%
Average			+79.5%

Port Macquarie vs. Reykjavik - Cost of groceries

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pay 2.1 times more for transportation

	Port Macquarie	Reykjavik
Gasoline (1 gallon)	$4.29 A$6.46	$9.66 ISK1,236	+125.1%
Monthly public transit pass	??	$88.58 ISK11,337
New Volkswagen Golf 1.4 (standard edition)	$24,531.51 A$36,933.94	$50,771.00 ISK6,497,672	+107.0%
Taxi trip in downtown area (5 miles)	$14.27 A$21.49	$28.07 ISK3,592	+96.6%
Average			+109.6%

Port Macquarie vs. Reykjavik - Cost of transportation

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pay 74.7% more for housing

	Port Macquarie	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$54.95 A$82.73	$81.97 ISK10,490	+49.2%
1-Bedroom apartment in downtown area	$994.34 A$1,497.06	$2,259.48 ISK289,169	+127.2%
1-Bedroom apartment outside city center	$889.68 A$1,339.47	$2,034.90 ISK260,427	+128.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.03 A$97.91	$60.87 ISK7,791	-6.4%
Average			+74.7%

Port Macquarie vs. Reykjavik - Cost of housing

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pay 77.6% more for childcare

	Port Macquarie	Reykjavik
Private preschool for 1 child, monthly	$915.84 A$1,378.87	$327.78 ISK41,949	-64.2%
Middle school for 1 child, two semesters	$9,616.35 A$14,478.10	$30,711.08 ISK3,930,404	+219.4%
Average			+77.6%

Port Macquarie vs. Reykjavik - Cost of childcare

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pay 61.6% more for entertainment and sports

	Port Macquarie	Reykjavik
Domestic/local beer (1 pint)	$5.89 A$8.86	$13.12 ISK1,680	+122.9%
Cappuccino in mid-range area	$3.35 A$5.05	$6.17 ISK790	+84.1%
Pack of cigarettes Marlboro or similar	$26.17 A$39.40	$13.94 ISK1,783	-46.7%
Monthly membership at local gym	$49.06 A$73.87	$87.35 ISK11,179	+78.0%
Movie ticket to theater/cinema	$10.14 A$15.27	$17.18 ISK2,199	+69.5%
Average			+61.6%

Port Macquarie vs. Reykjavik - Cost of entertainment and sports

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pay 2.4 times more for clothing

	Port Macquarie	Reykjavik
Regular jeans Levi's brand	$78.50 A$118.19	$145.10 ISK18,569	+84.8%
Regular dress from H&M or similar store	$19.63 A$29.55	$63.97 ISK8,187	+225.9%
Running shoes Nike or Adidas	$91.58 A$137.89	$193.43 ISK24,755	+111.2%
Men's business shoes (leather)	$109.57 A$164.97	$248.79 ISK31,840	+127.1%
Average			+137.2%

Port Macquarie vs. Reykjavik - Cost of clothing

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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: December 2025

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