Cost of living comparison

compared to

Coffs Harbour vs. Reykjavik Cost of Living Summary

Coffs Harbour is 7.9% more expensive than Reykjavik.

Restaurants: pay 42.5% less in Coffs Harbour
Groceries: pay 30.5% less in Coffs Harbour
Transportation: pay 49.0% less in Coffs Harbour
Housing: pay 3.5% less in Coffs Harbour
Childcare: pay 3.4 times more in Coffs Harbour
Entertainment and Sports: pay 12.4% less in Coffs Harbour
Clothing: pay 46.5% less in Coffs Harbour

Expenses including transportation, clothing, restaurants, groceries, entertainment and sports, and housing are lower in Coffs Harbour. Notably, childcare is significantly more expensive in Coffs Harbour.

Coffs Harbour vs. Reykjavik Cost Breakdown

If you lived in Coffs Harbour instead of Reykjavik, you would:

Display currency: USD

pay 42.5% less for restaurants

	Reykjavik	Coffs Harbour
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,452	$13.08 A$19.77	-52.4%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,859	$8.50 A$12.85	-62.6%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK419	$2.62 A$3.95	-21.5%
Bottle of water (11 fl. oz)	$2.70 ISK339	$1.80 A$2.72	-33.3%
Average			-42.5%

Reykjavik vs. Coffs Harbour - Cost of restaurants

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pay 30.5% less for groceries

	Reykjavik	Coffs Harbour
Bread 1 loaf	$4.63 ISK582	$2.58 A$3.90	-44.3%
Local cheese (8 oz)	$9.44 ISK1,186	$3.78 A$5.71	-59.9%
Milk (1 gallon)	$7.63 ISK959	$5.29 A$8.00	-30.6%
Eggs 1 dozen	$6.50 ISK817	$3.17 A$4.79	-51.2%
Boneless chicken breast (1 lb)	$11.29 ISK1,419	$2.97 A$4.48	-73.7%
Apples (1 lb)	$1.59 ISK200	$1.62 A$2.45	+2.1%
Bananas (1 lb)	$1.17 ISK147	$1.29 A$1.95	+10.6%
Oranges (1 lb)	$1.49 ISK187	$1.68 A$2.54	+13.0%
Tomatoes (1 lb)	$2.54 ISK319	$1.78 A$2.68	-30.0%
Potatoes (1 lb)	$1.70 ISK213	$0.59 A$0.89	-65.2%
Onions (1 lb)	$1.13 ISK142	$1.06 A$1.60	-6.4%
Average			-30.5%

Reykjavik vs. Coffs Harbour - Cost of groceries

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pay 49.0% less for transportation

	Reykjavik	Coffs Harbour
Gasoline (1 gallon)	$9.66 ISK1,214	$4.42 A$6.68	-54.2%
Monthly public transit pass	$88.58 ISK11,129	??
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,378,360	$29,060.36 A$43,911.22	-42.8%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,526	$14.01 A$21.17	-50.1%
Average			-49.0%

Reykjavik vs. Coffs Harbour - Cost of transportation

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pay 3.5% less for housing

	Reykjavik	Coffs Harbour
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,298	$52.33 A$79.08	-36.2%
1-Bedroom apartment in downtown area	$2,259.48 ISK283,859	$1,301.81 A$1,967.07	-42.4%
1-Bedroom apartment outside city center	$2,034.90 ISK255,645	$1,203.68 A$1,818.80	-40.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,648	$125.06 A$188.97	+105.4%
Average			-3.5%

Reykjavik vs. Coffs Harbour - Cost of housing

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pay 3.4 times more for childcare

	Reykjavik	Coffs Harbour
Private preschool for 1 child, monthly	$327.78 ISK41,179	$2,150.05 A$3,248.80	+555.9%
Middle school for 1 child, two semesters	$30,711.08 ISK3,858,233	$7,156.66 A$10,813.96	-76.7%
Average			+239.6%

Reykjavik vs. Coffs Harbour - Cost of childcare

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pay 12.4% less for entertainment and sports

	Reykjavik	Coffs Harbour
Domestic/local beer (1 pint)	$13.12 ISK1,649	$4.91 A$7.41	-62.6%
Cappuccino in mid-range area	$6.17 ISK776	$3.43 A$5.19	-44.4%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,751	$21.26 A$32.13	+52.6%
Monthly membership at local gym	$87.35 ISK10,974	$101.40 A$153.21	+16.1%
Movie ticket to theater/cinema	$17.18 ISK2,159	$13.08 A$19.77	-23.9%
Average			-12.4%

Reykjavik vs. Coffs Harbour - Cost of entertainment and sports

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pay 46.5% less for clothing

	Reykjavik	Coffs Harbour
Regular jeans Levi's brand	$145.10 ISK18,228	$60.84 A$91.93	-58.1%
Regular dress from H&M or similar store	$63.97 ISK8,036	$48.28 A$72.95	-24.5%
Running shoes Nike or Adidas	$193.43 ISK24,301	$90.28 A$136.41	-53.3%
Men's business shoes (leather)	$248.79 ISK31,256	$124.29 A$187.81	-50.0%
Average			-46.5%

Reykjavik vs. Coffs Harbour - 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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