Cost of living comparison

compared to

New Bern vs. Reykjavik Cost of Living Summary

New Bern is 43.0% cheaper than Reykjavik.

Restaurants
pay 43.5% less in New Bern
Groceries
pay 27.7% less in New Bern
Transportation
pay 49.8% less in New Bern
Housing
pay 44.2% less in New Bern
Entertainment and Sports
pay 43.6% less in New Bern
Clothing
pay 56.7% less in New Bern

Expenses including clothing, transportation, housing, entertainment and sports, restaurants, and groceries are lower in New Bern.

New Bern vs. Reykjavik Cost Breakdown

If you lived in New Bern instead of Reykjavik, you would:

pay 43.5% less for restaurants

 
Reykjavik
New Bern
Basic meal with drink at inexpensive restaurant $31.06
ISK3,813
$18.00
 
Fast food combo meal
McDonalds, or similar
$26.97
ISK3,312
$12.00
 
Bottle of Coca-Cola (11 fl. oz) $3.31
ISK407
$2.85
 

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pay 27.7% less for groceries

 
Reykjavik
New Bern
Bread
1 loaf
$4.19
ISK515
$3.25
 
Local cheese (8 oz) $10.93
ISK1,342
$6.47
 
Milk (1 gallon) $7.78
ISK955
$3.53
 

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pay 49.8% less for transportation

 
Reykjavik
New Bern
Gasoline (1 gallon) $7.76
ISK953
$3.22
 
Monthly public transit pass $94.80
ISK11,641
??
New Volkswagen Golf 1.4 (standard edition) $50,588.43
ISK6M
$28,000.00
 

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pay 44.2% less for housing

 
Reykjavik
New Bern
Internet connection
50 mbps or faster, cable/dsl
$86.01
ISK10,561
$69.00
 
1-Bedroom apartment in downtown area $2,522.88
ISK310K
$1,158.00
 
1-Bedroom apartment outside city center $2,032.25
ISK250K
$882.67
 

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pay (unknown) more for childcare

 
Reykjavik
New Bern
Private preschool for 1 child, monthly $1,185.23
ISK146K
??
Middle school for 1 child, two semesters $25,853.51
ISK3M
??

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pay 43.6% less for entertainment and sports

 
Reykjavik
New Bern
Domestic/local beer (1 pint) $13.89
ISK1,706
$6.00
 
Cappuccino in mid-range area $6.74
ISK828
$5.16
 
Pack of cigarettes
Marlboro or similar
$13.89
ISK1,706
$7.49
 

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pay 56.7% less for clothing

 
Reykjavik
New Bern
Regular jeans
Levi's brand
$149.01
ISK18,297
$60.00
 
Regular dress
from H&M or similar store
$65.79
ISK8,078
$35.00
 
Running shoes
Nike or Adidas
$181.84
ISK22,328
$84.67
 

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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