Cost of living comparison

 Hobart, Australia
compared to
 Reykjavik, Iceland
Reykjavik vs. Hobart Cost of Living Summary
Reykjavik vs. Hobart Cost Breakdown

If you lived in Reykjavik instead of Hobart, you would:

pay 46.0% more for restaurants

 
Hobart
Reykjavik
Basic meal with drink at inexpensive restaurant $16.48
A$25.62
$20.00
ISK2,545
Fast food combo meal
McDonalds, or similar
$9.23
A$14.35
$18.02
ISK2,293
Bottle of Coca-Cola (11 fl. oz) $2.44
A$3.79
$3.15
ISK401

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pay 15.0% more for groceries

 
Hobart
Reykjavik
Bread
1 loaf
$2.59
A$4.03
$3.61
ISK459
Local cheese (8 oz) $5.66
A$8.80
$7.76
ISK987
Milk (1 gallon) $7.13
A$11.09
$6.40
ISK815

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pay 40.5% more for transportation

 
Hobart
Reykjavik
Gasoline (1 gallon) $4.49
A$6.99
$8.50
ISK1,082
Monthly public transit pass $69.20
A$107.59
$74.95
ISK9,538
New Volkswagen Golf 1.4 (standard edition) $29,276.08
A$45,518.80
$42,450.45
ISK5,401,820

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pay 10.0% more for housing

 
Hobart
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$50.53
A$78.56
$69.87
ISK8,890
1-Bedroom apartment in downtown area $1,625.61
A$2,527.51
$1,971.17
ISK250,832
1-Bedroom apartment outside city center $1,163.85
A$1,809.56
$1,803.44
ISK229,488

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pay 82.0% less for childcare

 
Hobart
Reykjavik
Private preschool for 1 child, monthly $1,713.48
A$2,664.14
$252.14
ISK32,085
Middle school for 1 child, two semesters $28,338.28
A$44,060.70
$5,993.99
ISK762,736

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pay 17.3% more for entertainment and sports

 
Hobart
Reykjavik
Domestic/local beer (1 pint) $7.91
A$12.30
$10.81
ISK1,376
Cappuccino in mid-range area $3.39
A$5.27
$5.31
ISK675
Pack of cigarettes
Marlboro or similar
$29.62
A$46.06
$12.25
ISK1,558

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pay 41.8% more for clothing

 
Hobart
Reykjavik
Regular jeans
Levi's brand
$65.77
A$102.26
$108.97
ISK13,867
Regular dress
from H&M or similar store
$54.37
A$84.54
$49.72
ISK6,327
Running shoes
Nike or Adidas
$108.41
A$168.56
$151.85
ISK19,323

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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: June 2025
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