Cost of living comparison
New Zealand is 1.1% cheaper than Iceland.
If you lived in New Zealand instead of Iceland, you would:
pay 26.3% less for restaurants
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$13.47
NZ$22.98
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$8.81
NZ$15.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$2.16
NZ$3.69
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.94
NZ$3.32
|
|
pay 9.8% less for groceries
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$1.86
NZ$3.18
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$3.77
NZ$6.43
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$6.55
NZ$11.17
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$5.92
NZ$10.11
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$4.25
NZ$7.25
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$1.15
NZ$1.96
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$1.04
NZ$1.78
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.31
NZ$2.23
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$2.31
NZ$3.94
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.90
NZ$1.53
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.83
NZ$1.42
|
|
pay 21.5% less for transportation
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$6.26
NZ$10.68
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$69.15
NZ$117.96
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$24,735.85
NZ$42,193.38
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$17.90
NZ$30.53
|
|
pay 15.6% less for housing
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$51.16
NZ$87.26
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$1,007.66
NZ$1,718.83
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$809.64
NZ$1,381.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$91.68
NZ$156.38
|
|
pay 2.1 times more for childcare
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$611.89
NZ$1,043.73
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$10,661.07
NZ$18,185.21
|
|
pay 5.8% less for entertainment and sports
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$6.10
NZ$10.40
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$3.30
NZ$5.63
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$22.88
NZ$39.02
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$38.53
NZ$65.72
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$10.92
NZ$18.62
|
|
pay 35.9% less for clothing
|
Iceland
|
New Zealand
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$65.31
NZ$111.40
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$40.78
NZ$69.57
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$93.71
NZ$159.85
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$121.74
NZ$207.67
|
|
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