Cost of living comparison

 New Caledonia
compared to
Iceland vs. New Caledonia Cost of Living Summary

Iceland is 6.8% more expensive than New Caledonia overall.

Restaurants
pay 30.9% more in Iceland
Groceries
pay 20.0% less in Iceland
Transportation
pay 40.2% more in Iceland
Housing
pay 61.2% more in Iceland
Childcare
pay 64.7% less in Iceland
Entertainment and Sports
pay 7.9% less in Iceland
Clothing
pay 8.2% more in Iceland

The cost of housing, transportation, restaurants, and clothing in Iceland are more expensive than in New Caledonia. Expenses including childcare, groceries, and entertainment and sports are lower in Iceland.

Iceland vs. New Caledonia Cost Breakdown

If you lived in Iceland instead of New Caledonia, you would:

pay 30.9% more for restaurants

 
New Caledonia
Iceland
Basic meal with drink at inexpensive restaurant $15.72
CFPF1,725
$19.40
ISK2,584
Fast food combo meal
McDonalds, or similar
$13.47
CFPF1,478
$16.94
ISK2,257
Bottle of Coca-Cola (11 fl. oz) $2.54
CFPF279
$2.81
ISK374

Improve prices ·

pay 20.0% less for groceries

 
New Caledonia
Iceland
Bread
1 loaf
$2.56
CFPF281
$2.95
ISK394
Local cheese (8 oz) $8.19
CFPF898
$7.27
ISK968
Milk (1 gallon) $4.15
CFPF455
$6.01
ISK800

Improve prices ·

pay 40.2% more for transportation

 
New Caledonia
Iceland
Gasoline (1 gallon) $5.77
CFPF634
$8.36
ISK1,114
Monthly public transit pass $57.93
CFPF6,357
$71.28
ISK9,494
New Volkswagen Golf 1.4 (standard edition) $31,659.34
CFPF3,474,150
$40,660.66
ISK5,416,000

Improve prices ·

pay 61.2% more for housing

 
New Caledonia
Iceland
Internet connection
50 mbps or faster, cable/dsl
$54.97
CFPF6,032
$72.17
ISK9,614
1-Bedroom apartment in downtown area $740.96
CFPF81,310
$1,838.04
ISK244,827
1-Bedroom apartment outside city center $655.64
CFPF71,947
$1,497.77
ISK199,503

Improve prices ·

pay 64.7% less for childcare

 
New Caledonia
Iceland
Private preschool for 1 child, monthly $730.48
CFPF80,160
$258.16
ISK34,388
Middle school for 1 child, two semesters ?? $5,993.99
ISK798,400

Improve prices ·

pay 7.9% less for entertainment and sports

 
New Caledonia
Iceland
Domestic/local beer (1 pint) $10.33
CFPF1,133
$9.19
ISK1,224
Cappuccino in mid-range area $5.75
CFPF631
$4.65
ISK619
Pack of cigarettes
Marlboro or similar
$17.78
CFPF1,951
$11.76
ISK1,566

Improve prices ·

pay 8.2% more for clothing

 
New Caledonia
Iceland
Regular jeans
Levi's brand
$98.80
CFPF10,841
$111.23
ISK14,816
Regular dress
from H&M or similar store
$59.88
CFPF6,570
$59.69
ISK7,951
Running shoes
Nike or Adidas
$114.51
CFPF12,566
$148.00
ISK19,713

Improve prices ·
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: March 2025
Share this

Compare by city

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Iceland or New Caledonia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.