Cost of living comparison
Reykjavik is 13.8% more expensive than New Caledonia overall.
- Restaurants
-
pay 40.5% more in Reykjavik
- Groceries
-
pay 8.5% less in Reykjavik
- Transportation
-
pay 47.6% more in Reykjavik
- Housing
-
pay 75.6% more in Reykjavik
- Childcare
-
pay 65.5% less in Reykjavik
- Entertainment and Sports
-
pay 1.6% more in Reykjavik
- Clothing
-
pay 5.5% more in Reykjavik
The cost of housing, transportation, restaurants, clothing, and entertainment and sports in Reykjavik are more expensive than in New Caledonia. Expenses including childcare and groceries are lower in Reykjavik. Notably, housing is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of New Caledonia, you would:
pay 40.5% more for restaurants
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.72
CFPF1,711
|
$20.00
ISK2,644
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.47
CFPF1,467
|
$18.02
ISK2,382
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.54
CFPF277
|
$3.15
ISK417
|
|
| Bottle of water (11 fl. oz) |
$1.23
CFPF134
|
$2.19
ISK289
|
|
pay 8.5% less for groceries
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.56
CFPF279
|
$3.61
ISK477
|
|
| Local cheese (8 oz) |
$8.19
CFPF891
|
$7.76
ISK1,025
|
|
| Milk (1 gallon) |
$4.15
CFPF452
|
$6.40
ISK847
|
|
|
Eggs
1 dozen
|
$5.42
CFPF590
|
$5.76
ISK761
|
|
| Boneless chicken breast (1 lb) |
$7.74
CFPF843
|
$9.45
ISK1,249
|
|
| Apples (1 lb) |
$1.79
CFPF195
|
$1.40
ISK185
|
|
| Bananas (1 lb) |
$2.98
CFPF325
|
$1.01
ISK133
|
|
| Oranges (1 lb) |
$2.85
CFPF310
|
$1.22
ISK161
|
|
| Tomatoes (1 lb) |
$3.01
CFPF328
|
$2.22
ISK294
|
|
| Potatoes (1 lb) |
$1.59
CFPF173
|
$1.43
ISK190
|
|
| Onions (1 lb) |
$1.36
CFPF148
|
$0.93
ISK123
|
|
pay 47.6% more for transportation
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.77
CFPF629
|
$8.50
ISK1,124
|
|
| Monthly public transit pass |
$57.93
CFPF6,308
|
$74.95
ISK9,908
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,659.34
CFPF3,447,151
|
$42,450.45
ISK5,611,101
|
|
| Taxi trip in downtown area (5 miles) |
$13.39
CFPF1,458
|
$24.05
ISK3,179
|
|
pay 75.6% more for housing
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.97
CFPF5,985
|
$69.87
ISK9,235
|
|
| 1-Bedroom apartment in downtown area |
$740.96
CFPF80,678
|
$1,971.17
ISK260,549
|
|
| 1-Bedroom apartment outside city center |
$655.64
CFPF71,388
|
$1,803.44
ISK238,379
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.39
CFPF17,137
|
$53.95
ISK7,132
|
|
pay 65.5% less for childcare
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$730.48
CFPF79,537
|
$252.14
ISK33,328
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK792,286
|
|
pay 1.6% more for entertainment and sports
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.33
CFPF1,125
|
$10.81
ISK1,429
|
|
| Cappuccino in mid-range area |
$5.75
CFPF626
|
$5.31
ISK701
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.78
CFPF1,936
|
$12.25
ISK1,619
|
|
| Monthly membership at local gym |
$60.62
CFPF6,601
|
$69.95
ISK9,246
|
|
| Movie ticket to theater/cinema |
$11.68
CFPF1,271
|
$14.77
ISK1,953
|
|
pay 5.5% more for clothing
|
New Caledonia
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$98.80
CFPF10,757
|
$108.97
ISK14,404
|
|
|
Regular dress
from H&M or similar store
|
$59.88
CFPF6,519
|
$49.72
ISK6,572
|
|
|
Running shoes
Nike or Adidas
|
$114.51
CFPF12,468
|
$151.85
ISK20,072
|
|
| Men's business shoes (leather) |
$202.08
CFPF22,003
|
$194.16
ISK25,664
|
|
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