Cost of living comparison
Reykjavik is 21.2% more expensive than Newcastle.
- Restaurants
-
pay 37.6% more in Reykjavik
- Groceries
-
pay 34.5% more in Reykjavik
- Transportation
-
pay 38.1% more in Reykjavik
- Housing
-
pay 23.6% more in Reykjavik
- Childcare
-
pay 69.6% less in Reykjavik
- Entertainment and Sports
-
pay 24.2% more in Reykjavik
- Clothing
-
pay 60.1% more in Reykjavik
The cost of clothing, transportation, restaurants, groceries, entertainment and sports, and housing in Reykjavik are more expensive than in Newcastle.
If you lived in Reykjavik instead of Newcastle, you would:
pay 37.6% more for restaurants
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.83
A$22.54
|
$20.00
ISK2,436
|
|
Fast food combo meal
McDonalds, or similar
|
$9.89
A$15.03
|
$18.02
ISK2,195
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.49
A$3.79
|
$3.15
ISK384
|
|
Bottle of water (11 fl. oz) |
$2.04
A$3.11
|
$2.19
ISK266
|
|
pay 34.5% more for groceries
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
A$3.32
|
$3.61
ISK440
|
|
Local cheese (8 oz) |
$5.47
A$8.31
|
$7.76
ISK945
|
|
Milk (1 gallon) |
$4.88
A$7.42
|
$6.40
ISK780
|
|
Eggs
1 dozen
|
$3.95
A$6.00
|
$5.76
ISK701
|
|
Boneless chicken breast (1 lb) |
$3.68
A$5.59
|
$9.45
ISK1,151
|
|
Apples (1 lb) |
$1.47
A$2.24
|
$1.40
ISK171
|
|
Bananas (1 lb) |
$1.14
A$1.73
|
$1.01
ISK123
|
|
Oranges (1 lb) |
$1.16
A$1.76
|
$1.22
ISK148
|
|
Tomatoes (1 lb) |
$1.94
A$2.94
|
$2.22
ISK271
|
|
Potatoes (1 lb) |
$1.10
A$1.68
|
$1.43
ISK175
|
|
Onions (1 lb) |
$0.90
A$1.37
|
$0.93
ISK114
|
|
pay 38.1% more for transportation
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.53
A$6.88
|
$8.50
ISK1,036
|
|
Monthly public transit pass |
$143.27
A$217.78
|
$74.95
ISK9,130
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,276.08
A$44,501.84
|
$42,450.45
ISK5,170,889
|
|
Taxi trip in downtown area (5 miles) |
$14.38
A$21.86
|
$24.05
ISK2,930
|
|
pay 23.6% more for housing
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$52.22
A$79.38
|
$69.87
ISK8,510
|
|
1-Bedroom apartment in downtown area |
$1,278.52
A$1,943.44
|
$1,971.17
ISK240,108
|
|
1-Bedroom apartment outside city center |
$1,073.56
A$1,631.89
|
$1,803.44
ISK219,677
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$141.11
A$214.50
|
$53.95
ISK6,572
|
|
pay 69.6% less for childcare
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$922.64
A$1,402.48
|
$252.14
ISK30,713
|
|
Middle school for 1 child, two semesters |
$17,906.19
A$27,218.76
|
$5,993.99
ISK730,128
|
|
pay 24.2% more for entertainment and sports
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.59
A$10.02
|
$10.81
ISK1,317
|
|
Cappuccino in mid-range area |
$3.47
A$5.27
|
$5.31
ISK646
|
|
Pack of cigarettes
Marlboro or similar
|
$31.63
A$48.09
|
$12.25
ISK1,492
|
|
Monthly membership at local gym |
$47.45
A$72.13
|
$69.95
ISK8,520
|
|
Movie ticket to theater/cinema |
$12.52
A$19.03
|
$14.77
ISK1,800
|
|
pay 60.1% more for clothing
Newcastle
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$72.49
A$110.20
|
$108.97
ISK13,274
|
|
Regular dress
from H&M or similar store
|
$38.44
A$58.44
|
$49.72
ISK6,056
|
|
Running shoes
Nike or Adidas
|
$101.05
A$153.61
|
$151.85
ISK18,497
|
|
Men's business shoes (leather) |
$92.26
A$140.25
|
$194.16
ISK23,650
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Newcastle. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.