Cost of living comparison

Port Moresby, Papua New Guinea

compared to

Reykjavik, Iceland

Reykjavik vs. Port Moresby Cost of Living Summary

Reykjavik is 85.6% more expensive than Port Moresby.

Restaurants: pay 2.6 times more in Reykjavik
Groceries: pay 49.6% more in Reykjavik
Transportation: pay 2.3 times more in Reykjavik
Housing: pay 17.9% more in Reykjavik
Childcare: pay 7.9% less in Reykjavik
Entertainment and Sports: pay 2.4 times more in Reykjavik
Clothing: pay 2.1 times more in Reykjavik

The cost of restaurants, entertainment and sports, transportation, clothing, groceries, and housing in Reykjavik are more expensive than in Port Moresby. Notably, restaurants, entertainment and sports, and transportation are significantly more expensive in Reykjavik.

Reykjavik vs. Port Moresby Cost Breakdown

If you lived in Reykjavik instead of Port Moresby, you would:

Display currency: USD

pay 2.6 times more for restaurants

	Port Moresby	Reykjavik
Basic meal with drink at inexpensive restaurant	$12.38 PGK50.77	$20.00 ISK2,689	+61.5%
Fast food combo meal McDonalds, or similar	$7.43 PGK30.46	$18.02 ISK2,423	+142.5%
Bottle of Coca-Cola (11 fl. oz)	$0.80 PGK3.26	$3.15 ISK424	+296.2%
Bottle of water (11 fl. oz)	$0.89 PGK3.66	$2.19 ISK294	+145.1%
Average			+161.3%

Port Moresby vs. Reykjavik - Cost of restaurants

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pay 49.6% more for groceries

	Port Moresby	Reykjavik
Bread 1 loaf	$1.49 PGK6.09	$3.61 ISK485	+143.0%
Local cheese (8 oz)	$2.20 PGK9.01	$7.76 ISK1,043	+253.0%
Milk (1 gallon)	$7.01 PGK28.77	$6.40 ISK861	-8.7%
Eggs 1 dozen	$3.68 PGK15.11	$5.76 ISK774	+56.2%
Boneless chicken breast (1 lb)	$3.28 PGK13.43	$9.45 ISK1,270	+188.4%
Apples (1 lb)	$1.56 PGK6.38	$1.40 ISK189	-9.9%
Bananas (1 lb)	$1.19 PGK4.90	$1.01 ISK136	-15.5%
Oranges (1 lb)	$1.74 PGK7.15	$1.22 ISK164	-30.2%
Tomatoes (1 lb)	$2.02 PGK8.29	$2.22 ISK299	+10.0%
Potatoes (1 lb)	$1.57 PGK6.45	$1.43 ISK193	-8.8%
Onions (1 lb)	$1.37 PGK5.60	$0.93 ISK126	-31.7%
Average			+49.6%

Port Moresby vs. Reykjavik - Cost of groceries

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pay 2.3 times more for transportation

	Port Moresby	Reykjavik
Gasoline (1 gallon)	$4.29 PGK17.59	$8.50 ISK1,143	+98.2%
Monthly public transit pass	$16.69 PGK68.43	$74.95 ISK10,078	+349.2%
New Volkswagen Golf 1.4 (standard edition)	$25,877.21 PGK106,114.92	$42,450.45 ISK5,707,888	+64.0%
Taxi trip in downtown area (5 miles)	$22.04 PGK90.38	$24.05 ISK3,234	+9.1%
Average			+130.1%

Port Moresby vs. Reykjavik - Cost of transportation

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pay 17.9% more for housing

	Port Moresby	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$309.54 PGK1,269.32	$69.87 ISK9,394	-77.4%
1-Bedroom apartment in downtown area	$2,346.03 PGK9,620.41	$1,971.17 ISK265,044	-16.0%
1-Bedroom apartment outside city center	$609.17 PGK2,498.02	$1,803.44 ISK242,491	+196.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$78.11 PGK320.32	$53.95 ISK7,255	-30.9%
Average			+17.9%

Port Moresby vs. Reykjavik - Cost of housing

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pay 7.9% less for childcare

	Port Moresby	Reykjavik
Private preschool for 1 child, monthly	$494.23 PGK2,026.68	$252.14 ISK33,903	-49.0%
Middle school for 1 child, two semesters	$4,498.59 PGK18,447.41	$5,993.99 ISK805,952	+33.2%
Average			-7.9%

Port Moresby vs. Reykjavik - Cost of childcare

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pay 2.4 times more for entertainment and sports

	Port Moresby	Reykjavik
Domestic/local beer (1 pint)	$2.48 PGK10.15	$10.81 ISK1,454	+336.6%
Cappuccino in mid-range area	$1.83 PGK7.51	$5.31 ISK713	+189.5%
Pack of cigarettes Marlboro or similar	$7.48 PGK30.67	$12.25 ISK1,646	+63.7%
Monthly membership at local gym	$45.19 PGK185.32	$69.95 ISK9,405	+54.8%
Movie ticket to theater/cinema	$8.67 PGK35.54	$14.77 ISK1,987	+70.5%
Average			+143.0%

Port Moresby vs. Reykjavik - Cost of entertainment and sports

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pay 2.1 times more for clothing

	Port Moresby	Reykjavik
Regular jeans Levi's brand	$39.25 PGK160.95	$108.97 ISK14,652	+177.6%
Regular dress from H&M or similar store	$44.57 PGK182.78	$49.72 ISK6,685	+11.5%
Running shoes Nike or Adidas	$64.38 PGK264.02	$151.85 ISK20,418	+135.9%
Men's business shoes (leather)	$98.43 PGK403.64	$194.16 ISK26,106	+97.2%
Average			+105.5%

Port Moresby vs. Reykjavik - Cost of clothing

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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: March 2025

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