Cost of living comparison

Reykjavik, Iceland

compared to

Auckland, New Zealand

Auckland vs. Reykjavik Cost of Living Summary

Auckland is 17.8% more expensive than Reykjavik.

Restaurants: pay 25.7% less in Auckland
Groceries: pay 13.7% less in Auckland
Transportation: pay 2.2% less in Auckland
Housing: pay 5.4% less in Auckland
Childcare: pay 3.1 times more in Auckland
Entertainment and Sports: pay 5.9% less in Auckland
Clothing: pay 27.8% less in Auckland

Expenses including clothing, restaurants, groceries, entertainment and sports, housing, and transportation are lower in Auckland. Notably, childcare is significantly more expensive in Auckland.

Auckland vs. Reykjavik Cost Breakdown

If you lived in Auckland instead of Reykjavik, you would:

Display currency: USD

pay 25.7% less for restaurants

	Reykjavik	Auckland
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,545	$14.93 NZ$25.04	-25.3%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,293	$9.56 NZ$16.02	-47.0%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK401	$2.23 NZ$3.73	-29.4%
Bottle of water (11 fl. oz)	$2.19 ISK278	$2.16 NZ$3.62	-1.1%
Average			-25.7%

Reykjavik vs. Auckland - Cost of restaurants

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pay 13.7% less for groceries

	Reykjavik	Auckland
Bread 1 loaf	$3.61 ISK459	$2.01 NZ$3.38	-44.2%
Local cheese (8 oz)	$7.76 ISK987	$4.27 NZ$7.17	-44.9%
Milk (1 gallon)	$6.40 ISK815	$6.62 NZ$11.11	+3.4%
Eggs 1 dozen	$5.76 ISK733	$6.78 NZ$11.37	+17.8%
Boneless chicken breast (1 lb)	$9.45 ISK1,202	$4.40 NZ$7.39	-53.4%
Apples (1 lb)	$1.40 ISK178	$1.29 NZ$2.17	-7.8%
Bananas (1 lb)	$1.01 ISK128	$1.00 NZ$1.67	-1.0%
Oranges (1 lb)	$1.22 ISK155	$1.37 NZ$2.30	+12.5%
Tomatoes (1 lb)	$2.22 ISK283	$2.41 NZ$4.04	+8.3%
Potatoes (1 lb)	$1.43 ISK183	$1.02 NZ$1.71	-29.1%
Onions (1 lb)	$0.93 ISK119	$0.82 NZ$1.37	-12.5%
Average			-13.7%

Reykjavik vs. Auckland - Cost of groceries

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pay 2.2% less for transportation

	Reykjavik	Auckland
Gasoline (1 gallon)	$8.50 ISK1,082	$6.51 NZ$10.93	-23.4%
Monthly public transit pass	$74.95 ISK9,538	$128.40 NZ$215.33	+71.3%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,401,820	$27,173.26 NZ$45,569.81	-36.0%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,060	$19.11 NZ$32.05	-20.5%
Average			-2.2%

Reykjavik vs. Auckland - Cost of transportation

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pay 5.4% less for housing

	Reykjavik	Auckland
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,890	$48.85 NZ$81.92	-30.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK250,832	$1,260.04 NZ$2,113.09	-36.1%
1-Bedroom apartment outside city center	$1,803.44 ISK229,488	$1,101.04 NZ$1,846.45	-38.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,866	$98.97 NZ$165.98	+83.4%
Average			-5.4%

Reykjavik vs. Auckland - Cost of housing

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pay 3.1 times more for childcare

	Reykjavik	Auckland
Private preschool for 1 child, monthly	$252.14 ISK32,085	$924.23 NZ$1,549.95	+266.6%
Middle school for 1 child, two semesters	$5,993.99 ISK762,736	$14,624.16 NZ$24,524.84	+144.0%
Average			+205.3%

Reykjavik vs. Auckland - Cost of childcare

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pay 5.9% less for entertainment and sports

	Reykjavik	Auckland
Domestic/local beer (1 pint)	$10.81 ISK1,376	$7.17 NZ$12.02	-33.7%
Cappuccino in mid-range area	$5.31 ISK675	$3.35 NZ$5.62	-36.8%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,558	$23.89 NZ$40.06	+95.1%
Monthly membership at local gym	$69.95 ISK8,901	$36.93 NZ$61.93	-47.2%
Movie ticket to theater/cinema	$14.77 ISK1,880	$13.74 NZ$23.04	-7.0%
Average			-5.9%

Reykjavik vs. Auckland - Cost of entertainment and sports

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pay 27.8% less for clothing

	Reykjavik	Auckland
Regular jeans Levi's brand	$108.97 ISK13,867	$71.45 NZ$119.83	-34.4%
Regular dress from H&M or similar store	$49.72 ISK6,327	$47.51 NZ$79.67	-4.5%
Running shoes Nike or Adidas	$151.85 ISK19,323	$98.82 NZ$165.72	-34.9%
Men's business shoes (leather)	$194.16 ISK24,707	$121.65 NZ$204.02	-37.3%
Average			-27.8%

Reykjavik vs. Auckland - 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: June 2025

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