Cost of living in Reykjavik, Iceland vs Christchurch, New Zealand
Currency:
Food | + 59% | |||
---|---|---|---|---|
Food in Reykjavik (Iceland) is 59% more expensive than in Christchurch (New Zealand) | ||||
Basic lunchtime menu (including a drink) in the business district | 2,732 kr (NZ$34) | NZ$18 | + 94% | |
Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,895 kr (NZ$24) | NZ$12 | + 104% | |
500 gr (1 lb.) of boneless chicken breast | 1,250 kr (NZ$16) | NZ$7 | + 115% | |
1 liter (1 qt.) of whole fat milk | 154 kr (NZ$1.93) | NZ$2.01 | - 4% | |
12 eggs, large | 773 kr (NZ$10) | NZ$8 | + 17% | |
1 kg (2 lb.) of tomatoes | 547 kr (NZ$7) | NZ$5.88 | + 16% | |
500 gr (16 oz.) of local cheese | 1,131 kr (NZ$14) | NZ$6 | + 133% | |
1 kg (2 lb.) of apples | 448 kr (NZ$5.62) | NZ$4.06 | + 39% | |
1 kg (2 lb.) of potatoes | 374 kr (NZ$4.69) | NZ$2.77 | + 69% | |
0.5 l (16 oz) domestic beer in the supermarket | 394 kr (NZ$4.94) | NZ$5.92 | - 17% | |
1 bottle of red table wine, good quality | 3,109 kr (NZ$39) | NZ$19 | + 104% | |
2 liters of Coca-Cola | 314 kr (NZ$3.94) | NZ$3.13 | + 26% | |
Bread for 2 people for 1 day | 305 kr (NZ$3.82) | NZ$1.96 | + 95% | |
Housing | + 47% | |||
Housing in Reykjavik (Iceland) is 47% more expensive than in Christchurch (New Zealand) | ||||
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 279,377 kr (NZ$3,499) | NZ$3,084 | + 13% | |
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 243,118 kr (NZ$3,045) | NZ$1,835 | + 66% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 17,186 kr (NZ$215) | NZ$186 | + 15% | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 190,908 kr (NZ$2,391) | NZ$1,140 | + 110% | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 164,431 kr (NZ$2,059) | NZ$1,093 | + 88% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 11,102 kr (NZ$139) | NZ$175 | - 20% | |
Internet 8 Mbps (1 month) | 6,468 kr (NZ$81) | NZ$75 | + 9% | |
40” flat screen TV | 86,615 kr (NZ$1,085) | NZ$724 | + 50% | |
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 22,343 kr (NZ$280) | NZ$252 | + 11% | |
Laundry detergent (3 l. ~ 100 oz.) | 1,911 kr (NZ$24) | NZ$9 | + 159% | |
Hourly rate for cleaning help | 3,885 kr (NZ$49) | NZ$20 | + 139% | |
Clothes | + 67% | |||
Clothes in Reykjavik (Iceland) is 67% more expensive than in Christchurch (New Zealand) | ||||
1 pair of jeans (Levis 501 or similar) | 16,589 kr (NZ$208) | NZ$116 | + 79% | |
1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 8,132 kr (NZ$102) | NZ$66 | + 53% | |
1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 20,647 kr (NZ$259) | NZ$157 | + 65% | |
1 pair of men’s leather business shoes | 26,525 kr (NZ$332) | NZ$149 | + 123% | |
Transportation | + 37% | |||
Transportation in Reykjavik (Iceland) is 37% more expensive than in Christchurch (New Zealand) | ||||
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,672,550 kr (NZ$45,997) | NZ$30,884 | + 49% | |
1 liter (1/4 gallon) of gas | 230 kr (NZ$2.88) | NZ$2.25 | + 28% | |
Monthly ticket public transport | 12,731 kr (NZ$159) | NZ$118 | + 35% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 3,329 kr (NZ$42) | NZ$28 | + 50% | |
Personal Care | + 75% | |||
Personal Care in Reykjavik (Iceland) is 75% more expensive than in Christchurch (New Zealand) | ||||
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,353 kr (NZ$17) | NZ$12 | + 45% | |
1 box of antibiotics (12 doses) | 1,851 kr (NZ$23) | NZ$12 | + 98% | |
Short visit to private Doctor (15 minutes) | 5,686 kr (NZ$71) | NZ$48 | + 48% | |
1 box of 32 tampons (Tampax, OB, ...) | 678 kr (NZ$8) | NZ$11 | - 22% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 598 kr (NZ$7) | NZ$5.45 | + 37% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,089 kr (NZ$14) | NZ$4.68 | + 192% | |
4 rolls of toilet paper | 440 kr (NZ$5.51) | NZ$2.62 | + 110% | |
Tube of toothpaste | 398 kr (NZ$4.99) | NZ$3.25 | + 53% | |
Standard men's haircut in expat area of the city | 5,753 kr (NZ$72) | NZ$27 | + 162% | |
Entertainment | + 15% | |||
Entertainment in Reykjavik (Iceland) is 15% more expensive than in Christchurch (New Zealand) | ||||
Basic dinner out for two in neighborhood pub | 6,265 kr (NZ$78) | NZ$64 | + 23% | |
2 tickets to the movies | 3,061 kr (NZ$38) | NZ$27 | + 43% | |
2 tickets to the theater (best available seats) | 11,427 kr (NZ$143) | NZ$178 | - 20% | |
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,482 kr (NZ$144) | NZ$91 | + 58% | |
1 cocktail drink in downtown club | 2,451 kr (NZ$31) | NZ$17 | + 81% | |
Cappuccino in expat area of the city | 677 kr (NZ$8) | NZ$4.77 | + 78% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,141 kr (NZ$14) | NZ$11 | + 28% | |
iPad Wi-Fi 128GB | 84,141 kr (NZ$1,054) | NZ$772 | + 36% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 20 kr (NZ$0.25) | NZ$0.53 | - 54% | |
1 month of gym membership in business district | 8,633 kr (NZ$108) | NZ$55 | + 97% | |
1 package of Marlboro cigarettes | 1,429 kr (NZ$18) | NZ$29 | - 37% | |
TOTAL | + 44% |
These prices were last updated on December 11, 2019.
Exchange rate:
0.01252
NZD
/
ISK
This comparison is based on abundant and consistent data. It is based on 548 prices entered by 74 different people.
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Cost of living in Reykjavik (Iceland) is 44% more expensive than in Christchurch (New Zealand)
For example, you would need at least NZ$12,347 (985,832 kr) in Reykjavik to maintain the same standard of living that you can have with NZ$8,600 in Christchurch.
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