Cost of living in New Zealand compared to Iceland
Currency:
| Food | - 44% | |||
|---|---|---|---|---|
| Food in New Zealand is 44% cheaper than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | NZ$22 (1,910 kr) | 5,030 kr | - 62% | |
| Combo meal in fast food restaurant (big mac meal or similar) | NZ$14 (1,155 kr) | 3,299 kr | - 65% | |
| 500 gr (1 lb.) of boneless chicken breast | NZ$7 (627 kr) | 1,018 kr | - 38% | |
| 1 liter (1 qt.) of whole fat milk | NZ$2.43 (208 kr) | 207 kr | + 1% | |
| 12 eggs, large | NZ$8 (677 kr) | 720 kr | - 6% | |
| 1 kg (2 lb.) of tomatoes | NZ$7 (625 kr) | 706 kr | - 11% | |
| 500 gr (16 oz.) of local cheese | NZ$7 (640 kr) | 1,069 kr | - 40% | |
| 1 kg (2 lb.) of apples | NZ$4.24 (362 kr) | 270 kr | + 34% | |
| 1 kg (2 lb.) of potatoes | NZ$3.09 (263 kr) | 414 kr | - 36% | |
| 0.5 l (16 oz) domestic beer in the supermarket | NZ$5.32 (454 kr) | 463 kr | - 2% | |
| 1 bottle of red table wine, good quality | NZ$18 (1,532 kr) | 2,821 kr | - 46% | |
| 2 liters of coca-cola | NZ$3.54 (302 kr) | 309 kr | - 2% | |
| Bread for 2 people for 1 day | NZ$2.95 (252 kr) | 492 kr | - 49% | |
| Housing | - 27% | |||
| Housing in New Zealand is 27% cheaper than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | NZ$3,203 (273,309 kr) | 357,641 kr | - 24% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | NZ$2,701 (230,462 kr) | 279,609 kr | - 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | NZ$272 (23,250 kr) | 54,829 kr | - 58% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | NZ$2,254 (192,390 kr) | 221,182 kr | - 13% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | NZ$1,806 (154,112 kr) | 161,707 kr | - 5% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | NZ$200 (17,030 kr) | 30,820 kr | - 45% | |
| Internet 8 mbps (1 month) | NZ$81 (6,913 kr) | 8,104 kr | - 15% | |
| 40” flat screen tv | NZ$760 (64,877 kr) | 94,218 kr | - 31% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | NZ$287 (24,516 kr) | 48,000 kr | - 49% | |
| Laundry detergent (3 l. ~ 100 oz.) | NZ$14 (1,234 kr) | 3,700 kr | - 67% | |
| Hourly rate for cleaning help | NZ$28 (2,414 kr) | 6,316 kr | - 62% | |
| Clothes | - 42% | |||
| Clothes in New Zealand is 42% cheaper than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| 1 pair of jeans (levis 501 or similar) | NZ$118 (10,072 kr) | 15,379 kr | - 35% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | NZ$77 (6,545 kr) | 11,736 kr | - 44% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | NZ$154 (13,158 kr) | 27,493 kr | - 52% | |
| 1 pair of men’s leather business shoes | NZ$203 (17,306 kr) | 26,006 kr | - 33% | |
| Transportation | + 18% | |||
| Transportation in New Zealand is 18% more expensive than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | NZ$38,250 (3,264,168 kr) | 5,737,720 kr | - 43% | |
| 1 liter (1/4 gallon) of gas | NZ$2.81 (240 kr) | 316 kr | - 24% | |
| Monthly ticket public transport | NZ$187 (15,933 kr) | 9,391 kr | + 70% | |
| Personal Care | - 46% | |||
| Personal Care in New Zealand is 46% cheaper than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | NZ$11 (933 kr) | 680 kr | + 37% | |
| 1 box of antibiotics (12 doses) | NZ$8 (699 kr) | 2,068 kr | - 66% | |
| Short visit to private doctor (15 minutes) | NZ$57 (4,835 kr) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | NZ$8 (708 kr) | 950 kr | - 25% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | NZ$5.55 (474 kr) | 1,395 kr | - 66% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | NZ$6 (530 kr) | 685 kr | - 23% | |
| 4 rolls of toilet paper | NZ$3.32 (283 kr) | 638 kr | - 56% | |
| Tube of toothpaste | NZ$4.11 (351 kr) | 454 kr | - 23% | |
| Standard men's haircut in expat area of the city | NZ$34 (2,910 kr) | 6,773 kr | - 57% | |
| Entertainment | - 5% | |||
| Entertainment in New Zealand is 5% cheaper than in Iceland | ||||
| New Zealand | Iceland | Diff | ||
| Basic dinner out for two in neighborhood pub | NZ$72 (6,134 kr) | 4,944 kr | + 24% | |
| 2 tickets to the movies | NZ$38 (3,272 kr) | 4,170 kr | - 22% | |
| 2 tickets to the theater (best available seats) | NZ$205 (17,488 kr) | 16,317 kr | + 7% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | NZ$112 (9,563 kr) | 14,878 kr | - 36% | |
| 1 cocktail drink in downtown club | NZ$17 (1,411 kr) | 3,005 kr | - 53% | |
| Cappuccino in expat area of the city | NZ$5.29 (451 kr) | 785 kr | - 43% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | NZ$10 (878 kr) | 1,516 kr | - 42% | |
| Ipad wi-fi 128gb | NZ$790 (67,457 kr) | 11,800 kr | + 472% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | NZ$0.41 (35 kr) | 20 kr | + 78% | |
| 1 month of gym membership in business district | NZ$74 (6,287 kr) | 11,171 kr | - 44% | |
| 1 package of marlboro cigarettes | NZ$34 (2,912 kr) | 2,298 kr | + 27% | |
| TOTAL | - 21% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,463 prices entered by 127 different people.
These prices were last updated on August 01, 2022.
Exchange rate:
85.337
ISK
/
NZD
Cost of living in New Zealand is 21% cheaper than in Iceland
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