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Insurer of the
Year 2017-21

prices shown in
Newcastle vs Reykjavik
Ntl vs Rkv

Average net salary (After tax)

Reykjavik
Newcastle

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Rkv
Ntl
Outside city centre
Rkv
Ntl

Rent 3 bedroom apartment

Cost per month

In city centre
Rkv
Ntl
Outside city centre
Rkv
Ntl

Buy apartment

Price per m2

In city centre
Rkv
Ntl
Outside city centre
Rkv
Ntl

Mortgage rates

Reykjavik
4.5%
Newcastle
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Reykjavik
Newcastle

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Rkv
Ntl

Mobile phone data

One-minute local prepaid call (no plan or discount)

Rkv
Ntl

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Rkv
Ntl

Monthly pass

Regular price

Rkv
Ntl

Fuel prices

Per Litre

Reykjavik
Newcastle

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Rkv
Ntl
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Rkv
Ntl
White bread 500g
Rkv
Ntl
Eggs 12
Rkv
Ntl
White rice 1kg
Rkv
Ntl

Pack of cigarettes

(Marlboro)

Reykjavik
Newcastle

Meat & cheese

Chicken breasts 1kg
Rkv
Ntl
Beef round 1kg
Rkv
Ntl
Local cheese 1kg
Rkv
Ntl

Vegetables

Potatoes 1kg
Rkv
Ntl
Lettuce 1 head
Rkv
Ntl
Tomatoes 1kg
Rkv
Ntl

Fruit

Apples 1kg
Rkv
Ntl
Oranges 1 head
Rkv
Ntl
Bananas 1kg
Rkv
Ntl

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Rkv $4,070.74/mth
Ntl $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Rkv $4,070.74/mth
Ntl $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Reykjavik
4.5%
Newcastle
5.5%

Restaurant Prices in Reykjavik are 17.14% higher than in Newcastle

Drinks

Coke/Pepsi 0.33L
bottle
Rkv $4,070.74/mth
Ntl $4,070.74/mth
Water 0.33L
bottle
Rkv $4,070.74/mth
Ntl $4,070.74/mth
Cappuccino regular
Rkv $4,070.74/mth
Ntl $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Rkv
Ntl
Market 0.5L bottle
Rkv
Ntl

Imported beer

Restaurant 0.33L bottle
Rkv
Ntl
Market 0.33L bottle
Rkv
Ntl

Bottle of wine

Mid-range, from supermarket

Reykjavik
5
Newcastle

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Rkv
Ntl

Summer dress

From a chain store (e.g. Zara, H&M)

Rkv
Ntl

Shoes

1 pair Nike shoes
Rkv
Ntl
1 pair men's leather shoes
Rkv
Ntl

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Reykjavik
$15.33
Newcastle
$11.43

Tennis court rental

One hour on weekend

Rkv $4,070.74/mth
Ntl $4,070.74/mth

Fitness club

Monthly fee for one adult

Rkv $4,070.74/mth
Ntl $4,070.74/mth