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Reykjavik vs Newcastle
Rkv vs Ntl

Average net salary (After tax)

Newcastle
Reykjavik

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Ntl
Rkv
Outside city centre
Ntl
Rkv

Rent 3 bedroom apartment

Cost per month

In city centre
Ntl
Rkv
Outside city centre
Ntl
Rkv

Buy apartment

Price per m2

In city centre
Ntl
Rkv
Outside city centre
Ntl
Rkv

Mortgage rates

Newcastle
4.5%
Reykjavik
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Newcastle
Reykjavik

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Ntl
Rkv

Mobile phone data

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

Ntl
Rkv

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Ntl
Rkv

Monthly pass

Regular price

Ntl
Rkv

Fuel prices

Per Litre

Newcastle
Reykjavik

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Ntl
Rkv
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Newcastle
Reykjavik

Meat & cheese

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

Vegetables

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

Fruit

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

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Newcastle
4.5%
Reykjavik
5.5%

Restaurant Prices in Newcastle are 17.14% higher than in Reykjavik

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

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

Imported beer

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

Bottle of wine

Mid-range, from supermarket

Newcastle
5
Reykjavik

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Ntl
Rkv

Summer dress

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

Ntl
Rkv

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Newcastle
$15.33
Reykjavik
$11.43

Tennis court rental

One hour on weekend

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

Fitness club

Monthly fee for one adult

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