Cost of Living in Lake Macquarie vs Reykjavik comparison

$2,574

Lake Macquarie, Australia

Discover Lake Macquarie, a charming Australia city with 71,072 friendly residents and a comfortable median salary of $1991.93. Indulge in delectable meals at local restaurants for just $110, find great bargains at the markets with prices averaging $92, and rest easy knowing that childcare costs around $4820annually. Stay stylish with a budget of $234for clothing, and rent a cozy home for $5161per month. Plus, the city's average salary is $1991.93, ensuring a good quality of life. Experience Dubna, where affordability meets a warm welcome.

$3,946

Reykjavik, Iceland

Explore the enchanting city of Reykjavik, Iceland, home to 128,793 friendly residents and a median salary of $3590.57, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $186, discover incredible deals at markets with average prices of $137, and have peace of mind with childcare costs totaling around $6218annually. Keep your wardrobe stylish on a $458budget and secure a comfortable residence for $8028per month. Additionally, Reykjavik boasts an average salary of $3590.57, ensuring a high quality of life.

restaurant
$ 110
Restaurants
restaurant
$ 186
Restaurants
store
$ 92
Markets
store
$ 137
Markets
child_friendly
$ 4,820
Childcare
child_friendly
$ 6,218
Childcare
checkroom
$ 234
Clothing
checkroom
$ 458
Clothing
night_shelter
$ 5,161
Rent Per Month
night_shelter
$ 8,028
Rent Per Month
account_balance_wallet
$ 1,991
Salaries
account_balance_wallet
$ 3,590
Salaries
Lake Macquarie VS Reykjavik
restaurant

Restaurants

Lake Macquarie

Reykjavik

Difference

Meal, Inexpensive Restaurant

14.94 $ 19.75 $ -24 %

Meal for 2 People, Mid-range Restaurant, Three-course

69.72 $ 122.09 $ -42 %

McMeal at McDonalds (or Equivalent Combo Meal)

8.45 $ 15.8 $ -46 %

Domestic Beer (1 pint draught)

6.97 $ 10.05 $ -30 %

Imported Beer (12 oz small bottle)

2.66 $ 8.62 $ -69 %

Cappuccino (regular)

2.66 $ 4.8 $ -44 %

Coke/Pepsi (12 oz small bottle)

2.21 $ 2.84 $ -22 %

Water (12 oz small bottle)

2.66 $ 2.09 $ 27 %
store

Markets

Lake Macquarie

Reykjavik

Difference

Milk (regular), (1 gallon)

1.36 $ 1.59 $ -14 %

Loaf of Fresh White Bread (1 lb)

1.25 $ 3.63 $ -65 %

Rice (white), (1 lb)

1.36 $ 3.24 $ -58 %

Eggs (regular) (12)

2.72 $ 5.95 $ -54 %

Local Cheese (1 lb)

6.86 $ 15.16 $ -54 %

Chicken Fillets (1 lb)

5.47 $ 19.03 $ -71 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

10.62 $ 29.78 $ -64 %

Apples (1 lb)

2.82 $ 3.22 $ -12 %

Banana (1 lb)

3.68 $ 2.09 $ 76 %

Oranges (1 lb)

3.78 $ 2.71 $ 39 %

Tomato (1 lb)

6.74 $ 4.96 $ 35 %

Potato (1 lb)

1.15 $ 3.01 $ -61 %

Onion (1 lb)

1.33 $ 1.89 $ -29 %

Lettuce (1 head)

1.32 $ 3.13 $ -57 %

Water (1.5 liter bottle)

0.73 $ 2.23 $ -67 %

Bottle of Wine (Mid-Range)

7.3 $ 18.67 $ -60 %

Domestic Beer (0.5 liter bottle)

4.07 $ 3.05 $ 33 %

Imported Beer (12 oz small bottle)

1.33 $ 2.5 $ -46 %

Cigarettes 20 Pack (Marlboro)

28.66 $ 12.02 $ 138 %
commute

Transportation

Lake Macquarie

Reykjavik

Difference

One-way Ticket (Local Transport)

2.09 $ 3.95 $ -47 %

Monthly Pass (Regular Price)

46.48 $ 64.64 $ -28 %

Taxi Start (Normal Tariff)

2.39 $ 5.24 $ -54 %

Taxi 1 mile (Normal Tariff)

1.99 $ 2.5 $ -20 %

Taxi 1hour Waiting (Normal Tariff)

38.64 $ 67.22 $ -42 %

Gasoline (1 gallon)

1.25 $ 2.32 $ -46 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

19919.31 $ 41582.88 $ -52 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

17920.74 $ 43061.62 $ -58 %
mark_as_unread

Utilities (Monthly)

Lake Macquarie

Reykjavik

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

56.44 $ 88.03 $ -35 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

-- -- --

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

43.14 $ 61.63 $ -30 %
kitesurfing

Sports And Leisure

Lake Macquarie

Reykjavik

Difference

Fitness Club, Monthly Fee for 1 Adult

29.88 $ 63.02 $ -52 %

Tennis Court Rent (1 Hour on Weekend)

8.63 $ 28.83 $ -70 %

Cinema, International Release, 1 Seat

9.96 $ 14.36 $ -30 %
child_friendly

Childcare

Lake Macquarie

Reykjavik

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

1555.3 $ 245.37 $ 533 %

International Primary School, Yearly for 1 Child

3265.44 $ 5972.9 $ -45 %
checkroom

Clothing And Shoes

Lake Macquarie

Reykjavik

Difference

1 Pair of Jeans (Levis 501 Or Similar)

68.04 $ 100.38 $ -32 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

26.56 $ 41.94 $ -36 %

1 Pair of Nike Running Shoes (Mid-Range)

56.44 $ 139.0 $ -59 %

1 Pair of Men Leather Business Shoes

83.0 $ 177.29 $ -53 %
night_shelter

Rent Per Month

Lake Macquarie

Reykjavik

Difference

Apartment (1 bedroom) in City Centre

887.41 $ 1747.42 $ -49 %

Apartment (1 bedroom) Outside of Centre

727.72 $ 1522.91 $ -52 %

Apartment (3 bedrooms) in City Centre

2019.49 $ 2553.47 $ -20 %

Apartment (3 bedrooms) Outside of Centre

1527.15 $ 2204.35 $ -30 %
home

Buy Apartment Price

Lake Macquarie

Reykjavik

Difference

Price per Square Feet to Buy Apartment in City Centre

3319.89 $ 6207.4 $ -46 %

Price per Square Feet to Buy Apartment Outside of Centre

1991.93 $ 4835.26 $ -58 %
account_balance_wallet

Salaries And Financing

Lake Macquarie

Reykjavik

Difference

Average Monthly Net Salary (After Tax)

1991.93 $ 3590.57 $ -44 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

4.75 % 7.85 % -39 %