Cost of Living in Reykjavik vs Newmarket, ON comparison

$3,946

Reykjavik, Iceland

Discover Reykjavik, a charming Iceland city with 128,793 friendly residents and a comfortable median salary of $3590.57. Indulge in delectable meals at local restaurants for just $186, find great bargains at the markets with prices averaging $137, and rest easy knowing that childcare costs around $6218annually. Stay stylish with a budget of $458for clothing, and rent a cozy home for $8028per month. Plus, the city's average salary is $3590.57, ensuring a good quality of life. Experience Dubna, where affordability meets a warm welcome.

$3,655

Newmarket, ON, Canada

Explore the enchanting city of Newmarket, ON, Canada, home to 84,224 friendly residents and a median salary of $2413.19, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $109, discover incredible deals at markets with average prices of $107, and have peace of mind with childcare costs totaling around $37297annually. Keep your wardrobe stylish on a $293budget and secure a comfortable residence for $7544per month. Additionally, Newmarket, ON boasts an average salary of $2413.19, ensuring a high quality of life.

restaurant
$ 186
Restaurants
restaurant
$ 109
Restaurants
store
$ 137
Markets
store
$ 107
Markets
child_friendly
$ 6,218
Childcare
child_friendly
$ 37,297
Childcare
checkroom
$ 458
Clothing
checkroom
$ 293
Clothing
night_shelter
$ 8,028
Rent Per Month
night_shelter
$ 7,544
Rent Per Month
account_balance_wallet
$ 3,590
Salaries
account_balance_wallet
$ 2,413
Salaries
Reykjavik VS Newmarket, ON
restaurant

Restaurants

Reykjavik

Newmarket, ON

Difference

Meal, Inexpensive Restaurant

19.75 $ 18.47 $ 6 %

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

122.09 $ 62.79 $ 94 %

McMeal at McDonalds (or Equivalent Combo Meal)

15.8 $ 11.08 $ 42 %

Domestic Beer (1 pint draught)

10.05 $ 5.17 $ 94 %

Imported Beer (12 oz small bottle)

8.62 $ 5.54 $ 55 %

Cappuccino (regular)

4.8 $ 2.77 $ 73 %

Coke/Pepsi (12 oz small bottle)

2.84 $ 1.85 $ 53 %

Water (12 oz small bottle)

2.09 $ 1.4 $ 49 %
store

Markets

Reykjavik

Newmarket, ON

Difference

Milk (regular), (1 gallon)

1.59 $ 1.8 $ -11 %

Loaf of Fresh White Bread (1 lb)

3.63 $ 2.3 $ 57 %

Rice (white), (1 lb)

3.24 $ 3.45 $ -6 %

Eggs (regular) (12)

5.95 $ 3.78 $ 57 %

Local Cheese (1 lb)

15.16 $ 7.39 $ 105 %

Chicken Fillets (1 lb)

19.03 $ 13.48 $ 41 %

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

29.78 $ 16.25 $ 83 %

Apples (1 lb)

3.22 $ 6.61 $ -51 %

Banana (1 lb)

2.09 $ 1.88 $ 11 %

Oranges (1 lb)

2.71 $ 5.24 $ -48 %

Tomato (1 lb)

4.96 $ 4.91 $ 1 %

Potato (1 lb)

3.01 $ 2.71 $ 11 %

Onion (1 lb)

1.89 $ 2.95 $ -35 %

Lettuce (1 head)

3.13 $ 2.95 $ 6 %

Water (1.5 liter bottle)

2.23 $ 1.85 $ 20 %

Bottle of Wine (Mid-Range)

18.67 $ 11.08 $ 68 %

Domestic Beer (0.5 liter bottle)

3.05 $ 2.43 $ 25 %

Imported Beer (12 oz small bottle)

2.5 $ 2.77 $ -9 %

Cigarettes 20 Pack (Marlboro)

12.02 $ 13.3 $ -9 %
commute

Transportation

Reykjavik

Newmarket, ON

Difference

One-way Ticket (Local Transport)

3.95 $ 3.05 $ 29 %

Monthly Pass (Regular Price)

64.64 $ 110.81 $ -41 %

Taxi Start (Normal Tariff)

5.24 $ 2.95 $ 77 %

Taxi 1 mile (Normal Tariff)

2.5 $ 2.22 $ 12 %

Taxi 1hour Waiting (Normal Tariff)

67.22 $ 29.55 $ 127 %

Gasoline (1 gallon)

2.32 $ 1.13 $ 105 %

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

41582.88 $ 22161.94 $ 87 %

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

43061.62 $ 19945.75 $ 115 %
mark_as_unread

Utilities (Monthly)

Reykjavik

Newmarket, ON

Difference

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

88.03 $ 252.94 $ -65 %

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

-- -- --

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

61.63 $ 64.64 $ -4 %
kitesurfing

Sports And Leisure

Reykjavik

Newmarket, ON

Difference

Fitness Club, Monthly Fee for 1 Adult

63.02 $ 39.4 $ 59 %

Tennis Court Rent (1 Hour on Weekend)

28.83 $ 25.86 $ 11 %

Cinema, International Release, 1 Seat

14.36 $ 11.08 $ 29 %
child_friendly

Childcare

Reykjavik

Newmarket, ON

Difference

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

245.37 $ 1646.14 $ -85 %

International Primary School, Yearly for 1 Child

5972.9 $ 35651.18 $ -83 %
checkroom

Clothing And Shoes

Reykjavik

Newmarket, ON

Difference

1 Pair of Jeans (Levis 501 Or Similar)

100.38 $ 46.79 $ 114 %

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

41.94 $ 30.78 $ 36 %

1 Pair of Nike Running Shoes (Mid-Range)

139.0 $ 81.26 $ 71 %

1 Pair of Men Leather Business Shoes

177.29 $ 134.82 $ 31 %
night_shelter

Rent Per Month

Reykjavik

Newmarket, ON

Difference

Apartment (1 bedroom) in City Centre

1747.42 $ 1637.52 $ 6 %

Apartment (1 bedroom) Outside of Centre

1522.91 $ 1579.04 $ -3 %

Apartment (3 bedrooms) in City Centre

2553.47 $ 2314.69 $ 10 %

Apartment (3 bedrooms) Outside of Centre

2204.35 $ 2013.04 $ 9 %
home

Buy Apartment Price

Reykjavik

Newmarket, ON

Difference

Price per Square Feet to Buy Apartment in City Centre

6207.4 $ 3693.66 $ 68 %

Price per Square Feet to Buy Apartment Outside of Centre

4835.26 $ 2585.56 $ 87 %
account_balance_wallet

Salaries And Financing

Reykjavik

Newmarket, ON

Difference

Average Monthly Net Salary (After Tax)

3590.57 $ 2413.19 $ 48 %

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

7.85 % 5.39 % 45 %