Cost of Living in Novi Pazar vs Reykjavik

Cost of living in Novi Pazar is 60% lower than in Reykjavik (without rent).

Rent in Novi Pazar is 87% cheaper than in Reykjavik.

Cost of living including rent in Novi Pazar is 76% lower than in Reykjavik.

Food in Novi Pazar is 61% cheaper than in Reykjavik.

Transport in Novi Pazar is 63% cheaper than in Reykjavik.

Novi Pazar vs. Reykjavik Comparision

Novi Pazar Reykjavik
Cost of Living, including rent
692 $
2,915 $
Without Rent
456 $
1,134 $
Rent & Utilities
236 $
1,781 $
Food
328 $
832 $
Transport
33 $
89 $
Monthly Salary, after tax
470 $
3,918 $
Quality of Life
40
89
Population
66.5K
140.0K

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Novi Pazar Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
9.49 $ 22 $
Dinner, for 2 25.1 $ 125 $
Fast food, McDonalds or KFC 6.51 $ 18.5 $
Beer, 0.5 L or 16 fl oz 1.22 $ 11.1 $
Capuccino 1.28 $ 5.35 $
Coke, 330ml 1.4 $ 3.27 $

Markets

Milk, 1 L or 1 qt 1.64 $ 1.72 $
Bread, 0.5 kg or 1 lb 0.65 $ 3.66 $
Rice, 1 kg or 2 lb 1.87 $ 3.25 $
Eggs, 12 pack 2.73 $ 5.9 $
Cheese, 1 kg or 2 lb 8.93 $ 16 $
Chicken Breast, 1 kg or 2 lb 11.4 $ 21.4 $
Round Steak, 1 kg or 2 lb 12.4 $ 37.6 $
Apples, 1 kg or 2 lb 1.24 $ 3.07 $
Banana, 1 kg or 2 lb 1.78 $ 2.29 $
Oranges, 1 kg or 2 lb 1.6 $ 2.72 $
Potatoes, 1 kg or 2 lb 1.21 $ 3.21 $
Onions, 1 kg or 2 lb 0.93 $ 2.16 $
Water, 1 L or 1 qt 0.44 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.4 $ 2.74 $
Wine, 750 mL bottle 10.9 $ 22 $
Beer, 0.5 L or 16 fl oz 0.9 $ 3.27 $
Cigarette pack 4.69 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 0.94 $ 4.63 $
Monthly pass, Monthly Ticket 20.7 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 1.85 $ 2.29 $
Taxi, 8 km 9.66 $ 24.8 $

Personal Care

Doctor visit, private clinic 20.8 $ 84.7 $
Cold medicine, for 1 week 5.02 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.22 $ 5.36 $
Toilet paper, 4 rolls 1.38 $ 4.68 $
Toothpaste, 1 tube 1.97 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
51.7 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
79.9 $ 68.4 $
Internet plan,
+60 Mbps
26.7 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 139 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 209 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 231 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 359 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,890 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 1,417 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 470 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 5.83 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 22.6 $ 71.8 $
Cinema, 1 seat 7.45 $ 15.1 $
Haircut 3.8 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 109 $ 155 $
Brand Jeans, Levis 501 96.5 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 372 $ 254 $
International Primary School, yearly for 1 child 7,629 $ 6,167 $