Cost of Living Comparison Between Njardvik and Phuket Cost of Living Comparison Between Njardvik and Phuket

Monthly Cost of Living

Monthly costs for one person with rent: $3,074 in Njardvik versus $1,232 in Phuket.

Estimated couple costs with rent: $4,807 in Njardvik versus $2,255 in Phuket.

Monthly costs for a family of three with rent: $6,541 in Njardvik versus $3,279 in Phuket.

Living in Njardvik is roughly 150% more expensive than Phuket, driven mainly by Groceries & Markets.

The two cities straddle the global median: Njardvik is 130% above, Phuket is 8% below.

Meal at Budget Restaurant

$24.55 ISK 3,006

$4.63 ฿151

430.24%

Three-Course Dinner for Two, Mid-Range

$95.1 ISK 11.6K

$46.84 ฿1,532

102.99%

Fast Food Meal (McDonalds, etc)

$16.24 ISK 1,988

$8.84 ฿289

83.71%

Cappuccino

$6.13 ISK 751

$3.00 ฿98.0

104.33%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.64 ISK 201

$0.74 ฿24.25

121.62%

Water (0.33 liter bottle)

$2.43 ISK 297

$0.37 ฿11.95

556.76%

Local Beer (0.5 liter draught)

$10.35 ISK 1,267

$2.44 ฿79.8

324.18%

Imported Beer (0.33 liter bottle)

$11.45 ISK 1,402

$3.61 ฿118

217.17%

Milk (1 liter)

$1.94 ISK 238

$2.26 ฿73.9

-14.16%

White Bread (500g)

$4.18 ISK 512

$1.84 ฿60.1

127.17%

Rice (white) (1kg)

$3.72 ISK 455

$2.24 ฿73.4

66.07%

Eggs

$6.48 ISK 793

$2.32 ฿75.7

179.31%

Local Cheese (1kg)

$17.99 ISK 2,202

$19.67 ฿643

-8.54%

Chicken Fillets (1kg)

$23.66 ISK 2,897

$3.65 ฿119

548.22%

Beef Round Steak (1kg)

$42.52 ISK 5,207

$13.10 ฿428

224.58%

Apples (1kg)

$3.25 ISK 398

$3.39 ฿111

-4.13%

Banana (1kg)

$2.50 ISK 306

$1.64 ฿53.7

52.44%

Oranges (1kg)

$3.00 ISK 368

$2.41 ฿79.0

24.48%

Tomato (1kg)

$4.92 ISK 603

$2.03 ฿66.4

142.36%

Potato (1kg)

$3.69 ISK 451

$1.56 ฿50.9

136.54%

Onion (1kg)

$2.31 ISK 283

$1.50 ฿48.94

54.00%

Lettuce (1 head)

$3.15 ISK 385

$1.02 ฿33.50

208.82%

Water (1.5 liter bottle)

$2.00 ISK 245

$0.49 ฿16.00

308.16%

Cigarettes 20 Pack (Marlboro, Camel)

$13.51 ISK 1,655

$4.45 ฿145

203.60%

Wine (Bottle)

$23.29 ISK 2,852

$18.88 ฿617

23.36%

Local Beer (0.5 liter bottle)

$3.73 ISK 457

$1.78 ฿58.1

109.55%

Imported Beer (0.33 liter bottle)

$3.26 ISK 399

$2.75 ฿90.1

18.55%

One-way Ticket (Public Transport)

$1.40 ฿45.81

Public Transport Monthly Pass (Regular Price)

$11.48 ฿376

Taxi Start (Normal Tariff)

$6.23 ISK 762

$3.12 ฿102

99.68%

Taxi (Normal Tariff) (1km)

$2.57 ISK 315

$1.00 ฿32.67

157.00%

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 10.7K

$14.09 ฿461

521.93%

Gasoline (1 liter)

$2.45 ISK 300

$1.35 ฿44.19

81.48%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$47.5K ISK 5.8M

$27.2K ฿888.9K

74.64%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$51.3K ISK 6.3M

$32.9K ฿1.1M

55.80%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$87.6 ISK 10.7K

$125 ฿4,087

-29.91%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.85 ISK 3,409

$13.57 ฿444

105.23%

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.5K

$18.52 ฿606

364.52%

Gym Membership (Monthly)

$79.0 ISK 9,671

$61.5 ฿2,010

28.48%

Tennis Court (1 Hour on Weekend)

$16.84 ฿551

Cinema Ticket

$17.41 ISK 2,131

$9.19 ฿300

89.45%

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

$315 ISK 38.6K

$698 ฿22.8K

-54.89%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.7M

$15.6K ฿509.9K

95.25%

Jeans (Levis 501 Or Similar)

$119 ISK 14.5K

$57.8 ฿1,889

105.35%

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,505

$35.24 ฿1,152

73.95%

Sport Shoes (Adidas, Nike)

$181 ISK 22.2K

$113 ฿3,699

60.32%

Men's Leather Business Shoes

$269 ISK 32.9K

$86.4 ฿2,825

211.29%

1-bedroom Apartment, City Center (Monthly)

$616 ฿20.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,456 ISK 178.3K

$446 ฿14.6K

226.50%

3-bedroom Apartment, City Center (Monthly)

$2,048 ฿67.0K

3-bedroom Apartment, Outside City Center (Monthly)

$2,643 ISK 323.7K

$1,492 ฿48.8K

77.16%

Buy Apartment in City Center (m2)

$3,779 ฿123.6K

Buy Apartment Outside City Center (m2)

$2,649 ฿86.6K

Average Monthly Net Salary (After Tax)

$3,981 ISK 487.5K

$524 ฿17.1K

660.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

5.33

80.68%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Njardvik: April 27, 2026

Last update for Phuket: April 27, 2026

Cost Breakdown

Njardvik pays 660% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $95.0 in Njardvik vs $47.00 in Phuket for a mid-range dinner for two. Groceries echo the gap at $594 vs $292 per month, with Phuket cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Njardvik vs Phuket: Cost of Living - Frequently Asked Questions

Phuket is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Monthly Utilities & Internet, Sport & Entertainment. The 150% gap adds up to real monthly savings that compound significantly over time.

Njardvik pays 660% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 103% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,074 per month in Njardvik versus $1,232 in Phuket – a 150% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,232 in Phuket versus $3,074 in Njardvik, a $1,500 budget is realistic in Phuket but tight or insufficient in Njardvik. The gap between the two cities makes Phuket the clear choice for anyone on this budget.

For families, Phuket is more practical. Housing and childcare are both notably cheaper than in Njardvik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Njardvik and Phuket are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Phuket gentler on the wallet – expenses run 150% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.