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: $3,061 in Njardvik versus $1,261 in Phuket.

Estimated couple costs with rent: $4,716 in Njardvik versus $2,286 in Phuket.

Monthly costs for a family of three with rent: $6,371 in Njardvik versus $3,310 in Phuket.

Living in Njardvik is roughly 143% more expensive than Phuket, driven mainly by Groceries & Markets.

The two cities straddle the global median: Njardvik is 128% above, Phuket is 6% below.

Meal at Budget Restaurant

$24.24 ISK 3,018

$4.56 ฿149

431.58%

Three-Course Dinner for Two, Mid-Range

$95.0 ISK 11.8K

$46.63 ฿1,519

103.69%

Fast Food Meal (McDonalds, etc)

$16.37 ISK 2,038

$8.47 ฿276

93.27%

Cappuccino

$5.97 ISK 743

$3.03 ฿98.6

97.03%

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

$1.63 ISK 203

$0.69 ฿22.45

136.23%

Water (0.33 liter bottle)

$2.33 ISK 290

$0.37 ฿11.92

529.73%

Local Beer (0.5 liter draught)

$10.46 ISK 1,303

$2.49 ฿81.0

320.08%

Imported Beer (0.33 liter bottle)

$11.41 ISK 1,420

$3.66 ฿119

211.75%

Milk (1 liter)

$1.93 ISK 241

$2.18 ฿71.0

-11.47%

White Bread (500g)

$4.35 ISK 541

$1.90 ฿62.0

128.95%

Rice (white) (1kg)

$3.71 ISK 462

$2.20 ฿71.6

68.64%

Eggs

$6.32 ISK 787

$2.22 ฿72.4

184.68%

Local Cheese (1kg)

$18.26 ISK 2,273

$19.99 ฿651

-8.65%

Chicken Fillets (1kg)

$24.23 ISK 3,016

$3.66 ฿119

562.02%

Beef Round Steak (1kg)

$42.48 ISK 5,289

$13.25 ฿432

220.60%

Apples (1kg)

$3.32 ISK 413

$3.23 ฿105

2.79%

Banana (1kg)

$2.49 ISK 310

$1.70 ฿55.3

46.47%

Oranges (1kg)

$2.97 ISK 370

$2.39 ฿78.0

24.27%

Tomato (1kg)

$5.02 ISK 625

$2.08 ฿67.7

141.35%

Potato (1kg)

$3.52 ISK 438

$1.59 ฿51.8

121.38%

Onion (1kg)

$2.41 ISK 300

$1.48 ฿48.31

62.84%

Lettuce (1 head)

$3.10 ISK 386

$1.03 ฿33.54

200.97%

Water (1.5 liter bottle)

$2.00 ISK 249

$0.52 ฿16.83

284.62%

Cigarettes 20 Pack (Marlboro, Camel)

$13.52 ISK 1,683

$4.25 ฿138

218.12%

Wine (Bottle)

$23.74 ISK 2,956

$18.79 ฿612

26.34%

Local Beer (0.5 liter bottle)

$3.74 ISK 465

$1.76 ฿57.2

112.50%

Imported Beer (0.33 liter bottle)

$3.30 ISK 411

$2.76 ฿89.8

19.57%

One-way Ticket (Public Transport)

$1.36 ฿44.32

Public Transport Monthly Pass (Regular Price)

$11.36 ฿370

Taxi Start (Normal Tariff)

$6.48 ISK 807

$3.14 ฿102

106.37%

Taxi (Normal Tariff) (1km)

$2.63 ISK 327

$1.04 ฿33.74

152.88%

Taxi 1hour Waiting (Normal Tariff)

$87.2 ISK 10.9K

$13.77 ฿448

533.12%

Gasoline (1 liter)

$2.56 ISK 319

$1.34 ฿43.79

91.04%

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

$46.5K ISK 5.8M

$27.7K ฿901.4K

68.11%

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

$52.4K ISK 6.5M

$33.9K ฿1.1M

54.72%

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

$86.2 ISK 10.7K

$124 ฿4,025

-30.25%

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

$27.96 ISK 3,481

$13.52 ฿440

106.80%

Internet (50+ Mbps, Unlimited Data)

$85.9 ISK 10.7K

$18.69 ฿609

359.76%

Gym Membership (Monthly)

$81.3 ISK 10.1K

$61.8 ฿2,013

31.43%

Tennis Court (1 Hour on Weekend)

$17.25 ฿562

Cinema Ticket

$17.85 ISK 2,223

$9.14 ฿298

95.30%

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

$323 ISK 40.2K

$703 ฿22.9K

-54.09%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$15.9K ฿517.0K

88.12%

Jeans (Levis 501 Or Similar)

$120 ISK 14.9K

$59.5 ฿1,937

101.85%

Summer Dress (H&M, Zara, etc)

$62.7 ISK 7,810

$35.07 ฿1,142

78.87%

Sport Shoes (Adidas, Nike)

$185 ISK 23.0K

$115 ฿3,754

60.41%

Men's Leather Business Shoes

$264 ISK 32.9K

$84.1 ฿2,737

214.24%

1-bedroom Apartment, City Center (Monthly)

$619 ฿20.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,459 ISK 181.7K

$433 ฿14.1K

237.32%

3-bedroom Apartment, City Center (Monthly)

$2,062 ฿67.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,667 ISK 332.0K

$1,511 ฿49.2K

76.48%

Buy Apartment in City Center (m2)

$3,646 ฿118.7K

Buy Apartment Outside City Center (m2)

$2,626 ฿85.5K

Average Monthly Net Salary (After Tax)

$3,931 ISK 489.4K

$507 ฿16.5K

675.37%

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: June 8, 2026

Last update for Phuket: June 7, 2026

Cost Breakdown

Njardvik pays 675% 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 $599 vs $293 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, Sport & Entertainment, Monthly Utilities & Internet. The 143% gap adds up to real monthly savings that compound significantly over time.

Njardvik pays 675% 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 105% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,061 per month in Njardvik versus $1,261 in Phuket – a 143% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,261 in Phuket versus $3,061 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 143% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.