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: $3,130 in Njardvik versus $1,232 in Phuket.

Estimated couple costs with rent: $4,952 in Njardvik versus $2,054 in Phuket.

Monthly costs for a family of three with rent: $6,774 in Njardvik versus $2,876 in Phuket.

Living in Njardvik is roughly 154% more expensive than in Phuket, driven mainly by Groceries & Markets.

The two cities straddle the global median: Njardvik is 129% above, Phuket is 10% below.

Meal at Budget Restaurant

$25.22 ISK 3,058

$4.41 ฿147

471.88%

Three-Course Dinner for Two, Mid-Range

$98.6 ISK 12.0K

$32.26 ฿1,074

205.52%

Fast Food Meal (McDonalds, etc)

$16.48 ISK 1,998

$8.93 ฿297

84.55%

Cappuccino

$6.49 ISK 787

$2.90 ฿96.4

123.79%

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

$1.67 ISK 202

$0.88 ฿29.30

89.77%

Water (0.33 liter bottle)

$2.50 ISK 303

$0.48 ฿16.01

420.83%

Local Beer (0.5 liter draught)

$10.65 ISK 1,292

$2.35 ฿78.3

353.19%

Imported Beer (0.33 liter bottle)

$12.59 ISK 1,527

$3.72 ฿124

238.44%

Milk (1 liter)

$2.03 ISK 246

$1.87 ฿62.1

8.56%

White Bread (500g)

$4.34 ISK 526

$1.47 ฿48.81

195.24%

Rice (white) (1kg)

$3.55 ISK 431

$1.55 ฿51.7

129.03%

Eggs

$7.17 ISK 870

$2.10 ฿70.0

241.43%

Local Cheese (1kg)

$21.03 ISK 2,551

$19.59 ฿652

7.35%

Chicken Fillets (1kg)

$25.01 ISK 3,033

$3.42 ฿114

631.29%

Beef Round Steak (1kg)

$42.55 ISK 5,160

$11.38 ฿379

273.90%

Apples (1kg)

$3.46 ISK 420

$2.98 ฿99.3

16.11%

Banana (1kg)

$2.85 ISK 346

$1.68 ฿56.1

69.64%

Oranges (1kg)

$3.32 ISK 402

$2.21 ฿73.5

50.23%

Tomato (1kg)

$6.51 ISK 789

$2.16 ฿72.0

201.39%

Potato (1kg)

$4.14 ISK 502

$1.52 ฿50.8

172.37%

Onion (1kg)

$1.63 ISK 198

$1.34 ฿44.55

21.64%

Lettuce (1 head)

$3.68 ISK 446

$1.13 ฿37.57

225.66%

Water (1.5 liter bottle)

$1.81 ISK 220

$0.55 ฿18.19

229.09%

Cigarettes 20 Pack (Marlboro, Camel)

$13.87 ISK 1,681

$4.26 ฿142

225.59%

Wine (Bottle)

$23.74 ISK 2,879

$19.09 ฿635

24.36%

Local Beer (0.5 liter bottle)

$3.80 ISK 461

$1.78 ฿59.2

113.48%

Imported Beer (0.33 liter bottle)

$3.39 ISK 411

$2.78 ฿92.6

21.94%

One-way Ticket (Public Transport)

$2.23 ฿74.2

Public Transport Monthly Pass (Regular Price)

$22.74 ฿757

Taxi Start (Normal Tariff)

$6.77 ISK 821

$3.03 ฿101

123.43%

Taxi (Normal Tariff) (1km)

$2.93 ISK 356

$1.02 ฿34.06

187.25%

Taxi 1hour Waiting (Normal Tariff)

$75.4 ISK 9,138

$3.89 ฿130

1837.02%

Gasoline (1 liter)

$2.04 ISK 247

$1.49 ฿49.63

36.91%

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

$51.0K ISK 6.2M

$26.6K ฿884.9K

91.91%

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

$54.1K ISK 6.6M

$27.0K ฿899.8K

100.07%

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

$89.9 ISK 10.9K

$102 ฿3,411

-12.27%

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

$32.46 ISK 3,936

$11.33 ฿377

186.50%

Internet (50+ Mbps, Unlimited Data)

$86.1 ISK 10.4K

$17.40 ฿579

394.83%

Gym Membership (Monthly)

$82.1 ISK 9,953

$52.1 ฿1,734

57.60%

Tennis Court (1 Hour on Weekend)

$11.07 ฿369

Cinema Ticket

$19.92 ISK 2,415

$7.69 ฿256

159.04%

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

$1,196 ISK 145.0K

$561 ฿18.7K

113.33%

International Primary School, 1 Child (Yearly)

$30.8K ISK 3.7M

$11.5K ฿383.0K

167.88%

Jeans (Levis 501 Or Similar)

$125 ISK 15.2K

$63.0 ฿2,098

98.89%

Summer Dress (H&M, Zara, etc)

$65.6 ISK 7,951

$29.52 ฿983

122.12%

Sport Shoes (Adidas, Nike)

$177 ISK 21.5K

$98.0 ฿3,263

80.50%

Men's Leather Business Shoes

$251 ISK 30.5K

$88.5 ฿2,946

183.75%

1-bedroom Apartment, City Center (Monthly)

$738 ฿24.6K

1-bedroom Apartment, Outside City Center (Monthly)

$1,463 ISK 177.5K

$482 ฿16.1K

203.39%

3-bedroom Apartment, City Center (Monthly)

$2,107 ฿70.1K

3-bedroom Apartment, Outside City Center (Monthly)

$2,733 ISK 331.4K

$1,226 ฿40.8K

122.94%

Buy Apartment in City Center (m2)

$3,617 ฿120.4K

Buy Apartment Outside City Center (m2)

$2,603 ฿86.7K

Average Monthly Net Salary (After Tax)

$4,099 ISK 497.0K

$494 ฿16.4K

730.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

5.57

59.43%

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

Last update for Njardvik: September 15, 2026

Last update for Phuket: September 15, 2026

Cost Breakdown

Njardvik pays 730% 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: $99.0 in Njardvik vs $32.00 in Phuket for a mid-range dinner for two. Groceries echo the gap at $628 vs $274 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 154% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 730% higher in Njardvik, 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 130% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,130 per month in Njardvik versus $1,232 in Phuket – a 154% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,232 in Phuket versus $3,130 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 154% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.