Last update: Nov 2026

Cost of Living Comparison Between Njardvik and Phuket

For one person, living is cheaper in Phuket: $1,294 a month against $3,133 in Njardvik, rent and utilities included – about $22,100 less a year. Rent and utilities account for about half of the difference.

151

Cost of Living Index in Njardvik
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Njardvik Living Index
62

Cost of Living Index in Phuket
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Phuket Living Index

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Njardvik

🇮🇸 Iceland

$3,133

/mo nomad

Phuket

🇹🇭 Thailand

$1,294

/mo nomad

Monthly Cost of Living

How much you'll spend in Njardvik and in Phuket

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Njardvik and in Phuket actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,133 in Njardvik versus $1,294 in Phuket.

Njardvik $3,133
Phuket $1,294

Estimated couple costs with rent: $4,864 in Njardvik versus $2,204 in Phuket.

Njardvik $4,864
Phuket $2,204

Monthly costs for a family of three with rent: $6,596 in Njardvik versus $3,115 in Phuket.

Njardvik $6,596
Phuket $3,115

Living in Njardvik is roughly 142% more expensive than in Phuket, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Njardvik is 132% above, Phuket is 4% below.

Meal at Budget Restaurant

$24.20 ISK 2,940

$4.39 ฿148

451.25%

Three-Course Dinner for Two, Mid-Range

$98.4 ISK 12.0K

$32.31 ฿1,086

204.46%

Fast Food Meal (McDonalds, etc)

$16.27 ISK 1,977

$8.70 ฿293

87.01%

Cappuccino

$6.46 ISK 784

$2.72 ฿91.6

137.50%

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

$1.61 ISK 195

$0.93 ฿31.28

73.12%

Water (0.33 liter bottle)

$2.41 ISK 292

$0.50 ฿16.79

382.00%

Local Beer (0.5 liter draught)

$10.53 ISK 1,280

$2.53 ฿85.1

316.21%

Imported Beer (0.33 liter bottle)

$12.43 ISK 1,510

$3.63 ฿122

242.42%

Milk (1 liter)

$2.12 ISK 258

$1.74 ฿58.5

21.84%

White Bread (500g)

$4.24 ISK 515

$1.45 ฿48.77

192.41%

Rice (white) (1kg)

$3.64 ISK 443

$1.50 ฿50.5

142.67%

Eggs

$7.20 ISK 875

$2.17 ฿73.0

231.80%

Local Cheese (1kg)

$21.85 ISK 2,655

$19.09 ฿642

14.46%

Chicken Fillets (1kg)

$24.79 ISK 3,012

$3.40 ฿114

629.12%

Beef Round Steak (1kg)

$41.37 ISK 5,027

$10.90 ฿366

279.54%

Apples (1kg)

$3.40 ISK 413

$2.94 ฿98.9

15.65%

Banana (1kg)

$2.85 ISK 347

$1.69 ฿56.9

68.64%

Oranges (1kg)

$3.13 ISK 381

$2.19 ฿73.8

42.92%

Tomato (1kg)

$6.54 ISK 795

$2.12 ฿71.4

208.49%

Potato (1kg)

$3.95 ISK 480

$1.46 ฿49.03

170.55%

Onion (1kg)

$1.68 ISK 205

$1.37 ฿45.99

22.63%

Lettuce (1 head)

$3.75 ISK 456

$1.08 ฿36.17

247.22%

Water (1.5 liter bottle)

$1.84 ISK 224

$0.55 ฿18.34

234.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.70 ISK 1,665

$4.43 ฿149

209.26%

Wine (Bottle)

$23.83 ISK 2,896

$18.25 ฿614

30.58%

Local Beer (0.5 liter bottle)

$3.61 ISK 439

$1.77 ฿59.6

103.95%

Imported Beer (0.33 liter bottle)

$3.35 ISK 407

$2.88 ฿96.8

16.32%

One-way Ticket (Public Transport)

$1.45 ฿48.66

Public Transport Monthly Pass (Regular Price)

$54.9 ฿1,845

Taxi Start (Normal Tariff)

$6.57 ISK 799

$1.51 ฿50.9

335.10%

Taxi (Normal Tariff) (1km)

$2.87 ISK 349

$0.78 ฿26.08

267.95%

Taxi 1hour Waiting (Normal Tariff)

$81.0 ISK 9,846

$3.84 ฿129

2010.42%

Gasoline (1 liter)

$2.05 ISK 249

$1.49 ฿50.0

37.58%

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

$67.8K ISK 8.2M

$26.9K ฿903.7K

152.08%

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

$56.3K ISK 6.8M

$26.3K ฿885.7K

113.60%

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

$96.1 ISK 11.7K

$97.8 ฿3,288

-1.76%

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

$32.14 ISK 3,905

$11.29 ฿380

184.68%

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

$17.19 ฿578

396.57%

Gym Membership (Monthly)

$80.6 ISK 9,793

$68.3 ฿2,297

17.96%

Tennis Court (1 Hour on Weekend)

$10.92 ฿367

Cinema Ticket

$19.99 ISK 2,429

$7.43 ฿250

169.04%

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

$1,198 ISK 145.5K

$530 ฿17.8K

125.76%

International Primary School, 1 Child (Yearly)

$26.0K ISK 3.2M

$18.8K ฿631.4K

38.57%

Jeans (Levis 501 Or Similar)

$122 ISK 14.8K

$61.7 ฿2,073

97.18%

Summer Dress (H&M, Zara, etc)

$66.7 ISK 8,106

$28.25 ฿950

136.18%

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

$96.0 ฿3,228

90.63%

Men's Leather Business Shoes

$247 ISK 30.0K

$86.8 ฿2,919

184.49%

1-bedroom Apartment, City Center (Monthly)

$721 ฿24.2K

1-bedroom Apartment, Outside City Center (Monthly)

$1,462 ISK 177.6K

$509 ฿17.1K

187.26%

3-bedroom Apartment, City Center (Monthly)

$1,950 ฿65.6K

3-bedroom Apartment, Outside City Center (Monthly)

$2,674 ISK 324.9K

$1,397 ฿47.0K

91.47%

Buy Apartment in City Center (m2)

$4,192 ฿140.9K

Buy Apartment Outside City Center (m2)

$3,298 ฿110.9K

Average Monthly Net Salary (After Tax)

$4,080 ISK 495.7K

$492 ฿16.5K

729.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

5.57

58.17%

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

Last update for Njardvik: November 1, 2026

Last update for Phuket: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Njardvik

$1.5K 46.7%

Phuket

$509 39.3% 65.2% $953

Groceries & Markets

Njardvik

$625 19.9%

Phuket

$267 20.6% 57.3% $358

Eating Out

Njardvik

$413 13.2%

Phuket

$120 9.2% 71.1% $294

Clothing & Footwear

Njardvik

$278 8.9%

Phuket

$123 9.5% 55.9% $156

Monthly Utilities & Internet

Njardvik

$214 6.8%

Phuket

$126 9.8% 40.9% $87

Sport & Entertainment

Njardvik

$121 3.9%

Phuket

$83 6.4% 31% $37

Getting Around

Njardvik

$21 * 0.7%

Phuket

$66 5.1% 216% $45

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Njardvik pays about 8.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $98 in Njardvik vs $32 in Phuket for a mid-range dinner for two. Groceries echo the gap at $625 vs $267 per month, with Phuket cheaper across the board.

Good to know

🇮🇸 Njardvik

🇹🇭 Phuket

🕒 Local time

15:01 3:01 PM

22:01 10:01 PM

7 h ahead of Njardvik

🌤 Weather

👥 Population

6,000

79,308

💱 Currency

Icelandic Króna ISK kr

Thai Baht THB ฿

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.34 EUR

100 THB = 2.97 USD

100 THB = 2.65 EUR

Exchange rates and currency converter

THB, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.34 EUR).

Thai Baht exchange rates as of November 4, 2026: 1 USD = 33.62 THB (100 THB = 2.97 USD). 1 EUR = 37.69 THB (100 THB = 2.65 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Njardvik Phuket 10,650 km ≈ 14 h nonstop flight

From you

Njardvik
Phuket

Distances are measured in a straight line. Your location is detected approximately.

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 about 59% cheaper overall, especially in groceries, eating out, and clothing. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Njardvik is about 8.3 times higher, 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 134% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $3,133 per month in Njardvik versus $1,294 in Phuket – Phuket is about 59% cheaper, which adds up to real savings over time.

At $1,294 in Phuket versus $3,133 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.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Njardvik and Phuket are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Phuket wins on affordability, Njardvik on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.