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: $3,084 in Njardvik versus $1,264 in Phuket.

Estimated couple costs with rent: $4,824 in Njardvik versus $2,256 in Phuket.

Monthly costs for a family of three with rent: $6,564 in Njardvik versus $3,248 in Phuket.

Living in Njardvik is roughly 144% more expensive than in Phuket, driven mainly by Groceries & Markets.

The two cities straddle the global median: Njardvik is 132% above, Phuket is 5% below.

Meal at Budget Restaurant

$23.99 ISK 2,965

$4.48 ฿150

435.49%

Three-Course Dinner for Two, Mid-Range

$97.5 ISK 12.1K

$45.59 ฿1,521

113.95%

Fast Food Meal (McDonalds, etc)

$16.12 ISK 1,993

$8.76 ฿292

84.02%

Cappuccino

$6.07 ISK 751

$2.97 ฿99.0

104.38%

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

$1.63 ISK 202

$0.69 ฿22.90

136.23%

Water (0.33 liter bottle)

$2.43 ISK 301

$0.39 ฿13.04

523.08%

Local Beer (0.5 liter draught)

$10.60 ISK 1,310

$2.53 ฿84.4

318.97%

Imported Beer (0.33 liter bottle)

$11.11 ISK 1,373

$3.75 ฿125

196.27%

Milk (1 liter)

$1.86 ISK 230

$2.15 ฿71.6

-13.49%

White Bread (500g)

$4.19 ISK 518

$1.82 ฿60.6

130.22%

Rice (white) (1kg)

$3.56 ISK 440

$2.18 ฿72.9

63.30%

Eggs

$6.29 ISK 777

$2.25 ฿75.0

179.56%

Local Cheese (1kg)

$18.07 ISK 2,233

$20.00 ฿667

-9.65%

Chicken Fillets (1kg)

$23.80 ISK 2,941

$3.63 ฿121

555.65%

Beef Round Steak (1kg)

$42.65 ISK 5,272

$13.56 ฿452

214.53%

Apples (1kg)

$3.30 ISK 408

$3.24 ฿108

1.85%

Banana (1kg)

$2.41 ISK 298

$1.64 ฿54.6

46.95%

Oranges (1kg)

$2.96 ISK 366

$2.33 ฿77.8

27.04%

Tomato (1kg)

$5.14 ISK 636

$2.07 ฿69.1

148.31%

Potato (1kg)

$3.51 ISK 434

$1.55 ฿51.6

126.45%

Onion (1kg)

$2.44 ISK 302

$1.46 ฿48.54

67.12%

Lettuce (1 head)

$3.18 ISK 393

$0.98 ฿32.86

224.49%

Water (1.5 liter bottle)

$1.94 ISK 240

$0.48 ฿16.09

304.17%

Cigarettes 20 Pack (Marlboro, Camel)

$13.76 ISK 1,701

$4.35 ฿145

216.32%

Wine (Bottle)

$23.07 ISK 2,851

$18.57 ฿620

24.23%

Local Beer (0.5 liter bottle)

$3.68 ISK 455

$1.86 ฿61.9

97.85%

Imported Beer (0.33 liter bottle)

$3.38 ISK 417

$2.65 ฿88.6

27.55%

One-way Ticket (Public Transport)

$1.42 ฿47.28

Public Transport Monthly Pass (Regular Price)

$11.57 ฿386

Taxi Start (Normal Tariff)

$6.47 ISK 800

$3.17 ฿106

104.10%

Taxi (Normal Tariff) (1km)

$2.54 ISK 314

$1.03 ฿34.41

146.60%

Taxi 1hour Waiting (Normal Tariff)

$85.6 ISK 10.6K

$13.89 ฿463

516.56%

Gasoline (1 liter)

$2.56 ISK 317

$1.34 ฿44.84

91.04%

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

$46.9K ISK 5.8M

$27.8K ฿927.1K

68.69%

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

$52.4K ISK 6.5M

$33.4K ฿1.1M

57.08%

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

$86.4 ISK 10.7K

$123 ฿4,105

-29.83%

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

$27.25 ISK 3,368

$13.77 ฿459

97.89%

Internet (50+ Mbps, Unlimited Data)

$86.4 ISK 10.7K

$18.33 ฿611

371.47%

Gym Membership (Monthly)

$79.4 ISK 9,814

$60.7 ฿2,025

30.83%

Tennis Court (1 Hour on Weekend)

$17.16 ฿573

Cinema Ticket

$17.27 ISK 2,134

$8.87 ฿296

94.70%

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

$325 ISK 40.2K

$688 ฿22.9K

-52.73%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$15.8K ฿526.4K

88.96%

Jeans (Levis 501 Or Similar)

$123 ISK 15.1K

$59.3 ฿1,978

106.58%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,540

$34.69 ฿1,157

75.87%

Sport Shoes (Adidas, Nike)

$183 ISK 22.6K

$115 ฿3,843

58.92%

Men's Leather Business Shoes

$268 ISK 33.1K

$83.8 ฿2,794

219.69%

1-bedroom Apartment, City Center (Monthly)

$621 ฿20.7K

1-bedroom Apartment, Outside City Center (Monthly)

$1,466 ISK 181.1K

$446 ฿14.9K

228.59%

3-bedroom Apartment, City Center (Monthly)

$2,034 ฿67.8K

3-bedroom Apartment, Outside City Center (Monthly)

$2,609 ISK 322.5K

$1,496 ฿49.9K

74.42%

Buy Apartment in City Center (m2)

$3,455 ฿115.3K

Buy Apartment Outside City Center (m2)

$2,531 ฿84.4K

Average Monthly Net Salary (After Tax)

$3,915 ISK 483.9K

$494 ฿16.5K

693.13%

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: July 26, 2026

Last update for Phuket: July 27, 2026

Cost Breakdown

Njardvik pays 693% 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: $98.0 in Njardvik vs $46.00 in Phuket for a mid-range dinner for two. Groceries echo the gap at $592 vs $291 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 144% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 693% 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 104% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,084 per month in Njardvik versus $1,264 in Phuket – a 144% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,264 in Phuket versus $3,084 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 144% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.