Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Nieuw Nickerie

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Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Nieuw Nickerie

🇸🇷 Suriname

/mo nomad

Meal at Budget Restaurant

$30.59 ISK 3,730

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

Cappuccino

$6.72 ISK 819

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

$3.27 ISK 399

Water (0.33 liter bottle)

$3.16 ISK 386

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

Milk (1 liter)

$2.04 ISK 248

White Bread (500g)

$4.32 ISK 527

Rice (white) (1kg)

$3.67 ISK 447

Eggs

$7.02 ISK 856

Local Cheese (1kg)

$22.01 ISK 2,684

Chicken Fillets (1kg)

$24.70 ISK 3,012

Beef Round Steak (1kg)

$42.66 ISK 5,202

Apples (1kg)

$3.37 ISK 412

Banana (1kg)

$2.85 ISK 347

Oranges (1kg)

$3.17 ISK 387

Tomato (1kg)

$6.39 ISK 779

Potato (1kg)

$4.01 ISK 489

Onion (1kg)

$1.64 ISK 200

Lettuce (1 head)

$3.80 ISK 463

Water (1.5 liter bottle)

$1.74 ISK 212

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

Wine (Bottle)

$23.38 ISK 2,851

Local Beer (0.5 liter bottle)

$3.53 ISK 430

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

One-way Ticket (Public Transport)

$5.77 ISK 704

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

Taxi Start (Normal Tariff)

$6.63 ISK 808

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

Gasoline (1 liter)

$2.11 ISK 257

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

$50.8K ISK 6.2M

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

$52.7K ISK 6.4M

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

$88.7 ISK 10.8K

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

$31.53 ISK 3,845

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

Gym Membership (Monthly)

$100 ISK 12.2K

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

Cinema Ticket

$19.87 ISK 2,424

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

$1,277 ISK 155.8K

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

Men's Leather Business Shoes

$254 ISK 31.0K

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

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

Last update for Reykjavik: October 4, 2026

Last update for Nieuw Nickerie: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Nieuw Nickerie

–

Groceries & Markets

Reykjavik

$625 15.9%

Nieuw Nickerie

–

Eating Out

Reykjavik

$526 13.4%

Nieuw Nickerie

–

Clothing & Footwear

Reykjavik

$298 7.6%

Nieuw Nickerie

–

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Nieuw Nickerie

–

Sport & Entertainment

Reykjavik

$140 3.6%

Nieuw Nickerie

–

Getting Around

Reykjavik

$139 3.5%

Nieuw Nickerie

–

Good to know

🇮🇸 Reykjavik

🇸🇷 Nieuw Nickerie

🕒 Local time

08:01 8:01 AM

05:01 5:01 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

13,000

💱 Currency

Icelandic Króna ISK kr

Surinamese Dollar SRD $

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

100 SRD = 2.67 USD

100 SRD = 2.38 EUR

Exchange rates and currency converter

SRD, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

Surinamese Dollar exchange rates as of October 10, 2026: 1 USD = 37.47 SRD (100 SRD = 2.67 USD). 1 EUR = 42.03 SRD (100 SRD = 2.38 EUR).

USD to ISK in detail →

On the map

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Between locations

Reykjavik Nieuw Nickerie 7,050 km ≈ 9 h nonstop flight

From you

Reykjavik
Nieuw Nickerie

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

Reykjavik vs Nieuw Nickerie: Cost of Living - Frequently Asked Questions

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

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

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