Property Prices Comparison Between Iceland and New Zealand 
Rent Per Month | Iceland Edit |
New Zealand Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
277,291.67 kr (3,628.55 NZ$) |
138,535.76 kr (1,812.84 NZ$) |
-50.0 % |
| Apartment (1 bedroom) Outside of Centre |
249,310.34 kr (3,262.40 NZ$) |
116,682.63 kr (1,526.87 NZ$) |
-53.2 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (5,155.26 NZ$) |
221,590.56 kr (2,899.67 NZ$) |
-43.8 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (4,423.93 NZ$) |
190,803.64 kr (2,496.80 NZ$) |
-43.6 % |
Buy Apartment Price | Iceland Edit |
New Zealand Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (1,120.36 NZ$) |
58,654.29 kr (767.53 NZ$) |
-31.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,898.79 kr (953.93 NZ$) |
48,818.11 kr (638.82 NZ$) |
-33.0 % |
Salaries And Financing | Iceland Edit |
New Zealand Edit | |
| Average Monthly Net Salary (After Tax) |
551,486.83 kr (7,216.59 NZ$) |
383,652.97 kr (5,020.37 NZ$) |
-30.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 | 6.77 | -30.6 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 53 | 178 |
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