Property Prices Comparison Between Iceland and New Zealand 
Rent Per Month | Iceland Edit |
New Zealand Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
275,000.00 kr (3,597.20 NZ$) |
139,042.95 kr (1,818.79 NZ$) |
-49.4 % |
| Apartment (1 bedroom) Outside of Centre |
250,000.00 kr (3,270.19 NZ$) |
115,981.02 kr (1,517.12 NZ$) |
-53.6 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (5,153.31 NZ$) |
223,839.02 kr (2,927.98 NZ$) |
-43.2 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (4,422.26 NZ$) |
192,223.89 kr (2,514.43 NZ$) |
-43.1 % |
Buy Apartment Price | Iceland Edit |
New Zealand Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
86,370.14 kr (1,129.79 NZ$) |
58,616.63 kr (766.75 NZ$) |
-32.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
73,312.85 kr (958.99 NZ$) |
49,970.06 kr (653.65 NZ$) |
-31.8 % |
Salaries And Financing | Iceland Edit |
New Zealand Edit | |
| Average Monthly Net Salary (After Tax) |
564,146.97 kr (7,379.46 NZ$) |
383,609.67 kr (5,017.90 NZ$) |
-32.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.90 | 6.76 | -31.8 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 51 | 173 |
Moving to Iceland? Explore:
Other comparisons Iceland vs New Zealand: