Cost of living
New Ireland compared to Lae
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Overview comparison
New IrelandLae
Consumer prices in Lae are roughly 9% higher than in New Ireland.
Cost of living
| Item | New Ireland | Lae |
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| Total with rent one person | 435 | 465 |
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| Total with rent family | 1,323 | 1,196 |
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| Without rent one person | 327 | 342 |
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| Without rent one family | 1,041 | 799 |
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| Rent & Utilities person | 205.16 | 224.82 |
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| Rent & Utilities family | 440.18 | 356.48 |
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| Food person | 240 | 232 |
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| Food family | 501 | 516 |
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| Transport person | 19.02 | 22.93 |
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| Transport family | 72.08 | 69.51 |
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| Life expectancy | 74.29 years | 80.63 years |
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Eating Out
| Item | New Ireland | Lae |
|---|
| Lunch Menu | 4.12 | 3.92 |
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| Dinner in a Restaurant, for 2 | 26.3 | 25.57 |
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| Fast food meal, equiv. McDonald's | 5.93 | 5.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.14 | 1.87 |
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| Cappuccino | 1.57 | 1.81 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.57 | 0.65 |
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Rent & Utilities
| Item | New Ireland | Lae |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 229.02 | 212.81 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 150.97 | 153.15 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 576.87 | 548.42 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 290.23 | 277.55 |
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| Utility Bill one person, electricity, heating, water, etc. | 49.44 | 34.07 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 60.41 | 51.48 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 29.82 | 23.74 |
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Transportation
| Item | New Ireland | Lae |
|---|
| Local transport ticket | 11.41 | 13.88 |
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| Monthly ticket local transport | 1,491 | 1,776 |
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| Taxi Ride, 8 km or 5 mi | 997 | 960 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.51 | 0.4 |
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| Mortgage Interest Rate for 20 Years | 19.05% | 19.34% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 8.01 | 7.88 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.13 | 0.99 |
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Groceries
| Item | New Ireland | Lae |
|---|
| Milk, 1 L or 1 qt | 1.44 | 1.01 |
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| Bread, 0.5 kg or 1.1 lb | 0.93 | 0.63 |
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| Eggs, x12 | 1.65 | 1.62 |
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| Cheese, 1 kg or 2.2 lb | 7.02 | 5.92 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.16 | 4.81 |
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| Round Steak, 1 kg or 2.2 lb | 6.28 | 6.2 |
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| Banana, 1 kg or 2.2 lb | 1.18 | 1.45 |
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| Water, 1 L or 1 qt | 0.34 | 0.34 |
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Other
| Item | New Ireland | Lae |
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| Gym Membership, 1 month | 23.9 | 21.19 |
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| Cinema Ticket, 1 person | 5.46 | 4.36 |
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| Doctors visit | 20.15 | 19.14 |
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| Haircut, simple | 4.39 | 3.83 |
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| Brand Jeans | 37.54 | 36.03 |
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| Brand Sneakers | 57.05 | 77.73 |
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| Daycare or Preschool, 1 month | 108.75 | 150.01 |
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| International Primary School, 1 year | 3,286 | 4,459 |
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