Cost of living comparison
Reykjavik is 2.2 times more expensive than Cape Town.
If you lived in Reykjavik instead of Cape Town, you would:
pay 3.0 times more for restaurants
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.52
ZAR155.09
|
$20.00
ISK2,753
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.11
ZAR93.05
|
$18.02
ISK2,480
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.99
ZAR18.07
|
$3.15
ISK434
|
|
| Bottle of water (11 fl. oz) |
$0.78
ZAR14.21
|
$2.19
ISK301
|
|
pay 2.3 times more for groceries
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.07
ZAR19.52
|
$3.61
ISK497
|
|
| Local cheese (8 oz) |
$4.13
ZAR75.21
|
$7.76
ISK1,068
|
|
| Milk (1 gallon) |
$4.25
ZAR77.42
|
$6.40
ISK882
|
|
|
Eggs
1 dozen
|
$2.53
ZAR46.11
|
$5.76
ISK792
|
|
| Boneless chicken breast (1 lb) |
$2.30
ZAR41.81
|
$9.45
ISK1,300
|
|
| Apples (1 lb) |
$0.73
ZAR13.31
|
$1.40
ISK193
|
|
| Bananas (1 lb) |
$0.70
ZAR12.66
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.69
ZAR12.52
|
$1.22
ISK168
|
|
| Tomatoes (1 lb) |
$0.70
ZAR12.72
|
$2.22
ISK306
|
|
| Potatoes (1 lb) |
$0.55
ZAR10.00
|
$1.43
ISK197
|
|
| Onions (1 lb) |
$0.59
ZAR10.81
|
$0.93
ISK129
|
|
pay 2.0 times more for transportation
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.09
ZAR92.66
|
$8.50
ISK1,170
|
|
| Monthly public transit pass |
$42.60
ZAR775.45
|
$74.95
ISK10,318
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,879.98
ZAR361,877.19
|
$42,450.45
ISK5,843,304
|
|
| Taxi trip in downtown area (5 miles) |
$9.54
ZAR173.70
|
$24.05
ISK3,311
|
|
pay 2.1 times more for housing
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$43.29
ZAR787.97
|
$69.87
ISK9,617
|
|
| 1-Bedroom apartment in downtown area |
$784.43
ZAR14,279.00
|
$1,971.17
ISK271,332
|
|
| 1-Bedroom apartment outside city center |
$505.72
ZAR9,205.71
|
$1,803.44
ISK248,243
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$71.33
ZAR1,298.35
|
$53.95
ISK7,427
|
|
pay 30.4% more for childcare
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$207.06
ZAR3,769.16
|
$252.14
ISK34,707
|
|
| Middle school for 1 child, two semesters |
$4,312.73
ZAR78,505.12
|
$5,993.99
ISK825,073
|
|
pay 3.0 times more for entertainment and sports
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.56
ZAR46.53
|
$10.81
ISK1,488
|
|
| Cappuccino in mid-range area |
$2.12
ZAR38.68
|
$5.31
ISK730
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.95
ZAR53.76
|
$12.25
ISK1,686
|
|
| Monthly membership at local gym |
$39.65
ZAR721.84
|
$69.95
ISK9,628
|
|
| Movie ticket to theater/cinema |
$6.82
ZAR124.07
|
$14.77
ISK2,034
|
|
pay 90.3% more for clothing
|
Cape Town
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.53
ZAR974.40
|
$108.97
ISK15,000
|
|
|
Regular dress
from H&M or similar store
|
$30.86
ZAR561.70
|
$49.72
ISK6,844
|
|
|
Running shoes
Nike or Adidas
|
$104.97
ZAR1,910.71
|
$151.85
ISK20,903
|
|
| Men's business shoes (leather) |
$77.06
ZAR1,402.80
|
$194.16
ISK26,726
|
|
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