Cost of living comparison

compared to

Namibia vs. Iceland Cost of Living Summary

Namibia is 50.6% cheaper than Iceland overall.

Restaurants: pay 67.7% less in Namibia
Groceries: pay 38.8% less in Namibia
Transportation: pay 56.1% less in Namibia
Housing: pay 44.1% less in Namibia
Childcare: pay 22.9% less in Namibia
Entertainment and Sports: pay 65.8% less in Namibia
Clothing: pay 59.0% less in Namibia

Expenses including restaurants, entertainment and sports, clothing, transportation, housing, and groceries are lower in Namibia.

Namibia vs. Iceland Cost Breakdown

If you lived in Namibia instead of Iceland, you would:

Display currency: USD

pay 67.7% less for restaurants

	Iceland	Namibia
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,740	$7.95 NAD151.82	-59.0%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,393	$4.23 NAD80.76	-75.0%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK397	$0.83 NAD15.90	-70.4%
Bottle of water (11 fl. oz)	$2.02 ISK286	$0.68 NAD13.05	-66.2%
Average			-67.7%

Iceland vs. Namibia - Cost of restaurants

Improve prices · Change currency (USD)

pay 38.8% less for groceries

	Iceland	Namibia
Bread 1 loaf	$2.95 ISK417	$0.88 NAD16.72	-70.4%
Local cheese (8 oz)	$7.27 ISK1,026	$3.33 NAD63.66	-54.1%
Milk (1 gallon)	$6.01 ISK848	$5.12 NAD97.66	-14.8%
Eggs 1 dozen	$5.42 ISK765	$2.57 NAD48.97	-52.7%
Boneless chicken breast (1 lb)	$8.51 ISK1,202	$2.33 NAD44.48	-72.6%
Apples (1 lb)	$1.22 ISK173	$0.79 NAD15.16	-35.1%
Bananas (1 lb)	$1.03 ISK145	$0.77 NAD14.63	-25.4%
Oranges (1 lb)	$1.17 ISK165	$0.71 NAD13.61	-39.1%
Tomatoes (1 lb)	$1.87 ISK265	$0.83 NAD15.88	-55.6%
Potatoes (1 lb)	$1.23 ISK174	$0.91 NAD17.46	-25.9%
Onions (1 lb)	$0.78 ISK111	$0.93 NAD17.80	+18.9%
Average			-38.8%

Iceland vs. Namibia - Cost of groceries

Improve prices · Change currency (USD)

pay 56.1% less for transportation

	Iceland	Namibia
Gasoline (1 gallon)	$8.36 ISK1,181	$4.77 NAD91.08	-42.9%
Monthly public transit pass	$71.28 ISK10,067	$34.08 NAD650.64	-52.2%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,742,912	$15,621.70 NAD298,208.19	-61.6%
Taxi trip in downtown area (5 miles)	$22.04 ISK3,112	$7.10 NAD135.55	-67.8%
Average			-56.1%

Iceland vs. Namibia - Cost of transportation

Improve prices · Change currency (USD)

pay 44.1% less for housing

	Iceland	Namibia
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK10,194	$63.90 NAD1,219.81	-11.5%
1-Bedroom apartment in downtown area	$1,838.04 ISK259,604	$452.24 NAD8,632.98	-75.4%
1-Bedroom apartment outside city center	$1,497.77 ISK211,545	$328.15 NAD6,264.17	-78.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK8,194	$51.47 NAD982.51	-11.3%
Average			-44.1%

Iceland vs. Namibia - Cost of housing

Improve prices · Change currency (USD)

pay 22.9% less for childcare

	Iceland	Namibia
Private preschool for 1 child, monthly	$258.16 ISK36,463	$169.47 NAD3,235.11	-34.4%
Middle school for 1 child, two semesters	$5,993.99 ISK846,592	$5,302.57 NAD101,222.70	-11.5%
Average			-22.9%

Iceland vs. Namibia - Cost of childcare

Improve prices · Change currency (USD)

pay 65.8% less for entertainment and sports

	Iceland	Namibia
Domestic/local beer (1 pint)	$9.19 ISK1,298	$1.49 NAD28.47	-83.8%
Cappuccino in mid-range area	$4.65 ISK657	$1.81 NAD34.46	-61.2%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,660	$2.97 NAD56.66	-74.8%
Monthly membership at local gym	$61.46 ISK8,681	$34.72 NAD662.75	-43.5%
Movie ticket to theater/cinema	$14.35 ISK2,027	$4.90 NAD93.53	-65.9%
Average			-65.8%

Iceland vs. Namibia - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 59.0% less for clothing

	Iceland	Namibia
Regular jeans Levi's brand	$111.23 ISK15,710	$37.49 NAD715.70	-66.3%
Regular dress from H&M or similar store	$59.69 ISK8,430	$26.97 NAD514.82	-54.8%
Running shoes Nike or Adidas	$148.00 ISK20,903	$70.06 NAD1,337.42	-52.7%
Men's business shoes (leather)	$184.49 ISK26,058	$69.59 NAD1,328.38	-62.3%
Average			-59.0%

Iceland vs. Namibia - Cost of clothing

Improve prices · Change currency (USD)

The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025

More cost comparisons

Iceland vs.

Ecuador

Iceland vs.

Ukraine

Iceland vs.

Australia

Iceland vs.

Greece

Iceland vs.

United Kingdom

Iceland vs.

Egypt

Iceland vs.

Ireland

Iceland vs.

Austria

Share this

Compare by city

For example, try comparing the cost of living in Reykjavik vs. Windhoek

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Iceland

Add prices for Namibia

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Namibia or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.