Cost of living comparison

compared to

Reykjavik is 2.3 times more expensive than Port Elizabeth.

If you lived in Reykjavik instead of Port Elizabeth, you would:

Display currency: USD

pay 2.6 times more for restaurants

 
Port Elizabeth
Reykjavik
Basic meal with drink at inexpensive restaurant $10.90
ZAR192.50
$21.59
ISK2,981
Fast food combo meal
McDonalds, or similar
$4.63
ZAR81.81
$17.27
ISK2,385
Bottle of Coca-Cola (11 fl. oz) $1.15
ZAR20.36
$2.90
ISK401

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pay 2.5 times more for groceries

 
Port Elizabeth
Reykjavik
Bread
1 loaf
$0.94
ZAR16.62
$3.68
ISK509
Local cheese (8 oz) $3.63
ZAR64.15
$7.66
ISK1,058
Milk (1 gallon) $3.66
ZAR64.59
$6.16
ISK851

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pay 2.3 times more for transportation

 
Port Elizabeth
Reykjavik
Gasoline (1 gallon) $4.89
ZAR86.48
$8.57
ISK1,184
Monthly public transit pass $32.96
ZAR582.30
$66.92
ISK9,242
New Volkswagen Golf 1.4 (standard edition) $27,238.22
ZAR481,242.18
$41,660.67
ISK5,754,172

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pay 2.6 times more for housing

 
Port Elizabeth
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$45.42
ZAR802.50
$68.45
ISK9,454
1-Bedroom apartment in downtown area $577.45
ZAR10,202.33
$1,864.13
ISK257,474
1-Bedroom apartment outside city center $366.20
ZAR6,470.03
$1,666.20
ISK230,135

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pay 35.9% more for childcare

 
Port Elizabeth
Reykjavik
Private preschool for 1 child, monthly $167.86
ZAR2,965.65
$240.37
ISK33,200
Middle school for 1 child, two semesters $4,656.55
ZAR82,271.40
$5,984.07
ISK826,520

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pay 3.2 times more for entertainment and sports

 
Port Elizabeth
Reykjavik
Domestic/local beer (1 pint) $2.32
ZAR40.91
$10.79
ISK1,491
Cappuccino in mid-range area $1.88
ZAR33.17
$5.09
ISK703
Pack of cigarettes
Marlboro or similar
$2.72
ZAR48.12
$11.87
ISK1,640

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pay 76.3% more for clothing

 
Port Elizabeth
Reykjavik
Regular jeans
Levi's brand
$53.80
ZAR950.45
$103.94
ISK14,356
Regular dress
from H&M or similar store
$33.90
ZAR598.91
$43.50
ISK6,008
Running shoes
Nike or Adidas
$88.06
ZAR1,555.91
$141.47
ISK19,540

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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: October 2024
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