Cost of living comparison
Iceland is 2.4 times more expensive than South Africa.
If you lived in Iceland instead of South Africa, you would:
pay 2.8 times more for restaurants
|
South Africa
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.97
ZAR162.53
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.77
ZAR86.42
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.95
ZAR17.29
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$0.74
ZAR13.42
|
$2.02
ISK282
|
|
pay 2.2 times more for groceries
|
South Africa
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.99
ZAR17.94
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$3.67
ZAR66.57
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$4.20
ZAR76.06
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$2.23
ZAR40.34
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$2.03
ZAR36.74
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$0.68
ZAR12.26
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.62
ZAR11.18
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$0.64
ZAR11.63
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$0.70
ZAR12.65
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$0.55
ZAR10.03
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$0.61
ZAR11.03
|
$0.78
ISK110
|
|
pay 89.8% more for transportation
|
South Africa
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.99
ZAR90.37
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$52.31
ZAR947.63
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,607.77
ZAR373,316.13
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$8.55
ZAR154.86
|
$22.04
ISK3,078
|
|
pay 3.0 times more for housing
|
South Africa
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.37
ZAR749.42
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$382.55
ZAR6,930.08
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$326.35
ZAR5,911.89
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$80.40
ZAR1,456.44
|
$58.01
ISK8,103
|
|
pay 48.5% more for childcare
|
South Africa
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$174.12
ZAR3,154.17
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$4,033.53
ZAR73,068.60
|
$5,993.99
ISK837,241
|
|
pay 3.0 times more for entertainment and sports
|
South Africa
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.11
ZAR38.19
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$1.88
ZAR34.11
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.90
ZAR52.61
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$29.50
ZAR534.41
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$6.62
ZAR119.94
|
$14.35
ISK2,004
|
|
pay 2.0 times more for clothing
|
South Africa
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.72
ZAR864.38
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$32.06
ZAR580.76
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$90.39
ZAR1,637.42
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$81.37
ZAR1,473.99
|
$184.49
ISK25,770
|
|
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