Cost of living comparison
compared to
East London vs. Reykjavik Cost of Living Summary
East London is 62.4% cheaper than Reykjavik.
East London vs. Reykjavik Cost Breakdown
If you lived in East London instead of Reykjavik, you would:
pay 72.2% less for restaurants
Reykjavik | East London | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $27.48 ISK3,476 | $7.20 ZAR122.35 | |
| Fast food combo meal McDonalds, or similar | $22.76 ISK2,879 | $4.61 ZAR78.30 | |
| Bottle of Coca-Cola (11 fl. oz) | $3.34 ISK422 | $1.04 ZAR17.62 | |
| Bottle of water (11 fl. oz) | $2.70 ISK341 | $0.91 ZAR15.42 | |
Reykjavik vs. East London - Cost of restaurants
pay 60.8% less for groceries
Reykjavik | East London | ||
|---|---|---|---|
| Bread 1 loaf | $4.63 ISK586 | $0.87 ZAR14.74 | |
| Local cheese (8 oz) | $9.44 ISK1,194 | $3.95 ZAR67.10 | |
| Milk (1 gallon) | $7.63 ISK965 | $4.06 ZAR68.99 | |
| Eggs 1 dozen | $6.50 ISK822 | $2.14 ZAR36.27 | |
| Boneless chicken breast (1 lb) | $11.29 ISK1,428 | $1.95 ZAR33.19 | |
| Apples (1 lb) | $1.59 ISK201 | $0.72 ZAR12.28 | |
| Bananas (1 lb) | $1.17 ISK148 | $0.69 ZAR11.74 | |
| Oranges (1 lb) | $1.49 ISK188 | $0.72 ZAR12.21 | |
| Tomatoes (1 lb) | $2.54 ISK321 | $0.67 ZAR11.43 | |
| Potatoes (1 lb) | $1.70 ISK215 | $0.72 ZAR12.15 | |
| Onions (1 lb) | $1.13 ISK143 | $0.52 ZAR8.79 | |
Reykjavik vs. East London - Cost of groceries
pay 58.2% less for transportation
Reykjavik | East London | ||
|---|---|---|---|
| Gasoline (1 gallon) | $9.66 ISK1,222 | $4.92 ZAR83.58 | |
| Monthly public transit pass | $88.58 ISK11,205 | $22.33 ZAR379.29 | |
| New Volkswagen Golf 1.4 (standard edition) | $50,771.00 ISK6M | $37,451.86 ZAR636K | |
| Taxi trip in downtown area (5 miles) | $28.07 ISK3,550 | $4.84 ZAR82.22 | |
Reykjavik vs. East London - Cost of transportation
pay 41.5% less for housing
Reykjavik | East London | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $81.97 ISK10,368 | $45.80 ZAR777.99 | |
| 1-Bedroom apartment in downtown area | $2,259.48 ISK286K | $273.69 ZAR4,649.33 | |
| 1-Bedroom apartment outside city center | $2,034.90 ISK257K | $336.11 ZAR5,709.71 | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $60.87 ISK7,700 | $91.03 ZAR1,546.33 | |
Reykjavik vs. East London - Cost of housing
pay 74.3% less for childcare
Reykjavik | East London | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $327.78 ISK41,461 | $121.96 ZAR2,071.81 | |
| Middle school for 1 child, two semesters | $30,711.08 ISK4M | $4,321.37 ZAR73,410.53 | |
Reykjavik vs. East London - Cost of childcare
pay 72.6% less for entertainment and sports
Reykjavik | East London | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $13.12 ISK1,660 | $2.59 ZAR44.05 | |
| Cappuccino in mid-range area | $6.17 ISK781 | $2.21 ZAR37.59 | |
| Pack of cigarettes Marlboro or similar | $13.94 ISK1,763 | $2.77 ZAR46.98 | |
| Monthly membership at local gym | $87.35 ISK11,049 | $34.55 ZAR586.96 | |
| Movie ticket to theater/cinema | $17.18 ISK2,174 | $3.75 ZAR63.62 | |
Reykjavik vs. East London - Cost of entertainment and sports
pay 57.3% less for clothing
Reykjavik | East London | ||
|---|---|---|---|
| Regular jeans Levi's brand | $145.10 ISK18,353 | $53.99 ZAR917.14 | |
| Regular dress from H&M or similar store | $63.97 ISK8,091 | $29.75 ZAR505.39 | |
| Running shoes Nike or Adidas | $193.43 ISK24,467 | $99.87 ZAR1,696.60 | |
| Men's business shoes (leather) | $248.79 ISK31,470 | $88.33 ZAR1,500.51 | |
Reykjavik vs. East London - Cost of clothing
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: June 2026
Change currency:
Compare further: Reykjavik vs. East London
Compare countries by overall cost of living
See the cost of living in Iceland vs. South Africa. This provides a comparison of the average cost of living from cities within Iceland and South Africa.
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
Ask the Elsewhere Community
Join the Elsewhere community and ask a question about East London or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.