Cost of living comparison

compared to

Port Elizabeth vs. Reykjavik Cost of Living Summary

Port Elizabeth is 58.4% cheaper than Reykjavik.

Restaurants: pay 67.5% less in Port Elizabeth
Groceries: pay 58.2% less in Port Elizabeth
Transportation: pay 63.6% less in Port Elizabeth
Housing: pay 36.4% less in Port Elizabeth
Childcare: pay 66.0% less in Port Elizabeth
Entertainment and Sports: pay 65.9% less in Port Elizabeth
Clothing: pay 51.1% less in Port Elizabeth

Expenses including restaurants, childcare, entertainment and sports, transportation, groceries, and clothing are lower in Port Elizabeth.

Port Elizabeth vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 67.5% less for restaurants

	Reykjavik	Port Elizabeth
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$10.80 ZAR182.86	-60.7%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$5.13 ZAR86.80	-77.5%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$1.13 ZAR19.18	-66.0%
Bottle of water (11 fl. oz)	$2.70 ISK345	$0.92 ZAR15.60	-65.8%
Average			-67.5%

Reykjavik vs. Port Elizabeth - Cost of restaurants

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pay 58.2% less for groceries

	Reykjavik	Port Elizabeth
Bread 1 loaf	$4.63 ISK593	$1.02 ZAR17.33	-77.9%
Local cheese (8 oz)	$9.44 ISK1,208	$3.95 ZAR66.86	-58.1%
Milk (1 gallon)	$7.63 ISK976	$4.34 ZAR73.52	-43.1%
Eggs 1 dozen	$6.50 ISK832	$2.86 ZAR48.47	-56.0%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$2.23 ZAR37.82	-80.2%
Apples (1 lb)	$1.59 ISK204	$0.79 ZAR13.44	-50.1%
Bananas (1 lb)	$1.17 ISK150	$0.69 ZAR11.70	-40.9%
Oranges (1 lb)	$1.49 ISK190	$0.72 ZAR12.16	-51.7%
Tomatoes (1 lb)	$2.54 ISK325	$0.74 ZAR12.61	-70.6%
Potatoes (1 lb)	$1.70 ISK217	$0.72 ZAR12.25	-57.3%
Onions (1 lb)	$1.13 ISK145	$0.52 ZAR8.76	-54.2%
Average			-58.2%

Reykjavik vs. Port Elizabeth - Cost of groceries

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pay 63.6% less for transportation

	Reykjavik	Port Elizabeth
Gasoline (1 gallon)	$9.66 ISK1,236	$5.01 ZAR84.76	-48.2%
Monthly public transit pass	$88.58 ISK11,337	$34.86 ZAR590.03	-60.6%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$16,075.49 ZAR272,098.61	-68.3%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$6.38 ZAR108.01	-77.3%
Average			-63.6%

Reykjavik vs. Port Elizabeth - Cost of transportation

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pay 36.4% less for housing

	Reykjavik	Port Elizabeth
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$45.80 ZAR775.17	-44.1%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$606.14 ZAR10,259.78	-73.2%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$455.18 ZAR7,704.58	-77.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$91.03 ZAR1,540.73	+49.5%
Average			-36.4%

Reykjavik vs. Port Elizabeth - Cost of housing

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pay 66.0% less for childcare

	Reykjavik	Port Elizabeth
Private preschool for 1 child, monthly	$327.78 ISK41,949	$169.97 ZAR2,877.03	-48.1%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$4,925.10 ZAR83,363.77	-84.0%
Average			-66.0%

Reykjavik vs. Port Elizabeth - Cost of childcare

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pay 65.9% less for entertainment and sports

	Reykjavik	Port Elizabeth
Domestic/local beer (1 pint)	$13.12 ISK1,680	$2.62 ZAR44.37	-80.0%
Cappuccino in mid-range area	$6.17 ISK790	$2.17 ZAR36.67	-64.9%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$3.08 ZAR52.18	-77.9%
Monthly membership at local gym	$87.35 ISK11,179	$30.31 ZAR512.99	-65.3%
Movie ticket to theater/cinema	$17.18 ISK2,199	$10.08 ZAR170.67	-41.3%
Average			-65.9%

Reykjavik vs. Port Elizabeth - Cost of entertainment and sports

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pay 51.1% less for clothing

	Reykjavik	Port Elizabeth
Regular jeans Levi's brand	$145.10 ISK18,569	$67.99 ZAR1,150.81	-53.1%
Regular dress from H&M or similar store	$63.97 ISK8,187	$38.39 ZAR649.85	-40.0%
Running shoes Nike or Adidas	$193.43 ISK24,755	$99.87 ZAR1,690.46	-48.4%
Men's business shoes (leather)	$248.79 ISK31,840	$92.19 ZAR1,560.42	-62.9%
Average			-51.1%

Reykjavik vs. Port Elizabeth - Cost of clothing

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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: December 2025

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