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
ZAR165.66
|
$19.40
ISK2,691
|
|
Fast food combo meal
McDonalds, or similar
|
$4.77
ZAR88.08
|
$16.94
ISK2,350
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.95
ZAR17.62
|
$2.81
ISK390
|
|
Bottle of water (11 fl. oz) |
$0.74
ZAR13.68
|
$2.02
ISK280
|
|
pay 2.2 times more for groceries
South Africa
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$0.99
ZAR18.29
|
$2.95
ISK410
|
|
Local cheese (8 oz) |
$3.67
ZAR67.85
|
$7.27
ISK1,008
|
|
Milk (1 gallon) |
$4.20
ZAR77.52
|
$6.01
ISK833
|
|
Eggs
1 dozen
|
$2.23
ZAR41.12
|
$5.42
ISK752
|
|
Boneless chicken breast (1 lb) |
$2.03
ZAR37.45
|
$8.51
ISK1,180
|
|
Apples (1 lb) |
$0.68
ZAR12.50
|
$1.22
ISK170
|
|
Bananas (1 lb) |
$0.62
ZAR11.40
|
$1.03
ISK142
|
|
Oranges (1 lb) |
$0.64
ZAR11.85
|
$1.17
ISK162
|
|
Tomatoes (1 lb) |
$0.70
ZAR12.90
|
$1.87
ISK260
|
|
Potatoes (1 lb) |
$0.55
ZAR10.22
|
$1.23
ISK171
|
|
Onions (1 lb) |
$0.61
ZAR11.24
|
$0.78
ISK109
|
|
pay 89.8% more for transportation
South Africa
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.99
ZAR92.11
|
$8.36
ISK1,160
|
|
Monthly public transit pass |
$52.31
ZAR965.86
|
$71.28
ISK9,889
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,607.77
ZAR380,498.82
|
$40,660.66
ISK5,641,260
|
|
Taxi trip in downtown area (5 miles) |
$8.55
ZAR157.84
|
$22.04
ISK3,057
|
|
pay 3.0 times more for housing
South Africa
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.37
ZAR763.84
|
$72.17
ISK10,013
|
|
1-Bedroom apartment in downtown area |
$382.55
ZAR7,063.42
|
$1,838.04
ISK255,009
|
|
1-Bedroom apartment outside city center |
$326.35
ZAR6,025.63
|
$1,497.77
ISK207,801
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$80.40
ZAR1,484.46
|
$58.01
ISK8,049
|
|
pay 48.5% more for childcare
South Africa
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$174.12
ZAR3,214.86
|
$258.16
ISK35,818
|
|
Middle school for 1 child, two semesters |
$4,033.53
ZAR74,474.46
|
$5,993.99
ISK831,607
|
|
pay 3.0 times more for entertainment and sports
South Africa
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.11
ZAR38.92
|
$9.19
ISK1,275
|
|
Cappuccino in mid-range area |
$1.88
ZAR34.76
|
$4.65
ISK645
|
|
Pack of cigarettes
Marlboro or similar
|
$2.90
ZAR53.62
|
$11.76
ISK1,631
|
|
Monthly membership at local gym |
$29.50
ZAR544.69
|
$61.46
ISK8,527
|
|
Movie ticket to theater/cinema |
$6.62
ZAR122.25
|
$14.35
ISK1,991
|
|
pay 2.0 times more for clothing
South Africa
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.72
ZAR881.01
|
$111.23
ISK15,432
|
|
Regular dress
from H&M or similar store
|
$32.06
ZAR591.93
|
$59.69
ISK8,281
|
|
Running shoes
Nike or Adidas
|
$90.39
ZAR1,668.93
|
$148.00
ISK20,533
|
|
Men's business shoes (leather) |
$81.37
ZAR1,502.35
|
$184.49
ISK25,597
|
|
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