Published: Monday, 21th October 2024
The cost of living in Iceland is 1.51 times more expensive as compared to South Africa.
On this page, you will find side-by-side cost comparison between Iceland and South Africa. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Iceland and South Africa.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 200,000 ISK (1,420 USD) | 8,000 ZAR (424 USD) |
2 BHK Apartment in City Center ![]() | 300,000 ISK (2,130 USD) | 12,000 ZAR (636 USD) |
3 BHK Apartment in City Center ![]() | 400,000 ISK (2,840 USD) | 18,000 ZAR (954 USD) |
1 BHK Apartment outside City Center ![]() | 150,000 ISK (1,065 USD) | 5,500 ZAR (291.50 USD) |
2 BHK Apartment outside City Center ![]() | 200,000 ISK (1,420 USD) | 8,500 ZAR (450.50 USD) |
3 BHK Apartment outside City Center ![]() | 300,000 ISK (2,130 USD) | 12,000 ZAR (636 USD) |
Mortgage Rates Per Month ![]() | 4 % | 7.5 % |
Realtor Commission ![]() | 2 % | 5 % |
Property Taxes ![]() | 0.2 to 1.65 % | 0.1 to 2.0 % |
The average housing cost in Iceland is 3.23 times more expensive than South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Basic Home Furnishing ![]() | 300,000 ISK (2,130 USD) | 50,000 ZAR (2,650 USD) |
Electricity Cost Per Month ![]() | 20,000 ISK (142 USD) | 1,200 ZAR (63.60 USD) |
Heating Cost Per Month ![]() | 25,000 ISK (177.50 USD) | 800 ZAR (42.40 USD) |
Cooling Cost Per Month ![]() | 10,000 ISK (71 USD) | 600 ZAR (31.80 USD) |
Water Supply Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 400 ZAR (21.20 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 9.01% less for Utilities.
The basic home furnishing in Iceland costs 1.24 times less compared to South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 10,000 ISK (71 USD) | 600 ZAR (31.80 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 500 ZAR (26.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 3,000 ISK (21.30 USD) | 300 ZAR (15.90 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 8,000 ISK (56.80 USD) | 800 ZAR (42.40 USD) |
The internet and communication costs 58.32% more in Iceland compared to South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 500 ISK (3.55 USD) | 30 ZAR (1.59 USD) |
Milk (1 Liter) ![]() | 250 ISK (1.78 USD) | 20 ZAR (1.06 USD) |
Water (1 Liter) ![]() | 50 ISK (0.36 USD) | 10 ZAR (0.53 USD) |
Bread (500 gm) ![]() | 150 ISK (1.07 USD) | 15 ZAR (0.79 USD) |
Eggs (1 Dozen) ![]() | 500 ISK (3.55 USD) | 40 ZAR (2.12 USD) |
Cheese (1 KG) ![]() | 1,200 ISK (8.52 USD) | 100 ZAR (5.30 USD) |
Chicken Breast (1 KG) ![]() | 1,000 ISK (7.10 USD) | 80 ZAR (4.24 USD) |
In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 1.34 times more expensive than the cost in South Africa.
If you lived in Iceland, instead of South Africa, you would have to pay 65.75% more for Groceries.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Apples (1 KG) ![]() | 800 ISK (5.68 USD) | 30 ZAR (1.59 USD) |
Bananas (1 KG) ![]() | 600 ISK (4.26 USD) | 20 ZAR (1.06 USD) |
Oranges (1 KG) ![]() | 700 ISK (4.97 USD) | 25 ZAR (1.32 USD) |
Tomatoes (1 KG) ![]() | 500 ISK (3.55 USD) | 20 ZAR (1.06 USD) |
Potatoes (1 KG) ![]() | 400 ISK (2.84 USD) | 15 ZAR (0.79 USD) |
Lemons (1 KG) ![]() | 700 ISK (4.97 USD) | 25 ZAR (1.32 USD) |
Onions (1 KG) ![]() | 600 ISK (4.26 USD) | 20 ZAR (1.06 USD) |
Lentils (1 KG) ![]() | 600 ISK (4.26 USD) | 35 ZAR (1.85 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 3.45 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 3,500 ISK (24.85 USD) | 150 ZAR (7.95 USD) |
Three-Course Meal for Two ![]() | 8,000 ISK (56.80 USD) | 600 ZAR (31.80 USD) |
Fast Food Combo Meal ![]() | 1,500 ISK (10.65 USD) | 80 ZAR (4.24 USD) |
Normal Coffee ![]() | 500 ISK (3.55 USD) | 30 ZAR (1.59 USD) |
Soft Drink ![]() | 300 ISK (2.13 USD) | 20 ZAR (1.06 USD) |
Pizza for One ![]() | 2,500 ISK (17.75 USD) | 120 ZAR (6.36 USD) |
Take-Out Delivery Meal ![]() | 3,000 ISK (21.30 USD) | 80 ZAR (4.24 USD) |
Cigarette Pack of 20 ![]() | 1,500 ISK (10.65 USD) | 40 ZAR (2.12 USD) |
Dining-Out costs 148.79% more in Iceland compared to South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 2,000 ISK (14.20 USD) | 150 ZAR (7.95 USD) |
Glass of Wine ![]() | 1,200 ISK (8.52 USD) | 80 ZAR (4.24 USD) |
Domestic Beer Half Liter ![]() | 600 ISK (4.26 USD) | 25 ZAR (1.32 USD) |
Imported Beer Half Liter ![]() | 800 ISK (5.68 USD) | 35 ZAR (1.85 USD) |
Domestic Alcohol 1 Liter ![]() | 3,000 ISK (21.30 USD) | 120 ZAR (6.36 USD) |
Branded Alcohol 1 Liter ![]() | 4,000 ISK (28.40 USD) | 200 ZAR (10.60 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 2.55 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 15,000 ISK (106.50 USD) | 1,000 ZAR (53 USD) |
Single Public Transportation Ticket ![]() | 400 ISK (2.84 USD) | 20 ZAR (1.06 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 30,000 ISK (213 USD) | 1,500 ZAR (79.50 USD) |
Taxi Start Fare ![]() | 800 ISK (5.68 USD) | 20 ZAR (1.06 USD) |
Taxi Rate Per Kilometer ![]() | 200 ISK (1.42 USD) | 10 ZAR (0.53 USD) |
Car Rental Per Day ![]() | 10,000 ISK (71 USD) | 500 ZAR (26.50 USD) |
Parking Fees in City Center Per Hour ![]() | 500 ISK (3.55 USD) | 25 ZAR (1.32 USD) |
Parking Fees outside City Center Per Hour ![]() | 300 ISK (2.13 USD) | 15 ZAR (0.79 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 2.48 times more for transportation.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 4,000,000 ISK (28,400 USD) | 300,000 ZAR (15,900 USD) |
Vehicle Registration Cost ![]() | 15,000 ISK (106.50 USD) | 1,000 ZAR (53 USD) |
Driving License Fees ![]() | 5,000 ISK (35.50 USD) | 500 ZAR (26.50 USD) |
Car Insurance Cost ![]() | 40,000 ISK (284 USD) | 3,000 ZAR (159 USD) |
Car Maintenance Cost ![]() | 15,000 ISK (106.50 USD) | 1,500 ZAR (79.50 USD) |
Car Loan Interest Rates ![]() | 5 % | 8 % |
Fuel Per Liter ![]() | 250 ISK (1.78 USD) | 22 ZAR (1.17 USD) |
Fuel Per Gallon ![]() | 1,200 ISK (8.52 USD) | 80 ZAR (4.24 USD) |
Average Toll Fees ![]() | 1,000 ISK 7.10 USD | 100 ZAR 5.30 USD |
You would have to pay 1.78 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Doctor Visit ![]() | 5,000 ISK (35.50 USD) | 1,200 ZAR (63.60 USD) |
Specialist Visit ![]() | 10,000 ISK (71 USD) | 2,000 ZAR (106 USD) |
Dentist Visit ![]() | 8,000 ISK (56.80 USD) | 1,500 ZAR (79.50 USD) |
Eye Exam ![]() | 3,000 ISK (21.30 USD) | 600 ZAR (31.80 USD) |
Mental Health Counseling ![]() | 8,000 ISK (56.80 USD) | 1,200 ZAR (63.60 USD) |
Preventive Health Screening ![]() | 4,000 ISK (28.40 USD) | 600 ZAR (31.80 USD) |
Physical Therapy ![]() | 6,000 ISK (42.60 USD) | 800 ZAR (42.40 USD) |
Emergency Room Visit ![]() | 15,000 ISK (106.50 USD) | 2,000 ZAR (106 USD) |
Hospital Stay Per Night ![]() | 25,000 ISK (177.50 USD) | 5,000 ZAR (265 USD) |
Vaccinations ![]() | 2,500 ISK (17.75 USD) | 400 ZAR (21.20 USD) |
Prescription Medication ![]() | 1,500 ISK (10.65 USD) | 500 ZAR (26.50 USD) |
Over the Counter Medication ![]() | 800 ISK (5.68 USD) | 200 ZAR (10.60 USD) |
Health Insurance Premiums ![]() | 20,000 ISK (142 USD) | 3,000 ZAR (159 USD) |
Health Insurance Deductibles ![]() | 5,000 ISK (35.50 USD) | 5,000 ZAR (265 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 1.57 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Cosmetic Procedures ![]() | 30,000 ISK (213 USD) | 5,000 ZAR (265 USD) |
Spa Treatment ![]() | 10,000 ISK (71 USD) | 1,000 ZAR (53 USD) |
Manicure Pedicure Cost ![]() | 3,000 ISK (21.30 USD) | 400 ZAR (21.20 USD) |
Optical Glasses Cost ![]() | 10,000 ISK (71 USD) | 1,000 ZAR (53 USD) |
Contact Lenses Cost ![]() | 5,000 ISK (35.50 USD) | 600 ZAR (31.80 USD) |
Haircuts ![]() | 2,000 ISK (14.20 USD) | 200 ZAR (10.60 USD) |
Hair Coloring ![]() | 6,000 ISK (42.60 USD) | 600 ZAR (31.80 USD) |
Shampoo Price ![]() | 500 ISK (3.55 USD) | 100 ZAR (5.30 USD) |
Toothpaste Price ![]() | 200 ISK (1.42 USD) | 30 ZAR (1.59 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 1.00 times more for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 15,000 ISK (106.50 USD) | 2,500 ZAR (132.50 USD) |
Men's Shirt ![]() | 5,000 ISK (35.50 USD) | 500 ZAR (26.50 USD) |
Women's Dress ![]() | 10,000 ISK (71 USD) | 800 ZAR (42.40 USD) |
Summer Dress ![]() | 5,000 ISK (35.50 USD) | 600 ZAR (31.80 USD) |
Men's Suit ![]() | 40,000 ISK (284 USD) | 2,000 ZAR (106 USD) |
Men's Jeans ![]() | 7,000 ISK (49.70 USD) | 800 ZAR (42.40 USD) |
Women's Jeans ![]() | 6,000 ISK (42.60 USD) | 800 ZAR (42.40 USD) |
Men's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 1,000 ZAR (53 USD) |
Women's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 1,000 ZAR (53 USD) |
Men's Casual Shoes ![]() | 5,000 ISK (35.50 USD) | 600 ZAR (31.80 USD) |
Women's Casual Shoes ![]() | 4,000 ISK (28.40 USD) | 600 ZAR (31.80 USD) |
Underwear For Men ![]() | 1,000 ISK (7.10 USD) | 100 ZAR (5.30 USD) |
Underwear For Women ![]() | 1,200 ISK (8.52 USD) | 100 ZAR (5.30 USD) |
Socks For Men ![]() | 300 ISK (2.13 USD) | 50 ZAR (2.65 USD) |
Socks For Women ![]() | 400 ISK (2.84 USD) | 50 ZAR (2.65 USD) |
Wintercoat for Adults ![]() | 8,000 ISK (56.80 USD) | 1,200 ZAR (63.60 USD) |
Sportswear ![]() | 6,000 ISK (42.60 USD) | 700 ZAR (37.10 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 1.28 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Children's Jeans ![]() | 3,500 ISK (24.85 USD) | 300 ZAR (15.90 USD) |
Children's Normal Sneakers ![]() | 4,000 ISK (28.40 USD) | 400 ZAR (21.20 USD) |
Children's Winter Coat ![]() | 6,000 ISK (42.60 USD) | 500 ZAR (26.50 USD) |
Daycare for Infant ![]() | 25,000 ISK (177.50 USD) | 4,000 ZAR (212 USD) |
Daycare for Toddler ![]() | 20,000 ISK (142 USD) | 5,000 ZAR (265 USD) |
Childcare for Sick Days ![]() | 1,500 ISK (10.65 USD) | 500 ZAR (26.50 USD) |
Early Childhood Education Programs ![]() | 6,000 ISK (42.60 USD) | 4,000 ZAR (212 USD) |
Extra Curricular Activities ![]() | 3,000 ISK (21.30 USD) | 1,000 ZAR (53 USD) |
Summer Camp for Kids ![]() | 8,000 ISK (56.80 USD) | 2,000 ZAR (106 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 1.72 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
PreSchool Fees ![]() | 30,000 ISK (213 USD) | 6,000 ZAR (318 USD) |
Primary School Fees ![]() | 40,000 ISK (284 USD) | 10,000 ZAR (530 USD) |
Secondary School Fees ![]() | 60,000 ISK (426 USD) | 15,000 ZAR (795 USD) |
Private School Fees ![]() | 80,000 ISK (568 USD) | 25,000 ZAR (1,325 USD) |
University Tuition Fees ![]() | 150,000 ISK (1,065 USD) | 40,000 ZAR (2,120 USD) |
University Private Tuition Fees ![]() | 200,000 ISK (1,420 USD) | 80,000 ZAR (4,240 USD) |
After School Activities ![]() | 5,000 ISK (35.50 USD) | 1,500 ZAR (79.50 USD) |
Special Education Services ![]() | 7,000 ISK (49.70 USD) | 3,000 ZAR (159 USD) |
Tutoring ![]() | 5,000 ISK (35.50 USD) | 500 ZAR (26.50 USD) |
Textbooks Cost ![]() | 4,000 ISK (28.40 USD) | 1,000 ZAR (53 USD) |
School Supplies ![]() | 2,000 ISK (14.20 USD) | 500 ZAR (26.50 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 2.34 times less for school and education.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 1,000 ISK (7.10 USD) | 100 ZAR (5.30 USD) |
Theater Ticket (Single) ![]() | 2,000 ISK (14.20 USD) | 150 ZAR (7.95 USD) |
Concert Ticket (Single) ![]() | 2,500 ISK (17.75 USD) | 200 ZAR (10.60 USD) |
Sports Event Ticket (Single) ![]() | 1,500 ISK (10.65 USD) | 180 ZAR (9.54 USD) |
Gym Membership ![]() | 6,000 ISK (42.60 USD) | 800 ZAR (42.40 USD) |
Swimming Pool Access ![]() | 5,000 ISK (35.50 USD) | 400 ZAR (21.20 USD) |
Museum Entry Ticket ![]() | 1,000 ISK (7.10 USD) | 100 ZAR (5.30 USD) |
Zoo Entry Ticket ![]() | 1,500 ISK (10.65 USD) | 150 ZAR (7.95 USD) |
Amusement Park Entry Ticket ![]() | 2,000 ISK (14.20 USD) | 300 ZAR (15.90 USD) |
Bowling ![]() | 1,000 ISK (7.10 USD) | 80 ZAR (4.24 USD) |
Mini Golf ![]() | 1,500 ISK (10.65 USD) | 100 ZAR (5.30 USD) |
Video Games ![]() | 5,000 ISK (35.50 USD) | 600 ZAR (31.80 USD) |
Streaming Services ![]() | 1,000 ISK (7.10 USD) | 150 ZAR (7.95 USD) |
Outdoor Equipment Rental ![]() | 1,000 ISK (7.10 USD) | 250 ZAR (13.25 USD) |
Theme Park Annual Pass ![]() | 50,000 ISK (355 USD) | 1,500 ZAR (79.50 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 2.17 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Language Classes ![]() | 5,000 ISK (35.50 USD) | 2,000 ZAR (106 USD) |
Parenting Classes ![]() | 5,000 ISK (35.50 USD) | 500 ZAR (26.50 USD) |
Art Classes ![]() | 3,000 ISK (21.30 USD) | 200 ZAR (10.60 USD) |
Fitness Classes ![]() | 6,000 ISK (42.60 USD) | 150 ZAR (7.95 USD) |
Music Lessons ![]() | 4,000 ISK (28.40 USD) | 300 ZAR (15.90 USD) |
Dance Lessons ![]() | 4,000 ISK (28.40 USD) | 250 ZAR (13.25 USD) |
Reading Materials for Classes ![]() | 1,000 ISK (7.10 USD) | 100 ZAR (5.30 USD) |
Educational Software ![]() | 3,000 ISK (21.30 USD) | 1,000 ZAR (53 USD) |
If you lived in Iceland, instead of South Africa, you would have to pay 1.08 times less for Private Classes.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 450,000 ISK (3,195 USD) | 30,000 ZAR (1,590 USD) |
Average Net Monthly Salary ![]() | 350,000 ISK (2,485 USD) | 20,000 ZAR (1,060 USD) |
Minimum Wages ![]() | 6,666.67 ISK per hour (47.33 USD) | 133.33 ZAR per hour (7.07 USD) |
Average Bonus ![]() | 40,000 ISK (284 USD) | 5,000 ZAR (265 USD) |
Income Tax Rate ![]() | 0 to 24 % | 0 to 15 % |
Social Security Contributions ![]() | 7 % | 7 % |
Pension Contributions ![]() | 8 % | 5 % |
Cost of Living Index ![]() | 12 | 60 |
Median Household Income ![]() | 400,000 ISK (2,840 USD) | 18,000 ZAR (954 USD) |
If you lived in Iceland, you would earn 2.28 times more salary as compared to South Africa.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() South Africa ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 10,000 ISK (71 USD) | 1,500 ZAR (79.50 USD) |
Accounting Services Per Hour Rate ![]() | 7,000 ISK (49.70 USD) | 1,200 ZAR (63.60 USD) |
IT Support Services Per Hour Rate ![]() | 5,000 ISK (35.50 USD) | 1,000 ZAR (53 USD) |
Technician Services Per Hour Rate ![]() | 4,000 ISK (28.40 USD) | 800 ZAR (42.40 USD) |
Professional Services cost 1.29 times less in Iceland, as compared to South Africa.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iceland and South Africa.
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