Published: Monday, 21th October 2024
The cost of living in Namibia is 2.10 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Namibia and Iceland. 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 Namibia and Iceland.
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Indicators | Namibia | Iceland |
---|---|---|
1 BHK Apartment in City Center | 7,500 NAD (397.50 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center | 11,000 NAD (583 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center | 15,000 NAD (795 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center | 4,500 NAD (238.50 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center | 7,500 NAD (397.50 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center | 10,000 NAD (530 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month | 1.9 % | 4 % |
Realtor Commission | 2.5 % | 2 % |
Property Taxes | Yet to Update | 0.2 to 1.65 % |
The average housing cost in Namibia is 3.69 times less expensive than Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Basic Home Furnishing | 30,000 NAD (1,590 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month | 600 NAD (31.80 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month | 300 NAD (15.90 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month | 300 NAD (15.90 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month | 300 NAD (15.90 USD) | 5,000 ISK (35.50 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 34.68% less for Utilities.
The basic home furnishing in Namibia costs 1.34 times less compared to Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Standard Wifi Cost Per Month | 600 NAD (31.80 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month | 300 NAD (15.90 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month | 200 NAD (10.60 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month | 500 NAD (26.50 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 54.06% less in Namibia compared to Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Long Grain Rice (1 KG) | 30 NAD (1.59 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) | 20 NAD (1.06 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) | 10 NAD (0.53 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) | 15 NAD (0.79 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) | 35 NAD (1.85 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) | 80 NAD (4.24 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) | 75 NAD (3.98 USD) | 1,000 ISK (7.10 USD) |
In Namibia, the cost of 1 Liter Water and 1 Liter Milk is 1.34 times less expensive than the cost in Iceland.
If you lived in Namibia, instead of Iceland, you would have to pay 45.80% less for Groceries.
Indicators | Namibia | Iceland |
---|---|---|
Apples (1 KG) | 40 NAD (2.12 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) | 25 NAD (1.32 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) | 30 NAD (1.59 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) | 25 NAD (1.32 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) | 20 NAD (1.06 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) | 30 NAD (1.59 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) | 25 NAD (1.32 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) | 40 NAD (2.12 USD) | 600 ISK (4.26 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 2.79 times less for Fruits and Vegetables.
Indicators | Namibia | Iceland |
---|---|---|
Meal at a Resonable Restaurant | 150 NAD (7.95 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two | 350 NAD (18.55 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal | 80 NAD (4.24 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee | 25 NAD (1.32 USD) | 500 ISK (3.55 USD) |
Soft Drink | 15 NAD (0.79 USD) | 300 ISK (2.13 USD) |
Pizza for One | 120 NAD (6.36 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal | 150 NAD (7.95 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 | 40 NAD (2.12 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 66.62% less in Namibia compared to Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Wine Mid-Range Bottle | 150 NAD (7.95 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine | 60 NAD (3.18 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter | 20 NAD (1.06 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter | 30 NAD (1.59 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter | 120 NAD (6.36 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter | 250 NAD (13.25 USD) | 4,000 ISK (28.40 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 2.47 times less for usual hard drinks.
Indicators | Namibia | Iceland |
---|---|---|
Monthly Public Transportation Pass | 500 NAD (26.50 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket | 10 NAD (0.53 USD) | 400 ISK (2.84 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | Yet to Update () | 30,000 ISK (213 USD) |
Taxi Start Fare | 20 NAD (1.06 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer | 10 NAD (0.53 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day | 300 NAD (15.90 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour | 10 NAD (0.53 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour | 5 NAD (0.27 USD) | 300 ISK (2.13 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 8.96 times less for transportation.
Indicators | Namibia | Iceland |
---|---|---|
Reasonable Vehicle Purchase Cost | 200,000 NAD (10,600 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost | 1,500 NAD (79.50 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees | 600 NAD (31.80 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost | 1,000 NAD (53 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost | 800 NAD (42.40 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates | 8 % | 5 % |
Fuel Per Liter | 20 NAD (1.06 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon | 75 NAD (3.98 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees | Yet to Update | 1,000 ISK 7.10 USD |
You would have to pay 2.68 times less for Vehicle purchase, daily operation and maintenance in Namibia compared to that of Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Doctor Visit | 500 NAD (26.50 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit | 1,000 NAD (53 USD) | 10,000 ISK (71 USD) |
Dentist Visit | 600 NAD (31.80 USD) | 8,000 ISK (56.80 USD) |
Eye Exam | 300 NAD (15.90 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling | 700 NAD (37.10 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening | 300 NAD (15.90 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy | 500 NAD (26.50 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit | 2,000 NAD (106 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night | 1,000 NAD (53 USD) | 25,000 ISK (177.50 USD) |
Vaccinations | 150 NAD (7.95 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication | 200 NAD (10.60 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication | 150 NAD (7.95 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums | 1,500 NAD (79.50 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles | 500 NAD (26.50 USD) | 5,000 ISK (35.50 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 1.62 times less for Health and Medical Treatment.
Indicators | Namibia | Iceland |
---|---|---|
Cosmetic Procedures | 2,000 NAD (106 USD) | 30,000 ISK (213 USD) |
Spa Treatment | 800 NAD (42.40 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost | 300 NAD (15.90 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost | 400 NAD (21.20 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost | 300 NAD (15.90 USD) | 5,000 ISK (35.50 USD) |
Haircuts | 150 NAD (7.95 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring | 800 NAD (42.40 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price | 50 NAD (2.65 USD) | 500 ISK (3.55 USD) |
Toothpaste Price | 25 NAD (1.32 USD) | 200 ISK (1.42 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 1.85 times less for Personal Care Items and Treatment.
Indicators | Namibia | Iceland |
---|---|---|
Pair of Nike Running Shoes | 1,500 NAD (79.50 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt | 400 NAD (21.20 USD) | 5,000 ISK (35.50 USD) |
Women's Dress | 1,200 NAD (63.60 USD) | 10,000 ISK (71 USD) |
Summer Dress | 800 NAD (42.40 USD) | 5,000 ISK (35.50 USD) |
Men's Suit | 3,000 NAD (159 USD) | 40,000 ISK (284 USD) |
Men's Jeans | 800 NAD (42.40 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans | 800 NAD (42.40 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes | 800 NAD (42.40 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes | 800 NAD (42.40 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes | 600 NAD (31.80 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes | 600 NAD (31.80 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men | 150 NAD (7.95 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women | 200 NAD (10.60 USD) | 1,200 ISK (8.52 USD) |
Socks For Men | 50 NAD (2.65 USD) | 300 ISK (2.13 USD) |
Socks For Women | 50 NAD (2.65 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults | 1,200 NAD (63.60 USD) | 8,000 ISK (56.80 USD) |
Sportswear | 600 NAD (31.80 USD) | 6,000 ISK (42.60 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 1.26 times less for Clothing and Footwear for Adults.
Indicators | Namibia | Iceland |
---|---|---|
Children's Jeans | 400 NAD (21.20 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers | 600 NAD (31.80 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat | 800 NAD (42.40 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant | 3,000 NAD (159 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler | 2,500 NAD (132.50 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days | 200 NAD (10.60 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs | 2,000 NAD (106 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities | 500 NAD (26.50 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids | 2,000 NAD (106 USD) | 8,000 ISK (56.80 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 1.16 times more for Childcare and kids clothing.
Indicators | Namibia | Iceland |
---|---|---|
PreSchool Fees | 5,000 NAD (265 USD) | 30,000 ISK (213 USD) |
Primary School Fees | 12,000 NAD (636 USD) | 40,000 ISK (284 USD) |
Secondary School Fees | 15,000 NAD (795 USD) | 60,000 ISK (426 USD) |
Private School Fees | 20,000 NAD (1,060 USD) | 80,000 ISK (568 USD) |
University Tuition Fees | 40,000 NAD (2,120 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees | 60,000 NAD (3,180 USD) | 200,000 ISK (1,420 USD) |
After School Activities | 500 NAD (26.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services | 5,000 NAD (265 USD) | 7,000 ISK (49.70 USD) |
Tutoring | 300 NAD (15.90 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost | 1,000 NAD (53 USD) | 4,000 ISK (28.40 USD) |
School Supplies | 500 NAD (26.50 USD) | 2,000 ISK (14.20 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 2.04 times more for school and education.
Indicators | Namibia | Iceland |
---|---|---|
Movie Ticket (Single) | 120 NAD (6.36 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) | 200 NAD (10.60 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) | 300 NAD (15.90 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) | 200 NAD (10.60 USD) | 1,500 ISK (10.65 USD) |
Gym Membership | 500 NAD (26.50 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access | 400 NAD (21.20 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket | 100 NAD (5.30 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket | 150 NAD (7.95 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket | 200 NAD (10.60 USD) | 2,000 ISK (14.20 USD) |
Bowling | 150 NAD (7.95 USD) | 1,000 ISK (7.10 USD) |
Mini Golf | 150 NAD (7.95 USD) | 1,500 ISK (10.65 USD) |
Video Games | 500 NAD (26.50 USD) | 5,000 ISK (35.50 USD) |
Streaming Services | 150 NAD (7.95 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental | 300 NAD (15.90 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass | 1,500 NAD (79.50 USD) | 50,000 ISK (355 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 2.23 times less for entertainment, recreation and fun activities.
Indicators | Namibia | Iceland |
---|---|---|
Language Classes | 3,000 NAD (159 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes | 500 NAD (26.50 USD) | 5,000 ISK (35.50 USD) |
Art Classes | 200 NAD (10.60 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes | 100 NAD (5.30 USD) | 6,000 ISK (42.60 USD) |
Music Lessons | 300 NAD (15.90 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons | 300 NAD (15.90 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes | 50 NAD (2.65 USD) | 1,000 ISK (7.10 USD) |
Educational Software | 500 NAD (26.50 USD) | 3,000 ISK (21.30 USD) |
If you lived in Namibia, instead of Iceland, you would have to pay 1.19 times more for Private Classes.
Indicators | Namibia | Iceland |
---|---|---|
Average Gross Monthly Salary | 15,000 NAD (795 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary | 12,000 NAD (636 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages | 66.67 NAD per hour (3.53 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus | 2,000 NAD (106 USD) | 40,000 ISK (284 USD) |
Income Tax Rate | 0 to 15 % | 0 to 24 % |
Social Security Contributions | 10 % | 7 % |
Pension Contributions | 10 % | 8 % |
Cost of Living Index | 50 | 12 |
Median Household Income | 14,000 NAD (742 USD) | 400,000 ISK (2,840 USD) |
If you lived in Namibia, you would earn 3.88 times less salary as compared to Iceland.
Indicators | Namibia | Iceland |
---|---|---|
Legal Consultation Per Hour Rate | 500 NAD (26.50 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate | 400 NAD (21.20 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate | 350 NAD (18.55 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate | 300 NAD (15.90 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 2.25 times less in Namibia, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Namibia and Iceland.
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