Published: Monday, 21th October 2024
The cost of living in South Africa is 1.51 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between South Africa 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 South Africa and Iceland.
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![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 8,000 ZAR (424 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center ![]() | 12,000 ZAR (636 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center ![]() | 18,000 ZAR (954 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center ![]() | 5,500 ZAR (291.50 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center ![]() | 8,500 ZAR (450.50 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center ![]() | 12,000 ZAR (636 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month ![]() | 7.5 % | 4 % |
Realtor Commission ![]() | 5 % | 2 % |
Property Taxes ![]() | 0.1 to 2.0 % | 0.2 to 1.65 % |
The average housing cost in South Africa is 3.23 times less expensive than Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Basic Home Furnishing ![]() | 50,000 ZAR (2,650 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month ![]() | 1,200 ZAR (63.60 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month ![]() | 800 ZAR (42.40 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month ![]() | 600 ZAR (31.80 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month ![]() | 400 ZAR (21.20 USD) | 5,000 ISK (35.50 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 9.90% more for Utilities.
The basic home furnishing in South Africa costs 1.24 times more compared to Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 600 ZAR (31.80 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 500 ZAR (26.50 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 300 ZAR (15.90 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 800 ZAR (42.40 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 36.84% less in South Africa compared to Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 30 ZAR (1.59 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) ![]() | 20 ZAR (1.06 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) ![]() | 10 ZAR (0.53 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) ![]() | 15 ZAR (0.79 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) ![]() | 40 ZAR (2.12 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) ![]() | 100 ZAR (5.30 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) ![]() | 80 ZAR (4.24 USD) | 1,000 ISK (7.10 USD) |
In South Africa, 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 South Africa, instead of Iceland, you would have to pay 39.67% less for Groceries.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Apples (1 KG) ![]() | 30 ZAR (1.59 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) ![]() | 20 ZAR (1.06 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) ![]() | 25 ZAR (1.32 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) ![]() | 20 ZAR (1.06 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) ![]() | 15 ZAR (0.79 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) ![]() | 25 ZAR (1.32 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) ![]() | 20 ZAR (1.06 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) ![]() | 35 ZAR (1.85 USD) | 600 ISK (4.26 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 3.45 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 150 ZAR (7.95 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two ![]() | 600 ZAR (31.80 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal ![]() | 80 ZAR (4.24 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee ![]() | 30 ZAR (1.59 USD) | 500 ISK (3.55 USD) |
Soft Drink ![]() | 20 ZAR (1.06 USD) | 300 ISK (2.13 USD) |
Pizza for One ![]() | 120 ZAR (6.36 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal ![]() | 80 ZAR (4.24 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 ![]() | 40 ZAR (2.12 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 59.80% less in South Africa compared to Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 150 ZAR (7.95 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine ![]() | 80 ZAR (4.24 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter ![]() | 25 ZAR (1.32 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter ![]() | 35 ZAR (1.85 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter ![]() | 120 ZAR (6.36 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter ![]() | 200 ZAR (10.60 USD) | 4,000 ISK (28.40 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 2.55 times less for usual hard drinks.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,000 ZAR (53 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket ![]() | 20 ZAR (1.06 USD) | 400 ISK (2.84 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 1,500 ZAR (79.50 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare ![]() | 20 ZAR (1.06 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer ![]() | 10 ZAR (0.53 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day ![]() | 500 ZAR (26.50 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour ![]() | 25 ZAR (1.32 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour ![]() | 15 ZAR (0.79 USD) | 300 ISK (2.13 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 2.48 times less for transportation.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 300,000 ZAR (15,900 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost ![]() | 1,000 ZAR (53 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees ![]() | 500 ZAR (26.50 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost ![]() | 3,000 ZAR (159 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost ![]() | 1,500 ZAR (79.50 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates ![]() | 8 % | 5 % |
Fuel Per Liter ![]() | 22 ZAR (1.17 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon ![]() | 80 ZAR (4.24 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees ![]() | 100 ZAR 5.30 USD | 1,000 ISK 7.10 USD |
You would have to pay 1.78 times less for Vehicle purchase, daily operation and maintenance in South Africa compared to that of Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Doctor Visit ![]() | 1,200 ZAR (63.60 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit ![]() | 2,000 ZAR (106 USD) | 10,000 ISK (71 USD) |
Dentist Visit ![]() | 1,500 ZAR (79.50 USD) | 8,000 ISK (56.80 USD) |
Eye Exam ![]() | 600 ZAR (31.80 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling ![]() | 1,200 ZAR (63.60 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening ![]() | 600 ZAR (31.80 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy ![]() | 800 ZAR (42.40 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit ![]() | 2,000 ZAR (106 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night ![]() | 5,000 ZAR (265 USD) | 25,000 ISK (177.50 USD) |
Vaccinations ![]() | 400 ZAR (21.20 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication ![]() | 500 ZAR (26.50 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication ![]() | 200 ZAR (10.60 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums ![]() | 3,000 ZAR (159 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles ![]() | 5,000 ZAR (265 USD) | 5,000 ISK (35.50 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 1.57 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Cosmetic Procedures ![]() | 5,000 ZAR (265 USD) | 30,000 ISK (213 USD) |
Spa Treatment ![]() | 1,000 ZAR (53 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost ![]() | 400 ZAR (21.20 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost ![]() | 1,000 ZAR (53 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost ![]() | 600 ZAR (31.80 USD) | 5,000 ISK (35.50 USD) |
Haircuts ![]() | 200 ZAR (10.60 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring ![]() | 600 ZAR (31.80 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price ![]() | 100 ZAR (5.30 USD) | 500 ISK (3.55 USD) |
Toothpaste Price ![]() | 30 ZAR (1.59 USD) | 200 ISK (1.42 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 1.00 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 2,500 ZAR (132.50 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt ![]() | 500 ZAR (26.50 USD) | 5,000 ISK (35.50 USD) |
Women's Dress ![]() | 800 ZAR (42.40 USD) | 10,000 ISK (71 USD) |
Summer Dress ![]() | 600 ZAR (31.80 USD) | 5,000 ISK (35.50 USD) |
Men's Suit ![]() | 2,000 ZAR (106 USD) | 40,000 ISK (284 USD) |
Men's Jeans ![]() | 800 ZAR (42.40 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans ![]() | 800 ZAR (42.40 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes ![]() | 1,000 ZAR (53 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes ![]() | 1,000 ZAR (53 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes ![]() | 600 ZAR (31.80 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes ![]() | 600 ZAR (31.80 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men ![]() | 100 ZAR (5.30 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women ![]() | 100 ZAR (5.30 USD) | 1,200 ISK (8.52 USD) |
Socks For Men ![]() | 50 ZAR (2.65 USD) | 300 ISK (2.13 USD) |
Socks For Women ![]() | 50 ZAR (2.65 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults ![]() | 1,200 ZAR (63.60 USD) | 8,000 ISK (56.80 USD) |
Sportswear ![]() | 700 ZAR (37.10 USD) | 6,000 ISK (42.60 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 1.28 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Children's Jeans ![]() | 300 ZAR (15.90 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers ![]() | 400 ZAR (21.20 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat ![]() | 500 ZAR (26.50 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant ![]() | 4,000 ZAR (212 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler ![]() | 5,000 ZAR (265 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days ![]() | 500 ZAR (26.50 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs ![]() | 4,000 ZAR (212 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities ![]() | 1,000 ZAR (53 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids ![]() | 2,000 ZAR (106 USD) | 8,000 ISK (56.80 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 1.72 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
PreSchool Fees ![]() | 6,000 ZAR (318 USD) | 30,000 ISK (213 USD) |
Primary School Fees ![]() | 10,000 ZAR (530 USD) | 40,000 ISK (284 USD) |
Secondary School Fees ![]() | 15,000 ZAR (795 USD) | 60,000 ISK (426 USD) |
Private School Fees ![]() | 25,000 ZAR (1,325 USD) | 80,000 ISK (568 USD) |
University Tuition Fees ![]() | 40,000 ZAR (2,120 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees ![]() | 80,000 ZAR (4,240 USD) | 200,000 ISK (1,420 USD) |
After School Activities ![]() | 1,500 ZAR (79.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services ![]() | 3,000 ZAR (159 USD) | 7,000 ISK (49.70 USD) |
Tutoring ![]() | 500 ZAR (26.50 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost ![]() | 1,000 ZAR (53 USD) | 4,000 ISK (28.40 USD) |
School Supplies ![]() | 500 ZAR (26.50 USD) | 2,000 ISK (14.20 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 2.34 times more for school and education.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 100 ZAR (5.30 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) ![]() | 150 ZAR (7.95 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) ![]() | 200 ZAR (10.60 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) ![]() | 180 ZAR (9.54 USD) | 1,500 ISK (10.65 USD) |
Gym Membership ![]() | 800 ZAR (42.40 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access ![]() | 400 ZAR (21.20 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket ![]() | 100 ZAR (5.30 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket ![]() | 150 ZAR (7.95 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket ![]() | 300 ZAR (15.90 USD) | 2,000 ISK (14.20 USD) |
Bowling ![]() | 80 ZAR (4.24 USD) | 1,000 ISK (7.10 USD) |
Mini Golf ![]() | 100 ZAR (5.30 USD) | 1,500 ISK (10.65 USD) |
Video Games ![]() | 600 ZAR (31.80 USD) | 5,000 ISK (35.50 USD) |
Streaming Services ![]() | 150 ZAR (7.95 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental ![]() | 250 ZAR (13.25 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass ![]() | 1,500 ZAR (79.50 USD) | 50,000 ISK (355 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 2.17 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Language Classes ![]() | 2,000 ZAR (106 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes ![]() | 500 ZAR (26.50 USD) | 5,000 ISK (35.50 USD) |
Art Classes ![]() | 200 ZAR (10.60 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes ![]() | 150 ZAR (7.95 USD) | 6,000 ISK (42.60 USD) |
Music Lessons ![]() | 300 ZAR (15.90 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons ![]() | 250 ZAR (13.25 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes ![]() | 100 ZAR (5.30 USD) | 1,000 ISK (7.10 USD) |
Educational Software ![]() | 1,000 ZAR (53 USD) | 3,000 ISK (21.30 USD) |
If you lived in South Africa, instead of Iceland, you would have to pay 1.08 times more for Private Classes.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 30,000 ZAR (1,590 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary ![]() | 20,000 ZAR (1,060 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages ![]() | 133.33 ZAR per hour (7.07 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus ![]() | 5,000 ZAR (265 USD) | 40,000 ISK (284 USD) |
Income Tax Rate ![]() | 0 to 15 % | 0 to 24 % |
Social Security Contributions ![]() | 7 % | 7 % |
Pension Contributions ![]() | 5 % | 8 % |
Cost of Living Index ![]() | 60 | 12 |
Median Household Income ![]() | 18,000 ZAR (954 USD) | 400,000 ISK (2,840 USD) |
If you lived in South Africa, you would earn 2.28 times less salary as compared to Iceland.
![]() Indicators ![]() | ![]() South Africa ![]() | ![]() Iceland ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 1,500 ZAR (79.50 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate ![]() | 1,200 ZAR (63.60 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate ![]() | 1,000 ZAR (53 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate ![]() | 800 ZAR (42.40 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 1.29 times more in South Africa, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Africa and Iceland.
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