Cost of living in Iceland compared to China
Currency:
| Food | + 127% | |||
|---|---|---|---|---|
| Food in Iceland is 127% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,542 kr (132元) | 42元 | + 215% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,625 kr (85元) | 34元 | + 151% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (59元) | 15元 | + 283% | |
| 1 liter (1 qt.) of whole fat milk | 157 kr (8元) | 15元 | - 46% | |
| 12 eggs, large | 730 kr (38元) | 13元 | + 186% | |
| 1 kg (2 lb.) of tomatoes | 592 kr (31元) | 8元 | + 283% | |
| 500 gr (16 oz.) of local cheese | 897 kr (47元) | 53元 | - 12% | |
| 1 kg (2 lb.) of apples | 297 kr (16元) | 14元 | + 7% | |
| 1 kg (2 lb.) of potatoes | 353 kr (18元) | 5.82元 | + 216% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 398 kr (21元) | 5.36元 | + 287% | |
| 1 bottle of red table wine, good quality | 3,452 kr (180元) | 103元 | + 74% | |
| 2 liters of coca-cola | 351 kr (18元) | 8元 | + 140% | |
| Bread for 2 people for 1 day | 401 kr (21元) | 15元 | + 43% | |
| Housing | + 127% | |||
| Housing in Iceland is 127% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 235,443 kr (12,273元) | 8,839元 | + 39% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 219,312 kr (11,433元) | 4,621元 | + 147% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 10,000 kr (521元) | 386元 | + 35% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 149,921 kr (7,815元) | 5,293元 | + 48% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 143,138 kr (7,462元) | 3,034元 | + 146% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 5,000 kr (261元) | 280元 | - 7% | |
| Internet 8 mbps (1 month) | 12,000 kr (626元) | 87元 | + 618% | |
| 40” flat screen tv | 109,824 kr (5,725元) | 2,283元 | + 151% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 50,000 kr (2,606元) | 525元 | + 396% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,500 kr (182元) | 38元 | + 374% | |
| Hourly rate for cleaning help | 4,424 kr (231元) | 50元 | + 363% | |
| Clothes | + 82% | |||
| Clothes in Iceland is 82% more expensive than in China | ||||
| 1 pair of jeans (levis 501 or similar) | 17,501 kr (912元) | 447元 | + 104% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,301 kr (381元) | 235元 | + 62% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 17,572 kr (916元) | 608元 | + 51% | |
| 1 pair of men’s leather business shoes | 29,325 kr (1,529元) | 568元 | + 169% | |
| Transportation | + 149% | |||
| Transportation in Iceland is 149% more expensive than in China | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,685,050 kr (192,098元) | 129,883元 | + 48% | |
| 1 liter (1/4 gallon) of gas | 191 kr (10元) | 7元 | + 45% | |
| Monthly ticket public transport | 12,918 kr (673元) | 151元 | + 347% | |
| Personal Care | + 24% | |||
| Personal Care in Iceland is 24% more expensive than in China | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,355 kr (71元) | 32元 | + 118% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (83元) | 34元 | + 147% | |
| Short visit to private doctor (15 minutes) | 5,737 kr (299元) | 357元 | - 16% | |
| 1 box of 32 tampons (tampax, ob, ...) | 498 kr (26元) | 40元 | - 34% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 408 kr (21元) | 50元 | - 57% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 866 kr (45元) | 33元 | + 38% | |
| 4 rolls of toilet paper | 392 kr (20元) | 8元 | + 153% | |
| Tube of toothpaste | 403 kr (21元) | 11元 | + 95% | |
| Standard men's haircut in expat area of the city | 6,887 kr (359元) | 74元 | + 385% | |
| Entertainment | + 110% | |||
| Entertainment in Iceland is 110% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | 8,424 kr (439元) | 179元 | + 146% | |
| 2 tickets to the movies | 3,253 kr (170元) | 96元 | + 76% | |
| 2 tickets to the theater (best available seats) | 12,000 kr (626元) | 1,203元 | - 48% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 12,000 kr (626元) | 359元 | + 74% | |
| 1 cocktail drink in downtown club | 2,700 kr (141元) | 67元 | + 111% | |
| Cappuccino in expat area of the city | 650 kr (34元) | 32元 | + 6% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,035 kr (54元) | 28元 | + 95% | |
| Ipad wi-fi 128gb | 88,913 kr (4,635元) | 3,283元 | + 41% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (3.35元) | 0.28元 | + 1100% | |
| 1 month of gym membership in business district | 8,510 kr (444元) | 312元 | + 42% | |
| 1 package of marlboro cigarettes | 1,700 kr (89元) | 20元 | + 345% | |
| TOTAL | + 117% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 2,577 prices entered by 315 different people.
These prices were last updated on May 26, 2020.
Exchange rate:
0.05213
CNY
/
ISK
Cost of living in Iceland is 117% more expensive than in China
Other Country Comparisons
- Cost of living in United Arab Emirates is 84% more expensive than in China
- Cost of living in Andorra is 122% more expensive than in China
- Cost of living in Albania is 12% cheaper than in China
- Cost of living in Antarctica is in China
- Cost of living in Armenia is 32% cheaper than in China
- Cost of living in Netherlands Antilles is 79% more expensive than in China
- Cost of living in Angola is 8% more expensive than in China
- Cost of living in Argentina is 33% cheaper than in China