Cost of living in Iceland compared to China
Currency:
| Food | + 196% | |||
|---|---|---|---|---|
| Food in Iceland is 196% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 4,287 kr (220元) | 46元 | + 374% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,748 kr (141元) | 40元 | + 254% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,229 kr (63元) | 16元 | + 297% | |
| 1 liter (1 qt.) of whole fat milk | 241 kr (12元) | 18元 | - 32% | |
| 12 eggs, large | 815 kr (42元) | 19元 | + 123% | |
| 1 kg (2 lb.) of tomatoes | 653 kr (33元) | 11元 | + 208% | |
| 500 gr (16 oz.) of local cheese | 1,271 kr (65元) | 63元 | + 4% | |
| 1 kg (2 lb.) of apples | 429 kr (22元) | 15元 | + 42% | |
| 1 kg (2 lb.) of potatoes | 475 kr (24元) | 6元 | + 284% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 662 kr (34元) | 7元 | + 363% | |
| 1 bottle of red table wine, good quality | 6,302 kr (323元) | 118元 | + 174% | |
| 2 liters of coca-cola | 346 kr (18元) | 8元 | + 110% | |
| Bread for 2 people for 1 day | 669 kr (34元) | 16元 | + 108% | |
| Housing | + 114% | |||
| Housing in Iceland is 114% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 348,121 kr (17,855元) | 15,059元 | + 19% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,000 kr (14,207元) | 9,006元 | + 58% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,177 kr (3,343元) | 421元 | + 693% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 214,441 kr (10,998元) | 7,547元 | + 46% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 189,329 kr (9,711元) | 4,347元 | + 123% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 42,933 kr (2,202元) | 262元 | + 740% | |
| Internet 8 mbps (1 month) | 6,518 kr (334元) | 115元 | + 190% | |
| 40” flat screen tv | 165,479 kr (8,487元) | 1,143元 | + 643% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 49,096 kr (2,518元) | 589元 | + 328% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,317 kr (170元) | 39元 | + 341% | |
| Hourly rate for cleaning help | 11,734 kr (602元) | 51元 | + 1084% | |
| Clothes | + 240% | |||
| Clothes in Iceland is 240% more expensive than in China | ||||
| Iceland | China | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 37,157 kr (1,906元) | 529元 | + 260% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,761 kr (808元) | 248元 | + 226% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 31,870 kr (1,635元) | 626元 | + 161% | |
| 1 pair of men’s leather business shoes | 67,739 kr (3,474元) | 828元 | + 320% | |
| Transportation | + 121% | |||
| Transportation in Iceland is 121% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,967,620 kr (306,073元) | 161,247元 | + 90% | |
| 1 liter (1/4 gallon) of gas | 296 kr (15元) | 9元 | + 77% | |
| Monthly ticket public transport | 11,269 kr (578元) | 204元 | + 184% | |
| Personal Care | + 212% | |||
| Personal Care in Iceland is 212% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 713 kr (37元) | 39元 | - 6% | |
| 1 box of antibiotics (12 doses) | 3,600 kr (185元) | 27元 | + 587% | |
| Short visit to private doctor (15 minutes) | 24,000 kr (1,231元) | 391元 | + 215% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,114 kr (57元) | 53元 | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,112 kr (108元) | 33元 | + 226% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 851 kr (44元) | 34元 | + 27% | |
| 4 rolls of toilet paper | 1,255 kr (64元) | 13元 | + 388% | |
| Tube of toothpaste | 653 kr (33元) | 15元 | + 127% | |
| Standard men's haircut in expat area of the city | 7,548 kr (387元) | 74元 | + 421% | |
| Entertainment | + 185% | |||
| Entertainment in Iceland is 185% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Basic dinner out for two in neighborhood pub | 9,762 kr (501元) | 265元 | + 89% | |
| 2 tickets to the movies | 5,350 kr (274元) | 110元 | + 149% | |
| 2 tickets to the theater (best available seats) | 28,094 kr (1,441元) | 1,294元 | + 11% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 21,937 kr (1,125元) | 348元 | + 224% | |
| 1 cocktail drink in downtown club | 3,419 kr (175元) | 79元 | + 122% | |
| Cappuccino in expat area of the city | 989 kr (51元) | 29元 | + 73% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,777 kr (91元) | 18元 | + 408% | |
| Ipad wi-fi 128gb | 188,000 kr (9,642元) | 3,321元 | + 190% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 70 kr (3.59元) | 0.20元 | + 1695% | |
| 1 month of gym membership in business district | 13,622 kr (699元) | 410元 | + 70% | |
| 1 package of marlboro cigarettes | 1,792 kr (92元) | 24元 | + 280% | |
| TOTAL | + 153% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,476 prices entered by 154 different people.
These prices were last updated on June 07, 2023.
Exchange rate:
0.05129
CNY
/
ISK
Cost of living in Iceland is 153% more expensive than in China
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