Cost of living in Iceland compared to China
Currency:
| Food | + 136% | |||
|---|---|---|---|---|
| Food in Iceland is 136% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,674 kr (139元) | 56元 | + 148% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,787 kr (93元) | 37元 | + 150% | |
| 500 gr (1 lb.) of boneless chicken breast | 961 kr (50元) | 16元 | + 205% | |
| 1 liter (1 qt.) of whole fat milk | 190 kr (10元) | 13元 | - 26% | |
| 12 eggs, large | 831 kr (43元) | 14元 | + 207% | |
| 1 kg (2 lb.) of tomatoes | 572 kr (30元) | 8元 | + 251% | |
| 500 gr (16 oz.) of local cheese | 852 kr (44元) | 56元 | - 20% | |
| 1 kg (2 lb.) of apples | 317 kr (16元) | 13元 | + 28% | |
| 1 kg (2 lb.) of potatoes | 331 kr (17元) | 7元 | + 146% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 454 kr (24元) | 6元 | + 287% | |
| 1 bottle of red table wine, good quality | 2,949 kr (153元) | 119元 | + 28% | |
| 2 liters of coca-cola | 314 kr (16元) | 9元 | + 88% | |
| Bread for 2 people for 1 day | 504 kr (26元) | 10元 | + 172% | |
| Housing | + 156% | |||
| Housing in Iceland is 156% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 301,800 kr (15,669元) | 7,672元 | + 104% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 267,065 kr (13,866元) | 4,517元 | + 207% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 33,887 kr (1,759元) | 412元 | + 328% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 202,644 kr (10,521元) | 7,031元 | + 50% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 170,620 kr (8,859元) | 4,064元 | + 118% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 21,721 kr (1,128元) | 279元 | + 305% | |
| Internet 8 mbps (1 month) | 9,153 kr (475元) | 88元 | + 441% | |
| 40” flat screen tv | 121,874 kr (6,328元) | 2,091元 | + 203% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 42,834 kr (2,224元) | 619元 | + 260% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,253 kr (117元) | 43元 | + 169% | |
| Hourly rate for cleaning help | 4,355 kr (226元) | 41元 | + 445% | |
| Clothes | + 87% | |||
| Clothes in Iceland is 87% more expensive than in China | ||||
| 1 pair of jeans (levis 501 or similar) | 16,512 kr (857元) | 415元 | + 106% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,331 kr (381元) | 211元 | + 80% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 18,754 kr (974元) | 590元 | + 65% | |
| 1 pair of men’s leather business shoes | 25,104 kr (1,303元) | 663元 | + 97% | |
| Transportation | + 135% | |||
| Transportation in Iceland is 135% more expensive than in China | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,899,760 kr (202,475元) | 159,594元 | + 27% | |
| 1 liter (1/4 gallon) of gas | 228 kr (12元) | 6元 | + 84% | |
| Monthly ticket public transport | 13,260 kr (688元) | 176元 | + 292% | |
| Personal Care | + 75% | |||
| Personal Care in Iceland is 75% more expensive than in China | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 kr (62元) | 30元 | + 108% | |
| 1 box of antibiotics (12 doses) | 2,068 kr (107元) | 36元 | + 200% | |
| Short visit to private doctor (15 minutes) | 9,138 kr (474元) | 440元 | + 8% | |
| 1 box of 32 tampons (tampax, ob, ...) | 620 kr (32元) | 35元 | - 7% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,188 kr (62元) | 38元 | + 64% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 677 kr (35元) | 36元 | - 1% | |
| 4 rolls of toilet paper | 520 kr (27元) | 10元 | + 183% | |
| Tube of toothpaste | 650 kr (34元) | 11元 | + 221% | |
| Standard men's haircut in expat area of the city | 5,217 kr (271元) | 80元 | + 238% | |
| Entertainment | + 75% | |||
| Entertainment in Iceland is 75% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | 11,778 kr (612元) | 206元 | + 196% | |
| 2 tickets to the movies | 3,236 kr (168元) | 97元 | + 72% | |
| 2 tickets to the theater (best available seats) | 20,600 kr (1,070元) | 743元 | + 44% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,645 kr (760元) | 429元 | + 77% | |
| 1 cocktail drink in downtown club | 2,690 kr (140元) | 67元 | + 109% | |
| Cappuccino in expat area of the city | 599 kr (31元) | 35元 | - 11% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,095 kr (57元) | 32元 | + 78% | |
| Ipad wi-fi 128gb | 120,000 kr (6,230元) | 3,535元 | + 76% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 22 kr (1.12元) | 0.68元 | + 64% | |
| 1 month of gym membership in business district | 7,357 kr (382元) | 481元 | - 21% | |
| 1 package of marlboro cigarettes | 1,749 kr (91元) | 23元 | + 299% | |
| TOTAL | + 122% | |||
These prices were last updated on May 11, 2021.
Exchange rate:
0.05192
CNY
/
ISK
This comparison is based on abundant and consistent data. It is based on 2,115 prices entered by 219 different people.
Cost of living in Iceland is 122% more expensive than in China
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