Cost of living in Iceland compared to China
Currency:
| Food | + 161% | |||
|---|---|---|---|---|
| Food in Iceland is 161% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 4,437 kr (227元) | 43元 | + 424% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,053 kr (105元) | 37元 | + 184% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,018 kr (52元) | 17元 | + 208% | |
| 1 liter (1 qt.) of whole fat milk | 236 kr (12元) | 14元 | - 16% | |
| 12 eggs, large | 720 kr (37元) | 16元 | + 124% | |
| 1 kg (2 lb.) of tomatoes | 706 kr (36元) | 9元 | + 311% | |
| 500 gr (16 oz.) of local cheese | 1,069 kr (55元) | 48元 | + 13% | |
| 1 kg (2 lb.) of apples | 270 kr (14元) | 13元 | + 8% | |
| 1 kg (2 lb.) of potatoes | 414 kr (21元) | 6元 | + 250% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 463 kr (24元) | 7元 | + 253% | |
| 1 bottle of red table wine, good quality | 2,821 kr (144元) | 97元 | + 49% | |
| 2 liters of coca-cola | 338 kr (17元) | 9元 | + 86% | |
| Bread for 2 people for 1 day | 492 kr (25元) | 13元 | + 90% | |
| Housing | + 101% | |||
| Housing in Iceland is 101% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 334,278 kr (17,097元) | 13,898元 | + 23% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 287,466 kr (14,703元) | 8,379元 | + 75% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 54,829 kr (2,804元) | 462元 | + 507% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 207,933 kr (10,635元) | 6,525元 | + 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 197,248 kr (10,089元) | 4,376元 | + 131% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 30,820 kr (1,576元) | 516元 | + 205% | |
| Internet 8 mbps (1 month) | 8,104 kr (414元) | 140元 | + 196% | |
| 40” flat screen tv | 94,218 kr (4,819元) | 1,829元 | + 163% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 48,000 kr (2,455元) | 546元 | + 350% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,700 kr (189元) | 50元 | + 279% | |
| Hourly rate for cleaning help | 6,316 kr (323元) | 66元 | + 388% | |
| Clothes | + 89% | |||
| Clothes in Iceland is 89% more expensive than in China | ||||
| Iceland | China | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 15,379 kr (787元) | 511元 | + 54% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 11,736 kr (600元) | 288元 | + 108% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 27,493 kr (1,406元) | 654元 | + 115% | |
| 1 pair of men’s leather business shoes | 26,006 kr (1,330元) | 844元 | + 58% | |
| 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 | 3,937,100 kr (201,370元) | 148,501元 | + 36% | |
| 1 liter (1/4 gallon) of gas | 300 kr (15元) | 8元 | + 86% | |
| Monthly ticket public transport | 12,696 kr (649元) | 206元 | + 215% | |
| Personal Care | + 98% | |||
| Personal Care in Iceland is 98% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 680 kr (35元) | 28元 | + 23% | |
| 1 box of antibiotics (12 doses) | 2,068 kr (106元) | 27元 | + 292% | |
| Short visit to private doctor (15 minutes) | 10,000 kr (511元) | 386元 | + 33% | |
| 1 box of 32 tampons (tampax, ob, ...) | 950 kr (49元) | 30元 | + 61% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,395 kr (71元) | 19元 | + 268% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 685 kr (35元) | 44元 | - 19% | |
| 4 rolls of toilet paper | 638 kr (33元) | 21元 | + 55% | |
| Tube of toothpaste | 454 kr (23元) | 16元 | + 46% | |
| Standard men's haircut in expat area of the city | 7,203 kr (368元) | 82元 | + 348% | |
| Entertainment | + 44% | |||
| Entertainment in Iceland is 44% more expensive than in China | ||||
| Iceland | China | Diff | ||
| Basic dinner out for two in neighborhood pub | 4,944 kr (253元) | 260元 | - 3% | |
| 2 tickets to the movies | 3,278 kr (168元) | 122元 | + 37% | |
| 2 tickets to the theater (best available seats) | 35,000 kr (1,790元) | 417元 | + 329% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,878 kr (761元) | 319元 | + 139% | |
| 1 cocktail drink in downtown club | 3,005 kr (154元) | 90元 | + 71% | |
| Cappuccino in expat area of the city | 616 kr (32元) | 31元 | + 1% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,191 kr (61元) | 19元 | + 229% | |
| Ipad wi-fi 128gb | 11,800 kr (604元) | 2,968元 | - 80% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 20 kr (1.00元) | 0.24元 | + 310% | |
| 1 month of gym membership in business district | 7,344 kr (376元) | 410元 | - 8% | |
| 1 package of marlboro cigarettes | 2,033 kr (104元) | 38元 | + 177% | |
| TOTAL | + 104% | |||
These prices were last updated on May 05, 2022.
Exchange rate:
0.05115
CNY
/
ISK
This comparison is based on abundant and consistent data. It is based on 1,247 prices entered by 122 different people.
Cost of living in Iceland is 104% more expensive than in China
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