Cost of Living Comparison Between China and Iceland Cost of Living Comparison Between China and Iceland

Name: Iceland
Address: IS

🙂 Solo nomad: China is 70% cheaper than Iceland without rent, and 79.5% cheaper with rent.

🙂 Family of 3: China is 72.1% cheaper than Iceland without rent, and 75.2% cheaper with rent.

Meal at Budget Restaurant

$2.77 ¥19.31

$26.42 ISK 3,328

-89.52%

Three-Course Dinner for Two, Mid-Range

$24.14 ¥169

$128 ISK 16.1K

-81.10%

Fast Food Meal (McDonalds, etc)

$4.75 ¥33.15

$19.96 ISK 2,514

-76.20%

Cappuccino

$3.02 ¥21.06

$5.99 ISK 755

-49.58%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.44 ¥3.06

$3.32 ISK 418

-86.75%

Water (0.33 liter bottle)

$0.27 ¥1.87

$2.62 ISK 330

-89.69%

Local Beer (0.5 liter draught)

$0.96 ¥6.67

$12.09 ISK 1,523

-92.06%

Imported Beer (0.33 liter bottle)

$2.04 ¥14.21

$10.65 ISK 1,341

-80.85%

Milk (1 liter)

$1.75 ¥12.21

$1.95 ISK 246

-10.26%

White Bread (500g)

$1.69 ¥11.79

$4.21 ISK 531

-59.86%

Rice (white) (1kg)

$0.98 ¥6.85

$3.59 ISK 452

-72.70%

Eggs

$1.60 ¥11.19

$6.41 ISK 808

-75.04%

Local Cheese (1kg)

$13.34 ¥93.1

$18.74 ISK 2,360

-28.82%

Chicken Fillets (1kg)

$3.27 ¥22.82

$23.89 ISK 3,010

-86.31%

Beef Round Steak (1kg)

$10.63 ¥74.2

$42.05 ISK 5,298

-74.72%

Apples (1kg)

$1.74 ¥12.16

$3.07 ISK 387

-43.32%

Banana (1kg)

$1.26 ¥8.76

$2.50 ISK 315

-49.60%

Oranges (1kg)

$1.45 ¥10.13

$2.89 ISK 364

-49.83%

Tomato (1kg)

$1.19 ¥8.28

$4.96 ISK 625

-76.01%

Potato (1kg)

$0.73 ¥5.08

$3.51 ISK 442

-79.20%

Onion (1kg)

$0.86 ¥5.99

$2.28 ISK 287

-62.28%

Lettuce (1 head)

$0.62 ¥4.30

$3.09 ISK 390

-79.94%

Water (1.5 liter bottle)

$0.53 ¥3.71

$2.17 ISK 274

-75.58%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 ¥24.03

$14.28 ISK 1,799

-75.91%

Wine (Bottle)

$11.63 ¥81.2

$23.25 ISK 2,929

-49.98%

Local Beer (0.5 liter bottle)

$0.84 ¥5.88

$3.72 ISK 468

-77.42%

Imported Beer (0.33 liter bottle)

$1.62 ¥11.30

$3.20 ISK 404

-49.38%

One-way Ticket (Public Transport)

$0.44 ¥3.07

$5.29 ISK 666

-91.68%

Public Transport Monthly Pass (Regular Price)

$20.71 ¥145

$84.2 ISK 10.6K

-75.39%

Taxi Start (Normal Tariff)

$1.42 ¥9.91

$6.39 ISK 805

-77.78%

Taxi (Normal Tariff) (1km)

$0.33 ¥2.27

$2.38 ISK 300

-86.13%

Taxi 1hour Waiting (Normal Tariff)

$6.51 ¥45.42

$84.9 ISK 10.7K

-92.33%

Gasoline (1 liter)

$1.17 ¥8.19

$2.54 ISK 320

-53.94%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$19.2K ¥133.9K

$47.1K ISK 5.9M

-59.26%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$16.6K ¥116.1K

$54.5K ISK 6.9M

-69.47%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$51.4 ¥359

$90.6 ISK 11.4K

-43.22%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$9.63 ¥67.2

$27.40 ISK 3,451

-64.85%

Internet (50+ Mbps, Unlimited Data)

$11.22 ¥78.3

$88.2 ISK 11.1K

-87.28%

Gym Membership (Monthly)

$39.09 ¥273

$82.6 ISK 10.4K

-52.68%

Tennis Court (1 Hour on Weekend)

$14.70 ¥103

$37.13 ISK 4,677

-60.41%

Cinema Ticket

$6.14 ¥42.89

$17.81 ISK 2,244

-65.52%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$416 ¥2,905

$347 ISK 43.7K

19.84%

International Primary School, 1 Child (Yearly)

$17.9K ¥125.0K

$29.7K ISK 3.7M

-39.73%

Jeans (Levis 501 Or Similar)

$45.24 ¥316

$138 ISK 17.4K

-67.18%

Summer Dress (H&M, Zara, etc)

$32.59 ¥228

$62.7 ISK 7,898

-48.02%

Sport Shoes (Adidas, Nike)

$73.0 ¥509

$175 ISK 22.0K

-58.22%

Men's Leather Business Shoes

$72.8 ¥508

$253 ISK 31.9K

-71.26%

1-bedroom Apartment, City Center (Monthly)

$432 ¥3,018

$2,235 ISK 281.6K

-80.66%

1-bedroom Apartment, Outside City Center (Monthly)

$253 ¥1,767

$1,977 ISK 249.1K

-87.20%

3-bedroom Apartment, City Center (Monthly)

$923 ¥6,441

$3,150 ISK 396.8K

-70.70%

3-bedroom Apartment, Outside City Center (Monthly)

$546 ¥3,811

$2,737 ISK 344.7K

-80.05%

Buy Apartment in City Center (m2)

$5,324 ¥37.2K

$7,399 ISK 932.0K

-28.04%

Buy Apartment Outside City Center (m2)

$2,784 ¥19.4K

$6,095 ISK 767.8K

-54.32%

Average Monthly Net Salary (After Tax)

$1,037 ¥7,240

$4,487 ISK 565.2K

-76.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.06

9.88

-58.91%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for China: January 11, 2026

Last update for Iceland: January 13, 2026

Digital Nomad Cost of Living Index

Cost of Living Comparison Between China and Iceland Cost of Living Comparison Between China and Iceland

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