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

Name: Iceland
Address: IS

🙂 Solo nomad: China is 72% cheaper than Iceland without rent, and 78.4% cheaper with rent.

🙂 Family of 3: China is 72.2% cheaper than Iceland without rent, and 74% cheaper with rent.

Meal at Budget Restaurant

$2.85 ¥20.46

$26.87 ISK 3,353

-89.39%

Three-Course Dinner for Two, Mid-Range

$23.97 ¥172

$126 ISK 15.7K

-81.00%

Fast Food Meal (McDonalds, etc)

$4.96 ¥35.61

$20.34 ISK 2,538

-75.61%

Cappuccino

$3.13 ¥22.47

$6.09 ISK 760

-48.60%

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

$0.44 ¥3.18

$3.36 ISK 419

-86.90%

Water (0.33 liter bottle)

$0.29 ¥2.1

$2.7 ISK 337

-89.26%

Local Beer (0.5 liter draught)

$0.95 ¥6.83

$12.07 ISK 1,506

-92.13%

Imported Beer (0.33 liter bottle)

$2.14 ¥15.32

$10.47 ISK 1,306

-79.56%

Milk (1 liter)

$1.85 ¥13.23

$1.95 ISK 243

-5.13%

White Bread (500g)

$1.68 ¥12.06

$4.07 ISK 508

-58.72%

Rice (white) (1kg)

$0.95 ¥6.81

$3.48 ISK 434

-72.70%

Eggs

$1.55 ¥11.11

$6.36 ISK 793

-75.63%

Local Cheese (1kg)

$13.25 ¥95.1

$18.36 ISK 2,290

-27.83%

Chicken Fillets (1kg)

$3.28 ¥23.52

$24.71 ISK 3,082

-86.73%

Beef Round Steak (1kg)

$10.85 ¥77.8

$42.1 ISK 5,251

-74.23%

Apples (1kg)

$1.77 ¥12.66

$3.18 ISK 397

-44.34%

Banana (1kg)

$1.26 ¥9.01

$2.49 ISK 310

-49.40%

Oranges (1kg)

$1.5 ¥10.73

$2.92 ISK 365

-48.63%

Tomato (1kg)

$1.19 ¥8.5

$4.86 ISK 606

-75.51%

Potato (1kg)

$0.75 ¥5.4

$3.68 ISK 460

-79.62%

Onion (1kg)

$0.86 ¥6.15

$2.26 ISK 281

-61.95%

Lettuce (1 head)

$0.61 ¥4.37

$3.17 ISK 396

-80.76%

Water (1.5 liter bottle)

$0.58 ¥4.14

$2.2 ISK 274

-73.64%

Cigarettes 20 Pack (Marlboro, Camel)

$3.45 ¥24.74

$14.05 ISK 1,753

-75.44%

Wine (Bottle)

$11.3 ¥81.1

$24.13 ISK 3,010

-53.17%

Local Beer (0.5 liter bottle)

$0.84 ¥6

$3.63 ISK 453

-76.86%

Imported Beer (0.33 liter bottle)

$1.68 ¥12.05

$3.21 ISK 401

-47.66%

One-way Ticket (Public Transport)

$0.4 ¥2.86

$5.24 ISK 653

-92.37%

Public Transport Monthly Pass (Regular Price)

$20.83 ¥149

$84.3 ISK 10.5K

-75.30%

Taxi Start (Normal Tariff)

$1.36 ¥9.74

$6.26 ISK 781

-78.27%

Taxi (Normal Tariff) (1km)

$0.35 ¥2.55

$2.37 ISK 296

-85.23%

Taxi 1hour Waiting (Normal Tariff)

$6.8 ¥48.75

$86.5 ISK 10.8K

-92.14%

Gasoline (1 liter)

$1.12 ¥8.05

$2.46 ISK 307

-54.47%

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

$19.2K ¥137.7K

$47.9K ISK 6M

-59.91%

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

$16.7K ¥119.8K

$54K ISK 6.7M

-69.06%

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

$51.4 ¥369

$90.4 ISK 11.3K

-43.11%

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

$9.77 ¥70.1

$27.54 ISK 3,435

-64.52%

Internet (50+ Mbps, Unlimited Data)

$11.34 ¥81.3

$85.9 ISK 10.7K

-86.79%

Gym Membership (Monthly)

$39.55 ¥284

$81.8 ISK 10.2K

-51.64%

Tennis Court (1 Hour on Weekend)

$14.89 ¥107

$37.74 ISK 4,708

-60.55%

Cinema Ticket

$6.23 ¥44.71

$17.35 ISK 2,164

-64.09%

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

$417 ¥2,989

$348 ISK 43.4K

19.85%

International Primary School, 1 Child (Yearly)

$17.7K ¥126.8K

$29.5K ISK 3.7M

-40.13%

Jeans (Levis 501 Or Similar)

$45.65 ¥327

$137 ISK 17.1K

-66.65%

Summer Dress (H&M, Zara, etc)

$33.49 ¥240

$64.2 ISK 8,005

-47.81%

Sport Shoes (Adidas, Nike)

$71.8 ¥515

$171 ISK 21.4K

-58.10%

Men's Leather Business Shoes

$72.9 ¥523

$254 ISK 31.6K

-71.27%

1-bedroom Apartment, City Center (Monthly)

$445 ¥3,194

$2,216 ISK 276.4K

-79.90%

1-bedroom Apartment, Outside City Center (Monthly)

$255 ¥1,830

$2,002 ISK 249.8K

-87.26%

3-bedroom Apartment, City Center (Monthly)

$915 ¥6,566

$3,148 ISK 392.7K

-70.92%

3-bedroom Apartment, Outside City Center (Monthly)

$543 ¥3,895

$2,722 ISK 339.5K

-80.05%

Buy Apartment in City Center (m2)

$6,142 ¥44.1K

$7,550 ISK 941.9K

-18.66%

Buy Apartment Outside City Center (m2)

$2,860 ¥20.5K

$6,306 ISK 786.7K

-54.65%

Average Monthly Net Salary (After Tax)

$942 ¥6,755

$4,591 ISK 572.7K

-79.49%

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: October 29, 2025

Last update for Iceland: October 28, 2025

Similar cities

Ubud

🇮🇩 Indonesia

Minsk

🇧🇾 Belarus

Tashkent

🇺🇿 Uzbekistan

Jakarta

🇮🇩 Indonesia

Tunis

🇹🇳 Tunisia

Bishkek

🇰🇬 Kyrgyzstan

Colombo

🇱🇰 Sri Lanka

Belo Horizonte

🇧🇷 Brazil