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

Name: China
Address: CN

😐 Solo nomad: Iceland is 232.9% more expensive than China without rent, and 387.7% more expensive with rent.

😐 Family of 3: Iceland is 259% more expensive than China without rent, and 303.2% more expensive with rent.

Meal at Budget Restaurant

$26.42 ISK 3,328

$2.77 ¥19.31

853.79%

Three-Course Dinner for Two, Mid-Range

$128 ISK 16.1K

$24.14 ¥169

429.12%

Fast Food Meal (McDonalds, etc)

$19.96 ISK 2,514

$4.75 ¥33.15

320.21%

Cappuccino

$5.99 ISK 755

$3.02 ¥21.06

98.34%

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

$3.32 ISK 418

$0.44 ¥3.06

654.55%

Water (0.33 liter bottle)

$2.62 ISK 330

$0.27 ¥1.87

870.37%

Local Beer (0.5 liter draught)

$12.09 ISK 1,523

$0.96 ¥6.67

1159.38%

Imported Beer (0.33 liter bottle)

$10.65 ISK 1,341

$2.04 ¥14.21

422.06%

Milk (1 liter)

$1.95 ISK 246

$1.75 ¥12.21

11.43%

White Bread (500g)

$4.21 ISK 531

$1.69 ¥11.79

149.11%

Rice (white) (1kg)

$3.59 ISK 452

$0.98 ¥6.85

266.33%

Eggs

$6.41 ISK 808

$1.60 ¥11.19

300.63%

Local Cheese (1kg)

$18.74 ISK 2,360

$13.34 ¥93.1

40.48%

Chicken Fillets (1kg)

$23.89 ISK 3,010

$3.27 ¥22.82

630.58%

Beef Round Steak (1kg)

$42.05 ISK 5,298

$10.63 ¥74.2

295.58%

Apples (1kg)

$3.07 ISK 387

$1.74 ¥12.16

76.44%

Banana (1kg)

$2.50 ISK 315

$1.26 ¥8.76

98.41%

Oranges (1kg)

$2.89 ISK 364

$1.45 ¥10.13

99.31%

Tomato (1kg)

$4.96 ISK 625

$1.19 ¥8.28

316.81%

Potato (1kg)

$3.51 ISK 442

$0.73 ¥5.08

380.82%

Onion (1kg)

$2.28 ISK 287

$0.86 ¥5.99

165.12%

Lettuce (1 head)

$3.09 ISK 390

$0.62 ¥4.30

398.39%

Water (1.5 liter bottle)

$2.17 ISK 274

$0.53 ¥3.71

309.43%

Cigarettes 20 Pack (Marlboro, Camel)

$14.28 ISK 1,799

$3.44 ¥24.03

315.12%

Wine (Bottle)

$23.25 ISK 2,929

$11.63 ¥81.2

99.91%

Local Beer (0.5 liter bottle)

$3.72 ISK 468

$0.84 ¥5.88

342.86%

Imported Beer (0.33 liter bottle)

$3.20 ISK 404

$1.62 ¥11.30

97.53%

One-way Ticket (Public Transport)

$5.29 ISK 666

$0.44 ¥3.07

1102.27%

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.6K

$20.71 ¥145

306.37%

Taxi Start (Normal Tariff)

$6.39 ISK 805

$1.42 ¥9.91

350.00%

Taxi (Normal Tariff) (1km)

$2.38 ISK 300

$0.33 ¥2.27

621.21%

Taxi 1hour Waiting (Normal Tariff)

$84.9 ISK 10.7K

$6.51 ¥45.42

1203.84%

Gasoline (1 liter)

$2.54 ISK 320

$1.17 ¥8.19

117.09%

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

$47.1K ISK 5.9M

$19.2K ¥133.9K

145.48%

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

$54.5K ISK 6.9M

$16.6K ¥116.1K

227.54%

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

$90.6 ISK 11.4K

$51.4 ¥359

76.13%

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

$27.40 ISK 3,451

$9.63 ¥67.2

184.53%

Internet (50+ Mbps, Unlimited Data)

$88.2 ISK 11.1K

$11.22 ¥78.3

686.01%

Gym Membership (Monthly)

$82.6 ISK 10.4K

$39.09 ¥273

111.31%

Tennis Court (1 Hour on Weekend)

$37.13 ISK 4,677

$14.70 ¥103

152.59%

Cinema Ticket

$17.81 ISK 2,244

$6.14 ¥42.89

190.07%

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

$347 ISK 43.7K

$416 ¥2,905

-16.55%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$17.9K ¥125.0K

65.91%

Jeans (Levis 501 Or Similar)

$138 ISK 17.4K

$45.24 ¥316

204.73%

Summer Dress (H&M, Zara, etc)

$62.7 ISK 7,898

$32.59 ¥228

92.39%

Sport Shoes (Adidas, Nike)

$175 ISK 22.0K

$73.0 ¥509

139.33%

Men's Leather Business Shoes

$253 ISK 31.9K

$72.8 ¥508

247.99%

1-bedroom Apartment, City Center (Monthly)

$2,235 ISK 281.6K

$432 ¥3,018

417.04%

1-bedroom Apartment, Outside City Center (Monthly)

$1,977 ISK 249.1K

$253 ¥1,767

681.36%

3-bedroom Apartment, City Center (Monthly)

$3,150 ISK 396.8K

$923 ¥6,441

241.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,737 ISK 344.7K

$546 ¥3,811

401.26%

Buy Apartment in City Center (m2)

$7,399 ISK 932.0K

$5,324 ¥37.2K

38.97%

Buy Apartment Outside City Center (m2)

$6,095 ISK 767.8K

$2,784 ¥19.4K

118.91%

Average Monthly Net Salary (After Tax)

$4,487 ISK 565.2K

$1,037 ¥7,240

332.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.88

4.06

143.35%

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

Last update for Iceland: January 13, 2026

Last update for China: January 11, 2026

Digital Nomad Cost of Living Index

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

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