Cost of living comparison

compared to

Iceland is 2.0 times more expensive than Beijing.

If you lived in Iceland instead of Beijing, you would:

pay 4.3 times more for restaurants

 
Beijing
Iceland
Basic meal with drink at inexpensive restaurant $4.37
CN¥31.85
$17.84
kr2,458
Fast food combo meal
McDonalds, or similar
$5.82
CN¥42.47
$14.27
kr1,966
Bottle of Coca-Cola (11 fl. oz) $0.53
CN¥3.86
$2.32
kr319

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pay 77.8% more for groceries

 
Beijing
Iceland
Bread
1 loaf
$2.04
CN¥14.88
$3.42
kr472
Local cheese (8 oz) $6.63
CN¥48.37
$5.98
kr824
Milk (1 gallon) $7.67
CN¥55.94
$5.33
kr734

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pay 2.3 times more for transportation

 
Beijing
Iceland
Gasoline (1 gallon) $4.79
CN¥34.96
$8.03
kr1,107
Monthly public transit pass $43.66
CN¥318.49
$77.40
kr10,664
New Volkswagen Golf 1.4 (standard edition) $24,196.95
CN¥176,497.41
$29,836.83
kr4,111,217

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pay 94.8% more for housing

 
Beijing
Iceland
Internet connection
50 mbps or faster, cable/dsl
$20.10
CN¥146.58
$62.40
kr8,598
1-Bedroom apartment in downtown area $1,154.95
CN¥8,424.41
$1,437.14
kr198,024
1-Bedroom apartment outside city center $634.84
CN¥4,630.62
$1,215.63
kr167,501

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pay 81.4% less for childcare

 
Beijing
Iceland
Private preschool for 1 child, monthly $951.31
CN¥6,939.07
$259.34
kr35,735
Middle school for 1 child, two semesters $27,770.10
CN¥202,560.64
$2,750.10
kr378,936

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pay 2.3 times more for entertainment and sports

 
Beijing
Iceland
Domestic/local beer (1 pint) $1.46
CN¥10.62
$8.52
kr1,174
Cappuccino in mid-range area $4.37
CN¥31.91
$4.15
kr572
Pack of cigarettes
Marlboro or similar
$4.37
CN¥31.85
$10.64
kr1,465

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pay 48.8% more for clothing

 
Beijing
Iceland
Regular jeans
Levi's brand
$69.18
CN¥504.59
$118.08
kr16,270
Regular dress
from H&M or similar store
$43.88
CN¥320.08
$50.39
kr6,943
Running shoes
Nike or Adidas
$89.48
CN¥652.68
$151.12
kr20,822

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: October 2023
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