Cost of living comparison
Beijing is 4.3% cheaper than Iceland.
If you lived in Beijing instead of Iceland, you would:
pay 77.6% less for restaurants
|
Iceland
|
Beijing
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,678
|
$4.15
CN¥29.47
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,257
|
$5.54
CN¥39.30
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK371
|
$0.50
CN¥3.57
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK268
|
$0.31
CN¥2.20
|
|
pay 37.2% less for groceries
|
Iceland
|
Beijing
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK433
|
$1.43
CN¥10.15
|
|
| Local cheese (8 oz) |
$6.72
ISK922
|
$6.83
CN¥48.44
|
|
| Milk (1 gallon) |
$6.27
ISK861
|
$7.46
CN¥52.95
|
|
|
Eggs
1 dozen
|
$6.03
ISK828
|
$1.75
CN¥12.40
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,043
|
$1.44
CN¥10.24
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$0.96
CN¥6.80
|
|
| Bananas (1 lb) |
$1.01
ISK138
|
$0.79
CN¥5.63
|
|
| Oranges (1 lb) |
$1.15
ISK158
|
$0.87
CN¥6.19
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$0.58
CN¥4.09
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.37
CN¥2.61
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.49
CN¥3.45
|
|
pay 56.3% less for transportation
|
Iceland
|
Beijing
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,156
|
$4.35
CN¥30.88
|
|
| Monthly public transit pass |
$68.29
ISK9,373
|
$34.62
CN¥245.60
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,450,444
|
$20,773.90
CN¥147,359.64
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,188
|
$4.68
CN¥33.21
|
|
pay 53.1% less for housing
|
Iceland
|
Beijing
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,221
|
$13.59
CN¥96.40
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,459
|
$969.73
CN¥6,878.75
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK181,909
|
$561.86
CN¥3,985.54
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,194
|
$42.17
CN¥299.13
|
|
pay 3.7 times more for childcare
|
Iceland
|
Beijing
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK34,992
|
$836.50
CN¥5,933.69
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK822,593
|
$25,256.69
CN¥179,158.30
|
|
pay 42.0% less for entertainment and sports
|
Iceland
|
Beijing
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,287
|
$1.38
CN¥9.82
|
|
| Cappuccino in mid-range area |
$4.61
ISK633
|
$3.73
CN¥26.47
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,539
|
$3.46
CN¥24.56
|
|
| Monthly membership at local gym |
$60.00
ISK8,235
|
$62.16
CN¥440.93
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,913
|
$8.31
CN¥58.94
|
|
pay 39.0% less for clothing
|
Iceland
|
Beijing
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,854
|
$65.57
CN¥465.12
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,198
|
$35.21
CN¥249.77
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,166
|
$85.31
CN¥605.11
|
|
| Men's business shoes (leather) |
$169.24
ISK23,226
|
$112.58
CN¥798.60
|
|
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