Cost of living comparison
Beijing is 48.5% more expensive than Iceland.
If you lived in Beijing instead of Iceland, you would:
pay 74.0% less for restaurants
Iceland
|
Beijing
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,504
|
$4.37
CN¥31.63
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK2,003
|
$5.82
CN¥42.17
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK325
|
$0.53
CN¥3.84
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK298
|
$0.33
CN¥2.42
|
|
pay 26.1% less for groceries
Iceland
|
Beijing
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK481
|
$2.04
CN¥14.77
|
|
Local cheese (8 oz) |
$5.98
ISK840
|
$6.63
CN¥48.03
|
|
Milk (1 gallon) |
$5.33
ISK748
|
$7.67
CN¥55.55
|
|
Eggs
1 dozen
|
$5.66
ISK794
|
$1.89
CN¥13.70
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK996
|
$1.80
CN¥13.03
|
|
Apples (1 lb) |
$1.16
ISK163
|
$1.00
CN¥7.25
|
|
Bananas (1 lb) |
$0.98
ISK138
|
$0.92
CN¥6.68
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$0.97
CN¥7.01
|
|
Tomatoes (1 lb) |
$1.84
ISK258
|
$0.70
CN¥5.08
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.43
CN¥3.09
|
|
Onions (1 lb) |
$0.51
ISK72
|
$0.48
CN¥3.51
|
|
pay 44.9% less for transportation
Iceland
|
Beijing
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,128
|
$4.79
CN¥34.71
|
|
Monthly public transit pass |
$77.40
ISK10,866
|
$43.66
CN¥316.25
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,189,091
|
$24,196.95
CN¥175,256.11
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,365
|
$5.53
CN¥40.06
|
|
pay 42.4% less for housing
Iceland
|
Beijing
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,761
|
$20.10
CN¥145.55
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK201,775
|
$1,154.95
CN¥8,365.17
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK170,674
|
$634.84
CN¥4,598.05
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,636
|
$44.96
CN¥325.61
|
|
pay 6.9 times more for childcare
Iceland
|
Beijing
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,412
|
$951.31
CN¥6,890.27
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK386,114
|
$27,770.10
CN¥201,136.03
|
|
pay 30.3% less for entertainment and sports
Iceland
|
Beijing
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,196
|
$1.46
CN¥10.54
|
|
Cappuccino in mid-range area |
$4.15
ISK583
|
$4.37
CN¥31.68
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,493
|
$4.37
CN¥31.63
|
|
Monthly membership at local gym |
$56.90
ISK7,989
|
$58.33
CN¥422.46
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,723
|
$10.12
CN¥73.26
|
|
pay 31.0% less for clothing
Iceland
|
Beijing
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,578
|
$69.18
CN¥501.04
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,075
|
$43.88
CN¥317.83
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,217
|
$89.48
CN¥648.09
|
|
Men's business shoes (leather) |
$175.20
ISK24,598
|
$124.62
CN¥902.63
|
|
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