Cost of living comparison

Iceland

compared to

Macau

Macau vs. Iceland Cost of Living Summary

Macau is 41.6% cheaper than Iceland overall.

Restaurants: pay 76.6% less in Macau
Groceries: pay 19.1% less in Macau
Transportation: pay 44.4% less in Macau
Housing: pay 42.1% less in Macau
Childcare: pay 0.3% less in Macau
Entertainment and Sports: pay 30.3% less in Macau
Clothing: pay 45.0% less in Macau

Expenses including restaurants, clothing, transportation, housing, entertainment and sports, and groceries are lower in Macau.

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Macau vs. Iceland Cost Breakdown

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

Display currency: USD

pay 76.6% less for restaurants

	Iceland	Macau
Basic meal with drink at inexpensive restaurant	$28.88 ISK3,499	$6.19 MOP50.00	-78.6%
Fast food combo meal McDonalds, or similar	$22.83 ISK2,767	$5.94 MOP48.00	-74.0%
Bottle of Coca-Cola (11 fl. oz)	$3.25 ISK393	$0.89 MOP7.17	-72.7%
Bottle of water (11 fl. oz)	$3.01 ISK365	$0.63 MOP5.10	-79.0%
Average			-76.6%

Iceland vs. Macau - Cost of restaurants

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pay 19.1% less for groceries

	Iceland	Macau
Bread 1 loaf	$3.55 ISK431	$1.72 MOP13.89	-51.6%
Local cheese (8 oz)	$10.11 ISK1,226	$8.09 MOP65.42	-20.0%
Milk (1 gallon)	$7.79 ISK944	$11.99 MOP96.91	+53.9%
Eggs 1 dozen	$6.92 ISK839	$3.42 MOP27.62	-50.6%
Boneless chicken breast (1 lb)	$11.01 ISK1,334	$8.79 MOP71.05	-20.2%
Apples (1 lb)	$1.43 ISK173	$1.20 MOP9.67	-16.1%
Bananas (1 lb)	$1.23 ISK148	$1.31 MOP10.58	+6.8%
Oranges (1 lb)	$1.42 ISK172	$0.87 MOP7.00	-38.9%
Tomatoes (1 lb)	$2.60 ISK315	$1.09 MOP8.79	-58.2%
Potatoes (1 lb)	$1.71 ISK207	$1.78 MOP14.43	+4.4%
Onions (1 lb)	$0.76 ISK92	$1.31 MOP10.58	+73.0%
Average			-19.1%

Iceland vs. Macau - Cost of groceries

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pay 44.4% less for transportation

	Iceland	Macau
Gasoline (1 gallon)	$8.09 ISK980	$6.86 MOP55.46	-15.2%
Monthly public transit pass	$80.58 ISK9,765	$22.43 MOP181.31	-72.2%
New Volkswagen Golf 1.4 (standard edition)	$48,967.53 ISK6M	$30,925.27 MOP250K	-36.8%
Taxi trip in downtown area (5 miles)	$26.24 ISK3,179	$12.69 MOP102.60	-51.6%
Average			-44.4%

Iceland vs. Macau - Cost of transportation

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pay 42.1% less for housing

	Iceland	Macau
Internet connection 50 mbps or faster, cable/dsl	$98.24 ISK11,905	$36.99 MOP299.00	-62.4%
1-Bedroom apartment in downtown area	$2,335.24 ISK283K	$1,083.62 MOP8,760.04	-53.6%
1-Bedroom apartment outside city center	$1,824.40 ISK221K	$1,032.90 MOP8,350.04	-43.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$72.34 ISK8,766	$93.11 MOP752.74	+28.7%
Average			-42.1%

Iceland vs. Macau - Cost of housing

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pay 0.3% less for childcare

	Iceland	Macau
Private preschool for 1 child, monthly	$833.66 ISK101K	$1,211.24 MOP9,791.72	+45.3%
Middle school for 1 child, two semesters	$27,752.37 ISK3M	$18,979.08 MOP153K	-31.6%
Average			-0.3%

Iceland vs. Macau - Cost of childcare

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pay 30.3% less for entertainment and sports

	Iceland	Macau
Domestic/local beer (1 pint)	$11.37 ISK1,378	$5.75 MOP46.50	-49.4%
Cappuccino in mid-range area	$5.90 ISK715	$5.01 MOP40.50	-15.0%
Pack of cigarettes Marlboro or similar	$13.85 ISK1,679	$6.68 MOP54.00	-51.8%
Monthly membership at local gym	$83.64 ISK10,136	$69.07 MOP558.34	-17.4%
Movie ticket to theater/cinema	$17.92 ISK2,171	$13.48 MOP109.00	-24.8%
Average			-30.3%

Iceland vs. Macau - Cost of entertainment and sports

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pay 45.0% less for clothing

	Iceland	Macau
Regular jeans Levi's brand	$134.47 ISK16,295	$69.52 MOP562.00	-48.3%
Regular dress from H&M or similar store	$63.25 ISK7,664	$33.40 MOP270.00	-47.2%
Running shoes Nike or Adidas	$159.03 ISK19,271	$92.78 MOP750.00	-41.7%
Men's business shoes (leather)	$237.19 ISK28,742	$136.07 MOP1,100.01	-42.6%
Average			-45.0%

Iceland vs. Macau - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Iceland vs. Macau

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Quality of Life Comparison · 9 statistics

Be 35.1% less likely to be unemployed in Macau

Size Comparison · See true size

Iceland is about 3,652 times bigger than Macau.

Moving from Iceland to Macau · Cost, visas & climate

Compare cost of living, salary and climate.

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