Cost of living comparison
Iceland is 48.1% more expensive than Macao.
If you lived in Iceland instead of Macao, you would:
pay 3.0 times more for restaurants
Macao
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.80
MOP54.77
|
$17.84
kr2,506
|
|
Fast food combo meal
McDonalds, or similar
|
$5.87
MOP47.30
|
$14.27
kr2,005
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.73
MOP5.92
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$0.54
MOP4.32
|
$2.12
kr298
|
|
pay 2.6% less for groceries
Macao
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.18
MOP17.55
|
$3.42
kr481
|
|
Local cheese (8 oz) |
$11.43
MOP92.05
|
$5.98
kr841
|
|
Milk (1 gallon) |
$11.02
MOP88.76
|
$5.33
kr748
|
|
Eggs
1 dozen
|
$2.81
MOP22.66
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$2.89
MOP23.29
|
$7.09
kr997
|
|
Apples (1 lb) |
$1.63
MOP13.10
|
$1.16
kr163
|
|
Bananas (1 lb) |
$1.61
MOP12.97
|
$0.98
kr138
|
|
Oranges (1 lb) |
$2.46
MOP19.79
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$1.60
MOP12.90
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$2.08
MOP16.77
|
$0.96
kr134
|
|
Onions (1 lb) |
$1.95
MOP15.71
|
$0.51
kr72
|
|
pay 82.9% more for transportation
Macao
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.43
MOP51.78
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$23.50
MOP189.21
|
$77.40
kr10,876
|
|
New Volkswagen Golf 1.4 (standard edition) |
$36,618.49
MOP294,883.06
|
$29,836.83
kr4,192,672
|
|
Taxi trip in downtown area (5 miles) |
$12.24
MOP98.59
|
$23.97
kr3,368
|
|
pay 35.1% more for housing
Macao
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.30
MOP252.03
|
$62.40
kr8,769
|
|
1-Bedroom apartment in downtown area |
$1,175.65
MOP9,467.30
|
$1,437.14
kr201,947
|
|
1-Bedroom apartment outside city center |
$874.46
MOP7,041.85
|
$1,215.63
kr170,820
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.09
MOP693.29
|
$68.63
kr9,644
|
|
pay 61.4% less for childcare
Macao
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$634.79
MOP5,111.86
|
$259.34
kr36,443
|
|
Middle school for 1 child, two semesters |
$7,563.89
MOP60,910.83
|
$2,750.10
kr386,444
|
|
pay 26.8% more for entertainment and sports
Macao
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.71
MOP29.87
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$4.80
MOP38.67
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
MOP51.78
|
$10.64
kr1,494
|
|
Monthly membership at local gym |
$91.57
MOP737.44
|
$56.90
kr7,996
|
|
Movie ticket to theater/cinema |
$13.60
MOP109.54
|
$12.27
kr1,725
|
|
pay 51.7% more for clothing
Macao
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$69.63
MOP560.73
|
$118.08
kr16,592
|
|
Regular dress
from H&M or similar store
|
$48.71
MOP392.23
|
$50.39
kr7,081
|
|
Running shoes
Nike or Adidas
|
$81.84
MOP659.04
|
$151.12
kr21,235
|
|
Men's business shoes (leather) |
$117.48
MOP946.03
|
$175.20
kr24,619
|
|
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