Cost of living comparison
Beijing is 4.6% cheaper than Reykjavik.
If you lived in Beijing instead of Reykjavik, you would:
pay 79.1% less for restaurants
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,928
|
$4.15
CN¥29.29
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,343
|
$5.54
CN¥39.05
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK394
|
$0.50
CN¥3.55
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK281
|
$0.31
CN¥2.19
|
|
pay 44.6% less for groceries
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK500
|
$1.43
CN¥10.09
|
|
| Local cheese (8 oz) |
$7.66
ISK1,039
|
$6.83
CN¥48.14
|
|
| Milk (1 gallon) |
$6.16
ISK836
|
$7.46
CN¥52.62
|
|
|
Eggs
1 dozen
|
$5.91
ISK802
|
$1.75
CN¥12.32
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,204
|
$1.44
CN¥10.18
|
|
| Apples (1 lb) |
$1.53
ISK207
|
$0.96
CN¥6.76
|
|
| Bananas (1 lb) |
$0.97
ISK131
|
$0.79
CN¥5.59
|
|
| Oranges (1 lb) |
$1.26
ISK171
|
$0.87
CN¥6.15
|
|
| Tomatoes (1 lb) |
$2.23
ISK302
|
$0.58
CN¥4.07
|
|
| Potatoes (1 lb) |
$1.42
ISK192
|
$0.37
CN¥2.59
|
|
| Onions (1 lb) |
$1.01
ISK137
|
$0.49
CN¥3.43
|
|
pay 56.9% less for transportation
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,163
|
$4.35
CN¥30.69
|
|
| Monthly public transit pass |
$66.92
ISK9,078
|
$34.62
CN¥244.08
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,651,687
|
$20,773.90
CN¥146,447.66
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,161
|
$4.68
CN¥33.00
|
|
pay 57.2% less for housing
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,286
|
$13.59
CN¥95.80
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK252,888
|
$969.73
CN¥6,836.18
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK226,036
|
$561.86
CN¥3,960.87
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,741
|
$42.17
CN¥297.28
|
|
pay 3.9 times more for childcare
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK32,608
|
$836.50
CN¥5,896.97
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK811,800
|
$25,256.69
CN¥178,049.53
|
|
pay 46.4% less for entertainment and sports
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,464
|
$1.38
CN¥9.76
|
|
| Cappuccino in mid-range area |
$5.09
ISK690
|
$3.73
CN¥26.31
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,611
|
$3.46
CN¥24.41
|
|
| Monthly membership at local gym |
$65.50
ISK8,886
|
$62.16
CN¥438.20
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,952
|
$8.31
CN¥58.58
|
|
pay 32.8% less for clothing
|
Reykjavik
|
Beijing
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,101
|
$65.57
CN¥462.24
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,901
|
$35.21
CN¥248.22
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,192
|
$85.31
CN¥601.37
|
|
| Men's business shoes (leather) |
$174.65
ISK23,693
|
$112.58
CN¥793.66
|
|
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