Cost of living comparison
Macao is 7.9% cheaper than Reykjavik.
If you lived in Macao instead of Reykjavik, you would:
pay 67.5% less for restaurants
Reykjavik
|
Macao
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
ISK2,584
|
$6.80
MOP54.84
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
ISK2,194
|
$5.87
MOP47.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
ISK356
|
$0.73
MOP5.92
|
|
Bottle of water (11 fl. oz) |
$2.03
ISK284
|
$0.54
MOP4.32
|
|
pay 35.9% more for groceries
Reykjavik
|
Macao
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
ISK478
|
$2.18
MOP17.58
|
|
Local cheese (8 oz) |
$7.20
ISK1,010
|
$11.43
MOP92.17
|
|
Milk (1 gallon) |
$5.90
ISK828
|
$11.02
MOP88.88
|
|
Eggs
1 dozen
|
$5.64
ISK792
|
$2.81
MOP22.69
|
|
Boneless chicken breast (1 lb) |
$8.08
ISK1,135
|
$2.89
MOP23.32
|
|
Apples (1 lb) |
$1.57
ISK220
|
$1.63
MOP13.12
|
|
Bananas (1 lb) |
$0.93
ISK131
|
$1.61
MOP12.99
|
|
Oranges (1 lb) |
$1.23
ISK173
|
$2.46
MOP19.82
|
|
Tomatoes (1 lb) |
$2.22
ISK311
|
$1.60
MOP12.92
|
|
Potatoes (1 lb) |
$1.24
ISK175
|
$2.08
MOP16.79
|
|
Onions (1 lb) |
$0.69
ISK97
|
$1.95
MOP15.73
|
|
pay 37.9% less for transportation
Reykjavik
|
Macao
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
ISK1,249
|
$6.43
MOP51.85
|
|
Monthly public transit pass |
$65.56
ISK9,205
|
$23.50
MOP189.46
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
ISK5,215,909
|
$36,618.49
MOP295,279.97
|
|
Taxi trip in downtown area (5 miles) |
$29.44
ISK4,134
|
$12.24
MOP98.72
|
|
pay 22.7% less for housing
Reykjavik
|
Macao
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
ISK8,991
|
$31.30
MOP252.37
|
|
1-Bedroom apartment in downtown area |
$1,613.16
ISK226,488
|
$1,175.65
MOP9,480.04
|
|
1-Bedroom apartment outside city center |
$1,379.70
ISK193,710
|
$874.46
MOP7,051.33
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
ISK9,732
|
$86.09
MOP694.23
|
|
pay 74.8% more for childcare
Reykjavik
|
Macao
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
ISK39,654
|
$634.79
MOP5,118.74
|
|
Middle school for 1 child, two semesters |
$6,058.18
ISK850,568
|
$7,563.89
MOP60,992.82
|
|
pay 12.8% less for entertainment and sports
Reykjavik
|
Macao
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
ISK1,330
|
$3.71
MOP29.91
|
|
Cappuccino in mid-range area |
$4.53
ISK636
|
$4.80
MOP38.72
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
ISK1,636
|
$6.43
MOP51.85
|
|
Monthly membership at local gym |
$67.30
ISK9,450
|
$91.57
MOP738.43
|
|
Movie ticket to theater/cinema |
$13.66
ISK1,918
|
$13.60
MOP109.69
|
|
pay 24.9% less for clothing
Reykjavik
|
Macao
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
ISK15,186
|
$69.63
MOP561.48
|
|
Regular dress
from H&M or similar store
|
$43.41
ISK6,095
|
$48.71
MOP392.76
|
|
Running shoes
Nike or Adidas
|
$137.74
ISK19,339
|
$81.84
MOP659.93
|
|
Men's business shoes (leather) |
$182.49
ISK25,622
|
$117.48
MOP947.30
|
|
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