Cost of living comparison
Taipei is 10.1% cheaper than Reykjavik.
If you lived in Taipei instead of Reykjavik, you would:
pay 65.1% less for restaurants
Reykjavik
|
Taipei
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
ISK2,584
|
$5.92
NT$192.77
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
ISK2,194
|
$4.93
NT$160.64
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
ISK356
|
$1.07
NT$34.85
|
|
Bottle of water (11 fl. oz) |
$2.03
ISK284
|
$0.68
NT$22.18
|
|
pay 7.6% more for groceries
Reykjavik
|
Taipei
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
ISK478
|
$2.01
NT$65.61
|
|
Local cheese (8 oz) |
$7.20
ISK1,010
|
$8.55
NT$278.28
|
|
Milk (1 gallon) |
$5.90
ISK828
|
$11.77
NT$383.42
|
|
Eggs
1 dozen
|
$5.64
ISK792
|
$3.41
NT$111.12
|
|
Boneless chicken breast (1 lb) |
$8.08
ISK1,135
|
$4.21
NT$136.96
|
|
Apples (1 lb) |
$1.57
ISK220
|
$2.13
NT$69.23
|
|
Bananas (1 lb) |
$0.93
ISK131
|
$1.02
NT$33.07
|
|
Oranges (1 lb) |
$1.23
ISK173
|
$1.28
NT$41.55
|
|
Tomatoes (1 lb) |
$2.22
ISK311
|
$1.63
NT$53.05
|
|
Potatoes (1 lb) |
$1.24
ISK175
|
$1.29
NT$42.08
|
|
Onions (1 lb) |
$0.69
ISK97
|
$1.15
NT$37.60
|
|
pay 43.1% less for transportation
Reykjavik
|
Taipei
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
ISK1,249
|
$3.89
NT$126.59
|
|
Monthly public transit pass |
$65.56
ISK9,205
|
$42.09
NT$1,370.83
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
ISK5,215,909
|
$32,885.97
NT$1,070,964.54
|
|
Taxi trip in downtown area (5 miles) |
$29.44
ISK4,134
|
$9.21
NT$299.87
|
|
pay 47.5% less for housing
Reykjavik
|
Taipei
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
ISK8,991
|
$26.10
NT$849.84
|
|
1-Bedroom apartment in downtown area |
$1,613.16
ISK226,488
|
$624.83
NT$20,348.33
|
|
1-Bedroom apartment outside city center |
$1,379.70
ISK193,710
|
$417.75
NT$13,604.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
ISK9,732
|
$69.55
NT$2,264.87
|
|
pay 2.5 times more for childcare
Reykjavik
|
Taipei
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
ISK39,654
|
$689.69
NT$22,460.51
|
|
Middle school for 1 child, two semesters |
$6,058.18
ISK850,568
|
$16,064.75
NT$523,164.51
|
|
pay 46.8% less for entertainment and sports
Reykjavik
|
Taipei
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
ISK1,330
|
$2.14
NT$69.61
|
|
Cappuccino in mid-range area |
$4.53
ISK636
|
$3.21
NT$104.61
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
ISK1,636
|
$4.28
NT$139.23
|
|
Monthly membership at local gym |
$67.30
ISK9,450
|
$39.68
NT$1,292.34
|
|
Movie ticket to theater/cinema |
$13.66
ISK1,918
|
$10.52
NT$342.71
|
|
pay 30.6% less for clothing
Reykjavik
|
Taipei
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
ISK15,186
|
$82.51
NT$2,687.17
|
|
Regular dress
from H&M or similar store
|
$43.41
ISK6,095
|
$30.23
NT$984.34
|
|
Running shoes
Nike or Adidas
|
$137.74
ISK19,339
|
$94.58
NT$3,080.15
|
|
Men's business shoes (leather) |
$182.49
ISK25,622
|
$115.17
NT$3,750.52
|
|
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