Cost of living comparison
Iceland is 2.6 times more expensive than Shenzhen.
If you lived in Iceland instead of Shenzhen, you would:
pay 4.9 times more for restaurants
Shenzhen
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.46
CN¥25.02
|
$19.51
ISK2,723
|
|
Fast food combo meal
McDonalds, or similar
|
$5.54
CN¥40.03
|
$16.45
ISK2,295
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.51
CN¥3.66
|
$2.70
ISK377
|
|
Bottle of water (11 fl. oz) |
$0.34
CN¥2.45
|
$1.95
ISK273
|
|
pay 88.3% more for groceries
Shenzhen
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.10
CN¥15.20
|
$3.16
ISK440
|
|
Local cheese (8 oz) |
$6.15
CN¥44.46
|
$6.72
ISK937
|
|
Milk (1 gallon) |
$7.97
CN¥57.60
|
$6.27
ISK875
|
|
Eggs
1 dozen
|
$2.04
CN¥14.77
|
$6.03
ISK841
|
|
Boneless chicken breast (1 lb) |
$2.06
CN¥14.90
|
$7.60
ISK1,061
|
|
Apples (1 lb) |
$0.88
CN¥6.34
|
$1.13
ISK157
|
|
Bananas (1 lb) |
$0.64
CN¥4.64
|
$1.01
ISK141
|
|
Oranges (1 lb) |
$0.76
CN¥5.50
|
$1.15
ISK161
|
|
Tomatoes (1 lb) |
$0.67
CN¥4.82
|
$1.71
ISK239
|
|
Potatoes (1 lb) |
$0.47
CN¥3.38
|
$1.13
ISK158
|
|
Onions (1 lb) |
$0.51
CN¥3.69
|
$0.68
ISK95
|
|
pay 2.8 times more for transportation
Shenzhen
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.47
CN¥32.33
|
$8.42
ISK1,175
|
|
Monthly public transit pass |
$27.70
CN¥200.17
|
$68.29
ISK9,530
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,773.90
CN¥150,126.72
|
$39,714.69
ISK5,541,788
|
|
Taxi trip in downtown area (5 miles) |
$4.54
CN¥32.83
|
$23.23
ISK3,241
|
|
pay 3.0 times more for housing
Shenzhen
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$14.57
CN¥105.27
|
$74.47
ISK10,392
|
|
1-Bedroom apartment in downtown area |
$715.55
CN¥5,171.03
|
$1,518.94
ISK211,953
|
|
1-Bedroom apartment outside city center |
$387.78
CN¥2,802.37
|
$1,325.48
ISK184,957
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.08
CN¥354.70
|
$66.99
ISK9,348
|
|
pay 67.8% less for childcare
Shenzhen
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$634.76
CN¥4,587.21
|
$254.97
ISK35,578
|
|
Middle school for 1 child, two semesters |
$24,881.36
CN¥179,810.11
|
$5,993.83
ISK836,378
|
|
pay 3.2 times more for entertainment and sports
Shenzhen
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.11
CN¥8.01
|
$9.37
ISK1,308
|
|
Cappuccino in mid-range area |
$3.43
CN¥24.75
|
$4.61
ISK644
|
|
Pack of cigarettes
Marlboro or similar
|
$3.46
CN¥25.02
|
$11.22
ISK1,565
|
|
Monthly membership at local gym |
$44.39
CN¥320.78
|
$60.00
ISK8,373
|
|
Movie ticket to theater/cinema |
$7.96
CN¥57.55
|
$13.94
ISK1,945
|
|
pay 83.5% more for clothing
Shenzhen
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.91
CN¥454.62
|
$108.23
ISK15,103
|
|
Regular dress
from H&M or similar store
|
$29.43
CN¥212.65
|
$59.73
ISK8,335
|
|
Running shoes
Nike or Adidas
|
$78.03
CN¥563.88
|
$146.94
ISK20,504
|
|
Men's business shoes (leather) |
$99.24
CN¥717.21
|
$169.24
ISK23,616
|
|
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