Cost of living comparison
Iceland is 67.0% more expensive than Taipei.
If you lived in Iceland instead of Taipei, you would:
pay 2.8 times more for restaurants
Taipei
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.92
NT$192.60
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$4.93
NT$160.50
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.07
NT$34.82
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.68
NT$22.16
|
$2.12
kr300
|
|
pay 0.6% less for groceries
Taipei
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.01
NT$65.55
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$8.55
NT$278.03
|
$5.98
kr845
|
|
Milk (1 gallon) |
$11.77
NT$383.07
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$3.41
NT$111.02
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$4.21
NT$136.83
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$2.13
NT$69.16
|
$1.16
kr164
|
|
Bananas (1 lb) |
$1.02
NT$33.04
|
$0.98
kr139
|
|
Oranges (1 lb) |
$1.28
NT$41.51
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$1.63
NT$53.00
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$1.29
NT$42.04
|
$0.96
kr135
|
|
Onions (1 lb) |
$1.15
NT$37.57
|
$0.51
kr72
|
|
pay 85.4% more for transportation
Taipei
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.89
NT$126.47
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$42.09
NT$1,369.57
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,885.97
NT$1,069,978.03
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$9.21
NT$299.59
|
$23.97
kr3,385
|
|
pay 2.1 times more for housing
Taipei
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$26.10
NT$849.06
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$624.83
NT$20,329.58
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$417.75
NT$13,592.06
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.55
NT$2,262.79
|
$68.63
kr9,694
|
|
pay 72.7% less for childcare
Taipei
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$689.69
NT$22,439.82
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$16,064.75
NT$522,682.60
|
$2,750.10
kr388,451
|
|
pay 2.1 times more for entertainment and sports
Taipei
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.14
NT$69.55
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$3.21
NT$104.51
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$4.28
NT$139.10
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$39.68
NT$1,291.15
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$10.52
NT$342.39
|
$12.27
kr1,734
|
|
pay 55.4% more for clothing
Taipei
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$82.51
NT$2,684.69
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$30.23
NT$983.44
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$94.58
NT$3,077.31
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$115.17
NT$3,747.06
|
$175.20
kr24,747
|
|
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