Cost of living comparison
Reykjavik is 79.1% more expensive than Taipei.
If you lived in Reykjavik instead of Taipei, you would:
pay 2.9 times more for restaurants
Taipei
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.92
NT$191.22
|
$18.40
kr2,586
|
|
Fast food combo meal
McDonalds, or similar
|
$4.93
NT$159.35
|
$15.62
kr2,196
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.07
NT$34.57
|
$2.53
kr356
|
|
Bottle of water (11 fl. oz) |
$0.68
NT$22.00
|
$2.03
kr285
|
|
pay 10.4% more for groceries
Taipei
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.01
NT$65.08
|
$3.40
kr478
|
|
Local cheese (8 oz) |
$8.55
NT$276.03
|
$7.20
kr1,011
|
|
Milk (1 gallon) |
$11.77
NT$380.32
|
$5.90
kr828
|
|
Eggs
1 dozen
|
$3.41
NT$110.23
|
$5.64
kr793
|
|
Boneless chicken breast (1 lb) |
$4.21
NT$135.85
|
$8.08
kr1,136
|
|
Apples (1 lb) |
$2.13
NT$68.67
|
$1.57
kr220
|
|
Bananas (1 lb) |
$1.02
NT$32.80
|
$0.93
kr131
|
|
Oranges (1 lb) |
$1.28
NT$41.21
|
$1.23
kr173
|
|
Tomatoes (1 lb) |
$1.63
NT$52.63
|
$2.22
kr311
|
|
Potatoes (1 lb) |
$1.29
NT$41.74
|
$1.24
kr175
|
|
Onions (1 lb) |
$1.15
NT$37.30
|
$0.69
kr97
|
|
pay 2.0 times more for transportation
Taipei
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.89
NT$125.56
|
$8.90
kr1,250
|
|
Monthly public transit pass |
$42.09
NT$1,359.76
|
$65.56
kr9,212
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,885.97
NT$1,062,315.60
|
$37,150.35
kr5,220,368
|
|
Taxi trip in downtown area (5 miles) |
$9.21
NT$297.45
|
$29.44
kr4,137
|
|
pay 2.3 times more for housing
Taipei
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$26.10
NT$842.98
|
$64.04
kr8,999
|
|
1-Bedroom apartment in downtown area |
$624.83
NT$20,184.00
|
$1,613.16
kr226,681
|
|
1-Bedroom apartment outside city center |
$417.75
NT$13,494.73
|
$1,379.70
kr193,876
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.55
NT$2,246.58
|
$69.31
kr9,740
|
|
pay 60.6% less for childcare
Taipei
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$689.69
NT$22,279.12
|
$282.44
kr39,688
|
|
Middle school for 1 child, two semesters |
$16,064.75
NT$518,939.52
|
$6,058.18
kr851,295
|
|
pay 2.3 times more for entertainment and sports
Taipei
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.14
NT$69.05
|
$9.47
kr1,331
|
|
Cappuccino in mid-range area |
$3.21
NT$103.77
|
$4.53
kr636
|
|
Pack of cigarettes
Marlboro or similar
|
$4.28
NT$138.10
|
$11.66
kr1,638
|
|
Monthly membership at local gym |
$39.68
NT$1,281.90
|
$67.30
kr9,458
|
|
Movie ticket to theater/cinema |
$10.52
NT$339.94
|
$13.66
kr1,919
|
|
pay 44.7% more for clothing
Taipei
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$82.51
NT$2,665.47
|
$108.17
kr15,199
|
|
Regular dress
from H&M or similar store
|
$30.23
NT$976.39
|
$43.41
kr6,101
|
|
Running shoes
Nike or Adidas
|
$94.58
NT$3,055.28
|
$137.74
kr19,355
|
|
Men's business shoes (leather) |
$115.17
NT$3,720.23
|
$182.49
kr25,644
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Taipei. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.