Cost of living comparison
Reykjavik is 89.1% more expensive than Taipei.
If you lived in Reykjavik instead of Taipei, you would:
pay 3.2 times more for restaurants
Taipei
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.22
NT$199.51
|
$21.59
ISK2,966
|
|
Fast food combo meal
McDonalds, or similar
|
$4.98
NT$159.61
|
$17.27
ISK2,373
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.03
NT$32.94
|
$2.90
ISK399
|
|
Bottle of water (11 fl. oz) |
$0.72
NT$22.94
|
$2.07
ISK285
|
|
pay 27.5% more for groceries
Taipei
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.88
NT$60.39
|
$3.68
ISK506
|
|
Local cheese (8 oz) |
$7.75
NT$248.36
|
$7.66
ISK1,052
|
|
Milk (1 gallon) |
$11.33
NT$363.37
|
$6.16
ISK847
|
|
Eggs
1 dozen
|
$2.84
NT$90.93
|
$5.91
ISK812
|
|
Boneless chicken breast (1 lb) |
$4.13
NT$132.25
|
$8.87
ISK1,219
|
|
Apples (1 lb) |
$2.07
NT$66.28
|
$1.53
ISK210
|
|
Bananas (1 lb) |
$1.01
NT$32.38
|
$0.97
ISK133
|
|
Oranges (1 lb) |
$1.18
NT$37.81
|
$1.26
ISK173
|
|
Tomatoes (1 lb) |
$1.49
NT$47.76
|
$2.23
ISK306
|
|
Potatoes (1 lb) |
$1.24
NT$39.74
|
$1.42
ISK194
|
|
Onions (1 lb) |
$1.12
NT$35.99
|
$1.01
ISK139
|
|
pay 2.0 times more for transportation
Taipei
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.71
NT$118.92
|
$8.57
ISK1,178
|
|
Monthly public transit pass |
$37.34
NT$1,197.04
|
$66.92
ISK9,194
|
|
New Volkswagen Golf 1.4 (standard edition) |
$31,397.60
NT$1,006,512.81
|
$41,660.67
ISK5,723,760
|
|
Taxi trip in downtown area (5 miles) |
$8.87
NT$284.30
|
$23.30
ISK3,201
|
|
pay 2.4 times more for housing
Taipei
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$25.59
NT$820.18
|
$68.45
ISK9,404
|
|
1-Bedroom apartment in downtown area |
$662.03
NT$21,222.56
|
$1,864.13
ISK256,113
|
|
1-Bedroom apartment outside city center |
$504.69
NT$16,178.77
|
$1,666.20
ISK228,919
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$72.03
NT$2,308.93
|
$64.43
ISK8,853
|
|
pay 65.6% less for childcare
Taipei
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$686.42
NT$22,004.45
|
$240.37
ISK33,024
|
|
Middle school for 1 child, two semesters |
$17,703.28
NT$567,514.01
|
$5,984.07
ISK822,152
|
|
pay 2.4 times more for entertainment and sports
Taipei
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.49
NT$79.80
|
$10.79
ISK1,483
|
|
Cappuccino in mid-range area |
$3.49
NT$111.94
|
$5.09
ISK699
|
|
Pack of cigarettes
Marlboro or similar
|
$3.89
NT$124.69
|
$11.87
ISK1,631
|
|
Monthly membership at local gym |
$38.67
NT$1,239.70
|
$65.50
ISK8,999
|
|
Movie ticket to theater/cinema |
$9.34
NT$299.26
|
$14.39
ISK1,977
|
|
pay 59.9% more for clothing
Taipei
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.24
NT$1,995.07
|
$103.94
ISK14,280
|
|
Regular dress
from H&M or similar store
|
$30.20
NT$968.25
|
$43.50
ISK5,976
|
|
Running shoes
Nike or Adidas
|
$88.35
NT$2,832.13
|
$141.47
ISK19,437
|
|
Men's business shoes (leather) |
$103.73
NT$3,325.12
|
$174.65
ISK23,995
|
|
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