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$196.60
|
$21.59
ISK2,918
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.98
NT$157.28
|
$17.27
ISK2,334
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.03
NT$32.46
|
$2.90
ISK392
|
|
| Bottle of water (11 fl. oz) |
$0.72
NT$22.61
|
$2.07
ISK280
|
|
pay 27.5% more for groceries
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.88
NT$59.51
|
$3.68
ISK498
|
|
| Local cheese (8 oz) |
$7.75
NT$244.74
|
$7.66
ISK1,035
|
|
| Milk (1 gallon) |
$11.33
NT$358.07
|
$6.16
ISK833
|
|
|
Eggs
1 dozen
|
$2.84
NT$89.61
|
$5.91
ISK799
|
|
| Boneless chicken breast (1 lb) |
$4.13
NT$130.32
|
$8.87
ISK1,199
|
|
| Apples (1 lb) |
$2.07
NT$65.32
|
$1.53
ISK206
|
|
| Bananas (1 lb) |
$1.01
NT$31.91
|
$0.97
ISK131
|
|
| Oranges (1 lb) |
$1.18
NT$37.26
|
$1.26
ISK170
|
|
| Tomatoes (1 lb) |
$1.49
NT$47.07
|
$2.23
ISK301
|
|
| Potatoes (1 lb) |
$1.24
NT$39.16
|
$1.42
ISK191
|
|
| Onions (1 lb) |
$1.12
NT$35.46
|
$1.01
ISK137
|
|
pay 2.0 times more for transportation
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.71
NT$117.19
|
$8.57
ISK1,159
|
|
| Monthly public transit pass |
$37.34
NT$1,179.60
|
$66.92
ISK9,045
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,397.60
NT$991,850.16
|
$41,660.67
ISK5,631,273
|
|
| Taxi trip in downtown area (5 miles) |
$8.87
NT$280.16
|
$23.30
ISK3,149
|
|
pay 2.4 times more for housing
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$25.59
NT$808.23
|
$68.45
ISK9,252
|
|
| 1-Bedroom apartment in downtown area |
$662.03
NT$20,913.39
|
$1,864.13
ISK251,975
|
|
| 1-Bedroom apartment outside city center |
$504.69
NT$15,943.08
|
$1,666.20
ISK225,220
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$72.03
NT$2,275.29
|
$64.43
ISK8,710
|
|
pay 65.6% less for childcare
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$686.42
NT$21,683.89
|
$240.37
ISK32,491
|
|
| Middle school for 1 child, two semesters |
$17,703.28
NT$559,246.60
|
$5,984.07
ISK808,867
|
|
pay 2.4 times more for entertainment and sports
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.49
NT$78.64
|
$10.79
ISK1,459
|
|
| Cappuccino in mid-range area |
$3.49
NT$110.30
|
$5.09
ISK688
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.89
NT$122.88
|
$11.87
ISK1,605
|
|
| Monthly membership at local gym |
$38.67
NT$1,221.64
|
$65.50
ISK8,854
|
|
| Movie ticket to theater/cinema |
$9.34
NT$294.90
|
$14.39
ISK1,945
|
|
pay 59.9% more for clothing
|
Taipei
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$62.24
NT$1,966.01
|
$103.94
ISK14,050
|
|
|
Regular dress
from H&M or similar store
|
$30.20
NT$954.14
|
$43.50
ISK5,879
|
|
|
Running shoes
Nike or Adidas
|
$88.35
NT$2,790.87
|
$141.47
ISK19,123
|
|
| Men's business shoes (leather) |
$103.73
NT$3,276.68
|
$174.65
ISK23,608
|
|
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