Cost of living comparison
Iceland is 2.2 times more expensive than Taiwan.
If you lived in Iceland instead of Taiwan, you would:
pay 3.6 times more for restaurants
Taiwan
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.79
NT$123.26
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$4.76
NT$154.70
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.98
NT$31.75
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$0.64
NT$20.79
|
$1.95
ISK271
|
|
pay 22.5% more for groceries
Taiwan
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.83
NT$59.46
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$7.72
NT$251.14
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$11.17
NT$363.40
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$2.76
NT$89.74
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$3.31
NT$107.76
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$1.77
NT$57.70
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.80
NT$25.94
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.12
NT$36.28
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$1.43
NT$46.46
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$1.12
NT$36.35
|
$1.13
ISK157
|
|
Onions (1 lb) |
$0.98
NT$31.97
|
$0.68
ISK95
|
|
pay 98.7% more for transportation
Taiwan
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.61
NT$117.45
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$37.97
NT$1,234.83
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,040.82
NT$1,041,951.45
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$9.01
NT$292.94
|
$23.23
ISK3,224
|
|
pay 3.4 times more for housing
Taiwan
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.06
NT$652.48
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$385.85
NT$12,547.56
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$271.82
NT$8,839.37
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.08
NT$2,018.87
|
$66.99
ISK9,297
|
|
pay 48.8% less for childcare
Taiwan
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$421.29
NT$13,700.23
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters |
$14,282.51
NT$464,459.92
|
$5,993.83
ISK831,823
|
|
pay 2.7 times more for entertainment and sports
Taiwan
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.69
NT$54.88
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$2.68
NT$87.22
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$3.70
NT$120.24
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$34.15
NT$1,110.50
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$9.15
NT$297.57
|
$13.94
ISK1,935
|
|
pay 82.7% more for clothing
Taiwan
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$68.20
NT$2,217.94
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$28.88
NT$939.14
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$77.64
NT$2,524.85
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$96.18
NT$3,127.77
|
$169.24
ISK23,487
|
|
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