Cost of living comparison
compared to
Reykjavik vs. Taiyuan Cost of Living Summary
Reykjavik is 5.7 times more expensive than Taiyuan.
- Restaurants
- pay 8.4 times more in Reykjavik
- Groceries
- pay 4.2 times more in Reykjavik
- Transportation
- pay 5.3 times more in Reykjavik
- Housing
- pay 9.5 times more in Reykjavik
- Childcare
- pay 4.0 times more in Reykjavik
- Entertainment and Sports
- pay 4.9 times more in Reykjavik
- Clothing
- pay 3.5 times more in Reykjavik
Reykjavik vs. Taiyuan Cost Breakdown
If you lived in Reykjavik instead of Taiyuan, you would:
pay 8.4 times more for restaurants
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $2.10 CN¥14.30 | $27.48 ISK3,476 | |
| Fast food combo meal McDonalds, or similar | $4.21 CN¥28.59 | $22.76 ISK2,879 | |
| Bottle of Coca-Cola (11 fl. oz) | $0.54 CN¥3.65 | $3.34 ISK422 | |
| Bottle of water (11 fl. oz) | $0.31 CN¥2.10 | $2.70 ISK341 | |
Taiyuan vs. Reykjavik - Cost of restaurants
pay 4.2 times more for groceries
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Bread 1 loaf | $2.80 CN¥19.06 | $4.63 ISK586 | |
| Local cheese (8 oz) | $7.01 CN¥47.65 | $9.44 ISK1,194 | |
| Milk (1 gallon) | $5.31 CN¥36.08 | $7.63 ISK965 | |
| Eggs 1 dozen | $0.91 CN¥6.19 | $6.50 ISK822 | |
| Boneless chicken breast (1 lb) | $1.27 CN¥8.65 | $11.29 ISK1,428 | |
| Apples (1 lb) | $0.95 CN¥6.48 | $1.59 ISK201 | |
| Bananas (1 lb) | $0.61 CN¥4.18 | $1.17 ISK148 | |
| Oranges (1 lb) | $0.36 CN¥2.45 | $1.49 ISK188 | |
| Tomatoes (1 lb) | $0.49 CN¥3.31 | $2.54 ISK321 | |
| Potatoes (1 lb) | $0.23 CN¥1.59 | $1.70 ISK215 | |
| Onions (1 lb) | $0.19 CN¥1.30 | $1.13 ISK143 | |
Taiyuan vs. Reykjavik - Cost of groceries
pay 5.3 times more for transportation
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Gasoline (1 gallon) | $4.19 CN¥28.47 | $9.66 ISK1,222 | |
| Monthly public transit pass | $12.62 CN¥85.78 | $88.58 ISK11,205 | |
| New Volkswagen Golf 1.4 (standard edition) | $23,469.04 CN¥160K | $50,771.00 ISK6M | |
| Taxi trip in downtown area (5 miles) | $2.92 CN¥19.82 | $28.07 ISK3,550 | |
Taiyuan vs. Reykjavik - Cost of transportation
pay 9.5 times more for housing
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $11.92 CN¥81.01 | $81.97 ISK10,368 | |
| 1-Bedroom apartment in downtown area | $210.30 CN¥1,429.63 | $2,259.48 ISK286K | |
| 1-Bedroom apartment outside city center | $105.15 CN¥714.82 | $2,034.90 ISK257K | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $52.34 CN¥355.79 | $60.87 ISK7,700 | |
Taiyuan vs. Reykjavik - Cost of housing
pay 4.0 times more for childcare
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $420.59 CN¥2,859.27 | $327.78 ISK41,461 | |
| Middle school for 1 child, two semesters | $4,205.92 CN¥28,592.70 | $30,711.08 ISK4M | |
Taiyuan vs. Reykjavik - Cost of childcare
pay 4.9 times more for entertainment and sports
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $1.26 CN¥8.58 | $13.12 ISK1,660 | |
| Cappuccino in mid-range area | $2.42 CN¥16.44 | $6.17 ISK781 | |
| Pack of cigarettes Marlboro or similar | $2.10 CN¥14.30 | $13.94 ISK1,763 | |
| Monthly membership at local gym | $42.06 CN¥285.93 | $87.35 ISK11,049 | |
| Movie ticket to theater/cinema | $5.61 CN¥38.12 | $17.18 ISK2,174 | |
Taiyuan vs. Reykjavik - Cost of entertainment and sports
pay 3.5 times more for clothing
Taiyuan | Reykjavik | ||
|---|---|---|---|
| Regular jeans Levi's brand | $24.30 CN¥165.20 | $145.10 ISK18,353 | |
| Regular dress from H&M or similar store | $49.07 CN¥333.58 | $63.97 ISK8,091 | |
| Running shoes Nike or Adidas | $70.10 CN¥476.54 | $193.43 ISK24,467 | |
| Men's business shoes (leather) | $65.43 CN¥444.78 | $248.79 ISK31,470 | |
Taiyuan vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2026
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