New Taipei vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

New Taipei Reykjavik
🚶 Cost of living one person
$1060
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2992
$5968
🏠 One person rent
$464
$1781
🏘️ Family rent
$1087
$2749
🍽️ Food expenses
$370
$832
🚐 Transport expenses
$119
$88.7
💳 Monthly salary after tax
$1661
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
4 km
🎓 Higher education
95
53
😀 Quality of life
87
89
🏙️ Population
4.04M
140K

The cost of living in New Taipei is 64% less expensive than in Reykjavik. Cities ranked 5212th and 204th ($1060 vs $2915) in the list of the most expensive cities in the world and ranked 2nd and 1st in Taiwan and Iceland, respectively. Check Taiwan vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.6 months in New Taipei compared to 1.3 months in Reykjavik. New Taipei ranked 1st best city to live in Taiwan vs Reykjavik ranked 1st in Iceland, while ranked 279th and 189th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in New Taipei vs Reykjavik infographic

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Prices in New Taipei vs Reykjavik

Prices for goods and services in New Taipei and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

New Taipei Reykjavik
Eating Out
🍱 Lunch Menu
$4.67
$22
🥂 Dinner in a Restaurant, for 2
$31.2
$125
🥪 Fast food meal, equiv. McDonald's
$5.2
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.49
$11.1
 Cappuccino
$2.85
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.99
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$483
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$361
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1333
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$890
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$54.3
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$83.7
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.4
$74.1
🏦 Mortgage Interest Rate for 20 Years
1.97%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9578
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4941
$5311
Transportation
🚌 Local transport ticket
$0.71
$4.63
🎟️ Monthly ticket local transport
$37.3
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$8.92
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$0.97
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$2.93
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.9
$3.66
🍚 Rice, 1 kg or 2.2 lb
$3
$3.25
🥚 Eggs, x12
$2.85
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$16.6
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.01
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$17.4
$37.6
🍏 Apples, 1 kg or 2.2 lb
$4.54
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.59
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.42
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$2.19
$4.99
🥔 Potato, 1 kg or 2.2 lb
$2.76
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.33
$2.16
🌊 Water, 1 L or 1 qt
$0.65
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.77
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$11.9
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.36
$3.27
🚬 Cigarette pack
$3.8
$12.2
💊 Cold medicince, 1 week
$9.54
$11.6
🧴 Hair Shampoo
$7.87
$5.36
🧻 Toilet paper, 4 rolls
$1.67
$4.68
👄 Toothpaste, 1 tube
$2.71
$3.32
Other
🏋️ Gym Membership, 1 month
$29.9
$71.8
🎫 Cinema Ticket, 1 person
$10.1
$15.1
👩‍⚕️ Doctor's visit
$36.5
$84.7
💇 Haircut, simple
$16.1
$47.4
👖 Brand Jeans
$67.7
$112
👟 Brand Sneakers
$86.8
$155
👶 Daycare or Preschool, 1 month
$504
$254
🏫 International Primary School, 1 year
$13786
$6167

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Cities near New Taipei

Distance City Cost of living
9.6 km or 6 mi Taipei
$1158
29 km or 18 mi Taoyuan
$868
33 km or 20 mi Keelung
$1028
42 km or 26 mi Yilan
$745
48 km or 30 mi Zhubei
$828
53 km or 33 mi Hsinchu
$864
80 km or 50 mi Miaoli
$698
124 km or 77 mi Taichung
$931
140 km or 87 mi Changhua
$841
144 km or 90 mi Nantou
$818
171 km or 106 mi Douliu
$761
198 km or 123 mi Chiayi
$707
246 km or 153 mi Fuzhou
$706
250 km or 155 mi Putian
$661
252 km or 157 mi Taitung
$801
259 km or 161 mi Tainan
$841
267 km or 166 mi Ningde
$683
283 km or 176 mi Ishigaki
$1229
289 km or 179 mi Quanzhou
$666
290 km or 180 mi Jinjiang
$654
291 km or 181 mi Kaohsiung
$932
318 km or 197 mi Rui'an
$719
321 km or 199 mi Kinmen
$821
341 km or 212 mi Wenzhou
$776
345 km or 214 mi Xiamen
$807
375 km or 233 mi Nanping
$673
375 km or 233 mi Wenling
$712
386 km or 240 mi Zhangzhou
$731
387 km or 241 mi Miyakojima
$1231
408 km or 253 mi Sanming
$642
411 km or 256 mi Lishui
$719
428 km or 266 mi Linhai
$702
445 km or 277 mi Longyan
$713
457 km or 284 mi Wuyishan
$643
489 km or 304 mi Jinhua
$731
497 km or 309 mi Yiwu
$708
507 km or 315 mi Quzhou
$633
510 km or 317 mi Chaozhou
$592
515 km or 320 mi Shangrao
$716
515 km or 320 mi Shantou
$605

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161