Reykjavik vs Shangrao - Cost of Living Comparison

Updated: March 11, 2026

	Reykjavik	Shangrao
🚶 Cost of living one person	$3322	$665
👨‍👩‍👧‍👦 Cost of living Family	$6846	$2017
🏠 One person rent	$2058	$241
🏘️ Family rent	$3020	$415
🍽️ Food expenses	$916	$252
🚐 Transport expenses	$102	$86.4
💳 Monthly salary after tax	$4546	$799
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	7 km
🎓 Higher education	52	18
😀 Quality of life	89	47
🏙️ Population	139K	6.49M

The cost of living in Reykjavik is 399% more expensive than in Shangrao. Cities ranked 86th and 7479th ($3322 vs $665) in the list of the most expensive cities in the world and ranked 1st and 91st in Iceland and China, respectively. Check Iceland vs China comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Reykjavik compared to 1.2 months in Shangrao. Reykjavik ranked 1st best city to live in Iceland vs Shangrao ranked 204th in China, while ranked 268th and 6989th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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<img src="https://livingcost.org/assets/photo/cost/reykjavik/shangrao.jpg" alt="Cost of living in Reykjavik vs Shangrao infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/reykjavik/shangrao" target="_blank">Reykjavik vs Shangrao - Cost of Living Comparison</a></p>

Prices in Reykjavik vs Shangrao

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

	Reykjavik	Shangrao
Eating Out
🍱 Lunch Menu	$28.6	$3.63
🥂 Dinner in a Restaurant, for 2	$90.8	$28.9
🥪 Fast food meal, equiv. McDonald's	$20.3	$4.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$12.6	$0.71
☕ Cappuccino	$6.19	$2.15
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.25	$0.51
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2151	$281
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1861	$174
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3373	$496
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2721	$316
🔌 Utility Bill one person, electricity, heating, water, etc.	$51.6	$30.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$81.7	$47.2
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$87.2	$15.5
🏦 Mortgage Interest Rate for 20 Years	8.79%	3.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$7832	$4424
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6385	$2203
Transportation
🚌 Local transport ticket	$5.51	$0.33
🎟️ Monthly ticket local transport	$87.9	$20.7
🚕 Taxi Ride, 8 km or 5 mi	$29.5	$5.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.49	$1.15
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$2.25
🍞 Bread, 0.5 kg or 1.1 lb	$4.44	$1.87
🍚 Rice, 1 kg or 2.2 lb	$3.58	$1.09
🥚 Eggs, x12	$6.83	$2.01
🧀 Cheese, 1 kg or 2.2 lb	$19.7	$16.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$26	$3.51
🥩 Round Steak, 1 kg or 2.2 lb	$44.9	$9.5
🍏 Apples, 1 kg or 2.2 lb	$3.55	$2.14
🍌 Banana, 1 kg or 2.2 lb	$2.67	$1.7
🍊 Oranges, 1 kg or 2.2 lb	$3.41	$1.71
🍅 Tomato, 1 kg or 2.2 lb	$5.8	$1.25
🥔 Potato, 1 kg or 2.2 lb	$3.52	$0.75
🧅 Onion, 1 kg or 2.2 lb	$2.2	$1
🌊 Water, 1 L or 1 qt	$1.27	$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.01	$1.21
🍾 Wine (mid-priced), 750 mL bottle	$24.2	$13.1
🍺 Beer, 0.5 L or 16 fl oz	$3.95	$0.8
🚬 Cigarette pack	$14	$4.31
💊 Cold medicince, 1 week	$12.7	$5.55
🧴 Hair Shampoo	$5.93	$5.13
🧻 Toilet paper, 4 rolls	$5.26	$1.72
👄 Toothpaste, 1 tube	$3.63	$1.77
Other
🏋️ Gym Membership, 1 month	$95.3	$33.4
🎫 Cinema Ticket, 1 person	$18.6	$7.19
👩‍⚕️ Doctor's visit	$93.8	$40.9
💇 Haircut, simple	$46.1	$6.16
👖 Brand Jeans	$144	$51.7
👟 Brand Sneakers	$176	$76.1
👶 Daycare or Preschool, 1 month	$408	$480
🏫 International Primary School, 1 year	$30361	$30231

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409

Cities near Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$586
77 km or 48 mi	Wuyishan	$610
97 km or 60 mi	Yingtan	$594
106 km or 66 mi	Quzhou	$617
120 km or 75 mi	Jingdezhen	$428
145 km or 90 mi	Huangshan	$628
165 km or 103 mi	Fuzhou	$595
180 km or 112 mi	Jinhua	$598
191 km or 119 mi	Lishui	$697
201 km or 125 mi	Nanping	$682
205 km or 127 mi	Nanchang	$539
227 km or 141 mi	Yiwu	$667
237 km or 147 mi	Jiujiang	$599
246 km or 153 mi	Anqing	$544
246 km or 153 mi	Sanming	$634
250 km or 155 mi	Ningde	$654
251 km or 156 mi	Chizhou	$634
262 km or 163 mi	Ningguo	$644
268 km or 167 mi	Wenzhou	$763
274 km or 170 mi	Rui'an	$705
278 km or 173 mi	Tongling	$646
279 km or 174 mi	Qianshan	$579
282 km or 175 mi	Wuxue	$602
289 km or 179 mi	Xuancheng	$665
293 km or 182 mi	Hangzhou	$860
294 km or 183 mi	Fuzhou	$656
306 km or 190 mi	Tongcheng	$603
307 km or 191 mi	Guangde	$652
307 km or 191 mi	Xinyu	$588
308 km or 191 mi	Shaoxing	$680
313 km or 195 mi	Linhai	$661
324 km or 201 mi	Wuhu	$680
328 km or 204 mi	Ji'an	$630
333 km or 207 mi	Wenling	$677
340 km or 211 mi	Huzhou	$643
344 km or 214 mi	Daye	$651
345 km or 214 mi	Huangshi	$682
350 km or 217 mi	Putian	$668
358 km or 223 mi	Yichun	$603
361 km or 224 mi	Chaohu	$633