Reykjavik vs Shangrao - Cost of Living Comparison

Updated: June 21, 2026

	Reykjavik	Shangrao
🚶 Cost of living one person	$3205	$684
👨‍👩‍👧‍👦 Cost of living Family	$6762	$2040
🏠 One person rent	$1954	$242
🏘️ Family rent	$2956	$417
🍽️ Food expenses	$904	$259
🚐 Transport expenses	$100	$91.1
💳 Monthly salary after tax	$4423	$801
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	7 km
🎓 Higher education	53	18
😀 Quality of life	88	46
🏙️ Population	139K	6.49M

The cost of living in Reykjavik is 369% more expensive than in Shangrao. Cities ranked 119th and 7385th ($3205 vs $684) in the list of the most expensive cities in the world and ranked 1st and 80th 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 234th in China, while ranked 258th and 7068th among best cities to live in the world.

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the estimated difference in money purchasing power

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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	$28.3	$3.71
🥂 Dinner in a Restaurant, for 2	$97.9	$29.4
🥪 Fast food meal, equiv. McDonald's	$20	$4.41
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$13.4	$0.75
☕ Cappuccino	$6.5	$2.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.26	$0.58
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2129	$279
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1743	$178
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3328	$492
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2660	$323
🔌 Utility Bill one person, electricity, heating, water, etc.	$52.2	$29.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$80.3	$44.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$82	$15.3
🏦 Mortgage Interest Rate for 20 Years	8.69%	3.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$7748	$5055
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6175	$2527
Transportation
🚌 Local transport ticket	$5.38	$0.36
🎟️ Monthly ticket local transport	$90.3	$22.4
🚕 Taxi Ride, 8 km or 5 mi	$28.9	$5.45
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.12	$1.21
Groceries
🥛 Milk, 1 L or 1 qt	$2.04	$1.95
🍞 Bread, 0.5 kg or 1.1 lb	$4.21	$1.93
🍚 Rice, 1 kg or 2.2 lb	$3.46	$1.11
🥚 Eggs, x12	$6.99	$1.95
🧀 Cheese, 1 kg or 2.2 lb	$20.2	$18.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$24.8	$3.81
🥩 Round Steak, 1 kg or 2.2 lb	$44.1	$10.3
🍏 Apples, 1 kg or 2.2 lb	$3.41	$2.2
🍌 Banana, 1 kg or 2.2 lb	$2.66	$1.6
🍊 Oranges, 1 kg or 2.2 lb	$3.17	$1.71
🍅 Tomato, 1 kg or 2.2 lb	$5.99	$1.41
🥔 Potato, 1 kg or 2.2 lb	$3.65	$0.86
🧅 Onion, 1 kg or 2.2 lb	$1.89	$0.94
🌊 Water, 1 L or 1 qt	$1.16	$0.35
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3	$1.26
🍾 Wine (mid-priced), 750 mL bottle	$23.2	$13.3
🍺 Beer, 0.5 L or 16 fl oz	$3.72	$0.8
🚬 Cigarette pack	$13.5	$4.07
💊 Cold medicince, 1 week	$11.6	$5.64
🧴 Hair Shampoo	$5.76	$5.33
🧻 Toilet paper, 4 rolls	$5.18	$1.75
👄 Toothpaste, 1 tube	$3.63	$1.85
Other
🏋️ Gym Membership, 1 month	$90.3	$35.3
🎫 Cinema Ticket, 1 person	$19.2	$7.38
👩‍⚕️ Doctor's visit	$92.8	$42.5
💇 Haircut, simple	$47.2	$6.18
👖 Brand Jeans	$146	$59
👟 Brand Sneakers	$178	$82.3
👶 Daycare or Preschool, 1 month	$472	$555
🏫 International Primary School, 1 year	$30029	$25646

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	$3092
9.8 km or 6.1 mi	Hafnarfjorur	$3106
38 km or 24 mi	Keflavik	$2581
247 km or 153 mi	Akureyri	$2921
795 km or 494 mi	Torshavn	$2017
1204 km or 748 mi	Inverness	$2005
1230 km or 764 mi	Elgin	$1523
1300 km or 808 mi	Derry	$1646
1309 km or 813 mi	Greenock	$1647
1321 km or 821 mi	Aberdeen	$1806
1325 km or 823 mi	Perth	$1640
1328 km or 825 mi	Stirling	$1835
1331 km or 827 mi	Paisley	$1885
1333 km or 828 mi	Alloa	$1842
1337 km or 831 mi	Glasgow	$2114
1339 km or 832 mi	Dundee	$1593
1340 km or 833 mi	Omagh	$1763
1341 km or 833 mi	Cumbernauld	$1611
1342 km or 834 mi	Irvine	$1704
1348 km or 838 mi	East Kilbride	$1878
1349 km or 838 mi	Kilmarnock	$1600
1351 km or 839 mi	Dunfermline	$1750
1353 km or 841 mi	Hamilton	$1831
1357 km or 843 mi	Ayr	$1586
1360 km or 845 mi	Kirkcaldy	$1794
1365 km or 848 mi	Livingston	$1760
1372 km or 852 mi	Edinburgh	$2295
1382 km or 859 mi	Newtownabbey	$1820
1387 km or 862 mi	Belfast	$1878
1390 km or 864 mi	Bangor	$1485
1391 km or 864 mi	Lisburn	$1923
1401 km or 871 mi	Alesund	$2021
1413 km or 878 mi	Galway	$3003
1425 km or 886 mi	Dundalk	$2264
1431 km or 889 mi	Dumfries	$1456
1433 km or 891 mi	Nuuk	$2508
1441 km or 895 mi	Molde	$2101
1454 km or 903 mi	Kristiansund	$1944
1455 km or 904 mi	Drogheda	$2518
1455 km or 904 mi	Bergen	$2336

Cities near Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$596
77 km or 48 mi	Wuyishan	$617
97 km or 60 mi	Yingtan	$603
106 km or 66 mi	Quzhou	$628
120 km or 75 mi	Jingdezhen	$435
145 km or 90 mi	Huangshan	$646
165 km or 103 mi	Fuzhou	$603
180 km or 112 mi	Jinhua	$611
191 km or 119 mi	Lishui	$686
201 km or 125 mi	Nanping	$689
205 km or 127 mi	Nanchang	$542
227 km or 141 mi	Yiwu	$696
237 km or 147 mi	Jiujiang	$615
246 km or 153 mi	Anqing	$551
246 km or 153 mi	Sanming	$640
250 km or 155 mi	Ningde	$672
251 km or 156 mi	Chizhou	$652
262 km or 163 mi	Ningguo	$661
268 km or 167 mi	Wenzhou	$774
274 km or 170 mi	Rui'an	$717
278 km or 173 mi	Tongling	$653
279 km or 174 mi	Qianshan	$587
282 km or 175 mi	Wuxue	$618
289 km or 179 mi	Xuancheng	$684
293 km or 182 mi	Hangzhou	$899
294 km or 183 mi	Fuzhou	$679
306 km or 190 mi	Tongcheng	$612
307 km or 191 mi	Guangde	$667
307 km or 191 mi	Xinyu	$592
308 km or 191 mi	Shaoxing	$670
313 km or 195 mi	Linhai	$677
324 km or 201 mi	Wuhu	$671
328 km or 204 mi	Ji'an	$632
333 km or 207 mi	Wenling	$687
340 km or 211 mi	Huzhou	$680
344 km or 214 mi	Daye	$658
345 km or 214 mi	Huangshi	$691
350 km or 217 mi	Putian	$673
358 km or 223 mi	Yichun	$610
361 km or 224 mi	Chaohu	$628