Reykjavik vs Taipei - Cost of Living Comparison

Updated:

Livingcost

Reykjavik Taipei
🚶 Cost of living one person
$2915
$1158
👨‍👩‍👧‍👦 Cost of living Family
$5968
$3291
🏠 One person rent
$1781
$535
🏘️ Family rent
$2749
$1250
🍽️ Food expenses
$832
$412
🚐 Transport expenses
$88.7
$107
💳 Monthly salary after tax
$3918
$1789
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
4 km
3 km
🎓 Higher education
53
95
😀 Quality of life
89
86
🏙️ Population
140K
2.6M

The cost of living in Reykjavik is 152% more expensive than in Taipei. Cities ranked 204th and 4715th ($2915 vs $1158) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Taiwan, respectively. Check Iceland vs Taiwan comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 1.5 months in Taipei. Reykjavik ranked 1st best city to live in Iceland vs Taipei ranked 2nd in Taiwan, while ranked 189th and 311th among best cities to live in the world.

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Cost of living in Reykjavik vs Taipei infographic

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Prices in Reykjavik vs Taipei

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

Reykjavik Taipei
Eating Out
🍱 Lunch Menu
$22
$5.98
🥂 Dinner in a Restaurant, for 2
$125
$31.5
🥪 Fast food meal, equiv. McDonald's
$18.5
$5.15
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$11.1
$2.59
 Cappuccino
$5.35
$3.31
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$0.99
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1809
$573
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1626
$426
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2822
$1581
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2552
$1031
🔌 Utility Bill one person, electricity, heating, water, etc.
$44.2
$54.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$68.4
$84
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$74.1
$24.9
🏦 Mortgage Interest Rate for 20 Years
8.55%
1.93%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6498
$12472
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5311
$6228
Transportation
🚌 Local transport ticket
$4.63
$0.78
🎟️ Monthly ticket local transport
$77.2
$37.6
🚕 Taxi Ride, 8 km or 5 mi
$24.8
$8.86
 Gas / Petrol, 1 L or 0.26 gal
$2.29
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.72
$2.91
🍞 Bread, 0.5 kg or 1.1 lb
$3.66
$1.89
🍚 Rice, 1 kg or 2.2 lb
$3.25
$3.01
🥚 Eggs, x12
$5.9
$2.77
🧀 Cheese, 1 kg or 2.2 lb
$16
$16.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$21.4
$9.54
🥩 Round Steak, 1 kg or 2.2 lb
$37.6
$17.1
🍏 Apples, 1 kg or 2.2 lb
$3.07
$4.52
🍌 Banana, 1 kg or 2.2 lb
$2.29
$2.21
🍊 Oranges, 1 kg or 2.2 lb
$2.72
$2.83
🍅 Tomato, 1 kg or 2.2 lb
$4.99
$3.27
🥔 Potato, 1 kg or 2.2 lb
$3.21
$2.85
🧅 Onion, 1 kg or 2.2 lb
$2.16
$2.42
🌊 Water, 1 L or 1 qt
$1.37
$0.83
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$1.8
🍾 Wine (mid-priced), 750 mL bottle
$22
$12.5
🍺 Beer, 0.5 L or 16 fl oz
$3.27
$1.63
🚬 Cigarette pack
$12.2
$3.73
💊 Cold medicince, 1 week
$11.6
$9.34
🧴 Hair Shampoo
$5.36
$7.97
🧻 Toilet paper, 4 rolls
$4.68
$1.58
👄 Toothpaste, 1 tube
$3.32
$2.75
Other
🏋️ Gym Membership, 1 month
$71.8
$39.4
🎫 Cinema Ticket, 1 person
$15.1
$10
👩‍⚕️ Doctor's visit
$84.7
$34.3
💇 Haircut, simple
$47.4
$16.8
👖 Brand Jeans
$112
$57.1
👟 Brand Sneakers
$155
$85.9
👶 Daycare or Preschool, 1 month
$254
$627
🏫 International Primary School, 1 year
$6167
$18424

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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

Cities near Taipei

Distance City Cost of living
9.6 km or 6 mi New Taipei
$1060
23 km or 14 mi Keelung
$1028
39 km or 24 mi Taoyuan
$868
39 km or 24 mi Yilan
$745
58 km or 36 mi Zhubei
$828
63 km or 39 mi Hsinchu
$864
89 km or 56 mi Miaoli
$698
133 km or 82 mi Taichung
$931
149 km or 92 mi Changhua
$841
152 km or 95 mi Nantou
$818
180 km or 112 mi Douliu
$761
206 km or 128 mi Chiayi
$707
252 km or 157 mi Fuzhou
$706
257 km or 160 mi Putian
$661
258 km or 160 mi Taitung
$801
267 km or 166 mi Tainan
$841
270 km or 168 mi Ningde
$683
276 km or 172 mi Ishigaki
$1229
297 km or 185 mi Quanzhou
$666
298 km or 185 mi Kaohsiung
$932
299 km or 186 mi Jinjiang
$654
316 km or 196 mi Rui'an
$719
330 km or 205 mi Kinmen
$821
340 km or 211 mi Wenzhou
$776
354 km or 220 mi Xiamen
$807
371 km or 230 mi Wenling
$712
379 km or 235 mi Miyakojima
$1231
380 km or 236 mi Nanping
$673
395 km or 246 mi Zhangzhou
$731
411 km or 255 mi Lishui
$719
414 km or 257 mi Sanming
$642
425 km or 264 mi Linhai
$702
454 km or 282 mi Longyan
$713
461 km or 286 mi Wuyishan
$643
488 km or 303 mi Jinhua
$731
495 km or 308 mi Yiwu
$708
508 km or 316 mi Quzhou
$633
518 km or 322 mi Shangrao
$716
520 km or 323 mi Chaozhou
$592
525 km or 326 mi Shantou
$605