Cost of living comparison
Taiwan is 28.6% cheaper than Iceland.
If you lived in Taiwan instead of Iceland, you would:
pay 70.7% less for restaurants
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$3.79
NT$121.06
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$4.76
NT$151.93
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$0.98
NT$31.18
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.64
NT$20.42
|
|
pay (unknown) more for groceries
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$1.83
NT$58.39
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$7.72
NT$246.65
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$11.17
NT$356.90
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$2.76
NT$88.13
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$3.31
NT$105.84
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.77
NT$56.67
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.80
NT$25.48
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.12
NT$35.63
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$1.43
NT$45.63
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$1.12
NT$35.70
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.98
NT$31.40
|
pay 45.5% less for transportation
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$3.61
NT$115.35
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$37.97
NT$1,212.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$32,040.82
NT$1,023,313.31
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$9.01
NT$287.70
|
|
pay 58.6% less for housing
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$20.06
NT$640.81
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$385.85
NT$12,323.11
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$271.82
NT$8,681.25
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$62.08
NT$1,982.76
|
|
pay 2.0 times more for childcare
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$421.29
NT$13,455.16
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$14,282.51
NT$456,151.79
|
|
pay 53.7% less for entertainment and sports
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$1.69
NT$53.90
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$2.68
NT$85.66
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$3.70
NT$118.09
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$34.15
NT$1,090.64
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$9.15
NT$292.25
|
|
pay 44.8% less for clothing
|
Iceland
|
Taiwan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$68.20
NT$2,178.26
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$28.88
NT$922.34
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$77.64
NT$2,479.69
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$96.18
NT$3,071.82
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Taiwan or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.