Cost of living comparison

 Macao, Macau
compared to
 Reykjavik, Iceland
Reykjavik vs. Macao Cost of Living Summary

Reykjavik is 70.1% more expensive than Macao.

Restaurants
pay 3.4 times more in Reykjavik
Groceries
pay 18.6% more in Reykjavik
Transportation
pay 2.0 times more in Reykjavik
Housing
pay 77.0% more in Reykjavik
Childcare
pay 59.1% less in Reykjavik
Entertainment and Sports
pay 44.9% more in Reykjavik
Clothing
pay 65.5% more in Reykjavik

The cost of restaurants, transportation, housing, clothing, entertainment and sports, and groceries in Reykjavik are more expensive than in Macao. Notably, restaurants, transportation, and housing are significantly more expensive in Reykjavik.

Reykjavik vs. Macao Cost Breakdown

If you lived in Reykjavik instead of Macao, you would:

pay 3.4 times more for restaurants

 
Macao
Reykjavik
Basic meal with drink at inexpensive restaurant $6.21
MOP50.12
$20.00
ISK2,545
Fast food combo meal
McDonalds, or similar
$6.21
MOP50.12
$18.02
ISK2,293
Bottle of Coca-Cola (11 fl. oz) $0.76
MOP6.17
$3.15
ISK401

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pay 18.6% more for groceries

 
Macao
Reykjavik
Bread
1 loaf
$2.21
MOP17.87
$3.61
ISK459
Local cheese (8 oz) $8.73
MOP70.48
$7.76
ISK987
Milk (1 gallon) $11.15
MOP89.98
$6.40
ISK815

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pay 2.0 times more for transportation

 
Macao
Reykjavik
Gasoline (1 gallon) $6.61
MOP53.34
$8.50
ISK1,082
Monthly public transit pass $22.35
MOP180.43
$74.95
ISK9,538
New Volkswagen Golf 1.4 (standard edition) $31,038.42
MOP250,601.68
$42,450.45
ISK5,401,820

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pay 77.0% more for housing

 
Macao
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$29.59
MOP238.91
$69.87
ISK8,890
1-Bedroom apartment in downtown area $1,062.76
MOP8,580.60
$1,971.17
ISK250,832
1-Bedroom apartment outside city center $827.69
MOP6,682.71
$1,803.44
ISK229,488

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pay 59.1% less for childcare

 
Macao
Reykjavik
Private preschool for 1 child, monthly $682.85
MOP5,513.24
$252.14
ISK32,085
Middle school for 1 child, two semesters $13,355.39
MOP107,830.32
$5,993.99
ISK762,736

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pay 44.9% more for entertainment and sports

 
Macao
Reykjavik
Domestic/local beer (1 pint) $5.81
MOP46.92
$10.81
ISK1,376
Cappuccino in mid-range area $4.58
MOP37.01
$5.31
ISK675
Pack of cigarettes
Marlboro or similar
$6.21
MOP50.12
$12.25
ISK1,558

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pay 65.5% more for clothing

 
Macao
Reykjavik
Regular jeans
Levi's brand
$72.38
MOP584.40
$108.97
ISK13,867
Regular dress
from H&M or similar store
$37.25
MOP300.72
$49.72
ISK6,327
Running shoes
Nike or Adidas
$84.84
MOP684.98
$151.85
ISK19,323

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: May 2025
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