Cost of living comparison
Iceland is 74.5% more expensive than Macau.
If you lived in Iceland instead of Macau, you would:
pay 3.2 times more for restaurants
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.21
MOP49.93
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.18
MOP49.68
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.76
MOP6.14
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$0.65
MOP5.19
|
$2.02
ISK278
|
|
pay 13.8% more for groceries
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.21
MOP17.80
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$8.73
MOP70.20
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$8.16
MOP65.61
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.39
MOP19.26
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.54
MOP28.48
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$1.72
MOP13.85
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.46
MOP11.78
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.72
MOP13.85
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.08
MOP8.71
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$1.98
MOP15.89
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$1.55
MOP12.49
|
$0.78
ISK108
|
|
pay 2.3 times more for transportation
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.32
MOP50.80
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$14.90
MOP119.82
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,038.42
MOP249,634.80
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$11.35
MOP91.27
|
$22.04
ISK3,033
|
|
pay 62.6% more for housing
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.59
MOP237.99
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$1,131.45
MOP9,100.02
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$993.23
MOP7,988.31
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.16
MOP499.96
|
$58.01
ISK7,986
|
|
pay 58.7% less for childcare
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$682.85
MOP5,491.97
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$13,355.39
MOP107,414.29
|
$5,993.99
ISK825,073
|
|
pay 27.4% more for entertainment and sports
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.08
MOP40.85
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$4.58
MOP36.85
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.21
MOP49.93
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$99.32
MOP798.83
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$13.91
MOP111.84
|
$14.35
ISK1,975
|
|
pay 2.3 times more for clothing
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.71
MOP415.89
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$31.04
MOP249.63
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$58.56
MOP470.98
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$76.71
MOP616.95
|
$184.49
ISK25,396
|
|
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