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
MOP49.50
|
$19.40
ISK2,699
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.18
MOP49.25
|
$16.94
ISK2,357
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.76
MOP6.09
|
$2.81
ISK391
|
|
| Bottle of water (11 fl. oz) |
$0.65
MOP5.15
|
$2.02
ISK281
|
|
pay 13.8% more for groceries
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.21
MOP17.64
|
$2.95
ISK411
|
|
| Local cheese (8 oz) |
$8.73
MOP69.59
|
$7.27
ISK1,011
|
|
| Milk (1 gallon) |
$8.16
MOP65.04
|
$6.01
ISK836
|
|
|
Eggs
1 dozen
|
$2.39
MOP19.10
|
$5.42
ISK754
|
|
| Boneless chicken breast (1 lb) |
$3.54
MOP28.23
|
$8.51
ISK1,184
|
|
| Apples (1 lb) |
$1.72
MOP13.73
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$1.46
MOP11.67
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.72
MOP13.73
|
$1.17
ISK163
|
|
| Tomatoes (1 lb) |
$1.08
MOP8.63
|
$1.87
ISK261
|
|
| Potatoes (1 lb) |
$1.98
MOP15.75
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$1.55
MOP12.39
|
$0.78
ISK109
|
|
pay 2.3 times more for transportation
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.32
MOP50.37
|
$8.36
ISK1,163
|
|
| Monthly public transit pass |
$14.90
MOP118.79
|
$71.28
ISK9,917
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,038.42
MOP247,486.32
|
$40,660.66
ISK5,657,118
|
|
| Taxi trip in downtown area (5 miles) |
$11.35
MOP90.48
|
$22.04
ISK3,066
|
|
pay 62.6% more for housing
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.59
MOP235.94
|
$72.17
ISK10,042
|
|
| 1-Bedroom apartment in downtown area |
$1,131.45
MOP9,021.70
|
$1,838.04
ISK255,726
|
|
| 1-Bedroom apartment outside city center |
$993.23
MOP7,919.56
|
$1,497.77
ISK208,385
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.16
MOP495.66
|
$58.01
ISK8,072
|
|
pay 58.7% less for childcare
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$682.85
MOP5,444.70
|
$258.16
ISK35,918
|
|
| Middle school for 1 child, two semesters |
$13,355.39
MOP106,489.83
|
$5,993.99
ISK833,944
|
|
pay 27.4% more for entertainment and sports
|
Macau
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.08
MOP40.49
|
$9.19
ISK1,278
|
|
| Cappuccino in mid-range area |
$4.58
MOP36.54
|
$4.65
ISK647
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.21
MOP49.50
|
$11.76
ISK1,636
|
|
| Monthly membership at local gym |
$99.32
MOP791.96
|
$61.46
ISK8,551
|
|
| Movie ticket to theater/cinema |
$13.91
MOP110.87
|
$14.35
ISK1,996
|
|
pay 2.3 times more for clothing
|
Macau
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.71
MOP412.31
|
$111.23
ISK15,476
|
|
|
Regular dress
from H&M or similar store
|
$31.04
MOP247.49
|
$59.69
ISK8,305
|
|
|
Running shoes
Nike or Adidas
|
$58.56
MOP466.92
|
$148.00
ISK20,591
|
|
| Men's business shoes (leather) |
$76.71
MOP611.64
|
$184.49
ISK25,669
|
|
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