Cost of living comparison

compared to

Foshan vs. Reykjavik Cost of Living Summary

Foshan is 23.7% cheaper than Reykjavik.

Restaurants: pay 81.5% less in Foshan
Groceries: pay 44.0% less in Foshan
Transportation: pay 67.1% less in Foshan
Housing: pay 67.4% less in Foshan
Childcare: pay 3.0 times more in Foshan
Entertainment and Sports: pay 51.1% less in Foshan
Clothing: pay 53.3% less in Foshan

Expenses including restaurants, housing, transportation, clothing, entertainment and sports, and groceries are lower in Foshan. Notably, childcare is significantly more expensive in Foshan.

Foshan vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 81.5% less for restaurants

	Reykjavik	Foshan
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,796	$3.48 CN¥25.47	-82.6%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,519	$4.87 CN¥35.65	-73.0%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK441	$0.49 CN¥3.57	-84.6%
Bottle of water (11 fl. oz)	$2.19 ISK305	$0.31 CN¥2.29	-85.7%
Average			-81.5%

Reykjavik vs. Foshan - Cost of restaurants

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pay 44.0% less for groceries

	Reykjavik	Foshan
Bread 1 loaf	$3.61 ISK505	$1.96 CN¥14.35	-45.7%
Local cheese (8 oz)	$7.76 ISK1,084	$6.40 CN¥46.86	-17.5%
Milk (1 gallon)	$6.40 ISK895	$7.62 CN¥55.75	+18.9%
Eggs 1 dozen	$5.76 ISK805	$1.87 CN¥13.69	-67.5%
Boneless chicken breast (1 lb)	$9.45 ISK1,321	$1.87 CN¥13.71	-80.2%
Apples (1 lb)	$1.40 ISK196	$0.90 CN¥6.56	-36.1%
Bananas (1 lb)	$1.01 ISK141	$0.60 CN¥4.39	-40.6%
Oranges (1 lb)	$1.22 ISK170	$0.83 CN¥6.08	-31.8%
Tomatoes (1 lb)	$2.22 ISK311	$0.65 CN¥4.79	-70.6%
Potatoes (1 lb)	$1.43 ISK201	$0.46 CN¥3.35	-68.1%
Onions (1 lb)	$0.93 ISK131	$0.52 CN¥3.79	-44.6%
Average			-44.0%

Reykjavik vs. Foshan - Cost of groceries

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pay 67.1% less for transportation

	Reykjavik	Foshan
Gasoline (1 gallon)	$8.50 ISK1,188	$4.47 CN¥32.75	-47.4%
Monthly public transit pass	$74.95 ISK10,477	$11.13 CN¥81.49	-85.1%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,933,724	$19,132.83 CN¥140,063.80	-54.9%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,362	$4.56 CN¥33.41	-81.0%
Average			-67.1%

Reykjavik vs. Foshan - Cost of transportation

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pay 67.4% less for housing

	Reykjavik	Foshan
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,766	$13.67 CN¥100.10	-80.4%
1-Bedroom apartment in downtown area	$1,971.17 ISK275,530	$218.00 CN¥1,595.88	-88.9%
1-Bedroom apartment outside city center	$1,803.44 ISK252,085	$120.59 CN¥882.83	-93.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,542	$50.30 CN¥368.20	-6.8%
Average			-67.4%

Reykjavik vs. Foshan - Cost of housing

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pay 3.0 times more for childcare

	Reykjavik	Foshan
Private preschool for 1 child, monthly	$252.14 ISK35,244	$508.66 CN¥3,723.72	+101.7%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$23,655.14 CN¥173,169.79	+294.6%
Average			+198.2%

Reykjavik vs. Foshan - Cost of childcare

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pay 51.1% less for entertainment and sports

	Reykjavik	Foshan
Domestic/local beer (1 pint)	$10.81 ISK1,511	$1.11 CN¥8.15	-89.7%
Cappuccino in mid-range area	$5.31 ISK742	$3.16 CN¥23.16	-40.4%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,712	$3.83 CN¥28.01	-68.8%
Monthly membership at local gym	$69.95 ISK9,777	$67.25 CN¥492.35	-3.8%
Movie ticket to theater/cinema	$14.77 ISK2,065	$6.96 CN¥50.93	-52.9%
Average			-51.1%

Reykjavik vs. Foshan - Cost of entertainment and sports

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pay 53.3% less for clothing

	Reykjavik	Foshan
Regular jeans Levi's brand	$108.97 ISK15,232	$43.41 CN¥317.82	-60.2%
Regular dress from H&M or similar store	$49.72 ISK6,950	$28.97 CN¥212.10	-41.7%
Running shoes Nike or Adidas	$151.85 ISK21,226	$67.77 CN¥496.15	-55.4%
Men's business shoes (leather)	$194.16 ISK27,139	$85.76 CN¥627.83	-55.8%
Average			-53.3%

Reykjavik vs. Foshan - Cost of clothing

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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: January 2025

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