Cost of living comparison

Reykjavik, Iceland

compared to

Macao, Macau

Macao vs. Reykjavik Cost of Living Summary

Macao is 6.3% cheaper than Reykjavik.

Restaurants: pay 70.2% less in Macao
Groceries: pay 9.6% more in Macao
Transportation: pay 43.0% less in Macao
Housing: pay 28.0% less in Macao
Childcare: pay 2.5 times more in Macao
Entertainment and Sports: pay 21.2% less in Macao
Clothing: pay 38.1% less in Macao

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

Macao vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 70.2% less for restaurants

	Reykjavik	Macao
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,545	$6.21 MOP50.12	-69.0%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,293	$6.21 MOP50.12	-65.5%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK401	$0.76 MOP6.17	-75.8%
Bottle of water (11 fl. oz)	$2.19 ISK278	$0.65 MOP5.21	-70.5%
Average			-70.2%

Reykjavik vs. Macao - Cost of restaurants

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pay 9.6% more for groceries

	Reykjavik	Macao
Bread 1 loaf	$3.61 ISK459	$2.21 MOP17.87	-38.7%
Local cheese (8 oz)	$7.76 ISK987	$8.73 MOP70.48	+12.5%
Milk (1 gallon)	$6.40 ISK815	$11.15 MOP89.98	+74.0%
Eggs 1 dozen	$5.76 ISK733	$2.85 MOP23.04	-50.4%
Boneless chicken breast (1 lb)	$9.45 ISK1,202	$3.54 MOP28.60	-62.5%
Apples (1 lb)	$1.40 ISK178	$1.72 MOP13.90	+22.8%
Bananas (1 lb)	$1.01 ISK128	$1.46 MOP11.82	+45.1%
Oranges (1 lb)	$1.22 ISK155	$1.72 MOP13.91	+41.5%
Tomatoes (1 lb)	$2.22 ISK283	$1.28 MOP10.36	-42.3%
Potatoes (1 lb)	$1.43 ISK183	$1.98 MOP15.95	+37.7%
Onions (1 lb)	$0.93 ISK119	$1.55 MOP12.54	+66.4%
Average			+9.6%

Reykjavik vs. Macao - Cost of groceries

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pay 43.0% less for transportation

	Reykjavik	Macao
Gasoline (1 gallon)	$8.50 ISK1,082	$6.61 MOP53.34	-22.3%
Monthly public transit pass	$74.95 ISK9,538	$22.35 MOP180.43	-70.2%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,401,820	$31,038.42 MOP250,601.68	-26.9%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,060	$11.35 MOP91.62	-52.8%
Average			-43.0%

Reykjavik vs. Macao - Cost of transportation

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pay 28.0% less for housing

	Reykjavik	Macao
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,890	$29.59 MOP238.91	-57.6%
1-Bedroom apartment in downtown area	$1,971.17 ISK250,832	$1,062.76 MOP8,580.60	-46.1%
1-Bedroom apartment outside city center	$1,803.44 ISK229,488	$827.69 MOP6,682.71	-54.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,866	$78.75 MOP635.86	+46.0%
Average			-28.0%

Reykjavik vs. Macao - Cost of housing

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pay 2.5 times more for childcare

	Reykjavik	Macao
Private preschool for 1 child, monthly	$252.14 ISK32,085	$682.85 MOP5,513.24	+170.8%
Middle school for 1 child, two semesters	$5,993.99 ISK762,736	$13,355.39 MOP107,830.32	+122.8%
Average			+146.8%

Reykjavik vs. Macao - Cost of childcare

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pay 21.2% less for entertainment and sports

	Reykjavik	Macao
Domestic/local beer (1 pint)	$10.81 ISK1,376	$5.81 MOP46.92	-46.2%
Cappuccino in mid-range area	$5.31 ISK675	$4.58 MOP37.01	-13.6%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,558	$6.21 MOP50.12	-49.3%
Monthly membership at local gym	$69.95 ISK8,901	$86.91 MOP701.68	+24.2%
Movie ticket to theater/cinema	$14.77 ISK1,880	$14.77 MOP119.29
Average			-21.2%

Reykjavik vs. Macao - Cost of entertainment and sports

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pay 38.1% less for clothing

	Reykjavik	Macao
Regular jeans Levi's brand	$108.97 ISK13,867	$72.38 MOP584.40	-33.6%
Regular dress from H&M or similar store	$49.72 ISK6,327	$37.25 MOP300.72	-25.1%
Running shoes Nike or Adidas	$151.85 ISK19,323	$84.84 MOP684.98	-44.1%
Men's business shoes (leather)	$194.16 ISK24,707	$97.55 MOP787.61	-49.8%
Average			-38.1%

Reykjavik vs. Macao - 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: June 2025

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