Cost of living comparison

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

Reykjavik is 2.2 times more expensive than Taipa.

Restaurants
pay 3.4 times more in Reykjavik
Groceries
pay 40.6% more in Reykjavik
Transportation
pay 3.7 times more in Reykjavik
Housing
pay 68.6% more in Reykjavik
Childcare
pay 59.1% less in Reykjavik
Entertainment and Sports
pay 47.6% more in Reykjavik
Clothing
pay 3.4 times more in Reykjavik

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

Reykjavik vs. Taipa Cost Breakdown

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

pay 3.4 times more for restaurants

 
Taipa
Reykjavik
Basic meal with drink at inexpensive restaurant $6.21
MOP50.08
$20.00
ISK2,553
Fast food combo meal
McDonalds, or similar
$6.15
MOP49.58
$18.02
ISK2,300
Bottle of Coca-Cola (11 fl. oz) $0.76
MOP6.16
$3.15
ISK403

Improve prices ·

pay 40.6% more for groceries

 
Taipa
Reykjavik
Bread
1 loaf
$2.21
MOP17.85
$3.61
ISK461
Local cheese (8 oz) $8.73
MOP70.40
$7.76
ISK990
Milk (1 gallon) $5.17
MOP41.71
$6.40
ISK818

Improve prices ·

pay 3.7 times more for transportation

 
Taipa
Reykjavik
Gasoline (1 gallon) $6.03
MOP48.63
$8.50
ISK1,085
Monthly public transit pass $7.45
MOP60.10
$74.95
ISK9,569
New Volkswagen Golf 1.4 (standard edition) $31,038.42
MOP250,416.07
$42,450.45
ISK5,419,224

Improve prices ·

pay 68.6% more for housing

 
Taipa
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$29.59
MOP238.73
$69.87
ISK8,919
1-Bedroom apartment in downtown area $1,200.15
MOP9,682.75
$1,971.17
ISK251,640
1-Bedroom apartment outside city center $1,158.77
MOP9,348.87
$1,803.44
ISK230,227

Improve prices ·

pay 59.1% less for childcare

 
Taipa
Reykjavik
Private preschool for 1 child, monthly $682.85
MOP5,509.15
$252.14
ISK32,188
Middle school for 1 child, two semesters $13,355.39
MOP107,750.46
$5,993.99
ISK765,193

Improve prices ·

pay 47.6% more for entertainment and sports

 
Taipa
Reykjavik
Domestic/local beer (1 pint) $4.35
MOP35.06
$10.81
ISK1,380
Cappuccino in mid-range area $4.58
MOP36.96
$5.31
ISK677
Pack of cigarettes
Marlboro or similar
$6.21
MOP50.08
$12.25
ISK1,563

Improve prices ·

pay 3.4 times more for clothing

 
Taipa
Reykjavik
Regular jeans
Levi's brand
$31.04
MOP250.42
$108.97
ISK13,911
Regular dress
from H&M or similar store
$24.83
MOP200.33
$49.72
ISK6,347
Running shoes
Nike or Adidas
$32.28
MOP260.43
$151.85
ISK19,386

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in Macau vs. Iceland. This provides a comparison of the average cost of living from cities within Macau and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Taipa. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.