Cost of living comparison

Wenzhou, China

compared to

Reykjavik, Iceland

Reykjavik vs. Wenzhou Cost of Living Summary

Reykjavik is 3.8 times more expensive than Wenzhou.

Restaurants: pay 6.3 times more in Reykjavik
Groceries: pay 2.8 times more in Reykjavik
Transportation: pay 3.2 times more in Reykjavik
Housing: pay 6.0 times more in Reykjavik
Childcare: pay 45.7% less in Reykjavik
Entertainment and Sports: pay 5.0 times more in Reykjavik
Clothing: pay 3.1 times more in Reykjavik

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

Reykjavik vs. Wenzhou Cost Breakdown

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

Display currency: USD

pay 6.3 times more for restaurants

	Wenzhou	Reykjavik
Basic meal with drink at inexpensive restaurant	$2.78 CN¥19.94	$20.00 ISK2,419	+618.7%
Fast food combo meal McDonalds, or similar	$4.87 CN¥34.90	$18.02 ISK2,179	+270.0%
Bottle of Coca-Cola (11 fl. oz)	$0.46 CN¥3.29	$3.15 ISK381	+586.8%
Bottle of water (11 fl. oz)	$0.29 CN¥2.08	$2.19 ISK264	+651.1%
Average			+531.6%

Wenzhou vs. Reykjavik - Cost of restaurants

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pay 2.8 times more for groceries

	Wenzhou	Reykjavik
Bread 1 loaf	$1.72 CN¥12.30	$3.61 ISK437	+110.4%
Local cheese (8 oz)	$3.48 CN¥24.93	$7.76 ISK938	+123.0%
Milk (1 gallon)	$7.80 CN¥55.86	$6.40 ISK774	-17.8%
Eggs 1 dozen	$1.76 CN¥12.61	$5.76 ISK696	+227.1%
Boneless chicken breast (1 lb)	$1.40 CN¥10.03	$9.45 ISK1,142	+574.6%
Apples (1 lb)	$0.79 CN¥5.65	$1.40 ISK170	+77.7%
Bananas (1 lb)	$0.77 CN¥5.52	$1.01 ISK122	+31.0%
Oranges (1 lb)	$0.69 CN¥4.97	$1.22 ISK147	+75.4%
Tomatoes (1 lb)	$0.50 CN¥3.57	$2.22 ISK269	+346.7%
Potatoes (1 lb)	$0.35 CN¥2.53	$1.43 ISK173	+306.9%
Onions (1 lb)	$0.41 CN¥2.90	$0.93 ISK113	+130.5%
Average			+180.5%

Wenzhou vs. Reykjavik - Cost of groceries

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pay 3.2 times more for transportation

	Wenzhou	Reykjavik
Gasoline (1 gallon)	$4.48 CN¥32.09	$8.50 ISK1,028	+89.8%
Monthly public transit pass	??	$74.95 ISK9,064
New Volkswagen Golf 1.4 (standard edition)	$19,480.70 CN¥139,585.06	$42,450.45 ISK5,133,533	+117.9%
Taxi trip in downtown area (5 miles)	$4.31 CN¥30.91	$24.05 ISK2,908	+457.6%
Average			+221.8%

Wenzhou vs. Reykjavik - Cost of transportation

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pay 6.0 times more for housing

	Wenzhou	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$15.97 CN¥114.44	$69.87 ISK8,449	+337.4%
1-Bedroom apartment in downtown area	$243.51 CN¥1,744.81	$1,971.17 ISK238,374	+709.5%
1-Bedroom apartment outside city center	$180.89 CN¥1,296.15	$1,803.44 ISK218,090	+897.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$37.65 CN¥269.77	$53.95 ISK6,525	+43.3%
Average			+496.8%

Wenzhou vs. Reykjavik - Cost of housing

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pay 45.7% less for childcare

	Wenzhou	Reykjavik
Private preschool for 1 child, monthly	$439.71 CN¥3,150.63	$252.14 ISK30,491	-42.7%
Middle school for 1 child, two semesters	$11,688.42 CN¥83,751.04	$5,993.99 ISK724,854	-48.7%
Average			-45.7%

Wenzhou vs. Reykjavik - Cost of childcare

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pay 5.0 times more for entertainment and sports

	Wenzhou	Reykjavik
Domestic/local beer (1 pint)	$0.90 CN¥6.48	$10.81 ISK1,307	+1095.3%
Cappuccino in mid-range area	$3.44 CN¥24.65	$5.31 ISK642	+54.2%
Pack of cigarettes Marlboro or similar	$3.48 CN¥24.93	$12.25 ISK1,481	+252.0%
Monthly membership at local gym	$12.76 CN¥91.39	$69.95 ISK8,459	+448.4%
Movie ticket to theater/cinema	$6.47 CN¥46.36	$14.77 ISK1,787	+128.3%
Average			+395.6%

Wenzhou vs. Reykjavik - Cost of entertainment and sports

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pay 3.1 times more for clothing

	Wenzhou	Reykjavik
Regular jeans Levi's brand	$40.35 CN¥289.14	$108.97 ISK13,178	+170.0%
Regular dress from H&M or similar store	$17.63 CN¥126.29	$49.72 ISK6,013	+182.1%
Running shoes Nike or Adidas	$68.28 CN¥489.27	$151.85 ISK18,364	+122.4%
Men's business shoes (leather)	$41.74 CN¥299.11	$194.16 ISK23,480	+365.1%
Average			+209.9%

Wenzhou vs. Reykjavik - 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: July 2025

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