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Insurer of the
Year 2017-21

prices shown in
Reykjavik vs Shanghai
Rkv vs Sha

Average net salary (After tax)

Shanghai
Reykjavik

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sha
Rkv
Outside city centre
Sha
Rkv

Rent 3 bedroom apartment

Cost per month

In city centre
Sha
Rkv
Outside city centre
Sha
Rkv

Buy apartment

Price per m2

In city centre
Sha
Rkv
Outside city centre
Sha
Rkv

Mortgage rates

Shanghai
4.5%
Reykjavik
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Shanghai
Reykjavik

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sha
Rkv

Mobile phone data

One-minute local prepaid call (no plan or discount)

Sha
Rkv

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sha
Rkv

Monthly pass

Regular price

Sha
Rkv

Fuel prices

Per Litre

Shanghai
Reykjavik

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sha
Rkv
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Sha
Rkv
White bread 500g
Sha
Rkv
Eggs 12
Sha
Rkv
White rice 1kg
Sha
Rkv

Pack of cigarettes

(Marlboro)

Shanghai
Reykjavik

Meat & cheese

Chicken breasts 1kg
Sha
Rkv
Beef round 1kg
Sha
Rkv
Local cheese 1kg
Sha
Rkv

Vegetables

Potatoes 1kg
Sha
Rkv
Lettuce 1 head
Sha
Rkv
Tomatoes 1kg
Sha
Rkv

Fruit

Apples 1kg
Sha
Rkv
Oranges 1 head
Sha
Rkv
Bananas 1kg
Sha
Rkv

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Sha $4,070.74/mth
Rkv $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Sha $4,070.74/mth
Rkv $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Shanghai
4.5%
Reykjavik
5.5%

Restaurant Prices in Shanghai are 17.14% higher than in Reykjavik

Drinks

Coke/Pepsi 0.33L
bottle
Sha $4,070.74/mth
Rkv $4,070.74/mth
Water 0.33L
bottle
Sha $4,070.74/mth
Rkv $4,070.74/mth
Cappuccino regular
Sha $4,070.74/mth
Rkv $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sha
Rkv
Market 0.5L bottle
Sha
Rkv

Imported beer

Restaurant 0.33L bottle
Sha
Rkv
Market 0.33L bottle
Sha
Rkv

Bottle of wine

Mid-range, from supermarket

Shanghai
5
Reykjavik

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sha
Rkv

Summer dress

From a chain store (e.g. Zara, H&M)

Sha
Rkv

Shoes

1 pair Nike shoes
Sha
Rkv
1 pair men's leather shoes
Sha
Rkv

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Shanghai
$15.33
Reykjavik
$11.43

Tennis court rental

One hour on weekend

Sha $4,070.74/mth
Rkv $4,070.74/mth

Fitness club

Monthly fee for one adult

Sha $4,070.74/mth
Rkv $4,070.74/mth