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Insurer of the
Year 2017-21

prices shown in
Shanghai vs Reykjavik
Sha vs Rkv

Average net salary (After tax)

Reykjavik
Shanghai

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Rkv
Sha
Outside city centre
Rkv
Sha

Rent 3 bedroom apartment

Cost per month

In city centre
Rkv
Sha
Outside city centre
Rkv
Sha

Buy apartment

Price per m2

In city centre
Rkv
Sha
Outside city centre
Rkv
Sha

Mortgage rates

Reykjavik
4.5%
Shanghai
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Reykjavik
Shanghai

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Rkv
Sha

Mobile phone data

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

Rkv
Sha

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Rkv
Sha

Monthly pass

Regular price

Rkv
Sha

Fuel prices

Per Litre

Reykjavik
Shanghai

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Rkv
Sha
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Reykjavik
Shanghai

Meat & cheese

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

Vegetables

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

Fruit

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

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Reykjavik
4.5%
Shanghai
5.5%

Restaurant Prices in Reykjavik are 17.14% higher than in Shanghai

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

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

Imported beer

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

Bottle of wine

Mid-range, from supermarket

Reykjavik
5
Shanghai

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Rkv
Sha

Summer dress

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

Rkv
Sha

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Reykjavik
$15.33
Shanghai
$11.43

Tennis court rental

One hour on weekend

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

Fitness club

Monthly fee for one adult

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