IcelandIceland

Taiwan

Compared with Iceland, using real observed prices.

Baseline: IcelandIceland = 1×

TaiwanTaiwan vs IcelandIceland
Overall verdict

TaiwanTaiwan is about 0.53× IcelandIceland.

Average across 2 categories, 7 items with data

The shape of prices (vs IcelandIceland = 1×)

How to read this

The centre line is Iceland. A bar running right means Taiwan is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than IcelandIceland Iceland = 1× TaiwanTaiwan is pricier →
  • ⚡ Utilities 1 item
    ×0.55
  • ⛽ Transport 2 items
    ×0.52

Thin bar shows the range (cheapest to priciest item in the category)

Real prices. Real sources. Real dates.

  • Gasoline 1L 1 L ×0.56
    TaiwanTaiwan ISK 122 USD 0.968
    IcelandIceland ISK 218 USD 1.727
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Electricity 1kWh (household) 1 kWh ×0.55
    TaiwanTaiwan ISK 12 USD 0.098
    IcelandIceland ISK 22 USD 0.179
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.47
    TaiwanTaiwan ISK 112 USD 0.89
    IcelandIceland ISK 237 USD 1.878
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Taiwan

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+8%
in TWD
72 → 78
vs
At today's rateUsing today's exchange rate
-1%
in ISK

It rose 8% in local currency, but -1% in yours. Most of what you feel is the exchange rate, not Taiwan's inflation.

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