The objective of this work is to provide image quality evaluation for intra-only H.264/AVC High Profile (HP) standard versus JPEG2000 standard. Here, we review the structure of the two standards and the coding algorithms in the context of subjective and objective assessments. Simulations were performed on a test set of monochrome and color image. As a result of simulations, we observed that the subjective and objective image quality of H.264/AVC is superior to JPEG2000, except the blocking artifact which is inherent, since it consists of block transform rather than whole image transform. Thus, we propose a unified measurement system to properly define image quality.