Cost of living comparison
Iceland is 3.8 times more expensive than Hanoi.
If you lived in Iceland instead of Hanoi, you would:
pay 6.5 times more for restaurants
Hanoi
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.96
₫50,019
|
$19.51
ISK2,723
|
|
Fast food combo meal
McDonalds, or similar
|
$5.32
₫135,552
|
$16.45
ISK2,295
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.46
₫11,657
|
$2.70
ISK377
|
|
Bottle of water (11 fl. oz) |
$0.28
₫7,024
|
$1.95
ISK273
|
|
pay 2.3 times more for groceries
Hanoi
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.01
₫25,785
|
$3.16
ISK440
|
|
Local cheese (8 oz) |
$4.78
₫121,739
|
$6.72
ISK937
|
|
Milk (1 gallon) |
$5.22
₫132,884
|
$6.27
ISK875
|
|
Eggs
1 dozen
|
$1.69
₫42,998
|
$6.03
ISK841
|
|
Boneless chicken breast (1 lb) |
$1.68
₫42,730
|
$7.60
ISK1,061
|
|
Apples (1 lb) |
$1.60
₫40,688
|
$1.13
ISK157
|
|
Bananas (1 lb) |
$0.46
₫11,833
|
$1.01
ISK141
|
|
Oranges (1 lb) |
$0.76
₫19,407
|
$1.15
ISK161
|
|
Tomatoes (1 lb) |
$0.47
₫12,057
|
$1.71
ISK239
|
|
Potatoes (1 lb) |
$0.44
₫11,309
|
$1.13
ISK158
|
|
Onions (1 lb) |
$0.58
₫14,747
|
$0.68
ISK95
|
|
pay 4.1 times more for transportation
Hanoi
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.48
₫88,496
|
$8.42
ISK1,175
|
|
Monthly public transit pass |
$7.86
₫200,076
|
$68.29
ISK9,530
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,295.00
₫1,000,381,922
|
$39,714.69
ISK5,541,788
|
|
Taxi trip in downtown area (5 miles) |
$5.34
₫136,052
|
$23.23
ISK3,241
|
|
pay 5.2 times more for housing
Hanoi
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$8.56
₫217,978
|
$74.47
ISK10,392
|
|
1-Bedroom apartment in downtown area |
$339.65
₫8,646,798
|
$1,518.94
ISK211,953
|
|
1-Bedroom apartment outside city center |
$203.41
₫5,178,448
|
$1,325.48
ISK184,957
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.58
₫1,593,085
|
$66.99
ISK9,348
|
|
pay 23.4% less for childcare
Hanoi
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.68
₫6,127,339
|
$254.97
ISK35,578
|
|
Middle school for 1 child, two semesters |
$12,685.27
₫322,944,721
|
$5,993.83
ISK836,378
|
|
pay 5.1 times more for entertainment and sports
Hanoi
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.98
₫25,010
|
$9.37
ISK1,308
|
|
Cappuccino in mid-range area |
$1.87
₫47,618
|
$4.61
ISK644
|
|
Pack of cigarettes
Marlboro or similar
|
$1.38
₫35,013
|
$11.22
ISK1,565
|
|
Monthly membership at local gym |
$24.74
₫629,786
|
$60.00
ISK8,373
|
|
Movie ticket to theater/cinema |
$4.72
₫120,046
|
$13.94
ISK1,945
|
|
pay 2.3 times more for clothing
Hanoi
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$31.89
₫811,771
|
$108.23
ISK15,103
|
|
Regular dress
from H&M or similar store
|
$26.96
₫686,267
|
$59.73
ISK8,335
|
|
Running shoes
Nike or Adidas
|
$83.38
₫2,122,805
|
$146.94
ISK20,504
|
|
Men's business shoes (leather) |
$93.95
₫2,391,746
|
$169.24
ISK23,616
|
|
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