Cost of living comparison
Reykjavik is 22.5% more expensive than Hong Kong.
If you lived in Reykjavik instead of Hong Kong, you would:
pay 2.4 times more for restaurants
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.84
HK$68.99
|
$21.59
ISK2,985
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$44.99
|
$17.27
ISK2,388
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.41
|
$2.90
ISK401
|
|
Bottle of water (11 fl. oz) |
$1.13
HK$8.78
|
$2.07
ISK287
|
|
pay 9.9% more for groceries
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.90
|
$3.68
ISK510
|
|
Local cheese (8 oz) |
$14.28
HK$111.38
|
$7.66
ISK1,059
|
|
Milk (1 gallon) |
$12.15
HK$94.77
|
$6.16
ISK852
|
|
Eggs
1 dozen
|
$4.01
HK$31.27
|
$5.91
ISK818
|
|
Boneless chicken breast (1 lb) |
$4.49
HK$35.01
|
$8.87
ISK1,227
|
|
Apples (1 lb) |
$1.68
HK$13.15
|
$1.53
ISK211
|
|
Bananas (1 lb) |
$1.16
HK$9.04
|
$0.97
ISK134
|
|
Oranges (1 lb) |
$1.75
HK$13.68
|
$1.26
ISK174
|
|
Tomatoes (1 lb) |
$1.47
HK$11.46
|
$2.23
ISK308
|
|
Potatoes (1 lb) |
$1.21
HK$9.46
|
$1.42
ISK196
|
|
Onions (1 lb) |
$1.20
HK$9.34
|
$1.01
ISK140
|
|
pay 18.2% more for transportation
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$11.66
HK$90.97
|
$8.57
ISK1,186
|
|
Monthly public transit pass |
$64.07
HK$499.94
|
$66.92
ISK9,254
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$259,768.41
|
$41,660.67
ISK5,761,254
|
|
Taxi trip in downtown area (5 miles) |
$13.71
HK$106.99
|
$23.30
ISK3,222
|
|
pay 31.7% more for housing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$171.93
|
$68.45
ISK9,466
|
|
1-Bedroom apartment in downtown area |
$2,324.35
HK$18,136.09
|
$1,864.13
ISK257,791
|
|
1-Bedroom apartment outside city center |
$1,616.39
HK$12,612.10
|
$1,666.20
ISK230,418
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,530.21
|
$64.43
ISK8,911
|
|
pay 73.2% less for childcare
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.71
HK$7,254.19
|
$240.37
ISK33,240
|
|
Middle school for 1 child, two semesters |
$21,637.45
HK$168,829.47
|
$5,984.07
ISK827,538
|
|
pay 3.4% more for entertainment and sports
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.69
HK$59.99
|
$10.79
ISK1,493
|
|
Cappuccino in mid-range area |
$5.31
HK$41.44
|
$5.09
ISK704
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$99.99
|
$11.87
ISK1,642
|
|
Monthly membership at local gym |
$86.33
HK$673.57
|
$65.50
ISK9,058
|
|
Movie ticket to theater/cinema |
$12.81
HK$99.99
|
$14.39
ISK1,990
|
|
pay 31.5% more for clothing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.24
HK$594.89
|
$103.94
ISK14,374
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$321.27
|
$43.50
ISK6,015
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$713.49
|
$141.47
ISK19,564
|
|
Men's business shoes (leather) |
$135.10
HK$1,054.17
|
$174.65
ISK24,153
|
|
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