Cost of living comparison
Reykjavik is 4.0 times more expensive than Hanoi.
If you lived in Reykjavik instead of Hanoi, you would:
pay 7.0 times more for restaurants
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$1.96
₫49,446
|
$21.59
ISK2,966
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.32
₫134,000
|
$17.27
ISK2,373
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.46
₫11,523
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$0.28
₫6,943
|
$2.07
ISK285
|
|
pay 2.7 times more for groceries
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.01
₫25,490
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$4.78
₫120,345
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$5.22
₫131,363
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$1.69
₫42,506
|
$5.91
ISK812
|
|
| Boneless chicken breast (1 lb) |
$1.68
₫42,240
|
$8.87
ISK1,219
|
|
| Apples (1 lb) |
$1.60
₫40,222
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.46
₫11,697
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.76
₫19,185
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$0.47
₫11,919
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.44
₫11,180
|
$1.42
ISK194
|
|
| Onions (1 lb) |
$0.58
₫14,579
|
$1.01
ISK139
|
|
pay 4.1 times more for transportation
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.48
₫87,483
|
$8.57
ISK1,178
|
|
| Monthly public transit pass |
$7.86
₫197,785
|
$66.92
ISK9,194
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,295.00
₫988,927,014
|
$41,660.67
ISK5,723,760
|
|
| Taxi trip in downtown area (5 miles) |
$5.34
₫134,494
|
$23.30
ISK3,201
|
|
pay 5.7 times more for housing
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$8.56
₫215,482
|
$68.45
ISK9,404
|
|
| 1-Bedroom apartment in downtown area |
$339.65
₫8,547,788
|
$1,864.13
ISK256,113
|
|
| 1-Bedroom apartment outside city center |
$203.41
₫5,119,152
|
$1,666.20
ISK228,919
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.58
₫1,574,843
|
$64.43
ISK8,853
|
|
pay 26.4% less for childcare
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.68
₫6,057,178
|
$240.37
ISK33,024
|
|
| Middle school for 1 child, two semesters |
$12,685.27
₫319,246,832
|
$5,984.07
ISK822,152
|
|
pay 5.6 times more for entertainment and sports
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.98
₫24,723
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$1.87
₫47,073
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.38
₫34,612
|
$11.87
ISK1,631
|
|
| Monthly membership at local gym |
$24.74
₫622,575
|
$65.50
ISK8,999
|
|
| Movie ticket to theater/cinema |
$4.72
₫118,671
|
$14.39
ISK1,977
|
|
pay 2.1 times more for clothing
|
Hanoi
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$31.89
₫802,476
|
$103.94
ISK14,280
|
|
|
Regular dress
from H&M or similar store
|
$26.96
₫678,409
|
$43.50
ISK5,976
|
|
|
Running shoes
Nike or Adidas
|
$83.38
₫2,098,497
|
$141.47
ISK19,437
|
|
| Men's business shoes (leather) |
$93.95
₫2,364,360
|
$174.65
ISK23,995
|
|
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