Cost of living comparison

Hawaii, USA

compared to

Iceland

Iceland vs. Hawaii Cost of Living Summary

Iceland is 6.9% cheaper than Hawaii.

Restaurants: pay 15.5% more in Iceland
Groceries: pay 37.2% less in Iceland
Transportation: pay 34.7% more in Iceland
Housing: pay 19.6% less in Iceland
Childcare: pay 22.7% less in Iceland
Entertainment and Sports: pay 18.8% more in Iceland
Clothing: pay 73.2% more in Iceland

The cost of clothing, transportation, entertainment and sports, and restaurants in Iceland are more expensive than in Hawaii. Expenses including groceries, childcare, and housing are lower in Iceland.

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Iceland vs. Hawaii Cost Breakdown

If you lived in Iceland instead of Hawaii, you would:

Display currency: USD

pay 15.5% more for restaurants

	Hawaii	Iceland
Basic meal with drink at inexpensive restaurant	$30.50	$28.88 ISK3,499	-5.3%
Fast food combo meal McDonalds, or similar	$14.21	$22.83 ISK2,767	+60.7%
Bottle of Coca-Cola (11 fl. oz)	$3.38	$3.25 ISK393	-4.0%
Bottle of water (11 fl. oz)	$2.82	$3.01 ISK365	+6.9%
Average			+15.5%

Hawaii vs. Iceland - Cost of restaurants

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pay 37.2% less for groceries

	Hawaii	Iceland
Bread 1 loaf	$7.91	$3.55 ISK431	-55.1%
Local cheese (8 oz)	$9.88	$10.11 ISK1,226	+2.3%
Milk (1 gallon)	$7.39	$7.79 ISK944	+5.5%
Eggs 1 dozen	$8.21	$6.92 ISK839	-15.6%
Boneless chicken breast (1 lb)	$7.56	$11.01 ISK1,334	+45.6%
Apples (1 lb)	$3.94	$1.43 ISK173	-63.8%
Bananas (1 lb)	$1.54	$1.23 ISK148	-20.3%
Oranges (1 lb)	$3.89	$1.42 ISK172	-63.6%
Tomatoes (1 lb)	$4.77	$2.60 ISK315	-45.4%
Potatoes (1 lb)	$2.62	$1.71 ISK207	-34.8%
Onions (1 lb)	$2.82	$0.76 ISK92	-73.2%
Average			-37.2%

Hawaii vs. Iceland - Cost of groceries

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pay 34.7% more for transportation

	Hawaii	Iceland
Gasoline (1 gallon)	$5.07	$8.09 ISK980	+59.5%
Monthly public transit pass	$75.40	$80.58 ISK9,765	+6.9%
New Volkswagen Golf 1.4 (standard edition)	$35,814.00	$48,967.53 ISK6M	+36.7%
Taxi trip in downtown area (5 miles)	$20.59	$26.24 ISK3,179	+27.4%
Average			+34.7%

Hawaii vs. Iceland - Cost of transportation

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pay 19.6% less for housing

	Hawaii	Iceland
Internet connection 50 mbps or faster, cable/dsl	$73.95	$98.24 ISK11,905	+32.8%
1-Bedroom apartment in downtown area	$2,389.72	$2,335.24 ISK283K	-2.3%
1-Bedroom apartment outside city center	$2,073.89	$1,824.40 ISK221K	-12.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$227.50	$72.34 ISK8,766	-68.2%
Average			-19.6%

Hawaii vs. Iceland - Cost of housing

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pay 22.7% less for childcare

	Hawaii	Iceland
Private preschool for 1 child, monthly	$1,779.83	$833.66 ISK101K	-53.2%
Middle school for 1 child, two semesters	$21,749.17	$27,752.37 ISK3M	+27.6%
Average			-22.7%

Hawaii vs. Iceland - Cost of childcare

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pay 18.8% more for entertainment and sports

	Hawaii	Iceland
Domestic/local beer (1 pint)	$7.67	$11.37 ISK1,378	+48.4%
Cappuccino in mid-range area	$7.08	$5.90 ISK715	-16.7%
Pack of cigarettes Marlboro or similar	$13.25	$13.85 ISK1,679	+4.6%
Monthly membership at local gym	$60.03	$83.64 ISK10,136	+39.3%
Movie ticket to theater/cinema	$15.09	$17.92 ISK2,171	+18.7%
Average			+18.8%

Hawaii vs. Iceland - Cost of entertainment and sports

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pay 73.2% more for clothing

	Hawaii	Iceland
Regular jeans Levi's brand	$61.60	$134.47 ISK16,295	+118.3%
Regular dress from H&M or similar store	$43.66	$63.25 ISK7,664	+44.9%
Running shoes Nike or Adidas	$98.78	$159.03 ISK19,271	+61.0%
Men's business shoes (leather)	$134.12	$237.19 ISK28,742	+76.8%
Average			+73.2%

Hawaii vs. Iceland - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Hawaii vs. Iceland

Salary Calculator · Free tool

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Quality of Life Comparison · 3 statistics

Be 64.5% more likely to be unemployed in Iceland

Size Comparison · See true size

Hawaii is about 6 times smaller than Iceland.

Moving from Hawaii to Iceland · Cost, visas & climate

Compare cost of living, salary and climate.

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