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$68.71
|
$21.59
ISK2,966
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$44.81
|
$17.27
ISK2,373
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.37
|
$2.90
ISK399
|
|
Bottle of water (11 fl. oz) |
$1.13
HK$8.74
|
$2.07
ISK285
|
|
pay 9.9% more for groceries
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.83
|
$3.68
ISK506
|
|
Local cheese (8 oz) |
$14.28
HK$110.93
|
$7.66
ISK1,052
|
|
Milk (1 gallon) |
$12.15
HK$94.38
|
$6.16
ISK847
|
|
Eggs
1 dozen
|
$4.01
HK$31.14
|
$5.91
ISK812
|
|
Boneless chicken breast (1 lb) |
$4.49
HK$34.87
|
$8.87
ISK1,219
|
|
Apples (1 lb) |
$1.68
HK$13.09
|
$1.53
ISK210
|
|
Bananas (1 lb) |
$1.16
HK$9.00
|
$0.97
ISK133
|
|
Oranges (1 lb) |
$1.75
HK$13.62
|
$1.26
ISK173
|
|
Tomatoes (1 lb) |
$1.47
HK$11.41
|
$2.23
ISK306
|
|
Potatoes (1 lb) |
$1.21
HK$9.42
|
$1.42
ISK194
|
|
Onions (1 lb) |
$1.20
HK$9.30
|
$1.01
ISK139
|
|
pay 18.2% more for transportation
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$11.66
HK$90.60
|
$8.57
ISK1,178
|
|
Monthly public transit pass |
$64.07
HK$497.90
|
$66.92
ISK9,194
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$258,709.71
|
$41,660.67
ISK5,723,760
|
|
Taxi trip in downtown area (5 miles) |
$13.71
HK$106.55
|
$23.30
ISK3,201
|
|
pay 31.7% more for housing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$171.23
|
$68.45
ISK9,404
|
|
1-Bedroom apartment in downtown area |
$2,324.35
HK$18,062.18
|
$1,864.13
ISK256,113
|
|
1-Bedroom apartment outside city center |
$1,616.39
HK$12,560.70
|
$1,666.20
ISK228,919
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,523.97
|
$64.43
ISK8,853
|
|
pay 73.2% less for childcare
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.71
HK$7,224.63
|
$240.37
ISK33,024
|
|
Middle school for 1 child, two semesters |
$21,637.45
HK$168,141.40
|
$5,984.07
ISK822,152
|
|
pay 3.4% more for entertainment and sports
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.69
HK$59.75
|
$10.79
ISK1,483
|
|
Cappuccino in mid-range area |
$5.31
HK$41.27
|
$5.09
ISK699
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$99.58
|
$11.87
ISK1,631
|
|
Monthly membership at local gym |
$86.33
HK$670.82
|
$65.50
ISK8,999
|
|
Movie ticket to theater/cinema |
$12.81
HK$99.58
|
$14.39
ISK1,977
|
|
pay 31.5% more for clothing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.24
HK$592.47
|
$103.94
ISK14,280
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$319.96
|
$43.50
ISK5,976
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$710.58
|
$141.47
ISK19,437
|
|
Men's business shoes (leather) |
$135.10
HK$1,049.88
|
$174.65
ISK23,995
|
|
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