Cost of living comparison
Reykjavik is 23.3% more expensive than Hong Kong.
If you lived in Reykjavik instead of Hong Kong, you would:
pay 2.3 times more for restaurants
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.64
HK$59.81
|
$18.40
kr2,516
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
HK$44.86
|
$15.62
kr2,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.23
HK$9.61
|
$2.53
kr347
|
|
Bottle of water (11 fl. oz) |
$1.11
HK$8.65
|
$2.03
kr277
|
|
pay 5.0% more for groceries
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.89
|
$3.40
kr466
|
|
Local cheese (8 oz) |
$12.63
HK$98.82
|
$7.20
kr984
|
|
Milk (1 gallon) |
$11.66
HK$91.22
|
$5.90
kr806
|
|
Eggs
1 dozen
|
$3.47
HK$27.12
|
$5.64
kr771
|
|
Boneless chicken breast (1 lb) |
$4.48
HK$35.05
|
$8.08
kr1,105
|
|
Apples (1 lb) |
$2.03
HK$15.89
|
$1.57
kr214
|
|
Bananas (1 lb) |
$1.13
HK$8.86
|
$0.93
kr127
|
|
Oranges (1 lb) |
$1.75
HK$13.72
|
$1.23
kr168
|
|
Tomatoes (1 lb) |
$1.35
HK$10.55
|
$2.22
kr303
|
|
Potatoes (1 lb) |
$1.21
HK$9.45
|
$1.24
kr170
|
|
Onions (1 lb) |
$1.18
HK$9.21
|
$0.69
kr94
|
|
pay 30.8% more for transportation
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$10.64
HK$83.28
|
$8.90
kr1,217
|
|
Monthly public transit pass |
$63.70
HK$498.39
|
$65.56
kr8,965
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,122.07
HK$259,165.32
|
$37,150.35
kr5,080,241
|
|
Taxi trip in downtown area (5 miles) |
$13.12
HK$102.67
|
$29.44
kr4,026
|
|
pay 18.4% more for housing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$23.34
HK$182.62
|
$64.04
kr8,757
|
|
1-Bedroom apartment in downtown area |
$2,288.41
HK$17,905.75
|
$1,613.16
kr220,597
|
|
1-Bedroom apartment outside city center |
$1,628.63
HK$12,743.27
|
$1,379.70
kr188,671
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.03
HK$1,228.73
|
$69.31
kr9,479
|
|
pay 65.7% less for childcare
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$771.50
HK$6,036.65
|
$282.44
kr38,623
|
|
Middle school for 1 child, two semesters |
$18,861.18
HK$147,580.25
|
$6,058.18
kr828,444
|
|
pay 14.3% more for entertainment and sports
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.37
HK$49.84
|
$9.47
kr1,295
|
|
Cappuccino in mid-range area |
$5.02
HK$39.29
|
$4.53
kr619
|
|
Pack of cigarettes
Marlboro or similar
|
$8.28
HK$64.79
|
$11.66
kr1,594
|
|
Monthly membership at local gym |
$79.37
HK$621.00
|
$67.30
kr9,204
|
|
Movie ticket to theater/cinema |
$12.74
HK$99.68
|
$13.66
kr1,868
|
|
pay 34.9% more for clothing
Hong Kong
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.90
HK$633.02
|
$108.17
kr14,791
|
|
Regular dress
from H&M or similar store
|
$39.86
HK$311.92
|
$43.41
kr5,937
|
|
Running shoes
Nike or Adidas
|
$88.35
HK$691.29
|
$137.74
kr18,836
|
|
Men's business shoes (leather) |
$129.40
HK$1,012.50
|
$182.49
kr24,956
|
|
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