Iceland is 30.3% more expensive than Hong Kong.

If you lived in Iceland instead of Hong Kong, you would:

pay 2.3 times more for restaurants

 
Hong Kong
Iceland
Basic meal with drink at inexpensive restaurant $7.73
HK$60.38
$16.49
kr1,731
Fast food combo meal
McDonalds, or similar
$5.16
HK$40.26
$14.47
kr1,519
Bottle of Coca-Cola (11 fl. oz) $1.16
HK$9.04
$2.69
kr282

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pay 1.3% more for groceries

 
Hong Kong
Iceland
Bread
1 loaf
$1.97
HK$15.42
$3.22
kr338
Local cheese (8 oz) $9.64
HK$75.24
$6.33
kr664
Milk (1 gallon) $11.66
HK$91.05
$5.38
kr565

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pay 37.1% more for transportation

 
Hong Kong
Iceland
Gasoline (1 gallon) $8.74
HK$68.23
$6.83
kr717
Monthly public transit pass $63.48
HK$495.64
$104.10
kr10,925
New Volkswagen Golf 1.4 (standard edition) $32,224.26
HK$251,596.07
$29,559.70
kr3,102,290

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pay 23.2% more for housing

 
Hong Kong
Iceland
Internet connection
50 mbps or faster, cable/dsl
$23.60
HK$184.29
$72.22
kr7,579
1-Bedroom apartment in downtown area $2,220.08
HK$17,333.64
$1,433.87
kr150,485
1-Bedroom apartment outside city center $1,577.55
HK$12,316.94
$1,196.44
kr125,566

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pay 70.8% less for childcare

 
Hong Kong
Iceland
Private preschool for 1 child, monthly $779.43
HK$6,085.54
$308.46
kr32,373
Middle school for 1 child, two semesters $18,123.55
HK$141,502.54
$3,430.08
kr359,987

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pay 10.9% more for entertainment and sports

 
Hong Kong
Iceland
Domestic/local beer (1 pint) $7.73
HK$60.38
$9.07
kr952
Cappuccino in mid-range area $4.81
HK$37.57
$4.60
kr483
Pack of cigarettes
Marlboro or similar
$7.73
HK$60.38
$12.21
kr1,282

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pay 77.7% more for clothing

 
Hong Kong
Iceland
Regular jeans
Levi's brand
$76.60
HK$598.04
$126.70
kr13,297
Regular dress
from H&M or similar store
$35.94
HK$280.58
$69.47
kr7,291
Running shoes
Nike or Adidas
$90.92
HK$709.89
$175.47
kr18,416

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: May 2022
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