Cost of living comparison
Iceland is 18.3% more expensive than Hong Kong.
If you lived in Iceland instead of Hong Kong, you would:
pay 2.2 times more for restaurants
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.84
HK$68.67
|
$19.51
ISK2,647
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$44.79
|
$16.45
ISK2,231
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.36
|
$2.70
ISK367
|
|
| Bottle of water (11 fl. oz) |
$1.13
HK$8.74
|
$1.95
ISK265
|
|
pay 5.2% less for groceries
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.29
HK$17.82
|
$3.16
ISK428
|
|
| Local cheese (8 oz) |
$14.28
HK$110.87
|
$6.72
ISK911
|
|
| Milk (1 gallon) |
$12.15
HK$94.33
|
$6.27
ISK851
|
|
|
Eggs
1 dozen
|
$4.01
HK$31.12
|
$6.03
ISK818
|
|
| Boneless chicken breast (1 lb) |
$4.49
HK$34.85
|
$7.60
ISK1,031
|
|
| Apples (1 lb) |
$1.68
HK$13.09
|
$1.13
ISK153
|
|
| Bananas (1 lb) |
$1.16
HK$9.00
|
$1.01
ISK137
|
|
| Oranges (1 lb) |
$1.75
HK$13.61
|
$1.15
ISK157
|
|
| Tomatoes (1 lb) |
$1.47
HK$11.41
|
$1.71
ISK232
|
|
| Potatoes (1 lb) |
$1.21
HK$9.41
|
$1.13
ISK153
|
|
| Onions (1 lb) |
$1.20
HK$9.30
|
$0.68
ISK92
|
|
pay 16.9% more for transportation
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.66
HK$90.55
|
$8.42
ISK1,142
|
|
| Monthly public transit pass |
$64.07
HK$497.64
|
$68.29
ISK9,265
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$258,571.55
|
$39,714.69
ISK5,387,695
|
|
| Taxi trip in downtown area (5 miles) |
$13.71
HK$106.49
|
$23.23
ISK3,151
|
|
pay 29.9% more for housing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$171.14
|
$74.47
ISK10,103
|
|
| 1-Bedroom apartment in downtown area |
$2,324.35
HK$18,052.53
|
$1,518.94
ISK206,059
|
|
| 1-Bedroom apartment outside city center |
$1,616.39
HK$12,553.99
|
$1,325.48
ISK179,814
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,523.16
|
$66.99
ISK9,088
|
|
pay 72.4% less for childcare
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$929.71
HK$7,220.77
|
$254.97
ISK34,589
|
|
| Middle school for 1 child, two semesters |
$21,637.45
HK$168,051.60
|
$5,993.83
ISK813,122
|
|
pay 5.1% less for entertainment and sports
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.69
HK$59.72
|
$9.37
ISK1,272
|
|
| Cappuccino in mid-range area |
$5.31
HK$41.25
|
$4.61
ISK626
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$99.53
|
$11.22
ISK1,522
|
|
| Monthly membership at local gym |
$86.33
HK$670.46
|
$60.00
ISK8,140
|
|
| Movie ticket to theater/cinema |
$12.81
HK$99.53
|
$13.94
ISK1,891
|
|
pay 43.3% more for clothing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.24
HK$592.15
|
$108.23
ISK14,683
|
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$319.79
|
$59.73
ISK8,103
|
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$710.20
|
$146.94
ISK19,934
|
|
| Men's business shoes (leather) |
$135.10
HK$1,049.31
|
$169.24
ISK22,959
|
|
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