Cost of living comparison
Iceland is 13.9% more expensive than Hong Kong.
If you lived in Iceland instead of Hong Kong, you would:
pay 96.2% more for restaurants
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.64
HK$59.99
|
$15.00
kr2,051
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.61
HK$43.99
|
$12.33
kr1,686
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.24
HK$9.77
|
$2.20
kr301
|
|
| Bottle of water (11 fl. oz) |
$1.04
HK$8.19
|
$2.00
kr274
|
|
pay 3.7% less for groceries
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.24
HK$17.58
|
$3.14
kr430
|
|
| Local cheese (8 oz) |
$12.87
HK$101.04
|
$5.86
kr801
|
|
| Milk (1 gallon) |
$11.49
HK$90.17
|
$5.16
kr706
|
|
|
Eggs
1 dozen
|
$3.57
HK$28.03
|
$5.51
kr754
|
|
| Boneless chicken breast (1 lb) |
$4.34
HK$34.05
|
$7.10
kr971
|
|
| Apples (1 lb) |
$1.98
HK$15.51
|
$1.19
kr163
|
|
| Bananas (1 lb) |
$1.00
HK$7.83
|
$1.08
kr148
|
|
| Oranges (1 lb) |
$1.62
HK$12.74
|
$1.13
kr155
|
|
| Tomatoes (1 lb) |
$1.34
HK$10.54
|
$1.70
kr233
|
|
| Potatoes (1 lb) |
$1.14
HK$8.97
|
$1.01
kr139
|
|
| Onions (1 lb) |
$1.17
HK$9.22
|
$0.66
kr91
|
|
pay 18.0% more for transportation
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$10.02
HK$78.60
|
$7.21
kr986
|
|
| Monthly public transit pass |
$63.70
HK$499.90
|
$85.09
kr11,636
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,122.28
HK$259,948.83
|
$27,857.83
kr3,809,558
|
|
| Taxi trip in downtown area (5 miles) |
$11.72
HK$91.98
|
$21.37
kr2,922
|
|
pay 7.7% more for housing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$26.46
HK$207.66
|
$66.89
kr9,148
|
|
| 1-Bedroom apartment in downtown area |
$2,231.74
HK$17,515.07
|
$1,349.42
kr184,533
|
|
| 1-Bedroom apartment outside city center |
$1,557.03
HK$12,219.82
|
$1,143.63
kr156,391
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$161.14
HK$1,264.63
|
$70.86
kr9,690
|
|
pay 73.7% less for childcare
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$750.39
HK$5,889.20
|
$277.52
kr37,951
|
|
| Middle school for 1 child, two semesters |
$18,032.76
HK$141,523.86
|
$2,822.44
kr385,968
|
|
pay 1.6% more for entertainment and sports
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.01
HK$54.99
|
$7.85
kr1,074
|
|
| Cappuccino in mid-range area |
$4.81
HK$37.78
|
$4.10
kr561
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.90
HK$61.99
|
$11.37
kr1,555
|
|
| Monthly membership at local gym |
$84.48
HK$662.99
|
$63.31
kr8,658
|
|
| Movie ticket to theater/cinema |
$12.74
HK$99.98
|
$11.69
kr1,599
|
|
pay 51.3% more for clothing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$79.83
HK$626.55
|
$117.41
kr16,056
|
|
|
Regular dress
from H&M or similar store
|
$39.78
HK$312.20
|
$55.13
kr7,539
|
|
|
Running shoes
Nike or Adidas
|
$89.16
HK$699.76
|
$156.49
kr21,401
|
|
| Men's business shoes (leather) |
$133.04
HK$1,044.08
|
$191.54
kr26,193
|
|
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