Cost of Living Comparison

  1. Cost of Living
  2. Hong Kong
  3. Iceland
  4. Comparison
HKD
COMPARED TO
ISK

Iceland is 30.3% more expensive than Hong Kong.

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

pay 2.3 times more for restaurants

  Hong Kong help_outline Iceland help_outline  
Basic meal with drink at inexpensive restaurant $7.73
HK$60.38
$16.49
kr1,731
+113.2%
Fast food combo meal
McDonalds, or similar
 $5.16
HK$40.26
$14.47
kr1,519
+180.7%
Bottle of Coca-Cola (11 fl. oz) $1.16
HK$9.04
$2.69
kr282
+132.1%
Bottle of water (11 fl. oz) $0.96
HK$7.49
$1.95
kr205
+103.5%
Average +132.4%
Hong Kong vs. Iceland - Cost of restaurants
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local_grocery_store

pay 1.3% more for groceries

  Hong Kong help_outline Iceland help_outline  
Bread
1 loaf
 $1.97
HK$15.42
$3.22
kr338
+63.2%
Local cheese (8 oz) $9.64
HK$75.24
$6.33
kr664
-34.3%
Milk (1 gallon) $11.66
HK$91.05
$5.38
kr565
-53.8%
Eggs
1 dozen
 $3.72
HK$29.02
$5.97
kr626
+60.6%
Boneless chicken breast (1 lb) $4.67
HK$36.48
$7.48
kr785
+60.0%
Apples (1 lb) $1.85
HK$14.48
$1.06
kr111
-42.8%
Bananas (1 lb) $1.09
HK$8.52
$1.04
kr109
-4.6%
Oranges (1 lb) $1.71
HK$13.38
$1.10
kr116
-35.8%
Tomatoes (1 lb) $1.21
HK$9.42
$1.96
kr206
+62.6%
Potatoes (1 lb) $1.15
HK$8.96
$1.03
kr108
-10.5%
Onions (1 lb) $1.21
HK$9.42
$0.60
kr63
-50.5%
Average +1.3%
Hong Kong vs. Iceland - Cost of groceries
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drive_eta

pay 37.1% more for transportation

  Hong Kong help_outline Iceland help_outline  
Gasoline (1 gallon) $8.74
HK$68.23
$6.83
kr717
-21.9%
Monthly public transit pass $63.48
HK$495.64
$104.10
kr10,925
+64.0%
New Volkswagen Golf 1.4 (standard edition) $32,224.26
HK$251,596.07
$29,559.70
kr3,102,290
-8.3%
Taxi trip in downtown area (5 miles) $11.86
HK$92.59
$25.44
kr2,670
+114.5%
Average +37.1%
Hong Kong vs. Iceland - Cost of transportation
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home

pay 23.2% more for housing

  Hong Kong help_outline Iceland help_outline  
Internet connection
50 mbps or faster, cable/dsl
 $23.60
HK$184.29
$72.22
kr7,579
+206.0%
1-Bedroom apartment in downtown area $2,220.08
HK$17,333.64
$1,433.87
kr150,485
-35.4%
1-Bedroom apartment outside city center $1,577.55
HK$12,316.94
$1,196.44
kr125,566
-24.2%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $181.94
HK$1,420.49
$84.13
kr8,829
-53.8%
Average +23.2%
Hong Kong vs. Iceland - Cost of housing
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child_care

pay 70.8% less for childcare

  Hong Kong help_outline Iceland help_outline  
Private preschool for 1 child, monthly $779.43
HK$6,085.54
$308.46
kr32,373
-60.4%
Middle school for 1 child, two semesters $18,123.55
HK$141,502.54
$3,430.08
kr359,987
-81.1%
Average -70.8%
Hong Kong vs. Iceland - Cost of childcare
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gamepad

pay 10.9% more for entertainment and sports

  Hong Kong help_outline Iceland help_outline  
Domestic/local beer (1 pint) $7.73
HK$60.38
$9.07
kr952
+17.3%
Cappuccino in mid-range area $4.81
HK$37.57
$4.60
kr483
-4.4%
Pack of cigarettes
Marlboro or similar
 $7.73
HK$60.38
$12.21
kr1,282
+57.9%
Monthly membership at local gym $72.89
HK$569.13
$60.00
kr6,297
-17.7%
Movie ticket to theater/cinema $12.89
HK$100.64
$13.09
kr1,374
+1.6%
Average +10.9%
Hong Kong vs. Iceland - Cost of entertainment and sports
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store

pay 77.7% more for clothing

  Hong Kong help_outline Iceland help_outline  
Regular jeans
Levi's brand
 $76.60
HK$598.04
$126.70
kr13,297
+65.4%
Regular dress
from H&M or similar store
 $35.94
HK$280.58
$69.47
kr7,291
+93.3%
Running shoes
Nike or Adidas
 $90.92
HK$709.89
$175.47
kr18,416
+93.0%
Men's business shoes (leather) $118.82
HK$927.72
$188.88
kr19,823
+59.0%
Average +77.7%
Hong Kong vs. Iceland - Cost of clothing
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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: October 2021
More cost of living comparisons
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Hong Kong vs. United States
Iceland vs. Italy
Iceland vs. France
Iceland vs. Egypt
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