Cost of living comparison
Hong Kong is 54.6% more expensive than Iceland.
If you lived in Hong Kong instead of Iceland, you would:
pay 53.0% less for restaurants
Iceland
|
Hong Kong
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,506
|
$7.64
HK$59.91
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,005
|
$5.73
HK$44.93
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr326
|
$1.23
HK$9.63
|
|
Bottle of water (11 fl. oz) |
$2.12
kr298
|
$1.11
HK$8.67
|
|
pay 35.5% more for groceries
Iceland
|
Hong Kong
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr481
|
$2.29
HK$17.92
|
|
Local cheese (8 oz) |
$5.98
kr841
|
$12.63
HK$98.98
|
|
Milk (1 gallon) |
$5.33
kr748
|
$11.66
HK$91.37
|
|
Eggs
1 dozen
|
$5.66
kr795
|
$3.47
HK$27.17
|
|
Boneless chicken breast (1 lb) |
$7.09
kr997
|
$4.48
HK$35.11
|
|
Apples (1 lb) |
$1.16
kr163
|
$2.03
HK$15.92
|
|
Bananas (1 lb) |
$0.98
kr138
|
$1.13
HK$8.87
|
|
Oranges (1 lb) |
$1.17
kr165
|
$1.75
HK$13.74
|
|
Tomatoes (1 lb) |
$1.84
kr258
|
$1.35
HK$10.56
|
|
Potatoes (1 lb) |
$0.96
kr134
|
$1.21
HK$9.47
|
|
Onions (1 lb) |
$0.51
kr72
|
$1.18
HK$9.22
|
|
pay 4.9% less for transportation
Iceland
|
Hong Kong
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,129
|
$10.64
HK$83.42
|
|
Monthly public transit pass |
$77.40
kr10,876
|
$63.70
HK$499.21
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,192,672
|
$33,122.07
HK$259,589.29
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,368
|
$13.12
HK$102.84
|
|
pay 39.9% more for housing
Iceland
|
Hong Kong
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,769
|
$23.34
HK$182.91
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr201,947
|
$2,288.41
HK$17,935.04
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr170,820
|
$1,628.63
HK$12,764.12
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,644
|
$157.03
HK$1,230.74
|
|
pay 4.9 times more for childcare
Iceland
|
Hong Kong
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,443
|
$771.50
HK$6,046.53
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr386,444
|
$18,861.18
HK$147,821.68
|
|
pay 3.4% more for entertainment and sports
Iceland
|
Hong Kong
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,198
|
$6.37
HK$49.92
|
|
Cappuccino in mid-range area |
$4.15
kr584
|
$5.02
HK$39.35
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,494
|
$8.28
HK$64.90
|
|
Monthly membership at local gym |
$56.90
kr7,996
|
$79.37
HK$622.02
|
|
Movie ticket to theater/cinema |
$12.27
kr1,725
|
$12.74
HK$99.84
|
|
pay 30.0% less for clothing
Iceland
|
Hong Kong
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,592
|
$80.90
HK$634.05
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,081
|
$39.86
HK$312.43
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,235
|
$88.35
HK$692.42
|
|
Men's business shoes (leather) |
$175.20
kr24,619
|
$129.40
HK$1,014.16
|
|
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