Cost of living comparison

compared to

Hai Phong vs. Reykjavik Cost of Living Summary

Hai Phong is 72.9% cheaper than Reykjavik.

Restaurants: pay 88.2% less in Hai Phong
Groceries: pay 60.7% less in Hai Phong
Transportation: pay 66.6% less in Hai Phong
Housing: pay 78.0% less in Hai Phong
Childcare: pay 69.5% less in Hai Phong
Entertainment and Sports: pay 81.8% less in Hai Phong
Clothing: pay 65.5% less in Hai Phong

Expenses including restaurants, entertainment and sports, housing, childcare, transportation, and clothing are lower in Hai Phong.

Hai Phong vs. Reykjavik Cost Breakdown

If you lived in Hai Phong instead of Reykjavik, you would:

Display currency: USD

pay 88.2% less for restaurants

	Reykjavik	Hai Phong
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,338	$1.52 ₫39,463	-94.5%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,765	$4.17 ₫109K	-81.7%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK405	$0.47 ₫12,332	-85.8%
Bottle of water (11 fl. oz)	$2.70 ISK328	$0.25 ₫6,405	-90.9%
Average			-88.2%

Reykjavik vs. Hai Phong - Cost of restaurants

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pay 60.7% less for groceries

	Reykjavik	Hai Phong
Bread 1 loaf	$4.63 ISK563	$0.55 ₫14,305	-88.1%
Local cheese (8 oz)	$9.44 ISK1,146	$4.95 ₫129K	-47.5%
Milk (1 gallon)	$7.63 ISK927	$5.27 ₫137K	-30.9%
Eggs 1 dozen	$6.50 ISK790	$1.51 ₫39,258	-76.8%
Boneless chicken breast (1 lb)	$11.29 ISK1,372	$1.59 ₫41,377	-85.9%
Apples (1 lb)	$1.59 ISK193	$1.44 ₫37,381	-9.8%
Bananas (1 lb)	$1.17 ISK142	$0.47 ₫12,245	-59.8%
Oranges (1 lb)	$1.49 ISK181	$0.66 ₫17,212	-55.6%
Tomatoes (1 lb)	$2.54 ISK308	$0.50 ₫13,018	-80.3%
Potatoes (1 lb)	$1.70 ISK206	$0.44 ₫11,507	-74.0%
Onions (1 lb)	$1.13 ISK137	$0.46 ₫12,008	-59.2%
Average			-60.7%

Reykjavik vs. Hai Phong - Cost of groceries

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pay 66.6% less for transportation

	Reykjavik	Hai Phong
Gasoline (1 gallon)	$9.66 ISK1,173	$3.15 ₫82,084	-67.4%
Monthly public transit pass	$88.58 ISK10,760	$5.68 ₫148K	-93.6%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6M	$37,880.00 ₫987M	-25.4%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,409	$5.61 ₫146K	-80.0%
Average			-66.6%

Reykjavik vs. Hai Phong - Cost of transportation

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pay 78.0% less for housing

	Reykjavik	Hai Phong
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK9,957	$8.67 ₫226K	-89.4%
1-Bedroom apartment in downtown area	$2,259.48 ISK274K	$227.28 ₫6M	-89.9%
1-Bedroom apartment outside city center	$2,034.90 ISK247K	$239.91 ₫6M	-88.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,394	$33.79 ₫880K	-44.5%
Average			-78.0%

Reykjavik vs. Hai Phong - Cost of housing

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pay 69.5% less for childcare

	Reykjavik	Hai Phong
Private preschool for 1 child, monthly	$327.78 ISK39,815	$151.52 ₫4M	-53.8%
Middle school for 1 child, two semesters	$30,711.08 ISK4M	$4,545.60 ₫118M	-85.2%
Average			-69.5%

Reykjavik vs. Hai Phong - Cost of childcare

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pay 81.8% less for entertainment and sports

	Reykjavik	Hai Phong
Domestic/local beer (1 pint)	$13.12 ISK1,594	$0.76 ₫19,732	-94.2%
Cappuccino in mid-range area	$6.17 ISK750	$1.79 ₫46,678	-71.0%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,693	$1.17 ₫30,584	-91.6%
Monthly membership at local gym	$87.35 ISK10,611	$22.73 ₫592K	-74.0%
Movie ticket to theater/cinema	$17.18 ISK2,087	$3.79 ₫98,658	-78.0%
Average			-81.8%

Reykjavik vs. Hai Phong - Cost of entertainment and sports

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pay 65.5% less for clothing

	Reykjavik	Hai Phong
Regular jeans Levi's brand	$145.10 ISK17,625	$41.82 ₫1M	-71.2%
Regular dress from H&M or similar store	$63.97 ISK7,770	$22.73 ₫592K	-64.5%
Running shoes Nike or Adidas	$193.43 ISK23,496	$86.52 ₫2M	-55.3%
Men's business shoes (leather)	$248.79 ISK30,221	$72.39 ₫2M	-70.9%
Average			-65.5%

Reykjavik vs. Hai Phong - 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: March 2026

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