Cost of living comparison

compared to

Hanoi is 47.3% cheaper than Reykjavik.

If you lived in Hanoi instead of Reykjavik, you would:

Display currency: USD

pay 84.5% less for restaurants

 
Reykjavik
Hanoi
Basic meal with drink at inexpensive restaurant $20.00
ISK2,758
$1.98
₫50,209
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,484
$4.75
₫120,503
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK435
$0.44
₫11,247

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pay 48.9% less for groceries

 
Reykjavik
Hanoi
Bread
1 loaf
$3.61
ISK498
$1.03
₫26,102
Local cheese (8 oz) $7.76
ISK1,070
$5.00
₫126,991
Milk (1 gallon) $6.40
ISK883
$5.30
₫134,538

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pay 58.2% less for transportation

 
Reykjavik
Hanoi
Gasoline (1 gallon) $8.50
ISK1,172
$3.47
₫88,035
Monthly public transit pass $74.95
ISK10,335
$7.91
₫200,838
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,853,068
$39,554.95
₫1,004,187,840

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pay 62.1% less for housing

 
Reykjavik
Hanoi
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,633
$9.00
₫228,585
1-Bedroom apartment in downtown area $1,971.17
ISK271,785
$338.66
₫8,597,674
1-Bedroom apartment outside city center $1,803.44
ISK248,658
$239.31
₫6,075,336

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pay 50.6% more for childcare

 
Reykjavik
Hanoi
Private preschool for 1 child, monthly $252.14
ISK34,765
$243.92
₫6,192,492
Middle school for 1 child, two semesters $5,993.99
ISK826,452
$12,260.72
₫311,264,757

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pay 75.9% less for entertainment and sports

 
Reykjavik
Hanoi
Domestic/local beer (1 pint) $10.81
ISK1,491
$0.99
₫25,105
Cappuccino in mid-range area $5.31
ISK731
$1.83
₫46,540
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,688
$1.38
₫35,147

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pay 51.9% less for clothing

 
Reykjavik
Hanoi
Regular jeans
Levi's brand
$108.97
ISK15,025
$36.72
₫932,249
Regular dress
from H&M or similar store
$49.72
ISK6,855
$26.37
₫669,459
Running shoes
Nike or Adidas
$151.85
ISK20,938
$92.93
₫2,359,248

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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: December 2024
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