Cost of living comparison

compared to

Ho Chi Minh City vs. Reykjavik Cost of Living Summary

Ho Chi Minh City is 64.6% cheaper than Reykjavik.

Restaurants: pay 87.7% less in Ho Chi Minh City
Groceries: pay 59.6% less in Ho Chi Minh City
Transportation: pay 65.3% less in Ho Chi Minh City
Housing: pay 60.1% less in Ho Chi Minh City
Childcare: pay 37.2% less in Ho Chi Minh City
Entertainment and Sports: pay 81.8% less in Ho Chi Minh City
Clothing: pay 60.8% less in Ho Chi Minh City

Expenses including restaurants, entertainment and sports, transportation, clothing, housing, and groceries are lower in Ho Chi Minh City.

Ho Chi Minh City vs. Reykjavik Cost Breakdown

If you lived in Ho Chi Minh City instead of Reykjavik, you would:

Display currency: USD

pay 87.7% less for restaurants

	Reykjavik	Ho Chi Minh City
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,473	$1.89 ₫49,824	-93.1%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,877	$3.79 ₫99,647	-83.4%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK422	$0.49 ₫12,814	-85.4%
Bottle of water (11 fl. oz)	$2.70 ISK341	$0.31 ₫8,045	-88.7%
Average			-87.7%

Reykjavik vs. Ho Chi Minh City - Cost of restaurants

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pay 59.6% less for groceries

	Reykjavik	Ho Chi Minh City
Bread 1 loaf	$4.63 ISK586	$0.97 ₫25,576	-79.0%
Local cheese (8 oz)	$9.44 ISK1,193	$5.67 ₫149,159	-39.9%
Milk (1 gallon)	$7.63 ISK964	$5.38 ₫141,624	-29.4%
Eggs 1 dozen	$6.50 ISK822	$1.42 ₫37,278	-78.2%
Boneless chicken breast (1 lb)	$11.29 ISK1,427	$1.63 ₫42,831	-85.6%
Apples (1 lb)	$1.59 ISK201	$1.23 ₫32,371	-22.6%
Bananas (1 lb)	$1.17 ISK148	$0.52 ₫13,652	-55.6%
Oranges (1 lb)	$1.49 ISK188	$0.54 ₫14,320	-63.4%
Tomatoes (1 lb)	$2.54 ISK321	$0.52 ₫13,683	-79.5%
Potatoes (1 lb)	$1.70 ISK214	$0.50 ₫13,247	-70.3%
Onions (1 lb)	$1.13 ISK143	$0.54 ₫14,217	-52.2%
Average			-59.6%

Reykjavik vs. Ho Chi Minh City - Cost of groceries

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pay 65.3% less for transportation

	Reykjavik	Ho Chi Minh City
Gasoline (1 gallon)	$9.66 ISK1,221	$3.17 ₫83,392	-67.2%
Monthly public transit pass	$88.58 ISK11,197	$11.36 ₫298,941	-87.2%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,417,454	$37,122.40 ₫976,541,854	-26.9%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,548	$5.68 ₫149,471	-79.8%
Average			-65.3%

Reykjavik vs. Ho Chi Minh City - Cost of transportation

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pay 60.1% less for housing

	Reykjavik	Ho Chi Minh City
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,361	$9.41 ₫247,487	-88.5%
1-Bedroom apartment in downtown area	$2,259.48 ISK285,599	$543.38 ₫14,294,119	-76.0%
1-Bedroom apartment outside city center	$2,034.90 ISK257,212	$306.83 ₫8,071,417	-84.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,694	$66.43 ₫1,747,626	+9.1%
Average			-60.1%

Reykjavik vs. Ho Chi Minh City - Cost of housing

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pay 37.2% less for childcare

	Reykjavik	Ho Chi Minh City
Private preschool for 1 child, monthly	$327.78 ISK41,431	$263.06 ₫6,919,939	-19.7%
Middle school for 1 child, two semesters	$30,711.08 ISK3,881,881	$13,892.02 ₫365,443,386	-54.8%
Average			-37.2%

Reykjavik vs. Ho Chi Minh City - Cost of childcare

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pay 81.8% less for entertainment and sports

	Reykjavik	Ho Chi Minh City
Domestic/local beer (1 pint)	$13.12 ISK1,659	$1.06 ₫27,901	-91.9%
Cappuccino in mid-range area	$6.17 ISK780	$1.81 ₫47,728	-70.6%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,761	$1.25 ₫32,884	-91.0%
Monthly membership at local gym	$87.35 ISK11,041	$19.47 ₫512,230	-77.7%
Movie ticket to theater/cinema	$17.18 ISK2,172	$3.79 ₫99,647	-78.0%
Average			-81.8%

Reykjavik vs. Ho Chi Minh City - Cost of entertainment and sports

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pay 60.8% less for clothing

	Reykjavik	Ho Chi Minh City
Regular jeans Levi's brand	$145.10 ISK18,340	$44.83 ₫1,179,354	-69.1%
Regular dress from H&M or similar store	$63.97 ISK8,086	$29.40 ₫773,454	-54.0%
Running shoes Nike or Adidas	$193.43 ISK24,449	$93.29 ₫2,454,093	-51.8%
Men's business shoes (leather)	$248.79 ISK31,447	$79.23 ₫2,084,291	-68.2%
Average			-60.8%

Reykjavik vs. Ho Chi Minh City - 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: December 2025

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