Moving to Hong Kong from Iceland

moving to

What to Expect

A comprehensive look at what changes when you move from Iceland to Hong Kong — from daily expenses to quality of life.

If you moved from Iceland to Hong Kong, you would find that Hong Kong is 4.3% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly HK$459,406 in Hong Kong to maintain the same lifestyle, and you’d need to navigate life in Chinese and English. You’ll also switch from driving on the right to the left. Expect a noticeable climate shift — Hong Kong averages 79°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Iceland to Hong Kong.

What does your salary buy?

ISK9,423,000 HK$459,406

To maintain the same standard of living in Hong Kong

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 63.6% less

Groceries

pay 11.5% less

Transportation

pay 14.2% less

Housing

pay 22.6% more

Childcare

pay 91.4% more

Entertainment and Sports

pay 15.3% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.0624 HKD (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

How Iceland and Hong Kong stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
HK
0.4

Hong Kong performs significantly better than Iceland across all safety metrics.

What about the environment?

CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
HK
4.6t

Hong Kong performs significantly better than Iceland across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
HK
39.8
Electricity per capita World Bank, 2023

annual consumption — reflects grid capacity

IS
50,951 kWh
HK
6,375 kWh

Iceland generally does better on infrastructure, though Hong Kong leads in broadband per 100 people.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
HK
3.9%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
HK
$64,400

Iceland generally does better on employment & economy, though Hong Kong leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
HK
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
HK
2.5

Iceland performs better than Hong Kong across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Hong Kong Rain: 95.7 in/yr (2431 mm)
79° / 71°F

Avg. annual high / low

Months Reykjavik Hong Kong
Jan–Mar 37°/28°F (3°/-2°C) 68°/61°F (20°/16°C)
Apr–Jun 48°/38°F (9°/4°C) 83°/75°F (28°/24°C)
Jul–Sep 54°/45°F (12°/7°C) 88°/80°F (31°/27°C)
Oct–Dec 39°/31°F (4°/-1°C) 76°/68°F (24°/20°C)
View all months
Month Reykjavik Hong Kong
Jan 35°/27°F (1.9°/-3.0°C) 66°/58°F (18.7°/14.6°C)
Feb 37°/28°F (2.8°/-2.1°C) 67°/60°F (19.4°/15.3°C)
Mar 38°/28°F (3.2°/-2.0°C) 71°/64°F (21.9°/17.6°C)
Apr 42°/33°F (5.7°/0.4°C) 78°/70°F (25.6°/21.1°C)
May 49°/38°F (9.4°/3.6°C) 84°/76°F (28.8°/24.5°C)
Jun 53°/44°F (11.7°/6.7°C) 87°/80°F (30.7°/26.5°C)
Jul 56°/47°F (13.3°/8.3°C) 89°/80°F (31.6°/26.9°C)
Aug 55°/46°F (13.0°/7.9°C) 88°/80°F (31.3°/26.7°C)
Sep 50°/41°F (10.1°/5.0°C) 87°/79°F (30.5°/26.1°C)
Oct 44°/36°F (6.8°/2.2°C) 83°/75°F (28.1°/23.9°C)
Nov 38°/30°F (3.4°/-1.3°C) 76°/69°F (24.5°/20.3°C)
Dec 36°/27°F (2.2°/-2.8°C) 69°/61°F (20.4°/16.2°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Hong Kong Observatory Hong Kong Observatory

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Hong Kong. To live, work, or study long-term in Hong Kong, you'll need a separate residence or work visa — check Hong Kong's immigration authority.

Iceland passport

Iceland passport holder visiting Hong Kong

Visa Free
Iceland passport holders can enter Hong Kong without a visa.
Hong Kong passport

Hong Kong passport holder visiting Iceland

Visa Free
Hong Kong passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Hong Kong than Iceland?

Generally yes: Hong Kong runs about 22% cheaper than Iceland on average, though it depends heavily on the city.

How much money do I need to move to Hong Kong?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,423,000 comparable salary, that's around HK$114,852 in Hong Kong for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Hong Kong?

With 39.8 fixed broadband subscriptions per 100 people, Hong Kong can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Iceland and Hong Kong.

Is Hong Kong safe for expats?

Hong Kong performs significantly better than Iceland across all safety metrics. The homicide rate in Hong Kong is 0.4 per 100,000 people, compared to 1.1 in Iceland.

What's the weather like in Hong Kong compared to Iceland?

The average high temperature in Hong Kong is 79°F, compared to 45°F in Reykjavik. Hong Kong receives around 95.7 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Hong Kong?

The official languages in Hong Kong are Chinese and English. In Iceland, the official language is Icelandic.

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At a Glance

IS HK
Population 357,603 7,276,588
Currency Icelandic Króna (ISK) Hong Kong Dollar (HK$)
Languages Icelandic Chinese, English
Driving side Right Left
Calling code +354 +852
Time zones 1 1
Emergency number 112 999