Cost of living comparison

 Hanoi, Vietnam
compared to
 Keflavik, Iceland
Keflavik vs. Hanoi Cost of Living Summary

Keflavik is 3.6 times more expensive than Hanoi.

Restaurants
pay 7.1 times more in Keflavik
Groceries
pay 2.3 times more in Keflavik
Transportation
pay 4.5 times more in Keflavik
Housing
pay 3.9 times more in Keflavik
Childcare
pay 23.9% less in Keflavik
Entertainment and Sports
pay 4.6 times more in Keflavik
Clothing
pay 2.1 times more in Keflavik

The cost of restaurants, entertainment and sports, transportation, housing, groceries, and clothing in Keflavik are more expensive than in Hanoi. Notably, restaurants, entertainment and sports, and transportation are significantly more expensive in Keflavik.

Keflavik vs. Hanoi Cost Breakdown

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

pay 7.1 times more for restaurants

 
Hanoi
Keflavik
Basic meal with drink at inexpensive restaurant $1.98
₫51,197
$20.00
ISK2,552
Fast food combo meal
McDonalds, or similar
$4.75
₫122,873
$15.10
ISK1,927
Bottle of Coca-Cola (11 fl. oz) $0.44
₫11,468
$2.88
ISK368

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pay 2.3 times more for groceries

 
Hanoi
Keflavik
Bread
1 loaf
$1.03
₫26,615
$3.61
ISK461
Local cheese (8 oz) $5.00
₫129,490
$7.76
ISK990
Milk (1 gallon) $5.30
₫137,185
$6.40
ISK817

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pay 4.5 times more for transportation

 
Hanoi
Keflavik
Gasoline (1 gallon) $3.47
₫89,767
$8.49
ISK1,083
Monthly public transit pass $7.91
₫204,789
$80.36
ISK10,255
New Volkswagen Golf 1.4 (standard edition) $39,554.95
₫1,023,944,070
$42,450.45
ISK5,417,102

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pay 3.9 times more for housing

 
Hanoi
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$9.00
₫233,082
$64.86
ISK8,277
1-Bedroom apartment in downtown area $338.66
₫8,766,823
$1,345.35
ISK171,680
1-Bedroom apartment outside city center $239.31
₫6,194,862
$960.96
ISK122,628

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pay 23.9% less for childcare

 
Hanoi
Keflavik
Private preschool for 1 child, monthly $243.92
₫6,314,322
$252.14
ISK32,176
Middle school for 1 child, two semesters $12,260.72
₫317,388,530
$5,993.99
ISK764,894

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pay 4.6 times more for entertainment and sports

 
Hanoi
Keflavik
Domestic/local beer (1 pint) $0.99
₫25,599
$7.57
ISK966
Cappuccino in mid-range area $1.83
₫47,456
$3.57
ISK455
Pack of cigarettes
Marlboro or similar
$1.38
₫35,838
$10.77
ISK1,375

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pay 2.1 times more for clothing

 
Hanoi
Keflavik
Regular jeans
Levi's brand
$36.72
₫950,590
$108.97
ISK13,906
Regular dress
from H&M or similar store
$26.37
₫682,629
$49.72
ISK6,345
Running shoes
Nike or Adidas
$92.93
₫2,405,663
$151.85
ISK19,378

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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: April 2025
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See the cost of living in Vietnam vs. Iceland. This provides a comparison of the average cost of living from cities within Vietnam and Iceland.

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