Cost of living comparison
Reykjavik is 27.8% more expensive than Hong Kong.
If you lived in Reykjavik instead of Hong Kong, you would:
pay 2.4 times more for restaurants
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.72
HK$60.08
|
$20.00
ISK2,753
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.33
HK$49.31
|
$18.02
ISK2,480
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.35
HK$10.48
|
$3.15
ISK434
|
|
| Bottle of water (11 fl. oz) |
$1.09
HK$8.49
|
$2.19
ISK301
|
|
pay 12.7% more for groceries
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
HK$18.69
|
$3.61
ISK497
|
|
| Local cheese (8 oz) |
$13.58
HK$105.72
|
$7.76
ISK1,068
|
|
| Milk (1 gallon) |
$12.17
HK$94.75
|
$6.40
ISK882
|
|
|
Eggs
1 dozen
|
$3.59
HK$27.97
|
$5.76
ISK792
|
|
| Boneless chicken breast (1 lb) |
$4.30
HK$33.48
|
$9.45
ISK1,300
|
|
| Apples (1 lb) |
$1.62
HK$12.59
|
$1.40
ISK193
|
|
| Bananas (1 lb) |
$1.19
HK$9.24
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$1.61
HK$12.52
|
$1.22
ISK168
|
|
| Tomatoes (1 lb) |
$1.51
HK$11.75
|
$2.22
ISK306
|
|
| Potatoes (1 lb) |
$1.16
HK$9.06
|
$1.43
ISK197
|
|
| Onions (1 lb) |
$1.14
HK$8.90
|
$0.93
ISK129
|
|
pay 20.3% more for transportation
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.42
HK$88.93
|
$8.50
ISK1,170
|
|
| Monthly public transit pass |
$64.30
HK$500.63
|
$74.95
ISK10,318
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,067.68
HK$265,233.90
|
$42,450.45
ISK5,843,304
|
|
| Taxi trip in downtown area (5 miles) |
$14.53
HK$113.09
|
$24.05
ISK3,311
|
|
pay 39.5% more for housing
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$21.69
HK$168.90
|
$69.87
ISK9,617
|
|
| 1-Bedroom apartment in downtown area |
$2,183.24
HK$16,997.59
|
$1,971.17
ISK271,332
|
|
| 1-Bedroom apartment outside city center |
$1,543.27
HK$12,015.13
|
$1,803.44
ISK248,243
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$187.23
HK$1,457.72
|
$53.95
ISK7,427
|
|
pay 73.7% less for childcare
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,002.59
HK$7,805.66
|
$252.14
ISK34,707
|
|
| Middle school for 1 child, two semesters |
$21,790.97
HK$169,653.57
|
$5,993.99
ISK825,073
|
|
pay 7.6% more for entertainment and sports
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.72
HK$60.08
|
$10.81
ISK1,488
|
|
| Cappuccino in mid-range area |
$5.30
HK$41.28
|
$5.31
ISK730
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
HK$102.13
|
$12.25
ISK1,686
|
|
| Monthly membership at local gym |
$85.27
HK$663.90
|
$69.95
ISK9,628
|
|
| Movie ticket to theater/cinema |
$12.86
HK$100.13
|
$14.77
ISK2,034
|
|
pay 43.3% more for clothing
|
Hong Kong
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$72.66
HK$565.68
|
$108.97
ISK15,000
|
|
|
Regular dress
from H&M or similar store
|
$40.59
HK$316.00
|
$49.72
ISK6,844
|
|
|
Running shoes
Nike or Adidas
|
$92.45
HK$719.80
|
$151.85
ISK20,903
|
|
| Men's business shoes (leather) |
$142.24
HK$1,107.39
|
$194.16
ISK26,726
|
|
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