Cost of living comparison
Iceland is 21.3% more expensive than Hong Kong.
If you lived in Iceland instead of Hong Kong, you would:
pay 2.3 times more for restaurants
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.72
HK$60.05
|
$19.40
ISK2,665
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.33
HK$49.29
|
$16.94
ISK2,327
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.35
HK$10.48
|
$2.81
ISK386
|
|
| Bottle of water (11 fl. oz) |
$1.09
HK$8.49
|
$2.02
ISK278
|
|
pay 0.8% more for groceries
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
HK$18.69
|
$2.95
ISK406
|
|
| Local cheese (8 oz) |
$13.58
HK$105.67
|
$7.27
ISK998
|
|
| Milk (1 gallon) |
$12.17
HK$94.70
|
$6.01
ISK825
|
|
|
Eggs
1 dozen
|
$3.59
HK$27.96
|
$5.42
ISK744
|
|
| Boneless chicken breast (1 lb) |
$4.30
HK$33.46
|
$8.51
ISK1,169
|
|
| Apples (1 lb) |
$1.62
HK$12.58
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.19
HK$9.23
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.61
HK$12.52
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.51
HK$11.74
|
$1.87
ISK257
|
|
| Potatoes (1 lb) |
$1.16
HK$9.05
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$1.14
HK$8.90
|
$0.78
ISK108
|
|
pay 13.8% more for transportation
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.42
HK$88.89
|
$8.36
ISK1,149
|
|
| Monthly public transit pass |
$64.30
HK$500.38
|
$71.28
ISK9,792
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,067.68
HK$265,099.33
|
$40,660.66
ISK5,585,962
|
|
| Taxi trip in downtown area (5 miles) |
$14.53
HK$113.03
|
$22.04
ISK3,027
|
|
pay 36.2% more for housing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$21.69
HK$168.81
|
$72.17
ISK9,915
|
|
| 1-Bedroom apartment in downtown area |
$2,183.24
HK$16,988.96
|
$1,838.04
ISK252,510
|
|
| 1-Bedroom apartment outside city center |
$1,543.27
HK$12,009.03
|
$1,497.77
ISK205,764
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$187.23
HK$1,456.98
|
$58.01
ISK7,970
|
|
pay 73.4% less for childcare
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,002.59
HK$7,801.70
|
$258.16
ISK35,467
|
|
| Middle school for 1 child, two semesters |
$21,790.97
HK$169,567.50
|
$5,993.99
ISK823,455
|
|
pay 4.0% less for entertainment and sports
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.72
HK$60.05
|
$9.19
ISK1,262
|
|
| Cappuccino in mid-range area |
$5.30
HK$41.26
|
$4.65
ISK639
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
HK$102.08
|
$11.76
ISK1,615
|
|
| Monthly membership at local gym |
$85.27
HK$663.56
|
$61.46
ISK8,443
|
|
| Movie ticket to theater/cinema |
$12.86
HK$100.08
|
$14.35
ISK1,971
|
|
pay 47.5% more for clothing
|
Hong Kong
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$72.66
HK$565.39
|
$111.23
ISK15,281
|
|
|
Regular dress
from H&M or similar store
|
$40.59
HK$315.84
|
$59.69
ISK8,200
|
|
|
Running shoes
Nike or Adidas
|
$92.45
HK$719.44
|
$148.00
ISK20,332
|
|
| Men's business shoes (leather) |
$142.24
HK$1,106.83
|
$184.49
ISK25,346
|
|
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