Cost of living comparison

 Reykjavik, Iceland
compared to
 Vietnam
Vietnam vs. Reykjavik Cost of Living Summary
Vietnam vs. Reykjavik Cost Breakdown

If you lived in Vietnam instead of Reykjavik, you would:

pay 83.6% less for restaurants

 
Reykjavik
Vietnam
Basic meal with drink at inexpensive restaurant $20.00
ISK2,436
$1.92
₫50,141
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,195
$4.34
₫113,347
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK384
$0.54
₫14,064

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pay 53.7% less for groceries

 
Reykjavik
Vietnam
Bread
1 loaf
$3.61
ISK440
$0.90
₫23,565
Local cheese (8 oz) $7.76
ISK945
$6.05
₫158,095
Milk (1 gallon) $6.40
ISK780
$5.46
₫142,619

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pay 60.7% less for transportation

 
Reykjavik
Vietnam
Gasoline (1 gallon) $8.50
ISK1,036
$3.47
₫90,551
Monthly public transit pass $74.95
ISK9,130
$7.11
₫185,618
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,170,889
$35,423.92
₫925,077,845

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pay 71.8% less for housing

 
Reykjavik
Vietnam
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK8,510
$8.68
₫226,759
1-Bedroom apartment in downtown area $1,971.17
ISK240,108
$297.09
₫7,758,334
1-Bedroom apartment outside city center $1,803.44
ISK219,677
$207.27
₫5,412,736

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pay 45.0% more for childcare

 
Reykjavik
Vietnam
Private preschool for 1 child, monthly $252.14
ISK30,713
$205.27
₫5,360,424
Middle school for 1 child, two semesters $5,993.99
ISK730,128
$12,496.31
₫326,334,819

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pay 79.5% less for entertainment and sports

 
Reykjavik
Vietnam
Domestic/local beer (1 pint) $10.81
ISK1,317
$0.88
₫22,886
Cappuccino in mid-range area $5.31
ISK646
$1.58
₫41,268
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,492
$1.27
₫33,055

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pay 59.1% less for clothing

 
Reykjavik
Vietnam
Regular jeans
Levi's brand
$108.97
ISK13,274
$28.00
₫731,130
Regular dress
from H&M or similar store
$49.72
ISK6,056
$22.19
₫579,577
Running shoes
Nike or Adidas
$151.85
ISK18,497
$79.50
₫2,075,979

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

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