Hong Kong vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Hong Kong	Reykjavik
🚶 Cost of living one person	$2718	$3268
👨‍👩‍👧‍👦 Cost of living Family	$6205	$6787
🏠 One person rent	$1790	$2025
🏘️ Family rent	$3191	$3029
🍽️ Food expenses	$551	$894
🚐 Transport expenses	$230	$101
💳 Monthly salary after tax	$1245	$4361
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	19 km	4 km
🎓 Higher education	100	52
😀 Quality of life	83	91
🏙️ Population	7.41M	140K

The cost of living in Hong Kong is 17% less expensive than in Reykjavik. Cities ranked 532nd and 88th ($2718 vs $3268) in the list of the most expensive cities in the world and ranked 1st and 1st in China and Iceland, respectively. Check China vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.5 months in Hong Kong compared to 1.3 months in Reykjavik. Hong Kong ranked 1st best city to live in China vs Reykjavik ranked 1st in Iceland, while ranked 548th and 191st among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Hong Kong vs Reykjavik infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/hong-kong/reykjavik.jpg" alt="Cost of living in Hong Kong vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/hong-kong/reykjavik" target="_blank">Hong Kong vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Hong Kong vs Reykjavik

Prices for goods and services in Hong Kong and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Hong Kong	Reykjavik
Eating Out
🍱 Lunch Menu	$8.11	$27.9
🥂 Dinner in a Restaurant, for 2	$66	$79.5
🥪 Fast food meal, equiv. McDonald's	$6.23	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.01	$13
☕ Cappuccino	$5.46	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.38	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2068	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1498	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3648	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2751	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$155	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$238	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$23	$84
🏦 Mortgage Interest Rate for 20 Years	3.9%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$26310	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$16253	$6578
Transportation
🚌 Local transport ticket	$1.55	$5.36
🎟️ Monthly ticket local transport	$67	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$14.8	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.77	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$3.12	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$2.27	$4.43
🍚 Rice, 1 kg or 2.2 lb	$2.12	$3.55
🥚 Eggs, x12	$4.18	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$25.5	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.4	$25
🥩 Round Steak, 1 kg or 2.2 lb	$21	$41.5
🍏 Apples, 1 kg or 2.2 lb	$3.76	$3.59
🍌 Banana, 1 kg or 2.2 lb	$2.34	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$3.7	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$3.16	$5.57
🥔 Potato, 1 kg or 2.2 lb	$2.61	$3.7
🧅 Onion, 1 kg or 2.2 lb	$2.36	$2.56
🌊 Water, 1 L or 1 qt	$1.27	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.5	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$19.2	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$3.1	$3.79
🚬 Cigarette pack	$13	$13.6
💊 Cold medicince, 1 week	$17.4	$12.9
🧴 Hair Shampoo	$7.04	$5.86
🧻 Toilet paper, 4 rolls	$1.97	$5.2
👄 Toothpaste, 1 tube	$2.72	$3.63
Other
🏋️ Gym Membership, 1 month	$75.7	$88.2
🎫 Cinema Ticket, 1 person	$13.1	$18
👩‍⚕️ Doctor's visit	$65.5	$92.8
💇 Haircut, simple	$24.1	$46
👖 Brand Jeans	$76.1	$144
👟 Brand Sneakers	$91.4	$194
👶 Daycare or Preschool, 1 month	$1018	$352
🏫 International Primary School, 1 year	$22102	$30378

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Hong Kong

Distance	City	Cost of living
5 km or 3.1 mi	Kowloon	$2414
30 km or 19 mi	Shenzhen	$878
61 km or 38 mi	Zhuhai	$662
64 km or 40 mi	Macau	$1746
88 km or 55 mi	Zhongshan	$518
95 km or 59 mi	Dongguan	$662
96 km or 60 mi	Huizhou	$608
116 km or 72 mi	Jiangmen	$829
132 km or 82 mi	Guangzhou	$758
132 km or 82 mi	Shanwei	$941
137 km or 85 mi	Foshan	$589
152 km or 94 mi	Kaiping	$827
173 km or 107 mi	Heyuan	$766
193 km or 120 mi	Qingyuan	$777
195 km or 121 mi	Zhaoqing	$794
229 km or 143 mi	Yunfu	$816
231 km or 144 mi	Yangjiang	$892
236 km or 147 mi	Puning	$579
267 km or 166 mi	Jieyang	$451
286 km or 178 mi	Shaoguan	$818
287 km or 178 mi	Shantou	$589
297 km or 184 mi	Chaozhou	$454
301 km or 187 mi	Meizhou	$669
320 km or 199 mi	Wuzhou	$809
333 km or 207 mi	Lianzhou	$765
341 km or 212 mi	Maoming	$773
343 km or 213 mi	Gaozhou	$780
357 km or 222 mi	Hezhou	$766
403 km or 250 mi	Ganzhou	$897
406 km or 252 mi	Zhanjiang	$790
408 km or 254 mi	Chenzhou	$750
414 km or 257 mi	Yulin	$726
427 km or 266 mi	Longyan	$697
435 km or 270 mi	Zhangzhou	$681
469 km or 292 mi	Xiamen	$707
471 km or 292 mi	Haikou	$677
475 km or 295 mi	Guigang	$693
489 km or 304 mi	Kinmen	$901
516 km or 320 mi	Guilin	$546
529 km or 329 mi	Laibin	$598

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242