Reykjavik vs Hong Kong

Cost of living comparison for 2026. Hong Kong is roughly 1% more affordable than Reykjavik (index 88 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Hong Kong
More affordable overall
1% cheaper than Reykjavik · Cost index: 88 vs 89

Head-to-Head Stats

89Cost Index88
4,652Median Income /mo2,533
76Safety Index82
31.49Income Tax %10
95Internet (Mbps)110
250Coworking /mo350

Price Breakdown

ReykjavikCategoryHong Kong
$2,222/month
1-BR Apartment (Center)
9% cheaper →
$2,438/month
$1.77/liter
Meal for One
45% cheaper →
$3.2/liter
$28.14/meal
Restaurant (Mid-range)
36% ← cheaper
$17.92/meal
$78.9/month
Monthly Transit Pass
5% cheaper →
$83.33/month
$182.55/month
Utilities (Monthly)
8% cheaper →
$198/month
$86.59/visit
Doctor Visit
15% cheaper →
$102/visit

Digital Nomad Profile

Reykjavik

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

Hong Kong

Internet110 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability88/100

Frequently Asked Questions

Is Reykjavik cheaper than Hong Kong?

Hong Kong is cheaper than Reykjavik. Hong Kong has a cost of living index of 88/100 compared to 89/100 for Reykjavik, making it roughly 1% more affordable overall.

How much cheaper is Hong Kong than Reykjavik?

Hong Kong is approximately 1% cheaper than Reykjavik based on cost index scores (88 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,966/month in Hong Kong.

What is the rent comparison between Reykjavik and Hong Kong?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Hong Kong, the equivalent is around $2,438/month.

Which city is better for digital nomads — Reykjavik or Hong Kong?

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Hong Kong offers 110 Mbps and coworking at ~$350/month. Hong Kong has a cost advantage of 1%.

What is the average income in Reykjavik vs Hong Kong?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $2,533 USD in Hong Kong.

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