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Hanoi vs Reykjavik cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
๐ป๐ณ Hanoi
๐ฎ๐ธ Reykjavik
At a glance
- Where Hanoi is clearly cheaper: Haircut (95%โ), Transit (95%โ), Tuk-tuk / moto taxi (94%โ)
By category
Salary equivalence
Travel difficulty
Reykjavik is easier to travel (1.2 vs 3.2). Biggest gap: rip-offs & haggling โ Hanoi 4 vs Reykjavik 1. Closer to 1 is easier. Difficulty ranking โบ
Item by item
| Item | Hanoi | Reykjavik | Cheaper |
|---|---|---|---|
| Local mealper person | โซ 70,000$2.66 | kr 3,200$26.5 | Hanoi โ90% |
| Street food1 item | โซ 50,000$1.9 | kr 820$6.8 | Hanoi โ72% |
| Restaurant dinnerper person | โซ 280,000$10.6 | kr 6,000$49.8 | Hanoi โ79% |
| Coffeeone cup | โซ 45,000$1.71 | kr 750$6.22 | Hanoi โ72% |
| Beerone bottle | โซ 25,000$0.95 | kr 1,500$12.4 | Hanoi โ92% |
| Cocktail & wineone cup | โซ 120,000$4.56 | kr 2,200$18.2 | Hanoi โ75% |
| Bottled water | โซ 8,000$0.3 | kr 300$2.49 | Hanoi โ88% |
| Convenience store1 snack or drink | โซ 12,000$0.46 | kr 350$2.9 | Hanoi โ84% |
| Taxi5 km in town | โซ 75,000$2.85 | kr 3,500$29 | Hanoi โ90% |
| Tuk-tuk / moto taxishort hop | โซ 25,000$0.95 | kr 1,900$15.8 | Hanoi โ94% |
| Transitone ride | โซ 8,000$0.3 | kr 690$5.72 | Hanoi โ95% |
| Scooter rentalper day | โซ 150,000$5.7 | kr 7,000$58.1 | Hanoi โ90% |
| Hotel night3-star | โซ 800,000$30.4 | kr 25,000$207 | Hanoi โ85% |
| Studio rent (month) | โซ 9,500,000$361 | kr 260,000$2,157 | Hanoi โ83% |
| Laundry | โซ 30,000$1.14 | kr 2,000$16.6 | Hanoi โ93% |
| SIM card1 week data | โซ 220,000$8.37 | kr 3,500$29 | Hanoi โ71% |
| Haircutcut | โซ 80,000$3.04 | kr 7,500$62.2 | Hanoi โ95% |
| Massage1 hour | โซ 300,000$11.4 | kr 18,000$149 | Hanoi โ92% |
| Half-day tourper person | โซ 650,000$24.7 | kr 13,000$108 | Hanoi โ77% |
| Entry ticketTourist town | โซ 70,000$2.66 | kr 4,000$33.2 | Hanoi โ92% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Hanoi or Reykjavik?
Hanoi is 86% cheaper than Reykjavik. Daily budget $61.4 vs $429; a month $1,277 vs $9,124.
Which is easier to travel, Hanoi or Reykjavik?
Reykjavik is easier: Reykjavik 1.2/5 vs Hanoi 3.2/5 (average of rip-offs, language, transport, payments and safety).
How do monthly costs compare between Hanoi and Reykjavik?
With a short-term studio and living costs, Hanoi is about $1,277 and Reykjavik about $9,124 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.