HomePricePeek

Hong Kong vs Reykjavik

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Hong Kong vs Reykjavik

Reykjavik is 63% more affordable for homebuyers. Hong Kong has a price-to-income ratio of 20.5x compared to 7.8x in Reykjavik.

MetricHong KongReykjavik
Avg Home Price$1,200,000$450,000
Price / sqm$25,000$6,500
Rent (1BR)$2,200/mo$1,500/mo
Rent (3BR)$3,800/mo$2,500/mo
Price-to-Income20.5x7.8x
Mortgage Rate4.0%7.5%
1yr Change-3.5%+2.8%
Median Income$58,000/yr$58,000/yr
Population7,500,000130,000
Hong KongView full details โ†’ReykjavikView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Hong Kong or Reykjavik more expensive?
Reykjavik is more affordable. Home prices differ by $750,000 (63%).
Which city has cheaper rent, Hong Kong or Reykjavik?
Rent for a 1BR in Hong Kong is $2,200/mo vs $1,500/mo in Reykjavik.

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