Is Reykjavik more expensive than Honolulu?

Reykjavik is 0.1% cheaper than Honolulu overall. Rent is 20.1% lower, groceries 12.6% cheaper, and restaurants 5.0% more expensive.

Which city has better purchasing power, Honolulu or Reykjavik?

Honolulu has a purchasing power index of 91.8 while Reykjavik has 112.8 (NYC = 100). Reykjavik offers better purchasing power.

Honolulu vs Reykjavik: Reykjavik is 0.1% cheaper, rent 20% lower (2026)

Category	🇺🇸 Honolulu	🇮🇸 Reykjavik	Difference
Cost of Living	78.3	78.2	-0.1%
Rent	62.1	49.6	-20.1%
Groceries	127.3	111.3	-12.6%
Restaurants	122.8	129.0	+5.0%
Purchasing Power	91.8	112.8	+22.9%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇺🇸 Cost of Living in Honolulu

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🇮🇸 Cost of Living in Reykjavik

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