Last update: Oct 2026

Cost of Living Comparison Between Honolulu, HI and Kopavogur

For one person, living is cheaper in Kopavogur: $1,830 a month against $3,708 in Honolulu, HI, rent and utilities included – about $22,500 less a year. Higher rent and utilities in Honolulu, HI outweigh lower spending on other living expenses.

178

Cost of Living Index in Honolulu, HI
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Honolulu, HI Living Index
88

Cost of Living Index in Kopavogur
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Kopavogur Living Index

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Honolulu, HI

🇺🇸 United States

$3,708

/mo nomad

Kopavogur

🇮🇸 Iceland

$1,830

/mo nomad

Monthly Cost of Living

How much you'll spend in Honolulu, HI and in Kopavogur

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Honolulu, HI and in Kopavogur actually costs, broken down by who's living it.

A single person spends $3,708 per month in Honolulu, HI vs $1,830 in Kopavogur, rent included.

Honolulu, HI $3,708
Kopavogur $1,830

A couple spends around $5,954 per month in Honolulu, HI vs $3,039 in Kopavogur, rent included.

Honolulu, HI $5,954
Kopavogur $3,039

A family of three spends $8,200 per month in Honolulu, HI vs $4,248 in Kopavogur, rent included.

Honolulu, HI $8,200
Kopavogur $4,248

Honolulu, HI costs about 103% more than Kopavogur, and outside of rent the biggest gap is in groceries.

Both Honolulu, HI and Kopavogur sit above the global median – Honolulu, HI by 172%, Kopavogur by 34%.

Meal at Budget Restaurant

$27.73 $27.73

$30.95 ISK 3,758

-10.40%

Three-Course Dinner for Two, Mid-Range

$140 $140

$88.1 ISK 10.7K

58.48%

Fast Food Meal (McDonalds, etc)

$15.03 $15.03

$23.70 ISK 2,878

-36.58%

Cappuccino

$10.28 $10.28

$6.55 ISK 795

56.95%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$4.84 $4.84

$3.03 ISK 368

59.74%

Water (0.33 liter bottle)

$3.57 $3.57

$3.20 ISK 388

11.56%

Local Beer (0.5 liter draught)

$10.68 $10.68

$10.84 ISK 1,316

-1.48%

Imported Beer (0.33 liter bottle)

$11.28 $11.28

$12.15 ISK 1,475

-7.16%

Milk (1 liter)

$2.18 $2.18

$1.68 ISK 204

29.76%

White Bread (500g)

$7.52 $7.52

$4.32 ISK 525

74.07%

Rice (white) (1kg)

$10.17 $10.17

$3.59 ISK 436

183.29%

Eggs

$8.69 $8.69

$7.24 ISK 879

20.03%

Local Cheese (1kg)

$27.68 $27.68

$21.70 ISK 2,634

27.56%

Chicken Fillets (1kg)

$20.05 $20.05

$24.62 ISK 2,989

-18.56%

Beef Round Steak (1kg)

$21.26 $21.26

$42.67 ISK 5,181

-50.18%

Apples (1kg)

$7.99 $7.99

$3.31 ISK 401

141.39%

Banana (1kg)

$5.14 $5.14

$2.87 ISK 348

79.09%

Oranges (1kg)

$6.77 $6.77

$3.16 ISK 384

114.24%

Tomato (1kg)

$9.48 $9.48

$6.40 ISK 777

48.13%

Potato (1kg)

$4.81 $4.81

$3.95 ISK 479

21.77%

Onion (1kg)

$4.89 $4.89

$1.69 ISK 205

189.35%

Lettuce (1 head)

$5.15 $5.15

$3.68 ISK 447

39.95%

Water (1.5 liter bottle)

$3.18 $3.18

$1.84 ISK 224

72.83%

Cigarettes 20 Pack (Marlboro, Camel)

$12.91 $12.91

$13.82 ISK 1,678

-6.58%

Wine (Bottle)

$18.31 $18.31

$23.64 ISK 2,870

-22.55%

Local Beer (0.5 liter bottle)

$2.72 $2.72

$3.58 ISK 435

-24.02%

Imported Beer (0.33 liter bottle)

$5.81 $5.81

$3.36 ISK 408

72.92%

One-way Ticket (Public Transport)

$3.07 $3.07

$4.49 ISK 545

-31.63%

Public Transport Monthly Pass (Regular Price)

$90.8 $90.8

$72.3 ISK 8,778

25.54%

Taxi Start (Normal Tariff)

$3.42 $3.42

$5.93 ISK 720

-42.33%

Taxi (Normal Tariff) (1km)

$2.58 $2.58

$2.86 ISK 348

-9.79%

Taxi 1hour Waiting (Normal Tariff)

$45.37 $45.37

$80.4 ISK 9,755

-43.54%

Gasoline (1 liter)

$1.44 $1.44

$2.03 ISK 247

-29.06%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.2K $36.2K

$70.1K ISK 8.5M

-48.38%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.1K $26.1K

$55.1K ISK 6.7M

-52.59%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$259 $259

$96.0 ISK 11.6K

169.65%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$66.4 $66.4

$32.17 ISK 3,905

106.40%

Internet (50+ Mbps, Unlimited Data)

$66.2 $66.2

$86.9 ISK 10.6K

-23.79%

Gym Membership (Monthly)

$53.8 $53.8

$70.8 ISK 8,591

-23.94%

Tennis Court (1 Hour on Weekend)

$31.55 $31.55

$53.0 ISK 6,439

-40.52%

Cinema Ticket

$19.86 $19.86

$16.73 ISK 2,031

18.71%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,174 $2,174

$489 ISK 59.4K

344.46%

International Primary School, 1 Child (Yearly)

$26.7K $26.7K

$25.5K ISK 3.1M

4.61%

Jeans (Levis 501 Or Similar)

$62.7 $62.7

$147 ISK 17.9K

-57.48%

Summer Dress (H&M, Zara, etc)

$47.12 $47.12

$53.1 ISK 6,450

-11.31%

Sport Shoes (Adidas, Nike)

$99.8 $99.8

$163 ISK 19.8K

-38.67%

Men's Leather Business Shoes

$130 $130

$253 ISK 30.8K

-48.59%

1-bedroom Apartment, City Center (Monthly)

$2,529 $2,529

1-bedroom Apartment, Outside City Center (Monthly)

$1,741 $1,741

3-bedroom Apartment, City Center (Monthly)

$4,407 $4,407

3-bedroom Apartment, Outside City Center (Monthly)

$3,603 $3,603

Buy Apartment in City Center (m2)

$9,028 $9,028

$6,640 ISK 806.1K

35.96%

Buy Apartment Outside City Center (m2)

$7,207 $7,207

$6,533 ISK 793.1K

10.32%

Average Monthly Net Salary (After Tax)

$4,079 $4,079

$5,258 ISK 638.4K

-22.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.7

8.81

-23.95%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Honolulu, HI: October 26, 2026

Last update for Kopavogur: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Honolulu, HI

$1.7K 47%

Kopavogur

- * 0% 100%

Groceries & Markets

Honolulu, HI

$710 19.1%

Kopavogur

$622 34% 12.4% $88

Eating Out

Honolulu, HI

$500 13.5%

Kopavogur

$501 27.4% 0.2% $0.9

Monthly Utilities & Internet

Honolulu, HI

$391 10.6%

Kopavogur

$215 11.8% 45.1% $176

Clothing & Footwear

Honolulu, HI

$153 4.1%

Kopavogur

$278 15.2% 81.4% $125

Getting Around

Honolulu, HI

$119 3.2%

Kopavogur

$111 6% 7.5% $8.9

Sport & Entertainment

Honolulu, HI

$94 2.5%

Kopavogur

$104 5.7% 11.4% $11

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 29% higher in Kopavogur, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $140 in Honolulu, HI versus $88 in Kopavogur. Monthly groceries follow the same trend: $710 vs $622 – making Kopavogur the more affordable choice for daily food spending.

Good to know

🇺🇸 Honolulu, HI

🇮🇸 Kopavogur

🕒 Local time

18:39 6:39 PM

04:39 4:39 AM

10 h ahead of Honolulu, HI

🌤 Weather

👥 Population

350,964

39,335

💱 Currency

United States Dollar USD $

Icelandic Króna ISK kr

📈 Exchange rate

1 USD = 0.896 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.38 EUR

Exchange rates and currency converter

ISK, EUR to USD – United States Dollar Converter

🇮🇸 Icelandic Króna (kr)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 2, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

Icelandic Króna exchange rates as of November 2, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.38 EUR).

ISK to USD in detail →

On the map

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Honolulu, HI Kopavogur 9,790 km ≈ 13 h nonstop flight

From you

Honolulu, HI
Kopavogur

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Honolulu, HI vs Kopavogur: Cost of Living - Frequently Asked Questions

Honolulu, HI costs about 103% more than Kopavogur, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $5,562 per month in Honolulu, HI and $2,745 in Kopavogur. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $3,708 in Honolulu, HI and $1,830 in Kopavogur. That makes Kopavogur about 51% cheaper.

Public transport costs about 20% less in Kopavogur. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Kopavogur, where all-in costs run around $1,830, than in Honolulu, HI at $3,708. In Kopavogur it covers expenses comfortably, while in Honolulu, HI it requires careful planning or may not stretch far enough.

It depends on your priorities. Honolulu, HI has an edge in some lifestyle areas, with costs from $1,830 in Kopavogur to $3,708 in Honolulu, HI. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.