Honningsvåg is "The city at the North Cape". The town is a centre for Finnmark county´s fishery education. There is a post office, several banks, hotels and a police station. There are good restaurants, plenty of shops, several car rental firms, as well as a number of souvenir shops. The island´s only petrol station is next to the ferry quay.

Honningsvåg is today Norway´s next largest cruise boat harbour, with almost one hundred calls every year. The local Coastal Steamer (Hurtigruta) and other ships call daily. Honningsvåg has also played a role as the last stop before the Arctic Ocean for traffic eastward.