Cost of living comparison
Reykjavik is 93.8% more expensive than Budapest.
If you lived in Reykjavik instead of Budapest, you would:
pay 2.0 times more for restaurants
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.52
HUF4,176.62
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.89
HUF3,132.46
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.53
HUF605.59
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.18
HUF469.52
|
$2.19
ISK304
|
|
pay 2.1 times more for groceries
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.48
HUF587.63
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$4.42
HUF1,752.88
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$3.98
HUF1,579.57
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$2.43
HUF965.49
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$2.44
HUF968.67
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$0.71
HUF280.71
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.80
HUF316.50
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.81
HUF320.42
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.17
HUF465.48
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.51
HUF202.07
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.55
HUF217.21
|
$0.93
ISK130
|
|
pay 2.0 times more for transportation
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.17
HUF2,450.02
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$23.54
HUF9,345.19
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,962.74
HUF10,702,588.68
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$12.15
HUF4,824.00
|
$24.05
ISK3,346
|
|
pay 2.8 times more for housing
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.98
HUF7,138.72
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$642.83
HUF255,165.03
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$478.04
HUF189,753.36
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$105.42
HUF41,845.33
|
$53.95
ISK7,507
|
|
pay 41.9% less for childcare
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$423.92
HUF168,269.59
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$10,554.11
HUF4,189,349.00
|
$5,993.99
ISK833,944
|
|
pay 2.3 times more for entertainment and sports
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.63
HUF1,044.15
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$2.37
HUF942.13
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.98
HUF2,375.45
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$49.31
HUF19,574.11
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$7.63
HUF3,028.05
|
$14.77
ISK2,056
|
|
pay 66.0% more for clothing
|
Budapest
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$74.81
HUF29,695.10
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$36.73
HUF14,578.92
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$86.74
HUF34,428.61
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$93.52
HUF37,121.51
|
$194.16
ISK27,013
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Budapest. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.