Cost of living comparison
Iceland is 2.1 times more expensive than Hungary.
If you lived in Iceland instead of Hungary, you would:
pay 2.1 times more for restaurants
|
Hungary
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.72
HUF3,285.61
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.58
HUF2,857.13
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.25
HUF471.68
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$0.97
HUF365.64
|
$1.95
ISK269
|
|
pay 72.6% more for groceries
|
Hungary
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.49
HUF559.70
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$5.20
HUF1,960.83
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$4.19
HUF1,579.35
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$2.84
HUF1,071.55
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$2.46
HUF926.65
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$0.70
HUF263.23
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.79
HUF298.86
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.84
HUF316.53
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$1.33
HUF501.22
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.54
HUF202.97
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.56
HUF212.11
|
$0.68
ISK94
|
|
pay 92.6% more for transportation
|
Hungary
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.47
HUF2,437.47
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$21.93
HUF8,265.55
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,189.21
HUF10,247,613.40
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$12.71
HUF4,790.41
|
$23.23
ISK3,193
|
|
pay 3.4 times more for housing
|
Hungary
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$15.33
HUF5,778.60
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$399.32
HUF150,502.78
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$313.48
HUF118,150.03
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.20
HUF40,404.83
|
$66.99
ISK9,208
|
|
pay 16.6% less for childcare
|
Hungary
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$280.59
HUF105,756.04
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$7,899.82
HUF2,977,443.56
|
$5,993.83
ISK823,851
|
|
pay 2.8 times more for entertainment and sports
|
Hungary
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.71
HUF643.57
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$1.85
HUF697.61
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.66
HUF2,131.62
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$41.60
HUF15,680.92
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$5.86
HUF2,210.06
|
$13.94
ISK1,916
|
|
pay 94.3% more for clothing
|
Hungary
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$70.88
HUF26,713.42
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$28.89
HUF10,890.49
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$70.44
HUF26,550.42
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$80.82
HUF30,462.17
|
$169.24
ISK23,262
|
|
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