Cost of living comparison
Budapest is 27.4% cheaper than Reykjavik.
If you lived in Budapest instead of Reykjavik, you would:
pay 50.3% less for restaurants
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,753
|
$10.52
HUF4,074.40
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,480
|
$7.89
HUF3,055.80
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK434
|
$1.53
HUF590.76
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK301
|
$1.18
HUF458.03
|
|
pay 48.1% less for groceries
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK497
|
$1.48
HUF573.25
|
|
| Local cheese (8 oz) |
$7.76
ISK1,068
|
$4.42
HUF1,709.98
|
|
| Milk (1 gallon) |
$6.40
ISK882
|
$3.98
HUF1,540.91
|
|
|
Eggs
1 dozen
|
$5.76
ISK792
|
$2.43
HUF941.86
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,300
|
$2.44
HUF944.96
|
|
| Apples (1 lb) |
$1.40
ISK193
|
$0.71
HUF273.84
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.80
HUF308.76
|
|
| Oranges (1 lb) |
$1.22
ISK168
|
$0.81
HUF312.58
|
|
| Tomatoes (1 lb) |
$2.22
ISK306
|
$1.17
HUF454.08
|
|
| Potatoes (1 lb) |
$1.43
ISK197
|
$0.51
HUF197.13
|
|
| Onions (1 lb) |
$0.93
ISK129
|
$0.55
HUF211.89
|
|
pay 45.5% less for transportation
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,170
|
$6.17
HUF2,390.06
|
|
| Monthly public transit pass |
$74.95
ISK10,318
|
$23.54
HUF9,116.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,843,304
|
$26,962.74
HUF10,440,645.69
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,311
|
$12.15
HUF4,705.93
|
|
pay 29.9% less for housing
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,617
|
$17.98
HUF6,964.00
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK271,332
|
$642.83
HUF248,919.93
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK248,243
|
$478.04
HUF185,109.20
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,427
|
$105.42
HUF40,821.17
|
|
pay 72.1% more for childcare
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK34,707
|
$423.92
HUF164,151.24
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$10,554.11
HUF4,086,815.81
|
|
pay 52.0% less for entertainment and sports
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,488
|
$2.63
HUF1,018.60
|
|
| Cappuccino in mid-range area |
$5.31
ISK730
|
$2.37
HUF919.07
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,686
|
$5.98
HUF2,317.31
|
|
| Monthly membership at local gym |
$69.95
ISK9,628
|
$49.31
HUF19,095.04
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,034
|
$7.63
HUF2,953.94
|
|
pay 38.0% less for clothing
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,000
|
$74.81
HUF28,968.32
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,844
|
$36.73
HUF14,222.10
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,903
|
$86.74
HUF33,585.98
|
|
| Men's business shoes (leather) |
$194.16
ISK26,726
|
$93.52
HUF36,212.97
|
|
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