Cost of living comparison
Budapest is 22.1% cheaper than Reykjavik.
If you lived in Budapest instead of Reykjavik, you would:
pay 45.2% less for restaurants
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,967
|
$11.29
HUF4,256.12
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,374
|
$8.47
HUF3,192.09
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK399
|
$1.65
HUF623.14
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK285
|
$1.26
HUF475.61
|
|
pay 43.9% less for groceries
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK506
|
$1.59
HUF598.63
|
|
| Local cheese (8 oz) |
$7.66
ISK1,052
|
$4.84
HUF1,824.39
|
|
| Milk (1 gallon) |
$6.16
ISK847
|
$4.13
HUF1,557.22
|
|
|
Eggs
1 dozen
|
$5.91
ISK813
|
$2.52
HUF948.35
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,220
|
$2.59
HUF974.33
|
|
| Apples (1 lb) |
$1.53
ISK210
|
$0.73
HUF273.74
|
|
| Bananas (1 lb) |
$0.97
ISK133
|
$0.85
HUF320.50
|
|
| Oranges (1 lb) |
$1.26
ISK173
|
$0.90
HUF339.53
|
|
| Tomatoes (1 lb) |
$2.23
ISK306
|
$1.41
HUF531.77
|
|
| Potatoes (1 lb) |
$1.42
ISK195
|
$0.57
HUF214.76
|
|
| Onions (1 lb) |
$1.01
ISK139
|
$0.62
HUF234.86
|
|
pay 37.7% less for transportation
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,179
|
$6.74
HUF2,540.70
|
|
| Monthly public transit pass |
$66.92
ISK9,198
|
$26.82
HUF10,108.27
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,726,259
|
$31,054.17
HUF11,704,318.30
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,202
|
$13.04
HUF4,915.81
|
|
pay 29.6% less for housing
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,408
|
$17.90
HUF6,745.20
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK256,225
|
$643.77
HUF242,637.49
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK229,019
|
$500.61
HUF188,679.18
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,856
|
$123.00
HUF46,359.57
|
|
pay 80.7% more for childcare
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK33,039
|
$438.86
HUF165,408.13
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK822,511
|
$10,690.89
HUF4,029,397.25
|
|
pay 48.4% less for entertainment and sports
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,483
|
$2.82
HUF1,064.03
|
|
| Cappuccino in mid-range area |
$5.09
ISK699
|
$2.36
HUF888.20
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,632
|
$6.21
HUF2,340.86
|
|
| Monthly membership at local gym |
$65.50
ISK9,003
|
$51.95
HUF19,580.41
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,978
|
$7.76
HUF2,926.08
|
|
pay 30.4% less for clothing
|
Reykjavik
|
Budapest
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,287
|
$80.02
HUF30,158.54
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,978
|
$34.09
HUF12,849.92
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,445
|
$92.91
HUF35,016.22
|
|
| Men's business shoes (leather) |
$174.65
ISK24,006
|
$100.47
HUF37,866.93
|
|
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