Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 87.9% higher than in Budapest (without rent) | |
| Cost of Living Including Rent in Reykjavik is 110.6% higher than in Budapest | |
| Rent Prices in Reykjavik are 184.0% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 114.6% higher than in Budapest | |
| Groceries Prices in Reykjavik are 117.4% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 49.7% higher than in Budapest | |
Restaurants | Budapest Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
4,000.00 Ft (1,551.20 kr) |
7,735.92 Ft (3,000.00 kr) |
+93.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 Ft (7,756.02 kr) |
43,836.90 Ft (17,000.00 kr) |
+119.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 Ft (1,163.40 kr) |
6,188.74 Ft (2,400.00 kr) |
+106.3 % |
| Domestic Beer (1 pint draught) |
1,000.00 Ft (387.80 kr) |
3,867.96 Ft (1,500.00 kr) |
+286.8 % |
| Imported Beer (12 oz small bottle) |
1,000.00 Ft (387.80 kr) |
3,223.30 Ft (1,250.00 kr) |
+222.3 % |
| Cappuccino (regular) |
840.25 Ft (325.85 kr) |
1,822.44 Ft (706.74 kr) |
+116.9 % |
| Coke/Pepsi (12 oz small bottle) |
585.59 Ft (227.09 kr) |
1,049.53 Ft (407.01 kr) |
+79.2 % |
| Water (12 oz small bottle) |
446.96 Ft (173.33 kr) |
753.78 Ft (292.32 kr) |
+68.6 % |
Markets | Budapest Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
1,461.71 Ft (566.85 kr) |
2,208.66 Ft (856.52 kr) |
+51.1 % |
| Loaf of Fresh White Bread (1 lb) |
512.27 Ft (198.66 kr) |
1,197.97 Ft (464.58 kr) |
+133.9 % |
| Rice (white), (1 lb) |
342.23 Ft (132.72 kr) |
535.87 Ft (207.81 kr) |
+56.6 % |
| Eggs (regular) (12) |
885.74 Ft (343.49 kr) |
2,118.81 Ft (821.68 kr) |
+139.2 % |
| Local Cheese (1 lb) |
1,545.82 Ft (599.47 kr) |
2,489.35 Ft (965.37 kr) |
+61.0 % |
| Chicken Fillets (1 lb) |
915.70 Ft (355.11 kr) |
3,179.70 Ft (1,233.09 kr) |
+247.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,020.31 Ft (783.48 kr) |
5,111.16 Ft (1,982.11 kr) |
+153.0 % |
| Apples (1 lb) |
258.61 Ft (100.29 kr) |
547.22 Ft (212.21 kr) |
+111.6 % |
| Banana (1 lb) |
302.22 Ft (117.20 kr) |
347.05 Ft (134.59 kr) |
+14.8 % |
| Oranges (1 lb) |
319.06 Ft (123.73 kr) |
451.41 Ft (175.06 kr) |
+41.5 % |
| Tomato (1 lb) |
499.77 Ft (193.81 kr) |
798.34 Ft (309.60 kr) |
+59.7 % |
| Potato (1 lb) |
201.84 Ft (78.27 kr) |
507.17 Ft (196.68 kr) |
+151.3 % |
| Onion (1 lb) |
220.73 Ft (85.60 kr) |
362.15 Ft (140.44 kr) |
+64.1 % |
| Lettuce (1 head) |
522.97 Ft (202.81 kr) |
1,133.47 Ft (439.56 kr) |
+116.7 % |
| Water (1.5 liter bottle) |
178.57 Ft (69.25 kr) |
724.60 Ft (281.00 kr) |
+305.8 % |
| Bottle of Wine (Mid-Range) |
2,000.00 Ft (775.60 kr) |
7,089.97 Ft (2,749.50 kr) |
+254.5 % |
| Domestic Beer (0.5 liter bottle) |
399.40 Ft (154.89 kr) |
1,119.51 Ft (434.15 kr) |
+180.3 % |
| Imported Beer (12 oz small bottle) |
535.95 Ft (207.84 kr) |
917.71 Ft (355.89 kr) |
+71.2 % |
| Cigarettes 20 Pack (Marlboro) |
2,200.00 Ft (853.16 kr) |
4,254.76 Ft (1,650.00 kr) |
+93.4 % |
Transportation | Budapest Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
450.00 Ft (174.51 kr) |
1,469.83 Ft (570.00 kr) |
+226.6 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (3,684.11 kr) |
23,981.36 Ft (9,300.00 kr) |
+152.4 % |
| Taxi Start (Normal Tariff) |
1,100.00 Ft (426.58 kr) |
1,882.41 Ft (730.00 kr) |
+71.1 % |
| Taxi 1 mile (Normal Tariff) |
708.11 Ft (274.61 kr) |
1,301.00 Ft (504.53 kr) |
+83.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
6,600.00 Ft (2,559.49 kr) |
24,832.31 Ft (9,630.00 kr) |
+276.2 % |
| Gasoline (1 gallon) |
2,383.93 Ft (924.49 kr) |
3,072.83 Ft (1,191.65 kr) |
+28.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
10,000,000.00 Ft (3,878,011.62 kr) |
14,930,331.73 Ft (5,790,000.00 kr) |
+49.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
10,033,846.15 Ft (3,891,137.20 kr) |
15,551,784.23 Ft (6,031,000.00 kr) |
+55.0 % |
Utilities (Monthly) | Budapest Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
57,215.26 Ft (22,188.14 kr) |
30,173.73 Ft (11,701.41 kr) |
-47.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
8,284.47 Ft (3,212.73 kr) |
8,392.62 Ft (3,254.67 kr) |
+1.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
6,313.11 Ft (2,448.23 kr) |
24,515.69 Ft (9,507.21 kr) |
+288.3 % |
Sports And Leisure | Budapest Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
18,402.14 Ft (7,136.37 kr) |
23,474.89 Ft (9,103.59 kr) |
+27.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
5,503.85 Ft (2,134.40 kr) |
10,351.40 Ft (4,014.29 kr) |
+88.1 % |
| Cinema, International Release, 1 Seat |
2,800.00 Ft (1,085.84 kr) |
5,157.28 Ft (2,000.00 kr) |
+84.2 % |
Childcare | Budapest Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
155,454.55 Ft (60,285.45 kr) |
86,142.94 Ft (33,406.33 kr) |
-44.6 % |
| International Primary School, Yearly for 1 Child |
3,752,113.78 Ft (1,455,074.08 kr) |
2,144,569.81 Ft (831,666.67 kr) |
-42.8 % |
Clothing And Shoes | Budapest Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
28,343.72 Ft (10,991.73 kr) |
37,602.03 Ft (14,582.11 kr) |
+32.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
12,076.67 Ft (4,683.35 kr) |
15,587.89 Ft (6,045.00 kr) |
+29.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
33,066.67 Ft (12,823.29 kr) |
50,700.99 Ft (19,661.90 kr) |
+53.3 % |
| 1 Pair of Men Leather Business Shoes |
35,451.95 Ft (13,748.31 kr) |
62,591.68 Ft (24,273.12 kr) |
+76.6 % |
Rent Per Month | Budapest Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
227,999.67 Ft (88,418.54 kr) |
674,159.92 Ft (261,440.00 kr) |
+195.7 % |
| Apartment (1 bedroom) Outside of Centre |
177,298.09 Ft (68,756.40 kr) |
604,856.91 Ft (234,564.21 kr) |
+241.2 % |
| Apartment (3 bedrooms) in City Centre |
401,674.24 Ft (155,769.74 kr) |
977,992.60 Ft (379,266.67 kr) |
+143.5 % |
| Apartment (3 bedrooms) Outside of Centre |
295,171.76 Ft (114,467.95 kr) |
872,917.75 Ft (338,518.52 kr) |
+195.7 % |
Buy Apartment Price | Budapest Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
129,637.58 Ft (50,273.61 kr) |
214,692.81 Ft (83,258.12 kr) |
+65.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
88,932.81 Ft (34,488.25 kr) |
169,545.28 Ft (65,749.86 kr) |
+90.6 % |
Salaries And Financing | Budapest Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
419,962.31 Ft (162,861.87 kr) |
1,323,823.87 Ft (513,380.43 kr) |
+215.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.91 | 8.14 | -8.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 663 | 168 |
Moving to Budapest? Explore:
Moving to Reykjavik? Explore:
Cities near Budapest: | Cost of Living in Budaörs (Budaors) | 6.22 miles |
| Cost of Living in Budakeszi | 6.63 miles |
| Cost of Living in Üröm | 8.34 miles |
| Cost of Living in Törökbálint | 10.23 miles |
| Cost of Living in Dunakeszi | 11.51 miles |
| Cost of Living in Halásztelek | 12.34 miles |
| Cost of Living in Szentendre | 12.89 miles |
| Cost of Living in Pomáz | 13.08 miles |
| Cost of Living in Érd | 18.53 miles |
| Cost of Living in Godollo | 20.02 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |