Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 91.5% higher than in Budapest (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 113.8% higher than in Budapest | |
| Rent Prices in Reykjavik are 185.6% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 117.8% higher than in Budapest | |
| Groceries Prices in Reykjavik are 121.4% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 50.1% higher than in Budapest | |
Restaurants | Budapest Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
4,000.00 Ft (1,527.77 kr) |
7,710.60 Ft (2,945.00 kr) |
+92.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 Ft (7,638.83 kr) |
45,163.97 Ft (17,250.00 kr) |
+125.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 Ft (1,145.82 kr) |
6,152.77 Ft (2,350.00 kr) |
+105.1 % |
| Domestic Beer (1 pint draught) |
1,000.00 Ft (381.94 kr) |
3,927.30 Ft (1,500.00 kr) |
+292.7 % |
| Imported Beer (12 oz small bottle) |
1,000.00 Ft (381.94 kr) |
3,272.75 Ft (1,250.00 kr) |
+227.3 % |
| Cappuccino (regular) |
840.61 Ft (321.07 kr) |
1,862.27 Ft (711.28 kr) |
+121.5 % |
| Coke/Pepsi (12 oz small bottle) |
590.68 Ft (225.60 kr) |
1,055.70 Ft (403.22 kr) |
+78.7 % |
| Water (12 oz small bottle) |
448.47 Ft (171.29 kr) |
754.24 Ft (288.08 kr) |
+68.2 % |
Markets | Budapest Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
1,463.99 Ft (559.16 kr) |
2,243.18 Ft (856.77 kr) |
+53.2 % |
| Loaf of Fresh White Bread (1 lb) |
509.55 Ft (194.62 kr) |
1,216.35 Ft (464.58 kr) |
+138.7 % |
| Rice (white), (1 lb) |
336.50 Ft (128.52 kr) |
544.09 Ft (207.81 kr) |
+61.7 % |
| Eggs (regular) (12) |
875.89 Ft (334.54 kr) |
2,151.32 Ft (821.68 kr) |
+145.6 % |
| Local Cheese (1 lb) |
1,611.93 Ft (615.66 kr) |
2,527.54 Ft (965.37 kr) |
+56.8 % |
| Chicken Fillets (1 lb) |
917.72 Ft (350.52 kr) |
3,228.21 Ft (1,232.99 kr) |
+251.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,042.73 Ft (780.20 kr) |
5,189.57 Ft (1,982.11 kr) |
+154.1 % |
| Apples (1 lb) |
253.60 Ft (96.86 kr) |
555.62 Ft (212.21 kr) |
+119.1 % |
| Banana (1 lb) |
304.09 Ft (116.14 kr) |
351.56 Ft (134.27 kr) |
+15.6 % |
| Oranges (1 lb) |
319.18 Ft (121.91 kr) |
458.34 Ft (175.06 kr) |
+43.6 % |
| Tomato (1 lb) |
463.74 Ft (177.12 kr) |
810.59 Ft (309.60 kr) |
+74.8 % |
| Potato (1 lb) |
201.15 Ft (76.83 kr) |
514.95 Ft (196.68 kr) |
+156.0 % |
| Onion (1 lb) |
217.24 Ft (82.97 kr) |
367.71 Ft (140.44 kr) |
+69.3 % |
| Lettuce (1 head) |
506.70 Ft (193.53 kr) |
1,150.86 Ft (439.56 kr) |
+127.1 % |
| Water (1.5 liter bottle) |
176.59 Ft (67.45 kr) |
735.71 Ft (281.00 kr) |
+316.6 % |
| Bottle of Wine (Mid-Range) |
2,000.00 Ft (763.88 kr) |
7,198.74 Ft (2,749.50 kr) |
+259.9 % |
| Domestic Beer (0.5 liter bottle) |
395.13 Ft (150.92 kr) |
1,136.68 Ft (434.15 kr) |
+187.7 % |
| Imported Beer (12 oz small bottle) |
526.58 Ft (201.12 kr) |
931.79 Ft (355.89 kr) |
+77.0 % |
| Cigarettes 20 Pack (Marlboro) |
2,200.00 Ft (840.27 kr) |
4,320.03 Ft (1,650.00 kr) |
+96.4 % |
Transportation | Budapest Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
450.00 Ft (171.87 kr) |
1,492.37 Ft (570.00 kr) |
+231.6 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (3,628.45 kr) |
24,349.27 Ft (9,300.00 kr) |
+156.3 % |
| Taxi Start (Normal Tariff) |
1,100.00 Ft (420.14 kr) |
1,911.29 Ft (730.00 kr) |
+73.8 % |
| Taxi 1 mile (Normal Tariff) |
708.11 Ft (270.46 kr) |
1,365.20 Ft (521.43 kr) |
+92.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
6,600.00 Ft (2,520.81 kr) |
25,213.27 Ft (9,630.00 kr) |
+282.0 % |
| Gasoline (1 gallon) |
2,380.41 Ft (909.18 kr) |
3,126.35 Ft (1,194.08 kr) |
+31.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
10,500,000.00 Ft (4,010,387.43 kr) |
15,159,383.23 Ft (5,790,000.00 kr) |
+44.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
10,011,283.72 Ft (3,823,726.33 kr) |
15,937,464.93 Ft (6,087,181.82 kr) |
+59.2 % |
Utilities (Monthly) | Budapest Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
56,770.02 Ft (21,682.83 kr) |
30,679.55 Ft (11,717.80 kr) |
-46.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
8,352.55 Ft (3,190.19 kr) |
8,521.37 Ft (3,254.67 kr) |
+2.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
6,238.82 Ft (2,382.87 kr) |
24,924.44 Ft (9,519.68 kr) |
+299.5 % |
Sports And Leisure | Budapest Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
18,260.53 Ft (6,974.46 kr) |
23,835.03 Ft (9,103.59 kr) |
+30.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
5,561.54 Ft (2,124.18 kr) |
10,510.21 Ft (4,014.29 kr) |
+89.0 % |
| Cinema, International Release, 1 Seat |
2,550.00 Ft (973.95 kr) |
5,236.40 Ft (2,000.00 kr) |
+105.3 % |
Childcare | Budapest Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
150,454.55 Ft (57,464.86 kr) |
91,828.16 Ft (35,073.00 kr) |
-39.0 % |
| International Primary School, Yearly for 1 Child |
3,664,356.88 Ft (1,399,570.55 kr) |
2,177,470.42 Ft (831,666.67 kr) |
-40.6 % |
Clothing And Shoes | Budapest Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
28,319.75 Ft (10,816.49 kr) |
38,178.90 Ft (14,582.11 kr) |
+34.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
11,777.78 Ft (4,498.42 kr) |
15,912.12 Ft (6,077.50 kr) |
+35.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
33,273.17 Ft (12,708.41 kr) |
51,638.06 Ft (19,722.73 kr) |
+55.2 % |
| 1 Pair of Men Leather Business Shoes |
35,461.32 Ft (13,544.15 kr) |
66,268.30 Ft (25,310.62 kr) |
+86.9 % |
Rent Per Month | Budapest Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
230,673.93 Ft (88,103.98 kr) |
678,315.94 Ft (259,077.12 kr) |
+194.1 % |
| Apartment (1 bedroom) Outside of Centre |
178,831.92 Ft (68,303.36 kr) |
606,261.40 Ft (231,556.49 kr) |
+239.0 % |
| Apartment (3 bedrooms) in City Centre |
396,705.17 Ft (151,518.23 kr) |
984,353.26 Ft (375,965.52 kr) |
+148.1 % |
| Apartment (3 bedrooms) Outside of Centre |
296,817.48 Ft (113,366.96 kr) |
875,385.40 Ft (334,346.15 kr) |
+194.9 % |
Buy Apartment Price | Budapest Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
129,969.77 Ft (49,640.87 kr) |
215,322.47 Ft (82,240.62 kr) |
+65.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
88,415.77 Ft (33,769.66 kr) |
171,463.82 Ft (65,489.17 kr) |
+93.9 % |
Salaries And Financing | Budapest Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
418,910.72 Ft (159,999.46 kr) |
1,344,133.12 Ft (513,380.43 kr) |
+220.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.29 | 8.14 | -12.4 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 671 | 162 |
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 |