Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 95.1% higher than in Budapest (without rent) | |
| Cost of Living Including Rent in Reykjavik is 116.1% higher than in Budapest | |
| Rent Prices in Reykjavik are 191.4% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 124.3% higher than in Budapest | |
| Groceries Prices in Reykjavik are 125.8% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 48.3% higher than in Budapest | |
Restaurants | Budapest Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
4,000.00 Ft (1,523.99 kr) |
7,874.05 Ft (3,000.00 kr) |
+96.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 Ft (7,619.97 kr) |
47,244.30 Ft (18,000.00 kr) |
+136.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 Ft (1,142.99 kr) |
6,299.24 Ft (2,400.00 kr) |
+110.0 % |
| Domestic Beer (1 pint draught) |
1,000.00 Ft (381.00 kr) |
3,937.03 Ft (1,500.00 kr) |
+293.7 % |
| Imported Beer (12 oz small bottle) |
1,075.00 Ft (409.57 kr) |
3,674.56 Ft (1,400.00 kr) |
+241.8 % |
| Cappuccino (regular) |
853.13 Ft (325.04 kr) |
1,897.54 Ft (722.96 kr) |
+122.4 % |
| Coke/Pepsi (12 oz small bottle) |
584.30 Ft (222.62 kr) |
1,129.07 Ft (430.18 kr) |
+93.2 % |
| Water (12 oz small bottle) |
446.50 Ft (170.11 kr) |
783.07 Ft (298.35 kr) |
+75.4 % |
Markets | Budapest Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
1,455.73 Ft (554.63 kr) |
2,300.83 Ft (876.61 kr) |
+58.1 % |
| Loaf of Fresh White Bread (1 lb) |
499.41 Ft (190.28 kr) |
1,188.86 Ft (452.95 kr) |
+138.1 % |
| Rice (white), (1 lb) |
328.84 Ft (125.29 kr) |
499.52 Ft (190.32 kr) |
+51.9 % |
| Eggs (regular) (12) |
898.74 Ft (342.42 kr) |
2,131.20 Ft (811.98 kr) |
+137.1 % |
| Local Cheese (1 lb) |
1,535.05 Ft (584.85 kr) |
2,563.91 Ft (976.85 kr) |
+67.0 % |
| Chicken Fillets (1 lb) |
923.19 Ft (351.73 kr) |
3,355.53 Ft (1,278.45 kr) |
+263.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,970.28 Ft (750.67 kr) |
5,629.30 Ft (2,144.75 kr) |
+185.7 % |
| Apples (1 lb) |
268.02 Ft (102.12 kr) |
476.28 Ft (181.46 kr) |
+77.7 % |
| Banana (1 lb) |
301.43 Ft (114.85 kr) |
355.49 Ft (135.44 kr) |
+17.9 % |
| Oranges (1 lb) |
306.71 Ft (116.86 kr) |
444.74 Ft (169.45 kr) |
+45.0 % |
| Tomato (1 lb) |
477.08 Ft (181.77 kr) |
822.95 Ft (313.54 kr) |
+72.5 % |
| Potato (1 lb) |
203.74 Ft (77.63 kr) |
500.89 Ft (190.84 kr) |
+145.8 % |
| Onion (1 lb) |
218.76 Ft (83.35 kr) |
343.11 Ft (130.73 kr) |
+56.8 % |
| Lettuce (1 head) |
497.69 Ft (189.62 kr) |
1,040.31 Ft (396.36 kr) |
+109.0 % |
| Water (1.5 liter bottle) |
184.47 Ft (70.28 kr) |
690.29 Ft (263.00 kr) |
+274.2 % |
| Bottle of Wine (Mid-Range) |
2,000.00 Ft (762.00 kr) |
7,660.14 Ft (2,918.50 kr) |
+283.0 % |
| Domestic Beer (0.5 liter bottle) |
405.26 Ft (154.40 kr) |
1,144.49 Ft (436.05 kr) |
+182.4 % |
| Imported Beer (12 oz small bottle) |
542.13 Ft (206.55 kr) |
905.67 Ft (345.06 kr) |
+67.1 % |
| Cigarettes 20 Pack (Marlboro) |
2,200.00 Ft (838.20 kr) |
4,342.54 Ft (1,654.50 kr) |
+97.4 % |
Transportation | Budapest Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
450.00 Ft (171.45 kr) |
1,535.44 Ft (585.00 kr) |
+241.2 % |
| Monthly Pass (Regular Price) |
9,000.00 Ft (3,428.98 kr) |
27,296.71 Ft (10,400.00 kr) |
+203.3 % |
| Taxi Start (Normal Tariff) |
1,100.00 Ft (419.10 kr) |
1,916.02 Ft (730.00 kr) |
+74.2 % |
| Taxi 1 mile (Normal Tariff) |
708.11 Ft (269.79 kr) |
1,368.58 Ft (521.43 kr) |
+93.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
6,600.00 Ft (2,514.59 kr) |
26,929.25 Ft (10,260.00 kr) |
+308.0 % |
| Gasoline (1 gallon) |
2,353.78 Ft (896.79 kr) |
3,117.92 Ft (1,187.92 kr) |
+32.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
10,750,000.00 Ft (4,095,732.05 kr) |
15,196,916.99 Ft (5,790,000.00 kr) |
+41.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
10,069,400.00 Ft (3,836,424.59 kr) |
15,916,955.14 Ft (6,064,333.33 kr) |
+58.1 % |
Utilities (Monthly) | Budapest Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
55,941.56 Ft (21,313.64 kr) |
30,458.69 Ft (11,604.71 kr) |
-45.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
8,174.67 Ft (3,114.53 kr) |
8,601.24 Ft (3,277.06 kr) |
+5.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
6,539.78 Ft (2,491.64 kr) |
24,598.32 Ft (9,371.92 kr) |
+276.1 % |
Sports And Leisure | Budapest Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
18,344.69 Ft (6,989.30 kr) |
23,619.85 Ft (8,999.12 kr) |
+28.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
5,476.00 Ft (2,086.35 kr) |
10,717.46 Ft (4,083.33 kr) |
+95.7 % |
| Cinema, International Release, 1 Seat |
2,900.00 Ft (1,104.90 kr) |
5,367.48 Ft (2,045.00 kr) |
+85.1 % |
Childcare | Budapest Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
158,695.65 Ft (60,462.78 kr) |
88,352.68 Ft (33,662.22 kr) |
-44.3 % |
| International Primary School, Yearly for 1 Child |
3,914,286.63 Ft (1,491,336.67 kr) |
2,182,861.71 Ft (831,666.67 kr) |
-44.2 % |
Clothing And Shoes | Budapest Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
28,932.22 Ft (11,023.13 kr) |
36,701.09 Ft (13,983.05 kr) |
+26.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
13,082.92 Ft (4,984.57 kr) |
16,068.11 Ft (6,121.92 kr) |
+22.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
33,365.74 Ft (12,712.29 kr) |
50,692.18 Ft (19,313.64 kr) |
+51.9 % |
| 1 Pair of Men Leather Business Shoes |
35,514.72 Ft (13,531.05 kr) |
66,268.34 Ft (25,248.12 kr) |
+86.6 % |
Rent Per Month | Budapest Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
232,612.94 Ft (88,625.14 kr) |
699,704.40 Ft (266,586.21 kr) |
+200.8 % |
| Apartment (1 bedroom) Outside of Centre |
177,882.63 Ft (67,772.99 kr) |
623,297.00 Ft (237,475.12 kr) |
+250.4 % |
| Apartment (3 bedrooms) in City Centre |
393,865.90 Ft (150,062.25 kr) |
994,268.96 Ft (378,814.81 kr) |
+152.4 % |
| Apartment (3 bedrooms) Outside of Centre |
294,095.99 Ft (112,050.08 kr) |
883,783.40 Ft (336,720.00 kr) |
+200.5 % |
Buy Apartment Price | Budapest Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
132,128.47 Ft (50,340.73 kr) |
211,094.93 Ft (80,426.82 kr) |
+59.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
87,637.81 Ft (33,389.86 kr) |
166,738.01 Ft (63,526.90 kr) |
+90.3 % |
Salaries And Financing | Budapest Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
424,717.78 Ft (161,816.77 kr) |
1,360,923.34 Ft (518,509.52 kr) |
+220.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.45 | 8.07 | -4.5 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 661 | 187 |
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 |