Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 124.06% higher than in Budapest (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 142.49% higher than in Budapest | |
| Rent Prices in Reykjavik are 197.80% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 202.78% higher than in Budapest | |
| Groceries Prices in Reykjavik are 150.71% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 32.48% higher than in Budapest | |
Restaurants | Budapest Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,000.00 Ft (841.06 kr) |
5,944.87 Ft (2,500.00 kr) |
+197.24 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
12,000.00 Ft (5,046.37 kr) |
35,669.24 Ft (15,000.00 kr) |
+197.24 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,600.00 Ft (672.85 kr) |
4,280.31 Ft (1,800.00 kr) |
+167.52 % |
| Domestic Beer (1 pint draught) |
500.00 Ft (210.27 kr) |
2,853.54 Ft (1,200.00 kr) |
+470.71 % |
| Imported Beer (12 oz small bottle) |
550.00 Ft (231.29 kr) |
2,615.74 Ft (1,100.00 kr) |
+375.59 % |
| Cappuccino (regular) |
501.88 Ft (211.06 kr) |
1,373.48 Ft (577.59 kr) |
+173.66 % |
| Coke/Pepsi (12 oz small bottle) |
334.38 Ft (140.62 kr) |
840.41 Ft (353.42 kr) |
+151.33 % |
| Water (12 oz small bottle) |
264.07 Ft (111.05 kr) |
675.01 Ft (283.86 kr) |
+155.62 % |
Markets | Budapest Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
961.53 Ft (404.35 kr) |
1,692.82 Ft (711.88 kr) |
+76.05 % |
| Loaf of Fresh White Bread (1 lb) |
232.98 Ft (97.97 kr) |
1,045.11 Ft (439.50 kr) |
+348.59 % |
| Rice (white), (1 lb) |
179.98 Ft (75.69 kr) |
388.78 Ft (163.49 kr) |
+116.01 % |
| Eggs (regular) (12) |
582.66 Ft (245.03 kr) |
1,752.99 Ft (737.18 kr) |
+200.86 % |
| Local Cheese (1 lb) |
986.87 Ft (415.01 kr) |
1,816.40 Ft (763.85 kr) |
+84.06 % |
| Chicken Fillets (1 lb) |
701.32 Ft (294.93 kr) |
2,137.73 Ft (898.98 kr) |
+204.81 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,222.10 Ft (513.93 kr) |
3,629.80 Ft (1,526.44 kr) |
+197.01 % |
| Apples (1 lb) |
223.63 Ft (94.05 kr) |
319.71 Ft (134.45 kr) |
+42.96 % |
| Banana (1 lb) |
203.53 Ft (85.59 kr) |
297.03 Ft (124.91 kr) |
+45.93 % |
| Oranges (1 lb) |
243.38 Ft (102.35 kr) |
288.83 Ft (121.46 kr) |
+18.67 % |
| Tomato (1 lb) |
274.65 Ft (115.50 kr) |
671.21 Ft (282.26 kr) |
+144.38 % |
| Potato (1 lb) |
126.33 Ft (53.12 kr) |
367.96 Ft (154.74 kr) |
+191.28 % |
| Onion (1 lb) |
130.50 Ft (54.88 kr) |
236.06 Ft (99.27 kr) |
+80.89 % |
| Lettuce (1 head) |
325.45 Ft (136.86 kr) |
738.86 Ft (310.71 kr) |
+127.03 % |
| Water (1.5 liter bottle) |
116.43 Ft (48.96 kr) |
627.10 Ft (263.71 kr) |
+438.60 % |
| Bottle of Wine (Mid-Range) |
1,500.00 Ft (630.80 kr) |
6,896.05 Ft (2,900.00 kr) |
+359.74 % |
| Domestic Beer (0.5 liter bottle) |
271.20 Ft (114.05 kr) |
1,113.10 Ft (468.09 kr) |
+310.44 % |
| Imported Beer (12 oz small bottle) |
386.82 Ft (162.67 kr) |
990.87 Ft (416.69 kr) |
+156.16 % |
| Cigarettes 20 Pack (Marlboro) |
1,600.00 Ft (672.85 kr) |
3,804.72 Ft (1,600.00 kr) |
+137.79 % |
Transportation | Budapest Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
350.00 Ft (147.19 kr) |
1,141.42 Ft (480.00 kr) |
+226.12 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (3,995.04 kr) |
31,151.14 Ft (13,100.00 kr) |
+227.91 % |
| Taxi Start (Normal Tariff) |
700.00 Ft (294.37 kr) |
1,640.78 Ft (690.00 kr) |
+134.40 % |
| Taxi 1 mile (Normal Tariff) |
482.80 Ft (203.03 kr) |
1,343.26 Ft (564.88 kr) |
+178.22 % |
| Taxi 1hour Waiting (Normal Tariff) |
4,500.00 Ft (1,892.39 kr) |
18,833.36 Ft (7,920.00 kr) |
+318.52 % |
| Gasoline (1 gallon) |
1,517.95 Ft (638.34 kr) |
2,035.99 Ft (856.20 kr) |
+34.13 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
7,018,749.30 Ft (2,951,597.60 kr) |
9,012,427.64 Ft (3,790,000.00 kr) |
+28.41 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,861,445.49 Ft (2,885,446.57 kr) |
10,636,864.22 Ft (4,473,125.00 kr) |
+55.02 % |
Utilities (Monthly) | Budapest Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
50,450.83 Ft (21,216.11 kr) |
33,804.71 Ft (14,215.91 kr) |
-32.99 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
27.43 Ft (11.54 kr) |
43.69 Ft (18.38 kr) |
+59.27 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,362.12 Ft (1,834.40 kr) |
20,590.88 Ft (8,659.09 kr) |
+372.04 % |
Sports And Leisure | Budapest Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
12,715.08 Ft (5,347.08 kr) |
18,009.17 Ft (7,573.41 kr) |
+41.64 % |
| Tennis Court Rent (1 Hour on Weekend) |
3,753.30 Ft (1,578.38 kr) |
10,789.94 Ft (4,537.50 kr) |
+187.48 % |
| Cinema, International Release, 1 Seat |
1,950.00 Ft (820.03 kr) |
4,018.73 Ft (1,690.00 kr) |
+106.09 % |
Childcare | Budapest Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
104,531.25 Ft (43,958.57 kr) |
84,288.19 Ft (35,445.75 kr) |
-19.37 % |
| International Primary School, Yearly for 1 Child |
2,678,270.20 Ft (1,126,294.10 kr) |
2,045,036.35 Ft (860,000.00 kr) |
-23.64 % |
Clothing And Shoes | Budapest Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
21,833.02 Ft (9,181.45 kr) |
35,202.57 Ft (14,803.75 kr) |
+61.24 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
9,766.36 Ft (4,107.05 kr) |
14,637.73 Ft (6,155.61 kr) |
+49.88 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
23,672.28 Ft (9,954.91 kr) |
41,593.80 Ft (17,491.46 kr) |
+75.71 % |
| 1 Pair of Men Leather Business Shoes |
27,769.11 Ft (11,677.75 kr) |
56,862.22 Ft (23,912.29 kr) |
+104.77 % |
Rent Per Month | Budapest Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
151,307.69 Ft (63,629.49 kr) |
477,876.34 Ft (200,961.54 kr) |
+215.83 % |
| Apartment (1 bedroom) Outside of Centre |
118,650.95 Ft (49,896.33 kr) |
411,860.81 Ft (173,200.00 kr) |
+247.12 % |
| Apartment (3 bedrooms) in City Centre |
290,269.52 Ft (122,067.16 kr) |
762,315.65 Ft (320,576.92 kr) |
+162.62 % |
| Apartment (3 bedrooms) Outside of Centre |
210,515.61 Ft (88,528.22 kr) |
643,235.27 Ft (270,500.00 kr) |
+205.55 % |
Buy Apartment Price | Budapest Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
96,700.84 Ft (40,665.65 kr) |
138,017.82 Ft (58,040.69 kr) |
+42.73 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,993.26 Ft (26,911.11 kr) |
104,545.66 Ft (43,964.63 kr) |
+63.37 % |
Salaries And Financing | Budapest Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
304,247.48 Ft (127,945.32 kr) |
977,413.19 Ft (411,031.98 kr) |
+221.26 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.68 | 5.36 | +14.61 % |
| Last update: | June 2021 | June 2021 | |
| Contributors in the past 12 months: | 562 | 98 |
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 |
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