Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 114.81% higher than in Budapest (without rent) | |
| Rent Prices in Reykjavik are 169.32% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 207.90% higher than in Budapest | |
| Groceries Prices in Reykjavik are 135.04% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 41.49% higher than in Budapest | |
Restaurants | Budapest[ Edit ] | Reykjavik[ Edit ] | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,000.00 Ft (894.65 kr) |
5,588.76 Ft (2,500.00 kr) |
+179.44 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
11,000.00 Ft (4,920.59 kr) |
36,885.82 Ft (16,500.00 kr) |
+235.33 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,600.00 Ft (715.72 kr) |
4,023.91 Ft (1,800.00 kr) |
+151.49 % |
| Domestic Beer (1 pint draught) |
500.00 Ft (223.66 kr) |
2,682.60 Ft (1,200.00 kr) |
+436.52 % |
| Imported Beer (12 oz small bottle) |
550.00 Ft (246.03 kr) |
2,444.75 Ft (1,093.60 kr) |
+344.50 % |
| Cappuccino (regular) |
489.86 Ft (219.13 kr) |
1,315.25 Ft (588.34 kr) |
+168.49 % |
| Coke/Pepsi (12 oz small bottle) |
332.98 Ft (148.95 kr) |
824.13 Ft (368.66 kr) |
+147.50 % |
| Water (12 oz small bottle) |
267.71 Ft (119.76 kr) |
589.87 Ft (263.86 kr) |
+120.33 % |
Markets | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Milk (regular), (1 gallon) |
942.61 Ft (421.66 kr) |
1,520.99 Ft (680.38 kr) |
+61.36 % |
| Loaf of Fresh White Bread (1 lb) |
229.65 Ft (102.73 kr) |
927.75 Ft (415.01 kr) |
+303.99 % |
| Rice (white), (1 lb) |
174.67 Ft (78.13 kr) |
378.11 Ft (169.14 kr) |
+116.47 % |
| Eggs (regular) (12) |
567.38 Ft (253.80 kr) |
1,606.71 Ft (718.72 kr) |
+183.18 % |
| Local Cheese (1 lb) |
949.01 Ft (424.52 kr) |
1,607.39 Ft (719.03 kr) |
+69.38 % |
| Chicken Fillets (1 lb) |
694.95 Ft (310.87 kr) |
1,958.75 Ft (876.20 kr) |
+181.85 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,221.35 Ft (546.34 kr) |
3,682.54 Ft (1,647.30 kr) |
+201.51 % |
| Apples (1 lb) |
220.05 Ft (98.43 kr) |
301.19 Ft (134.73 kr) |
+36.87 % |
| Banana (1 lb) |
202.66 Ft (90.65 kr) |
255.02 Ft (114.08 kr) |
+25.84 % |
| Oranges (1 lb) |
240.97 Ft (107.79 kr) |
284.71 Ft (127.36 kr) |
+18.15 % |
| Tomato (1 lb) |
246.10 Ft (110.09 kr) |
564.80 Ft (252.65 kr) |
+129.50 % |
| Potato (1 lb) |
126.76 Ft (56.70 kr) |
314.75 Ft (140.80 kr) |
+148.30 % |
| Onion (1 lb) |
132.82 Ft (59.42 kr) |
229.55 Ft (102.68 kr) |
+72.82 % |
| Lettuce (1 head) |
339.98 Ft (152.08 kr) |
732.97 Ft (327.88 kr) |
+115.59 % |
| Water (1.5 liter bottle) |
114.19 Ft (51.08 kr) |
522.34 Ft (233.66 kr) |
+357.42 % |
| Bottle of Wine (Mid-Range) |
1,500.00 Ft (670.99 kr) |
5,700.54 Ft (2,550.00 kr) |
+280.04 % |
| Domestic Beer (0.5 liter bottle) |
267.85 Ft (119.82 kr) |
921.63 Ft (412.27 kr) |
+244.09 % |
| Imported Beer (12 oz small bottle) |
380.19 Ft (170.07 kr) |
865.14 Ft (387.00 kr) |
+127.56 % |
| Cigarettes 20 Pack (Marlboro) |
1,500.00 Ft (670.99 kr) |
3,273.90 Ft (1,464.50 kr) |
+118.26 % |
Transportation | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| One-way Ticket (Local Transport) |
350.00 Ft (156.56 kr) |
1,073.04 Ft (480.00 kr) |
+206.58 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (4,249.60 kr) |
28,614.45 Ft (12,800.00 kr) |
+201.20 % |
| Taxi Start (Normal Tariff) |
700.00 Ft (313.13 kr) |
1,542.50 Ft (690.00 kr) |
+120.36 % |
| Taxi 1 mile (Normal Tariff) |
482.80 Ft (215.97 kr) |
1,260.99 Ft (564.08 kr) |
+161.18 % |
| Taxi 1hour Waiting (Normal Tariff) |
4,500.00 Ft (2,012.97 kr) |
17,705.19 Ft (7,920.00 kr) |
+293.45 % |
| Gasoline (1 gallon) |
1,438.10 Ft (643.30 kr) |
1,908.17 Ft (853.57 kr) |
+32.69 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
6,500,000.00 Ft (2,907,621.67 kr) |
8,472,560.34 Ft (3,790,000.00 kr) |
+30.35 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,491,931.88 Ft (2,904,012.58 kr) |
9,591,284.32 Ft (4,290,434.78 kr) |
+47.74 % |
Utilities (Monthly) | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
49,655.92 Ft (22,212.40 kr) |
28,915.82 Ft (12,934.81 kr) |
-41.77 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
28.14 Ft (12.59 kr) |
52.25 Ft (23.38 kr) |
+85.68 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,601.67 Ft (2,058.45 kr) |
19,167.73 Ft (8,574.23 kr) |
+316.54 % |
Sports And Leisure | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult |
13,145.88 Ft (5,880.50 kr) |
15,996.98 Ft (7,155.87 kr) |
+21.69 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,420.00 Ft (1,977.18 kr) |
11,810.91 Ft (5,283.33 kr) |
+167.22 % |
| Cinema, International Release, 1 Seat |
1,900.00 Ft (849.92 kr) |
3,576.81 Ft (1,600.00 kr) |
+88.25 % |
Childcare | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
103,700.78 Ft (46,388.10 kr) |
77,391.02 Ft (34,619.05 kr) |
-25.37 % |
| International Primary School, Yearly for 1 Child |
2,665,303.03 Ft (1,192,260.44 kr) |
1,922,533.48 Ft (860,000.00 kr) |
-27.87 % |
Clothing And Shoes | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
20,828.01 Ft (9,316.92 kr) |
32,635.88 Ft (14,598.89 kr) |
+56.69 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
9,088.22 Ft (4,065.40 kr) |
14,118.98 Ft (6,315.79 kr) |
+55.35 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
23,770.00 Ft (10,632.95 kr) |
39,156.85 Ft (17,515.89 kr) |
+64.73 % |
| 1 Pair of Men Leather Business Shoes |
27,218.85 Ft (12,175.71 kr) |
51,477.88 Ft (23,027.41 kr) |
+89.13 % |
Rent Per Month | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Apartment (1 bedroom) in City Centre |
159,754.83 Ft (71,462.55 kr) |
447,324.36 Ft (200,100.00 kr) |
+180.01 % |
| Apartment (1 bedroom) Outside of Centre |
121,702.74 Ft (54,440.85 kr) |
365,877.50 Ft (163,666.67 kr) |
+200.63 % |
| Apartment (3 bedrooms) in City Centre |
293,166.97 Ft (131,141.33 kr) |
713,742.48 Ft (319,275.86 kr) |
+143.46 % |
| Apartment (3 bedrooms) Outside of Centre |
212,455.53 Ft (95,036.97 kr) |
592,855.67 Ft (265,200.00 kr) |
+179.05 % |
Buy Apartment Price | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre |
96,130.14 Ft (43,001.55 kr) |
123,352.94 Ft (55,179.03 kr) |
+28.32 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,393.93 Ft (28,357.78 kr) |
96,530.94 Ft (43,180.84 kr) |
+52.27 % |
Salaries And Financing | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Average Monthly Net Salary (After Tax) |
283,069.27 Ft (126,624.36 kr) |
916,649.20 Ft (410,041.40 kr) |
+223.83 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.95 | 6.02 | +21.51 % |
| Last update: | November 2020 | November 2020 | |
| Contributors in the past 12 months: | 784 | 193 |
Cities near Budapest:
| Cost of Living in Budaörs (Budaors) | 6.22 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 | 13.11 miles |
| Cost of Living in Érd | 18.53 miles |
| Cost of Living in Godollo | 20.02 miles |
| Cost of Living in Vac | 25.68 miles |
| Cost of Living in Esztergom | 29.82 miles |
| Cost of Living in Dabas | 33.77 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 |
Would you like to live and work in Reykjavik?