Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 121.99% higher than in Budapest (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 140.93% higher than in Budapest | |
| Rent Prices in Reykjavik are 197.36% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 204.32% higher than in Budapest | |
| Groceries Prices in Reykjavik are 146.75% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 29.19% higher than in Budapest | |
Restaurants | Budapest Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,000.00 Ft (848.23 kr) |
5,894.66 Ft (2,500.00 kr) |
+194.73 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
12,000.00 Ft (5,089.35 kr) |
36,523.30 Ft (15,490.00 kr) |
+204.36 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,600.00 Ft (678.58 kr) |
4,184.03 Ft (1,774.50 kr) |
+161.50 % |
| Domestic Beer (1 pint draught) |
500.00 Ft (212.06 kr) |
2,829.44 Ft (1,200.00 kr) |
+465.89 % |
| Imported Beer (12 oz small bottle) |
600.00 Ft (254.47 kr) |
2,829.44 Ft (1,200.00 kr) |
+371.57 % |
| Cappuccino (regular) |
501.50 Ft (212.69 kr) |
1,388.71 Ft (588.97 kr) |
+176.91 % |
| Coke/Pepsi (12 oz small bottle) |
344.40 Ft (146.07 kr) |
822.69 Ft (348.91 kr) |
+138.87 % |
| Water (12 oz small bottle) |
264.68 Ft (112.25 kr) |
641.58 Ft (272.10 kr) |
+142.40 % |
Markets | Budapest Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
961.39 Ft (407.74 kr) |
1,597.19 Ft (677.39 kr) |
+66.13 % |
| Loaf of Fresh White Bread (1 lb) |
232.43 Ft (98.58 kr) |
1,020.24 Ft (432.70 kr) |
+338.95 % |
| Rice (white), (1 lb) |
179.10 Ft (75.96 kr) |
378.29 Ft (160.44 kr) |
+111.21 % |
| Eggs (regular) (12) |
571.62 Ft (242.43 kr) |
1,654.39 Ft (701.65 kr) |
+189.42 % |
| Local Cheese (1 lb) |
973.25 Ft (412.77 kr) |
1,695.37 Ft (719.03 kr) |
+74.20 % |
| Chicken Fillets (1 lb) |
685.92 Ft (290.91 kr) |
2,068.79 Ft (877.40 kr) |
+201.61 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,206.88 Ft (511.85 kr) |
3,717.74 Ft (1,576.74 kr) |
+208.05 % |
| Apples (1 lb) |
224.14 Ft (95.06 kr) |
325.41 Ft (138.01 kr) |
+45.18 % |
| Banana (1 lb) |
202.50 Ft (85.88 kr) |
272.99 Ft (115.78 kr) |
+34.81 % |
| Oranges (1 lb) |
242.85 Ft (102.99 kr) |
295.23 Ft (125.21 kr) |
+21.57 % |
| Tomato (1 lb) |
261.81 Ft (111.04 kr) |
635.82 Ft (269.66 kr) |
+142.86 % |
| Potato (1 lb) |
125.65 Ft (53.29 kr) |
352.00 Ft (149.29 kr) |
+180.15 % |
| Onion (1 lb) |
133.33 Ft (56.55 kr) |
242.11 Ft (102.68 kr) |
+81.59 % |
| Lettuce (1 head) |
335.97 Ft (142.49 kr) |
758.35 Ft (321.62 kr) |
+125.72 % |
| Water (1.5 liter bottle) |
116.79 Ft (49.53 kr) |
621.80 Ft (263.71 kr) |
+432.42 % |
| Bottle of Wine (Mid-Range) |
1,500.00 Ft (636.17 kr) |
6,012.55 Ft (2,550.00 kr) |
+300.84 % |
| Domestic Beer (0.5 liter bottle) |
269.82 Ft (114.43 kr) |
1,031.93 Ft (437.66 kr) |
+282.46 % |
| Imported Beer (12 oz small bottle) |
377.71 Ft (160.19 kr) |
946.09 Ft (401.25 kr) |
+150.48 % |
| Cigarettes 20 Pack (Marlboro) |
1,500.00 Ft (636.17 kr) |
3,487.28 Ft (1,479.00 kr) |
+132.49 % |
Transportation | Budapest Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
350.00 Ft (148.44 kr) |
1,131.77 Ft (480.00 kr) |
+223.36 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (4,029.07 kr) |
30,416.43 Ft (12,900.00 kr) |
+220.17 % |
| Taxi Start (Normal Tariff) |
700.00 Ft (296.88 kr) |
1,626.93 Ft (690.00 kr) |
+132.42 % |
| Taxi 1 mile (Normal Tariff) |
482.80 Ft (204.76 kr) |
1,330.01 Ft (564.08 kr) |
+175.48 % |
| Taxi 1hour Waiting (Normal Tariff) |
4,500.00 Ft (1,908.51 kr) |
18,674.27 Ft (7,920.00 kr) |
+314.98 % |
| Gasoline (1 gallon) |
1,439.98 Ft (610.71 kr) |
2,021.36 Ft (857.29 kr) |
+40.37 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
6,789,485.00 Ft (2,879,507.92 kr) |
8,936,300.52 Ft (3,790,000.00 kr) |
+31.62 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,724,435.07 Ft (2,851,919.41 kr) |
10,124,877.79 Ft (4,294,090.91 kr) |
+50.57 % |
Utilities (Monthly) | Budapest Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
49,076.21 Ft (20,813.85 kr) |
30,511.32 Ft (12,940.24 kr) |
-37.83 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
27.55 Ft (11.68 kr) |
46.15 Ft (19.57 kr) |
+67.53 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,539.03 Ft (1,925.06 kr) |
19,988.25 Ft (8,477.27 kr) |
+340.36 % |
Sports And Leisure | Budapest Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
12,996.84 Ft (5,512.13 kr) |
16,960.12 Ft (7,193.01 kr) |
+30.49 % |
| Tennis Court Rent (1 Hour on Weekend) |
3,943.55 Ft (1,672.51 kr) |
10,426.99 Ft (4,422.22 kr) |
+164.41 % |
| Cinema, International Release, 1 Seat |
1,925.00 Ft (816.42 kr) |
3,890.47 Ft (1,650.00 kr) |
+102.10 % |
Childcare | Budapest Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
106,666.67 Ft (45,238.71 kr) |
85,892.23 Ft (36,428.00 kr) |
-19.48 % |
| International Primary School, Yearly for 1 Child |
2,433,178.37 Ft (1,031,942.24 kr) |
2,027,762.12 Ft (860,000.00 kr) |
-16.66 % |
Clothing And Shoes | Budapest Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
21,895.10 Ft (9,285.99 kr) |
33,870.19 Ft (14,364.78 kr) |
+54.69 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
9,197.52 Ft (3,900.79 kr) |
14,209.23 Ft (6,026.32 kr) |
+54.49 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
23,308.69 Ft (9,885.52 kr) |
41,969.49 Ft (17,799.80 kr) |
+80.06 % |
| 1 Pair of Men Leather Business Shoes |
27,465.79 Ft (11,648.59 kr) |
54,862.65 Ft (23,267.95 kr) |
+99.75 % |
Rent Per Month | Budapest Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
154,615.76 Ft (65,574.53 kr) |
474,940.96 Ft (201,428.57 kr) |
+207.17 % |
| Apartment (1 bedroom) Outside of Centre |
118,300.36 Ft (50,172.70 kr) |
406,495.57 Ft (172,400.00 kr) |
+243.61 % |
| Apartment (3 bedrooms) in City Centre |
290,113.65 Ft (123,040.93 kr) |
753,972.02 Ft (319,769.23 kr) |
+159.89 % |
| Apartment (3 bedrooms) Outside of Centre |
204,544.54 Ft (86,749.97 kr) |
647,079.60 Ft (274,434.78 kr) |
+216.35 % |
Buy Apartment Price | Budapest Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
95,722.64 Ft (40,597.20 kr) |
132,077.68 Ft (56,015.84 kr) |
+37.98 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,586.93 Ft (26,968.03 kr) |
101,437.07 Ft (43,020.77 kr) |
+59.53 % |
Salaries And Financing | Budapest Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
298,023.16 Ft (126,395.46 kr) |
927,615.59 Ft (393,413.70 kr) |
+211.26 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.84 | 5.93 | +22.46 % |
| Last update: | February 2021 | February 2021 | |
| Contributors in the past 12 months: | 612 | 75 |
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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