Cost of Living Comparison Between Budapest and Reykjavik 

Indices DifferenceInfo
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
Currency: Sticky Currency      Switch to metric measurement units
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 2020November 2020
Contributors in the past 12 months:784193