Cost of Living Comparison Between Budapest and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 116.45% higher than in Budapest | |
| Consumer Prices Including Rent in Reykjavik are 129.41% higher than in Budapest | |
| Rent Prices in Reykjavik are 165.41% higher than in Budapest | |
| Restaurant Prices in Reykjavik are 197.95% higher than in Budapest | |
| Groceries Prices in Reykjavik are 142.11% higher than in Budapest | |
| Local Purchasing Power in Reykjavik is 54.44% higher than in Budapest | |
| Restaurants | Budapest[ Edit ] | Reykjavik[ Edit ] | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,000.00 Ft (875.41 kr) |
5,711.59 Ft (2,500.00 kr) |
+185.58 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
12,000.00 Ft (5,252.48 kr) |
36,554.18 Ft (16,000.00 kr) |
+204.62 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,600.00 Ft (700.33 kr) |
3,835.90 Ft (1,679.00 kr) |
+139.74 % |
| Domestic Beer (1 pint draught) |
550.00 Ft (240.74 kr) |
2,741.56 Ft (1,200.00 kr) |
+398.47 % |
| Imported Beer (12 oz small bottle) |
600.00 Ft (262.62 kr) |
2,381.78 Ft (1,042.52 kr) |
+296.96 % |
| Cappuccino (regular) |
468.36 Ft (205.00 kr) |
1,351.83 Ft (591.71 kr) |
+188.63 % |
| Coke/Pepsi (12 oz small bottle) |
347.35 Ft (152.04 kr) |
848.32 Ft (371.31 kr) |
+144.23 % |
| Water (12 oz small bottle) |
276.88 Ft (121.19 kr) |
599.34 Ft (262.33 kr) |
+116.46 % |
| Markets | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Milk (regular), (1 gallon) |
896.94 Ft (392.60 kr) |
1,500.22 Ft (656.66 kr) |
+67.26 % |
| Loaf of Fresh White Bread (1 lb) |
234.43 Ft (102.61 kr) |
911.28 Ft (398.87 kr) |
+288.72 % |
| Rice (white), (1 lb) |
172.46 Ft (75.49 kr) |
394.57 Ft (172.71 kr) |
+128.79 % |
| Eggs (regular) (12) |
538.49 Ft (235.70 kr) |
1,639.50 Ft (717.62 kr) |
+204.46 % |
| Local Cheese (1 lb) |
931.10 Ft (407.55 kr) |
1,761.91 Ft (771.20 kr) |
+89.23 % |
| Chicken Fillets (1 lb) |
654.44 Ft (286.45 kr) |
2,132.95 Ft (933.61 kr) |
+225.92 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,186.13 Ft (519.18 kr) |
3,382.59 Ft (1,480.58 kr) |
+185.18 % |
| Apples (1 lb) |
186.93 Ft (81.82 kr) |
302.90 Ft (132.58 kr) |
+62.04 % |
| Banana (1 lb) |
206.16 Ft (90.24 kr) |
237.31 Ft (103.87 kr) |
+15.11 % |
| Oranges (1 lb) |
212.24 Ft (92.90 kr) |
283.65 Ft (124.16 kr) |
+33.65 % |
| Tomato (1 lb) |
301.81 Ft (132.10 kr) |
541.08 Ft (236.83 kr) |
+79.28 % |
| Potato (1 lb) |
135.83 Ft (59.45 kr) |
311.02 Ft (136.14 kr) |
+128.98 % |
| Onion (1 lb) |
135.38 Ft (59.26 kr) |
249.23 Ft (109.09 kr) |
+84.10 % |
| Lettuce (1 head) |
356.11 Ft (155.87 kr) |
738.92 Ft (323.43 kr) |
+107.50 % |
| Water (1.5 liter bottle) |
118.69 Ft (51.95 kr) |
512.00 Ft (224.11 kr) |
+331.37 % |
| Bottle of Wine (Mid-Range) |
1,400.00 Ft (612.79 kr) |
5,825.82 Ft (2,550.00 kr) |
+316.13 % |
| Domestic Beer (0.5 liter bottle) |
265.09 Ft (116.03 kr) |
915.19 Ft (400.58 kr) |
+245.24 % |
| Imported Beer (12 oz small bottle) |
380.63 Ft (166.60 kr) |
851.66 Ft (372.78 kr) |
+123.75 % |
| Cigarettes 20 Pack (Marlboro) |
1,410.00 Ft (617.17 kr) |
3,312.72 Ft (1,450.00 kr) |
+134.94 % |
| Transportation | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| One-way Ticket (Local Transport) |
350.00 Ft (153.20 kr) |
1,073.78 Ft (470.00 kr) |
+206.79 % |
| Monthly Pass (Regular Price) |
9,500.00 Ft (4,158.21 kr) |
29,243.35 Ft (12,800.00 kr) |
+207.82 % |
| Taxi Start (Normal Tariff) |
700.00 Ft (306.39 kr) |
1,599.25 Ft (700.00 kr) |
+128.46 % |
| Taxi 1 mile (Normal Tariff) |
482.80 Ft (211.33 kr) |
1,288.71 Ft (564.08 kr) |
+166.92 % |
| Taxi 1hour Waiting (Normal Tariff) |
4,500.00 Ft (1,969.68 kr) |
18,094.32 Ft (7,920.00 kr) |
+302.10 % |
| Gasoline (1 gallon) |
1,491.28 Ft (652.74 kr) |
1,962.48 Ft (858.99 kr) |
+31.60 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
6,000,000.00 Ft (2,626,238.52 kr) |
8,555,963.16 Ft (3,745,000.00 kr) |
+42.60 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,281,098.52 Ft (2,749,277.15 kr) |
9,780,071.32 Ft (4,280,800.00 kr) |
+55.71 % |
| Utilities (Monthly) | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
52,355.58 Ft (22,916.37 kr) |
28,907.73 Ft (12,653.10 kr) |
-44.79 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
27.81 Ft (12.17 kr) |
48.60 Ft (21.27 kr) |
+74.75 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,667.10 Ft (2,042.82 kr) |
19,049.64 Ft (8,338.15 kr) |
+308.17 % |
| Sports And Leisure | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult |
13,680.85 Ft (5,988.20 kr) |
16,660.79 Ft (7,292.53 kr) |
+21.78 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,265.62 Ft (1,867.09 kr) |
10,894.11 Ft (4,768.42 kr) |
+155.39 % |
| Cinema, International Release, 1 Seat |
1,900.00 Ft (831.64 kr) |
3,655.42 Ft (1,600.00 kr) |
+92.39 % |
| Childcare | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
95,055.11 Ft (41,606.23 kr) |
80,377.66 Ft (35,181.82 kr) |
-15.44 % |
| International Primary School, Yearly for 1 Child |
2,517,138.25 Ft (1,101,767.57 kr) |
1,964,787.27 Ft (860,000.00 kr) |
-21.94 % |
| Clothing And Shoes | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
21,160.84 Ft (9,262.24 kr) |
34,650.62 Ft (15,166.80 kr) |
+63.75 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
9,250.44 Ft (4,048.98 kr) |
14,025.75 Ft (6,139.16 kr) |
+51.62 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
24,080.45 Ft (10,540.17 kr) |
40,108.11 Ft (17,555.58 kr) |
+66.56 % |
| 1 Pair of Men Leather Business Shoes |
27,697.63 Ft (12,123.43 kr) |
52,710.67 Ft (23,071.80 kr) |
+90.31 % |
| Rent Per Month | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Apartment (1 bedroom) in City Centre |
163,759.83 Ft (71,678.73 kr) |
456,287.57 Ft (199,720.00 kr) |
+178.63 % |
| Apartment (1 bedroom) Outside of Centre |
125,160.73 Ft (54,783.66 kr) |
364,794.92 Ft (159,673.08 kr) |
+191.46 % |
| Apartment (3 bedrooms) in City Centre |
311,035.28 Ft (136,142.14 kr) |
723,526.76 Ft (316,692.31 kr) |
+132.62 % |
| Apartment (3 bedrooms) Outside of Centre |
214,853.82 Ft (94,042.90 kr) |
607,896.04 Ft (266,080.00 kr) |
+182.93 % |
| Buy Apartment Price | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre |
94,578.93 Ft (41,397.81 kr) |
130,010.40 Ft (56,906.39 kr) |
+37.46 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
62,140.90 Ft (27,199.47 kr) |
97,898.68 Ft (42,850.88 kr) |
+57.54 % |
| Salaries And Financing | Budapest[ Edit ] | Reykjavik[ Edit ] | |
| Average Monthly Net Salary (After Tax) |
260,399.34 Ft (113,978.46 kr) |
922,601.45 Ft (403,828.58 kr) |
+254.30 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 | 6.12 | +22.29 % |
| Last update: | June 2020 | May 2020 | |
| Contributors: | 556 | 217 | |
| Data from past: | 12 months | 18 months | |
| Currency: HUF |