Cost of Living Comparison Between Hungary and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 98.7% higher than in Hungary (without rent) | |
| Cost of Living Including Rent in Iceland is 126.7% higher than in Hungary | |
| Rent Prices in Iceland are 249.4% higher than in Hungary | |
| Restaurant Prices in Iceland are 128.2% higher than in Hungary | |
| Groceries Prices in Iceland are 122.5% higher than in Hungary | |
| Local Purchasing Power in Iceland is 85.7% higher than in Hungary | |
Restaurants | Hungary Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
4,000.00 Ft (1,523.99 kr) |
7,874.05 Ft (3,000.00 kr) |
+96.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
18,000.00 Ft (6,857.97 kr) |
43,363.97 Ft (16,521.60 kr) |
+140.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 Ft (1,142.99 kr) |
6,036.77 Ft (2,300.00 kr) |
+101.2 % |
| Domestic Beer (1 pint draught) |
800.00 Ft (304.80 kr) |
3,674.56 Ft (1,400.00 kr) |
+359.3 % |
| Imported Beer (12 oz small bottle) |
900.00 Ft (342.90 kr) |
3,149.62 Ft (1,200.00 kr) |
+250.0 % |
| Cappuccino (regular) |
741.75 Ft (282.61 kr) |
1,843.17 Ft (702.24 kr) |
+148.5 % |
| Coke/Pepsi (12 oz small bottle) |
503.96 Ft (192.01 kr) |
1,074.43 Ft (409.36 kr) |
+113.2 % |
| Water (12 oz small bottle) |
382.10 Ft (145.58 kr) |
788.93 Ft (300.58 kr) |
+106.5 % |
Markets | Hungary Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
1,483.10 Ft (565.06 kr) |
2,262.56 Ft (862.03 kr) |
+52.6 % |
| Loaf of Fresh White Bread (1 lb) |
479.36 Ft (182.64 kr) |
1,131.26 Ft (431.01 kr) |
+136.0 % |
| Rice (white), (1 lb) |
304.45 Ft (115.99 kr) |
479.79 Ft (182.80 kr) |
+57.6 % |
| Eggs (regular) (12) |
975.39 Ft (371.62 kr) |
2,083.60 Ft (793.85 kr) |
+113.6 % |
| Local Cheese (1 lb) |
1,649.80 Ft (628.57 kr) |
2,454.95 Ft (935.33 kr) |
+48.8 % |
| Chicken Fillets (1 lb) |
879.90 Ft (335.24 kr) |
3,177.43 Ft (1,210.60 kr) |
+261.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,920.32 Ft (731.64 kr) |
5,382.25 Ft (2,050.63 kr) |
+180.3 % |
| Apples (1 lb) |
251.62 Ft (95.87 kr) |
464.02 Ft (176.79 kr) |
+84.4 % |
| Banana (1 lb) |
291.61 Ft (111.10 kr) |
364.55 Ft (138.89 kr) |
+25.0 % |
| Oranges (1 lb) |
299.23 Ft (114.01 kr) |
438.36 Ft (167.02 kr) |
+46.5 % |
| Tomato (1 lb) |
478.97 Ft (182.49 kr) |
774.01 Ft (294.90 kr) |
+61.6 % |
| Potato (1 lb) |
192.26 Ft (73.25 kr) |
503.07 Ft (191.67 kr) |
+161.7 % |
| Onion (1 lb) |
211.99 Ft (80.77 kr) |
297.66 Ft (113.41 kr) |
+40.4 % |
| Lettuce (1 head) |
454.01 Ft (172.98 kr) |
1,079.74 Ft (411.38 kr) |
+137.8 % |
| Water (1.5 liter bottle) |
175.25 Ft (66.77 kr) |
734.53 Ft (279.85 kr) |
+319.1 % |
| Bottle of Wine (Mid-Range) |
1,800.00 Ft (685.80 kr) |
7,660.14 Ft (2,918.50 kr) |
+325.6 % |
| Domestic Beer (0.5 liter bottle) |
365.75 Ft (139.35 kr) |
1,158.17 Ft (441.26 kr) |
+216.7 % |
| Imported Beer (12 oz small bottle) |
487.60 Ft (185.78 kr) |
949.34 Ft (361.70 kr) |
+94.7 % |
| Cigarettes 20 Pack (Marlboro) |
2,199.50 Ft (838.01 kr) |
4,330.73 Ft (1,650.00 kr) |
+96.9 % |
Transportation | Hungary Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
450.00 Ft (171.45 kr) |
1,496.07 Ft (570.00 kr) |
+232.5 % |
| Monthly Pass (Regular Price) |
8,950.00 Ft (3,409.94 kr) |
24,409.56 Ft (9,300.00 kr) |
+172.7 % |
| Taxi Start (Normal Tariff) |
1,100.00 Ft (419.10 kr) |
1,916.02 Ft (730.00 kr) |
+74.2 % |
| Taxi 1 mile (Normal Tariff) |
708.11 Ft (269.79 kr) |
1,368.58 Ft (521.43 kr) |
+93.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
6,600.00 Ft (2,514.59 kr) |
25,984.37 Ft (9,900.00 kr) |
+293.7 % |
| Gasoline (1 gallon) |
2,317.71 Ft (883.04 kr) |
3,093.20 Ft (1,178.50 kr) |
+33.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
10,000,000.00 Ft (3,809,983.30 kr) |
15,196,916.99 Ft (5,790,000.00 kr) |
+52.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
10,032,561.13 Ft (3,822,389.04 kr) |
15,566,341.18 Ft (5,930,750.00 kr) |
+55.2 % |
Utilities (Monthly) | Hungary Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
53,515.35 Ft (20,389.26 kr) |
36,210.29 Ft (13,796.06 kr) |
-32.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
9,153.72 Ft (3,487.55 kr) |
8,746.45 Ft (3,332.38 kr) |
-4.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
6,211.03 Ft (2,366.39 kr) |
25,561.61 Ft (9,738.93 kr) |
+311.6 % |
Sports And Leisure | Hungary Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
15,739.45 Ft (5,996.70 kr) |
23,428.71 Ft (8,926.30 kr) |
+48.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
5,432.00 Ft (2,069.58 kr) |
10,858.90 Ft (4,137.22 kr) |
+99.9 % |
| Cinema, International Release, 1 Seat |
2,500.00 Ft (952.50 kr) |
5,249.37 Ft (2,000.00 kr) |
+110.0 % |
Childcare | Hungary Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
129,991.23 Ft (49,526.44 kr) |
95,786.95 Ft (36,494.67 kr) |
-26.3 % |
| International Primary School, Yearly for 1 Child |
3,462,689.77 Ft (1,319,279.02 kr) |
2,037,410.50 Ft (776,250.00 kr) |
-41.2 % |
Clothing And Shoes | Hungary Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
26,739.41 Ft (10,187.67 kr) |
41,174.28 Ft (15,687.33 kr) |
+54.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
11,227.08 Ft (4,277.50 kr) |
18,411.46 Ft (7,014.74 kr) |
+64.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
29,935.60 Ft (11,405.41 kr) |
54,050.98 Ft (20,593.33 kr) |
+80.6 % |
| 1 Pair of Men Leather Business Shoes |
32,112.43 Ft (12,234.78 kr) |
64,050.63 Ft (24,403.18 kr) |
+99.5 % |
Rent Per Month | Hungary Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
181,191.17 Ft (69,033.53 kr) |
656,305.79 Ft (250,051.41 kr) |
+262.2 % |
| Apartment (1 bedroom) Outside of Centre |
141,067.69 Ft (53,746.56 kr) |
582,503.90 Ft (221,933.01 kr) |
+312.9 % |
| Apartment (3 bedrooms) in City Centre |
294,102.20 Ft (112,052.45 kr) |
920,227.82 Ft (350,605.26 kr) |
+212.9 % |
| Apartment (3 bedrooms) Outside of Centre |
239,161.99 Ft (91,120.32 kr) |
829,774.91 Ft (316,142.86 kr) |
+247.0 % |
Buy Apartment Price | Hungary Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
102,207.65 Ft (38,940.94 kr) |
196,290.42 Ft (74,786.32 kr) |
+92.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
73,892.31 Ft (28,152.85 kr) |
157,127.32 Ft (59,865.25 kr) |
+112.6 % |
Salaries And Financing | Hungary Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
360,133.08 Ft (137,210.10 kr) |
1,516,010.19 Ft (577,597.35 kr) |
+321.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.56 | 7.44 | -13.1 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 813 | 228 |
Moving to Hungary? Explore:
Moving to Iceland? Explore: