Cost of Living Comparison Between Iceland and Hungary 
| Indices Difference |  |
|---|---|
| Cost of Living in Hungary is 54.8% lower than in Iceland (excluding rent) | |
| Cost of Living Including Rent in Hungary is 59.9% lower than in Iceland | |
| Rent Prices in Hungary are 72.3% lower than in Iceland | |
| Restaurant Prices in Hungary are 61.0% lower than in Iceland | |
| Groceries Prices in Hungary are 60.2% lower than in Iceland | |
| Local Purchasing Power in Hungary is 35.9% lower than in Iceland | |
Restaurants | Iceland Edit |
Hungary Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,175.00 kr (8,849.59 Ft) |
1,435.09 kr (4,000.00 Ft) |
-54.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
18,000.00 kr (50,170.93 Ft) |
6,457.92 kr (18,000.00 Ft) |
-64.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,500.00 kr (6,968.18 Ft) |
1,076.32 kr (3,000.00 Ft) |
-56.9 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (4,180.91 Ft) |
287.02 kr (800.00 Ft) |
-80.9 % |
| Imported Beer (12 oz small bottle) |
1,300.00 kr (3,623.46 Ft) |
358.77 kr (1,000.00 Ft) |
-72.4 % |
| Cappuccino (regular) |
750.13 kr (2,090.82 Ft) |
293.47 kr (817.98 Ft) |
-60.9 % |
| Coke/Pepsi (12 oz small bottle) |
402.88 kr (1,122.95 Ft) |
191.70 kr (534.31 Ft) |
-52.4 % |
| Water (12 oz small bottle) |
327.62 kr (913.18 Ft) |
142.60 kr (397.48 Ft) |
-56.5 % |
Markets | Iceland Edit |
Hungary Edit | |
| Milk (regular), (1 gallon) |
891.09 kr (2,483.70 Ft) |
532.81 kr (1,485.09 Ft) |
-40.2 % |
| Loaf of Fresh White Bread (1 lb) |
464.12 kr (1,293.62 Ft) |
170.96 kr (476.51 Ft) |
-63.2 % |
| Rice (white), (1 lb) |
196.62 kr (548.04 Ft) |
111.78 kr (311.56 Ft) |
-43.2 % |
| Eggs (regular) (12) |
803.95 kr (2,240.84 Ft) |
353.90 kr (986.41 Ft) |
-56.0 % |
| Local Cheese (1 lb) |
1,050.28 kr (2,927.43 Ft) |
543.14 kr (1,513.88 Ft) |
-48.3 % |
| Chicken Fillets (1 lb) |
1,360.57 kr (3,792.28 Ft) |
334.51 kr (932.36 Ft) |
-75.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,415.14 kr (6,731.66 Ft) |
703.04 kr (1,959.57 Ft) |
-70.9 % |
| Apples (1 lb) |
174.26 kr (485.70 Ft) |
95.19 kr (265.31 Ft) |
-45.4 % |
| Banana (1 lb) |
139.01 kr (387.45 Ft) |
106.33 kr (296.37 Ft) |
-23.5 % |
| Oranges (1 lb) |
163.94 kr (456.95 Ft) |
112.99 kr (314.93 Ft) |
-31.1 % |
| Tomato (1 lb) |
276.66 kr (771.14 Ft) |
182.34 kr (508.22 Ft) |
-34.1 % |
| Potato (1 lb) |
202.90 kr (565.54 Ft) |
64.02 kr (178.43 Ft) |
-68.4 % |
| Onion (1 lb) |
126.10 kr (351.48 Ft) |
71.30 kr (198.72 Ft) |
-43.5 % |
| Lettuce (1 head) |
394.21 kr (1,098.78 Ft) |
175.41 kr (488.93 Ft) |
-55.5 % |
| Water (1.5 liter bottle) |
278.99 kr (777.62 Ft) |
66.99 kr (186.71 Ft) |
-76.0 % |
| Bottle of Wine (Mid-Range) |
2,950.00 kr (8,222.46 Ft) |
717.55 kr (2,000.00 Ft) |
-75.7 % |
| Domestic Beer (0.5 liter bottle) |
458.18 kr (1,277.06 Ft) |
139.63 kr (389.20 Ft) |
-69.5 % |
| Imported Beer (12 oz small bottle) |
389.57 kr (1,085.84 Ft) |
185.88 kr (518.10 Ft) |
-52.3 % |
| Cigarettes 20 Pack (Marlboro) |
1,769.50 kr (4,932.08 Ft) |
825.18 kr (2,300.00 Ft) |
-53.4 % |
Transportation | Iceland Edit |
Hungary Edit | |
| One-way Ticket (Local Transport) |
640.00 kr (1,783.86 Ft) |
161.45 kr (450.00 Ft) |
-74.8 % |
| Monthly Pass (Regular Price) |
10,450.00 kr (29,127.01 Ft) |
3,228.96 kr (9,000.00 Ft) |
-69.1 % |
| Taxi Start (Normal Tariff) |
790.00 kr (2,201.95 Ft) |
394.65 kr (1,100.00 Ft) |
-50.0 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (1,453.36 Ft) |
254.05 kr (708.11 Ft) |
-51.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
10,710.00 kr (29,851.70 Ft) |
2,367.91 kr (6,600.00 Ft) |
-77.9 % |
| Gasoline (1 gallon) |
1,179.65 kr (3,288.00 Ft) |
826.05 kr (2,302.43 Ft) |
-30.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,890,000.00 kr (16,417,043.33 Ft) |
3,551,857.59 kr (9,900,000.00 Ft) |
-39.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,666,666.67 kr (18,581,826.06 Ft) |
3,778,022.88 kr (10,530,384.62 Ft) |
-43.3 % |
Utilities (Monthly) | Iceland Edit |
Hungary Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,183.22 kr (31,170.71 Ft) |
18,296.68 kr (50,997.85 Ft) |
+63.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,430.36 kr (9,561.34 Ft) |
3,333.09 kr (9,290.23 Ft) |
-2.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
10,783.47 kr (30,056.49 Ft) |
2,540.75 kr (7,081.76 Ft) |
-76.4 % |
Sports And Leisure | Iceland Edit |
Hungary Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,953.18 kr (27,742.24 Ft) |
6,548.82 kr (18,253.36 Ft) |
-34.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,666.67 kr (13,007.28 Ft) |
2,218.42 kr (6,183.33 Ft) |
-52.5 % |
| Cinema, International Release, 1 Seat |
2,190.00 kr (6,104.13 Ft) |
1,076.32 kr (3,000.00 Ft) |
-50.9 % |
Childcare | Iceland Edit |
Hungary Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
43,630.30 kr (121,609.60 Ft) |
47,626.37 kr (132,747.75 Ft) |
+9.2 % |
| International Primary School, Yearly for 1 Child |
3,744,295.00 kr (10,436,375.76 Ft) |
1,339,427.80 kr (3,733,352.17 Ft) |
-64.2 % |
Clothing And Shoes | Iceland Edit |
Hungary Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
17,222.35 kr (48,003.42 Ft) |
9,904.46 kr (27,606.44 Ft) |
-42.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
7,915.00 kr (22,061.27 Ft) |
4,625.61 kr (12,892.85 Ft) |
-41.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
21,716.67 kr (60,530.30 Ft) |
11,109.29 kr (30,964.65 Ft) |
-48.8 % |
| 1 Pair of Men Leather Business Shoes |
31,581.25 kr (88,025.59 Ft) |
11,835.99 kr (32,990.15 Ft) |
-62.5 % |
Rent Per Month | Iceland Edit |
Hungary Edit | |
| Apartment (1 bedroom) in City Centre |
275,000.00 kr (766,500.33 Ft) |
71,303.13 kr (198,741.36 Ft) |
-74.1 % |
| Apartment (1 bedroom) Outside of Centre |
248,333.33 kr (692,173.02 Ft) |
56,634.96 kr (157,857.14 Ft) |
-77.2 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (1,098,078.72 Ft) |
122,845.27 kr (342,403.42 Ft) |
-68.8 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (942,305.05 Ft) |
96,549.93 kr (269,111.11 Ft) |
-71.4 % |
Buy Apartment Price | Iceland Edit |
Hungary Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
86,370.14 kr (240,737.22 Ft) |
42,363.53 kr (118,078.77 Ft) |
-51.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
73,312.85 kr (204,343.00 Ft) |
30,749.92 kr (85,708.45 Ft) |
-58.1 % |
Salaries And Financing | Iceland Edit |
Hungary Edit | |
| Average Monthly Net Salary (After Tax) |
563,973.03 kr (1,571,947.31 Ft) |
144,969.06 kr (404,068.47 Ft) |
-74.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.90 | 7.38 | -25.4 % |
| Last update: | 21 May 2025 | 23 May 2025 | |
| Contributors in the past 12 months: | 152 | 575 |
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