Cost of living comparison
Iceland is 2.2 times more expensive than Hungary.
If you lived in Iceland instead of Hungary, you would:
pay 2.3 times more for restaurants
Hungary
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.37
Ft2,708.13
|
$17.84
kr2,507
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
Ft2,105.71
|
$14.27
kr2,006
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.18
Ft433.31
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$0.97
Ft355.66
|
$2.12
kr298
|
|
pay 92.4% more for groceries
Hungary
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
Ft415.89
|
$3.42
kr481
|
|
Local cheese (8 oz) |
$5.07
Ft1,863.15
|
$5.98
kr841
|
|
Milk (1 gallon) |
$3.47
Ft1,277.06
|
$5.33
kr749
|
|
Eggs
1 dozen
|
$2.28
Ft836.56
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$2.16
Ft795.35
|
$7.09
kr997
|
|
Apples (1 lb) |
$0.64
Ft234.56
|
$1.16
kr163
|
|
Bananas (1 lb) |
$0.65
Ft239.00
|
$0.98
kr138
|
|
Oranges (1 lb) |
$0.69
Ft254.27
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$1.39
Ft510.17
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$0.44
Ft163.17
|
$0.96
kr134
|
|
Onions (1 lb) |
$0.44
Ft162.67
|
$0.51
kr72
|
|
pay 2.1 times more for transportation
Hungary
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.48
Ft2,012.89
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$24.10
Ft8,859.41
|
$77.40
kr10,879
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,929.98
Ft8,061,076.16
|
$29,836.83
kr4,193,865
|
|
Taxi trip in downtown area (5 miles) |
$10.36
Ft3,808.37
|
$23.97
kr3,369
|
|
pay 3.4 times more for housing
Hungary
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$13.65
Ft5,017.97
|
$62.40
kr8,771
|
|
1-Bedroom apartment in downtown area |
$356.86
Ft131,174.59
|
$1,437.14
kr202,005
|
|
1-Bedroom apartment outside city center |
$280.52
Ft103,114.64
|
$1,215.63
kr170,868
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.62
Ft40,660.57
|
$68.63
kr9,647
|
|
pay 10.5% less for childcare
Hungary
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$218.36
Ft80,264.84
|
$259.34
kr36,453
|
|
Middle school for 1 child, two semesters |
$4,572.41
Ft1,680,737.45
|
$2,750.10
kr386,554
|
|
pay 2.7 times more for entertainment and sports
Hungary
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.58
Ft580.53
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$1.71
Ft627.89
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$5.63
Ft2,069.95
|
$10.64
kr1,495
|
|
Monthly membership at local gym |
$36.88
Ft13,557.63
|
$56.90
kr7,998
|
|
Movie ticket to theater/cinema |
$5.73
Ft2,105.18
|
$12.27
kr1,725
|
|
pay 2.1 times more for clothing
Hungary
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.90
Ft21,282.28
|
$118.08
kr16,597
|
|
Regular dress
from H&M or similar store
|
$26.48
Ft9,733.67
|
$50.39
kr7,083
|
|
Running shoes
Nike or Adidas
|
$72.51
Ft26,655.10
|
$151.12
kr21,241
|
|
Men's business shoes (leather) |
$73.83
Ft27,138.95
|
$175.20
kr24,626
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Hungary. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.