Cost of living comparison
Iceland is 65.3% more expensive than Budapest.
If you lived in Iceland instead of Budapest, you would:
pay 84.8% more for restaurants
Budapest
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.16
Ft3,735.92
|
$17.84
kr2,507
|
|
Fast food combo meal
McDonalds, or similar
|
$7.26
Ft2,668.51
|
$14.27
kr2,006
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.35
Ft495.76
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$1.09
Ft399.85
|
$2.12
kr298
|
|
pay 47.9% more for groceries
Budapest
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.53
Ft561.03
|
$3.42
kr481
|
|
Local cheese (8 oz) |
$6.36
Ft2,336.81
|
$5.98
kr841
|
|
Milk (1 gallon) |
$5.36
Ft1,969.99
|
$5.33
kr749
|
|
Eggs
1 dozen
|
$3.33
Ft1,225.53
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$2.52
Ft927.65
|
$7.09
kr997
|
|
Apples (1 lb) |
$0.74
Ft271.13
|
$1.16
kr163
|
|
Bananas (1 lb) |
$0.91
Ft335.25
|
$0.98
kr138
|
|
Oranges (1 lb) |
$0.90
Ft332.41
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$1.72
Ft632.05
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$0.55
Ft202.09
|
$0.96
kr134
|
|
Onions (1 lb) |
$0.62
Ft227.88
|
$0.51
kr72
|
|
pay 73.4% more for transportation
Budapest
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.24
Ft2,661.28
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$27.59
Ft10,140.35
|
$77.40
kr10,879
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,243.49
Ft10,381,811.97
|
$29,836.83
kr4,193,865
|
|
Taxi trip in downtown area (5 miles) |
$12.20
Ft4,483.10
|
$23.97
kr3,369
|
|
pay 2.4 times more for housing
Budapest
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$15.52
Ft5,703.57
|
$62.40
kr8,771
|
|
1-Bedroom apartment in downtown area |
$581.19
Ft213,635.44
|
$1,437.14
kr202,005
|
|
1-Bedroom apartment outside city center |
$442.56
Ft162,678.18
|
$1,215.63
kr170,868
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$126.71
Ft46,574.81
|
$68.63
kr9,647
|
|
pay 55.0% less for childcare
Budapest
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$410.75
Ft150,986.26
|
$259.34
kr36,453
|
|
Middle school for 1 child, two semesters |
$10,178.42
Ft3,741,409.46
|
$2,750.10
kr386,554
|
|
pay 2.0 times more for entertainment and sports
Budapest
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.32
Ft853.92
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$2.11
Ft777.03
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$6.10
Ft2,241.55
|
$10.64
kr1,495
|
|
Monthly membership at local gym |
$53.92
Ft19,820.75
|
$56.90
kr7,998
|
|
Movie ticket to theater/cinema |
$7.26
Ft2,668.51
|
$12.27
kr1,725
|
|
pay 58.7% more for clothing
Budapest
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$81.06
Ft29,796.51
|
$118.08
kr16,597
|
|
Regular dress
from H&M or similar store
|
$37.35
Ft13,730.48
|
$50.39
kr7,083
|
|
Running shoes
Nike or Adidas
|
$84.29
Ft30,983.17
|
$151.12
kr21,241
|
|
Men's business shoes (leather) |
$100.12
Ft36,804.13
|
$175.20
kr24,626
|
|
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