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
Ft2,725.43
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
Ft2,119.16
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.18
Ft436.07
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.97
Ft357.93
|
$2.12
kr300
|
|
pay 92.4% more for groceries
Hungary
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
Ft418.55
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$5.07
Ft1,875.05
|
$5.98
kr845
|
|
Milk (1 gallon) |
$3.47
Ft1,285.22
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$2.28
Ft841.90
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$2.16
Ft800.43
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$0.64
Ft236.06
|
$1.16
kr164
|
|
Bananas (1 lb) |
$0.65
Ft240.53
|
$0.98
kr139
|
|
Oranges (1 lb) |
$0.69
Ft255.89
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$1.39
Ft513.43
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$0.44
Ft164.21
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.44
Ft163.70
|
$0.51
kr72
|
|
pay 2.1 times more for transportation
Hungary
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.48
Ft2,025.74
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$24.10
Ft8,915.99
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,929.98
Ft8,112,556.78
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$10.36
Ft3,832.70
|
$23.97
kr3,385
|
|
pay 3.4 times more for housing
Hungary
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$13.65
Ft5,050.02
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$356.86
Ft132,012.32
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$280.52
Ft103,773.16
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.62
Ft40,920.24
|
$68.63
kr9,694
|
|
pay 10.5% less for childcare
Hungary
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$218.36
Ft80,777.44
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$4,572.41
Ft1,691,471.18
|
$2,750.10
kr388,451
|
|
pay 2.7 times more for entertainment and sports
Hungary
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.58
Ft584.24
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$1.71
Ft631.90
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$5.63
Ft2,083.17
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$36.88
Ft13,644.21
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$5.73
Ft2,118.62
|
$12.27
kr1,734
|
|
pay 2.1 times more for clothing
Hungary
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.90
Ft21,418.20
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$26.48
Ft9,795.83
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$72.51
Ft26,825.33
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$73.83
Ft27,312.27
|
$175.20
kr24,747
|
|
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