Cost of living comparison
Budapest is 24.8% cheaper than Reykjavik.
If you lived in Budapest instead of Reykjavik, you would:
pay 47.8% less for restaurants
Reykjavik
|
Budapest
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,599
|
$10.16
Ft3,759.78
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,207
|
$7.26
Ft2,685.56
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr358
|
$1.35
Ft498.92
|
|
Bottle of water (11 fl. oz) |
$2.03
kr286
|
$1.09
Ft402.41
|
|
pay 32.3% less for groceries
Reykjavik
|
Budapest
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr481
|
$1.53
Ft564.61
|
|
Local cheese (8 oz) |
$7.20
kr1,016
|
$6.36
Ft2,351.74
|
|
Milk (1 gallon) |
$5.90
kr833
|
$5.36
Ft1,982.57
|
|
Eggs
1 dozen
|
$5.64
kr797
|
$3.33
Ft1,233.36
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,142
|
$2.52
Ft933.57
|
|
Apples (1 lb) |
$1.57
kr221
|
$0.74
Ft272.86
|
|
Bananas (1 lb) |
$0.93
kr132
|
$0.91
Ft337.39
|
|
Oranges (1 lb) |
$1.23
kr174
|
$0.90
Ft334.53
|
|
Tomatoes (1 lb) |
$2.22
kr313
|
$1.72
Ft636.09
|
|
Potatoes (1 lb) |
$1.24
kr176
|
$0.55
Ft203.38
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.62
Ft229.33
|
|
pay 39.8% less for transportation
Reykjavik
|
Budapest
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,257
|
$7.24
Ft2,678.27
|
|
Monthly public transit pass |
$65.56
kr9,260
|
$27.59
Ft10,205.11
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,247,487
|
$28,243.49
Ft10,448,113.56
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,159
|
$12.20
Ft4,511.73
|
|
pay 31.2% less for housing
Reykjavik
|
Budapest
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr9,046
|
$15.52
Ft5,739.99
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr227,859
|
$581.19
Ft214,999.79
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr194,883
|
$442.56
Ft163,717.10
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,791
|
$126.71
Ft46,872.25
|
|
pay 56.7% more for childcare
Reykjavik
|
Budapest
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,894
|
$410.75
Ft151,950.50
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr855,718
|
$10,178.42
Ft3,765,303.30
|
|
pay 48.6% less for entertainment and sports
Reykjavik
|
Budapest
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,338
|
$2.32
Ft859.38
|
|
Cappuccino in mid-range area |
$4.53
kr640
|
$2.11
Ft781.99
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,646
|
$6.10
Ft2,255.87
|
|
Monthly membership at local gym |
$67.30
kr9,507
|
$53.92
Ft19,947.34
|
|
Movie ticket to theater/cinema |
$13.66
kr1,929
|
$7.26
Ft2,685.56
|
|
pay 30.8% less for clothing
Reykjavik
|
Budapest
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,278
|
$81.06
Ft29,986.80
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,132
|
$37.35
Ft13,818.16
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,456
|
$84.29
Ft31,181.03
|
|
Men's business shoes (leather) |
$182.49
kr25,777
|
$100.12
Ft37,039.17
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Budapest or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.