Moving to Iceland from Hungary

moving to

What to Expect

Considering a move from Hungary to Iceland? Here's how the two compare on cost, climate, safety, and more.

If you moved from Hungary to Iceland, you would find that Iceland is 2.5 times more expensive than Hungary overall. A HUF24,000,000 salary in Hungary would need to be roughly ISK22,400,000 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 60°F in Budapest, making it significantly cooler.

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Is Iceland cheaper than Hungary?

How key spending categories compare

Restaurants

pay 2.5 times more

Groceries

pay 97.4% more

Transportation

pay 75.0% more

Housing

pay 3.4 times more

Childcare

pay 2.9 times more

Entertainment and Sports

pay 2.5 times more

See full cost of living breakdown
Exchange rate: 1 HUF = 0.3748 ISK (October 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

What salary do you need in Iceland?

What does your salary buy?

HUF24,000,000 → ISK22,400,000

To maintain the same standard of living in Iceland

Calculate with your salary →

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Who Else Is Making This Move?

What the data shows about people moving from Hungary to Iceland.

Moved in 2023
254

people moved from Hungary to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

The numbers behind daily life in Iceland compared to Hungary.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

HU
0.7
IS
1.3
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

HU
7.4
IS
2.4

Hungary generally does better on safety, though Iceland leads in road traffic deaths.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

HU
$2,875
IS
$6,927
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

HU
34.6
IS
43.7

Iceland generally does better on health & wellbeing, though Hungary leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

HU
42.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

HU
4.5t
IS
8.5t

Hungary generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

HU
37.5
IS
37.5
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

HU
8.1%
IS
0.4%

Iceland generally does better on infrastructure, though Hungary leads in broadband per 100 people.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

HU
4.5%
IS
3.6%
GDP per capita World Bank, 2025

a broad measure of economic output per person

HU
$25,907
IS
$98,323

Iceland generally does better on employment & economy, though Hungary leads in top income tax rate.

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

HU
76.7 yrs
IS
82.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

HU
3.1
IS
2.1

Iceland performs significantly better than Hungary across all family life metrics.

Sources: World Bank (2017–2025), United Nations SDG Indicators (2019–2021), World Health Organization (2024), National Tax and Customs Administration of Hungary (2016), Directorate of Internal Revenue (2016). How we calculate this

Weather in Iceland vs Hungary

Monthly averages — select a city to compare.

Budapest Rain: 21.0 in/yr (534 mm)
60° / 44°F

Avg. annual high / low

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Months Budapest Reykjavik
Jan–Mar 43°/31°F (6°/-1°C) 37°/28°F (3°/-2°C)
Apr–Jun 71°/52°F (22°/11°C) 48°/38°F (9°/4°C)
Jul–Sep 78°/59°F (26°/15°C) 54°/45°F (12°/7°C)
Oct–Dec 49°/37°F (9°/3°C) 39°/31°F (4°/-1°C)
View all months
Month Budapest Reykjavik
Jan 37°/27°F (2.6°/-3.0°C) 35°/27°F (1.9°/-3.0°C)
Feb 41°/29°F (5.1°/-1.8°C) 37°/28°F (2.8°/-2.1°C)
Mar 51°/36°F (10.6°/2.0°C) 38°/28°F (3.2°/-2.0°C)
Apr 63°/44°F (17.1°/6.8°C) 42°/33°F (5.7°/0.4°C)
May 72°/53°F (22.4°/11.5°C) 49°/38°F (9.4°/3.6°C)
Jun 78°/58°F (25.3°/14.4°C) 53°/44°F (11.7°/6.7°C)
Jul 82°/62°F (27.9°/16.4°C) 56°/47°F (13.3°/8.3°C)
Aug 81°/61°F (27.4°/16.0°C) 55°/46°F (13.0°/7.9°C)
Sep 72°/53°F (22.1°/11.8°C) 50°/41°F (10.1°/5.0°C)
Oct 61°/45°F (16.1°/7.0°C) 44°/36°F (6.8°/2.2°C)
Nov 47°/36°F (8.5°/2.3°C) 38°/30°F (3.4°/-1.3°C)
Dec 38°/29°F (3.2°/-1.7°C) 36°/27°F (2.2°/-2.8°C)

Data: Hungarian Meteorological Service Hungarian Meteorological Service, Icelandic Meteorological Office Icelandic Meteorological Office

Can you move from Hungary to Iceland?

Short-stay tourist visa rules between Hungary and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Hungary passport

Hungary passport holder visiting Iceland

Visa Free
Hungary passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting Hungary

Visa Free
Iceland passport holders can enter Hungary without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Iceland than Hungary?

On average Iceland is around 149% pricier than Hungary, with notable variation by city.

How much money do I need to move to Iceland?

Budget about ISK5,600,000 for 3 months in Iceland (based on a HUF24,000,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

Connectivity is usually fine (Iceland: 37.5 fixed broadband per 100). What actually decides it is legal: does Iceland offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Iceland safe for expats?

Hungary generally does better on safety, though Iceland leads in road traffic deaths. The homicide rate in Iceland is 1.3 per 100,000 people, compared to 0.7 in Hungary.

How is healthcare in Iceland compared to Hungary?

Iceland generally does better on health & wellbeing, though Hungary leads in healthcare spending per person. There are 43.7 doctors per 10,000 people in Iceland, compared to 34.6 in Hungary. Iceland scores 89 on the WHO universal health coverage index (Hungary: 79).

What's the weather like in Iceland compared to Hungary?

The average high temperature in Reykjavik is 45°F, compared to 60°F in Budapest. Reykjavik receives around 31.4 in of rainfall per year, while Budapest gets 21.0 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Hungary, the official language is Hungarian.

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At a Glance

HU IS
Population 9,514,251 392,404
Currency Hungarian Forint (HUF) Icelandic Króna (ISK)
Languages Hungarian Icelandic
Driving side Right Right
Calling code +36 +354
Time zones 1 1
Emergency number 112 112