Moving to Hungary from Iceland

moving to

What to Expect

Everything you need to know before relocating from Iceland to Hungary — costs, safety, healthcare, and practical first steps.

If you moved from Iceland to Hungary, you would find that Hungary is 49.9% cheaper than Iceland overall. A ISK9,402,000 salary in Iceland would need to be roughly HUF9,044,512 in Hungary to maintain the same lifestyle, and you’d need to navigate life in Hungarian. Expect a noticeable climate shift — Budapest averages 60°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

What to expect for your wallet after moving from Iceland to Hungary.

What does your salary buy?

ISK9,402,000 HUF9,044,512

To maintain the same standard of living in Hungary

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 59.2% less

Groceries

pay 50.6% less

Transportation

pay 47.9% less

Housing

pay 41.6% less

Childcare

pay 41.8% less

Entertainment and Sports

pay 56.8% less

See full cost of living breakdown
Exchange rate: 1 ISK = 2.53 HUF (July 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.

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Who Else Is Making This Move?

How many people actually move from Iceland to Hungary, based on official data.

Moved in 2023
12 ↑ 100% vs 2022

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

Who's moving to Hungary?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Iceland to Hungary.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
HU
1.0
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IS
2.4
HU
7.4

Iceland generally does better on safety, though Hungary leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
HU
$2,875
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
HU
33.0

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

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

tonnes of CO₂ emitted per person per year

IS
8.5t
HU
4.5t

Iceland generally does better on environment, though Hungary leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
HU
35.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
HU
8.1%

Iceland performs better than Hungary across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
HU
4.1%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
HU
$40,600

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
HU
77.2 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
HU
4.6

Iceland performs better than Hungary across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

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

Avg. annual high / low

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

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

Visitor Visa Requirements

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

Iceland passport

Iceland passport holder visiting Hungary

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

Hungary passport holder visiting Iceland

Visa Free
Hungary passport holders can enter Iceland 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 Hungary than Iceland?

Yes — Hungary is on average about 62% cheaper than Iceland. City-level variation can be significant.

How much money do I need to move to Hungary?

Plan for at least 3 months of living expenses — roughly HUF2,261,128 in Hungary on a ISK9,402,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Hungary?

Internet is rarely the blocker — Hungary has 35.5 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Hungary safe for expats?

Iceland generally does better on safety, though Hungary leads in homicide rate. The homicide rate in Hungary is 1.0 per 100,000 people, compared to 1.1 in Iceland.

How is healthcare in Hungary compared to Iceland?

Iceland generally does better on health & wellbeing, though Hungary leads in healthcare spending per person. There are 33.0 doctors per 10,000 people in Hungary, compared to 45.2 in Iceland. Hungary scores 79 on the WHO universal health coverage index (Iceland: 89).

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

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

What language do they speak in Hungary?

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

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At a Glance

IS HU
Population 357,603 9,699,577
Currency Icelandic Króna (ISK) Hungarian Forint (HUF)
Languages Icelandic Hungarian
Driving side Right Right
Calling code +354 +36
Time zones 1 1
Emergency number 112 112