Budapest vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Budapest Reykjavik
🚶 Cost of living one person
$1185
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2918
$5968
🏠 One person rent
$589
$1781
🏘️ Family rent
$1010
$2749
🍽️ Food expenses
$362
$832
🚐 Transport expenses
$114
$88.7
💳 Monthly salary after tax
$1262
$3918
😷 Air quality
Good
Excellent
✈️ Airport proximity
18 km
4 km
🎓 Higher education
92
53
😀 Quality of life
80
89
🏙️ Population
1.69M
140K

The cost of living in Budapest is 59% less expensive than in Reykjavik. Cities ranked 4643rd and 204th ($1185 vs $2915) in the list of the most expensive cities in the world and ranked 1st and 1st in Hungary and Iceland, respectively. Check Hungary vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.1 months in Budapest compared to 1.3 months in Reykjavik. Budapest ranked 1st best city to live in Hungary vs Reykjavik ranked 1st in Iceland, while ranked 551st and 189th among best cities to live in the world.

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Prices in Budapest vs Reykjavik

Prices for goods and services in Budapest and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Budapest Reykjavik
Eating Out
🍱 Lunch Menu
$10.4
$22
🥂 Dinner in a Restaurant, for 2
$47.3
$125
🥪 Fast food meal, equiv. McDonald's
$7.94
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.65
$11.1
☕ Cappuccino
$2.73
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.68
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$603
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$453
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1093
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$799
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$86.9
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$134
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.5
$74.1
🏦 Mortgage Interest Rate for 20 Years
7.5%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4116
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2686
$5311
Transportation
🚌 Local transport ticket
$1.27
$4.63
🎟️ Monthly ticket local transport
$25.6
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$12.8
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.77
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.64
$3.25
🥚 Eggs, x12
$2.9
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$10.4
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.68
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$12.3
$37.6
🍏 Apples, 1 kg or 2.2 lb
$1.72
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.85
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.94
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$2.83
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.22
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.31
$2.16
🌊 Water, 1 L or 1 qt
$0.35
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.96
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$5.76
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.12
$3.27
🚬 Cigarette pack
$6.1
$12.2
💊 Cold medicince, 1 week
$10.4
$11.6
🧴 Hair Shampoo
$4.78
$5.36
🧻 Toilet paper, 4 rolls
$2.44
$4.68
👄 Toothpaste, 1 tube
$3.24
$3.32
Other
🏋️ Gym Membership, 1 month
$50
$71.8
🎫 Cinema Ticket, 1 person
$7.59
$15.1
👩‍⚕️ Doctor's visit
$61.2
$84.7
💇 Haircut, simple
$11.9
$47.4
👖 Brand Jeans
$80.3
$112
👟 Brand Sneakers
$94.2
$155
👶 Daycare or Preschool, 1 month
$448
$254
🏫 International Primary School, 1 year
$11060
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Budapest

Distance City Cost of living
8.2 km or 5.1 mi Budafok-Teteny
$960
16 km or 9.8 mi Erd
$849
16 km or 10 mi Dunakeszi
$1018
17 km or 11 mi Szigetszentmiklos
$901
27 km or 17 mi Godollo
$992
32 km or 20 mi Vac
$876
49 km or 31 mi Tatabanya
$910
58 km or 36 mi Szekesfehervar
$805
58 km or 36 mi Dunaujvaros
$770
67 km or 42 mi Cegled
$849
74 km or 46 mi Komarno
$1067
82 km or 51 mi Kecskemet
$953
84 km or 52 mi Nove Zamky
$1037
86 km or 53 mi Salgotarjan
$879
86 km or 53 mi Levice
$898
93 km or 58 mi Szolnok
$712
96 km or 59 mi Veszprem
$883
104 km or 65 mi Lucenec
$1166
107 km or 67 mi Gyor
$788
109 km or 68 mi Eger
$864
115 km or 72 mi Nitra
$1062
121 km or 75 mi Zvolen
$1574
123 km or 76 mi Ozd
$879
130 km or 81 mi Szekszard
$780
138 km or 86 mi Banska Bystrica
$1103
139 km or 86 mi Mosonmagyarovar
$827
145 km or 90 mi Prievidza
$952
146 km or 91 mi Trnava
$1197
146 km or 91 mi Miskolc
$784
146 km or 91 mi Baja
$761
150 km or 93 mi Piestany
$935
153 km or 95 mi Hodmezovasarhely
$837
158 km or 98 mi Kaposvar
$745
160 km or 99 mi Petrzalka
$1234
161 km or 100 mi Bratislava
$1307
163 km or 101 mi Subotica
$797
163 km or 101 mi Szeged
$860
170 km or 106 mi Pecs
$851
172 km or 107 mi Trencin
$1150
174 km or 108 mi Martin
$1090

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161