Budapest vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Budapest Reykjavik
🚶 Cost of living one person
$1377
$3268
👨‍👩‍👧‍👦 Cost of living Family
$3353
$6787
🏠 One person rent
$707
$2025
🏘️ Family rent
$1218
$3029
🍽️ Food expenses
$411
$894
🚐 Transport expenses
$120
$101
💳 Monthly salary after tax
$1503
$4361
😷 Air quality
Good
Excellent
✈️ Airport proximity
18 km
4 km
🎓 Higher education
92
52
😀 Quality of life
82
91
🏙️ Population
1.69M
140K

The cost of living in Budapest is 58% less expensive than in Reykjavik. Cities ranked 4312th and 88th ($1377 vs $3268) 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 636th and 191st 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
$10.6
$27.9
🥂 Dinner in a Restaurant, for 2
$55.3
$79.5
🥪 Fast food meal, equiv. McDonald's
$8.58
$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.18
$13
☕ Cappuccino
$3.26
$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.8
$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$735
$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$557
$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1332
$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$984
$2774
🔌 Utility Bill one person, electricity, heating, water, etc.
$91
$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$141
$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$23.3
$84
🏦 Mortgage Interest Rate for 20 Years
7.04%
9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5141
$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3394
$6578
Transportation
🚌 Local transport ticket
$1.48
$5.36
🎟️ Monthly ticket local transport
$27.3
$88.4
🚕 Taxi Ride, 8 km or 5 mi
$13.3
$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.83
$2.55
Groceries
🥛 Milk, 1 L or 1 qt
$1.37
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$1.63
$4.43
🍚 Rice, 1 kg or 2.2 lb
$2.03
$3.55
🥚 Eggs, x12
$3.34
$6.58
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.36
$25
🥩 Round Steak, 1 kg or 2.2 lb
$13.2
$41.5
🍏 Apples, 1 kg or 2.2 lb
$2.18
$3.59
🍌 Banana, 1 kg or 2.2 lb
$2.03
$2.58
🍊 Oranges, 1 kg or 2.2 lb
$2.19
$3.35
🍅 Tomato, 1 kg or 2.2 lb
$3.51
$5.57
🥔 Potato, 1 kg or 2.2 lb
$1.27
$3.7
🧅 Onion, 1 kg or 2.2 lb
$1.32
$2.56
🌊 Water, 1 L or 1 qt
$0.38
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.58
$3.04
🍾 Wine (mid-priced), 750 mL bottle
$6.95
$25.5
🍺 Beer, 0.5 L or 16 fl oz
$1.31
$3.79
🚬 Cigarette pack
$7.03
$13.6
💊 Cold medicince, 1 week
$11.7
$12.9
🧴 Hair Shampoo
$4.2
$5.86
🧻 Toilet paper, 4 rolls
$2.49
$5.2
👄 Toothpaste, 1 tube
$2.95
$3.63
Other
🏋️ Gym Membership, 1 month
$60
$88.2
🎫 Cinema Ticket, 1 person
$8.94
$18
👩‍⚕️ Doctor's visit
$72.4
$92.8
💇 Haircut, simple
$14.5
$46
👖 Brand Jeans
$95
$144
👟 Brand Sneakers
$97.2
$194
👶 Daycare or Preschool, 1 month
$447
$352
🏫 International Primary School, 1 year
$13171
$30378

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
$1089
16 km or 9.8 mi Erd
$936
16 km or 10 mi Dunakeszi
$1081
17 km or 11 mi Szigetszentmiklos
$1010
27 km or 17 mi Godollo
$1059
32 km or 20 mi Vac
$1070
49 km or 31 mi Tatabanya
$943
58 km or 36 mi Szekesfehervar
$884
58 km or 36 mi Dunaujvaros
$823
67 km or 42 mi Cegled
$1002
74 km or 46 mi Komarno
$1148
82 km or 51 mi Kecskemet
$895
84 km or 52 mi Nove Zamky
$1134
86 km or 53 mi Salgotarjan
$971
86 km or 53 mi Levice
$946
93 km or 58 mi Szolnok
$806
96 km or 59 mi Veszprem
$973
104 km or 65 mi Lucenec
$1037
107 km or 67 mi Gyor
$861
109 km or 68 mi Eger
$949
115 km or 72 mi Nitra
$1176
121 km or 75 mi Zvolen
$1346
123 km or 76 mi Ozd
$982
130 km or 81 mi Szekszard
$890
138 km or 86 mi Banska Bystrica
$1126
139 km or 86 mi Mosonmagyarovar
$917
145 km or 90 mi Prievidza
$992
146 km or 91 mi Trnava
$1311
146 km or 91 mi Miskolc
$913
146 km or 91 mi Baja
$965
150 km or 93 mi Piestany
$985
153 km or 95 mi Hodmezovasarhely
$808
158 km or 98 mi Kaposvar
$802
160 km or 99 mi Petrzalka
$1388
161 km or 100 mi Bratislava
$1497
163 km or 101 mi Subotica
$832
163 km or 101 mi Szeged
$934
170 km or 106 mi Pecs
$1033
172 km or 107 mi Trencin
$1257
174 km or 108 mi Martin
$1162

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3175
9.8 km or 6.1 mi Hafnarfjorur
$3148
38 km or 24 mi Keflavik
$2596
247 km or 153 mi Akureyri
$2990
795 km or 494 mi Torshavn
$2077
1204 km or 748 mi Inverness
$2021
1230 km or 764 mi Elgin
$1507
1300 km or 808 mi Derry
$1551
1309 km or 813 mi Greenock
$1575
1321 km or 821 mi Aberdeen
$1769
1325 km or 823 mi Perth
$1641
1328 km or 825 mi Stirling
$1711
1331 km or 827 mi Paisley
$1837
1333 km or 828 mi Alloa
$1762
1337 km or 831 mi Glasgow
$2058
1339 km or 832 mi Dundee
$1480
1340 km or 833 mi Omagh
$1703
1341 km or 833 mi Cumbernauld
$1619
1342 km or 834 mi Irvine
$1630
1348 km or 838 mi East Kilbride
$1840
1349 km or 838 mi Kilmarnock
$1527
1351 km or 839 mi Dunfermline
$1728
1353 km or 841 mi Hamilton
$1797
1357 km or 843 mi Ayr
$1522
1360 km or 845 mi Kirkcaldy
$1768
1365 km or 848 mi Livingston
$1775
1372 km or 852 mi Edinburgh
$2310
1382 km or 859 mi Newtownabbey
$1808
1387 km or 862 mi Belfast
$1884
1390 km or 864 mi Bangor
$1484
1391 km or 864 mi Lisburn
$1879
1401 km or 871 mi Alesund
$1797
1413 km or 878 mi Galway
$2768
1425 km or 886 mi Dundalk
$1955
1431 km or 889 mi Dumfries
$1485
1433 km or 891 mi Nuuk
$2217
1441 km or 895 mi Molde
$1986
1454 km or 903 mi Kristiansund
$1887
1455 km or 904 mi Drogheda
$2902
1455 km or 904 mi Bergen
$2242