Last update: Nov 2026

Cost of Living Comparison Between Budapest and Hallormsstadur

79

Cost of Living Index in Budapest
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Budapest Living Index

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Budapest

🇭🇺 Hungary

$1,647

/mo nomad

Hallormsstadur

🇮🇸 Iceland

/mo nomad

Meal at Budget Restaurant

$13.63 Ft 4,443

Three-Course Dinner for Two, Mid-Range

$60.7 Ft 19.8K

Fast Food Meal (McDonalds, etc)

$10.02 Ft 3,266

Cappuccino

$3.33 Ft 1,084

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.12 Ft 690

Water (0.33 liter bottle)

$1.80 Ft 586

Local Beer (0.5 liter draught)

$3.61 Ft 1,176

Imported Beer (0.33 liter bottle)

$3.59 Ft 1,170

Milk (1 liter)

$1.12 Ft 364

White Bread (500g)

$1.93 Ft 628

Rice (white) (1kg)

$2.49 Ft 811

Eggs

$3.94 Ft 1,286

Local Cheese (1kg)

$11.28 Ft 3,677

Chicken Fillets (1kg)

$6.73 Ft 2,195

Beef Round Steak (1kg)

$14.44 Ft 4,708

Apples (1kg)

$1.86 Ft 606

Banana (1kg)

$2.04 Ft 664

Oranges (1kg)

$2.29 Ft 746

Tomato (1kg)

$3.99 Ft 1,301

Potato (1kg)

$0.94 Ft 307

Onion (1kg)

$1.02 Ft 333

Lettuce (1 head)

$1.65 Ft 539

Water (1.5 liter bottle)

$0.68 Ft 222

Cigarettes 20 Pack (Marlboro, Camel)

$7.81 Ft 2,547

Wine (Bottle)

$6.02 Ft 1,963

Local Beer (0.5 liter bottle)

$1.29 Ft 421

Imported Beer (0.33 liter bottle)

$2.02 Ft 660

One-way Ticket (Public Transport)

$1.50 Ft 488

Public Transport Monthly Pass (Regular Price)

$27.13 Ft 8,842

Taxi Start (Normal Tariff)

$3.36 Ft 1,094

Taxi (Normal Tariff) (1km)

$1.37 Ft 448

Taxi 1hour Waiting (Normal Tariff)

$19.96 Ft 6,505

Gasoline (1 liter)

$1.86 Ft 608

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.5K Ft 9.3M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.4K Ft 10.9M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$178 Ft 58.1K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$23.58 Ft 7,686

Internet (50+ Mbps, Unlimited Data)

$24.12 Ft 7,861

Gym Membership (Monthly)

$69.7 Ft 22.7K

Tennis Court (1 Hour on Weekend)

$17.03 Ft 5,551

Cinema Ticket

$10.48 Ft 3,416

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$625 Ft 203.8K

International Primary School, 1 Child (Yearly)

$19.6K Ft 6.4M

Jeans (Levis 501 Or Similar)

$102 Ft 33.3K

Summer Dress (H&M, Zara, etc)

$43.41 Ft 14.2K

Sport Shoes (Adidas, Nike)

$110 Ft 35.8K

Men's Leather Business Shoes

$121 Ft 39.3K

1-bedroom Apartment, City Center (Monthly)

$845 Ft 275.5K

1-bedroom Apartment, Outside City Center (Monthly)

$638 Ft 208.1K

3-bedroom Apartment, City Center (Monthly)

$1,609 Ft 524.4K

3-bedroom Apartment, Outside City Center (Monthly)

$1,217 Ft 396.7K

Buy Apartment in City Center (m2)

$5,555 Ft 1.8M

Buy Apartment Outside City Center (m2)

$3,898 Ft 1.3M

Average Monthly Net Salary (After Tax)

$1,724 Ft 562.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.34

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Budapest: November 1, 2026

Last update for Hallormsstadur: October 31, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Budapest

$638 38.8%

Hallormsstadur

–

Groceries & Markets

Budapest

$260 15.8%

Hallormsstadur

–

Monthly Utilities & Internet

Budapest

$226 13.7%

Hallormsstadur

–

Eating Out

Budapest

$220 13.4%

Hallormsstadur

–

Clothing & Footwear

Budapest

$169 10.3%

Hallormsstadur

–

Sport & Entertainment

Budapest

$91 5.5%

Hallormsstadur

–

Getting Around

Budapest

$43 2.6%

Hallormsstadur

–

Good to know

🇭🇺 Budapest

🇮🇸 Hallormsstadur

🕒 Local time

21:10 9:10 PM

20:10 8:10 PM

1 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

Hungarian Forint HUF Ft

Icelandic Króna ISK kr

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.75 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

Exchange rates and currency converter

ISK, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of November 6, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 364 HUF (1,000 HUF = 2.75 EUR).

Icelandic Króna exchange rates as of November 6, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

USD to HUF in detail →

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Budapest Hallormsstadur 2,800 km ≈ 4 h nonstop flight

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Budapest
Hallormsstadur

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Budapest vs Hallormsstadur: Cost of Living - Frequently Asked Questions

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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