Last update: Oct 2026

Cost of Living Comparison Between Hallormsstadur and Budapest

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index

Jump to prices

Hallormsstadur

🇮🇸 Iceland

/mo nomad

Budapest

🇭🇺 Hungary

$1,647

/mo nomad

Meal at Budget Restaurant

$13.63 Ft 4,419

Three-Course Dinner for Two, Mid-Range

$60.7 Ft 19.7K

Fast Food Meal (McDonalds, etc)

$10.02 Ft 3,248

Cappuccino

$3.33 Ft 1,078

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

$2.12 Ft 686

Water (0.33 liter bottle)

$1.80 Ft 583

Local Beer (0.5 liter draught)

$3.61 Ft 1,169

Imported Beer (0.33 liter bottle)

$3.59 Ft 1,163

Milk (1 liter)

$1.12 Ft 362

White Bread (500g)

$1.93 Ft 624

Rice (white) (1kg)

$2.49 Ft 806

Eggs

$3.94 Ft 1,278

Local Cheese (1kg)

$11.28 Ft 3,656

Chicken Fillets (1kg)

$6.73 Ft 2,183

Beef Round Steak (1kg)

$14.44 Ft 4,682

Apples (1kg)

$1.86 Ft 603

Banana (1kg)

$2.04 Ft 660

Oranges (1kg)

$2.29 Ft 742

Tomato (1kg)

$3.99 Ft 1,294

Potato (1kg)

$0.94 Ft 305

Onion (1kg)

$1.02 Ft 331

Lettuce (1 head)

$1.65 Ft 536

Water (1.5 liter bottle)

$0.68 Ft 221

Cigarettes 20 Pack (Marlboro, Camel)

$7.81 Ft 2,533

Wine (Bottle)

$6.02 Ft 1,952

Local Beer (0.5 liter bottle)

$1.29 Ft 419

Imported Beer (0.33 liter bottle)

$2.02 Ft 656

One-way Ticket (Public Transport)

$1.50 Ft 485

Public Transport Monthly Pass (Regular Price)

$27.13 Ft 8,792

Taxi Start (Normal Tariff)

$3.36 Ft 1,088

Taxi (Normal Tariff) (1km)

$1.37 Ft 445

Taxi 1hour Waiting (Normal Tariff)

$19.96 Ft 6,468

Gasoline (1 liter)

$1.86 Ft 604

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

$28.5K Ft 9.2M

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

$33.4K Ft 10.8M

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

$178 Ft 57.8K

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

$23.58 Ft 7,643

Internet (50+ Mbps, Unlimited Data)

$24.12 Ft 7,817

Gym Membership (Monthly)

$69.7 Ft 22.6K

Tennis Court (1 Hour on Weekend)

$17.03 Ft 5,520

Cinema Ticket

$10.48 Ft 3,397

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

$625 Ft 202.6K

International Primary School, 1 Child (Yearly)

$19.6K Ft 6.4M

Jeans (Levis 501 Or Similar)

$102 Ft 33.1K

Summer Dress (H&M, Zara, etc)

$43.41 Ft 14.1K

Sport Shoes (Adidas, Nike)

$110 Ft 35.6K

Men's Leather Business Shoes

$121 Ft 39.1K

1-bedroom Apartment, City Center (Monthly)

$845 Ft 274.0K

1-bedroom Apartment, Outside City Center (Monthly)

$638 Ft 206.9K

3-bedroom Apartment, City Center (Monthly)

$1,609 Ft 521.5K

3-bedroom Apartment, Outside City Center (Monthly)

$1,217 Ft 394.5K

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 559.0K

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 Hallormsstadur: October 31, 2026

Last update for Budapest: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Hallormsstadur

–

Budapest

$638 38.8%

Groceries & Markets

Hallormsstadur

–

Budapest

$260 15.8%

Monthly Utilities & Internet

Hallormsstadur

–

Budapest

$226 13.7%

Eating Out

Hallormsstadur

–

Budapest

$220 13.4%

Clothing & Footwear

Hallormsstadur

–

Budapest

$169 10.3%

Sport & Entertainment

Hallormsstadur

–

Budapest

$91 5.5%

Getting Around

Hallormsstadur

–

Budapest

$43 2.6%

Good to know

🇮🇸 Hallormsstadur

🇭🇺 Budapest

🕒 Local time

05:04 5:04 AM

06:04 6:04 AM

1 h ahead of Hallormsstadur

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

Icelandic Króna ISK kr

Hungarian Forint HUF Ft

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.33 EUR

1,000 HUF = 3.09 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

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 = 7.33 EUR).

Hungarian Forint exchange rates as of November 6, 2026: 1 USD = 324 HUF (1,000 HUF = 3.09 USD). 1 EUR = 364 HUF (1,000 HUF = 2.75 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Hallormsstadur Budapest 2,800 km ≈ 4 h nonstop flight

From you

Hallormsstadur
Budapest

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

Hallormsstadur vs Budapest: 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.

Hallormsstadur vs other spots: cost of living compared