A Travel Price Comparison for Vacations, Tours, and Honeymoons Budapest vs. Reykjavik

Should you visit Budapest or Reykjavik?

Which city is more affordable and which is best for your travel style? If you're trying to figure out where to go next, comparing the travel costs between Budapest and Reykjavik can help you decide which place is right for you.

Budapest

Budapest is the capital city of Hungary. It has been called the "Paris of the East" because of its impressive architecture and general beauty. It was listed as a UNESCO World Heritage List in 1987 because of its cultural importance, its location on the Banks of the Danube, the Buda Castle Quarter and Andrassy Avenue. In addition to its rich history, Budapest still has a young vibe with a lot of energy. There's an active night life, an impressive music scene, and a good reputation with European youth.

Reykjavik

Reykjavik is the capital and largest city in the country of Iceland. The city is where the vast majority of the country's population resides and the urban area has about 200,000 residents. The city is sprawling, with a large area covered in suburbs. The the city center is quite compact, with many interesting and colorful houses. There are a lot of things that attract tourists to this city, including an interesting culture and history as well as plenty of shopping and dining opportunities.

Which city is cheaper, Reykjavik or Budapest?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Budapest is $88, while the average daily cost in Reykjavik is $222. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each city. Below is a breakdown of travel costs for Budapest and Reykjavik in more detail.



Accommodation

Double occupancy rooms typically run around $96 in Budapest For nicer amenities and a premiere location, you can expect to pay a bit more.

The prices for places to stay in Reykjavik can vary by date, location, and type. Generally, the average cost for accommodation per person is $126, while a typical double-occupancy hotel room for two people will cost around $252.


  • Accommodation Hotel or hostel for one person
    Budapest $48
    Reykjavik $126
  • Accommodation Typical double-occupancy room
    Budapest $96
    Reykjavik $252

Food

Food in Budapest costs travelers about $22 per day on average. Restaurants can vary significantly in price, so choose wisely if you're trying to save money. Fast food and street stalls are typically your cheapest options, which sit down restaurants can be significantly more expensive.

On average, meal and food prices in Reykjavik cost around $27 per person, per day. While this price can vary widely by location, the type of restaurant, and the amount of food ordered, a typical meal often costs around $11.


  • Food Meals for one day
    Budapest $22
    Reykjavik $27
Typical Food prices in Budapest

Here are some examples of typical meal expenses from previous travelers to Budapest:


  • Lunch
    $4.15

Food Tours and Cooking Classes in Budapest

For Budapest, here are some samples of tours and activities related to meals and dining experiences:

  • Lángos (hungarian streetfood) cooking class: $19
  • Dinner & Cruise on the Danube in Budapest: $23
  • Traveling Spoon Hungarian Goulash Private Online Cooking Class: $27
  • Vegan Food Tour / Local delights: $36
  • Private Budapest Food Tour with a Local Foodie: $37
  • Live from Hungarian Online Cooking class: $39
  • Bitemojo Self Guided Food Tour Night & The City Budapest: $47
  • Food Tour in Budapest: $50
  • Bitemojo Self Guided Food Tour of Trendy Budapest: $51
  • BBQ dinner and a Quiz Night - welcome shots (hungaricums) and 88 craft beers: $52
  • 2-Hours Strudel Cooking Class and Wine Tasting in Central Budapest: $53
  • Dinner Cruise with Live Music: $54

Typical Food prices in Reykjavik

For Reykjavik, here are some examples of average food and meal prices for travelers:


  • Dinner (Fish Market)
    $201

Food Tours and Cooking Classes in Reykjavik

For Reykjavik, here are some samples of tours and activities related to meals and dining experiences:

  • Exclusive dinner with a local family: $112
  • Weekend Reykjavik Food Tour with a stop at the Reykjavik Flea Market: $123
  • Dinner with an Icelandic Artist in Reykjavik Home: $151
  • Secret Lagoon, Buffet Dinner, and Northern Lights Tour from Reykjavik: $159
  • South Coast: Volcanoes, waterfalls & Viking dinner at the Viking house: $179
  • Private Reykjavik Food Tour: $198
  • South Coast: Small group glacier hike, fire & ice with dinner at Viking lodge: $199
  • Cook and Dine Icelandic Cooking Class Gourmet Lunch or Dinner: $204
  • Kopar Fine Dining Dinner and Northern Lights Cruise from Reykjavik: $229
  • West Iceland Private Food Tour from Reykjavik: $723

Local Transportation

Public transportation tends to be much less expensive in Budapest than paying for a taxi or private car service, as is expected. Typically, people spend $10 on transportation in Budapest on average per day.

To get around in Reykjavik, the average visitor spends $41 per day, per person. This includes the costs of taxi rides and private drivers as well as public transportation, which tends to be much more affordable.


  • Local Transportation Taxis, local buses, subway, etc.
    Budapest $10
    Reykjavik $41
Typical Local Transportation prices in Budapest

Below are a few samples from actual travelers for transportation costs in Budapest:


  • Short Taxi Ride
    $8.50
  • Metro Pass
    $4.67

Hired Cars and Shuttles in Budapest

Also for Budapest, here are a few examples of actual transportation services:

  • Weekend in Private transfer and tours with official tour guide: $498
  • Vienna Transfer: $187
  • Transfer to Bucharest from Budapest: $311
  • Transfer in private vehicle from Budapest Ferenc Airport to Budapest City Center: $33
  • Transfer in private vehicle from Budapest City Center to Ferenc Liszt Airport: $33
  • Transfer in private minivan from Budapest Ferenc Airport to Budapest City Center: $43
  • Transfer in Private Minivan from Budapest City Center to Ferenc Liszt Airport: $43
  • Transfer from Budapest to Salzburg: Private sightseeing daytrip with 2 stops: $282
  • Transfer from Budapest to Prague: Private sightseeing daytrip with two stops: $274
  • Transfer from Budapest Airport to Koper: $321
  • Speed boat cruise on Budapest Danube river and private airport transfer package: $93
  • Sisi's Royal Palace tour with transfer: $145

Hired Cars and Shuttles in Reykjavik

Also for Reykjavik, here are a few examples of actual transportation services:

  • Luxurious Private Airport Transfer and Blue Lagoon | Included Premium Admission: $1,354
  • Private airport transfer with Blue lagoon stopover and lunar landscapes: $804
  • Luxury Private Transfers Reykjavik - Blue Lagoon - Keflavik Airport: $683
  • Private Blue Lagoon & Airport Transfer: $646
  • Luxury Private Transfers Keflavik Airport - Blue Lagoon - Reykjavik: $641
  • Private Transfer Blue Lagoon - Reykjavik city (with waiting time): $560
  • Airport transfer to or from Reykjavik with up to 3 hours stop in Blue Lagoon: $485
  • Golden Circle Private Tour & Blue Lagoon Private Transfer: $438
  • Private Reykjavík Round Trip Airport Transfer: $429
  • Private One-Way Airport Transfer To or From Keflavik Airport: $352
  • Luxury Private Transfers Reykjavik to Keflavik airport: $343
  • PrivateTransfer to Reykjavik KEF in Lux Van with 2 hour stop at Blue Lagoon: $314

Entertainment

Sightseeing expenses in Budapest, including the cost of admission tickets for day tours, museums, and attractions, usually cost an average of $22 per day, per person.

In Reykjavik, the costs for things to do, activities, admission tickets, and other sightseeing expenses are on average $65 per person, per day.


  • Entertainment Entrance tickets, shows, etc.
    Budapest $22
    Reykjavik $65
Typical Entertainment prices in Budapest

For Budapest, here are some examples of average entertainment and activity prices from previous travelers:


  • Entrance to the Baths for Two
    $8.34

Tours and Activities in Budapest

Also, here are some specific examples of entertainment, tickets, and activities for Budapest.

  • "This is the Way!" - Budapest Photo Tour by Birta Photo: $124
  • 'Best of Pest' 3.5 Hour Private Photography Tour: $112
  • 1 Hour 30 Minutes Downtown Budapest Guided Segway Tour: $93
  • 1. Downtown Pest Side Segway Tour Budapest: $54
  • 10 days private sightseeing tour from Budapest to Prague: $3,109
  • 101 things you have to see in Budapest - Full Day Private Tour: $203
  • 2 Hour Budapest Market and Tasting Tour: $54
  • 2 Hours Cultural and Food Experiences in Budapest: $60
  • 2 Hours Walking Tour in Budapest: $11
  • 2 days Vienna - Bratislava PRIVATE guided tour package from Budapest with lunch: $1,070
  • 2 days Vienna - Wachau Valley PRIVATE guided tour package from Budapest: $1,070
  • 2 hours long private orientation tour in Budapest: $101

Typical Entertainment prices in Reykjavik

Below are a few sample prices from actual travelers for Reykjavik's activities, tours, and tickets:


  • Art Museum
    $12
  • Wine and Spa
    $33

Tours and Activities in Reykjavik

For Reykjavik, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • 'Game of Thrones' Filming Locations Tour From Reykjavik: $126
  • (Private tour) 4 Days South Coast, Golden Circle & Snæfellsnes: $3,388
  • 1.5 Hour Midnight Sun Buggy Tour From Reykjavik: $160
  • 10-day Private tour of Iceland: Geysers & Glaciers: $13,561
  • 1hr ATV & Golden Circle Adventure from Reykjavik: $276
  • 1hr ATV Adventure & Caving from Reykjavik: $254
  • 1hr ATV Adventure & Helicopter Adventure Combination Tour from Reykjavik: $403
  • 1hr ATV Adventure & Rafting Tour from Reykjavik: $287
  • 1hr ATV Adventure & Whale Watching Combination Tour from Reykjavik: $248
  • 1hr ATV Reykjavik Peak Adventure: $143
  • 1hr ATV adventure & Northern lights Hunt from Reykjavik: $238
  • 1hr Buggy & Lava Caving Combination Tour from Reykjavik: $283

Alcohol

Alcoholic beverages can often be a significant portion of a traveler's budget, and the costs can vary greatly from person to person. In Budapest, the average amount that a visitor spends on alcoholic beverages per day is $16.

Typically, people visiting Reykjavik spend on average $25 on alcoholic beverages per person, per day.


  • Alcohol Drinks for one day
    Budapest $16
    Reykjavik $25

Sample the Local Flavors in Budapest

Also in Budapest, these are the prices for nightlife and alcohol related activities from various tour providers:

  • Bingo Bar Crawl: $15
  • Bingo Bar Crawl: $15
  • Ultimate Ruin Pub Crawl: $18
  • Generation Pub Crawl Budapest: $19
  • Ruin Pub Crawl - Your Keys to the Nightlife of Budapest: $21
  • Budapest Pub Crawl: $24
  • Pest side Pub Crawl - Unlimited drinks for an hour, discover hidden ruin pubs: $25
  • Re-opening Pub Crawls 2020 Summer-Autumn: $25
  • Budapest Pub Crawl with Skip-the-Line Access: $26
  • Epic Local Insider Pub Crawl in Budapest - Every weekend: $30
  • Party Cruise with Pub Crawl option: $37
  • Hungarian Wine Tasting (with Cheese and Charcuterie) in Budapest: $40

Typical Alcohol prices in Reykjavik

Some typical examples of the costs for nightlife and alcohol in Reykjavik are as follows:


  • Beer
    $9.93

Sample the Local Flavors in Reykjavik

Some specific costs for nightlife related activities in Reykjavik:

  • Private Reykjavik Pub Crawl: $181
  • Reykjavik Food & Wine Tour: $249


When we compare the travel costs of actual travelers between Budapest and Reykjavik, we can see that Reykjavik is more expensive. And not only is Budapest much less expensive, but it is actually a significantly cheaper destination. So, traveling to Budapest would let you spend less money overall. Or, you could decide to spend more money in Budapest and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Reykjavik would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Reykjavik than you might in Budapest.

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Budapest vs. Reykjavik Travel Comparison

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