Cost of Living in Budapest, Hungary
Hungary · Europe
Cost of Living in Budapest: Quick Answer
The average cost of living in Budapest, Hungary is approximately $1,500 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 48, using New York City as the 100-point benchmark.
$1,500
Monthly Cost
avg/person
48
Cost Index
NYC = 100
44
Rent Index
NYC = 100
78
Quality of Life
Good
68
Safety Index
Good
1.7M
Population
HUF
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $7 |
| Meal for 2 (mid-range) | $28 |
| McMeal at McDonald's | $7 |
| Domestic Beer (0.5L) | $2 |
| Imported Beer (0.33L) | $2.5 |
| Cappuccino | $2 |
| Coke/Pepsi (0.33L) | $1.8 |
| Water (0.33L) | $1.2 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $0.9 |
| Bread (500g) | $1 |
| Rice (1kg) | $1.2 |
| Eggs (12) | $2.2 |
| Chicken (1kg) | $5.5 |
| Beef (1kg) | $9 |
| Apples (1kg) | $1.2 |
| Banana (1kg) | $0.9 |
| Tomato (1kg) | $1.5 |
| Potato (1kg) | $0.7 |
| Onion (1kg) | $0.6 |
| Water (1.5L) | $0.6 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $1 |
| Monthly Pass | $25 |
| Taxi 1km | $1.2 |
| Gasoline (1L) | $1.6 |
| Volkswagen Golf | $25000 |
| Toyota Corolla | $20000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $170 |
| Mobile Plan | $12 |
| Internet (60 Mbps) | $18 |
| Fitness Club/month | $30 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $850/mo |
| 1BR Outside | $580/mo |
| 3BR Center | $1,800/mo |
| 3BR Outside | $1,100/mo |
| Price/m² Center | $4,000/m² |
| Price/m² Outside | $2,500/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $1400 |
| Mortgage Interest Rate | 7.5% |
Cost of Living in Budapest: Complete Guide
The cost of living in Budapest, Hungary, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,500. The city's cost of living index is 48, compared with a New York City benchmark of 100.
Monthly Expenses in Budapest
A typical monthly budget in Budapest includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Budapest
A one-bedroom apartment outside the city center costs approximately $580 per month, while a one-bedroom apartment in the city center costs around $850. A three-bedroom apartment in the center averages $1,800 per month.
Average Salary in Budapest
The average net salary in Budapest is approximately $1,400 per month. Purchasing power is rated 64out of 100.
Is Budapest Expensive to Live In?
With a cost of living index of 48,Budapest is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Budapest
Safety
Budapest has a safety score of 68/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Budapest is rated 76/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Budapest is 58/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Budapest has a purchasing power score of 64/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Budapest
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Budapest should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Budapest fits their monthly budget.
Is Budapest Affordable?
Affordability depends on income and housing choices. The cost index of 48provides a useful benchmark when comparing Budapest with other cities.
Key Cost of Living Facts for Budapest
- Average Monthly Cost
- $1,500
- Cost Index
- 48
- Rent Index
- 44
- Average Net Salary
- $1,400
- Quality of Life
- 78/100
- Safety
- 68/100
- Healthcare
- 76/100
- Currency
- HUF
Frequently Asked Questions About Budapest
What is the cost of living in Budapest?
The estimated cost of living in Budapest, Hungary, is approximately $1,500 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Budapest?
A one-bedroom apartment outside the center costs approximately $580 per month, while a one-bedroom apartment in the center costs about $850.
Is Budapest expensive to live in?
Budapest has a cost index of 48 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Budapest?
The average net salary in Budapest is approximately $1,400 per month.
Is Budapest good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Budapest is suitable for relocation.