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Cost of Living in Budapest

Hungary • Pop: 1.8M

Budapest offers stunning architecture and thermal baths at very low costs.

Thermal bathsBeautiful architectureVery affordableGrowing startup scene
Cost
Index
45
Rent
Index
35
Avg Net Salary
$1,350/mo

Cost Breakdown vs NYC (Index 100)

Overall Cost
45
55% cheaper
Rent
35
65% cheaper
Groceries
48
52% cheaper
Restaurants
42
58% cheaper
Transport
52
48% cheaper
Utilities
58
42% cheaper

Salary Equivalence

How much you'd need to earn in Budapest to match a NYC salary

NYC SalaryEquivalent in BudapestDifference
$50,000$22,500Save $27,500
$75,000$33,750Save $41,250
$100,000$45,000Save $55,000
$125,000$56,250Save $68,750
$150,000$67,500Save $82,500
$200,000$90,000Save $110,000

Living in Budapest: What to Expect

Budapest has a cost of living index of 45, meaning it is 55% cheaper than NYC in overall living costs.

The average net monthly salary in Budapest is approximately Ft650,000 ($1,350 when converted to USD).

Cost Breakdown

  • Rent: Index of 35
  • Groceries: Index of 48
  • Restaurants: Index of 42
  • Transport: Index of 52
  • Utilities: Index of 58

Key highlights: Thermal baths, Beautiful architecture, Very affordable, Growing startup scene.

Use our US salary calculator to see your take-home pay, or compare with other cities.