Cost of living and prices in Budapest, prices of food, rent, shopping, etc. 🇭🇺
Updated Jul 2023

Budapest, Hungary is a beautiful city located in Eastern Europe, offering a high quality of life at an affordable cost. With an average monthly cost of living around 500-600 EUR for a single person, Budapest is an attractive destination for international students and digital nomads looking for a new home.

In addition to its affordable cost of living, Budapest offers a rich cultural experience with its stunning architecture, thermal baths, and delicious cuisine. The city also has a thriving nightlife scene and a variety of outdoor activities, making it the perfect destination for both tourists and long-term residents.

Overall, Budapest is a great place to live or visit for those who are seeking a unique and affordable European experience. With its friendly locals, beautiful surroundings, and high quality of life, it's no wonder that Budapest has become a top destination for travelers and expats alike.

Cost of Living Estimate in Budapest

Total cost of living in Budapest for two person with average consumption for one month will be 871.72 USD, no rent price included. Click here to calculate cost-of-living estimate in Budapest

You can calculate cost of living in Budapest by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Budapest, Hungary is a foodie’s paradise with plenty of mouth-watering restaurants and eating options to explore. Be it traditional Hungarian dishes, international cuisine, or fusion foods, Budapest has it all. From stylish fine-dining restaurants to cozy bistros and street food vendors, there’s something for everyone in Budapest. One of the highlights of dining in Budapest is the use of fresh, locally-sourced ingredients, making the food not just delicious but also healthy and sustainable. Whether you’re looking for an affordable meal or a luxurious dining experience, Budapest offers a wide range of options to cater to all budgets.

If you’re traveling to Budapest, you must try some of the local specialties such as goulash, chimney cake, langos, and strudel. These traditional dishes are a must-try, and you can find them in many places across the city. Budapest is also famous for its vibrant street food scene, with food trucks and market stalls offering delicious snacks and meals all day long. For those looking for an upscale dining experience, Budapest has plenty of Michelin-starred restaurants and trendy rooftop bars. With so many different eating options, Budapest truly offers a gastronomic adventure that’s not to be missed.

Meal in Inexpensive Restaurant
6.79 $
Meal for 2 People, Mid-range Restaurant, Three-course
40.71 $
McMeal at McDonalds or Alternative Combo Meal
5.43 $
Domestic Beer, 0.5 liter Draught
1.70 $
Imported Beer, 0.33 liter Bottle
2.02 $
1.68 $
Coca-Cola, 0.33 liter Bottle
1.17 $

Markets prices

Budapest, Hungary is known for its vibrant and diverse market scene. From traditional farmers markets to trendy street food markets, there is something for every taste and budget. Prices in the markets can vary depending on the type of product, season, and location of the market. However, overall, the cost of food and goods in Budapest’s markets tends to be more affordable compared to other cities in Europe. Visitors can easily find locally-grown fruits and vegetables, traditional Hungarian specialties, and unique souvenirs within a reasonable price range.

Despite being a popular tourist destination, Budapest’s markets remain authentic and unadulterated. The vendors take pride in selling high-quality products at reasonable prices and are always ready to haggle if needed. Additionally, the markets serve as a great way to experience Hungarian culture and traditions. Visitors can sample local delicacies, interact with vendors, and learn about the history of the products sold in the markets. Overall, the markets in Budapest offer not only affordable prices but also a unique and memorable experience to all who visit them.

Water, 0.33 liter Bottle
0.92 $
Milk, Regular,1 liter
0.86 $
Loaf of Fresh White Bread, 0.5 kg
0.87 $
White Rice, 1 kg
1.32 $
Eggs, 12 pack
1.94 $
Local Cheese, 1 kg
7.18 $
Chicken Breasts, Boneless and Skinless, 1 kg
5.16 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.06 $
Apples, 1 kg
1.66 $
Banana, 1 kg
1.52 $
Oranges, 1 kg
1.81 $
Tomato, 1 kg
1.88 $
Potato, 1 kg
0.95 $
Onion, 1 kg
1.01 $
Lettuce, 1 head
1.15 $
Water, 1.5 liter Bottle
0.40 $
Bottle of Wine, Mid-Range Price
5.09 $
Domestic Beer, 0.5 liter Bottle
0.91 $
Imported Beer, 0.33 liter Bottle
1.30 $
Pack of Cigarettes
5.09 $

Transportation prices

When visiting Budapest, there are several transportation options to explore the beautiful city. One of the most popular choices is the metro system, which is clean, efficient, and well-connected. Budapest's metro system runs from early morning to late at night, making it convenient for exploring the city throughout the day and into the evening. Trams and buses are also available, offering visitors a fantastic opportunity to see the sights and landmarks of the city while enjoying a comfortable ride.

For those who prefer a more leisurely pace, cycling is a fantastic option. Budapest is a bike-friendly city, with many bike rental services available at affordable prices. Cycling allows visitors to explore the city at their own pace while enjoying the beautiful scenery and fresh air. Walking is also another exciting option as Budapest's city center is compact and easy to navigate on foot. Whether taking the metro, bus, tram, cycling, or walking, travelers are sure to discover the city's hidden gems while taking in the cultural vibes of Budapest.

One-way Ticket, Local Transport
1.19 $
Monthly Pass, Regular Price
32.23 $
Taxi Start, Normal Tariff
2.37 $
Taxi, price for 1 km, Normal Tariff
1.02 $
Taxi, price for 1 hour Waiting, Normal Tariff
15.27 $
Gasoline, 1 liter
1.27 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
22,221.92 $

Utilities Per Month prices

Budapest, Hungary has an affordable cost of living compared to other European cities. Utility costs, such as electricity, gas, and water, are reasonably priced and cost much less than in many other major European cities. On average, the monthly utility bills in Budapest are lower than in London, Paris, Berlin, and Vienna.

While utility costs in Budapest are affordable, it is important to note that the buildings in Budapest are older and less energy-efficient than in other European cities. This means that heating costs during the winter can be higher than expected, especially if you are staying in an older building. However, many newer apartments and hotels in Budapest are energy-efficient and offer modern amenities, making them a comfortable and affordable option for travelers.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
169.20 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.09 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
15.85 $

Sports And Leisure prices

Budapest offers a variety of sports and leisure activities for visitors seeking an active vacation. The city is known for its thermal baths, which are sure to provide a relaxing experience for those looking to unwind. There are also several parks throughout the city that are great for picnics or jogging. For those looking for more adrenaline-inducing activities, there are opportunities to go rock climbing and zip-lining. Additionally, the Danube River provides the perfect setting for kayaking or stand-up paddleboarding. Whether you're looking for relaxation or adventure, Budapest has something to offer everyone.

Sports fans can also find plenty to enjoy in Budapest. The city is home to several professional sports teams, including the popular soccer club, Ferencvaros. There are also opportunities to catch tennis and basketball matches throughout the year. For those who prefer to participate in sports rather than just watch, there are plenty of gyms and fitness centers around the city, as well as yoga and Pilates studios. Overall, Budapest is a great destination for anyone looking to mix leisure, sports, and culture.

Fitness Club, Monthly Fee for 1 Adult
44.23 $
Tennis Court Rent, 1 Hour on Weekend
14.23 $

Salaries And Financing prices

Budapest, Hungary is a city that offers a relatively low cost of living, which can provide ample opportunities for travelers looking to capitalize on their budgets. Salaries in Budapest are generally lower than in other European cities, and the cost of living is correspondingly lower as well. This means that travelers can spend more of their budget on experiences and activities rather than on living expenses.

Financing options in Budapest are plentiful, and travelers can access banking services easily and efficiently. The city has a number of banks and ATMs, and most places accept credit and debit cards. Additionally, there are a number of currency exchange kiosks located throughout the city that offer competitive exchange rates. For those looking to save on financing, it may be beneficial to withdraw cash and use it for transactions as many businesses offer discounts for cash payments.

Cinema ticket, 1 Seat
6.45 $
Average Monthly Net Salary, After Tax
986.11 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.9 %

Childcare prices

Childcare prices in Budapest, Hungary are generally affordable compared to other European cities. Parents have several options for childcare including schools and Kindergartens. The prices of schools and Kindergartens vary based on several factors such as location, facilities, quality of education, and services offered.

For families on a budget, there are several low-cost Kindergartens available. These establishments may have limited facilities, but they provide basic childcare services. Schools and Kindergartens with more facilities and higher-quality education may have higher prices. However, many parents find that the quality of care and education offered by higher-priced schools is worth the investment.

Private Preschool or Kindergarten, Monthly for 1 Child
369.68 $
International Primary School, Yearly for 1 Child
9,028.31 $

Clothing And Shoes prices

If you're looking to buy clothes or shoes in Budapest, you're in luck! There are plenty of options available for all sorts of styles and budgets. From trendy boutiques to well-known brands, you're sure to find something that suits your taste. You can also find second-hand shops offering unique items at great prices, or visit the local markets and artisanal fairs for some handmade treasures. No matter what you're looking for, Budapest has something to offer for everyone's style and budget.

When it comes to shopping for clothes and shoes in Budapest, you can easily find them in shopping malls or on popular shopping streets. The city center is home to several malls with plenty of stores to choose from, while the streets surrounding Váci utca are lined with luxury brands. If you're looking for something more budget-friendly, you can check out the shops in the districts beyond the center of the city. There are also several outlet stores around the Budapest area, where you can find great deals on name-brand products. No matter where you decide to shop, Budapest has plenty of options for fashion-conscious shoppers.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
70.75 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
31.30 $
Pair of Running Shoes, Mid-Range Price
78.37 $
Pair of Leather Business Shoes
92.51 $

Rent Per Month prices

If you're planning a trip to Budapest, there are plenty of short-term rent options available to suit your lifestyle and budget. From apartments to guest rooms and shared spaces, you can find a variety of choices online. You can expect to find short stay options that vary in size, location, and amenities. Depending on your preference, you can choose between modern and traditional styles, ranging from budget to luxury. With so many affordable options, short-term stays in Budapest have never been easier or more comfortable.

Perhaps the most appealing aspect of short stays is the flexibility they offer. Short-term options are ideal for travelers who need to stay somewhere for a brief period, but also for those who are still exploring their options and would like to try out different neighborhoods before settling down. Additionally, short-term rentals in Budapest provide a unique opportunity to live like a local. Whether you're looking for a cozy flat in the city center or a spacious apartment with stunning views of the Danube River, there are short stay options to suit everyone's taste and budget.

One bedroom apartment in city centre
534.60 $
One bedroom apartment outside of city centre
405.26 $
Three bedroom apartment in city centre
987.48 $
Three bedroom apartment outside of city centre
711.16 $

Buy Apartment prices

Budapest, Hungary is known for its beautiful architecture and rich history, which makes it a great city for real estate investment. There are various buying options available for those interested in purchasing a property in Budapest. From apartments to houses, there is a wide range of real estate available for sale. Buyers can choose between new and old buildings, as well as renovated or unrenovated properties. The prices vary depending on the location, type, and condition of the property.

For those looking to invest in real estate in Budapest, there are neighborhoods that are considered more expensive than others. The city center is known to be the most expensive area, which is not surprising considering the historic landmarks and attractions located in that area. However, there are other neighborhoods such as Buda and Pest that offer more affordable options for buyers. Overall, the prices for real estate in Budapest are reasonable in comparison to other European cities, making it an attractive location for those who want to own a piece of property in Europe.

Price per m2 to Buy Apartment in City Center
3,486.29 $
Price per m2 to Buy Apartment Outside of City Center
2,316.40 $