🇭🇺 Hungary · #304 of 538 cities · 2026

Cost of Living in Budapest

3.6% above the Hungary average

Ranked #304 of 538 cities · More expensive than 43.5% of cities worldwide

Compared to Hungary average

Rent Prices

Rent Prices in Budapest

Apartment City Centre Outside Centre You Save
1-Bedroom HUF 278,387/mo ≈ $904 HUF 212,963/mo ≈ $692 24%
3-Bedroom HUF 525,502/mo ≈ $1,707 HUF 402,273/mo ≈ $1,307 24%
Numbeo · 2026-03-18

Multi-Source Comparison

★★★ High Confidence

Budapest has a composite cost index of 29.5 from 3 independent data sources.

29.5
Composite
3
Sources
0.5
Spread

Source Values (NYC = 100)

Numbeo
30.0
Expatistan
29.5
LivingCost
No data
SIM
31.4
Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
61.0

Based on 61 country PLI x 1 city factor

View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
+3.6% Average
Rent
+5.4% Average
Groceries
+0.1% Average
Restaurants
+6.5% Average
Purchasing Power
+12.3% Strong

Living in Budapest: What to Expect

Budapest is average by global standards (ranked #304 of 538 cities). It is 3.6% more expensive than the Hungary average, based on 4 cities.

Groceries are average, while dining out is average. Groceries offers the best value, while Restaurants is the priciest.

Local purchasing power is strong — residents can afford more goods and services than in most cities.

Workers in Hungary earning HUF 17,758,843 gross take home HUF 984,136/month after tax (33.5% effective rate). See full Hungary tax calculator →

Similar Cities

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