🇭🇺 Hungary · #273 of 546 cities · 2026

Cost of Living in Budapest

4.7% above the Hungary average

Ranked #273 of 546 cities · More expensive than 50% 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 ≈ $902 HUF 212,963/mo ≈ $690 24%
3-Bedroom HUF 525,502/mo ≈ $1,704 HUF 402,273/mo ≈ $1,304 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
+4.7% Average
Rent
+6.4% Average
Groceries
+0.9% Average
Restaurants
+8.9% Expensive
Purchasing Power
+7.2% Average

Living in Budapest: What to Expect

Budapest is average by global standards (ranked #273 of 546 cities). It is 4.7% more expensive than the Hungary average, based on 4 cities.

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

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

Workers in Hungary earning HUF 17,656,481 gross take home HUF 978,463/month after tax (33.5% effective rate). See full Hungary tax calculator →

Similar Cities

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