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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 London (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 London salary

London SalaryEquivalent in BudapestDifference
£30,000£13,500Save £16,500
£40,000£18,000Save £22,000
£50,000£22,500Save £27,500
£60,000£27,000Save £33,000
£75,000£33,750Save £41,250
£100,000£45,000Save £55,000

Living in Budapest: What to Expect

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

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

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