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Austin vs Budapest

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Austin, TX vs Budapest, HU at a glance — Budapest, HU is 31% cheaper than Austin, TX overall. Median 1-bed rent runs about $700/mo versus $1,650/mo. Top income tax: 15% vs 37%.

$/ year

To keep the same standard of living in Budapest, HU, you'd need

$51,711 / year

Budapest, HU is 31% cheaper overall

Category breakdown (Budapest, HU vs Austin, TX)

  • Housing-40%
  • Food & groceries-25%
  • Transport-47%
  • Utilities+3%
  • Healthcare-40%
  • Goods & services-23%

◎ How Austin, TX and Budapest, HU compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Austin, TXBudapest, HU

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Austin, TXBudapest, HU
Cost of living
Overall cost index9867
Housing10965
Food9168
Transport9450
Utilities9295
Healthcare9155
Goods & services9472
Housing
Rent, 1-bed centre$1,650/mo$700/mo
Rent, 1-bed outside$1,300/mo$520/mo
Rent, 3-bed centre$3,000/mo$1,350/mo
Buy price / m² centre$5,000$3,200
Money & purchasing power
$1,000 goes as far as$1,023$1,484
Inexpensive meal$17$8
Monthly transit pass$42$30
Taxes
Income tax (top rate)37%15%
VAT / sales tax0%27%
Social security (employee)7.7%—
Corporate tax21%9%
Capital gains20%—
Economy & salaries
Avg net salary$4,300/mo$900/mo
Avg annual wage (OECD, PPP)$86,977✓$39,145✓
Minimum wage$1,257/mo✓$1,050/mo✓
GDP per capita$90,027✓$23,320✓
Inflation (annual)—3.7%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces6040
Time zoneUTC-6UTC+1
Quality of life
Quality of life (overall)6167
Safety index5872
Healthcare index7660
Pollution index4050
Internet speed200 Mbps200 Mbps
Walkability4280
Public transport4082
Family-friendly6565
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo—
Life expectancy79 yr✓77 yr✓
LGBTQ+ acceptanceHighLow
Climate
January avg+11 °C0 °C
July avg+30 °C+22 °C
Sunny days / year228200
Rainfall / year870 mm520 mm
Connectivity
Flight to nearest hub1.5 h1.5 h

Taxes & Economy & salaries: United States vs Hungary. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (OECD (PPP), US DOL (federal), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Austin vs Budapest — in your currency

AustinBudapest
1-bed rent, city centre$1,650$700
1-bed rent, outside centre$1,300$520
Inexpensive meal$17$8
Monthly transit pass$42$30
Utilities (monthly)$170$190

Converted from USD at approximate rates (2026-09).

Good to know before you move to Austin

Texas's tech boomtown — no state income tax, live music and warmth, though prices have caught up fast.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
58/100
Climate
❄ 11°C · ☀ 30°C · 228 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Downtown · East Austin · South Congress

Good to know before you move to Budapest

Grand Habsburg boulevards, thermal baths and ruin bars split by the Danube — one of the EU's best-value capitals, with a flat 15% tax and the White Card pulling in a fast-growing nomad crowd.

Currency
Hungarian forint (Ft HUF)
Languages
Hungarian
Time zone
UTC+1
Internet
200 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 0°C · ☀ 22°C · 200 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
District VII · District V · District XIII · Buda Hills

? Frequently asked questions

Moving from Austin to Budapest: cheaper or more expensive?

Moving from Austin to Budapest, your cost of living will be roughly 31% cheaper. Budapest’s cost-of-living index is 67 versus 98 for Austin (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Austin cheaper than Budapest?

Budapest is about 31% cheaper than Austin overall — its cost-of-living index is 67 versus 98 for Austin.

Which is more expensive, Austin or Budapest?

Austin is more expensive than Budapest. Its cost-of-living index is 98 vs 67 (US = 100) — about 46% higher.

Is rent cheaper in Austin or Budapest?

Rent is cheaper in Budapest — about $700/month for a one-bedroom in the city centre, vs $1,650 in Austin.

How much do you need to earn in Budapest to live like in Austin?

To keep the same standard of living, a $75,000 salary in Austin is worth about $51,711 in Budapest. Enter your own figure in the calculator above.

Which has lower taxes, Austin or Budapest?

Hungary has the lower top income-tax rate — 15% versus 37% in United States.

◷ More comparisons from Austin

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.