CostTrek

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Budapest vs Lisbon

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

Budapest, HU vs Lisbon, PT at a glance — Lisbon, PT is 43% more expensive than Budapest, HU overall. Median 1-bed rent runs about $1,300/mo versus $700/mo. Top income tax: 48% vs 15%.

$/ year

To keep the same standard of living in Lisbon, PT, you'd need

$107,520 / year

Lisbon, PT is 43% more expensive overall

Category breakdown (Lisbon, PT vs Budapest, HU)

  • Housing+82%
  • Food & groceries+35%
  • Transport+40%
  • Utilities+5%
  • Healthcare+36%
  • Goods & services+28%

◎ How Budapest, HU and Lisbon, PT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Budapest, HULisbon, PT

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

▤ Full comparison

Budapest, HULisbon, PT
Cost of living
Overall cost index6797
Housing65118
Food6892
Transport5070
Utilities95100
Healthcare5575
Goods & services7292
Housing
Rent, 1-bed centre$700/mo$1,300/mo
Rent, 1-bed outside$520/mo$950/mo
Rent, 3-bed centre$1,350/mo$2,400/mo
Buy price / m² centre$3,200$6,000
Money & purchasing power
$1,000 goes as far as$1,484$1,035
Inexpensive meal$8$12
Monthly transit pass$30$45
Taxes
Income tax (top rate)15%48%
VAT / sales tax27%23%
Corporate tax9%21%
Capital gains—28%
Economy & salaries
Avg net salary$900/mo$1,300/mo
Avg annual wage (OECD, PPP)$39,145✓$44,937✓
Minimum wage$1,050/mo✓$1,244/mo✓
GDP per capita$23,320✓$32,082✓
Inflation (annual)3.7%✓2.3%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateModerate
Coworking spaces4060
Time zoneUTC+1UTC+0
Quality of life
Quality of life (overall)6775
Safety index7268
Healthcare index6076
Pollution index5040
Internet speed200 Mbps200 Mbps
Walkability8082
Public transport8278
Family-friendly6566
Tap waterSafe to drinkSafe to drink
Life expectancy77 yr✓82 yr✓
LGBTQ+ acceptanceLowHigh
Climate
January avg0 °C+11 °C
July avg+22 °C+23 °C
Sunny days / year200260
Rainfall / year520 mm725 mm
Connectivity
Flight to nearest hub1.5 h1 h

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

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

Cost of living: Budapest vs Lisbon — in your currency

BudapestLisbon
1-bed rent, city centre$700$1,300
1-bed rent, outside centre$520$950
Inexpensive meal$8$12
Monthly transit pass$30$45
Utilities (monthly)$190$120

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

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

Good to know before you move to Lisbon

Sunny, hilly and the poster child for the digital-nomad wave — locals feel priced out as rents climb.

Currency
Euro (€ EUR)
Languages
Portuguese
Time zone
UTC+0
Internet
200 Mbps
English
Fairly common
Safety
68/100
Climate
❄ 11°C · ☀ 23°C · 260 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Alfama · Príncipe Real · Alcântara

? Frequently asked questions

Moving from Budapest to Lisbon: cheaper or more expensive?

Moving from Budapest to Lisbon, your cost of living will be roughly 43% more expensive. Lisbon’s cost-of-living index is 97 versus 67 for Budapest (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Budapest cheaper than Lisbon?

Lisbon is about 43% more expensive than Budapest overall — its cost-of-living index is 97 versus 67 for Budapest.

Which is more expensive, Budapest or Lisbon?

Lisbon is more expensive than Budapest. Its cost-of-living index is 97 vs 67 (US = 100) — about 45% higher.

Is rent cheaper in Budapest or Lisbon?

Rent is cheaper in Budapest — about $700/month for a one-bedroom in the city centre, vs $1,300 in Lisbon.

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

To keep the same standard of living, a $75,000 salary in Budapest is worth about $107,520 in Lisbon. Enter your own figure in the calculator above.

Which has lower taxes, Budapest or Lisbon?

Hungary has the lower top income-tax rate — 15% versus 48% in Portugal.

◷ More comparisons from Budapest

How we calculate these figures →

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