CostTrek

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Budapest vs London

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 London, UK at a glance — London, UK is 104% more expensive than Budapest, HU overall. Median 1-bed rent runs about $2,600/mo versus $700/mo. Top income tax: 45% vs 15%.

$/ year

To keep the same standard of living in London, UK, you'd need

$153,027 / year

London, UK is 104% more expensive overall

Category breakdown (London, UK vs Budapest, HU)

  • Housing+174%
  • Food & groceries+74%
  • Transport+160%
  • Utilities+37%
  • Healthcare+60%
  • Goods & services+69%

◎ How Budapest, HU and London, UK compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Budapest, HULondon, UK

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

▤ Full comparison

Budapest, HULondon, UK
Cost of living
Overall cost index67138
Housing65178
Food68118
Transport50130
Utilities95130
Healthcare5588
Goods & services72122
Housing
Rent, 1-bed centre$700/mo$2,600/mo
Rent, 1-bed outside$520/mo$1,850/mo
Rent, 3-bed centre$1,350/mo$5,200/mo
Buy price / m² centre$3,200$16,000
Money & purchasing power
$1,000 goes as far as$1,484$727
Inexpensive meal$8$20
Monthly transit pass$30$200
Taxes
Income tax (top rate)15%45%
VAT / sales tax27%20%
Social security (employee)—8%
Corporate tax9%25%
Capital gains—24%
Economy & salaries
Avg net salary$900/mo$2,900/mo
Avg annual wage (OECD, PPP)$39,145✓$66,299✓
Minimum wage$1,050/mo✓$2,050/mo
GDP per capita$23,320✓$57,602✓
Inflation (annual)3.7%✓3.9%✓
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyModerateNative
Coworking spaces40250
Time zoneUTC+1UTC+0
Quality of life
Quality of life (overall)6768
Safety index7255
Healthcare index6074
Pollution index5060
Internet speed200 Mbps90 Mbps
Walkability8088
Public transport8292
Family-friendly6562
Tap waterSafe to drinkSafe to drink
Life expectancy77 yr✓81 yr✓
LGBTQ+ acceptanceLowHigh
Climate
January avg0 °C+5 °C
July avg+22 °C+19 °C
Sunny days / year200106
Rainfall / year520 mm690 mm
Connectivity
Flight to nearest hub1.5 h1 h

Taxes & Economy & salaries: Hungary vs United Kingdom. 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 London — in your currency

BudapestLondon
1-bed rent, city centre$700$2,600
1-bed rent, outside centre$520$1,850
Inexpensive meal$8$20
Monthly transit pass$30$200
Utilities (monthly)$190$260

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 London

Europe's financial capital — unmatched jobs, culture and connections, paid for with some of the highest rents on the continent.

Currency
Pound sterling (£ GBP)
Languages
English
Time zone
UTC+0
Internet
90 Mbps
English
Native language
Safety
55/100
Climate
❄ 5°C · ☀ 19°C · 106 sunny days/yr
Tap water
Safe to drink
Power
G · 230V
Driving
Left-hand side
Popular areas
Shoreditch · Camden · Clapham

? Frequently asked questions

Moving from Budapest to London: cheaper or more expensive?

Moving from Budapest to London, your cost of living will be roughly 104% more expensive. London’s cost-of-living index is 138 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 London?

London is about 104% more expensive than Budapest overall — its cost-of-living index is 138 versus 67 for Budapest.

Which is more expensive, Budapest or London?

London is more expensive than Budapest. Its cost-of-living index is 138 vs 67 (US = 100) — about 106% higher.

Is rent cheaper in Budapest or London?

Rent is cheaper in Budapest — about $700/month for a one-bedroom in the city centre, vs $2,600 in London.

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

To keep the same standard of living, a $75,000 salary in Budapest is worth about $153,027 in London. Enter your own figure in the calculator above.

Which has lower taxes, Budapest or London?

Hungary has the lower top income-tax rate — 15% versus 45% in United Kingdom.

◷ 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.