✦ Compare
Budapest vs
Minneapolis
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
To keep the same standard of living in Minneapolis, MN, you'd need
$115,878 / year
Minneapolis, MN is 55% more expensive overall
Category breakdown (Minneapolis, MN vs Budapest, HU)
- Housing+68%
- Food & groceries+49%
- Transport+106%
- Utilities+1%
- Healthcare+91%
- Goods & services+43%
Median 1-bed rent
$700 /mo
Budapest, HU overview →
Median 1-bed rent
$1,450 /mo
Minneapolis, MN overview →
▤ Full comparison
| Budapest, HU | Minneapolis, MN | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 67 | 104 |
| Housing | 65 | 109 |
| Food | 68 | 101 |
| Transport | 50 | 103 |
| Utilities | 95 | 96 |
| Healthcare | 55 | 105 |
| Goods & services | 72 | 103 |
| Housing | ||
| Rent, 1-bed centre | $700/mo | $1,450/mo |
| Rent, 1-bed outside | $520/mo | $1,150/mo |
| Rent, 3-bed centre | $1,350/mo | $2,600/mo |
| Buy price / m² centre | $3,200 | $3,800 |
| Money & purchasing power | ||
| $1,000 goes as far as | $1,484 | $960 |
| Inexpensive meal | $8 | $18 |
| Monthly transit pass | $30 | $96 |
| Taxes | ||
| Income tax (top rate) | 15% | 37% |
| VAT / sales tax | 27% | 0% |
| Social security (employee) | — | 7.7% |
| Corporate tax | 9% | 21% |
| Capital gains | — | 20% |
| Economy & salaries | ||
| Avg net salary | $900/mo | $4,300/mo |
| Minimum wage | $700/mo | $1,257/mo |
| GDP per capita | $23,320 | $90,027 |
| Inflation (annual) | 3.7% | — |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | No |
| English proficiency | Moderate | Native |
| Coworking spaces | 40 | 40 |
| Time zone | UTC+1 | UTC-6 |
| Quality of life | ||
| Safety index | 72 | 55 |
| Healthcare index | 60 | 82 |
| Pollution index | 50 | 35 |
| Internet speed | 200 Mbps | 200 Mbps |
| Walkability | 80 | 70 |
| Public transport | 82 | 58 |
| Family-friendly | 65 | 70 |
| Tap water | Safe to drink | Safe to drink |
| Health insurance | — | $450/mo |
| Life expectancy | 77 yr | 79 yr |
| LGBTQ+ acceptance | Low | High |
| Climate | ||
| January avg | 0 °C | -8 °C |
| July avg | +22 °C | +23 °C |
| Sunny days / year | 200 | 198 |
| Rainfall / year | 520 mm | 800 mm |
| Connectivity | ||
| Flight to nearest hub | 1.5 h | 1.5 h |
Taxes & Economy & salaries: Hungary vs United States. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
? Frequently asked questions
Moving from Budapest to Minneapolis: cheaper or more expensive?
Moving from Budapest to Minneapolis, your cost of living will be roughly 55% more expensive. Minneapolis’s cost-of-living index is 104 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 Minneapolis?
Minneapolis is about 55% more expensive than Budapest overall — its cost-of-living index is 104 versus 67 for Budapest.
How much do you need to earn in Minneapolis to live like in Budapest?
To keep the same standard of living, a $75,000 salary in Budapest is worth about $115,878 in Minneapolis. Enter your own figure in the calculator above.
Which has lower taxes, Budapest or Minneapolis?
Hungary has the lower top income-tax rate — 15% versus 37% in United States.
◷ More comparisons from Budapest
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.