CostTrek

Cost of living

Budapest

Budapest, Hungary

67
Overall cost index
US = 100
$700
Median 1-bedroom rent
33%
33% below the US average

In plain terms: Budapest is about 33% cheaper than a typical US city. A one-bedroom in the centre runs around $700/month.

Cities in Hungary

Category breakdown

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

  • Housing6535%
  • Food & groceries6832%
  • Transport5050%
  • Utilities955%
  • Healthcare5545%
  • Goods & services7228%

About

Pearl of the Danube

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 · HUF
Languages
Hungarian
Coordinates
47.50, 19.04
Emergency
112

What things cost

1-bed, city centre$700 /mo
1-bed, outside centre$520 /mo
Inexpensive meal$8
Cappuccino$2.5
Monthly transit pass$30
Utilities (85 m²)$190 /mo
Internet, 100 Mbps$18 /mo

Housing

Rent, 1-bed centre$700 /mo
Rent, 1-bed outside centre$520 /mo
Rent, 3-bed centre$1,350 /mo
Buy price, centre$3,200 /m²
Buy price, outside centre$2,000 /m²

Taxes

15%

Income tax

flat

27%

VAT / sales

9%

Corporate

$900

Avg net salary

per month

9% corporate tax is the lowest in the EU.

Visas & residency

A flat 15% income tax and the White Card digital-nomad residence permit.

Schengen 90/180 for many passports.

White Carddigital-nomad

Remote workers, ~$3,000/mo income.

Work Permitwork
Residence Permitresidence

Permanent residence after ~3 yrs. Citizenship after ~8 yrs.

Quality of life

Safety

72/100

Healthcare

60/100

Pollution

50/100

Internet

200 Mbps

Jan avg

0 °C

Jul avg

+22 °C

Sunny days

200/yr

Walkability

80/100

Public transit

82/100

Family-friendly

65/100

Living there

English spoken
Moderate
Expat community
Large
Coworking spaces
40
Tap water
Safe to drink

Popular areas

District VIIDistrict VDistrict XIIIBuda Hills

Relocation & documents

Where to look

Coming soon
RentIngatlan.comBuyIngatlan.comFlightsSkyscannerInsuranceSafetyWingCoworkingKaptár

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Taxes: national tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in Budapest, HU?

Budapest, HU's cost-of-living index is 67 (US average = 100) — about 33% cheaper than a typical US city. A one-bedroom apartment in the centre costs around $700 per month.

What are the average living costs in Budapest, HU?

Living costs in Budapest, HU are about 33% cheaper than the US average — its cost-of-living index is 67 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $700. See the category breakdown above for where the money goes.

What is the average rent in Budapest, HU?

A one-bedroom in the city centre averages about $700 per month, and around $520 outside the centre.

What taxes would I pay in Hungary?

Hungary has a top income-tax rate of 15% and a VAT or sales tax of 27%. See the taxes section above for the full breakdown.

What is the weather like in Budapest, HU?

Budapest, HU averages around 0 °C in January and +22 °C in July, with roughly 200 sunny days a year.

Is Budapest, HU safe?

Budapest, HU scores 72 out of 100 on our safety index, where higher means safer.

Compare Budapest with…

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