Last update: Oct 2026

Cost of Living Comparison Between Abeokuta and Budapest

For one person, living is cheaper in Abeokuta: $1,134 a month against $1,619 in Budapest, rent and utilities included – about $5,800 less a year. The total is higher in Budapest despite lower rent and utilities.

55

Cost of Living Index in Abeokuta
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Abeokuta Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Abeokuta

🇳🇬 Nigeria

$1,134

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

How much you'll spend in Abeokuta and in Budapest

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Abeokuta and in Budapest actually costs, broken down by who's living it.

A single person spends $1,134 per month in Abeokuta vs $1,619 in Budapest, rent included.

Abeokuta $1,134
Budapest $1,619

A couple spends around $1,409 per month in Abeokuta vs $2,524 in Budapest, rent included.

Abeokuta $1,409
Budapest $2,524

A family of three spends $1,684 per month in Abeokuta vs $3,429 in Budapest, rent included.

Abeokuta $1,684
Budapest $3,429

Abeokuta is about 30% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

Abeokuta sits 16% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$3.88 ₦5,160

$13.94 Ft 4,503

-72.17%

Three-Course Dinner for Two, Mid-Range

$49.98 ₦66.5K

$61.2 Ft 19.8K

-18.36%

Fast Food Meal (McDonalds, etc)

$7.52 ₦10.0K

$10.19 Ft 3,291

-26.20%

Cappuccino

$2.76 ₦3,672

$3.26 Ft 1,055

-15.34%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.27 ₦362

$2.14 Ft 690

-87.38%

Water (0.33 liter bottle)

$0.11 ₦150

$1.78 Ft 577

-93.82%

Local Beer (0.5 liter draught)

$0.47 ₦623

$3.71 Ft 1,198

-87.33%

Imported Beer (0.33 liter bottle)

$1.14 ₦1,517

$3.77 Ft 1,217

-69.76%

Milk (1 liter)

$3.06 ₦4,070

$1.15 Ft 371

166.09%

White Bread (500g)

$1.42 ₦1,889

$1.79 Ft 578

-20.67%

Rice (white) (1kg)

$1.21 ₦1,609

$2.49 Ft 804

-51.41%

Eggs

$0.88 ₦1,170

$3.90 Ft 1,261

-77.44%

Local Cheese (1kg)

$3.50 ₦4,656

$11.10 Ft 3,587

-68.47%

Chicken Fillets (1kg)

$3.03 ₦4,034

$6.62 Ft 2,139

-54.23%

Beef Round Steak (1kg)

$2.67 ₦3,548

$14.69 Ft 4,745

-81.82%

Apples (1kg)

$1.73 ₦2,295

$1.83 Ft 591

-5.46%

Banana (1kg)

$1.30 ₦1,728

$2.05 Ft 661

-36.59%

Oranges (1kg)

$1.10 ₦1,460

$2.37 Ft 765

-53.59%

Tomato (1kg)

$1.33 ₦1,763

$3.90 Ft 1,260

-65.90%

Potato (1kg)

$1.31 ₦1,745

$0.99 Ft 320

32.32%

Onion (1kg)

$1.29 ₦1,722

$1.00 Ft 322

29.00%

Lettuce (1 head)

$0.40 ₦530

$1.58 Ft 511

-74.68%

Water (1.5 liter bottle)

$0.40 ₦526

$0.67 Ft 216

-40.30%

Cigarettes 20 Pack (Marlboro, Camel)

$0.52 ₦692

$7.96 Ft 2,572

-93.47%

Wine (Bottle)

$2.51 ₦3,334

$6.22 Ft 2,009

-59.65%

Local Beer (0.5 liter bottle)

$0.49 ₦658

$1.27 Ft 411

-61.42%

Imported Beer (0.33 liter bottle)

$0.50 ₦670

$2.03 Ft 654

-75.37%

One-way Ticket (Public Transport)

$0.20 ₦267

$1.52 Ft 490

-86.84%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$0.65 ₦871

$3.31 Ft 1,070

-80.36%

Taxi (Normal Tariff) (1km)

$0.66 ₦881

$1.37 Ft 442

-51.82%

Taxi 1hour Waiting (Normal Tariff)

$1.92 ₦2,549

$19.83 Ft 6,406

-90.32%

Gasoline (1 liter)

$0.46 ₦616

$1.82 Ft 589

-74.73%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$11.4K ₦15.2M

$29.8K Ft 9.6M

-61.69%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$13.6K ₦18.1M

$33.8K Ft 10.9M

-59.66%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$113 ₦149.7K

$171 Ft 55.3K

-34.21%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$7.43 ₦9,884

$23.51 Ft 7,596

-68.40%

Internet (50+ Mbps, Unlimited Data)

$11.21 ₦14.9K

$23.29 Ft 7,526

-51.87%

Gym Membership (Monthly)

$6.62 ₦8,805

$67.5 Ft 21.8K

-90.20%

Tennis Court (1 Hour on Weekend)

$7.43 ₦9,881

$18.89 Ft 6,104

-60.67%

Cinema Ticket

$3.13 ₦4,165

$9.30 Ft 3,004

-66.34%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$663 ₦881.8K

$533 Ft 172.3K

24.31%

International Primary School, 1 Child (Yearly)

$149 ₦197.9K

$16.8K Ft 5.4M

-99.11%

Jeans (Levis 501 Or Similar)

$14.88 ₦19.8K

$99.6 Ft 32.2K

-85.06%

Summer Dress (H&M, Zara, etc)

$18.40 ₦24.5K

$43.49 Ft 14.0K

-57.69%

Sport Shoes (Adidas, Nike)

$36.64 ₦48.7K

$110 Ft 35.7K

-66.80%

Men's Leather Business Shoes

$48.16 ₦64.1K

$119 Ft 38.4K

-59.52%

1-bedroom Apartment, City Center (Monthly)

$709 ₦943.2K

$830 Ft 268.3K

-14.61%

1-bedroom Apartment, Outside City Center (Monthly)

$704 ₦936.3K

$622 Ft 200.9K

13.18%

3-bedroom Apartment, City Center (Monthly)

$511 ₦680.1K

$1,594 Ft 514.9K

-67.92%

3-bedroom Apartment, Outside City Center (Monthly)

$628 ₦835.6K

$1,170 Ft 378.1K

-46.32%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$48.95 ₦65.1K

$1,651 Ft 533.4K

-97.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

55.04%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Abeokuta: October 13, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Abeokuta

$704 62.1%

Budapest

$622 38.4% 11.6% $82

Groceries & Markets

Abeokuta

$136 12%

Budapest

$258 15.9% 90.2% $122

Monthly Utilities & Internet

Abeokuta

$131 11.6%

Budapest

$218 13.5% 66.1% $87

Eating Out

Abeokuta

$93 8.2%

Budapest

$223 13.8% 140% $130

Clothing & Footwear

Abeokuta

$53 4.7%

Budapest

$168 10.4% 215% $114

Sport & Entertainment

Abeokuta

$13 1.1%

Budapest

$86 5.3% 569% $73

Getting Around

Abeokuta

$4.8 * 0.4%

Budapest

$44 2.7% 828% $39

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $709 in Abeokuta versus $830 in Budapest. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 3273% higher in Budapest, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $50.0 in Abeokuta versus $61.0 in Budapest. Monthly groceries follow the same trend: $136 vs $258 – making Abeokuta the more affordable choice for daily food spending.

Good to know

🇳🇬 Abeokuta

🇭🇺 Budapest

🕒 Local time

17:24 5:24 PM

18:24 6:24 PM

1 h ahead of Abeokuta

🌤 Weather

👥 Population

888,924

1,686,222 Capital

💱 Currency

Nigerian Naira NGN ₦

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 17, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,496 NGN (10,000 NGN = 6.69 EUR).

Hungarian Forint exchange rates as of October 17, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to NGN in detail →

On the map

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Highest

Between locations

Abeokuta Budapest 4,730 km ≈ 6 h nonstop flight

From you

Abeokuta
Budapest

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Abeokuta vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 43%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,702 per month in Abeokuta and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Abeokuta, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $50.0 in Abeokuta and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 90% more in Budapest, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Abeokuta, where all-in costs run around $1,134, than in Budapest at $1,619. In Abeokuta it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Abeokuta – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Abeokuta. If higher salaries, better infrastructure, or specific career opportunities are the priority, Budapest makes more sense. Both are solid long-term options with distinct trade-offs.