Last update: Oct 2026

Cost of Living Comparison Between Akure and Budapest

For one person, living is cheaper in Akure: $278 a month against $1,619 in Budapest, rent and utilities included – about $16,100 less a year. Rent and utilities account for most of the difference.

14

Cost of Living Index in Akure
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Akure Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Akure

🇳🇬 Nigeria

$278

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

How much you'll spend in Akure 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 Akure and in Budapest actually costs, broken down by who's living it.

A single person spends $278 per month in Akure vs $1,619 in Budapest, rent included.

Akure $278
Budapest $1,619

A couple spends around $449 per month in Akure vs $2,524 in Budapest, rent included.

Akure $449
Budapest $2,524

A family of three spends $620 per month in Akure vs $3,429 in Budapest, rent included.

Akure $620
Budapest $3,429

Akure is about 83% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Akure sits 79% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.10 ₦1,462

$13.94 Ft 4,503

-92.11%

Three-Course Dinner for Two, Mid-Range

$8.87 ₦11.8K

$61.2 Ft 19.8K

-85.51%

Fast Food Meal (McDonalds, etc)

$7.34 ₦9,767

$10.19 Ft 3,291

-27.97%

Cappuccino

$2.73 ₦3,629

$3.26 Ft 1,055

-16.26%

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

$0.24 ₦320

$2.14 Ft 690

-88.79%

Water (0.33 liter bottle)

$0.15 ₦194

$1.78 Ft 577

-91.57%

Local Beer (0.5 liter draught)

$0.97 ₦1,294

$3.71 Ft 1,198

-73.85%

Imported Beer (0.33 liter bottle)

$2.03 ₦2,699

$3.77 Ft 1,217

-46.15%

Milk (1 liter)

$1.55 ₦2,059

$1.15 Ft 371

34.78%

White Bread (500g)

$0.63 ₦832

$1.79 Ft 578

-64.80%

Rice (white) (1kg)

$1.24 ₦1,650

$2.49 Ft 804

-50.20%

Eggs

$0.82 ₦1,086

$3.90 Ft 1,261

-78.97%

Local Cheese (1kg)

$3.45 ₦4,591

$11.10 Ft 3,587

-68.92%

Chicken Fillets (1kg)

$3.98 ₦5,299

$6.62 Ft 2,139

-39.88%

Beef Round Steak (1kg)

$2.29 ₦3,047

$14.69 Ft 4,745

-84.41%

Apples (1kg)

$1.54 ₦2,054

$1.83 Ft 591

-15.85%

Banana (1kg)

$0.76 ₦1,015

$2.05 Ft 661

-62.93%

Oranges (1kg)

$0.70 ₦927

$2.37 Ft 765

-70.46%

Tomato (1kg)

$0.89 ₦1,180

$3.90 Ft 1,260

-77.18%

Potato (1kg)

$0.80 ₦1,059

$0.99 Ft 320

-19.19%

Onion (1kg)

$0.96 ₦1,280

$1.00 Ft 322

-4.00%

Lettuce (1 head)

$0.83 ₦1,103

$1.58 Ft 511

-47.47%

Water (1.5 liter bottle)

$0.37 ₦487

$0.67 Ft 216

-44.78%

Cigarettes 20 Pack (Marlboro, Camel)

$0.59 ₦785

$7.96 Ft 2,572

-92.59%

Wine (Bottle)

$2.25 ₦2,991

$6.22 Ft 2,009

-63.83%

Local Beer (0.5 liter bottle)

$0.53 ₦707

$1.27 Ft 411

-58.27%

Imported Beer (0.33 liter bottle)

$0.47 ₦624

$2.03 Ft 654

-76.85%

One-way Ticket (Public Transport)

$1.52 Ft 490

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$0.65 ₦868

$3.31 Ft 1,070

-80.36%

Taxi (Normal Tariff) (1km)

$0.98 ₦1,308

$1.37 Ft 442

-28.47%

Taxi 1hour Waiting (Normal Tariff)

$2.15 ₦2,860

$19.83 Ft 6,406

-89.16%

Gasoline (1 liter)

$0.18 ₦241

$1.82 Ft 589

-90.11%

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

$11.2K ₦14.9M

$29.8K Ft 9.6M

-62.49%

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

$13.9K ₦18.4M

$33.8K Ft 10.9M

-59.02%

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

$11.11 ₦14.8K

$171 Ft 55.3K

-93.51%

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

$5.25 ₦6,978

$23.51 Ft 7,596

-77.67%

Internet (50+ Mbps, Unlimited Data)

$9.23 ₦12.3K

$23.29 Ft 7,526

-60.37%

Gym Membership (Monthly)

$67.5 Ft 21.8K

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$6.21 ₦8,258

$9.30 Ft 3,004

-33.23%

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

$674 ₦896.4K

$533 Ft 172.3K

26.37%

International Primary School, 1 Child (Yearly)

$19.8K ₦26.4M

$16.8K Ft 5.4M

18.31%

Jeans (Levis 501 Or Similar)

$14.94 ₦19.9K

$99.6 Ft 32.2K

-85.00%

Summer Dress (H&M, Zara, etc)

$18.14 ₦24.1K

$43.49 Ft 14.0K

-58.29%

Sport Shoes (Adidas, Nike)

$36.92 ₦49.1K

$110 Ft 35.7K

-66.55%

Men's Leather Business Shoes

$49.18 ₦65.4K

$119 Ft 38.4K

-58.66%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

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)

$37.22 ₦49.5K

$1,651 Ft 533.4K

-97.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

18.39

6.45

185.12%

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

Last update for Akure: October 11, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Groceries & Markets

Akure

$107 38.4%

Budapest

$258 15.9% 142% $151

Eating Out

Akure

$74 26.6%

Budapest

$223 13.8% 201% $149

Clothing & Footwear

Akure

$54 19.3%

Budapest

$168 10.4% 213% $114

Monthly Utilities & Internet

Akure

$26 9.2%

Budapest

$218 13.5% 752% $192

Sport & Entertainment

Akure

$12 * 4.5%

Budapest

$86 5.3% 593% $74

Getting Around

Akure

$5.6 * 2%

Budapest

$44 2.7% 694% $39

Accommodation & Living

Akure

- * 0%

Budapest

$622 38.4%

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

Cost Breakdown

Salaries run about 4336% 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 $9.00 in Akure versus $61.0 in Budapest. Monthly groceries follow the same trend: $107 vs $258 – making Akure the more affordable choice for daily food spending.

Good to know

🇳🇬 Akure

🇭🇺 Budapest

🕒 Local time

20:23 8:23 PM

21:23 9:23 PM

1 h ahead of Akure

🌤 Weather

👥 Population

387,087

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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Between locations

Akure Budapest 4,660 km ≈ 6 h nonstop flight

From you

Akure
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

Akure vs Budapest: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $278 in Akure, $1,619 in Budapest – roughly 482% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $417 per month in Akure and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $9.00 in Akure 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 142% 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 $2,000 monthly budget goes further in Akure, where all-in costs run around $278, than in Budapest at $1,619. In Akure it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

It depends on your priorities. Budapest has an edge in some lifestyle areas, with costs from $278 in Akure to $1,619 in Budapest. Climate, culture, job market, and personal taste all factor in.

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 Akure. 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.