Last update: Oct 2026

Cost of Living Comparison Between Belo Horizonte and Budapest

For one person, living is cheaper in Belo Horizonte: $984 a month against $1,621 in Budapest, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

47

Cost of Living Index in Belo Horizonte
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Belo Horizonte Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

Jump to prices

Belo Horizonte

🇧🇷 Brazil

$984

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $984 in Belo Horizonte versus $1,621 in Budapest.

Belo Horizonte $984
Budapest $1,621

Estimated couple costs with rent: $1,589 in Belo Horizonte versus $2,555 in Budapest.

Belo Horizonte $1,589
Budapest $2,555

Monthly costs for a family of three with rent: $2,193 in Belo Horizonte versus $3,489 in Budapest.

Belo Horizonte $2,193
Budapest $3,489

Living in Belo Horizonte costs roughly 39% less than in Budapest, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Belo Horizonte is 27% below, Budapest is 21% above.

Meal at Budget Restaurant

$5.90 R$29.61

$13.99 Ft 4,555

-57.83%

Three-Course Dinner for Two, Mid-Range

$37.35 R$187

$60.3 Ft 19.7K

-38.10%

Fast Food Meal (McDonalds, etc)

$8.86 R$44.45

$9.96 Ft 3,244

-11.04%

Cappuccino

$2.27 R$11.42

$3.38 Ft 1,102

-32.84%

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

$1.43 R$7.16

$2.13 Ft 693

-32.86%

Water (0.33 liter bottle)

$0.81 R$4.07

$1.87 Ft 609

-56.68%

Local Beer (0.5 liter draught)

$2.12 R$10.65

$3.75 Ft 1,222

-43.47%

Imported Beer (0.33 liter bottle)

$3.67 R$18.42

$3.57 Ft 1,163

2.80%

Milk (1 liter)

$0.95 R$4.74

$1.13 Ft 369

-15.93%

White Bread (500g)

$1.82 R$9.13

$1.84 Ft 600

-1.09%

Rice (white) (1kg)

$2.08 R$10.44

$2.39 Ft 777

-12.97%

Eggs

$2.22 R$11.13

$3.83 Ft 1,246

-42.04%

Local Cheese (1kg)

$9.91 R$49.72

$11.33 Ft 3,689

-12.53%

Chicken Fillets (1kg)

$4.33 R$21.74

$6.74 Ft 2,194

-35.76%

Beef Round Steak (1kg)

$7.63 R$38.30

$14.69 Ft 4,784

-48.06%

Apples (1kg)

$1.93 R$9.71

$1.84 Ft 598

4.89%

Banana (1kg)

$1.15 R$5.78

$2.01 Ft 654

-42.79%

Oranges (1kg)

$1.20 R$6.01

$2.36 Ft 767

-49.15%

Tomato (1kg)

$1.65 R$8.28

$3.77 Ft 1,227

-56.23%

Potato (1kg)

$1.15 R$5.77

$0.96 Ft 314

19.79%

Onion (1kg)

$0.97 R$4.88

$1.03 Ft 335

-5.83%

Lettuce (1 head)

$0.85 R$4.25

$1.56 Ft 509

-45.51%

Water (1.5 liter bottle)

$0.92 R$4.60

$0.66 Ft 216

39.39%

Cigarettes 20 Pack (Marlboro, Camel)

$2.47 R$12.39

$7.96 Ft 2,594

-68.97%

Wine (Bottle)

$8.23 R$41.31

$6.01 Ft 1,956

36.94%

Local Beer (0.5 liter bottle)

$1.43 R$7.19

$1.30 Ft 422

10.00%

Imported Beer (0.33 liter bottle)

$2.74 R$13.75

$2.08 Ft 677

31.73%

One-way Ticket (Public Transport)

$1.25 R$6.29

$1.50 Ft 490

-16.67%

Public Transport Monthly Pass (Regular Price)

$68.0 R$341

$27.61 Ft 8,991

146.22%

Taxi Start (Normal Tariff)

$1.02 R$5.13

$3.30 Ft 1,075

-69.09%

Taxi (Normal Tariff) (1km)

$0.77 R$3.86

$1.30 Ft 424

-40.77%

Taxi 1hour Waiting (Normal Tariff)

$6.32 R$31.70

$19.78 Ft 6,442

-68.05%

Gasoline (1 liter)

$1.32 R$6.62

$1.81 Ft 591

-27.07%

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

$24.0K R$120.5K

$29.3K Ft 9.6M

-18.11%

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

$32.5K R$162.9K

$34.1K Ft 11.1M

-4.79%

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

$76.1 R$382

$170 Ft 55.3K

-55.23%

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

$10.33 R$51.9

$23.98 Ft 7,809

-56.92%

Internet (50+ Mbps, Unlimited Data)

$21.02 R$105

$23.42 Ft 7,628

-10.25%

Gym Membership (Monthly)

$28.07 R$141

$66.2 Ft 21.6K

-57.62%

Tennis Court (1 Hour on Weekend)

$46.30 R$232

$19.18 Ft 6,245

141.40%

Cinema Ticket

$7.90 R$39.62

$9.52 Ft 3,101

-17.02%

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

$459 R$2,304

$537 Ft 174.8K

-14.46%

International Primary School, 1 Child (Yearly)

$13.8K R$69.3K

$16.6K Ft 5.4M

-16.78%

Jeans (Levis 501 Or Similar)

$62.0 R$311

$101 Ft 33.0K

-38.85%

Summer Dress (H&M, Zara, etc)

$48.86 R$245

$42.99 Ft 14.0K

13.65%

Sport Shoes (Adidas, Nike)

$97.6 R$490

$113 Ft 36.7K

-13.44%

Men's Leather Business Shoes

$71.5 R$359

$119 Ft 38.7K

-39.76%

1-bedroom Apartment, City Center (Monthly)

$590 R$2,961

$805 Ft 262.2K

-26.72%

1-bedroom Apartment, Outside City Center (Monthly)

$292 R$1,464

$629 Ft 204.9K

-53.65%

3-bedroom Apartment, City Center (Monthly)

$890 R$4,464

$1,549 Ft 504.6K

-42.58%

3-bedroom Apartment, Outside City Center (Monthly)

$591 R$2,965

$1,167 Ft 380.1K

-49.37%

Buy Apartment in City Center (m2)

$2,358 R$11.8K

$5,618 Ft 1.8M

-58.02%

Buy Apartment Outside City Center (m2)

$1,121 R$5,627

$3,968 Ft 1.3M

-71.74%

Average Monthly Net Salary (After Tax)

$613 R$3,078

$1,626 Ft 529.5K

-62.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.25

6.43

74.96%

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

Last update for Belo Horizonte: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Belo Horizonte

$292 30%

Budapest

$629 38.7% 116% $338

Groceries & Markets

Belo Horizonte

$198 20.3%

Budapest

$258 15.8% 30.3% $60

Eating Out

Belo Horizonte

$128 13.2%

Budapest

$224 13.8% 75.2% $96

Clothing & Footwear

Belo Horizonte

$126 13%

Budapest

$169 10.4% 34.3% $43

Monthly Utilities & Internet

Belo Horizonte

$107 11.1%

Budapest

$217 13.4% 102% $110

Getting Around

Belo Horizonte

$78 8%

Budapest

$43 2.7% 44.2% $34

Sport & Entertainment

Belo Horizonte

$44 4.5%

Budapest

$85 5.2% 94.4% $41

Cost Breakdown

A one-bedroom apartment in the center runs $590 in Belo Horizonte and $805 in Budapest. Housing cost is often the main lever when comparing two cities.

Budapest pays 165% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $37.00 in Belo Horizonte vs $60.0 in Budapest for a mid-range dinner for two. Groceries echo the gap at $198 vs $258 per month, with Belo Horizonte cheaper across the board.

Good to know

🇧🇷 Belo Horizonte

🇭🇺 Budapest

🕒 Local time

08:26 8:26 AM

13:26 1:26 PM

5 h ahead of Belo Horizonte

🌤 Weather

👥 Population

2,315,560

1,686,222 Capital

💱 Currency

Brazilian Real BRL R$

Hungarian Forint HUF Ft

📈 Exchange rate

1 BRL = 0.199 USD

1 BRL = 0.178 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to BRL in detail →

On the map

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Between locations

Belo Horizonte Budapest 9,770 km ≈ 13 h nonstop flight

From you

Belo Horizonte
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

Belo Horizonte vs Budapest: Cost of Living - Frequently Asked Questions

Belo Horizonte and Budapest differ by about 65% in total monthly costs ($984 vs $1,621 including rent). Belo Horizonte is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 165% lower in Budapest. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $590 in Belo Horizonte versus $805 in Budapest. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $459 in Belo Horizonte versus $537 in Budapest. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 30% higher in Budapest. For households that cook at home regularly, that difference adds up over a month.

At $984 in Belo Horizonte versus $1,621 in Budapest, a $2,000 budget is realistic in Belo Horizonte but tight or insufficient in Budapest. The gap between the two cities makes Belo Horizonte the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Belo Horizonte and Budapest are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Belo Horizonte gentler on the wallet – expenses run 65% less than in Budapest. Beyond cost, consider language, visa policies, and how big the international community is in each city.