Last update: Oct 2026

Cost of Living Comparison Between Budapest and Belo Horizonte

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.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index
47

Cost of Living Index in Belo Horizonte
Learn more

Belo Horizonte Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Belo Horizonte

🇧🇷 Brazil

$984

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Belo Horizonte

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

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

Budapest $1,621
Belo Horizonte $984

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

Budapest $2,555
Belo Horizonte $1,589

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

Budapest $3,489
Belo Horizonte $2,193

Living in Budapest is roughly 65% more expensive than in Belo Horizonte, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$13.99 Ft 4,551

$5.90 R$29.46

137.12%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$37.35 R$186

61.55%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$8.86 R$44.22

12.42%

Cappuccino

$3.38 Ft 1,100

$2.27 R$11.36

48.90%

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

$2.13 Ft 692

$1.43 R$7.13

48.95%

Water (0.33 liter bottle)

$1.87 Ft 608

$0.81 R$4.05

130.86%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$2.12 R$10.60

76.89%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$3.67 R$18.32

-2.72%

Milk (1 liter)

$1.13 Ft 368

$0.95 R$4.72

18.95%

White Bread (500g)

$1.84 Ft 599

$1.82 R$9.09

1.10%

Rice (white) (1kg)

$2.39 Ft 777

$2.08 R$10.39

14.90%

Eggs

$3.83 Ft 1,245

$2.22 R$11.07

72.52%

Local Cheese (1kg)

$11.33 Ft 3,686

$9.91 R$49.47

14.33%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$4.33 R$21.63

55.66%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$7.63 R$38.10

92.53%

Apples (1kg)

$1.84 Ft 597

$1.93 R$9.66

-4.66%

Banana (1kg)

$2.01 Ft 653

$1.15 R$5.75

74.78%

Oranges (1kg)

$2.36 Ft 767

$1.20 R$5.98

96.67%

Tomato (1kg)

$3.77 Ft 1,226

$1.65 R$8.23

128.48%

Potato (1kg)

$0.96 Ft 313

$1.15 R$5.74

-16.52%

Onion (1kg)

$1.03 Ft 334

$0.97 R$4.86

6.19%

Lettuce (1 head)

$1.56 Ft 509

$0.85 R$4.23

83.53%

Water (1.5 liter bottle)

$0.66 Ft 216

$0.92 R$4.58

-28.26%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$2.47 R$12.33

222.27%

Wine (Bottle)

$6.01 Ft 1,954

$8.23 R$41.09

-26.97%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$1.43 R$7.15

-9.09%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$2.74 R$13.68

-24.09%

One-way Ticket (Public Transport)

$1.50 Ft 489

$1.25 R$6.26

20.00%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

$68.0 R$339

-59.39%

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

$1.02 R$5.10

223.53%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$0.77 R$3.84

68.83%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

$6.32 R$31.53

212.97%

Gasoline (1 liter)

$1.81 Ft 591

$1.32 R$6.58

37.12%

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

$29.3K Ft 9.5M

$24.0K R$119.9K

22.12%

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

$34.1K Ft 11.1M

$32.5K R$162.1K

5.03%

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

$170 Ft 55.3K

$76.1 R$380

123.34%

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

$23.98 Ft 7,802

$10.33 R$51.6

132.14%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$21.02 R$105

11.42%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$28.07 R$140

135.98%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

$46.30 R$231

-58.57%

Cinema Ticket

$9.52 Ft 3,098

$7.90 R$39.41

20.51%

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

$537 Ft 174.6K

$459 R$2,292

16.90%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$13.8K R$69.0K

20.17%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$62.0 R$309

63.53%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$48.86 R$244

-12.01%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$97.6 R$487

15.52%

Men's Leather Business Shoes

$119 Ft 38.6K

$71.5 R$357

66.01%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$590 R$2,945

36.47%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$292 R$1,456

115.74%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$890 R$4,440

74.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$591 R$2,950

97.51%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$2,358 R$11.8K

138.23%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$1,121 R$5,598

253.83%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

$613 R$3,062

165.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

11.25

-42.84%

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

Last update for Budapest: October 5, 2026

Last update for Belo Horizonte: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Belo Horizonte

$292 30% 53.6% $338

Groceries & Markets

Budapest

$258 15.8%

Belo Horizonte

$198 20.3% 23.3% $60

Eating Out

Budapest

$224 13.8%

Belo Horizonte

$128 13.2% 42.9% $96

Monthly Utilities & Internet

Budapest

$217 13.4%

Belo Horizonte

$107 11.1% 50.6% $110

Clothing & Footwear

Budapest

$169 10.4%

Belo Horizonte

$126 13% 25.5% $43

Sport & Entertainment

Budapest

$85 5.2%

Belo Horizonte

$44 4.5% 48.6% $41

Getting Around

Budapest

$43 2.7%

Belo Horizonte

$78 8% 79.3% $34

Cost Breakdown

A one-bedroom apartment in the center runs $805 in Budapest and $590 in Belo Horizonte. 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: $60.0 in Budapest vs $37.00 in Belo Horizonte for a mid-range dinner for two. Groceries echo the gap at $258 vs $198 per month, with Belo Horizonte cheaper across the board.

Good to know

🇭🇺 Budapest

🇧🇷 Belo Horizonte

🕒 Local time

14:12 2:12 PM

09:12 9:12 AM

5 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

2,315,560

💱 Currency

Hungarian Forint HUF Ft

Brazilian Real BRL R$

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

1 BRL = 0.2 USD

1 BRL = 0.179 EUR

Exchange rates and currency converter

BRL, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

USD to HUF in detail →

On the map

Lowest

Highest

Between locations

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

From you

Budapest
Belo Horizonte

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

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

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

Average pay runs 165% higher in Budapest, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

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

Childcare runs $537 in Budapest versus $459 in Belo Horizonte. 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, Budapest and Belo Horizonte 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.