Last update: Oct 2026

Cost of Living Comparison Between Budapest and Concord, NC

For one person, living is cheaper in Budapest: $1,621 a month against $1,978 in Concord, NC, rent and utilities included – about $4,300 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index
128

Cost of Living Index in Concord, NC
Learn more

Concord, NC Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Concord, NC

🇺🇸 United States

$1,978

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Concord, NC

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 Concord, NC actually costs, broken down by who's living it.

A single person spends $1,621 per month in Budapest vs $1,978 in Concord, NC, rent included.

Budapest $1,621
Concord, NC $1,978

A couple spends around $2,555 per month in Budapest vs $3,194 in Concord, NC, rent included.

Budapest $2,555
Concord, NC $3,194

A family of three spends $3,489 per month in Budapest vs $4,410 in Concord, NC, rent included.

Budapest $3,489
Concord, NC $4,410

Budapest is about 18% cheaper than Concord, NC, and outside of rent the biggest gap is in clothing.

Both Budapest and Concord, NC sit above the global median – Budapest by 21%, Concord, NC by 48%.

Meal at Budget Restaurant

$13.99 Ft 4,551

$15.80 $15.80

-11.46%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$91.3 $91.3

-33.92%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$11.87 $11.87

-16.09%

Cappuccino

$3.38 Ft 1,100

$7.17 $7.17

-52.86%

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

$2.13 Ft 692

$3.05 $3.05

-30.16%

Water (0.33 liter bottle)

$1.87 Ft 608

$2.27 $2.27

-17.62%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$8.07 $8.07

-53.53%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$9.22 $9.22

-61.28%

Milk (1 liter)

$1.13 Ft 368

$0.78 $0.78

44.87%

White Bread (500g)

$1.84 Ft 599

$3.30 $3.30

-44.24%

Rice (white) (1kg)

$2.39 Ft 777

$4.28 $4.28

-44.16%

Eggs

$3.83 Ft 1,245

$3.66 $3.66

4.64%

Local Cheese (1kg)

$11.33 Ft 3,686

$6.58 $6.58

72.19%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$6.13 $6.13

9.95%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$17.62 $17.62

-16.63%

Apples (1kg)

$1.84 Ft 597

$6.52 $6.52

-71.78%

Banana (1kg)

$2.01 Ft 653

$1.32 $1.32

52.27%

Oranges (1kg)

$2.36 Ft 767

$6.48 $6.48

-63.58%

Tomato (1kg)

$3.77 Ft 1,226

$2.20 $2.20

71.36%

Potato (1kg)

$0.96 Ft 313

Onion (1kg)

$1.03 Ft 334

Lettuce (1 head)

$1.56 Ft 509

Water (1.5 liter bottle)

$0.66 Ft 216

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

Wine (Bottle)

$6.01 Ft 1,954

Local Beer (0.5 liter bottle)

$1.30 Ft 421

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

One-way Ticket (Public Transport)

$1.50 Ft 489

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

Gasoline (1 liter)

$1.81 Ft 591

$0.99 $0.99

82.83%

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

$29.3K Ft 9.5M

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

$34.1K Ft 11.1M

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

$170 Ft 55.3K

$139 $139

21.88%

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

$23.98 Ft 7,802

$121 $121

-80.12%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$68.0 $68.0

-65.56%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$49.02 $49.02

35.13%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

Cinema Ticket

$9.52 Ft 3,098

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

$537 Ft 174.6K

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

Men's Leather Business Shoes

$119 Ft 38.6K

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$1,304 $1,304

-38.25%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$994 $994

-36.67%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$2,007 $2,007

-22.81%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$2,137 $2,137

-45.38%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$2,363 $2,363

137.80%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$2,348 $2,348

69.00%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

$3,828 $3,828

-57.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

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

Last update for Budapest: October 5, 2026

Last update for Concord, NC: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Concord, NC

$994 50.9% 57.9% $364

Groceries & Markets

Budapest

$258 15.8%

Concord, NC

$253 * 13% 1.7% $4.4

Eating Out

Budapest

$224 13.8%

Concord, NC

$328 16.8% 46.3% $104

Monthly Utilities & Internet

Budapest

$217 13.4%

Concord, NC

$328 16.8% 50.9% $111

Clothing & Footwear

Budapest

$169 10.4%

Concord, NC

- * 0% 100%

Sport & Entertainment

Budapest

$85 5.2%

Concord, NC

$49 * 2.5% 42.5% $36

Getting Around

Budapest

$43 2.7%

Concord, NC

- * 0% 100%

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

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $1,304 in Concord, NC. 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 135% higher in Concord, NC, 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 $60.0 in Budapest versus $91.0 in Concord, NC. Groceries tell a different story – $258 in Budapest vs $253 in Concord, NC – so Concord, NC wins on supermarket bills even if dining out costs more.

Good to know

🇭🇺 Budapest

🇺🇸 Concord, NC

🕒 Local time

01:01 1:01 AM

19:01 7:01 PM

6 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

42,695

💱 Currency

Hungarian Forint HUF Ft

United States Dollar USD $

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

1 USD = 0.892 EUR

Exchange rates and currency converter

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).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to HUF in detail →

On the map

Lowest

Highest

Between locations

Budapest Concord, NC 7,830 km ≈ 10 h nonstop flight

From you

Budapest
Concord, NC

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 Concord, NC: Cost of Living - Frequently Asked Questions

Yes – Concord, NC is pricier by about 22%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,432 per month in Budapest and $2,967 in Concord, NC. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Interestingly, groceries are about 2% cheaper in Concord, NC – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $60.0 in Budapest and $91.0 in Concord, NC. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in Concord, NC at $1,978. In Budapest it covers expenses comfortably, while in Concord, NC it requires careful planning or may not stretch far enough.

Families tend to lean toward Budapest – 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 Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Concord, NC makes more sense. Both are solid long-term options with distinct trade-offs.