Last update: Oct 2026

Cost of Living Comparison Between Budapest and Elliot Lake, ON

For one person, living is cheaper in Budapest: $1,641 a month against $2,324 in Elliot Lake, ON, rent and utilities included – about $8,200 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Budapest
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Budapest Living Index
109

Cost of Living Index in Elliot Lake, ON
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Elliot Lake, ON Living Index

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Budapest

🇭🇺 Hungary

$1,641

/mo nomad

Elliot Lake, ON

🇨🇦 Canada

$2,324

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Elliot Lake, ON

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 Elliot Lake, ON actually costs, broken down by who's living it.

A single person spends $1,641 per month in Budapest vs $2,324 in Elliot Lake, ON, rent included.

Budapest $1,641
Elliot Lake, ON $2,324

A couple spends around $2,562 per month in Budapest vs $3,241 in Elliot Lake, ON, rent included.

Budapest $2,562
Elliot Lake, ON $3,241

A family of three spends $3,483 per month in Budapest vs $4,158 in Elliot Lake, ON, rent included.

Budapest $3,483
Elliot Lake, ON $4,158

Budapest is about 29% cheaper than Elliot Lake, ON, and outside of rent the biggest gap is in groceries.

Both Budapest and Elliot Lake, ON sit above the global median – Budapest by 21%, Elliot Lake, ON by 72%.

Meal at Budget Restaurant

$14.04 Ft 4,536

$17.76 CA$25.11

-20.95%

Three-Course Dinner for Two, Mid-Range

$60.9 Ft 19.7K

$64.8 CA$91.7

-6.03%

Fast Food Meal (McDonalds, etc)

$10.37 Ft 3,351

$10.57 CA$14.94

-1.89%

Cappuccino

$3.46 Ft 1,117

$3.70 CA$5.23

-6.49%

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

$2.07 Ft 669

$1.98 CA$2.80

4.55%

Water (0.33 liter bottle)

$1.77 Ft 572

$1.62 CA$2.29

9.26%

Local Beer (0.5 liter draught)

$3.69 Ft 1,191

$5.21 CA$7.36

-29.17%

Imported Beer (0.33 liter bottle)

$3.80 Ft 1,229

$5.65 CA$7.98

-32.74%

Milk (1 liter)

$1.16 Ft 374

$2.30 CA$3.25

-49.57%

White Bread (500g)

$1.85 Ft 598

$2.55 CA$3.60

-27.45%

Rice (white) (1kg)

$2.40 Ft 776

$3.04 CA$4.30

-21.05%

Eggs

$3.99 Ft 1,289

$3.17 CA$4.48

25.87%

Local Cheese (1kg)

$11.40 Ft 3,683

$10.28 CA$14.53

10.89%

Chicken Fillets (1kg)

$6.87 Ft 2,221

$12.93 CA$18.28

-46.87%

Beef Round Steak (1kg)

$14.49 Ft 4,682

$16.33 CA$23.08

-11.27%

Apples (1kg)

$1.88 Ft 607

$3.87 CA$5.47

-51.42%

Banana (1kg)

$2.14 Ft 693

$1.26 CA$1.78

69.84%

Oranges (1kg)

$2.30 Ft 744

$3.51 CA$4.97

-34.47%

Tomato (1kg)

$4.04 Ft 1,304

$3.92 CA$5.54

3.06%

Potato (1kg)

$1.02 Ft 329

$2.73 CA$3.86

-62.64%

Onion (1kg)

$0.99 Ft 320

$1.99 CA$2.81

-50.25%

Lettuce (1 head)

$1.58 Ft 510

$2.43 CA$3.43

-34.98%

Water (1.5 liter bottle)

$0.70 Ft 225

$1.79 CA$2.53

-60.89%

Cigarettes 20 Pack (Marlboro, Camel)

$8.03 Ft 2,594

$14.18 CA$20.04

-43.37%

Wine (Bottle)

$6.18 Ft 1,997

$12.80 CA$18.10

-51.72%

Local Beer (0.5 liter bottle)

$1.24 Ft 401

$2.42 CA$3.42

-48.76%

Imported Beer (0.33 liter bottle)

$2.06 Ft 666

$2.91 CA$4.12

-29.21%

One-way Ticket (Public Transport)

$1.59 Ft 513

$2.25 CA$3.18

-29.33%

Public Transport Monthly Pass (Regular Price)

$27.52 Ft 8,893

$64.7 CA$91.4

-57.44%

Taxi Start (Normal Tariff)

$3.43 Ft 1,110

$2.95 CA$4.17

16.27%

Taxi (Normal Tariff) (1km)

$1.33 Ft 431

$1.40 CA$1.98

-5.00%

Taxi 1hour Waiting (Normal Tariff)

$20.45 Ft 6,607

$23.73 CA$33.55

-13.82%

Gasoline (1 liter)

$1.93 Ft 624

$1.07 CA$1.52

80.37%

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

$29.1K Ft 9.4M

$25.8K CA$36.4K

13.02%

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

$34.7K Ft 11.2M

$23.2K CA$32.8K

49.55%

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

$175 Ft 56.4K

$150 CA$212

16.19%

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

$23.62 Ft 7,631

$32.88 CA$46.48

-28.16%

Internet (50+ Mbps, Unlimited Data)

$23.60 Ft 7,625

$55.6 CA$78.6

-57.54%

Gym Membership (Monthly)

$68.8 Ft 22.2K

$44.30 CA$62.6

55.40%

Tennis Court (1 Hour on Weekend)

$19.26 Ft 6,224

$20.25 CA$28.63

-4.89%

Cinema Ticket

$10.31 Ft 3,333

$10.01 CA$14.15

3.00%

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

$535 Ft 172.9K

$628 CA$887

-14.71%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$11.6K CA$16.4K

45.42%

Jeans (Levis 501 Or Similar)

$99.9 Ft 32.3K

$56.7 CA$80.2

76.09%

Summer Dress (H&M, Zara, etc)

$43.27 Ft 14.0K

$40.46 CA$57.2

6.95%

Sport Shoes (Adidas, Nike)

$112 Ft 36.1K

$92.9 CA$131

20.30%

Men's Leather Business Shoes

$119 Ft 38.4K

$107 CA$151

11.17%

1-bedroom Apartment, City Center (Monthly)

$832 Ft 268.8K

$1,394 CA$1,971

-40.32%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 203.3K

$1,169 CA$1,652

-46.17%

3-bedroom Apartment, City Center (Monthly)

$1,586 Ft 512.4K

$2,224 CA$3,145

-28.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,197 Ft 386.6K

$1,560 CA$2,206

-23.31%

Buy Apartment in City Center (m2)

$5,718 Ft 1.8M

$4,250 CA$6,009

34.53%

Buy Apartment Outside City Center (m2)

$3,947 Ft 1.3M

$3,892 CA$5,502

1.43%

Average Monthly Net Salary (After Tax)

$1,712 Ft 553.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

4.67

38.12%

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

Last update for Budapest: October 19, 2026

Last update for Elliot Lake, ON: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.4%

Elliot Lake, ON

$1.2K 50.3% 85.8% $540

Groceries & Markets

Budapest

$262 16%

Elliot Lake, ON

$365 15.7% 39.6% $104

Eating Out

Budapest

$226 13.8%

Elliot Lake, ON

$270 11.6% 19.2% $44

Monthly Utilities & Internet

Budapest

$222 13.5%

Elliot Lake, ON

$239 10.3% 7.6% $17

Clothing & Footwear

Budapest

$168 10.3%

Elliot Lake, ON

$134 5.8% 20.5% $35

Sport & Entertainment

Budapest

$89 5.5%

Elliot Lake, ON

$64 2.8% 28.1% $25

Getting Around

Budapest

$44 2.7%

Elliot Lake, ON

$84 3.6% 90.1% $40

Cost Breakdown

A central one-bedroom costs $832 in Budapest versus $1,394 in Elliot Lake, ON. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $61.0 in Budapest versus $65.0 in Elliot Lake, ON. Monthly groceries follow the same trend: $262 vs $365 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇨🇦 Elliot Lake, ON

🕒 Local time

17:32 5:32 PM

11:32 11:32 AM

6 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

10,741

💱 Currency

Hungarian Forint HUF Ft

Canadian Dollar CAD $

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 21, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

Canadian Dollar exchange rates as of October 21, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to HUF in detail →

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Between locations

Budapest Elliot Lake, ON 7,110 km ≈ 9 h nonstop flight

From you

Budapest
Elliot Lake, ON

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 Elliot Lake, ON: Cost of Living - Frequently Asked Questions

Yes – Elliot Lake, ON is pricier by about 42%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,461 per month in Budapest and $3,487 in Elliot Lake, ON. 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.

Public transport costs about 135% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $535 per month in Budapest and $628 in Elliot Lake, ON. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,641, than in Elliot Lake, ON at $2,324. In Budapest it covers expenses comfortably, while in Elliot Lake, ON 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, Elliot Lake, ON makes more sense. Both are solid long-term options with distinct trade-offs.