Last update: Oct 2026

Cost of Living Comparison Between Budapest and Famagusta

For one person, living costs are similar in Budapest and in Famagusta: $1,619 and $1,638 a month, rent and utilities included.

Budapest
🇭🇺 Hungary
$1,619
/mo nomad
Famagusta
🇨🇾 Cyprus
$1,638
/mo nomad
Monthly Cost of Living

How much you'll spend in Budapest and in Famagusta

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

A single person spends $1,619 per month in Budapest vs $1,638 in Famagusta, rent included.

  • Budapest $1,619
  • Famagusta $1,638

A couple spends around $2,524 per month in Budapest vs $2,340 in Famagusta, rent included.

  • Budapest $2,524
  • Famagusta $2,340

A family of three spends $3,429 per month in Budapest vs $3,042 in Famagusta, rent included.

  • Budapest $3,429
  • Famagusta $3,042

Budapest is about 1% cheaper than Famagusta, and outside of rent the biggest gap is in clothing.

Both Budapest and Famagusta sit above the global median – Budapest by 20%, Famagusta by 21%.

Currency
🍽 Eating Out
Budapest
Famagusta
Difference
Meal at Budget Restaurant
$13.94 Ft 4,521
$17.05 €15.21
-18.24%
Three-Course Dinner for Two, Mid-Range
$61.2 Ft 19.9K
$56.9 €50.7
7.63%
Fast Food Meal (McDonalds, etc)
$10.19 Ft 3,304
$8.85 €7.89
15.14%
Cappuccino
$3.26 Ft 1,059
$3.60 €3.21
-9.44%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.14 Ft 693
$1.14 €1.02
87.72%
Water (0.33 liter bottle)
$1.78 Ft 579
$1.14 €1.02
56.14%
Local Beer (0.5 liter draught)
$3.71 Ft 1,203
$4.15 €3.70
-10.60%
Imported Beer (0.33 liter bottle)
$3.77 Ft 1,222
$4.02 €3.59
-6.22%
🛒 Groceries & Markets
Budapest
Famagusta
Difference
Milk (1 liter)
$1.15 Ft 372
$1.89 €1.69
-39.15%
White Bread (500g)
$1.79 Ft 580
$1.48 €1.32
20.95%
Rice (white) (1kg)
$2.49 Ft 807
$2.15 €1.92
15.81%
Eggs
$3.90 Ft 1,266
$4.46 €3.98
-12.56%
Local Cheese (1kg)
$11.10 Ft 3,602
$9.32 €8.32
19.10%
Chicken Fillets (1kg)
$6.62 Ft 2,147
$9.07 €8.09
-27.01%
Beef Round Steak (1kg)
$14.69 Ft 4,764
$12.38 €11.04
18.66%
Apples (1kg)
$1.83 Ft 594
$3.23 €2.88
-43.34%
Banana (1kg)
$2.05 Ft 664
$1.85 €1.65
10.81%
Oranges (1kg)
$2.37 Ft 769
$2.00 €1.78
18.50%
Tomato (1kg)
$3.90 Ft 1,265
$2.89 €2.57
34.95%
Potato (1kg)
$0.99 Ft 322
$1.42 €1.26
-30.28%
Onion (1kg)
$1.00 Ft 323
$1.14 €1.01
-12.28%
Lettuce (1 head)
$1.58 Ft 513
$0.62 €0.56
154.84%
Water (1.5 liter bottle)
$0.67 Ft 217
$1.05 €0.93
-36.19%
Cigarettes 20 Pack (Marlboro, Camel)
$7.96 Ft 2,582
$5.64 €5.03
41.13%
Wine (Bottle)
$6.22 Ft 2,017
$6.52 €5.82
-4.60%
Local Beer (0.5 liter bottle)
$1.27 Ft 413
$1.73 €1.54
-26.59%
Imported Beer (0.33 liter bottle)
$2.03 Ft 657
$1.97 €1.76
3.05%
🚌 Getting Around
Budapest
Famagusta
Difference
One-way Ticket (Public Transport)
$1.52 Ft 492
$2.15 €1.92
-29.30%
Public Transport Monthly Pass (Regular Price)
$28.02 Ft 9,089
$50.2 €44.74
-44.14%
Taxi Start (Normal Tariff)
$3.31 Ft 1,074
$5.49 €4.90
-39.71%
Taxi (Normal Tariff) (1km)
$1.37 Ft 444
$2.10 €1.87
-34.76%
Taxi 1hour Waiting (Normal Tariff)
$19.83 Ft 6,432
$21.91 €19.54
-9.49%
Gasoline (1 liter)
$1.82 Ft 591
$1.67 €1.49
8.98%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.8K Ft 9.7M
$26.9K €24.0K
10.59%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.8K Ft 11.0M
$23.6K €21.1K
43.24%
🧾 Monthly Utilities & Internet
Budapest
Famagusta
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$171 Ft 55.5K
$185 €165
-7.52%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$23.51 Ft 7,627
$24.30 €21.68
-3.25%
Internet (50+ Mbps, Unlimited Data)
$23.29 Ft 7,556
$32.85 €29.31
-29.10%
🎉 Sport & Entertainment
Budapest
Famagusta
Difference
Gym Membership (Monthly)
$67.5 Ft 21.9K
$43.90 €39.16
53.83%
Tennis Court (1 Hour on Weekend)
$18.89 Ft 6,129
$16.85 €15.03
12.11%
Cinema Ticket
$9.30 Ft 3,016
$11.25 €10.04
-17.33%
🧸 Childcare & Education
Budapest
Famagusta
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$533 Ft 173.0K
$432 €385
23.43%
International Primary School, 1 Child (Yearly)
$16.8K Ft 5.4M
$2,903 €2,589
477.22%
👕👟 Clothing & Footwear
Budapest
Famagusta
Difference
Jeans (Levis 501 Or Similar)
$99.6 Ft 32.3K
$49.49 €44.15
101.27%
Summer Dress (H&M, Zara, etc)
$43.49 Ft 14.1K
$32.97 €29.41
31.91%
Sport Shoes (Adidas, Nike)
$110 Ft 35.8K
$91.9 €82.0
20.03%
Men's Leather Business Shoes
$119 Ft 38.6K
$88.8 €79.2
33.93%
🏠 Accommodation & Living
Budapest
Famagusta
Difference
1-bedroom Apartment, City Center (Monthly)
$830 Ft 269.4K
$667 €595
24.51%
1-bedroom Apartment, Outside City Center (Monthly)
$622 Ft 201.7K
$625 €557
-0.42%
3-bedroom Apartment, City Center (Monthly)
$1,594 Ft 516.9K
$960 €856
66.02%
3-bedroom Apartment, Outside City Center (Monthly)
$1,170 Ft 379.6K
$793 €707
47.65%
Buy Apartment in City Center (m2)
$5,832 Ft 1.9M
$3,677 €3,280
58.61%
Buy Apartment Outside City Center (m2)
$3,889 Ft 1.3M
$2,305 €2,056
68.71%
💵 Salaries & Financials
Budapest
Famagusta
Difference
Average Monthly Net Salary (After Tax)
$1,651 Ft 535.6K
$890 €794
85.48%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.45
3.31
94.86%

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

Last update for Budapest: October 13, 2026

Last update for Famagusta: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Budapest
$622
Famagusta
$625 0.4% $2.6
Groceries & Markets
Budapest
$258
Famagusta
$268 3.7% $9.6
Eating Out
Budapest
$223
Famagusta
$244 9.4% $21
Monthly Utilities & Internet
Budapest
$218
Famagusta
$242 11.1% $24
Clothing & Footwear
Budapest
$168
Famagusta
$118 29.3% $49
Sport & Entertainment
Budapest
$86
Famagusta
$66 22.9% $20
Getting Around
Budapest
$44
Famagusta
$75 69% $31

Cost Breakdown

A central one-bedroom costs $830 in Budapest versus $667 in Famagusta. 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 85% higher in Budapest, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $61.0 in Budapest versus $57.0 in Famagusta. Groceries tell a different story – $258 in Budapest vs $268 in Famagusta – so Budapest wins on supermarket bills even if dining out costs more.

Good to know
🇭🇺 Budapest
🇨🇾 Famagusta
🕒 Local time
14:48 2:48 PM
15:48 3:48 PM
1 h ahead of Budapest
🌤 Weather
👥 Population
1,686,222 Capital
42,526
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to HUF – Hungarian Forint Converter

Hungarian Forint exchange rates as of October 15, 2026: 1 USD = 324 HUF (1,000 HUF = 3.08 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

Euro exchange rates as of October 15, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Budapest Famagusta 1,850 km ≈ 2 h 45 min nonstop flight
From you
  • Budapest
  • Famagusta

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 Famagusta: Cost of Living - Frequently Asked Questions
Is Famagusta cheaper than Budapest?
Yes – Famagusta is pricier by about 1%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $2,428 per month in Budapest and $2,457 in Famagusta. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Which city has cheaper public transport?
Public transport costs about 79% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $533 per month in Budapest and $432 in Famagusta. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,500 a realistic budget for living in Budapest or in Famagusta?
A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,619, than in Famagusta at $1,638. In Budapest it covers expenses comfortably, while in Famagusta it requires careful planning or may not stretch far enough.
Is Budapest or Famagusta more family-friendly?
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.
Which city is safer, Budapest or Famagusta?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Famagusta makes more sense. Both are solid long-term options with distinct trade-offs.

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