Last update: Oct 2026

Cost of Living Comparison Between Budapest and Forbes

For one person, living is cheaper in Budapest: $1,638 a month against $2,543 in Forbes, rent and utilities included – about $10,900 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Budapest
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Budapest Living Index
122

Cost of Living Index in Forbes
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Forbes Living Index

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Budapest

🇭🇺 Hungary

$1,638

/mo nomad

Forbes

🇦🇺 Australia

$2,543

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Forbes

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

A single person spends $1,638 per month in Budapest vs $2,543 in Forbes, rent included.

Budapest $1,638
Forbes $2,543

A couple spends around $2,553 per month in Budapest vs $3,751 in Forbes, rent included.

Budapest $2,553
Forbes $3,751

A family of three spends $3,467 per month in Budapest vs $4,958 in Forbes, rent included.

Budapest $3,467
Forbes $4,958

Budapest is about 36% cheaper than Forbes, and outside of rent the biggest gap is in groceries.

Both Budapest and Forbes sit above the global median – Budapest by 20%, Forbes by 87%.

Meal at Budget Restaurant

$13.81 Ft 4,552

$15.91 A$22.61

-13.20%

Three-Course Dinner for Two, Mid-Range

$61.5 Ft 20.3K

$94.9 A$135

-35.23%

Fast Food Meal (McDonalds, etc)

$10.16 Ft 3,349

$11.31 A$16.07

-10.17%

Cappuccino

$3.22 Ft 1,062

$3.52 A$5.00

-8.52%

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

$2.06 Ft 680

$2.99 A$4.24

-31.10%

Water (0.33 liter bottle)

$1.83 Ft 605

$2.37 A$3.37

-22.78%

Local Beer (0.5 liter draught)

$3.60 Ft 1,188

$6.98 A$9.92

-48.42%

Imported Beer (0.33 liter bottle)

$3.66 Ft 1,208

$7.40 A$10.52

-50.54%

Milk (1 liter)

$1.19 Ft 392

$1.69 A$2.41

-29.59%

White Bread (500g)

$1.87 Ft 617

$2.42 A$3.44

-22.73%

Rice (white) (1kg)

$2.37 Ft 780

$2.14 A$3.04

10.75%

Eggs

$3.96 Ft 1,305

$5.00 A$7.10

-20.80%

Local Cheese (1kg)

$11.16 Ft 3,680

$10.16 A$14.44

9.84%

Chicken Fillets (1kg)

$6.76 Ft 2,228

$9.52 A$13.53

-28.99%

Beef Round Steak (1kg)

$14.35 Ft 4,731

$13.72 A$19.49

4.59%

Apples (1kg)

$1.81 Ft 596

$3.78 A$5.37

-52.12%

Banana (1kg)

$2.11 Ft 695

$3.01 A$4.27

-29.90%

Oranges (1kg)

$2.33 Ft 770

$3.55 A$5.05

-34.37%

Tomato (1kg)

$3.80 Ft 1,254

$4.92 A$6.99

-22.76%

Potato (1kg)

$0.99 Ft 327

$2.50 A$3.55

-60.40%

Onion (1kg)

$0.98 Ft 324

$2.55 A$3.63

-61.57%

Lettuce (1 head)

$1.55 Ft 512

$2.28 A$3.24

-32.02%

Water (1.5 liter bottle)

$0.70 Ft 230

$1.45 A$2.06

-51.72%

Cigarettes 20 Pack (Marlboro, Camel)

$7.79 Ft 2,569

$46.43 A$66.0

-83.22%

Wine (Bottle)

$6.05 Ft 1,995

$12.36 A$17.57

-51.05%

Local Beer (0.5 liter bottle)

$1.28 Ft 421

$4.75 A$6.75

-73.05%

Imported Beer (0.33 liter bottle)

$2.04 Ft 672

$5.80 A$8.24

-64.83%

One-way Ticket (Public Transport)

$1.55 Ft 511

$2.66 A$3.78

-41.73%

Public Transport Monthly Pass (Regular Price)

$27.28 Ft 8,995

$78.5 A$111

-65.23%

Taxi Start (Normal Tariff)

$3.30 Ft 1,087

$3.70 A$5.26

-10.81%

Taxi (Normal Tariff) (1km)

$1.31 Ft 433

$1.72 A$2.45

-23.84%

Taxi 1hour Waiting (Normal Tariff)

$20.26 Ft 6,679

$45.70 A$64.9

-55.67%

Gasoline (1 liter)

$1.82 Ft 600

$1.25 A$1.78

45.60%

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

$28.7K Ft 9.5M

$33.8K A$48.1K

-15.07%

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

$33.1K Ft 10.9M

$28.1K A$40.0K

17.52%

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

$172 Ft 56.8K

$195 A$277

-11.66%

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

$23.95 Ft 7,897

$23.66 A$33.62

1.23%

Internet (50+ Mbps, Unlimited Data)

$23.31 Ft 7,685

$53.4 A$75.8

-56.33%

Gym Membership (Monthly)

$68.6 Ft 22.6K

$59.1 A$84.0

16.04%

Tennis Court (1 Hour on Weekend)

$18.91 Ft 6,235

$19.72 A$28.02

-4.11%

Cinema Ticket

$10.18 Ft 3,356

$12.05 A$17.13

-15.52%

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

$600 Ft 197.9K

$2,301 A$3,269

-73.90%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.5M

$21.3K A$30.3K

-21.31%

Jeans (Levis 501 Or Similar)

$99.0 Ft 32.6K

$80.6 A$115

22.84%

Summer Dress (H&M, Zara, etc)

$43.25 Ft 14.3K

$56.7 A$80.6

-23.76%

Sport Shoes (Adidas, Nike)

$113 Ft 37.2K

$117 A$166

-3.17%

Men's Leather Business Shoes

$117 Ft 38.6K

$124 A$176

-5.39%

1-bedroom Apartment, City Center (Monthly)

$836 Ft 275.6K

$1,558 A$2,213

-46.32%

1-bedroom Apartment, Outside City Center (Monthly)

$640 Ft 210.9K

$1,278 A$1,816

-49.93%

3-bedroom Apartment, City Center (Monthly)

$1,598 Ft 526.9K

$2,463 A$3,499

-35.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,205 Ft 397.3K

$2,041 A$2,901

-40.97%

Buy Apartment in City Center (m2)

$5,625 Ft 1.9M

$5,228 A$7,428

7.61%

Buy Apartment Outside City Center (m2)

$3,802 Ft 1.3M

$5,146 A$7,312

-26.13%

Average Monthly Net Salary (After Tax)

$1,671 Ft 551.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

5.9

9.32%

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

Last update for Budapest: October 27, 2026

Last update for Forbes: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$640 39.1%

Forbes

$1.3K 50.3% 99.7% $638

Groceries & Markets

Budapest

$258 15.8%

Forbes

$364 14.3% 40.9% $106

Eating Out

Budapest

$221 13.5%

Forbes

$275 10.8% 24.5% $54

Monthly Utilities & Internet

Budapest

$219 13.4%

Forbes

$272 10.7% 23.9% $53

Clothing & Footwear

Budapest

$168 10.2%

Forbes

$170 6.7% 1.5% $2.4

Sport & Entertainment

Budapest

$89 5.4%

Forbes

$83 3.3% 6.5% $5.7

Getting Around

Budapest

$43 2.7%

Forbes

$101 4% 134% $58

Cost Breakdown

A central one-bedroom costs $836 in Budapest versus $1,558 in Forbes. 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 in Budapest versus $95 in Forbes. Monthly groceries follow the same trend: $258 vs $364 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇦🇺 Forbes

🕒 Local time

17:14 5:14 PM

03:14 3:14 AM

10 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

8,481

💱 Currency

Hungarian Forint HUF Ft

Australian Dollar AUD $

📈 Exchange rate

1,000 HUF = 3.03 USD

1,000 HUF = 2.73 EUR

1 AUD = 0.704 USD

1 AUD = 0.632 EUR

Exchange rates and currency converter

AUD, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 28, 2026: 1 USD = 330 HUF (1,000 HUF = 3.03 USD). 1 EUR = 367 HUF (1,000 HUF = 2.73 EUR).

Australian Dollar exchange rates as of October 28, 2026: 1 USD = 1.42 AUD (1 AUD = 0.704 USD). 1 EUR = 1.58 AUD (1 AUD = 0.632 EUR).

USD to HUF in detail →

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Between locations

Budapest Forbes 15,510 km ≈ 20 h nonstop flight

From you

Budapest
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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 Forbes: Cost of Living - Frequently Asked Questions

Yes – Forbes is pricier by about 55%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,457 per month in Budapest and $3,814 in Forbes. 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: a one-bedroom in the center costs $836 there versus $1,558 in Forbes.

Public transport costs about 65% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $600 per month in Budapest and $2,301 in Forbes. 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 $1,638, than in Forbes at $2,543. In Budapest it covers expenses comfortably, while in Forbes 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.

For expats, Budapest is the easier option financially – housing and daily costs are lower, and the 55% gap matters a lot on a fixed budget or early-career salary.