Last update: Oct 2026

Cost of Living Comparison Between Budapest and Gran Canaria, Canary Islands

Name: Gran Canaria, Canary Islands
Address: Gran Canaria, Canary Islands, ES

For one person, living costs are similar in Budapest and in Gran Canaria, Canary Islands: $1,621 and $1,600 a month, rent and utilities included.

79

Cost of Living Index in Budapest
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Budapest Living Index
79

Cost of Living Index in Gran Canaria, Canary Islands
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Gran Canaria, Canary Islands Living Index

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Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Gran Canaria, Canary Islands

🇪🇸 Spain

$1,600

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Gran Canaria, Canary Islands

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 Gran Canaria, Canary Islands actually costs, broken down by who's living it.

A single person spends $1,621 per month in Budapest vs $1,600 in Gran Canaria, Canary Islands, rent included.

Budapest $1,621
Gran Canaria, Canary Islands $1,600

A couple spends around $2,555 per month in Budapest vs $2,345 in Gran Canaria, Canary Islands, rent included.

Budapest $2,555
Gran Canaria, Canary Islands $2,345

A family of three spends $3,489 per month in Budapest vs $3,090 in Gran Canaria, Canary Islands, rent included.

Budapest $3,489
Gran Canaria, Canary Islands $3,090

Budapest costs about 1% more than Gran Canaria, Canary Islands, and outside of rent the biggest gap is in clothing.

Both Budapest and Gran Canaria, Canary Islands sit above the global median – Budapest by 21%, Gran Canaria, Canary Islands by 19%.

Meal at Budget Restaurant

$13.99 Ft 4,570

$15.29 €13.70

-8.50%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.7K

$57.5 €51.5

4.98%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,255

$10.40 €9.32

-4.23%

Cappuccino

$3.38 Ft 1,105

$2.13 €1.91

58.69%

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

$2.13 Ft 696

$2.41 €2.16

-11.62%

Water (0.33 liter bottle)

$1.87 Ft 611

$1.71 €1.54

9.36%

Local Beer (0.5 liter draught)

$3.75 Ft 1,226

$3.23 €2.90

16.10%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,167

$3.38 €3.03

5.62%

Milk (1 liter)

$1.13 Ft 370

$1.20 €1.08

-5.83%

White Bread (500g)

$1.84 Ft 602

$1.35 €1.21

36.30%

Rice (white) (1kg)

$2.39 Ft 780

$1.62 €1.45

47.53%

Eggs

$3.83 Ft 1,250

$2.80 €2.51

36.79%

Local Cheese (1kg)

$11.33 Ft 3,702

$13.71 €12.28

-17.36%

Chicken Fillets (1kg)

$6.74 Ft 2,201

$8.26 €7.40

-18.40%

Beef Round Steak (1kg)

$14.69 Ft 4,800

$15.30 €13.71

-3.99%

Apples (1kg)

$1.84 Ft 600

$2.46 €2.21

-25.20%

Banana (1kg)

$2.01 Ft 656

$1.97 €1.76

2.03%

Oranges (1kg)

$2.36 Ft 770

$1.98 €1.77

19.19%

Tomato (1kg)

$3.77 Ft 1,232

$2.56 €2.29

47.27%

Potato (1kg)

$0.96 Ft 315

$1.71 €1.53

-43.86%

Onion (1kg)

$1.03 Ft 336

$2.05 €1.84

-49.76%

Lettuce (1 head)

$1.56 Ft 511

$1.31 €1.17

19.08%

Water (1.5 liter bottle)

$0.66 Ft 217

$0.76 €0.68

-13.16%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,602

$6.27 €5.61

26.95%

Wine (Bottle)

$6.01 Ft 1,963

$5.68 €5.09

5.81%

Local Beer (0.5 liter bottle)

$1.30 Ft 423

$1.25 €1.12

4.00%

Imported Beer (0.33 liter bottle)

$2.08 Ft 679

$2.04 €1.83

1.96%

One-way Ticket (Public Transport)

$1.50 Ft 491

$1.70 €1.52

-11.76%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 9,021

$34.53 €30.93

-20.04%

Taxi Start (Normal Tariff)

$3.30 Ft 1,079

$4.00 €3.58

-17.50%

Taxi (Normal Tariff) (1km)

$1.30 Ft 426

$1.24 €1.11

4.84%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,465

$24.63 €22.06

-19.69%

Gasoline (1 liter)

$1.81 Ft 593

$1.80 €1.61

0.56%

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

$29.3K Ft 9.6M

$38.4K €34.4K

-23.57%

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

$34.1K Ft 11.1M

$30.4K €27.3K

12.11%

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

$170 Ft 55.5K

$133 €119

27.66%

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

$23.98 Ft 7,836

$21.10 €18.90

13.65%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,654

$30.91 €27.69

-24.23%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$47.28 €42.36

40.10%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,266

$15.31 €13.72

25.28%

Cinema Ticket

$9.52 Ft 3,112

$9.19 €8.23

3.59%

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

$537 Ft 175.4K

$409 €366

31.35%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$8,292 €7,428

100.26%

Jeans (Levis 501 Or Similar)

$101 Ft 33.1K

$85.1 €76.2

19.10%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$35.30 €31.62

21.78%

Sport Shoes (Adidas, Nike)

$113 Ft 36.8K

$89.1 €79.8

26.59%

Men's Leather Business Shoes

$119 Ft 38.8K

$108 €96.6

10.12%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 263.1K

$843 €755

-4.45%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 205.6K

$689 €618

-8.73%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 506.3K

$1,304 €1,168

18.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 381.4K

$995 €891

17.33%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$3,345 €2,996

67.98%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$2,308 €2,068

71.90%

Average Monthly Net Salary (After Tax)

$1,626 Ft 531.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

3.5

83.71%

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

Last update for Budapest: October 5, 2026

Last update for Gran Canaria, Canary Islands: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Gran Canaria, Canary Islands

$689 42.7% 9.6% $60

Groceries & Markets

Budapest

$258 15.8%

Gran Canaria, Canary Islands

$262 16.2% 1.6% $4.1

Eating Out

Budapest

$224 13.8%

Gran Canaria, Canary Islands

$218 13.5% 2.6% $5.8

Monthly Utilities & Internet

Budapest

$217 13.4%

Gran Canaria, Canary Islands

$185 11.5% 14.8% $32

Clothing & Footwear

Budapest

$169 10.4%

Gran Canaria, Canary Islands

$143 8.8% 15.6% $26

Sport & Entertainment

Budapest

$85 5.2%

Gran Canaria, Canary Islands

$66 4.1% 23% $20

Getting Around

Budapest

$43 2.7%

Gran Canaria, Canary Islands

$52 3.2% 18.7% $8.1

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $843 in Gran Canaria, Canary Islands. 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 $60.0 in Budapest versus $57.0 in Gran Canaria, Canary Islands. Groceries tell a different story – $258 in Budapest vs $262 in Gran Canaria, Canary Islands – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇭🇺 Budapest

🇪🇸 Gran Canaria, Canary Islands

🕒 Local time

10:43 10:43 AM

09:43 9:43 AM

1 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

862,893

💱 Currency

Hungarian Forint HUF Ft

Euro EUR €

📈 Exchange rate

1,000 HUF = 3.06 USD

1,000 HUF = 2.73 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 13, 2026: 1 USD = 327 HUF (1,000 HUF = 3.06 USD). 1 EUR = 366 HUF (1,000 HUF = 2.73 EUR).

Euro exchange rates as of October 13, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to HUF in detail →

On the map

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Between locations

Budapest Gran Canaria, Canary Islands 3,690 km ≈ 5 h nonstop flight

From you

Budapest
Gran Canaria, Canary Islands

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 Gran Canaria, Canary Islands: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 1%, 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 $2,401 in Gran Canaria, Canary Islands. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 25% less in Gran Canaria, Canary Islands. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $537 per month in Budapest and $409 in Gran Canaria, Canary Islands. 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 Gran Canaria, Canary Islands, where all-in costs run around $1,600, than in Budapest at $1,621. In Gran Canaria, Canary Islands it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

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