Last update: Oct 2026

Cost of Living Comparison Between Budapest and Hanko

For one person, living is cheaper in Budapest: $1,641 a month against $1,845 in Hanko, rent and utilities included – about $2,400 less a year. The total is higher in Hanko despite lower rent and utilities.

80

Cost of Living Index in Budapest
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Budapest Living Index
89

Cost of Living Index in Hanko
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Hanko Living Index

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Budapest

🇭🇺 Hungary

$1,641

/mo nomad

Hanko

🇫🇮 Finland

$1,845

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Hanko

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

A single person spends $1,641 per month in Budapest vs $1,845 in Hanko, rent included.

Budapest $1,641
Hanko $1,845

A couple spends around $2,562 per month in Budapest vs $2,870 in Hanko, rent included.

Budapest $2,562
Hanko $2,870

A family of three spends $3,483 per month in Budapest vs $3,894 in Hanko, rent included.

Budapest $3,483
Hanko $3,894

Budapest is about 11% cheaper than Hanko, and outside of rent the biggest gap is in groceries.

Both Budapest and Hanko sit above the global median – Budapest by 21%, Hanko by 36%.

Meal at Budget Restaurant

$14.04 Ft 4,536

$16.24 €14.45

-13.55%

Three-Course Dinner for Two, Mid-Range

$60.9 Ft 19.7K

$88.7 €78.9

-31.29%

Fast Food Meal (McDonalds, etc)

$10.37 Ft 3,351

$11.59 €10.31

-10.53%

Cappuccino

$3.46 Ft 1,117

$5.32 €4.73

-34.96%

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

$2.07 Ft 669

$3.00 €2.67

-31.00%

Water (0.33 liter bottle)

$1.77 Ft 572

$1.92 €1.71

-7.81%

Local Beer (0.5 liter draught)

$3.69 Ft 1,191

$7.61 €6.77

-51.51%

Imported Beer (0.33 liter bottle)

$3.80 Ft 1,229

$8.91 €7.92

-57.35%

Milk (1 liter)

$1.16 Ft 374

$1.29 €1.15

-10.08%

White Bread (500g)

$1.85 Ft 598

$2.67 €2.37

-30.71%

Rice (white) (1kg)

$2.40 Ft 776

$2.49 €2.22

-3.61%

Eggs

$3.99 Ft 1,289

$3.19 €2.84

25.08%

Local Cheese (1kg)

$11.40 Ft 3,683

$9.05 €8.05

25.97%

Chicken Fillets (1kg)

$6.87 Ft 2,221

$13.99 €12.44

-50.89%

Beef Round Steak (1kg)

$14.49 Ft 4,682

$21.10 €18.77

-31.33%

Apples (1kg)

$1.88 Ft 607

$2.34 €2.08

-19.66%

Banana (1kg)

$2.14 Ft 693

$2.12 €1.89

0.94%

Oranges (1kg)

$2.30 Ft 744

$2.54 €2.26

-9.45%

Tomato (1kg)

$4.04 Ft 1,304

$3.90 €3.47

3.59%

Potato (1kg)

$1.02 Ft 329

$1.26 €1.12

-19.05%

Onion (1kg)

$0.99 Ft 320

$1.92 €1.71

-48.44%

Lettuce (1 head)

$1.58 Ft 510

$2.81 €2.50

-43.77%

Water (1.5 liter bottle)

$0.70 Ft 225

$1.96 €1.74

-64.29%

Cigarettes 20 Pack (Marlboro, Camel)

$8.03 Ft 2,594

$12.95 €11.52

-37.99%

Wine (Bottle)

$6.18 Ft 1,997

$16.10 €14.32

-61.61%

Local Beer (0.5 liter bottle)

$1.24 Ft 401

$3.04 €2.71

-59.21%

Imported Beer (0.33 liter bottle)

$2.06 Ft 666

$3.40 €3.02

-39.41%

One-way Ticket (Public Transport)

$1.59 Ft 513

$3.25 €2.89

-51.08%

Public Transport Monthly Pass (Regular Price)

$27.52 Ft 8,893

$64.7 €57.5

-57.45%

Taxi Start (Normal Tariff)

$3.43 Ft 1,110

$4.29 €3.82

-20.05%

Taxi (Normal Tariff) (1km)

$1.33 Ft 431

$1.31 €1.16

1.53%

Taxi 1hour Waiting (Normal Tariff)

$20.45 Ft 6,607

$66.6 €59.3

-69.31%

Gasoline (1 liter)

$1.93 Ft 624

$2.35 €2.09

-17.87%

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

$29.1K Ft 9.4M

$36.4K €32.3K

-19.85%

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

$34.7K Ft 11.2M

$36.4K €32.3K

-4.51%

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

$175 Ft 56.4K

$130 €116

34.34%

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

$23.62 Ft 7,631

$24.93 €22.17

-5.25%

Internet (50+ Mbps, Unlimited Data)

$23.60 Ft 7,625

$23.64 €21.02

-0.17%

Gym Membership (Monthly)

$68.8 Ft 22.2K

$43.34 €38.55

58.84%

Tennis Court (1 Hour on Weekend)

$19.26 Ft 6,224

$22.16 €19.71

-13.09%

Cinema Ticket

$10.31 Ft 3,333

$17.97 €15.99

-42.63%

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

$535 Ft 172.9K

$335 €298

59.81%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$12.4K €11.1K

35.30%

Jeans (Levis 501 Or Similar)

$99.9 Ft 32.3K

$96.8 €86.1

3.18%

Summer Dress (H&M, Zara, etc)

$43.27 Ft 14.0K

$48.95 €43.54

-11.60%

Sport Shoes (Adidas, Nike)

$112 Ft 36.1K

$102 €91.0

9.18%

Men's Leather Business Shoes

$119 Ft 38.4K

$151 €134

-21.05%

1-bedroom Apartment, City Center (Monthly)

$832 Ft 268.8K

$785 €698

5.96%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 203.3K

$642 €571

-1.99%

3-bedroom Apartment, City Center (Monthly)

$1,586 Ft 512.4K

$1,225 €1,090

29.45%

3-bedroom Apartment, Outside City Center (Monthly)

$1,197 Ft 386.6K

$1,032 €918

15.99%

Buy Apartment in City Center (m2)

$5,718 Ft 1.8M

$4,038 €3,592

41.60%

Buy Apartment Outside City Center (m2)

$3,947 Ft 1.3M

$2,106 €1,874

87.38%

Average Monthly Net Salary (After Tax)

$1,712 Ft 553.1K

$4,380 €3,896

-60.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

3.51

83.76%

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

Last update for Budapest: October 19, 2026

Last update for Hanko: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.4%

Hanko

$642 34.8% 2% $13

Groceries & Markets

Budapest

$262 16%

Hanko

$373 20.2% 42.7% $112

Eating Out

Budapest

$226 13.8%

Hanko

$304 16.5% 34.3% $78

Monthly Utilities & Internet

Budapest

$222 13.5%

Hanko

$179 9.7% 19.5% $43

Clothing & Footwear

Budapest

$168 10.3%

Hanko

$179 9.7% 6.7% $11

Sport & Entertainment

Budapest

$89 5.5%

Hanko

$79 4.3% 11.4% $10

Getting Around

Budapest

$44 2.7%

Hanko

$89 4.8% 101% $45

Cost Breakdown

A central one-bedroom costs $832 in Budapest versus $785 in Hanko. 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 156% higher in Hanko, 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 $61.0 in Budapest versus $89.0 in Hanko. Monthly groceries follow the same trend: $262 vs $373 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇫🇮 Hanko

🕒 Local time

23:44 11:44 PM

00:44 12:44 AM

1 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

8,000

💱 Currency

Hungarian Forint HUF Ft

Euro EUR €

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 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 20, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to HUF in detail →

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Between locations

Budapest Hanko 1,390 km ≈ 2 h 15 min nonstop flight

From you

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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 Hanko: Cost of Living - Frequently Asked Questions

Yes – Hanko is pricier by about 12%, 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 $2,768 in Hanko. 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 $335 in Hanko. 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 Hanko at $1,845. In Budapest it covers expenses comfortably, while in Hanko 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, Hanko makes more sense. Both are solid long-term options with distinct trade-offs.