Cost of Living Comparison Between Budapest and Herceg Novi Cost of Living Comparison Between Budapest and Herceg Novi

Monthly Cost of Living

A single person spends $1,463 per month in Budapest vs $1,465 in Herceg Novi, rent included.

A couple spends around $2,209 per month in Budapest vs $2,156 in Herceg Novi, rent included.

A family of three spends $2,955 per month in Budapest vs $2,848 in Herceg Novi, rent included.

Budapest and Herceg Novi have comparable living costs – the differences are in the details.

Both Budapest and Herceg Novi sit above the global median – Budapest by 10%, Herceg Novi by 10%.

Meal at Budget Restaurant

$11.48 Ft 3,648

$11.53 €10.08

-0.43%

Three-Course Dinner for Two, Mid-Range

$56.4 Ft 17.9K

$37.39 €32.72

50.95%

Fast Food Meal (McDonalds, etc)

$8.73 Ft 2,775

$10.47 €9.16

-16.62%

Cappuccino

$2.85 Ft 906

$2.61 €2.29

9.20%

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

$1.74 Ft 552

$2.82 €2.46

-38.30%

Water (0.33 liter bottle)

$1.31 Ft 416

$1.94 €1.70

-32.47%

Local Beer (0.5 liter draught)

$2.80 Ft 888

$2.93 €2.57

-4.44%

Imported Beer (0.33 liter bottle)

$2.93 Ft 932

$2.98 €2.60

-1.68%

Milk (1 liter)

$1.27 Ft 403

$1.39 €1.21

-8.63%

White Bread (500g)

$1.75 Ft 556

$0.93 €0.81

88.17%

Rice (white) (1kg)

$2.11 Ft 672

$2.53 €2.22

-16.60%

Eggs

$3.16 Ft 1,004

$3.18 €2.78

-0.63%

Local Cheese (1kg)

$9.91 Ft 3,148

$8.94 €7.82

10.85%

Chicken Fillets (1kg)

$6.32 Ft 2,008

$7.63 €6.67

-17.17%

Beef Round Steak (1kg)

$13.58 Ft 4,315

$11.69 €10.22

16.17%

Apples (1kg)

$1.91 Ft 606

$1.32 €1.16

44.70%

Banana (1kg)

$2.00 Ft 635

$1.69 €1.48

18.34%

Oranges (1kg)

$2.15 Ft 684

$1.63 €1.43

31.90%

Tomato (1kg)

$3.59 Ft 1,140

$3.00 €2.62

19.67%

Potato (1kg)

$1.12 Ft 357

$1.09 €0.96

2.75%

Onion (1kg)

$1.21 Ft 383

$1.40 €1.23

-13.57%

Lettuce (1 head)

$1.54 Ft 490

$1.55 €1.36

-0.65%

Water (1.5 liter bottle)

$0.55 Ft 173

$0.82 €0.71

-32.93%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 Ft 2,158

$3.66 €3.21

85.52%

Wine (Bottle)

$5.78 Ft 1,837

$4.66 €4.08

24.03%

Local Beer (0.5 liter bottle)

$1.20 Ft 381

$1.23 €1.08

-2.44%

Imported Beer (0.33 liter bottle)

$1.65 Ft 525

$1.77 €1.55

-6.78%

One-way Ticket (Public Transport)

$1.27 Ft 404

$1.15 €1.00

10.43%

Public Transport Monthly Pass (Regular Price)

$25.94 Ft 8,244

$58.1 €50.8

-55.33%

Taxi Start (Normal Tariff)

$3.26 Ft 1,035

$2.28 €1.99

42.98%

Taxi (Normal Tariff) (1km)

$1.12 Ft 356

$0.74 €0.65

51.35%

Taxi 1hour Waiting (Normal Tariff)

$19.21 Ft 6,105

$17.59 €15.39

9.21%

Gasoline (1 liter)

$1.76 Ft 560

$1.79 €1.57

-1.68%

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

$26.3K Ft 8.4M

$34.1K €29.8K

-22.93%

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

$30.7K Ft 9.7M

$22.1K €19.4K

38.60%

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

$144 Ft 45.6K

$139 €121

3.42%

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

$26.33 Ft 8,367

$16.73 €14.63

57.38%

Internet (50+ Mbps, Unlimited Data)

$20.06 Ft 6,375

$31.83 €27.85

-36.98%

Gym Membership (Monthly)

$63.2 Ft 20.1K

$58.0 €50.7

9.08%

Tennis Court (1 Hour on Weekend)

$21.87 Ft 6,949

$11.58 €10.14

88.86%

Cinema Ticket

$8.90 Ft 2,828

$8.24 €7.21

8.01%

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

$450 Ft 143.1K

$521 €456

-13.57%

International Primary School, 1 Child (Yearly)

$12.1K Ft 3.9M

$7,796 €6,821

55.55%

Jeans (Levis 501 Or Similar)

$84.6 Ft 26.9K

$87.2 €76.3

-3.01%

Summer Dress (H&M, Zara, etc)

$42.60 Ft 13.5K

$35.17 €30.77

21.13%

Sport Shoes (Adidas, Nike)

$98.2 Ft 31.2K

$75.7 €66.2

29.77%

Men's Leather Business Shoes

$104 Ft 32.9K

$96.4 €84.4

7.33%

1-bedroom Apartment, City Center (Monthly)

$715 Ft 227.2K

$741 €649

-3.53%

1-bedroom Apartment, Outside City Center (Monthly)

$560 Ft 178.0K

$564 €493

-0.64%

3-bedroom Apartment, City Center (Monthly)

$1,339 Ft 425.4K

$1,392 €1,218

-3.82%

3-bedroom Apartment, Outside City Center (Monthly)

$971 Ft 308.5K

$974 €852

-0.35%

Buy Apartment in City Center (m2)

$6,062 Ft 1.9M

$3,656 €3,198

65.82%

Buy Apartment Outside City Center (m2)

$4,298 Ft 1.4M

$2,513 €2,198

71.07%

Average Monthly Net Salary (After Tax)

$1,751 Ft 556.4K

$1,059 €927

65.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.03

40.60%

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

Last update for Budapest: July 13, 2026

Last update for Herceg Novi: July 11, 2026

Cost Breakdown

A central one-bedroom costs $715 in Budapest versus $741 in Herceg Novi. 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 65% higher in Budapest. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $56.0 in Budapest versus $37.00 in Herceg Novi. Monthly groceries follow the same trend: $241 vs $225 – making Herceg Novi the more affordable choice for daily food spending.

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 Herceg Novi: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,194 per month in Budapest and $2,197 in Herceg Novi. 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.

A mid-range dinner for two costs $56.0 in Budapest and $37.00 in Herceg Novi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 124% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Budapest, where all-in costs run around $1,463, than in Herceg Novi at $1,465. In Budapest it covers expenses comfortably, while in Herceg Novi 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, Herceg Novi makes more sense. Both are solid long-term options with distinct trade-offs.