Last update: Oct 2026

Cost of Living Comparison Between Budapest and Ierapetra

For one person, living is cheaper in Ierapetra: $1,423 a month against $1,641 in Budapest, rent and utilities included – about $2,600 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

80

Cost of Living Index in Budapest
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Budapest Living Index
68

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Budapest

🇭🇺 Hungary

$1,641

/mo nomad

Ierapetra

🇬🇷 Greece

$1,423

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Ierapetra

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

A single person spends $1,641 per month in Budapest vs $1,423 in Ierapetra, rent included.

Budapest $1,641
Ierapetra $1,423

A couple spends around $2,562 per month in Budapest vs $2,170 in Ierapetra, rent included.

Budapest $2,562
Ierapetra $2,170

A family of three spends $3,483 per month in Budapest vs $2,916 in Ierapetra, rent included.

Budapest $3,483
Ierapetra $2,916

Budapest costs about 15% more than Ierapetra, and outside of rent the biggest gap is in eating out.

Both Budapest and Ierapetra sit above the global median – Budapest by 21%, Ierapetra by 5%.

Meal at Budget Restaurant

$14.04 Ft 4,536

$16.78 €14.92

-16.33%

Three-Course Dinner for Two, Mid-Range

$60.9 Ft 19.7K

$55.0 €48.88

10.88%

Fast Food Meal (McDonalds, etc)

$10.37 Ft 3,351

$11.05 €9.83

-6.15%

Cappuccino

$3.46 Ft 1,117

$3.89 €3.46

-11.05%

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

$2.07 Ft 669

$2.16 €1.92

-4.17%

Water (0.33 liter bottle)

$1.77 Ft 572

$0.59 €0.52

200.00%

Local Beer (0.5 liter draught)

$3.69 Ft 1,191

$4.35 €3.87

-15.17%

Imported Beer (0.33 liter bottle)

$3.80 Ft 1,229

$4.76 €4.24

-20.17%

Milk (1 liter)

$1.16 Ft 374

$1.15 €1.02

0.87%

White Bread (500g)

$1.85 Ft 598

$1.10 €0.98

68.18%

Rice (white) (1kg)

$2.40 Ft 776

$3.26 €2.90

-26.38%

Eggs

$3.99 Ft 1,289

$4.56 €4.06

-12.50%

Local Cheese (1kg)

$11.40 Ft 3,683

$16.90 €15.03

-32.54%

Chicken Fillets (1kg)

$6.87 Ft 2,221

$9.67 €8.60

-28.96%

Beef Round Steak (1kg)

$14.49 Ft 4,682

$14.64 €13.02

-1.02%

Apples (1kg)

$1.88 Ft 607

$2.20 €1.96

-14.55%

Banana (1kg)

$2.14 Ft 693

$2.12 €1.89

0.94%

Oranges (1kg)

$2.30 Ft 744

$1.11 €0.98

107.21%

Tomato (1kg)

$4.04 Ft 1,304

$1.14 €1.01

254.39%

Potato (1kg)

$1.02 Ft 329

$1.10 €0.98

-7.27%

Onion (1kg)

$0.99 Ft 320

$1.01 €0.90

-1.98%

Lettuce (1 head)

$1.58 Ft 510

$1.19 €1.06

32.77%

Water (1.5 liter bottle)

$0.70 Ft 225

$0.80 €0.71

-12.50%

Cigarettes 20 Pack (Marlboro, Camel)

$8.03 Ft 2,594

$5.43 €4.83

47.88%

Wine (Bottle)

$6.18 Ft 1,997

$9.13 €8.12

-32.31%

Local Beer (0.5 liter bottle)

$1.24 Ft 401

$1.41 €1.25

-12.06%

Imported Beer (0.33 liter bottle)

$2.06 Ft 666

$1.11 €0.99

85.59%

One-way Ticket (Public Transport)

$1.59 Ft 513

$1.31 €1.16

21.37%

Public Transport Monthly Pass (Regular Price)

$27.52 Ft 8,893

$44.59 €39.67

-38.28%

Taxi Start (Normal Tariff)

$3.43 Ft 1,110

$3.92 €3.49

-12.50%

Taxi (Normal Tariff) (1km)

$1.33 Ft 431

$2.30 €2.05

-42.17%

Taxi 1hour Waiting (Normal Tariff)

$20.45 Ft 6,607

$16.65 €14.81

22.82%

Gasoline (1 liter)

$1.93 Ft 624

$2.13 €1.89

-9.39%

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

$29.1K Ft 9.4M

$32.8K €29.2K

-11.09%

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

$34.7K Ft 11.2M

$24.7K €22.0K

40.36%

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

$175 Ft 56.4K

$151 €134

15.75%

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

$23.62 Ft 7,631

$18.01 €16.02

31.15%

Internet (50+ Mbps, Unlimited Data)

$23.60 Ft 7,625

$33.14 €29.48

-28.79%

Gym Membership (Monthly)

$68.8 Ft 22.2K

$50.2 €44.62

37.24%

Tennis Court (1 Hour on Weekend)

$19.26 Ft 6,224

$19.50 €17.35

-1.23%

Cinema Ticket

$10.31 Ft 3,333

$9.11 €8.10

13.17%

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

$535 Ft 172.9K

$471 €419

13.68%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$6,642 €5,908

153.54%

Jeans (Levis 501 Or Similar)

$99.9 Ft 32.3K

$74.2 €66.0

34.51%

Summer Dress (H&M, Zara, etc)

$43.27 Ft 14.0K

$30.62 €27.24

41.31%

Sport Shoes (Adidas, Nike)

$112 Ft 36.1K

$104 €92.3

7.63%

Men's Leather Business Shoes

$119 Ft 38.4K

$129 €114

-7.47%

1-bedroom Apartment, City Center (Monthly)

$832 Ft 268.8K

$479 €426

73.57%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 203.3K

$401 €357

56.74%

3-bedroom Apartment, City Center (Monthly)

$1,586 Ft 512.4K

$755 €672

110.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,197 Ft 386.6K

$623 €554

92.02%

Buy Apartment in City Center (m2)

$5,718 Ft 1.8M

$2,608 €2,319

119.29%

Buy Apartment Outside City Center (m2)

$3,947 Ft 1.3M

$2,171 €1,931

81.85%

Average Monthly Net Salary (After Tax)

$1,712 Ft 553.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

4.53

42.38%

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

Last update for Budapest: October 19, 2026

Last update for Ierapetra: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.4%

Ierapetra

$401 28.2% 36.2% $228

Groceries & Markets

Budapest

$262 16%

Ierapetra

$278 19.5% 6.2% $16

Eating Out

Budapest

$226 13.8%

Ierapetra

$256 18% 13.3% $30

Monthly Utilities & Internet

Budapest

$222 13.5%

Ierapetra

$202 14.2% 8.9% $20

Clothing & Footwear

Budapest

$168 10.3%

Ierapetra

$152 10.7% 9.8% $16

Sport & Entertainment

Budapest

$89 5.5%

Ierapetra

$68 4.8% 23.6% $21

Getting Around

Budapest

$44 2.7%

Ierapetra

$65 4.6% 48.4% $21

Cost Breakdown

A central one-bedroom costs $832 in Budapest versus $479 in Ierapetra. 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 $61.0 in Budapest versus $55.0 in Ierapetra. Groceries tell a different story – $262 in Budapest vs $278 in Ierapetra – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇭🇺 Budapest

🇬🇷 Ierapetra

🕒 Local time

21:23 9:23 PM

22:23 10:23 PM

1 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

12,355

💱 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 24, 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 24, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to HUF in detail →

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Between locations

Budapest Ierapetra 1,490 km ≈ 2 h 15 min nonstop flight

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Ierapetra

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 Ierapetra: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 15%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,461 per month in Budapest and $2,135 in Ierapetra. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 62% less in Ierapetra. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $535 per month in Budapest and $471 in Ierapetra. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Ierapetra, where all-in costs run around $1,423, than in Budapest at $1,641. In Ierapetra it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Ierapetra – 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 Ierapetra. 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.