Last update: Oct 2026

Cost of Living Comparison Between Budapest and Ipswich

For one person, living is cheaper in Budapest: $1,619 a month against $2,037 in Ipswich, rent and utilities included – about $5,000 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
108

Cost of Living Index in Ipswich
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Ipswich Living Index

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Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Ipswich

🇦🇺 Australia

$2,037

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Ipswich

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

A single person spends $1,619 per month in Budapest vs $2,037 in Ipswich, rent included.

Budapest $1,619
Ipswich $2,037

A couple spends around $2,524 per month in Budapest vs $2,901 in Ipswich, rent included.

Budapest $2,524
Ipswich $2,901

A family of three spends $3,429 per month in Budapest vs $3,766 in Ipswich, rent included.

Budapest $3,429
Ipswich $3,766

Budapest is about 21% cheaper than Ipswich, and outside of rent the biggest gap is in eating out.

Both Budapest and Ipswich sit above the global median – Budapest by 20%, Ipswich by 51%.

Meal at Budget Restaurant

$13.94 Ft 4,503

$31.50 A$45.33

-55.75%

Three-Course Dinner for Two, Mid-Range

$61.2 Ft 19.8K

$74.1 A$107

-17.40%

Fast Food Meal (McDonalds, etc)

$10.19 Ft 3,291

$9.98 A$14.36

2.10%

Cappuccino

$3.26 Ft 1,055

$4.54 A$6.53

-28.19%

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

$2.14 Ft 690

$3.92 A$5.64

-45.41%

Water (0.33 liter bottle)

$1.78 Ft 577

$2.50 A$3.60

-28.80%

Local Beer (0.5 liter draught)

$3.71 Ft 1,198

$9.04 A$13.01

-58.96%

Imported Beer (0.33 liter bottle)

$3.77 Ft 1,217

$7.61 A$10.94

-50.46%

Milk (1 liter)

$1.15 Ft 371

$2.42 A$3.48

-52.48%

White Bread (500g)

$1.79 Ft 578

$2.37 A$3.41

-24.47%

Rice (white) (1kg)

$2.49 Ft 804

$2.22 A$3.19

12.16%

Eggs

$3.90 Ft 1,261

$7.14 A$10.27

-45.38%

Local Cheese (1kg)

$11.10 Ft 3,587

$7.32 A$10.53

51.64%

Chicken Fillets (1kg)

$6.62 Ft 2,139

$8.24 A$11.86

-19.66%

Beef Round Steak (1kg)

$14.69 Ft 4,745

$14.05 A$20.22

4.56%

Apples (1kg)

$1.83 Ft 591

$3.37 A$4.86

-45.70%

Banana (1kg)

$2.05 Ft 661

$2.57 A$3.70

-20.23%

Oranges (1kg)

$2.37 Ft 765

$2.85 A$4.10

-16.84%

Tomato (1kg)

$3.90 Ft 1,260

$3.76 A$5.41

3.72%

Potato (1kg)

$0.99 Ft 320

$1.99 A$2.87

-50.25%

Onion (1kg)

$1.00 Ft 322

$2.05 A$2.95

-51.22%

Lettuce (1 head)

$1.58 Ft 511

$2.46 A$3.54

-35.77%

Water (1.5 liter bottle)

$0.67 Ft 216

$1.78 A$2.56

-62.36%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,572

$44.60 A$64.2

-82.15%

Wine (Bottle)

$6.22 Ft 2,009

$22.31 A$32.11

-72.12%

Local Beer (0.5 liter bottle)

$1.27 Ft 411

$6.21 A$8.93

-79.55%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

$7.15 A$10.28

-71.61%

One-way Ticket (Public Transport)

$1.52 Ft 490

$0.36 A$0.52

322.22%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$3.31 Ft 1,070

$2.18 A$3.14

51.83%

Taxi (Normal Tariff) (1km)

$1.37 Ft 442

$1.56 A$2.25

-12.18%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

$36.12 A$52.0

-45.10%

Gasoline (1 liter)

$1.82 Ft 589

$1.47 A$2.11

23.81%

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

$29.8K Ft 9.6M

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

$33.8K Ft 10.9M

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

$171 Ft 55.3K

$90.9 A$131

88.33%

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

$23.51 Ft 7,596

$30.70 A$44.18

-23.42%

Internet (50+ Mbps, Unlimited Data)

$23.29 Ft 7,526

$63.2 A$90.9

-63.14%

Gym Membership (Monthly)

$67.5 Ft 21.8K

$17.21 A$24.76

292.39%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$9.30 Ft 3,004

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

$533 Ft 172.3K

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

Jeans (Levis 501 Or Similar)

$99.6 Ft 32.2K

Summer Dress (H&M, Zara, etc)

$43.49 Ft 14.0K

Sport Shoes (Adidas, Nike)

$110 Ft 35.7K

Men's Leather Business Shoes

$119 Ft 38.4K

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

$1,026 A$1,476

-19.04%

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

$1,016 A$1,463

-38.81%

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

$1,416 A$2,038

12.51%

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

$1,402 A$2,018

-16.53%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

$4,146 A$5,966

-60.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

5.98

7.86%

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

Last update for Budapest: October 13, 2026

Last update for Ipswich: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$622 38.4%

Ipswich

$1K 49.9% 63.4% $394

Groceries & Markets

Budapest

$258 15.9%

Ipswich

$384 18.9% 49% $126

Eating Out

Budapest

$223 13.8%

Ipswich

$423 20.8% 89.5% $200

Monthly Utilities & Internet

Budapest

$218 13.5%

Ipswich

$185 9.1% 15.2% $33

Clothing & Footwear

Budapest

$168 10.4%

Ipswich

- * 0% 100%

Sport & Entertainment

Budapest

$86 5.3%

Ipswich

$17 * 0.9% 80% $69

Getting Around

Budapest

$44 2.7%

Ipswich

$11 * 0.6% 74.1% $33

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $830 in Budapest versus $1,026 in Ipswich. 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 151% higher in Ipswich, 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 $74.0 in Ipswich. Monthly groceries follow the same trend: $258 vs $384 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇦🇺 Ipswich

🕒 Local time

21:05 9:05 PM

05:05 5:05 AM

8 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

229,208

💱 Currency

Hungarian Forint HUF Ft

Australian Dollar AUD $

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

1 AUD = 0.695 USD

1 AUD = 0.618 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 17, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

Australian Dollar exchange rates as of October 17, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

USD to HUF in detail →

On the map

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Between locations

Budapest Ipswich 15,460 km ≈ 20 h nonstop flight

From you

Budapest
Ipswich

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 Ipswich: Cost of Living - Frequently Asked Questions

Yes – Ipswich is pricier by about 26%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,428 per month in Budapest and $3,055 in Ipswich. 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.

Groceries cost about 49% more in Ipswich, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $61.0 in Budapest and $74.0 in Ipswich. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,619, than in Ipswich at $2,037. In Budapest it covers expenses comfortably, while in Ipswich 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, Ipswich makes more sense. Both are solid long-term options with distinct trade-offs.