Last update: Oct 2026

Cost of Living Comparison Between Budapest and Las Palmas de Gran Canaria

For one person, living is cheaper in Budapest: $1,621 a month against $1,718 in Las Palmas de Gran Canaria, rent and utilities included – about $1,200 less a year. Higher rent and utilities in Las Palmas de Gran Canaria outweigh lower spending on other living expenses.

79

Cost of Living Index in Budapest
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Budapest Living Index
83

Cost of Living Index in Las Palmas de Gran Canaria
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Las Palmas de Gran Canaria Living Index

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Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Las Palmas de Gran Canaria

🇪🇸 Spain

$1,718

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Las Palmas de Gran Canaria

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 Las Palmas de Gran Canaria actually costs, broken down by who's living it.

A single person spends $1,621 per month in Budapest vs $1,718 in Las Palmas de Gran Canaria, rent included.

Budapest $1,621
Las Palmas de Gran Canaria $1,718

A couple spends around $2,555 per month in Budapest vs $2,608 in Las Palmas de Gran Canaria, rent included.

Budapest $2,555
Las Palmas de Gran Canaria $2,608

A family of three spends $3,489 per month in Budapest vs $3,497 in Las Palmas de Gran Canaria, rent included.

Budapest $3,489
Las Palmas de Gran Canaria $3,497

Budapest is about 6% cheaper than Las Palmas de Gran Canaria, and outside of rent the biggest gap is in groceries.

Both Budapest and Las Palmas de Gran Canaria sit above the global median – Budapest by 21%, Las Palmas de Gran Canaria by 28%.

Meal at Budget Restaurant

$13.99 Ft 4,555

$13.23 €11.80

5.74%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.7K

$72.8 €64.9

-17.12%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,244

$10.46 €9.33

-4.78%

Cappuccino

$3.38 Ft 1,102

$2.57 €2.29

31.52%

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

$2.13 Ft 693

$2.14 €1.91

-0.47%

Water (0.33 liter bottle)

$1.87 Ft 609

$1.68 €1.50

11.31%

Local Beer (0.5 liter draught)

$3.75 Ft 1,222

$3.18 €2.84

17.92%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,163

$3.56 €3.17

0.28%

Milk (1 liter)

$1.13 Ft 369

$1.09 €0.97

3.67%

White Bread (500g)

$1.84 Ft 600

$1.66 €1.48

10.84%

Rice (white) (1kg)

$2.39 Ft 777

$1.66 €1.48

43.98%

Eggs

$3.83 Ft 1,246

$3.58 €3.19

6.98%

Local Cheese (1kg)

$11.33 Ft 3,689

$12.28 €10.94

-7.74%

Chicken Fillets (1kg)

$6.74 Ft 2,194

$9.80 €8.74

-31.22%

Beef Round Steak (1kg)

$14.69 Ft 4,784

$18.20 €16.22

-19.29%

Apples (1kg)

$1.84 Ft 598

$2.53 €2.26

-27.27%

Banana (1kg)

$2.01 Ft 654

$2.56 €2.28

-21.48%

Oranges (1kg)

$2.36 Ft 767

$2.34 €2.09

0.85%

Tomato (1kg)

$3.77 Ft 1,227

$2.54 €2.26

48.43%

Potato (1kg)

$0.96 Ft 314

$2.43 €2.16

-60.49%

Onion (1kg)

$1.03 Ft 335

$2.30 €2.05

-55.22%

Lettuce (1 head)

$1.56 Ft 509

$1.95 €1.74

-20.00%

Water (1.5 liter bottle)

$0.66 Ft 216

$0.83 €0.74

-20.48%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,594

$4.62 €4.12

72.29%

Wine (Bottle)

$6.01 Ft 1,956

$6.62 €5.90

-9.21%

Local Beer (0.5 liter bottle)

$1.30 Ft 422

$1.79 €1.60

-27.37%

Imported Beer (0.33 liter bottle)

$2.08 Ft 677

$2.62 €2.34

-20.61%

One-way Ticket (Public Transport)

$1.50 Ft 490

$1.78 €1.59

-15.73%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,991

$15.55 €13.87

77.56%

Taxi Start (Normal Tariff)

$3.30 Ft 1,075

$3.43 €3.06

-3.79%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$2.28 €2.03

-42.98%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,442

$27.99 €24.95

-29.33%

Gasoline (1 liter)

$1.81 Ft 591

$1.75 €1.56

3.43%

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

$29.3K Ft 9.6M

$35.2K €31.4K

-16.65%

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

$34.1K Ft 11.1M

$29.2K €26.1K

16.65%

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

$170 Ft 55.3K

$115 €103

47.79%

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

$23.98 Ft 7,809

$19.87 €17.72

20.68%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,628

$28.64 €25.53

-18.23%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$43.29 €38.60

53.01%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,245

$16.66 €14.85

15.13%

Cinema Ticket

$9.52 Ft 3,101

$9.15 €8.15

4.04%

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

$537 Ft 174.8K

$475 €423

13.05%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$6,698 €5,972

147.92%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$87.0 €77.5

16.55%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$38.21 €34.07

12.51%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$92.7 €82.6

21.66%

Men's Leather Business Shoes

$119 Ft 38.7K

$121 €108

-1.62%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.2K

$965 €861

-16.58%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.9K

$775 €691

-18.76%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.6K

$1,533 €1,367

1.08%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 380.1K

$1,196 €1,066

-2.43%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$3,200 €2,853

75.59%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$1,829 €1,631

116.95%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.5K

$1,697 €1,513

-4.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

3.15

104.13%

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

Last update for Budapest: October 5, 2026

Last update for Las Palmas de Gran Canaria: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Las Palmas de Gran Canaria

$775 45.8% 23.1% $145

Groceries & Markets

Budapest

$258 15.8%

Las Palmas de Gran Canaria

$296 17.5% 14.9% $38

Eating Out

Budapest

$224 13.8%

Las Palmas de Gran Canaria

$206 12.2% 8% $18

Monthly Utilities & Internet

Budapest

$217 13.4%

Las Palmas de Gran Canaria

$164 9.7% 24.8% $54

Clothing & Footwear

Budapest

$169 10.4%

Las Palmas de Gran Canaria

$152 9% 9.9% $17

Sport & Entertainment

Budapest

$85 5.2%

Las Palmas de Gran Canaria

$62 3.6% 27.8% $24

Getting Around

Budapest

$43 2.7%

Las Palmas de Gran Canaria

$37 2.2% 13.7% $5.9

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $965 in Las Palmas de Gran Canaria. 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 4% higher in Las Palmas de Gran Canaria, 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 $60.0 in Budapest versus $73.0 in Las Palmas de Gran Canaria. Monthly groceries follow the same trend: $258 vs $296 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇪🇸 Las Palmas de Gran Canaria

🕒 Local time

12:52 12:52 PM

11:52 11:52 AM

1 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

378,027

💱 Currency

Hungarian Forint HUF Ft

Euro EUR €

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 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 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to HUF in detail →

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Budapest Las Palmas de Gran Canaria 3,670 km ≈ 5 h nonstop flight

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Las Palmas de Gran Canaria

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 Las Palmas de Gran Canaria: Cost of Living - Frequently Asked Questions

Yes – Las Palmas de Gran Canaria is pricier by about 6%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,432 per month in Budapest and $2,577 in Las Palmas de Gran Canaria. 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 78% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $537 per month in Budapest and $475 in Las Palmas de Gran Canaria. 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 $1,621, than in Las Palmas de Gran Canaria at $1,718. In Budapest it covers expenses comfortably, while in Las Palmas de Gran Canaria 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, Las Palmas de Gran Canaria makes more sense. Both are solid long-term options with distinct trade-offs.