Last update: Oct 2026

Cost of Living Comparison Between Budapest and Latvia

For one person, living is cheaper in Latvia: $1,415 a month against $1,621 in Budapest, rent and utilities included – about $2,500 less a year. Rent and utilities account for most of the difference.

Jump to prices
Budapest
🇭🇺 Hungary
$1,621
/mo nomad
🇱🇻 Latvia
$1,415
/mo nomad
😐 Solo nomad: Budapest is 5% more expensive than Latvia without rent, and 14.6% more expensive with rent.
😐 Family of 3: Budapest is 1.5% more expensive than Latvia without rent, and 22.8% more expensive with rent.
Currency
🍽 Eating Out
Budapest
Latvia
Difference
Meal at Budget Restaurant
$13.99 Ft 4,551
$13.30 €11.87
5.19%
Three-Course Dinner for Two, Mid-Range
$60.3 Ft 19.6K
$56.9 €50.8
6.10%
Fast Food Meal (McDonalds, etc)
$9.96 Ft 3,241
$8.29 €7.40
20.14%
Cappuccino
$3.38 Ft 1,100
$3.34 €2.98
1.20%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.13 Ft 692
$1.66 €1.48
28.31%
Water (0.33 liter bottle)
$1.87 Ft 608
$1.26 €1.12
48.41%
Local Beer (0.5 liter draught)
$3.75 Ft 1,221
$4.97 €4.44
-24.55%
Imported Beer (0.33 liter bottle)
$3.57 Ft 1,162
$4.52 €4.03
-21.02%
🛒 Groceries & Markets
Budapest
Latvia
Difference
Milk (1 liter)
$1.13 Ft 368
$1.23 €1.10
-8.13%
White Bread (500g)
$1.84 Ft 599
$1.47 €1.31
25.17%
Rice (white) (1kg)
$2.39 Ft 777
$2.51 €2.24
-4.78%
Eggs
$3.83 Ft 1,245
$3.51 €3.14
9.12%
Local Cheese (1kg)
$11.33 Ft 3,686
$10.62 €9.47
6.69%
Chicken Fillets (1kg)
$6.74 Ft 2,192
$8.30 €7.41
-18.80%
Beef Round Steak (1kg)
$14.69 Ft 4,780
$14.28 €12.74
2.87%
Apples (1kg)
$1.84 Ft 597
$1.98 €1.77
-7.07%
Banana (1kg)
$2.01 Ft 653
$1.71 €1.53
17.54%
Oranges (1kg)
$2.36 Ft 767
$2.47 €2.21
-4.45%
Tomato (1kg)
$3.77 Ft 1,226
$3.00 €2.68
25.67%
Potato (1kg)
$0.96 Ft 313
$0.88 €0.79
9.09%
Onion (1kg)
$1.03 Ft 334
$0.98 €0.87
5.10%
Lettuce (1 head)
$1.56 Ft 509
$1.69 €1.51
-7.69%
Water (1.5 liter bottle)
$0.66 Ft 216
$0.94 €0.84
-29.79%
Cigarettes 20 Pack (Marlboro, Camel)
$7.96 Ft 2,591
$6.41 €5.72
24.18%
Wine (Bottle)
$6.01 Ft 1,954
$7.94 €7.09
-24.31%
Local Beer (0.5 liter bottle)
$1.30 Ft 421
$1.88 €1.68
-30.85%
Imported Beer (0.33 liter bottle)
$2.08 Ft 676
$1.91 €1.70
8.90%
🚌 Getting Around
Budapest
Latvia
Difference
One-way Ticket (Public Transport)
$1.50 Ft 489
$1.70 €1.51
-11.76%
Public Transport Monthly Pass (Regular Price)
$27.61 Ft 8,982
$34.05 €30.39
-18.91%
Taxi Start (Normal Tariff)
$3.30 Ft 1,074
$3.45 €3.08
-4.35%
Taxi (Normal Tariff) (1km)
$1.30 Ft 424
$0.81 €0.73
60.49%
Taxi 1hour Waiting (Normal Tariff)
$19.78 Ft 6,436
$16.05 €14.32
23.24%
Gasoline (1 liter)
$1.81 Ft 591
$1.91 €1.70
-5.24%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.3K Ft 9.5M
$27.2K €24.3K
7.65%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.1K Ft 11.1M
$30.3K €27.1K
12.44%
🧾 Monthly Utilities & Internet
Budapest
Latvia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 Ft 55.3K
$317 €283
-46.43%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$23.98 Ft 7,802
$18.37 €16.39
30.54%
Internet (50+ Mbps, Unlimited Data)
$23.42 Ft 7,621
$19.73 €17.61
18.70%
🎉 Sport & Entertainment
Budapest
Latvia
Difference
Gym Membership (Monthly)
$66.2 Ft 21.6K
$44.89 €40.06
47.56%
Tennis Court (1 Hour on Weekend)
$19.18 Ft 6,239
$34.63 €30.91
-44.61%
Cinema Ticket
$9.52 Ft 3,098
$10.30 €9.19
-7.57%
🧸 Childcare & Education
Budapest
Latvia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$537 Ft 174.6K
$546 €487
-1.65%
International Primary School, 1 Child (Yearly)
$16.6K Ft 5.4M
$16.4K €14.7K
1.10%
👕👟 Clothing & Footwear
Budapest
Latvia
Difference
Jeans (Levis 501 Or Similar)
$101 Ft 33.0K
$78.7 €70.3
28.75%
Summer Dress (H&M, Zara, etc)
$42.99 Ft 14.0K
$46.74 €41.71
-8.02%
Sport Shoes (Adidas, Nike)
$113 Ft 36.7K
$92.8 €82.8
21.47%
Men's Leather Business Shoes
$119 Ft 38.6K
$135 €121
-12.37%
🏠 Accommodation & Living
Budapest
Latvia
Difference
1-bedroom Apartment, City Center (Monthly)
$805 Ft 262.0K
$407 €363
97.98%
1-bedroom Apartment, Outside City Center (Monthly)
$629 Ft 204.7K
$296 €265
112.22%
3-bedroom Apartment, City Center (Monthly)
$1,549 Ft 504.1K
$857 €764
80.86%
3-bedroom Apartment, Outside City Center (Monthly)
$1,167 Ft 379.7K
$519 €463
125.09%
Buy Apartment in City Center (m2)
$5,618 Ft 1.8M
$2,500 €2,231
124.77%
Buy Apartment Outside City Center (m2)
$3,968 Ft 1.3M
$1,582 €1,412
150.83%
💵 Salaries & Financials
Budapest
Latvia
Difference
Average Monthly Net Salary (After Tax)
$1,626 Ft 529.0K
$1,239 €1,106
31.22%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.43
4.37
47.14%

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

Last update for Budapest: October 5, 2026

Last update for Latvia: October 5, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Budapest
$629
Latvia
$296 52.9% $333
Groceries & Markets
Budapest
$258
Latvia
$264 2.5% $6.5
Eating Out
Budapest
$224
Latvia
$217 3.2% $7.3
Monthly Utilities & Internet
Budapest
$217
Latvia
$355 63.5% $138
Clothing & Footwear
Budapest
$169
Latvia
$159 5.9% $9.9
Sport & Entertainment
Budapest
$85
Latvia
$65 23.2% $20
Getting Around
Budapest
$43
Latvia
$48 11.3% $4.9
Good to know
🇭🇺 Budapest
🇱🇻 Latvia
🕒 Local time
12:05 12:05 PM
13:05 1:05 PM
1 h ahead of Budapest
🌤 Weather
👥 Population
1,686,222 Capital
1,871,882
💱 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

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 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 →
On the map
Between locations
  • Budapest Latvia 1,110 km ≈ 2 h nonstop flight
From you
  • Budapest
  • Latvia

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 other spots: cost of living compared

Budapest
🇭🇺 Hungary
$1,621
/mo nomad
Ho Chi Minh City (Saigon)
🇻🇳 Vietnam
$855
/mo nomad
Budapest
🇭🇺 Hungary
$1,621
/mo nomad
Krakow
🇵🇱 Poland
$1,811
/mo nomad
Budapest
🇭🇺 Hungary
$1,621
/mo nomad
Prague
🇨🇿 Czech Republic
$2,097
/mo nomad
Budapest
🇭🇺 Hungary
$1,621
/mo nomad
Debrecen
🇭🇺 Hungary
$1,358
/mo nomad
Show more

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