Last update: Oct 2026

Cost of Living Comparison Between Budapest and London

For one person, living is cheaper in Budapest: $1,621 a month against $2,312 in London, rent and utilities included – about $8,300 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index
112

Cost of Living Index in London
Learn more

London Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

London

🇨🇦 Canada

$2,312

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in London

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

A single person spends $1,621 per month in Budapest vs $2,312 in London, rent included.

Budapest $1,621
London $2,312

A couple spends around $2,555 per month in Budapest vs $3,278 in London, rent included.

Budapest $2,555
London $3,278

A family of three spends $3,489 per month in Budapest vs $4,243 in London, rent included.

Budapest $3,489
London $4,243

Budapest is about 30% cheaper than London, and outside of rent the biggest gap is in groceries.

Both Budapest and London sit above the global median – Budapest by 21%, London by 73%.

Meal at Budget Restaurant

$13.99 Ft 4,551

$21.22 CA$30.24

-34.07%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$62.6 CA$89.3

-3.64%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$12.36 CA$17.61

-19.42%

Cappuccino

$3.38 Ft 1,100

$3.65 CA$5.20

-7.40%

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

$2.13 Ft 692

$2.18 CA$3.10

-2.29%

Water (0.33 liter bottle)

$1.87 Ft 608

$2.06 CA$2.94

-9.22%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$6.47 CA$9.22

-42.04%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$6.47 CA$9.23

-44.82%

Milk (1 liter)

$1.13 Ft 368

$1.95 CA$2.78

-42.05%

White Bread (500g)

$1.84 Ft 599

$2.61 CA$3.72

-29.50%

Rice (white) (1kg)

$2.39 Ft 777

$3.94 CA$5.62

-39.34%

Eggs

$3.83 Ft 1,245

$3.74 CA$5.34

2.41%

Local Cheese (1kg)

$11.33 Ft 3,686

$9.83 CA$14.02

15.26%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$11.28 CA$16.08

-40.25%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$15.02 CA$21.40

-2.20%

Apples (1kg)

$1.84 Ft 597

$4.24 CA$6.04

-56.60%

Banana (1kg)

$2.01 Ft 653

$1.29 CA$1.84

55.81%

Oranges (1kg)

$2.36 Ft 767

$3.85 CA$5.49

-38.70%

Tomato (1kg)

$3.77 Ft 1,226

$4.06 CA$5.79

-7.14%

Potato (1kg)

$0.96 Ft 313

$3.17 CA$4.53

-69.72%

Onion (1kg)

$1.03 Ft 334

$3.02 CA$4.31

-65.89%

Lettuce (1 head)

$1.56 Ft 509

$2.58 CA$3.68

-39.53%

Water (1.5 liter bottle)

$0.66 Ft 216

$1.46 CA$2.09

-54.79%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$11.98 CA$17.08

-33.56%

Wine (Bottle)

$6.01 Ft 1,954

$12.50 CA$17.82

-51.92%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$2.40 CA$3.43

-45.83%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$2.87 CA$4.09

-27.53%

One-way Ticket (Public Transport)

$1.50 Ft 489

$2.26 CA$3.22

-33.63%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

$77.4 CA$110

-64.32%

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

$2.51 CA$3.58

31.47%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$1.60 CA$2.29

-18.75%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

$21.83 CA$31.11

-9.39%

Gasoline (1 liter)

$1.81 Ft 591

$1.17 CA$1.67

54.70%

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

$29.3K Ft 9.5M

$27.8K CA$39.6K

5.60%

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

$34.1K Ft 11.1M

$22.7K CA$32.4K

49.93%

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

$170 Ft 55.3K

$135 CA$193

25.83%

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

$23.98 Ft 7,802

$39.06 CA$55.7

-38.61%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$56.4 CA$80.3

-58.45%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$37.00 CA$52.7

79.03%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

$28.27 CA$40.29

-32.15%

Cinema Ticket

$9.52 Ft 3,098

$10.41 CA$14.84

-8.55%

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

$537 Ft 174.6K

$407 CA$579

32.03%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$20.2K CA$28.8K

-17.85%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$52.0 CA$74.1

94.85%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$38.12 CA$54.3

12.78%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$82.8 CA$118

36.24%

Men's Leather Business Shoes

$119 Ft 38.6K

$90.7 CA$129

30.93%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$1,270 CA$1,810

-36.59%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$1,148 CA$1,636

-45.17%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$2,013 CA$2,870

-23.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$1,703 CA$2,428

-31.48%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$3,440 CA$4,904

63.31%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$3,519 CA$5,015

12.78%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

$2,882 CA$4,108

-43.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

4.72

36.23%

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

Last update for Budapest: October 5, 2026

Last update for London: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

London

$1.1K 49.4% 82.4% $518

Groceries & Markets

Budapest

$258 15.8%

London

$358 15.4% 39% $101

Eating Out

Budapest

$224 13.8%

London

$313 13.5% 39.5% $89

Monthly Utilities & Internet

Budapest

$217 13.4%

London

$230 9.9% 6% $13

Clothing & Footwear

Budapest

$169 10.4%

London

$119 5.1% 29.9% $51

Sport & Entertainment

Budapest

$85 5.2%

London

$58 2.5% 32.2% $27

Getting Around

Budapest

$43 2.7%

London

$97 4.2% 123% $54

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $1,270 in London. 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 77% higher in London, 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 $63.0 in London. Monthly groceries follow the same trend: $258 vs $358 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇨🇦 London

🕒 Local time

12:10 12:10 PM

06:10 6:10 AM

6 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

383,822

💱 Currency

Hungarian Forint HUF Ft

Canadian Dollar CAD $

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

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).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

USD to HUF in detail →

On the map

Lowest

Highest

Between locations

Budapest London 7,290 km ≈ 10 h nonstop flight

From you

Budapest
London

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 London: Cost of Living - Frequently Asked Questions

Yes – London is pricier by about 43%, 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 $3,469 in London. 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 180% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $537 per month in Budapest and $407 in London. 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 London at $2,312. In Budapest it covers expenses comfortably, while in London 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, London makes more sense. Both are solid long-term options with distinct trade-offs.