Last update: Oct 2026

Cost of Living Comparison Between Budapest and Magadan

For one person, living is cheaper in Magadan: $1,005 a month against $1,621 in Budapest, rent and utilities included – about $7,400 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index
50

Cost of Living Index in Magadan
Learn more

Magadan Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Magadan

🇷🇺 Russia

$1,005

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Magadan

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

A single person spends $1,621 per month in Budapest vs $1,005 in Magadan, rent included.

Budapest $1,621
Magadan $1,005

A couple spends around $2,555 per month in Budapest vs $1,585 in Magadan, rent included.

Budapest $2,555
Magadan $1,585

A family of three spends $3,489 per month in Budapest vs $2,164 in Magadan, rent included.

Budapest $3,489
Magadan $2,164

Budapest costs about 61% more than Magadan, and outside of rent the biggest gap is in eating out.

Budapest sits 21% above the global median, while Magadan is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.99 Ft 4,551

$11.46 ₽975

22.08%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$36.52 ₽3,107

65.22%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$6.39 ₽544

55.87%

Cappuccino

$3.38 Ft 1,100

$2.77 ₽236

22.02%

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

$2.13 Ft 692

$1.11 ₽94.3

91.89%

Water (0.33 liter bottle)

$1.87 Ft 608

$0.57 ₽48.15

228.07%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$1.68 ₽143

123.21%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$3.02 ₽257

18.21%

Milk (1 liter)

$1.13 Ft 368

$1.10 ₽93.3

2.73%

White Bread (500g)

$1.84 Ft 599

$0.72 ₽61.2

155.56%

Rice (white) (1kg)

$2.39 Ft 777

$1.16 ₽98.5

106.03%

Eggs

$3.83 Ft 1,245

$1.51 ₽128

153.64%

Local Cheese (1kg)

$11.33 Ft 3,686

$10.97 ₽933

3.28%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$5.26 ₽447

28.14%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$12.84 ₽1,092

14.41%

Apples (1kg)

$1.84 Ft 597

$1.68 ₽143

9.52%

Banana (1kg)

$2.01 Ft 653

$1.80 ₽153

11.67%

Oranges (1kg)

$2.36 Ft 767

$1.69 ₽144

39.64%

Tomato (1kg)

$3.77 Ft 1,226

$2.36 ₽201

59.75%

Potato (1kg)

$0.96 Ft 313

$0.79 ₽67.4

21.52%

Onion (1kg)

$1.03 Ft 334

$0.59 ₽50.3

74.58%

Lettuce (1 head)

$1.56 Ft 509

$1.47 ₽125

6.12%

Water (1.5 liter bottle)

$0.66 Ft 216

$0.66 ₽56.1

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$2.66 ₽226

199.25%

Wine (Bottle)

$6.01 Ft 1,954

$6.64 ₽565

-9.49%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$1.03 ₽87.8

26.21%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$2.00 ₽170

4.00%

One-way Ticket (Public Transport)

$1.50 Ft 489

$0.52 ₽44.54

188.46%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

$2.31 ₽197

42.86%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$0.36 ₽30.42

261.11%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

$5.02 ₽427

294.02%

Gasoline (1 liter)

$1.81 Ft 591

$0.86 ₽73.4

110.47%

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

$29.3K Ft 9.5M

$34.8K ₽3.0M

-15.66%

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

$34.1K Ft 11.1M

$32.1K ₽2.7M

6.42%

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

$170 Ft 55.3K

$108 ₽9,180

57.51%

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

$23.98 Ft 7,802

$5.71 ₽486

319.96%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$7.40 ₽630

216.49%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$34.01 ₽2,894

94.77%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

$22.93 ₽1,951

-16.35%

Cinema Ticket

$9.52 Ft 3,098

$6.18 ₽526

54.05%

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

$537 Ft 174.6K

$389 ₽33.1K

37.98%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$7,208 ₽613.3K

130.39%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$70.7 ₽6,014

43.40%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$49.87 ₽4,243

-13.80%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$130 ₽11.1K

-13.33%

Men's Leather Business Shoes

$119 Ft 38.6K

$114 ₽9,684

4.32%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$433 ₽36.9K

85.88%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$299 ₽25.5K

110.15%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$840 ₽71.5K

84.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$573 ₽48.7K

103.76%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$1,927 ₽164.0K

191.56%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$1,333 ₽113.5K

197.58%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

21.33

-69.85%

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

Last update for Budapest: October 5, 2026

Last update for Magadan: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Magadan

$299 29.8% 52.4% $330

Groceries & Markets

Budapest

$258 15.8%

Magadan

$204 20.3% 20.8% $54

Eating Out

Budapest

$224 13.8%

Magadan

$165 16.4% 26.3% $59

Monthly Utilities & Internet

Budapest

$217 13.4%

Magadan

$121 12% 44.3% $96

Clothing & Footwear

Budapest

$169 10.4%

Magadan

$164 16.3% 3% $5.1

Sport & Entertainment

Budapest

$85 5.2%

Magadan

$46 4.6% 45.6% $39

Getting Around

Budapest

$43 2.7%

Magadan

$6.2 * 0.6% 85.7% $37

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

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $433 in Magadan. 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 $60.0 in Budapest versus $37.00 in Magadan. Monthly groceries follow the same trend: $258 vs $204 – making Magadan the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇷🇺 Magadan

🕒 Local time

10:09 10:09 AM

19:09 7:09 PM

9 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

89,193

💱 Currency

Hungarian Forint HUF Ft

Russian Ruble RUB ₽

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

100 RUB = 1.18 USD

100 RUB = 1.05 EUR

Exchange rates and currency converter

RUB, 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).

Russian Ruble exchange rates as of October 10, 2026: 1 USD = 85.09 RUB (100 RUB = 1.18 USD). 1 EUR = 95.44 RUB (100 RUB = 1.05 EUR).

USD to HUF in detail →

On the map

Lowest

Highest

Between locations

Budapest Magadan 7,330 km ≈ 10 h nonstop flight

From you

Budapest
Magadan

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 Magadan: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 61%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,432 per month in Budapest and $1,507 in Magadan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $60.0 in Budapest and $37.00 in Magadan. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 26% more in Budapest, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Magadan, where all-in costs run around $1,005, than in Budapest at $1,621. In Magadan it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Magadan – 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 Magadan. 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.