Last update: Oct 2026

Cost of Living Comparison Between Budapest and New Providence

For one person, living is cheaper in Budapest: $1,621 a month against $2,134 in New Providence, rent and utilities included – about $6,200 less a year. The total is higher in New Providence despite lower rent and utilities.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

New Providence

🇧🇸 Bahamas

$2,134

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in New Providence

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

A single person spends $1,621 per month in Budapest vs $2,134 in New Providence, rent included.

Budapest $1,621
New Providence $2,134

A couple spends around $2,555 per month in Budapest vs $5,196 in New Providence, rent included.

Budapest $2,555
New Providence $5,196

A family of three spends $3,489 per month in Budapest vs $8,257 in New Providence, rent included.

Budapest $3,489
New Providence $8,257

Budapest is about 24% cheaper than New Providence, and outside of rent the biggest gap is in eating out.

Both Budapest and New Providence sit above the global median – Budapest by 21%, New Providence by 59%.

Meal at Budget Restaurant

$13.99 Ft 4,551

$74.6 BSD 74.6

-81.25%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$151 BSD 151

-60.10%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

Cappuccino

$3.38 Ft 1,100

$5.40 BSD 5.40

-37.41%

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

$2.13 Ft 692

Water (0.33 liter bottle)

$1.87 Ft 608

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

Milk (1 liter)

$1.13 Ft 368

$2.17 BSD 2.17

-47.93%

White Bread (500g)

$1.84 Ft 599

$4.91 BSD 4.91

-62.53%

Rice (white) (1kg)

$2.39 Ft 777

$5.05 BSD 5.05

-52.67%

Eggs

$3.83 Ft 1,245

$10.12 BSD 10.12

-62.15%

Local Cheese (1kg)

$11.33 Ft 3,686

$19.69 BSD 19.69

-42.46%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$10.09 BSD 10.09

-33.20%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$20.37 BSD 20.37

-27.88%

Apples (1kg)

$1.84 Ft 597

$4.45 BSD 4.45

-58.65%

Banana (1kg)

$2.01 Ft 653

$6.10 BSD 6.10

-67.05%

Oranges (1kg)

$2.36 Ft 767

$7.17 BSD 7.17

-67.09%

Tomato (1kg)

$3.77 Ft 1,226

$4.02 BSD 4.02

-6.22%

Potato (1kg)

$0.96 Ft 313

$4.02 BSD 4.02

-76.12%

Onion (1kg)

$1.03 Ft 334

$2.95 BSD 2.95

-65.08%

Lettuce (1 head)

$1.56 Ft 509

$2.95 BSD 2.95

-47.12%

Water (1.5 liter bottle)

$0.66 Ft 216

$2.93 BSD 2.93

-77.47%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$15.16 BSD 15.16

-47.49%

Wine (Bottle)

$6.01 Ft 1,954

$25.37 BSD 25.37

-76.31%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$3.72 BSD 3.72

-65.05%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$4.08 BSD 4.08

-49.02%

One-way Ticket (Public Transport)

$1.50 Ft 489

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

Gasoline (1 liter)

$1.81 Ft 591

$1.76 BSD 1.76

2.84%

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

$29.3K Ft 9.5M

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

$34.1K Ft 11.1M

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

$170 Ft 55.3K

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

$23.98 Ft 7,802

$40.39 BSD 40.39

-40.63%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$100 BSD 100

-76.62%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$76.5 BSD 76.5

-13.40%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

Cinema Ticket

$9.52 Ft 3,098

$14.72 BSD 14.72

-35.33%

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

$537 Ft 174.6K

$1,525 BSD 1,525

-64.81%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$14.8K BSD 14.8K

11.95%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

Men's Leather Business Shoes

$119 Ft 38.6K

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$1,518 BSD 1,518

-46.94%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$692 BSD 692

-9.06%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$4,529 BSD 4,529

-74.23%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

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

Last update for Budapest: October 5, 2026

Last update for New Providence: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

New Providence

–

Groceries & Markets

Budapest

$258 15.8%

New Providence

–

Eating Out

Budapest

$224 13.8%

New Providence

–

Monthly Utilities & Internet

Budapest

$217 13.4%

New Providence

–

Clothing & Footwear

Budapest

$169 10.4%

New Providence

–

Sport & Entertainment

Budapest

$85 5.2%

New Providence

–

Getting Around

Budapest

$43 2.7%

New Providence

–

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $1,518 in New Providence. 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 $151 in New Providence. Monthly groceries follow the same trend: $258 vs $552 – making Budapest the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇧🇸 New Providence

🕒 Local time

12:09 12:09 PM

06:09 6:09 AM

6 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

296,522

💱 Currency

Hungarian Forint HUF Ft

Bahamian Dollar BSD $

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

1 BSD = 1 USD

1 BSD = 0.892 EUR

Exchange rates and currency converter

BSD, 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).

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

USD to HUF in detail →

On the map

Lowest

Highest

Between locations

Budapest New Providence 8,420 km ≈ 11 h nonstop flight

From you

Budapest
New Providence

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 New Providence: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 32%, 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 $3,201 in New Providence. 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.

A mid-range dinner for two costs $60.0 in Budapest and $151 in New Providence. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 114% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in New Providence at $2,134. In Budapest it covers expenses comfortably, while in New Providence 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, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.