Last update: Oct 2026

Cost of Living Comparison Between Budapest and Oyo

For one person, living is cheaper in Oyo: $626 a month against $1,619 in Budapest, rent and utilities included – about $11,900 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Budapest
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Budapest Living Index
30

Cost of Living Index in Oyo
Learn more

Oyo Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Oyo

🇳🇬 Nigeria

$626

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Oyo

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

A single person spends $1,619 per month in Budapest vs $626 in Oyo, rent included.

Budapest $1,619
Oyo $626

A couple spends around $2,524 per month in Budapest vs $1,161 in Oyo, rent included.

Budapest $2,524
Oyo $1,161

A family of three spends $3,429 per month in Budapest vs $1,695 in Oyo, rent included.

Budapest $3,429
Oyo $1,695

Budapest costs about 159% more than Oyo, and outside of rent the biggest gap is in clothing.

Budapest sits 20% above the global median, while Oyo is 54% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.94 Ft 4,503

$3.72 ₦4,947

274.73%

Three-Course Dinner for Two, Mid-Range

$61.2 Ft 19.8K

$50.8 ₦67.5K

20.61%

Fast Food Meal (McDonalds, etc)

$10.19 Ft 3,291

$7.48 ₦9,946

36.23%

Cappuccino

$3.26 Ft 1,055

$2.79 ₦3,711

16.85%

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

$2.14 Ft 690

$0.40 ₦536

435.00%

Water (0.33 liter bottle)

$1.78 Ft 577

$0.12 ₦166

1383.33%

Local Beer (0.5 liter draught)

$3.71 Ft 1,198

$0.39 ₦520

851.28%

Imported Beer (0.33 liter bottle)

$3.77 Ft 1,217

$0.51 ₦677

639.22%

Milk (1 liter)

$1.15 Ft 371

$3.08 ₦4,090

-62.66%

White Bread (500g)

$1.79 Ft 578

$0.52 ₦691

244.23%

Rice (white) (1kg)

$2.49 Ft 804

$0.89 ₦1,182

179.78%

Eggs

$3.90 Ft 1,261

$2.25 ₦2,994

73.33%

Local Cheese (1kg)

$11.10 Ft 3,587

$3.61 ₦4,799

207.48%

Chicken Fillets (1kg)

$6.62 Ft 2,139

$3.88 ₦5,167

70.62%

Beef Round Steak (1kg)

$14.69 Ft 4,745

$4.54 ₦6,035

223.57%

Apples (1kg)

$1.83 Ft 591

$1.65 ₦2,189

10.91%

Banana (1kg)

$2.05 Ft 661

$1.28 ₦1,703

60.16%

Oranges (1kg)

$2.37 Ft 765

$1.14 ₦1,519

107.89%

Tomato (1kg)

$3.90 Ft 1,260

$1.29 ₦1,714

202.33%

Potato (1kg)

$0.99 Ft 320

$1.32 ₦1,754

-25.00%

Onion (1kg)

$1.00 Ft 322

$1.35 ₦1,792

-25.93%

Lettuce (1 head)

$1.58 Ft 511

$0.89 ₦1,181

77.53%

Water (1.5 liter bottle)

$0.67 Ft 216

$0.31 ₦417

116.13%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,572

$0.55 ₦731

1347.27%

Wine (Bottle)

$6.22 Ft 2,009

$2.52 ₦3,350

146.83%

Local Beer (0.5 liter bottle)

$1.27 Ft 411

$0.36 ₦484

252.78%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

$0.49 ₦656

314.29%

One-way Ticket (Public Transport)

$1.52 Ft 490

$0.37 ₦488

310.81%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

$14.98 ₦19.9K

87.05%

Taxi Start (Normal Tariff)

$3.31 Ft 1,070

$0.67 ₦891

394.03%

Taxi (Normal Tariff) (1km)

$1.37 Ft 442

$0.92 ₦1,222

48.91%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

$2.24 ₦2,982

785.27%

Gasoline (1 liter)

$1.82 Ft 589

$0.82 ₦1,096

121.95%

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

$29.8K Ft 9.6M

$11.4K ₦15.1M

162.14%

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

$33.8K Ft 10.9M

$13.9K ₦18.4M

144.01%

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

$171 Ft 55.3K

$14.96 ₦19.9K

1043.85%

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

$23.51 Ft 7,596

$14.73 ₦19.6K

59.61%

Internet (50+ Mbps, Unlimited Data)

$23.29 Ft 7,526

$33.32 ₦44.3K

-30.10%

Gym Membership (Monthly)

$67.5 Ft 21.8K

$14.81 ₦19.7K

355.98%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

$4.69 ₦6,235

302.77%

Cinema Ticket

$9.30 Ft 3,004

$6.19 ₦8,230

50.24%

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

$533 Ft 172.3K

$658 ₦875.1K

-18.93%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$19.9K ₦26.5M

-15.91%

Jeans (Levis 501 Or Similar)

$99.6 Ft 32.2K

$6.07 ₦8,075

1541.02%

Summer Dress (H&M, Zara, etc)

$43.49 Ft 14.0K

$17.88 ₦23.8K

143.23%

Sport Shoes (Adidas, Nike)

$110 Ft 35.7K

$14.98 ₦19.9K

636.72%

Men's Leather Business Shoes

$119 Ft 38.4K

$10.71 ₦14.2K

1010.83%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

$432 ₦574.1K

92.40%

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

$260 ₦345.9K

139.15%

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

$1,111 ₦1.5M

43.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

$689 ₦916.8K

69.79%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

$751 ₦998.8K

676.62%

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

$187 ₦249.1K

1976.36%

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

$33.32 ₦44.3K

4855.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

-35.50%

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

Last update for Budapest: October 13, 2026

Last update for Oyo: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$622 38.4%

Oyo

$260 41.5% 58.2% $362

Groceries & Markets

Budapest

$258 15.9%

Oyo

$141 22.5% 45.3% $117

Eating Out

Budapest

$223 13.8%

Oyo

$91 14.5% 59.3% $132

Monthly Utilities & Internet

Budapest

$218 13.5%

Oyo

$63 10.1% 71.1% $155

Clothing & Footwear

Budapest

$168 10.4%

Oyo

$22 3.6% 86.7% $145

Sport & Entertainment

Budapest

$86 5.3%

Oyo

$27 4.3% 68.4% $59

Getting Around

Budapest

$44 2.7%

Oyo

$22 3.5% 50.9% $23

Cost Breakdown

A central one-bedroom costs $830 in Budapest versus $432 in Oyo. 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 4855% higher in Budapest, 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 $61.0 in Budapest versus $51.0 in Oyo. Monthly groceries follow the same trend: $258 vs $141 – making Oyo the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇳🇬 Oyo

🕒 Local time

19:58 7:58 PM

18:58 6:58 PM

1 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

736,100

💱 Currency

Hungarian Forint HUF Ft

Nigerian Naira NGN ₦

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to HUF – Hungarian Forint Converter

🇺🇸 United States Dollar ($)

🇭🇺 Hungarian Forint (Ft)

Hungarian Forint exchange rates as of October 17, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

Nigerian Naira exchange rates as of October 17, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,496 NGN (10,000 NGN = 6.69 EUR).

USD to HUF in detail →

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Between locations

Budapest Oyo 4,640 km ≈ 6 h nonstop flight

From you

Budapest
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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 Oyo: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 159%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,428 per month in Budapest and $939 in Oyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 87% less in Oyo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $533 per month in Budapest and $658 in Oyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Oyo, where all-in costs run around $626, than in Budapest at $1,619. In Oyo it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Oyo – 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 Oyo. 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.