Last update: Oct 2026

Cost of Living Comparison Between Budapest and Palma Soriano

For one person, living costs are similar in Budapest and in Palma Soriano: $1,619 and $1,552 a month, rent and utilities included.

79

Cost of Living Index in Budapest
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Budapest Living Index
76

Cost of Living Index in Palma Soriano
Learn more

Palma Soriano Living Index

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Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Palma Soriano

🇨🇺 Cuba

$1,552

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Palma Soriano

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

A single person spends $1,619 per month in Budapest vs $1,552 in Palma Soriano, rent included.

Budapest $1,619
Palma Soriano $1,552

A couple spends around $2,524 per month in Budapest vs $1,866 in Palma Soriano, rent included.

Budapest $2,524
Palma Soriano $1,866

A family of three spends $3,429 per month in Budapest vs $2,180 in Palma Soriano, rent included.

Budapest $3,429
Palma Soriano $2,180

Budapest costs about 4% more than Palma Soriano, and outside of rent the biggest gap is in utilities.

Both Budapest and Palma Soriano sit above the global median – Budapest by 20%, Palma Soriano by 15%.

Meal at Budget Restaurant

$13.94 Ft 4,503

$5.05 CUP 121

176.04%

Three-Course Dinner for Two, Mid-Range

$61.2 Ft 19.8K

$25.36 CUP 609

141.40%

Fast Food Meal (McDonalds, etc)

$10.19 Ft 3,291

$5.15 CUP 124

97.86%

Cappuccino

$3.26 Ft 1,055

$3.11 CUP 74.6

4.82%

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

$2.14 Ft 690

$1.29 CUP 30.86

65.89%

Water (0.33 liter bottle)

$1.78 Ft 577

$0.91 CUP 21.94

95.60%

Local Beer (0.5 liter draught)

$3.71 Ft 1,198

$3.04 CUP 72.9

22.04%

Imported Beer (0.33 liter bottle)

$3.77 Ft 1,217

$2.42 CUP 58.0

55.79%

Milk (1 liter)

$1.15 Ft 371

$1.98 CUP 47.48

-41.92%

White Bread (500g)

$1.79 Ft 578

$1.49 CUP 35.65

20.13%

Rice (white) (1kg)

$2.49 Ft 804

$0.98 CUP 23.44

154.08%

Eggs

$3.90 Ft 1,261

$1.17 CUP 28.04

233.33%

Local Cheese (1kg)

$11.10 Ft 3,587

$6.12 CUP 147

81.37%

Chicken Fillets (1kg)

$6.62 Ft 2,139

$6.09 CUP 146

8.70%

Beef Round Steak (1kg)

$14.69 Ft 4,745

$11.06 CUP 266

32.82%

Apples (1kg)

$1.83 Ft 591

$1.83 CUP 43.94

Banana (1kg)

$2.05 Ft 661

$1.19 CUP 28.45

72.27%

Oranges (1kg)

$2.37 Ft 765

$1.48 CUP 35.60

60.14%

Tomato (1kg)

$3.90 Ft 1,260

$1.47 CUP 35.35

165.31%

Potato (1kg)

$0.99 Ft 320

$0.98 CUP 23.44

1.02%

Onion (1kg)

$1.00 Ft 322

$0.97 CUP 23.33

3.09%

Lettuce (1 head)

$1.58 Ft 511

$1.01 CUP 24.33

56.44%

Water (1.5 liter bottle)

$0.67 Ft 216

$1.08 CUP 25.83

-37.96%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,572

$2.95 CUP 70.9

169.83%

Wine (Bottle)

$6.22 Ft 2,009

$10.08 CUP 242

-38.29%

Local Beer (0.5 liter bottle)

$1.27 Ft 411

$3.08 CUP 73.9

-58.77%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

$2.03 CUP 48.75

One-way Ticket (Public Transport)

$1.52 Ft 490

$0.26 CUP 6.26

484.62%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

$29.79 CUP 715

-5.94%

Taxi Start (Normal Tariff)

$3.31 Ft 1,070

$1.85 CUP 44.30

78.92%

Taxi (Normal Tariff) (1km)

$1.37 Ft 442

$0.36 CUP 8.74

280.56%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

$13.10 CUP 314

51.37%

Gasoline (1 liter)

$1.82 Ft 589

$1.18 CUP 28.37

54.24%

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

$29.8K Ft 9.6M

$66.0K CUP 1.6M

-54.83%

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

$33.8K Ft 10.9M

$47.3K CUP 1.1M

-28.58%

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

$171 Ft 55.3K

$55.4 CUP 1,331

208.66%

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

$23.51 Ft 7,596

$10.01 CUP 240

134.87%

Internet (50+ Mbps, Unlimited Data)

$23.29 Ft 7,526

$150 CUP 3,590

-84.43%

Gym Membership (Monthly)

$67.5 Ft 21.8K

$40.30 CUP 967

67.57%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

$10.06 CUP 242

87.77%

Cinema Ticket

$9.30 Ft 3,004

$1.03 CUP 24.64

802.91%

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

$533 Ft 172.3K

$100 CUP 2,402

432.89%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$12.2K CUP 292.6K

37.44%

Jeans (Levis 501 Or Similar)

$99.6 Ft 32.2K

$63.7 CUP 1,530

56.30%

Summer Dress (H&M, Zara, etc)

$43.49 Ft 14.0K

$35.61 CUP 855

22.13%

Sport Shoes (Adidas, Nike)

$110 Ft 35.7K

$84.1 CUP 2,019

31.19%

Men's Leather Business Shoes

$119 Ft 38.4K

$110 CUP 2,647

7.88%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

$896 CUP 21.5K

-7.32%

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

$790 CUP 18.9K

-21.23%

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

$744 CUP 17.9K

114.15%

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

$647 CUP 15.5K

80.77%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

$323 CUP 7,745

1707.11%

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

$326 CUP 7,826

1092.60%

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

$40.28 CUP 967

3999.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

8.33

-22.57%

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

Last update for Budapest: October 13, 2026

Last update for Palma Soriano: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$622 38.4%

Palma Soriano

$790 50.9% 27% $168

Groceries & Markets

Budapest

$258 15.9%

Palma Soriano

$216 13.9% 16.2% $42

Eating Out

Budapest

$223 13.8%

Palma Soriano

$122 7.9% 45.3% $101

Monthly Utilities & Internet

Budapest

$218 13.5%

Palma Soriano

$215 13.9% 1.3% $2.9

Clothing & Footwear

Budapest

$168 10.4%

Palma Soriano

$132 8.5% 21.1% $35

Sport & Entertainment

Budapest

$86 5.3%

Palma Soriano

$42 2.7% 50.8% $44

Getting Around

Budapest

$44 2.7%

Palma Soriano

$35 2.2% 22% $9.7

Cost Breakdown

A central one-bedroom costs $830 in Budapest versus $896 in Palma Soriano. 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 3999% 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 $25.00 in Palma Soriano. Monthly groceries follow the same trend: $258 vs $216 – making Palma Soriano the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇨🇺 Palma Soriano

🕒 Local time

22:14 10:14 PM

16:14 4:14 PM

6 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

74,930

💱 Currency

Hungarian Forint HUF Ft

Cuban Peso CUP $

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

100 CUP = 4.17 USD

100 CUP = 3.71 EUR

Exchange rates and currency converter

CUP, 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).

Cuban Peso exchange rates as of October 17, 2026: 1 USD = 24 CUP (100 CUP = 4.17 USD). 1 EUR = 26.98 CUP (100 CUP = 3.71 EUR).

USD to HUF in detail →

On the map

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Between locations

Budapest Palma Soriano 8,730 km ≈ 11 h nonstop flight

From you

Budapest
Palma Soriano

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 Palma Soriano: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 4%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,428 per month in Budapest and $2,328 in Palma Soriano. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 6% less in Palma Soriano. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $533 per month in Budapest and $100 in Palma Soriano. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Palma Soriano, where all-in costs run around $1,552, than in Budapest at $1,619. In Palma Soriano it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Palma Soriano – 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 Palma Soriano. 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.