Last update: Oct 2026

Cost of Living Comparison Between Budapest and Pangyo

For one person, living is cheaper in Pangyo: $1,460 a month against $1,621 in Budapest, rent and utilities included – about $1,900 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

79

Cost of Living Index in Budapest
Learn more

Budapest Living Index
72

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

Jump to prices

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Pangyo

🇰🇷 South Korea

$1,460

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Pangyo

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

A single person spends $1,621 per month in Budapest vs $1,460 in Pangyo, rent included.

Budapest $1,621
Pangyo $1,460

A couple spends around $2,555 per month in Budapest vs $2,303 in Pangyo, rent included.

Budapest $2,555
Pangyo $2,303

A family of three spends $3,489 per month in Budapest vs $3,145 in Pangyo, rent included.

Budapest $3,489
Pangyo $3,145

Budapest costs about 11% more than Pangyo, and outside of rent the biggest gap is in groceries.

Both Budapest and Pangyo sit above the global median – Budapest by 21%, Pangyo by 9%.

Meal at Budget Restaurant

$13.99 Ft 4,551

$7.17 ₩9,612

95.12%

Three-Course Dinner for Two, Mid-Range

$60.3 Ft 19.6K

$30.05 ₩40.3K

100.80%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

$6.54 ₩8,768

52.29%

Cappuccino

$3.38 Ft 1,100

$4.03 ₩5,394

-16.13%

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

$2.13 Ft 692

$1.51 ₩2,023

41.06%

Water (0.33 liter bottle)

$1.87 Ft 608

$0.71 ₩953

163.38%

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

$2.96 ₩3,973

26.69%

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

$3.98 ₩5,335

-10.30%

Milk (1 liter)

$1.13 Ft 368

$2.30 ₩3,084

-50.87%

White Bread (500g)

$1.84 Ft 599

$3.19 ₩4,274

-42.32%

Rice (white) (1kg)

$2.39 Ft 777

$2.74 ₩3,674

-12.77%

Eggs

$3.83 Ft 1,245

$2.69 ₩3,607

42.38%

Local Cheese (1kg)

$11.33 Ft 3,686

$10.88 ₩14.6K

4.14%

Chicken Fillets (1kg)

$6.74 Ft 2,192

$7.91 ₩10.6K

-14.79%

Beef Round Steak (1kg)

$14.69 Ft 4,780

$21.43 ₩28.7K

-31.45%

Apples (1kg)

$1.84 Ft 597

$7.68 ₩10.3K

-76.04%

Banana (1kg)

$2.01 Ft 653

$3.62 ₩4,847

-44.48%

Oranges (1kg)

$2.36 Ft 767

$7.50 ₩10.1K

-68.53%

Tomato (1kg)

$3.77 Ft 1,226

$6.11 ₩8,182

-38.30%

Potato (1kg)

$0.96 Ft 313

$3.62 ₩4,848

-73.48%

Onion (1kg)

$1.03 Ft 334

$2.68 ₩3,587

-61.57%

Lettuce (1 head)

$1.56 Ft 509

$2.78 ₩3,732

-43.88%

Water (1.5 liter bottle)

$0.66 Ft 216

$1.28 ₩1,715

-48.44%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

$3.45 ₩4,624

130.72%

Wine (Bottle)

$6.01 Ft 1,954

$18.84 ₩25.3K

-68.10%

Local Beer (0.5 liter bottle)

$1.30 Ft 421

$2.29 ₩3,071

-43.23%

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

$3.46 ₩4,639

-39.88%

One-way Ticket (Public Transport)

$1.50 Ft 489

$1.10 ₩1,476

36.36%

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

$47.53 ₩63.7K

-41.91%

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

$3.36 ₩4,504

-1.79%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

$0.66 ₩882

96.97%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

$13.05 ₩17.5K

51.57%

Gasoline (1 liter)

$1.81 Ft 591

$1.41 ₩1,887

28.37%

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

$29.3K Ft 9.5M

$30.8K ₩41.2M

-4.64%

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

$34.1K Ft 11.1M

$38.4K ₩51.4M

-11.16%

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

$170 Ft 55.3K

$199 ₩266.8K

-14.65%

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

$23.98 Ft 7,802

$36.74 ₩49.2K

-34.73%

Internet (50+ Mbps, Unlimited Data)

$23.42 Ft 7,621

$22.15 ₩29.7K

5.73%

Gym Membership (Monthly)

$66.2 Ft 21.6K

$51.2 ₩68.6K

29.45%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

$11.91 ₩16.0K

61.04%

Cinema Ticket

$9.52 Ft 3,098

$11.13 ₩14.9K

-14.47%

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

$537 Ft 174.6K

$526 ₩704.4K

2.10%

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

$21.7K ₩29.0M

-23.37%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

$65.7 ₩88.0K

54.32%

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

$64.1 ₩85.9K

-32.94%

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

$74.5 ₩99.8K

51.34%

Men's Leather Business Shoes

$119 Ft 38.6K

$101 ₩135.3K

17.60%

1-bedroom Apartment, City Center (Monthly)

$805 Ft 262.0K

$478 ₩641.1K

68.29%

1-bedroom Apartment, Outside City Center (Monthly)

$629 Ft 204.7K

$361 ₩483.8K

74.28%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

$1,182 ₩1.6M

31.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 Ft 379.7K

$735 ₩985.5K

58.69%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

$7,053 ₩9.5M

-20.34%

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

$5,546 ₩7.4M

-28.45%

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

$5,262 ₩7.1M

-69.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

4.1

56.83%

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

Last update for Budapest: October 5, 2026

Last update for Pangyo: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$629 38.7%

Pangyo

$361 24.4% 42.6% $268

Groceries & Markets

Budapest

$258 15.8%

Pangyo

$433 29.3% 67.9% $175

Eating Out

Budapest

$224 13.8%

Pangyo

$157 10.6% 30% $67

Monthly Utilities & Internet

Budapest

$217 13.4%

Pangyo

$258 17.5% 18.7% $41

Clothing & Footwear

Budapest

$169 10.4%

Pangyo

$137 9.3% 18.8% $32

Sport & Entertainment

Budapest

$85 5.2%

Pangyo

$73 5% 13.9% $12

Getting Around

Budapest

$43 2.7%

Pangyo

$59 4% 34.9% $15

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $478 in Pangyo. 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 224% higher in Pangyo, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $60.0 in Budapest versus $30.00 in Pangyo. Groceries tell a different story – $258 in Budapest vs $433 in Pangyo – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇭🇺 Budapest

🇰🇷 Pangyo

🕒 Local time

10:26 10:26 AM

17:26 5:26 PM

7 h ahead of Budapest

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

Hungarian Forint HUF Ft

South Korean Won KRW ₩

📈 Exchange rate

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.65 EUR

Exchange rates and currency converter

KRW, 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).

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

USD to HUF in detail →

On the map

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Between locations

Budapest Pangyo 8,190 km ≈ 11 h nonstop flight

From you

Budapest
Pangyo

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 Pangyo: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 11%, 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 $2,191 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 72% less in Pangyo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $537 per month in Budapest and $526 in Pangyo. 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 Pangyo, where all-in costs run around $1,460, than in Budapest at $1,621. In Pangyo it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Pangyo – 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 Pangyo. 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.