Last update: Oct 2026

Cost of Living Comparison Between Budapest and Qingdao, Shandong

For one person, living is cheaper in Qingdao, Shandong: $756 a month against $1,621 in Budapest, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

Budapest
🇭🇺 Hungary
$1,621
/mo nomad
Qingdao, Shandong
🇨🇳 China
$756
/mo nomad
Monthly Cost of Living

How much you'll spend in Budapest and in Qingdao, Shandong

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

A single person spends $1,621 per month in Budapest vs $756 in Qingdao, Shandong, rent included.

  • Budapest $1,621
  • Qingdao, Shandong $756

A couple spends around $2,555 per month in Budapest vs $1,233 in Qingdao, Shandong, rent included.

  • Budapest $2,555
  • Qingdao, Shandong $1,233

A family of three spends $3,489 per month in Budapest vs $1,709 in Qingdao, Shandong, rent included.

  • Budapest $3,489
  • Qingdao, Shandong $1,709

Budapest costs about 114% more than Qingdao, Shandong, and outside of rent the biggest gap is in eating out.

Budapest sits 21% above the global median, while Qingdao, Shandong is 44% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Budapest
Qingdao, Shandong
Difference
Meal at Budget Restaurant
$13.99 Ft 4,551
$2.91 ¥19.43
380.76%
Three-Course Dinner for Two, Mid-Range
$60.3 Ft 19.6K
$17.98 ¥120
235.60%
Fast Food Meal (McDonalds, etc)
$9.96 Ft 3,241
$4.46 ¥29.79
123.32%
Cappuccino
$3.38 Ft 1,100
$2.66 ¥17.78
27.07%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.13 Ft 692
$0.54 ¥3.64
294.44%
Water (0.33 liter bottle)
$1.87 Ft 608
$0.32 ¥2.15
484.38%
Local Beer (0.5 liter draught)
$3.75 Ft 1,221
$1.11 ¥7.42
237.84%
Imported Beer (0.33 liter bottle)
$3.57 Ft 1,162
$2.67 ¥17.82
33.71%
🛒 Groceries & Markets
Budapest
Qingdao, Shandong
Difference
Milk (1 liter)
$1.13 Ft 368
$1.91 ¥12.73
-40.84%
White Bread (500g)
$1.84 Ft 599
$1.35 ¥9.05
36.30%
Rice (white) (1kg)
$2.39 Ft 777
$0.97 ¥6.50
146.39%
Eggs
$3.83 Ft 1,245
$1.29 ¥8.63
196.90%
Local Cheese (1kg)
$11.33 Ft 3,686
$16.27 ¥109
-30.36%
Chicken Fillets (1kg)
$6.74 Ft 2,192
$4.36 ¥29.12
54.59%
Beef Round Steak (1kg)
$14.69 Ft 4,780
$9.66 ¥64.6
52.07%
Apples (1kg)
$1.84 Ft 597
$1.41 ¥9.43
30.50%
Banana (1kg)
$2.01 Ft 653
$1.20 ¥7.99
67.50%
Oranges (1kg)
$2.36 Ft 767
$1.73 ¥11.55
36.42%
Tomato (1kg)
$3.77 Ft 1,226
$1.26 ¥8.39
199.21%
Potato (1kg)
$0.96 Ft 313
$0.68 ¥4.53
41.18%
Onion (1kg)
$1.03 Ft 334
$0.96 ¥6.44
7.29%
Lettuce (1 head)
$1.56 Ft 509
$0.94 ¥6.26
65.96%
Water (1.5 liter bottle)
$0.66 Ft 216
$0.61 ¥4.09
8.20%
Cigarettes 20 Pack (Marlboro, Camel)
$7.96 Ft 2,591
$3.79 ¥25.34
110.03%
Wine (Bottle)
$6.01 Ft 1,954
$14.69 ¥98.2
-59.09%
Local Beer (0.5 liter bottle)
$1.30 Ft 421
$1.01 ¥6.75
28.71%
Imported Beer (0.33 liter bottle)
$2.08 Ft 676
$1.57 ¥10.50
32.48%
🚌 Getting Around
Budapest
Qingdao, Shandong
Difference
One-way Ticket (Public Transport)
$1.50 Ft 489
$0.31 ¥2.10
383.87%
Public Transport Monthly Pass (Regular Price)
$27.61 Ft 8,982
$18.25 ¥122
51.29%
Taxi Start (Normal Tariff)
$3.30 Ft 1,074
$1.50 ¥10.03
120.00%
Taxi (Normal Tariff) (1km)
$1.30 Ft 424
$0.41 ¥2.74
217.07%
Taxi 1hour Waiting (Normal Tariff)
$19.78 Ft 6,436
$9.06 ¥60.5
118.32%
Gasoline (1 liter)
$1.81 Ft 591
$1.31 ¥8.74
38.17%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.3K Ft 9.5M
$19.1K ¥127.4K
53.90%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.1K Ft 11.1M
$16.6K ¥110.7K
105.95%
🧾 Monthly Utilities & Internet
Budapest
Qingdao, Shandong
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 Ft 55.3K
$69.2 ¥463
145.47%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$23.98 Ft 7,802
$6.73 ¥44.95
256.32%
Internet (50+ Mbps, Unlimited Data)
$23.42 Ft 7,621
$7.73 ¥51.7
202.98%
🎉 Sport & Entertainment
Budapest
Qingdao, Shandong
Difference
Gym Membership (Monthly)
$66.2 Ft 21.6K
$20.95 ¥140
216.18%
Tennis Court (1 Hour on Weekend)
$19.18 Ft 6,239
$18.21 ¥122
5.33%
Cinema Ticket
$9.52 Ft 3,098
$6.25 ¥41.79
52.32%
🧸 Childcare & Education
Budapest
Qingdao, Shandong
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$537 Ft 174.6K
$365 ¥2,439
47.08%
International Primary School, 1 Child (Yearly)
$16.6K Ft 5.4M
$17.6K ¥117.4K
-5.44%
👕👟 Clothing & Footwear
Budapest
Qingdao, Shandong
Difference
Jeans (Levis 501 Or Similar)
$101 Ft 33.0K
$52.5 ¥351
92.99%
Summer Dress (H&M, Zara, etc)
$42.99 Ft 14.0K
$49.25 ¥329
-12.71%
Sport Shoes (Adidas, Nike)
$113 Ft 36.7K
$93.9 ¥628
20.06%
Men's Leather Business Shoes
$119 Ft 38.6K
$91.2 ¥609
30.26%
🏠 Accommodation & Living
Budapest
Qingdao, Shandong
Difference
1-bedroom Apartment, City Center (Monthly)
$805 Ft 262.0K
$353 ¥2,362
127.86%
1-bedroom Apartment, Outside City Center (Monthly)
$629 Ft 204.7K
$199 ¥1,328
216.54%
3-bedroom Apartment, City Center (Monthly)
$1,549 Ft 504.1K
$757 ¥5,056
104.78%
3-bedroom Apartment, Outside City Center (Monthly)
$1,167 Ft 379.7K
$418 ¥2,796
178.94%
Buy Apartment in City Center (m2)
$5,618 Ft 1.8M
$3,573 ¥23.9K
57.25%
Buy Apartment Outside City Center (m2)
$3,968 Ft 1.3M
$2,172 ¥14.5K
82.68%
💵 Salaries & Financials
Budapest
Qingdao, Shandong
Difference
Average Monthly Net Salary (After Tax)
$1,626 Ft 529.0K
$1,196 ¥7,995
35.89%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.43
3.37
90.80%

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

Last update for Budapest: October 5, 2026

Last update for Qingdao, Shandong: October 6, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Budapest
$629
Qingdao, Shandong
$199 68.4% $430
Groceries & Markets
Budapest
$258
Qingdao, Shandong
$221 14.1% $36
Eating Out
Budapest
$224
Qingdao, Shandong
$83 63% $141
Monthly Utilities & Internet
Budapest
$217
Qingdao, Shandong
$84 61.5% $134
Clothing & Footwear
Budapest
$169
Qingdao, Shandong
$129 23.7% $40
Sport & Entertainment
Budapest
$85
Qingdao, Shandong
$33 60.8% $52
Getting Around
Budapest
$43
Qingdao, Shandong
$23 46.9% $20

Cost Breakdown

A central one-bedroom costs $805 in Budapest versus $353 in Qingdao, Shandong. 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 36% 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 $60.0 in Budapest versus $18.00 in Qingdao, Shandong. Monthly groceries follow the same trend: $258 vs $221 – making Qingdao, Shandong the more affordable choice for daily food spending.

Good to know
🇭🇺 Budapest
🇨🇳 Qingdao, Shandong
🕒 Local time
11:45 11:45 AM
17:45 5:45 PM
6 h ahead of Budapest
🌤 Weather
👥 Population
1,686,222 Capital
10,071,722
💱 Currency
Exchange rates and currency converter

CNY, USD, EUR to HUF – Hungarian Forint Converter

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).

Chinese Yuan exchange rates as of October 10, 2026: 1 USD = 6.68 CNY (1 CNY = 0.15 USD). 1 EUR = 7.49 CNY (1 CNY = 0.134 EUR).

On the map
Between locations
  • Budapest Qingdao, Shandong 7,890 km ≈ 10 h nonstop flight
From you
  • Budapest
  • Qingdao, Shandong

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 Qingdao, Shandong: Cost of Living - Frequently Asked Questions
Is Qingdao, Shandong cheaper than Budapest?
Yes – Budapest is pricier by about 114%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $2,432 per month in Budapest and $1,134 in Qingdao, Shandong. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Qingdao, Shandong, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 51% less in Qingdao, Shandong. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $537 per month in Budapest and $365 in Qingdao, Shandong. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $1,500 a realistic budget for living in Budapest or in Qingdao, Shandong?
A $1,500 monthly budget goes further in Qingdao, Shandong, where all-in costs run around $756, than in Budapest at $1,621. In Qingdao, Shandong it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.
Is Budapest or Qingdao, Shandong more family-friendly?
Families tend to lean toward Qingdao, Shandong – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Budapest or Qingdao, Shandong?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Qingdao, Shandong. 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.

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