Last update: Oct 2026

Cost of Living Comparison Between Budapest and Takoradi

For one person, living is cheaper in Takoradi: $566 a month against $1,619 in Budapest, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Budapest
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Budapest Living Index
28

Cost of Living Index in Takoradi
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Takoradi Living Index

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Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Takoradi

🇬🇭 Ghana

$566

/mo nomad

Monthly Cost of Living

How much you'll spend in Budapest and in Takoradi

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

A single person spends $1,619 per month in Budapest vs $566 in Takoradi, rent included.

Budapest $1,619
Takoradi $566

A couple spends around $2,524 per month in Budapest vs $952 in Takoradi, rent included.

Budapest $2,524
Takoradi $952

A family of three spends $3,429 per month in Budapest vs $1,338 in Takoradi, rent included.

Budapest $3,429
Takoradi $1,338

Budapest costs about 186% more than Takoradi, and outside of rent the biggest gap is in clothing.

Budapest sits 20% above the global median, while Takoradi is 58% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.94 Ft 4,503

$8.11 GHS 94.3

71.89%

Three-Course Dinner for Two, Mid-Range

$61.2 Ft 19.8K

$50.1 GHS 583

22.10%

Fast Food Meal (McDonalds, etc)

$10.19 Ft 3,291

$10.48 GHS 122

-2.77%

Cappuccino

$3.26 Ft 1,055

$4.38 GHS 50.9

-25.57%

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

$2.14 Ft 690

$1.60 GHS 18.64

33.75%

Water (0.33 liter bottle)

$1.78 Ft 577

$0.44 GHS 5.14

304.55%

Local Beer (0.5 liter draught)

$3.71 Ft 1,198

$1.81 GHS 21.09

104.97%

Imported Beer (0.33 liter bottle)

$3.77 Ft 1,217

$2.19 GHS 25.45

72.15%

Milk (1 liter)

$1.15 Ft 371

$1.41 GHS 16.36

-18.44%

White Bread (500g)

$1.79 Ft 578

$1.03 GHS 12.01

73.79%

Rice (white) (1kg)

$2.49 Ft 804

$1.73 GHS 20.10

43.93%

Eggs

$3.90 Ft 1,261

$2.57 GHS 29.87

51.75%

Local Cheese (1kg)

$11.10 Ft 3,587

$11.74 GHS 137

-5.45%

Chicken Fillets (1kg)

$6.62 Ft 2,139

$4.61 GHS 53.6

43.60%

Beef Round Steak (1kg)

$14.69 Ft 4,745

$2.61 GHS 30.33

462.84%

Apples (1kg)

$1.83 Ft 591

$2.40 GHS 27.95

-23.75%

Banana (1kg)

$2.05 Ft 661

$0.87 GHS 10.11

135.63%

Oranges (1kg)

$2.37 Ft 765

$1.05 GHS 12.21

125.71%

Tomato (1kg)

$3.90 Ft 1,260

$1.73 GHS 20.13

125.43%

Potato (1kg)

$0.99 Ft 320

$2.27 GHS 26.36

-56.39%

Onion (1kg)

$1.00 Ft 322

$1.86 GHS 21.65

-46.24%

Lettuce (1 head)

$1.58 Ft 511

$0.74 GHS 8.56

113.51%

Water (1.5 liter bottle)

$0.67 Ft 216

$0.24 GHS 2.78

179.17%

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,572

$2.53 GHS 29.47

214.62%

Wine (Bottle)

$6.22 Ft 2,009

$7.19 GHS 83.6

-13.49%

Local Beer (0.5 liter bottle)

$1.27 Ft 411

$0.31 GHS 3.64

309.68%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

$2.43 GHS 28.27

-16.46%

One-way Ticket (Public Transport)

$1.52 Ft 490

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$3.31 Ft 1,070

$1.74 GHS 20.26

90.23%

Taxi (Normal Tariff) (1km)

$1.37 Ft 442

$1.24 GHS 14.44

10.48%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

$4.19 GHS 48.76

373.27%

Gasoline (1 liter)

$1.82 Ft 589

$1.35 GHS 15.76

34.81%

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

$29.8K Ft 9.6M

$7,998 GHS 93.0K

272.57%

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

$33.8K Ft 10.9M

$9,720 GHS 113.0K

247.85%

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

$171 Ft 55.3K

$72.3 GHS 841

136.65%

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

$23.51 Ft 7,596

$19.30 GHS 224

21.81%

Internet (50+ Mbps, Unlimited Data)

$23.29 Ft 7,526

$41.81 GHS 486

-44.30%

Gym Membership (Monthly)

$67.5 Ft 21.8K

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$9.30 Ft 3,004

$12.67 GHS 147

-26.60%

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

$533 Ft 172.3K

$463 GHS 5,389

15.10%

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

$18.4K GHS 214.1K

-8.96%

Jeans (Levis 501 Or Similar)

$99.6 Ft 32.2K

$14.16 GHS 165

603.46%

Summer Dress (H&M, Zara, etc)

$43.49 Ft 14.0K

$18.49 GHS 215

135.21%

Sport Shoes (Adidas, Nike)

$110 Ft 35.7K

$36.33 GHS 422

203.77%

Men's Leather Business Shoes

$119 Ft 38.4K

$51.7 GHS 601

130.21%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

26.75

-75.89%

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

Last update for Budapest: October 13, 2026

Last update for Takoradi: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Budapest

$622 38.4%

Takoradi

- * 0% 100%

Groceries & Markets

Budapest

$258 15.9%

Takoradi

$175 30.9% 32.2% $83

Eating Out

Budapest

$223 13.8%

Takoradi

$170 30.1% 23.6% $53

Monthly Utilities & Internet

Budapest

$218 13.5%

Takoradi

$133 23.6% 38.8% $85

Clothing & Footwear

Budapest

$168 10.4%

Takoradi

$54 9.6% 67.6% $113

Sport & Entertainment

Budapest

$86 5.3%

Takoradi

$25 * 4.5% 70.6% $61

Getting Around

Budapest

$44 2.7%

Takoradi

$8 * 1.4% 82% $36

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $61.0 in Budapest versus $50.0 in Takoradi. Monthly groceries follow the same trend: $258 vs $175 – making Takoradi the more affordable choice for daily food spending.

Good to know

🇭🇺 Budapest

🇬🇭 Takoradi

🕒 Local time

21:04 9:04 PM

19:04 7:04 PM

2 h behind Budapest

🌤 Weather

👥 Population

1,686,222 Capital

539,548

💱 Currency

Hungarian Forint HUF Ft

Ghanaian Cedi GHS ₵

📈 Exchange rate

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

100 GHS = 8.6 USD

100 GHS = 7.65 EUR

Exchange rates and currency converter

GHS, 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).

Ghanaian Cedi exchange rates as of October 17, 2026: 1 USD = 11.63 GHS (100 GHS = 8.6 USD). 1 EUR = 13.08 GHS (100 GHS = 7.65 EUR).

USD to HUF in detail →

On the map

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Between locations

Budapest Takoradi 5,140 km ≈ 7 h nonstop flight

From you

Budapest
Takoradi

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 Takoradi: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 186%, 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 $850 in Takoradi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $61.0 in Budapest and $50.0 in Takoradi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 47% more in Budapest, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Takoradi, where all-in costs run around $566, than in Budapest at $1,619. In Takoradi it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Takoradi – 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 Takoradi. 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.