Last update: Oct 2026

Cost of Living Comparison Between the Canaries and Budapest

For one person, living is cheaper in the Canaries: $187 a month against $1,641 in Budapest, rent and utilities included – about $17,400 less a year.

80

Cost of Living Index in Budapest
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Budapest Living Index

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Canaries

🇱🇨 Saint Lucia

$187

/mo nomad

Budapest

🇭🇺 Hungary

$1,641

/mo nomad

Monthly Cost of Living

How much you'll spend in the Canaries and in Budapest

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in the Canaries and in Budapest actually costs, broken down by who's living it.

A single person spends $187 per month in the Canaries vs $1,641 in Budapest, rent included.

Canaries $187
Budapest $1,641

A couple spends around $275 per month in the Canaries vs $2,562 in Budapest, rent included.

Canaries $275
Budapest $2,562

A family of three spends $364 per month in the Canaries vs $3,483 in Budapest, rent included.

Canaries $364
Budapest $3,483

Canaries is about 89% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Canaries sits 86% below the global median, while Budapest is 21% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.04 Ft 4,536

Three-Course Dinner for Two, Mid-Range

$60.9 Ft 19.7K

Fast Food Meal (McDonalds, etc)

$10.37 Ft 3,351

Cappuccino

$3.46 Ft 1,117

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

$2.07 Ft 669

Water (0.33 liter bottle)

$1.77 Ft 572

Local Beer (0.5 liter draught)

$3.69 Ft 1,191

Imported Beer (0.33 liter bottle)

$3.80 Ft 1,229

Milk (1 liter)

$1.16 Ft 374

White Bread (500g)

$1.85 Ft 598

Rice (white) (1kg)

$2.40 Ft 776

Eggs

$3.99 Ft 1,289

Local Cheese (1kg)

$11.40 Ft 3,683

Chicken Fillets (1kg)

$6.87 Ft 2,221

Beef Round Steak (1kg)

$14.49 Ft 4,682

Apples (1kg)

$1.88 Ft 607

Banana (1kg)

$2.14 Ft 693

Oranges (1kg)

$2.30 Ft 744

Tomato (1kg)

$4.04 Ft 1,304

Potato (1kg)

$1.02 Ft 329

Onion (1kg)

$0.99 Ft 320

Lettuce (1 head)

$1.58 Ft 510

Water (1.5 liter bottle)

$0.70 Ft 225

Cigarettes 20 Pack (Marlboro, Camel)

$8.03 Ft 2,594

Wine (Bottle)

$6.18 Ft 1,997

Local Beer (0.5 liter bottle)

$1.24 Ft 401

Imported Beer (0.33 liter bottle)

$2.06 Ft 666

One-way Ticket (Public Transport)

$1.59 Ft 513

Public Transport Monthly Pass (Regular Price)

$27.52 Ft 8,893

Taxi Start (Normal Tariff)

$3.43 Ft 1,110

Taxi (Normal Tariff) (1km)

$1.33 Ft 431

Taxi 1hour Waiting (Normal Tariff)

$20.45 Ft 6,607

Gasoline (1 liter)

$1.93 Ft 624

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

$29.1K Ft 9.4M

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

$34.7K Ft 11.2M

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

$175 Ft 56.4K

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

$23.62 Ft 7,631

Internet (50+ Mbps, Unlimited Data)

$23.60 Ft 7,625

Gym Membership (Monthly)

$68.8 Ft 22.2K

Tennis Court (1 Hour on Weekend)

$19.26 Ft 6,224

Cinema Ticket

$10.31 Ft 3,333

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

$535 Ft 172.9K

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

Jeans (Levis 501 Or Similar)

$99.9 Ft 32.3K

Summer Dress (H&M, Zara, etc)

$43.27 Ft 14.0K

Sport Shoes (Adidas, Nike)

$112 Ft 36.1K

Men's Leather Business Shoes

$119 Ft 38.4K

1-bedroom Apartment, City Center (Monthly)

$187 EC$505

$832 Ft 268.8K

-77.50%

1-bedroom Apartment, Outside City Center (Monthly)

$187 EC$506

$629 Ft 203.3K

-70.22%

3-bedroom Apartment, City Center (Monthly)

$298 EC$805

$1,586 Ft 512.4K

-81.21%

3-bedroom Apartment, Outside City Center (Monthly)

$364 EC$982

$1,197 Ft 386.6K

-69.62%

Buy Apartment in City Center (m2)

$187 EC$506

$5,718 Ft 1.8M

-96.72%

Buy Apartment Outside City Center (m2)

$261 EC$704

$3,947 Ft 1.3M

-93.39%

Average Monthly Net Salary (After Tax)

$1,712 Ft 553.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

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

Last update for the Canaries: October 19, 2026

Last update for Budapest: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Canaries

–

Budapest

$629 38.4%

Groceries & Markets

Canaries

–

Budapest

$262 16%

Eating Out

Canaries

–

Budapest

$226 13.8%

Monthly Utilities & Internet

Canaries

–

Budapest

$222 13.5%

Clothing & Footwear

Canaries

–

Budapest

$168 10.3%

Sport & Entertainment

Canaries

–

Budapest

$89 5.5%

Getting Around

Canaries

–

Budapest

$44 2.7%

Cost Breakdown

A central one-bedroom costs $187 in the Canaries versus $832 in Budapest. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Good to know

🇱🇨 Canaries

🇭🇺 Budapest

🕒 Local time

00:26 12:26 AM

06:26 6:26 AM

6 h ahead of the Canaries

🌤 Weather

👥 Population

1,862

1,686,222 Capital

💱 Currency

East Caribbean Dollar XCD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 XCD = 0.37 USD

1 XCD = 0.329 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to XCD – East Caribbean Dollar Converter

🇺🇸 United States Dollar ($)

🌐 East Caribbean Dollar ($)

East Caribbean Dollar exchange rates as of October 23, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.04 XCD (1 XCD = 0.329 EUR).

Hungarian Forint exchange rates as of October 23, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to XCD in detail →

On the map

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Between locations

Canaries Budapest 8,130 km ≈ 11 h nonstop flight

From you

Canaries
Budapest

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

Canaries vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 776%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $281 per month in the Canaries and $2,461 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A $1,000 monthly budget goes further in the Canaries, where all-in costs run around $187, than in Budapest at $1,641. In Canaries it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward the Canaries – 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 the Canaries. 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.