Last update: Oct 2026

Cost of Living Comparison Between Concord, NC and Budapest

For one person, living is cheaper in Budapest: $1,621 a month against $1,978 in Concord, NC, rent and utilities included – about $4,300 less a year. Rent and utilities account for most of the difference.

128

Cost of Living Index in Concord, NC
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Concord, NC Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Concord, NC

🇺🇸 United States

$1,978

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

How much you'll spend in Concord, NC 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 Concord, NC and in Budapest actually costs, broken down by who's living it.

A single person spends $1,978 per month in Concord, NC vs $1,621 in Budapest, rent included.

Concord, NC $1,978
Budapest $1,621

A couple spends around $3,194 per month in Concord, NC vs $2,555 in Budapest, rent included.

Concord, NC $3,194
Budapest $2,555

A family of three spends $4,410 per month in Concord, NC vs $3,489 in Budapest, rent included.

Concord, NC $4,410
Budapest $3,489

Concord, NC costs about 22% more than Budapest, and outside of rent the biggest gap is in clothing.

Both Concord, NC and Budapest sit above the global median – Concord, NC by 48%, Budapest by 21%.

Meal at Budget Restaurant

$15.80 $15.80

$13.99 Ft 4,551

12.94%

Three-Course Dinner for Two, Mid-Range

$91.3 $91.3

$60.3 Ft 19.6K

51.33%

Fast Food Meal (McDonalds, etc)

$11.87 $11.87

$9.96 Ft 3,241

19.18%

Cappuccino

$7.17 $7.17

$3.38 Ft 1,100

112.13%

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

$3.05 $3.05

$2.13 Ft 692

43.19%

Water (0.33 liter bottle)

$2.27 $2.27

$1.87 Ft 608

21.39%

Local Beer (0.5 liter draught)

$8.07 $8.07

$3.75 Ft 1,221

115.20%

Imported Beer (0.33 liter bottle)

$9.22 $9.22

$3.57 Ft 1,162

158.26%

Milk (1 liter)

$0.78 $0.78

$1.13 Ft 368

-30.97%

White Bread (500g)

$3.30 $3.30

$1.84 Ft 599

79.35%

Rice (white) (1kg)

$4.28 $4.28

$2.39 Ft 777

79.08%

Eggs

$3.66 $3.66

$3.83 Ft 1,245

-4.44%

Local Cheese (1kg)

$6.58 $6.58

$11.33 Ft 3,686

-41.92%

Chicken Fillets (1kg)

$6.13 $6.13

$6.74 Ft 2,192

-9.05%

Beef Round Steak (1kg)

$17.62 $17.62

$14.69 Ft 4,780

19.95%

Apples (1kg)

$6.52 $6.52

$1.84 Ft 597

254.35%

Banana (1kg)

$1.32 $1.32

$2.01 Ft 653

-34.33%

Oranges (1kg)

$6.48 $6.48

$2.36 Ft 767

174.58%

Tomato (1kg)

$2.20 $2.20

$3.77 Ft 1,226

-41.64%

Potato (1kg)

$0.96 Ft 313

Onion (1kg)

$1.03 Ft 334

Lettuce (1 head)

$1.56 Ft 509

Water (1.5 liter bottle)

$0.66 Ft 216

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,591

Wine (Bottle)

$6.01 Ft 1,954

Local Beer (0.5 liter bottle)

$1.30 Ft 421

Imported Beer (0.33 liter bottle)

$2.08 Ft 676

One-way Ticket (Public Transport)

$1.50 Ft 489

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

Gasoline (1 liter)

$0.99 $0.99

$1.81 Ft 591

-45.30%

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

$29.3K Ft 9.5M

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

$34.1K Ft 11.1M

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

$139 $139

$170 Ft 55.3K

-17.95%

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

$121 $121

$23.98 Ft 7,802

402.96%

Internet (50+ Mbps, Unlimited Data)

$68.0 $68.0

$23.42 Ft 7,621

190.35%

Gym Membership (Monthly)

$49.02 $49.02

$66.2 Ft 21.6K

-26.00%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

Cinema Ticket

$9.52 Ft 3,098

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

$537 Ft 174.6K

International Primary School, 1 Child (Yearly)

$16.6K Ft 5.4M

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

Men's Leather Business Shoes

$119 Ft 38.6K

1-bedroom Apartment, City Center (Monthly)

$1,304 $1,304

$805 Ft 262.0K

61.95%

1-bedroom Apartment, Outside City Center (Monthly)

$994 $994

$629 Ft 204.7K

57.91%

3-bedroom Apartment, City Center (Monthly)

$2,007 $2,007

$1,549 Ft 504.1K

29.56%

3-bedroom Apartment, Outside City Center (Monthly)

$2,137 $2,137

$1,167 Ft 379.7K

83.07%

Buy Apartment in City Center (m2)

$2,363 $2,363

$5,618 Ft 1.8M

-57.95%

Buy Apartment Outside City Center (m2)

$2,348 $2,348

$3,968 Ft 1.3M

-40.83%

Average Monthly Net Salary (After Tax)

$3,828 $3,828

$1,626 Ft 529.0K

135.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

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

Last update for Concord, NC: October 3, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Concord, NC

$994 50.9%

Budapest

$629 38.7% 36.7% $364

Eating Out

Concord, NC

$328 16.8%

Budapest

$224 13.8% 31.7% $104

Monthly Utilities & Internet

Concord, NC

$328 16.8%

Budapest

$217 13.4% 33.7% $111

Groceries & Markets

Concord, NC

$253 * 13%

Budapest

$258 15.8% 1.7% $4.4

Sport & Entertainment

Concord, NC

$49 * 2.5%

Budapest

$85 5.2% 74% $36

Getting Around

Concord, NC

- * 0%

Budapest

$43 2.7%

Clothing & Footwear

Concord, NC

- * 0%

Budapest

$169 10.4%

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

Cost Breakdown

A central one-bedroom costs $1,304 in Concord, NC versus $805 in Budapest. 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 135% higher in Concord, NC, 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 $91.0 in Concord, NC versus $60.0 in Budapest. Groceries tell a different story – $253 in Concord, NC vs $258 in Budapest – so Concord, NC wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Concord, NC

🇭🇺 Budapest

🕒 Local time

18:12 6:12 PM

00:12 12:12 AM

6 h ahead of Concord, NC

🌤 Weather

👥 Population

42,695

1,686,222 Capital

💱 Currency

United States Dollar USD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 USD = 0.892 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, EUR to USD – United States Dollar Converter

🇭🇺 Hungarian Forint (Ft)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

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).

HUF to USD in detail →

On the map

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Between locations

Concord, NC Budapest 7,830 km ≈ 10 h nonstop flight

From you

Concord, NC
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

Concord, NC vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Concord, NC is pricier by about 22%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,967 per month in Concord, NC and $2,432 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Interestingly, groceries are about 2% cheaper in Concord, NC – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $91.0 in Concord, NC and $60.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in Concord, NC at $1,978. In Budapest it covers expenses comfortably, while in Concord, NC it requires careful planning or may not stretch far enough.

Families tend to lean toward Budapest – 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 Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Concord, NC makes more sense. Both are solid long-term options with distinct trade-offs.