Last update: Oct 2026

Cost of Living Comparison Between Gence and Budapest

For one person, living is cheaper in Gence: $711 a month against $1,621 in Budapest, rent and utilities included – about $10,900 less a year. Rent and utilities account for most of the difference.

35

Cost of Living Index in Gence
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Gence Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Gence

🇦🇿 Azerbaijan

$711

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $711 per month in Gence vs $1,621 in Budapest, rent included.

Gence $711
Budapest $1,621

A couple spends around $1,175 per month in Gence vs $2,555 in Budapest, rent included.

Gence $1,175
Budapest $2,555

A family of three spends $1,640 per month in Gence vs $3,489 in Budapest, rent included.

Gence $1,640
Budapest $3,489

Gence is about 56% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Gence sits 47% below the global median, while Budapest is 21% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.95 ₼11.81

$13.99 Ft 4,551

-50.32%

Three-Course Dinner for Two, Mid-Range

$29.24 ₼49.69

$60.3 Ft 19.6K

-51.54%

Fast Food Meal (McDonalds, etc)

$8.30 ₼14.11

$9.96 Ft 3,241

-16.67%

Cappuccino

$2.65 ₼4.50

$3.38 Ft 1,100

-21.60%

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

$0.84 ₼1.44

$2.13 Ft 692

-60.56%

Water (0.33 liter bottle)

$0.49 ₼0.83

$1.87 Ft 608

-73.80%

Local Beer (0.5 liter draught)

$1.21 ₼2.05

$3.75 Ft 1,221

-67.73%

Imported Beer (0.33 liter bottle)

$2.38 ₼4.05

$3.57 Ft 1,162

-33.33%

Milk (1 liter)

$1.33 ₼2.27

$1.13 Ft 368

17.70%

White Bread (500g)

$0.35 ₼0.60

$1.84 Ft 599

-80.98%

Rice (white) (1kg)

$1.74 ₼2.95

$2.39 Ft 777

-27.20%

Eggs

$1.14 ₼1.94

$3.83 Ft 1,245

-70.23%

Local Cheese (1kg)

$2.83 ₼4.81

$11.33 Ft 3,686

-75.02%

Chicken Fillets (1kg)

$3.51 ₼5.96

$6.74 Ft 2,192

-47.92%

Beef Round Steak (1kg)

$7.59 ₼12.90

$14.69 Ft 4,780

-48.33%

Apples (1kg)

$0.62 ₼1.06

$1.84 Ft 597

-66.30%

Banana (1kg)

$1.31 ₼2.22

$2.01 Ft 653

-34.83%

Oranges (1kg)

$1.38 ₼2.34

$2.36 Ft 767

-41.53%

Tomato (1kg)

$1.06 ₼1.80

$3.77 Ft 1,226

-71.88%

Potato (1kg)

$0.63 ₼1.07

$0.96 Ft 313

-34.37%

Onion (1kg)

$0.51 ₼0.87

$1.03 Ft 334

-50.49%

Lettuce (1 head)

$0.44 ₼0.74

$1.56 Ft 509

-71.79%

Water (1.5 liter bottle)

$0.43 ₼0.73

$0.66 Ft 216

-34.85%

Cigarettes 20 Pack (Marlboro, Camel)

$3.61 ₼6.13

$7.96 Ft 2,591

-54.65%

Wine (Bottle)

$1.40 ₼2.38

$6.01 Ft 1,954

-76.71%

Local Beer (0.5 liter bottle)

$0.92 ₼1.56

$1.30 Ft 421

-29.23%

Imported Beer (0.33 liter bottle)

$1.78 ₼3.03

$2.08 Ft 676

-14.42%

One-way Ticket (Public Transport)

$0.30 ₼0.51

$1.50 Ft 489

-80.00%

Public Transport Monthly Pass (Regular Price)

$14.81 ₼25.18

$27.61 Ft 8,982

-46.36%

Taxi Start (Normal Tariff)

$1.74 ₼2.95

$3.30 Ft 1,074

-47.27%

Taxi (Normal Tariff) (1km)

$0.28 ₼0.47

$1.30 Ft 424

-78.46%

Taxi 1hour Waiting (Normal Tariff)

$2.30 ₼3.91

$19.78 Ft 6,436

-88.37%

Gasoline (1 liter)

$0.69 ₼1.17

$1.81 Ft 591

-61.88%

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

$20.8K ₼35.3K

$29.3K Ft 9.5M

-29.22%

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

$22.7K ₼38.5K

$34.1K Ft 11.1M

-33.59%

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

$33.78 ₼57.4

$170 Ft 55.3K

-80.12%

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

$12.58 ₼21.39

$23.98 Ft 7,802

-47.54%

Internet (50+ Mbps, Unlimited Data)

$14.89 ₼25.31

$23.42 Ft 7,621

-36.42%

Gym Membership (Monthly)

$20.99 ₼35.67

$66.2 Ft 21.6K

-68.31%

Tennis Court (1 Hour on Weekend)

$23.26 ₼39.53

$19.18 Ft 6,239

21.27%

Cinema Ticket

$5.95 ₼10.10

$9.52 Ft 3,098

-37.50%

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

$231 ₼392

$537 Ft 174.6K

-57.03%

International Primary School, 1 Child (Yearly)

$5,803 ₼9,863

$16.6K Ft 5.4M

-65.05%

Jeans (Levis 501 Or Similar)

$89.2 ₼152

$101 Ft 33.0K

-12.00%

Summer Dress (H&M, Zara, etc)

$59.1 ₼100

$42.99 Ft 14.0K

37.40%

Sport Shoes (Adidas, Nike)

$125 ₼213

$113 Ft 36.7K

11.17%

Men's Leather Business Shoes

$118 ₼200

$119 Ft 38.6K

-1.01%

1-bedroom Apartment, City Center (Monthly)

$353 ₼599

$805 Ft 262.0K

-56.20%

1-bedroom Apartment, Outside City Center (Monthly)

$179 ₼303

$629 Ft 204.7K

-71.62%

3-bedroom Apartment, City Center (Monthly)

$579 ₼984

$1,549 Ft 504.1K

-62.62%

3-bedroom Apartment, Outside City Center (Monthly)

$349 ₼594

$1,167 Ft 379.7K

-70.07%

Buy Apartment in City Center (m2)

$815 ₼1,385

$5,618 Ft 1.8M

-85.49%

Buy Apartment Outside City Center (m2)

$473 ₼803

$3,968 Ft 1.3M

-88.09%

Average Monthly Net Salary (After Tax)

$294 ₼500

$1,626 Ft 529.0K

-81.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

24.42%

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

Last update for Gence: 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

Gence

$179 24.9%

Budapest

$629 38.7% 252% $451

Clothing & Footwear

Gence

$176 24.6%

Budapest

$169 10.4% 3.9% $6.9

Eating Out

Gence

$128 17.9%

Budapest

$224 13.8% 74.6% $96

Groceries & Markets

Gence

$120 16.7%

Budapest

$258 15.8% 115% $138

Monthly Utilities & Internet

Gence

$61 8.6%

Budapest

$217 13.4% 255% $156

Sport & Entertainment

Gence

$33 4.6%

Budapest

$85 5.2% 159% $52

Getting Around

Gence

$19 2.7%

Budapest

$43 2.7% 127% $24

Cost Breakdown

A central one-bedroom costs $353 in Gence 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 453% 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 $29.00 in Gence versus $60.0 in Budapest. Monthly groceries follow the same trend: $120 vs $258 – making Gence the more affordable choice for daily food spending.

Good to know

🇦🇿 Gence

🇭🇺 Budapest

🕒 Local time

06:15 6:15 AM

04:15 4:15 AM

2 h behind Gence

🌤 Weather

👥 Population

335,800

1,686,222 Capital

💱 Currency

Azerbaijani Manat AZN ₼

Hungarian Forint HUF Ft

📈 Exchange rate

1 AZN = 0.588 USD

1 AZN = 0.525 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to AZN – Azerbaijani Manat Converter

🇺🇸 United States Dollar ($)

🇦🇿 Azerbaijani Manat (₼)

Azerbaijani Manat exchange rates as of October 10, 2026: 1 USD = 1.7 AZN (1 AZN = 0.588 USD). 1 EUR = 1.91 AZN (1 AZN = 0.525 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).

USD to AZN in detail →

On the map

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Between locations

Gence Budapest 2,300 km ≈ 3 h 15 min nonstop flight

From you

Gence
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

Gence vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 128%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,067 per month in Gence 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 Gence, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 86% less in Gence. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $231 per month in Gence and $537 in Budapest. 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 Gence, where all-in costs run around $711, than in Budapest at $1,621. In Gence it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Gence – 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 Gence. 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.