Last update: Oct 2026

Cost of Living Comparison Between Gimcheon and Budapest

For one person, living is cheaper in Gimcheon: $1,319 a month against $1,619 in Budapest, rent and utilities included – about $3,600 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

64

Cost of Living Index in Gimcheon
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Gimcheon Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Gimcheon

🇰🇷 South Korea

$1,319

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $1,319 per month in Gimcheon vs $1,619 in Budapest, rent included.

Gimcheon $1,319
Budapest $1,619

A couple spends around $1,779 per month in Gimcheon vs $2,524 in Budapest, rent included.

Gimcheon $1,779
Budapest $2,524

A family of three spends $2,239 per month in Gimcheon vs $3,429 in Budapest, rent included.

Gimcheon $2,239
Budapest $3,429

Gimcheon is about 18% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Gimcheon sits 2% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.09 ₩8,091

$13.94 Ft 4,503

-56.31%

Three-Course Dinner for Two, Mid-Range

$34.04 ₩45.3K

$61.2 Ft 19.8K

-44.40%

Fast Food Meal (McDonalds, etc)

$6.71 ₩8,928

$10.19 Ft 3,291

-34.15%

Cappuccino

$3.70 ₩4,921

$3.26 Ft 1,055

13.50%

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

$1.61 ₩2,136

$2.14 Ft 690

-24.77%

Water (0.33 liter bottle)

$0.63 ₩842

$1.78 Ft 577

-64.61%

Local Beer (0.5 liter draught)

$3.52 ₩4,683

$3.71 Ft 1,198

-5.12%

Imported Beer (0.33 liter bottle)

$4.47 ₩5,939

$3.77 Ft 1,217

18.57%

Milk (1 liter)

$2.24 ₩2,975

$1.15 Ft 371

94.78%

White Bread (500g)

$3.21 ₩4,264

$1.79 Ft 578

79.33%

Rice (white) (1kg)

$2.26 ₩3,010

$2.49 Ft 804

-9.24%

Eggs

$3.31 ₩4,401

$3.90 Ft 1,261

-15.13%

Local Cheese (1kg)

$15.79 ₩21.0K

$11.10 Ft 3,587

42.25%

Chicken Fillets (1kg)

$7.71 ₩10.3K

$6.62 Ft 2,139

16.47%

Beef Round Steak (1kg)

$11.34 ₩15.1K

$14.69 Ft 4,745

-22.80%

Apples (1kg)

$7.77 ₩10.3K

$1.83 Ft 591

324.59%

Banana (1kg)

$3.24 ₩4,302

$2.05 Ft 661

58.05%

Oranges (1kg)

$7.36 ₩9,792

$2.37 Ft 765

210.55%

Tomato (1kg)

$6.78 ₩9,020

$3.90 Ft 1,260

73.85%

Potato (1kg)

$3.56 ₩4,735

$0.99 Ft 320

259.60%

Onion (1kg)

$2.41 ₩3,203

$1.00 Ft 322

141.00%

Lettuce (1 head)

$2.04 ₩2,712

$1.58 Ft 511

29.11%

Water (1.5 liter bottle)

$1.48 ₩1,971

$0.67 Ft 216

120.90%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 ₩4,572

$7.96 Ft 2,572

-56.78%

Wine (Bottle)

$18.48 ₩24.6K

$6.22 Ft 2,009

197.11%

Local Beer (0.5 liter bottle)

$2.31 ₩3,071

$1.27 Ft 411

81.89%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

One-way Ticket (Public Transport)

$1.03 ₩1,367

$1.52 Ft 490

-32.24%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$2.93 ₩3,895

$3.31 Ft 1,070

-11.48%

Taxi (Normal Tariff) (1km)

$0.66 ₩877

$1.37 Ft 442

-51.82%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

Gasoline (1 liter)

$1.15 ₩1,525

$1.82 Ft 589

-36.81%

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

$29.5K ₩39.2M

$29.8K Ft 9.6M

-0.97%

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

$35.9K ₩47.8M

$33.8K Ft 10.9M

6.28%

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

$213 ₩283.8K

$171 Ft 55.3K

24.73%

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

$44.15 ₩58.7K

$23.51 Ft 7,596

87.79%

Internet (50+ Mbps, Unlimited Data)

$20.62 ₩27.4K

$23.29 Ft 7,526

-11.46%

Gym Membership (Monthly)

$70.7 ₩93.9K

$67.5 Ft 21.8K

4.63%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$11.36 ₩15.1K

$9.30 Ft 3,004

22.15%

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

$303 ₩403.1K

$533 Ft 172.3K

-43.16%

International Primary School, 1 Child (Yearly)

$17.7K ₩23.5M

$16.8K Ft 5.4M

5.59%

Jeans (Levis 501 Or Similar)

$66.7 ₩88.7K

$99.6 Ft 32.2K

-33.06%

Summer Dress (H&M, Zara, etc)

$64.2 ₩85.3K

$43.49 Ft 14.0K

47.51%

Sport Shoes (Adidas, Nike)

$74.1 ₩98.5K

$110 Ft 35.7K

-32.89%

Men's Leather Business Shoes

$98.6 ₩131.1K

$119 Ft 38.4K

-17.12%

1-bedroom Apartment, City Center (Monthly)

$296 ₩393.1K

$830 Ft 268.3K

-64.40%

1-bedroom Apartment, Outside City Center (Monthly)

$244 ₩324.3K

$622 Ft 200.9K

-60.78%

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)

$1,930 ₩2.6M

$1,651 Ft 533.4K

16.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

6.45

-36.43%

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

Last update for Gimcheon: October 11, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Groceries & Markets

Gimcheon

$408 * 30.9%

Budapest

$258 15.9% 36.8% $150

Monthly Utilities & Internet

Gimcheon

$278 21.1%

Budapest

$218 13.5% 21.7% $60

Accommodation & Living

Gimcheon

$244 18.5%

Budapest

$622 38.4% 155% $378

Eating Out

Gimcheon

$149 11.3%

Budapest

$223 13.8% 49.9% $74

Clothing & Footwear

Gimcheon

$137 10.4%

Budapest

$168 10.4% 22.7% $31

Sport & Entertainment

Gimcheon

$93 7.1%

Budapest

$86 5.3% 7.8% $7.3

Getting Around

Gimcheon

$10 * 0.8%

Budapest

$44 2.7% 328% $34

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

Cost Breakdown

A central one-bedroom costs $296 in Gimcheon versus $830 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 17% higher in Gimcheon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $34.00 in Gimcheon versus $61.0 in Budapest. Groceries tell a different story – $408 in Gimcheon vs $258 in Budapest – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Gimcheon

🇭🇺 Budapest

🕒 Local time

03:47 3:47 AM

20:47 8:47 PM

7 h behind Gimcheon

🌤 Weather

👥 Population

143,056

1,686,222 Capital

💱 Currency

South Korean Won KRW ₩

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

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).

USD to KRW in detail →

On the map

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Between locations

Gimcheon Budapest 8,350 km ≈ 11 h nonstop flight

From you

Gimcheon
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

Gimcheon vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 23%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,979 per month in Gimcheon and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $34.00 in Gimcheon and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 58% cheaper in Budapest – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Gimcheon, where all-in costs run around $1,319, than in Budapest at $1,619. In Gimcheon it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Gimcheon – 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 Gimcheon. 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.