Last update: Oct 2026

Cost of Living Comparison Between Grenada and Budapest

For one person, living is cheaper in Grenada: $1,408 a month against $1,621 in Budapest, rent and utilities included – about $2,600 less a year. The total is higher in Budapest despite lower rent and utilities.

66

Cost of Living Index in Grenada
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Grenada Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Grenada

🇬🇩 Grenada

$1,408

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $1,408 per month in Grenada vs $1,621 in Budapest, rent included.

Grenada $1,408
Budapest $1,621

A couple spends around $2,005 per month in Grenada vs $2,555 in Budapest, rent included.

Grenada $2,005
Budapest $2,555

A family of three spends $2,602 per month in Grenada vs $3,489 in Budapest, rent included.

Grenada $2,602
Budapest $3,489

Grenada is about 13% cheaper than Budapest, and outside of rent the biggest gap is in clothing.

Both Grenada and Budapest sit above the global median – Grenada by 5%, Budapest by 21%.

Meal at Budget Restaurant

$11.86 EC$32.03

$13.99 Ft 4,551

-15.23%

Three-Course Dinner for Two, Mid-Range

$45.06 EC$122

$60.3 Ft 19.6K

-25.32%

Fast Food Meal (McDonalds, etc)

$8.42 EC$22.75

$9.96 Ft 3,241

-15.46%

Cappuccino

$2.75 EC$7.42

$3.38 Ft 1,100

-18.64%

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

$2.03 EC$5.47

$2.13 Ft 692

-4.69%

Water (0.33 liter bottle)

$1.52 EC$4.10

$1.87 Ft 608

-18.72%

Local Beer (0.5 liter draught)

$1.81 EC$4.87

$3.75 Ft 1,221

-51.73%

Imported Beer (0.33 liter bottle)

$3.73 EC$10.07

$3.57 Ft 1,162

4.48%

Milk (1 liter)

$4.32 EC$11.65

$1.13 Ft 368

282.30%

White Bread (500g)

$1.80 EC$4.87

$1.84 Ft 599

-2.17%

Rice (white) (1kg)

$1.86 EC$5.01

$2.39 Ft 777

-22.18%

Eggs

$4.18 EC$11.28

$3.83 Ft 1,245

9.14%

Local Cheese (1kg)

$11.33 Ft 3,686

Chicken Fillets (1kg)

$6.74 Ft 2,192

Beef Round Steak (1kg)

$19.32 EC$52.2

$14.69 Ft 4,780

31.52%

Apples (1kg)

$1.84 Ft 597

Banana (1kg)

$2.01 Ft 653

Oranges (1kg)

$2.36 Ft 767

Tomato (1kg)

$3.77 Ft 1,226

Potato (1kg)

$7.93 EC$21.42

$0.96 Ft 313

726.04%

Onion (1kg)

$1.03 Ft 334

Lettuce (1 head)

$1.84 EC$4.97

$1.56 Ft 509

17.95%

Water (1.5 liter bottle)

$3.66 EC$9.89

$0.66 Ft 216

454.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.38 EC$14.54

$7.96 Ft 2,591

-32.41%

Wine (Bottle)

$11.08 EC$29.93

$6.01 Ft 1,954

84.36%

Local Beer (0.5 liter bottle)

$1.44 EC$3.88

$1.30 Ft 421

10.77%

Imported Beer (0.33 liter bottle)

$3.03 EC$8.19

$2.08 Ft 676

45.67%

One-way Ticket (Public Transport)

$1.52 EC$4.10

$1.50 Ft 489

1.33%

Public Transport Monthly Pass (Regular Price)

$47.61 EC$129

$27.61 Ft 8,982

72.44%

Taxi Start (Normal Tariff)

$6.68 EC$18.04

$3.30 Ft 1,074

102.42%

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

Taxi 1hour Waiting (Normal Tariff)

$9.01 EC$24.33

$19.78 Ft 6,436

-54.45%

Gasoline (1 liter)

$1.39 EC$3.76

$1.81 Ft 591

-23.20%

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)

$16.9K EC$45.6K

$34.1K Ft 11.1M

-50.45%

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

$200 EC$539

$170 Ft 55.3K

17.46%

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

$44.37 EC$120

$23.98 Ft 7,802

85.03%

Internet (50+ Mbps, Unlimited Data)

$48.32 EC$130

$23.42 Ft 7,621

106.32%

Gym Membership (Monthly)

$34.07 EC$92.0

$66.2 Ft 21.6K

-48.57%

Tennis Court (1 Hour on Weekend)

$17.14 EC$46.27

$19.18 Ft 6,239

-10.64%

Cinema Ticket

$9.22 EC$24.90

$9.52 Ft 3,098

-3.15%

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)

$685 EC$1,849

$805 Ft 262.0K

-14.94%

1-bedroom Apartment, Outside City Center (Monthly)

$549 EC$1,481

$629 Ft 204.7K

-12.80%

3-bedroom Apartment, City Center (Monthly)

$1,159 EC$3,130

$1,549 Ft 504.1K

-25.19%

3-bedroom Apartment, Outside City Center (Monthly)

$913 EC$2,465

$1,167 Ft 379.7K

-21.79%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

Average Monthly Net Salary (After Tax)

$438 EC$1,182

$1,626 Ft 529.0K

-73.06%

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 Grenada: 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

Grenada

$549 39.4%

Budapest

$629 38.7% 14.7% $81

Monthly Utilities & Internet

Grenada

$292 21%

Budapest

$217 13.4% 25.6% $75

Groceries & Markets

Grenada

$254 * 18.2%

Budapest

$258 15.8% 1.5% $3.8

Eating Out

Grenada

$184 13.2%

Budapest

$224 13.8% 22% $40

Getting Around

Grenada

$60 * 4.3%

Budapest

$43 2.7% 28.1% $17

Sport & Entertainment

Grenada

$53 3.8%

Budapest

$85 5.2% 62.4% $33

Clothing & Footwear

Grenada

- * 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 $685 in Grenada 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 271% 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 $45.00 in Grenada versus $60.0 in Budapest. Monthly groceries follow the same trend: $254 vs $258 – making Grenada the more affordable choice for daily food spending.

Good to know

🇬🇩 Grenada

🇭🇺 Budapest

🕒 Local time

22:21 10:21 PM

04:21 4:21 AM

6 h ahead of Grenada

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

East Caribbean Dollar XCD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 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 10, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 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 XCD in detail →

On the map

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Between locations

Grenada Budapest 8,320 km ≈ 11 h nonstop flight

From you

Grenada
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

Grenada vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 15%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,112 per month in Grenada 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 Grenada, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 72% less in Grenada. For daily commuters, that gap adds up to noticeable savings over a year.

Groceries cost about 2% 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 $2,000 monthly budget goes further in Grenada, where all-in costs run around $1,408, than in Budapest at $1,621. In Grenada it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Grenada – 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 Grenada. 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.