Last update: Oct 2026

Cost of Living Comparison Between Gyeonggi and Budapest

For one person, living is cheaper in Gyeonggi: $1,072 a month against $1,619 in Budapest, rent and utilities included – about $6,600 less a year. Other living expenses account for most of the difference.

71

Cost of Living Index in Gyeonggi
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Gyeonggi Living Index
79

Cost of Living Index in Budapest
Learn more

Budapest Living Index

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Gyeonggi

🇰🇷 South Korea

$1,072

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $1,072 per month in Gyeonggi vs $1,619 in Budapest, rent included.

Gyeonggi $1,072
Budapest $1,619

A couple spends around $2,079 per month in Gyeonggi vs $2,524 in Budapest, rent included.

Gyeonggi $2,079
Budapest $2,524

A family of three spends $3,085 per month in Gyeonggi vs $3,429 in Budapest, rent included.

Gyeonggi $3,085
Budapest $3,429

Gyeonggi is about 34% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Gyeonggi sits 21% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.53 ₩10.0K

$13.94 Ft 4,503

-45.98%

Three-Course Dinner for Two, Mid-Range

$60.6 ₩80.6K

$61.2 Ft 19.8K

-1.00%

Fast Food Meal (McDonalds, etc)

$6.00 ₩7,975

$10.19 Ft 3,291

-41.12%

Cappuccino

$3.90 ₩5,180

$3.26 Ft 1,055

19.63%

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

$1.22 ₩1,625

$2.14 Ft 690

-42.99%

Water (0.33 liter bottle)

$0.68 ₩903

$1.78 Ft 577

-61.80%

Local Beer (0.5 liter draught)

$3.47 ₩4,610

$3.71 Ft 1,198

-6.47%

Imported Beer (0.33 liter bottle)

$2.93 ₩3,890

$3.77 Ft 1,217

-22.28%

Milk (1 liter)

$1.76 ₩2,334

$1.15 Ft 371

53.04%

White Bread (500g)

$1.79 Ft 578

Rice (white) (1kg)

$2.49 Ft 804

Eggs

$3.90 Ft 1,261

Local Cheese (1kg)

$11.10 Ft 3,587

Chicken Fillets (1kg)

$6.62 Ft 2,139

Beef Round Steak (1kg)

$14.69 Ft 4,745

Apples (1kg)

$11.17 ₩14.9K

$1.83 Ft 591

510.38%

Banana (1kg)

$3.82 ₩5,084

$2.05 Ft 661

86.34%

Oranges (1kg)

$7.70 ₩10.2K

$2.37 Ft 765

224.89%

Tomato (1kg)

$3.90 Ft 1,260

Potato (1kg)

$0.99 Ft 320

Onion (1kg)

$1.00 Ft 322

Lettuce (1 head)

$1.58 Ft 511

Water (1.5 liter bottle)

$0.67 Ft 216

Cigarettes 20 Pack (Marlboro, Camel)

$7.96 Ft 2,572

Wine (Bottle)

$6.22 Ft 2,009

Local Beer (0.5 liter bottle)

$1.27 Ft 411

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

One-way Ticket (Public Transport)

$1.52 Ft 490

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$3.07 ₩4,087

$3.31 Ft 1,070

-7.25%

Taxi (Normal Tariff) (1km)

$0.58 ₩775

$1.37 Ft 442

-57.66%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

Gasoline (1 liter)

$1.46 ₩1,945

$1.82 Ft 589

-19.78%

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

$29.8K Ft 9.6M

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

$33.8K Ft 10.9M

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

$186 ₩247.8K

$171 Ft 55.3K

8.91%

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

$40.40 ₩53.7K

$23.51 Ft 7,596

71.84%

Internet (50+ Mbps, Unlimited Data)

$21.83 ₩29.0K

$23.29 Ft 7,526

-6.27%

Gym Membership (Monthly)

$56.3 ₩74.9K

$67.5 Ft 21.8K

-16.59%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$10.32 ₩13.7K

$9.30 Ft 3,004

10.97%

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

$533 Ft 172.3K

International Primary School, 1 Child (Yearly)

$16.8K Ft 5.4M

Jeans (Levis 501 Or Similar)

$58.9 ₩78.4K

$99.6 Ft 32.2K

-40.84%

Summer Dress (H&M, Zara, etc)

$42.06 ₩55.9K

$43.49 Ft 14.0K

-3.29%

Sport Shoes (Adidas, Nike)

$86.3 ₩114.8K

$110 Ft 35.7K

-21.77%

Men's Leather Business Shoes

$119 Ft 38.4K

1-bedroom Apartment, City Center (Monthly)

$532 ₩707.0K

$830 Ft 268.3K

-35.97%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₩496.5K

$622 Ft 200.9K

-39.96%

3-bedroom Apartment, City Center (Monthly)

$2,102 ₩2.8M

$1,594 Ft 514.9K

31.93%

3-bedroom Apartment, Outside City Center (Monthly)

$1,503 ₩2.0M

$1,170 Ft 378.1K

28.40%

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)

$2,244 ₩3.0M

$1,651 Ft 533.4K

35.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

6.45

-45.74%

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

Last update for Gyeonggi: October 12, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Gyeonggi

$373 34.8%

Budapest

$622 38.4% 66.5% $249

Monthly Utilities & Internet

Gyeonggi

$249 23.2%

Budapest

$218 13.5% 12.3% $31

Eating Out

Gyeonggi

$156 14.5%

Budapest

$223 13.8% 43.1% $67

Groceries & Markets

Gyeonggi

$127 * 11.9%

Budapest

$258 15.9% 103% $131

Clothing & Footwear

Gyeonggi

$84 * 7.9%

Budapest

$168 10.4% 98.8% $83

Sport & Entertainment

Gyeonggi

$77 7.2%

Budapest

$86 5.3% 11.9% $9.2

Getting Around

Gyeonggi

$6 * 0.6%

Budapest

$44 2.7% 639% $38

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

Cost Breakdown

A central one-bedroom costs $532 in Gyeonggi 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 36% higher in Gyeonggi, 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 $61.0 in Gyeonggi versus $61.0 in Budapest. Monthly groceries follow the same trend: $127 vs $258 – making Gyeonggi the more affordable choice for daily food spending.

Good to know

🇰🇷 Gyeonggi

🇭🇺 Budapest

🕒 Local time

03:08 3:08 AM

20:08 8:08 PM

7 h behind Gyeonggi

🌤 Weather

👥 Population

1,234,582

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

Gyeonggi Budapest 8,200 km ≈ 11 h nonstop flight

From you

Gyeonggi
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

Gyeonggi vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 51%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,608 per month in Gyeonggi 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 Gyeonggi, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 103% 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 mid-range dinner for two costs $61.0 in Gyeonggi and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Gyeonggi, where all-in costs run around $1,072, than in Budapest at $1,619. In Gyeonggi it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Gyeonggi – 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 Gyeonggi. 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.