Last update: Oct 2026

Cost of Living Comparison Between Gyeongju and Budapest

For one person, living is cheaper in Gyeongju: $1,228 a month against $1,619 in Budapest, rent and utilities included – about $4,700 less a year. Rent and utilities account for most of the difference.

Gyeongju
🇰🇷 South Korea
$1,228
/mo nomad
Budapest
🇭🇺 Hungary
$1,619
/mo nomad
Monthly Cost of Living

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

A single person spends $1,228 per month in Gyeongju vs $1,619 in Budapest, rent included.

  • Gyeongju $1,228
  • Budapest $1,619

A couple spends around $1,988 per month in Gyeongju vs $2,524 in Budapest, rent included.

  • Gyeongju $1,988
  • Budapest $2,524

A family of three spends $2,748 per month in Gyeongju vs $3,429 in Budapest, rent included.

  • Gyeongju $2,748
  • Budapest $3,429

Gyeongju is about 24% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Gyeongju sits 9% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Gyeongju
Budapest
Difference
Meal at Budget Restaurant
$7.61 ₩10.1K
$13.94 Ft 4,503
-45.41%
Three-Course Dinner for Two, Mid-Range
$48.01 ₩63.8K
$61.2 Ft 19.8K
-21.58%
Fast Food Meal (McDonalds, etc)
$6.51 ₩8,653
$10.19 Ft 3,291
-36.11%
Cappuccino
$3.02 ₩4,012
$3.26 Ft 1,055
-7.36%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 ₩1,457
$2.14 Ft 690
-48.60%
Water (0.33 liter bottle)
$0.35 ₩469
$1.78 Ft 577
-80.34%
Local Beer (0.5 liter draught)
$2.59 ₩3,442
$3.71 Ft 1,198
-30.19%
Imported Beer (0.33 liter bottle)
$4.34 ₩5,764
$3.77 Ft 1,217
15.12%
🛒 Groceries & Markets
Gyeongju
Budapest
Difference
Milk (1 liter)
$2.31 ₩3,073
$1.15 Ft 371
100.87%
White Bread (500g)
$2.47 ₩3,280
$1.79 Ft 578
37.99%
Rice (white) (1kg)
$3.13 ₩4,164
$2.49 Ft 804
25.70%
Eggs
$2.60 ₩3,451
$3.90 Ft 1,261
-33.33%
Local Cheese (1kg)
$11.06 ₩14.7K
$11.10 Ft 3,587
-0.36%
Chicken Fillets (1kg)
$10.33 ₩13.7K
$6.62 Ft 2,139
56.04%
Beef Round Steak (1kg)
$18.49 ₩24.6K
$14.69 Ft 4,745
25.87%
Apples (1kg)
$4.50 ₩5,985
$1.83 Ft 591
145.90%
Banana (1kg)
$2.57 ₩3,411
$2.05 Ft 661
25.37%
Oranges (1kg)
$3.82 ₩5,075
$2.37 Ft 765
61.18%
Tomato (1kg)
$3.67 ₩4,879
$3.90 Ft 1,260
-5.90%
Potato (1kg)
$2.56 ₩3,398
$0.99 Ft 320
158.59%
Onion (1kg)
$2.18 ₩2,897
$1.00 Ft 322
118.00%
Lettuce (1 head)
$2.19 ₩2,917
$1.58 Ft 511
38.61%
Water (1.5 liter bottle)
$1.33 ₩1,766
$0.67 Ft 216
98.51%
Cigarettes 20 Pack (Marlboro, Camel)
$3.44 ₩4,571
$7.96 Ft 2,572
-56.78%
Wine (Bottle)
$14.77 ₩19.6K
$6.22 Ft 2,009
137.46%
Local Beer (0.5 liter bottle)
$1.14 ₩1,515
$1.27 Ft 411
-10.24%
Imported Beer (0.33 liter bottle)
$2.22 ₩2,949
$2.03 Ft 654
9.36%
🚌 Getting Around
Gyeongju
Budapest
Difference
One-way Ticket (Public Transport)
$1.06 ₩1,409
$1.52 Ft 490
-30.26%
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)
$0.79 ₩1,046
$1.37 Ft 442
-42.34%
Taxi 1hour Waiting (Normal Tariff)
$16.57 ₩22.0K
$19.83 Ft 6,406
-16.44%
Gasoline (1 liter)
$1.02 ₩1,354
$1.82 Ft 589
-43.96%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.6K ₩39.3M
$29.8K Ft 9.6M
-0.81%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.0K ₩45.2M
$33.8K Ft 10.9M
0.61%
🧾 Monthly Utilities & Internet
Gyeongju
Budapest
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$80.6 ₩107.1K
$171 Ft 55.3K
-52.93%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$36.83 ₩49.0K
$23.51 Ft 7,596
56.66%
Internet (50+ Mbps, Unlimited Data)
$27.20 ₩36.2K
$23.29 Ft 7,526
16.79%
🎉 Sport & Entertainment
Gyeongju
Budapest
Difference
Gym Membership (Monthly)
$52.1 ₩69.3K
$67.5 Ft 21.8K
-22.82%
Tennis Court (1 Hour on Weekend)
$11.96 ₩15.9K
$18.89 Ft 6,104
-36.69%
Cinema Ticket
$11.04 ₩14.7K
$9.30 Ft 3,004
18.71%
🧸 Childcare & Education
Gyeongju
Budapest
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$639 ₩849.8K
$533 Ft 172.3K
19.85%
International Primary School, 1 Child (Yearly)
$22.2K ₩29.5M
$16.8K Ft 5.4M
32.41%
👕👟 Clothing & Footwear
Gyeongju
Budapest
Difference
Jeans (Levis 501 Or Similar)
$45.34 ₩60.3K
$99.6 Ft 32.2K
-54.48%
Summer Dress (H&M, Zara, etc)
$22.41 ₩29.8K
$43.49 Ft 14.0K
-48.47%
Sport Shoes (Adidas, Nike)
$91.7 ₩121.9K
$110 Ft 35.7K
-16.94%
Men's Leather Business Shoes
$128 ₩170.8K
$119 Ft 38.4K
7.98%
🏠 Accommodation & Living
Gyeongju
Budapest
Difference
1-bedroom Apartment, City Center (Monthly)
$478 ₩635.9K
$830 Ft 268.3K
-42.41%
1-bedroom Apartment, Outside City Center (Monthly)
$366 ₩486.7K
$622 Ft 200.9K
-41.14%
3-bedroom Apartment, City Center (Monthly)
$1,163 ₩1.5M
$1,594 Ft 514.9K
-27.04%
3-bedroom Apartment, Outside City Center (Monthly)
$732 ₩972.7K
$1,170 Ft 378.1K
-37.49%
Buy Apartment in City Center (m2)
$7,249 ₩9.6M
$5,832 Ft 1.9M
24.30%
Buy Apartment Outside City Center (m2)
$5,416 ₩7.2M
$3,889 Ft 1.3M
39.27%
💵 Salaries & Financials
Gyeongju
Budapest
Difference
Average Monthly Net Salary (After Tax)
$1,841 ₩2.4M
$1,651 Ft 533.4K
11.47%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.22
6.45
-34.57%

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

Last update for Gyeongju: 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
Gyeongju
$366
Budapest
$622 69.9% $256
Groceries & Markets
Gyeongju
$359
Budapest
$258 28.1% $101
Monthly Utilities & Internet
Gyeongju
$145
Budapest
$218 50.7% $73
Eating Out
Gyeongju
$144
Budapest
$223 54.8% $79
Clothing & Footwear
Gyeongju
$130
Budapest
$168 29.4% $38
Sport & Entertainment
Gyeongju
$74
Budapest
$86 16% $12
Getting Around
Gyeongju
$11 *
Budapest
$44 299% $33

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

Cost Breakdown

A central one-bedroom costs $478 in Gyeongju 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 11% higher in Gyeongju, 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 $48.00 in Gyeongju versus $61.0 in Budapest. Groceries tell a different story – $359 in Gyeongju vs $258 in Budapest – so Budapest wins on supermarket bills even if dining out costs more.

Good to know
🇰🇷 Gyeongju
🇭🇺 Budapest
🕒 Local time
07:43 7:43 AM
00:43 12:43 AM
7 h behind Gyeongju
🌤 Weather
👥 Population
258,156
1,686,222 Capital
💱 Currency
Exchange rates and currency converter

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

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).

On the map
Between locations
  • Gyeongju Budapest 8,440 km ≈ 11 h nonstop flight
From you
  • Gyeongju
  • 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
Gyeongju vs Budapest: Cost of Living - Frequently Asked Questions
Is Budapest cheaper than Gyeongju?
Yes – Budapest is pricier by about 32%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,843 per month in Gyeongju and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Gyeongju, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Gyeongju or in Budapest?
A mid-range dinner for two costs $48.00 in Gyeongju and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Gyeongju and in Budapest?
Interestingly, groceries are about 39% cheaper in Budapest – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $1,500 a realistic budget for living in Gyeongju or in Budapest?
A $1,500 monthly budget goes further in Gyeongju, where all-in costs run around $1,228, than in Budapest at $1,619. In Gyeongju it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.
Is Gyeongju or Budapest more family-friendly?
Families tend to lean toward Gyeongju – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Gyeongju or Budapest?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Gyeongju. 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.

Gyeongju vs other spots: cost of living compared

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