Cost of Living Comparison Between Herceg Novi and Budapest Cost of Living Comparison Between Herceg Novi and Budapest

Monthly Cost of Living

A single person spends $1,433 per month in Herceg Novi vs $1,450 in Budapest, rent included.

A couple spends around $2,138 per month in Herceg Novi vs $2,221 in Budapest, rent included.

A family of three spends $2,842 per month in Herceg Novi vs $2,991 in Budapest, rent included.

Herceg Novi is about 1% cheaper than Budapest, driven mainly by Getting Around.

Both Herceg Novi and Budapest sit above the global median – Herceg Novi by 7%, Budapest by 8%.

Meal at Budget Restaurant

$11.79 €10.14

$11.49 Ft 3,504

2.61%

Three-Course Dinner for Two, Mid-Range

$37.10 €31.92

$56.8 Ft 17.3K

-34.72%

Fast Food Meal (McDonalds, etc)

$10.30 €8.86

$8.66 Ft 2,641

18.94%

Cappuccino

$2.63 €2.26

$2.77 Ft 844

-5.05%

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

$2.83 €2.44

$1.80 Ft 548

57.22%

Water (0.33 liter bottle)

$1.93 €1.66

$1.33 Ft 407

45.11%

Local Beer (0.5 liter draught)

$2.95 €2.53

$2.81 Ft 858

4.98%

Imported Beer (0.33 liter bottle)

$2.95 €2.54

$2.79 Ft 852

5.73%

Milk (1 liter)

$1.41 €1.21

$1.21 Ft 368

16.53%

White Bread (500g)

$0.91 €0.79

$1.74 Ft 529

-47.70%

Rice (white) (1kg)

$2.61 €2.24

$2.08 Ft 636

25.48%

Eggs

$3.23 €2.78

$3.10 Ft 947

4.19%

Local Cheese (1kg)

$8.90 €7.66

$9.95 Ft 3,034

-10.55%

Chicken Fillets (1kg)

$7.71 €6.64

$6.33 Ft 1,930

21.80%

Beef Round Steak (1kg)

$11.74 €10.10

$13.33 Ft 4,066

-11.93%

Apples (1kg)

$1.27 €1.09

$1.85 Ft 565

-31.35%

Banana (1kg)

$1.68 €1.45

$1.91 Ft 582

-12.04%

Oranges (1kg)

$1.64 €1.41

$2.17 Ft 662

-24.42%

Tomato (1kg)

$3.04 €2.62

$3.67 Ft 1,119

-17.17%

Potato (1kg)

$1.14 €0.98

$1.13 Ft 344

0.88%

Onion (1kg)

$1.41 €1.21

$1.22 Ft 371

15.57%

Lettuce (1 head)

$1.52 €1.31

$1.55 Ft 472

-1.94%

Water (1.5 liter bottle)

$0.76 €0.66

$0.53 Ft 163

43.40%

Cigarettes 20 Pack (Marlboro, Camel)

$3.85 €3.31

$6.79 Ft 2,072

-43.30%

Wine (Bottle)

$4.57 €3.93

$5.87 Ft 1,790

-22.15%

Local Beer (0.5 liter bottle)

$1.25 €1.08

$1.22 Ft 371

2.46%

Imported Beer (0.33 liter bottle)

$1.72 €1.48

$1.73 Ft 527

-0.58%

One-way Ticket (Public Transport)

$1.19 €1.03

$1.28 Ft 391

-7.03%

Public Transport Monthly Pass (Regular Price)

$58.2 €50.1

$26.14 Ft 7,972

122.65%

Taxi Start (Normal Tariff)

$2.38 €2.04

$3.26 Ft 994

-26.99%

Taxi (Normal Tariff) (1km)

$0.70 €0.60

$1.13 Ft 344

-38.05%

Taxi 1hour Waiting (Normal Tariff)

$17.51 €15.06

$19.23 Ft 5,865

-8.94%

Gasoline (1 liter)

$1.77 €1.53

$1.75 Ft 533

1.14%

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

$32.9K €28.3K

$25.9K Ft 7.9M

27.13%

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

$22.3K €19.2K

$30.8K Ft 9.4M

-27.48%

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

$138 €119

$145 Ft 44.3K

-5.09%

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

$16.74 €14.40

$26.21 Ft 7,995

-36.13%

Internet (50+ Mbps, Unlimited Data)

$31.48 €27.08

$20.23 Ft 6,170

55.61%

Gym Membership (Monthly)

$58.5 €50.3

$62.1 Ft 18.9K

-5.83%

Tennis Court (1 Hour on Weekend)

$11.53 €9.92

$22.11 Ft 6,744

-47.85%

Cinema Ticket

$7.94 €6.83

$9.15 Ft 2,791

-13.22%

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

$515 €443

$454 Ft 138.4K

13.59%

International Primary School, 1 Child (Yearly)

$7,897 €6,793

$12.1K Ft 3.7M

-34.74%

Jeans (Levis 501 Or Similar)

$85.6 €73.7

$84.6 Ft 25.8K

1.22%

Summer Dress (H&M, Zara, etc)

$34.95 €30.07

$41.84 Ft 12.8K

-16.47%

Sport Shoes (Adidas, Nike)

$76.1 €65.4

$95.9 Ft 29.2K

-20.66%

Men's Leather Business Shoes

$97.5 €83.9

$107 Ft 32.5K

-8.61%

1-bedroom Apartment, City Center (Monthly)

$760 €653

$719 Ft 219.2K

5.67%

1-bedroom Apartment, Outside City Center (Monthly)

$550 €473

$553 Ft 168.6K

-0.45%

3-bedroom Apartment, City Center (Monthly)

$1,385 €1,192

$1,356 Ft 413.4K

2.19%

3-bedroom Apartment, Outside City Center (Monthly)

$993 €854

$984 Ft 300.0K

0.91%

Buy Apartment in City Center (m2)

$3,821 €3,287

$6,041 Ft 1.8M

-36.75%

Buy Apartment Outside City Center (m2)

$2,603 €2,239

$4,470 Ft 1.4M

-41.76%

Average Monthly Net Salary (After Tax)

$1,082 €931

$1,834 Ft 559.4K

-40.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.03

-28.88%

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

Last update for Herceg Novi: June 1, 2026

Last update for Budapest: June 1, 2026

Cost Breakdown

A central one-bedroom costs $760 in Herceg Novi versus $719 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 69% 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 $37.00 in Herceg Novi versus $57.0 in Budapest. Monthly groceries follow the same trend: $226 vs $239 – making Herceg Novi the more affordable choice for daily food spending.

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

Herceg Novi vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 1%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,150 per month in Herceg Novi and $2,175 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 123% less in Herceg Novi. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $515 per month in Herceg Novi and $454 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Herceg Novi, where all-in costs run around $1,433, than in Budapest at $1,450. In Herceg Novi it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Herceg Novi – 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 Herceg Novi. 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.