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 $1,465 per month in Herceg Novi vs $1,463 in Budapest, rent included.

A couple spends around $2,156 per month in Herceg Novi vs $2,209 in Budapest, rent included.

A family of three spends $2,848 per month in Herceg Novi vs $2,955 in Budapest, rent included.

Herceg Novi and Budapest have comparable living costs – the differences are in the details.

Both Herceg Novi and Budapest sit above the global median – Herceg Novi by 10%, Budapest by 10%.

Meal at Budget Restaurant

$11.53 €10.07

$11.48 Ft 3,611

0.44%

Three-Course Dinner for Two, Mid-Range

$37.39 €32.67

$56.4 Ft 17.8K

-33.75%

Fast Food Meal (McDonalds, etc)

$10.47 €9.15

$8.73 Ft 2,747

19.93%

Cappuccino

$2.61 €2.28

$2.85 Ft 896

-8.42%

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

$2.82 €2.46

$1.74 Ft 546

62.07%

Water (0.33 liter bottle)

$1.94 €1.70

$1.31 Ft 412

48.09%

Local Beer (0.5 liter draught)

$2.93 €2.56

$2.80 Ft 879

4.64%

Imported Beer (0.33 liter bottle)

$2.98 €2.60

$2.93 Ft 922

1.71%

Milk (1 liter)

$1.39 €1.21

$1.27 Ft 399

9.45%

White Bread (500g)

$0.93 €0.81

$1.75 Ft 550

-46.86%

Rice (white) (1kg)

$2.53 €2.21

$2.11 Ft 665

19.91%

Eggs

$3.18 €2.78

$3.16 Ft 994

0.63%

Local Cheese (1kg)

$8.94 €7.81

$9.91 Ft 3,116

-9.79%

Chicken Fillets (1kg)

$7.63 €6.66

$6.32 Ft 1,987

20.73%

Beef Round Steak (1kg)

$11.69 €10.21

$13.58 Ft 4,272

-13.92%

Apples (1kg)

$1.32 €1.16

$1.91 Ft 600

-30.89%

Banana (1kg)

$1.69 €1.48

$2.00 Ft 629

-15.50%

Oranges (1kg)

$1.63 €1.43

$2.15 Ft 677

-24.19%

Tomato (1kg)

$3.00 €2.62

$3.59 Ft 1,129

-16.43%

Potato (1kg)

$1.09 €0.95

$1.12 Ft 353

-2.68%

Onion (1kg)

$1.40 €1.23

$1.21 Ft 379

15.70%

Lettuce (1 head)

$1.55 €1.36

$1.54 Ft 485

0.65%

Water (1.5 liter bottle)

$0.82 €0.71

$0.55 Ft 172

49.09%

Cigarettes 20 Pack (Marlboro, Camel)

$3.66 €3.20

$6.79 Ft 2,136

-46.10%

Wine (Bottle)

$4.66 €4.07

$5.78 Ft 1,818

-19.38%

Local Beer (0.5 liter bottle)

$1.23 €1.08

$1.20 Ft 377

2.50%

Imported Beer (0.33 liter bottle)

$1.77 €1.55

$1.65 Ft 519

7.27%

One-way Ticket (Public Transport)

$1.15 €1.00

$1.27 Ft 400

-9.45%

Public Transport Monthly Pass (Regular Price)

$58.1 €50.7

$25.94 Ft 8,161

123.86%

Taxi Start (Normal Tariff)

$2.28 €1.99

$3.26 Ft 1,024

-30.06%

Taxi (Normal Tariff) (1km)

$0.74 €0.65

$1.12 Ft 353

-33.93%

Taxi 1hour Waiting (Normal Tariff)

$17.59 €15.37

$19.21 Ft 6,043

-8.43%

Gasoline (1 liter)

$1.79 €1.56

$1.76 Ft 555

1.70%

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

$34.1K €29.8K

$26.3K Ft 8.3M

29.75%

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

$22.1K €19.3K

$30.7K Ft 9.6M

-27.85%

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

$139 €121

$144 Ft 45.2K

-3.31%

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

$16.73 €14.61

$26.33 Ft 8,282

-36.46%

Internet (50+ Mbps, Unlimited Data)

$31.83 €27.81

$20.06 Ft 6,310

58.67%

Gym Membership (Monthly)

$58.0 €50.6

$63.2 Ft 19.9K

-8.32%

Tennis Court (1 Hour on Weekend)

$11.58 €10.12

$21.87 Ft 6,878

-47.05%

Cinema Ticket

$8.24 €7.20

$8.90 Ft 2,800

-7.42%

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

$521 €455

$450 Ft 141.6K

15.70%

International Primary School, 1 Child (Yearly)

$7,796 €6,812

$12.1K Ft 3.8M

-35.71%

Jeans (Levis 501 Or Similar)

$87.2 €76.2

$84.6 Ft 26.6K

3.10%

Summer Dress (H&M, Zara, etc)

$35.17 €30.73

$42.60 Ft 13.4K

-17.44%

Sport Shoes (Adidas, Nike)

$75.7 €66.1

$98.2 Ft 30.9K

-22.94%

Men's Leather Business Shoes

$96.4 €84.3

$104 Ft 32.6K

-6.83%

1-bedroom Apartment, City Center (Monthly)

$741 €648

$715 Ft 224.9K

3.66%

1-bedroom Apartment, Outside City Center (Monthly)

$564 €493

$560 Ft 176.2K

0.64%

3-bedroom Apartment, City Center (Monthly)

$1,392 €1,216

$1,339 Ft 421.1K

3.97%

3-bedroom Apartment, Outside City Center (Monthly)

$974 €851

$971 Ft 305.4K

0.35%

Buy Apartment in City Center (m2)

$3,656 €3,194

$6,062 Ft 1.9M

-39.69%

Buy Apartment Outside City Center (m2)

$2,513 €2,195

$4,298 Ft 1.4M

-41.54%

Average Monthly Net Salary (After Tax)

$1,059 €925

$1,751 Ft 550.8K

-39.50%

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: July 11, 2026

Last update for Budapest: July 13, 2026

Cost Breakdown

A central one-bedroom costs $741 in Herceg Novi versus $715 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 65% higher in Budapest. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Herceg Novi versus $56.0 in Budapest. Monthly groceries follow the same trend: $225 vs $241 – 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

For a comfortable life, plan on about $2,197 per month in Herceg Novi and $2,194 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Budapest, 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 $37.00 in Herceg Novi and $56.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 124% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Budapest, where all-in costs run around $1,463, than in Herceg Novi at $1,465. In Budapest it covers expenses comfortably, while in Herceg Novi it requires careful planning or may not stretch far enough.

Families tend to lean toward Budapest – 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 Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Herceg Novi makes more sense. Both are solid long-term options with distinct trade-offs.