Last update: Oct 2026

Cost of Living Comparison Between Ierapetra and Budapest

For one person, living is cheaper in Ierapetra: $1,423 a month against $1,641 in Budapest, rent and utilities included – about $2,600 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

68

Cost of Living Index in Ierapetra
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Ierapetra Living Index
80

Cost of Living Index in Budapest
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Budapest Living Index

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Ierapetra

🇬🇷 Greece

$1,423

/mo nomad

Budapest

🇭🇺 Hungary

$1,641

/mo nomad

Monthly Cost of Living

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

A single person spends $1,423 per month in Ierapetra vs $1,641 in Budapest, rent included.

Ierapetra $1,423
Budapest $1,641

A couple spends around $2,170 per month in Ierapetra vs $2,562 in Budapest, rent included.

Ierapetra $2,170
Budapest $2,562

A family of three spends $2,916 per month in Ierapetra vs $3,483 in Budapest, rent included.

Ierapetra $2,916
Budapest $3,483

Ierapetra is about 13% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$16.78 €14.92

$14.04 Ft 4,536

19.52%

Three-Course Dinner for Two, Mid-Range

$55.0 €48.88

$60.9 Ft 19.7K

-9.81%

Fast Food Meal (McDonalds, etc)

$11.05 €9.83

$10.37 Ft 3,351

6.56%

Cappuccino

$3.89 €3.46

$3.46 Ft 1,117

12.43%

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

$2.16 €1.92

$2.07 Ft 669

4.35%

Water (0.33 liter bottle)

$0.59 €0.52

$1.77 Ft 572

-66.67%

Local Beer (0.5 liter draught)

$4.35 €3.87

$3.69 Ft 1,191

17.89%

Imported Beer (0.33 liter bottle)

$4.76 €4.24

$3.80 Ft 1,229

25.26%

Milk (1 liter)

$1.15 €1.02

$1.16 Ft 374

-0.86%

White Bread (500g)

$1.10 €0.98

$1.85 Ft 598

-40.54%

Rice (white) (1kg)

$3.26 €2.90

$2.40 Ft 776

35.83%

Eggs

$4.56 €4.06

$3.99 Ft 1,289

14.29%

Local Cheese (1kg)

$16.90 €15.03

$11.40 Ft 3,683

48.25%

Chicken Fillets (1kg)

$9.67 €8.60

$6.87 Ft 2,221

40.76%

Beef Round Steak (1kg)

$14.64 €13.02

$14.49 Ft 4,682

1.04%

Apples (1kg)

$2.20 €1.96

$1.88 Ft 607

17.02%

Banana (1kg)

$2.12 €1.89

$2.14 Ft 693

-0.93%

Oranges (1kg)

$1.11 €0.98

$2.30 Ft 744

-51.74%

Tomato (1kg)

$1.14 €1.01

$4.04 Ft 1,304

-71.78%

Potato (1kg)

$1.10 €0.98

$1.02 Ft 329

7.84%

Onion (1kg)

$1.01 €0.90

$0.99 Ft 320

2.02%

Lettuce (1 head)

$1.19 €1.06

$1.58 Ft 510

-24.68%

Water (1.5 liter bottle)

$0.80 €0.71

$0.70 Ft 225

14.29%

Cigarettes 20 Pack (Marlboro, Camel)

$5.43 €4.83

$8.03 Ft 2,594

-32.38%

Wine (Bottle)

$9.13 €8.12

$6.18 Ft 1,997

47.73%

Local Beer (0.5 liter bottle)

$1.41 €1.25

$1.24 Ft 401

13.71%

Imported Beer (0.33 liter bottle)

$1.11 €0.99

$2.06 Ft 666

-46.12%

One-way Ticket (Public Transport)

$1.31 €1.16

$1.59 Ft 513

-17.61%

Public Transport Monthly Pass (Regular Price)

$44.59 €39.67

$27.52 Ft 8,893

62.03%

Taxi Start (Normal Tariff)

$3.92 €3.49

$3.43 Ft 1,110

14.29%

Taxi (Normal Tariff) (1km)

$2.30 €2.05

$1.33 Ft 431

72.93%

Taxi 1hour Waiting (Normal Tariff)

$16.65 €14.81

$20.45 Ft 6,607

-18.58%

Gasoline (1 liter)

$2.13 €1.89

$1.93 Ft 624

10.36%

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

$32.8K €29.2K

$29.1K Ft 9.4M

12.48%

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

$24.7K €22.0K

$34.7K Ft 11.2M

-28.75%

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

$151 €134

$175 Ft 56.4K

-13.60%

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

$18.01 €16.02

$23.62 Ft 7,631

-23.75%

Internet (50+ Mbps, Unlimited Data)

$33.14 €29.48

$23.60 Ft 7,625

40.42%

Gym Membership (Monthly)

$50.2 €44.62

$68.8 Ft 22.2K

-27.14%

Tennis Court (1 Hour on Weekend)

$19.50 €17.35

$19.26 Ft 6,224

1.25%

Cinema Ticket

$9.11 €8.10

$10.31 Ft 3,333

-11.64%

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

$471 €419

$535 Ft 172.9K

-12.03%

International Primary School, 1 Child (Yearly)

$6,642 €5,908

$16.8K Ft 5.4M

-60.56%

Jeans (Levis 501 Or Similar)

$74.2 €66.0

$99.9 Ft 32.3K

-25.66%

Summer Dress (H&M, Zara, etc)

$30.62 €27.24

$43.27 Ft 14.0K

-29.24%

Sport Shoes (Adidas, Nike)

$104 €92.3

$112 Ft 36.1K

-7.09%

Men's Leather Business Shoes

$129 €114

$119 Ft 38.4K

8.07%

1-bedroom Apartment, City Center (Monthly)

$479 €426

$832 Ft 268.8K

-42.39%

1-bedroom Apartment, Outside City Center (Monthly)

$401 €357

$629 Ft 203.3K

-36.20%

3-bedroom Apartment, City Center (Monthly)

$755 €672

$1,586 Ft 512.4K

-52.38%

3-bedroom Apartment, Outside City Center (Monthly)

$623 €554

$1,197 Ft 386.6K

-47.92%

Buy Apartment in City Center (m2)

$2,608 €2,319

$5,718 Ft 1.8M

-54.40%

Buy Apartment Outside City Center (m2)

$2,171 €1,931

$3,947 Ft 1.3M

-45.01%

Average Monthly Net Salary (After Tax)

$1,712 Ft 553.1K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

6.45

-29.77%

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

Last update for Ierapetra: October 19, 2026

Last update for Budapest: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Ierapetra

$401 28.2%

Budapest

$629 38.4% 56.8% $228

Groceries & Markets

Ierapetra

$278 19.5%

Budapest

$262 16% 5.8% $16

Eating Out

Ierapetra

$256 18%

Budapest

$226 13.8% 11.7% $30

Monthly Utilities & Internet

Ierapetra

$202 14.2%

Budapest

$222 13.5% 9.8% $20

Clothing & Footwear

Ierapetra

$152 10.7%

Budapest

$168 10.3% 10.8% $16

Sport & Entertainment

Ierapetra

$68 4.8%

Budapest

$89 5.5% 30.9% $21

Getting Around

Ierapetra

$65 4.6%

Budapest

$44 2.7% 32.6% $21

Cost Breakdown

A central one-bedroom costs $479 in Ierapetra versus $832 in Budapest. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $55.0 in Ierapetra versus $61.0 in Budapest. Groceries tell a different story – $278 in Ierapetra vs $262 in Budapest – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇬🇷 Ierapetra

🇭🇺 Budapest

🕒 Local time

21:39 9:39 PM

20:39 8:39 PM

1 h behind Ierapetra

🌤 Weather

👥 Population

12,355

1,686,222 Capital

💱 Currency

Euro EUR €

Hungarian Forint HUF Ft

📈 Exchange rate

1 EUR = 1.12 USD

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 24, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Hungarian Forint exchange rates as of October 24, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to EUR in detail →

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Between locations

Ierapetra Budapest 1,490 km ≈ 2 h 15 min nonstop flight

From you

Ierapetra
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

Ierapetra 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 eating out.

For a comfortable life, plan on about $2,135 per month in Ierapetra and $2,461 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 62% less in Ierapetra. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $471 per month in Ierapetra and $535 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Ierapetra, where all-in costs run around $1,423, than in Budapest at $1,641. In Ierapetra it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Ierapetra – 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 Ierapetra. 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.