Last update: Oct 2026

Cost of Living Comparison Between Ipswich and Budapest

For one person, living is cheaper in Budapest: $1,619 a month against $2,037 in Ipswich, rent and utilities included – about $5,000 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Ipswich
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Ipswich Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Ipswich

🇦🇺 Australia

$2,037

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $2,037 per month in Ipswich vs $1,619 in Budapest, rent included.

Ipswich $2,037
Budapest $1,619

A couple spends around $2,901 per month in Ipswich vs $2,524 in Budapest, rent included.

Ipswich $2,901
Budapest $2,524

A family of three spends $3,766 per month in Ipswich vs $3,429 in Budapest, rent included.

Ipswich $3,766
Budapest $3,429

Ipswich costs about 26% more than Budapest, and outside of rent the biggest gap is in eating out.

Both Ipswich and Budapest sit above the global median – Ipswich by 51%, Budapest by 20%.

Meal at Budget Restaurant

$31.50 A$45.33

$13.94 Ft 4,503

125.97%

Three-Course Dinner for Two, Mid-Range

$74.1 A$107

$61.2 Ft 19.8K

21.07%

Fast Food Meal (McDonalds, etc)

$9.98 A$14.36

$10.19 Ft 3,291

-2.06%

Cappuccino

$4.54 A$6.53

$3.26 Ft 1,055

39.26%

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

$3.92 A$5.64

$2.14 Ft 690

83.18%

Water (0.33 liter bottle)

$2.50 A$3.60

$1.78 Ft 577

40.45%

Local Beer (0.5 liter draught)

$9.04 A$13.01

$3.71 Ft 1,198

143.67%

Imported Beer (0.33 liter bottle)

$7.61 A$10.94

$3.77 Ft 1,217

101.86%

Milk (1 liter)

$2.42 A$3.48

$1.15 Ft 371

110.43%

White Bread (500g)

$2.37 A$3.41

$1.79 Ft 578

32.40%

Rice (white) (1kg)

$2.22 A$3.19

$2.49 Ft 804

-10.84%

Eggs

$7.14 A$10.27

$3.90 Ft 1,261

83.08%

Local Cheese (1kg)

$7.32 A$10.53

$11.10 Ft 3,587

-34.05%

Chicken Fillets (1kg)

$8.24 A$11.86

$6.62 Ft 2,139

24.47%

Beef Round Steak (1kg)

$14.05 A$20.22

$14.69 Ft 4,745

-4.36%

Apples (1kg)

$3.37 A$4.86

$1.83 Ft 591

84.15%

Banana (1kg)

$2.57 A$3.70

$2.05 Ft 661

25.37%

Oranges (1kg)

$2.85 A$4.10

$2.37 Ft 765

20.25%

Tomato (1kg)

$3.76 A$5.41

$3.90 Ft 1,260

-3.59%

Potato (1kg)

$1.99 A$2.87

$0.99 Ft 320

101.01%

Onion (1kg)

$2.05 A$2.95

$1.00 Ft 322

105.00%

Lettuce (1 head)

$2.46 A$3.54

$1.58 Ft 511

55.70%

Water (1.5 liter bottle)

$1.78 A$2.56

$0.67 Ft 216

165.67%

Cigarettes 20 Pack (Marlboro, Camel)

$44.60 A$64.2

$7.96 Ft 2,572

460.30%

Wine (Bottle)

$22.31 A$32.11

$6.22 Ft 2,009

258.68%

Local Beer (0.5 liter bottle)

$6.21 A$8.93

$1.27 Ft 411

388.98%

Imported Beer (0.33 liter bottle)

$7.15 A$10.28

$2.03 Ft 654

252.22%

One-way Ticket (Public Transport)

$0.36 A$0.52

$1.52 Ft 490

-76.32%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$2.18 A$3.14

$3.31 Ft 1,070

-34.14%

Taxi (Normal Tariff) (1km)

$1.56 A$2.25

$1.37 Ft 442

13.87%

Taxi 1hour Waiting (Normal Tariff)

$36.12 A$52.0

$19.83 Ft 6,406

82.15%

Gasoline (1 liter)

$1.47 A$2.11

$1.82 Ft 589

-19.23%

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)

$90.9 A$131

$171 Ft 55.3K

-46.90%

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

$30.70 A$44.18

$23.51 Ft 7,596

30.58%

Internet (50+ Mbps, Unlimited Data)

$63.2 A$90.9

$23.29 Ft 7,526

171.28%

Gym Membership (Monthly)

$17.21 A$24.76

$67.5 Ft 21.8K

-74.52%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$9.30 Ft 3,004

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)

$99.6 Ft 32.2K

Summer Dress (H&M, Zara, etc)

$43.49 Ft 14.0K

Sport Shoes (Adidas, Nike)

$110 Ft 35.7K

Men's Leather Business Shoes

$119 Ft 38.4K

1-bedroom Apartment, City Center (Monthly)

$1,026 A$1,476

$830 Ft 268.3K

23.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,016 A$1,463

$622 Ft 200.9K

63.42%

3-bedroom Apartment, City Center (Monthly)

$1,416 A$2,038

$1,594 Ft 514.9K

-11.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,402 A$2,018

$1,170 Ft 378.1K

19.81%

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)

$4,146 A$5,966

$1,651 Ft 533.4K

151.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.98

6.45

-7.29%

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

Last update for Ipswich: 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

Ipswich

$1K 49.9%

Budapest

$622 38.4% 38.8% $394

Eating Out

Ipswich

$423 20.8%

Budapest

$223 13.8% 47.2% $200

Groceries & Markets

Ipswich

$384 18.9%

Budapest

$258 15.9% 32.9% $126

Monthly Utilities & Internet

Ipswich

$185 9.1%

Budapest

$218 13.5% 18% $33

Sport & Entertainment

Ipswich

$17 * 0.9%

Budapest

$86 5.3% 400% $69

Getting Around

Ipswich

$11 * 0.6%

Budapest

$44 2.7% 287% $33

Clothing & Footwear

Ipswich

- * 0%

Budapest

$168 10.4%

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

Cost Breakdown

A central one-bedroom costs $1,026 in Ipswich 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 151% higher in Ipswich, 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 $74.0 in Ipswich versus $61.0 in Budapest. Monthly groceries follow the same trend: $384 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇦🇺 Ipswich

🇭🇺 Budapest

🕒 Local time

08:41 8:41 AM

00:41 12:41 AM

8 h behind Ipswich

🌤 Weather

👥 Population

229,208

1,686,222 Capital

💱 Currency

Australian Dollar AUD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of October 17, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 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 AUD in detail →

On the map

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Between locations

Ipswich Budapest 15,460 km ≈ 20 h nonstop flight

From you

Ipswich
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

Ipswich vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Ipswich is pricier by about 26%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,055 per month in Ipswich 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 Budapest, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 49% more in Ipswich, 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 $74.0 in Ipswich and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,619, than in Ipswich at $2,037. In Budapest it covers expenses comfortably, while in Ipswich 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, Ipswich makes more sense. Both are solid long-term options with distinct trade-offs.