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 $2,326 in Ipswich, rent and utilities included – about $8,500 less a year. Rent and utilities account for most of the difference.

113

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

🇬🇧 United Kingdom

$2,326

/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 $2,326 per month in Ipswich vs $1,619 in Budapest, rent included.

Ipswich $2,326
Budapest $1,619

A couple spends around $3,452 per month in Ipswich vs $2,524 in Budapest, rent included.

Ipswich $3,452
Budapest $2,524

A family of three spends $4,577 per month in Ipswich vs $3,429 in Budapest, rent included.

Ipswich $4,577
Budapest $3,429

Ipswich costs about 44% 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 72%, Budapest by 20%.

Meal at Budget Restaurant

$21.17 £15.89

$13.94 Ft 4,503

51.87%

Three-Course Dinner for Two, Mid-Range

$108 £80.8

$61.2 Ft 19.8K

75.89%

Fast Food Meal (McDonalds, etc)

$10.58 £7.94

$10.19 Ft 3,291

3.83%

Cappuccino

$5.73 £4.30

$3.26 Ft 1,055

75.77%

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

$1.71 £1.28

$2.14 Ft 690

-20.09%

Water (0.33 liter bottle)

$1.83 £1.37

$1.78 Ft 577

2.81%

Local Beer (0.5 liter draught)

$6.53 £4.90

$3.71 Ft 1,198

76.01%

Imported Beer (0.33 liter bottle)

$6.92 £5.19

$3.77 Ft 1,217

83.55%

Milk (1 liter)

$1.71 £1.28

$1.15 Ft 371

48.70%

White Bread (500g)

$1.66 £1.24

$1.79 Ft 578

-7.26%

Rice (white) (1kg)

$1.60 £1.20

$2.49 Ft 804

-35.74%

Eggs

$4.34 £3.26

$3.90 Ft 1,261

11.28%

Local Cheese (1kg)

$12.59 £9.45

$11.10 Ft 3,587

13.42%

Chicken Fillets (1kg)

$8.82 £6.62

$6.62 Ft 2,139

33.23%

Beef Round Steak (1kg)

$15.17 £11.38

$14.69 Ft 4,745

3.27%

Apples (1kg)

$3.01 £2.26

$1.83 Ft 591

64.48%

Banana (1kg)

$1.46 £1.10

$2.05 Ft 661

-28.78%

Oranges (1kg)

$2.70 £2.03

$2.37 Ft 765

13.92%

Tomato (1kg)

$3.13 £2.35

$3.90 Ft 1,260

-19.74%

Potato (1kg)

$1.67 £1.25

$0.99 Ft 320

68.69%

Onion (1kg)

$1.42 £1.06

$1.00 Ft 322

42.00%

Lettuce (1 head)

$1.39 £1.04

$1.58 Ft 511

-12.03%

Water (1.5 liter bottle)

$1.41 £1.05

$0.67 Ft 216

110.45%

Cigarettes 20 Pack (Marlboro, Camel)

$23.63 £17.73

$7.96 Ft 2,572

196.86%

Wine (Bottle)

$11.00 £8.25

$6.22 Ft 2,009

76.85%

Local Beer (0.5 liter bottle)

$2.73 £2.05

$1.27 Ft 411

114.96%

Imported Beer (0.33 liter bottle)

$3.57 £2.68

$2.03 Ft 654

75.86%

One-way Ticket (Public Transport)

$2.82 £2.12

$1.52 Ft 490

85.53%

Public Transport Monthly Pass (Regular Price)

$87.5 £65.7

$28.02 Ft 9,053

212.35%

Taxi Start (Normal Tariff)

$5.67 £4.25

$3.31 Ft 1,070

71.30%

Taxi (Normal Tariff) (1km)

$2.02 £1.51

$1.37 Ft 442

47.45%

Taxi 1hour Waiting (Normal Tariff)

$33.58 £25.20

$19.83 Ft 6,406

69.34%

Gasoline (1 liter)

$1.90 £1.42

$1.82 Ft 589

4.40%

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

$38.7K £29.0K

$29.8K Ft 9.6M

29.73%

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

$40.1K £30.1K

$33.8K Ft 10.9M

18.70%

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

$375 £281

$171 Ft 55.3K

118.99%

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

$15.57 £11.68

$23.51 Ft 7,596

-33.77%

Internet (50+ Mbps, Unlimited Data)

$40.75 £30.57

$23.29 Ft 7,526

74.97%

Gym Membership (Monthly)

$34.09 £25.57

$67.5 Ft 21.8K

-49.52%

Tennis Court (1 Hour on Weekend)

$7.97 £5.98

$18.89 Ft 6,104

-57.81%

Cinema Ticket

$17.81 £13.36

$9.30 Ft 3,004

91.51%

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

$1,047 £786

$533 Ft 172.3K

96.35%

International Primary School, 1 Child (Yearly)

$19.5K £14.6K

$16.8K Ft 5.4M

16.18%

Jeans (Levis 501 Or Similar)

$70.4 £52.8

$99.6 Ft 32.2K

-29.33%

Summer Dress (H&M, Zara, etc)

$54.0 £40.48

$43.49 Ft 14.0K

24.07%

Sport Shoes (Adidas, Nike)

$81.4 £61.1

$110 Ft 35.7K

-26.22%

Men's Leather Business Shoes

$68.4 £51.3

$119 Ft 38.4K

-42.49%

1-bedroom Apartment, City Center (Monthly)

$1,069 £802

$830 Ft 268.3K

28.76%

1-bedroom Apartment, Outside City Center (Monthly)

$949 £712

$622 Ft 200.9K

52.56%

3-bedroom Apartment, City Center (Monthly)

$1,397 £1,048

$1,594 Ft 514.9K

-12.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,552 £1,164

$1,170 Ft 378.1K

32.61%

Buy Apartment in City Center (m2)

$4,984 £3,739

$5,832 Ft 1.9M

-14.54%

Buy Apartment Outside City Center (m2)

$3,916 £2,938

$3,889 Ft 1.3M

0.69%

Average Monthly Net Salary (After Tax)

$2,920 £2,191

$1,651 Ft 533.4K

76.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.74

6.45

-26.51%

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

Last update for Ipswich: October 13, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Ipswich

$949 40.8%

Budapest

$622 38.4% 34.5% $327

Monthly Utilities & Internet

Ipswich

$431 18.5%

Budapest

$218 13.5% 49.4% $213

Eating Out

Ipswich

$331 14.2%

Budapest

$223 13.8% 32.5% $108

Groceries & Markets

Ipswich

$308 13.3%

Budapest

$258 15.9% 16.3% $50

Clothing & Footwear

Ipswich

$123 5.3%

Budapest

$168 10.4% 35.8% $44

Getting Around

Ipswich

$115 4.9%

Budapest

$44 2.7% 61.4% $70

Sport & Entertainment

Ipswich

$70 3%

Budapest

$86 5.3% 23.6% $16

Cost Breakdown

A central one-bedroom costs $1,069 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 77% 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 $108 in Ipswich versus $61.0 in Budapest. Monthly groceries follow the same trend: $308 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇬🇧 Ipswich

🇭🇺 Budapest

🕒 Local time

14:04 2:04 PM

15:04 3:04 PM

1 h ahead of Ipswich

🌤 Weather

👥 Population

120,000

1,686,222 Capital

💱 Currency

British Pound GBP £

Hungarian Forint HUF Ft

📈 Exchange rate

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 18, 2026: 1 USD = 0.75 GBP (1 GBP = 1.33 USD). 1 EUR = 0.843 GBP (1 GBP = 1.19 EUR).

Hungarian Forint exchange rates as of October 18, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to GBP in detail →

On the map

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Between locations

Ipswich Budapest 1,380 km ≈ 2 h 15 min 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 44%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,489 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.

Public transport costs about 212% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,047 per month in Ipswich and $533 in Budapest. For families with young kids, this one expense can tip the scales when choosing 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 $2,326. 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.