Last update: Oct 2026

Cost of Living Comparison Between İzmit and Budapest

For one person, living is cheaper in İzmit: $916 a month against $1,619 in Budapest, rent and utilities included – about $8,400 less a year. Rent and utilities account for most of the difference.

45

Cost of Living Index in İzmit
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İzmit Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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İzmit

🇹🇷 Turkey

$916

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $916 per month in İzmit vs $1,619 in Budapest, rent included.

İzmit $916
Budapest $1,619

A couple spends around $1,441 per month in İzmit vs $2,524 in Budapest, rent included.

İzmit $1,441
Budapest $2,524

A family of three spends $1,966 per month in İzmit vs $3,429 in Budapest, rent included.

İzmit $1,966
Budapest $3,429

İzmit is about 43% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

İzmit sits 32% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.20 ₺357

$13.94 Ft 4,503

-48.35%

Three-Course Dinner for Two, Mid-Range

$30.59 ₺1,515

$61.2 Ft 19.8K

-50.03%

Fast Food Meal (McDonalds, etc)

$7.71 ₺382

$10.19 Ft 3,291

-24.34%

Cappuccino

$3.45 ₺171

$3.26 Ft 1,055

5.83%

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

$1.14 ₺56.6

$2.14 Ft 690

-46.73%

Water (0.33 liter bottle)

$0.33 ₺16.11

$1.78 Ft 577

-81.46%

Local Beer (0.5 liter draught)

$2.53 ₺125

$3.71 Ft 1,198

-31.81%

Imported Beer (0.33 liter bottle)

$2.89 ₺143

$3.77 Ft 1,217

-23.34%

Milk (1 liter)

$0.90 ₺44.58

$1.15 Ft 371

-21.74%

White Bread (500g)

$0.89 ₺44.11

$1.79 Ft 578

-50.28%

Rice (white) (1kg)

$2.29 ₺113

$2.49 Ft 804

-8.03%

Eggs

$2.11 ₺104

$3.90 Ft 1,261

-45.90%

Local Cheese (1kg)

$7.79 ₺385

$11.10 Ft 3,587

-29.82%

Chicken Fillets (1kg)

$3.77 ₺187

$6.62 Ft 2,139

-43.05%

Beef Round Steak (1kg)

$19.31 ₺956

$14.69 Ft 4,745

31.45%

Apples (1kg)

$1.66 ₺82.2

$1.83 Ft 591

-9.29%

Banana (1kg)

$1.86 ₺92.2

$2.05 Ft 661

-9.27%

Oranges (1kg)

$1.03 ₺51.0

$2.37 Ft 765

-56.54%

Tomato (1kg)

$1.18 ₺58.6

$3.90 Ft 1,260

-69.74%

Potato (1kg)

$0.49 ₺24.05

$0.99 Ft 320

-50.51%

Onion (1kg)

$0.38 ₺19.03

$1.00 Ft 322

-62.00%

Lettuce (1 head)

$0.74 ₺36.73

$1.58 Ft 511

-53.16%

Water (1.5 liter bottle)

$0.65 ₺32.37

$0.67 Ft 216

-2.99%

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 ₺111

$7.96 Ft 2,572

-71.73%

Wine (Bottle)

$8.38 ₺415

$6.22 Ft 2,009

34.73%

Local Beer (0.5 liter bottle)

$2.02 ₺100

$1.27 Ft 411

59.06%

Imported Beer (0.33 liter bottle)

$2.17 ₺108

$2.03 Ft 654

6.90%

One-way Ticket (Public Transport)

$0.68 ₺33.74

$1.52 Ft 490

-55.26%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$1.04 ₺51.6

$3.31 Ft 1,070

-68.58%

Taxi (Normal Tariff) (1km)

$1.14 ₺56.4

$1.37 Ft 442

-16.79%

Taxi 1hour Waiting (Normal Tariff)

$4.11 ₺203

$19.83 Ft 6,406

-79.27%

Gasoline (1 liter)

$1.28 ₺63.4

$1.82 Ft 589

-29.67%

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

$41.5K ₺2.1M

$29.8K Ft 9.6M

39.40%

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

$40.3K ₺2.0M

$33.8K Ft 10.9M

19.28%

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

$45.29 ₺2,242

$171 Ft 55.3K

-73.53%

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

$11.76 ₺582

$23.51 Ft 7,596

-49.98%

Internet (50+ Mbps, Unlimited Data)

$12.82 ₺635

$23.29 Ft 7,526

-44.95%

Gym Membership (Monthly)

$52.6 ₺2,603

$67.5 Ft 21.8K

-22.14%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$5.22 ₺258

$9.30 Ft 3,004

-43.87%

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

$467 ₺23.1K

$533 Ft 172.3K

-12.50%

International Primary School, 1 Child (Yearly)

$6,160 ₺305.0K

$16.8K Ft 5.4M

-63.24%

Jeans (Levis 501 Or Similar)

$47.79 ₺2,366

$99.6 Ft 32.2K

-52.02%

Summer Dress (H&M, Zara, etc)

$42.93 ₺2,125

$43.49 Ft 14.0K

-1.29%

Sport Shoes (Adidas, Nike)

$83.4 ₺4,129

$110 Ft 35.7K

-24.43%

Men's Leather Business Shoes

$76.6 ₺3,794

$119 Ft 38.4K

-35.58%

1-bedroom Apartment, City Center (Monthly)

$420 ₺20.8K

$830 Ft 268.3K

-49.46%

1-bedroom Apartment, Outside City Center (Monthly)

$305 ₺15.1K

$622 Ft 200.9K

-50.94%

3-bedroom Apartment, City Center (Monthly)

$782 ₺38.7K

$1,594 Ft 514.9K

-50.95%

3-bedroom Apartment, Outside City Center (Monthly)

$557 ₺27.6K

$1,170 Ft 378.1K

-52.38%

Buy Apartment in City Center (m2)

$1,452 ₺71.9K

$5,832 Ft 1.9M

-75.11%

Buy Apartment Outside City Center (m2)

$1,022 ₺50.6K

$3,889 Ft 1.3M

-73.72%

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

520.16%

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

Last update for İzmit: 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

İzmit

$305 33.3%

Budapest

$622 38.4% 104% $317

Groceries & Markets

İzmit

$209 22.9%

Budapest

$258 15.9% 23.2% $49

Eating Out

İzmit

$146 16%

Budapest

$223 13.8% 52.2% $77

Clothing & Footwear

İzmit

$113 12.3%

Budapest

$168 10.4% 48.5% $55

Monthly Utilities & Internet

İzmit

$70 7.6%

Budapest

$218 13.5% 212% $148

Sport & Entertainment

İzmit

$63 6.9%

Budapest

$86 5.3% 36.7% $23

Getting Around

İzmit

$9.5 * 1%

Budapest

$44 2.7% 368% $35

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

Cost Breakdown

A central one-bedroom costs $420 in İzmit 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.

A mid-range dinner for two costs $31.00 in İzmit versus $61.0 in Budapest. Monthly groceries follow the same trend: $209 vs $258 – making İzmit the more affordable choice for daily food spending.

Good to know

🇹🇷 İzmit

🇭🇺 Budapest

🕒 Local time

02:30 2:30 AM

01:30 1:30 AM

1 h behind İzmit

🌤 Weather

👥 Population

376,056

1,686,222 Capital

💱 Currency

Turkish Lira TRY ₺

Hungarian Forint HUF Ft

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 17, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 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 TRY in detail →

On the map

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Between locations

İzmit Budapest 1,150 km ≈ 2 h nonstop flight

From you

İzmit
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

İzmit vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 77%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,374 per month in İzmit 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 İzmit, 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 $31.00 in İzmit and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 23% more in Budapest, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in İzmit, where all-in costs run around $916, than in Budapest at $1,619. In İzmit it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward İzmit – 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 İzmit. 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.