Last update: Oct 2026

Cost of Living Comparison Between Lanzarote and Budapest

For one person, living costs are similar in Lanzarote and in Budapest: $1,611 and $1,619 a month, rent and utilities included.

79

Cost of Living Index in Lanzarote
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Lanzarote Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Lanzarote

🇪🇸 Spain

$1,611

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $1,611 per month in Lanzarote vs $1,619 in Budapest, rent included.

Lanzarote $1,611
Budapest $1,619

A couple spends around $2,446 per month in Lanzarote vs $2,524 in Budapest, rent included.

Lanzarote $2,446
Budapest $2,524

A family of three spends $3,280 per month in Lanzarote vs $3,429 in Budapest, rent included.

Lanzarote $3,280
Budapest $3,429

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

Both Lanzarote and Budapest sit above the global median – Lanzarote by 19%, Budapest by 20%.

Meal at Budget Restaurant

$13.31 €11.84

$13.94 Ft 4,503

-4.52%

Three-Course Dinner for Two, Mid-Range

$72.9 €64.9

$61.2 Ft 19.8K

19.11%

Fast Food Meal (McDonalds, etc)

$10.45 €9.30

$10.19 Ft 3,291

2.55%

Cappuccino

$2.47 €2.20

$3.26 Ft 1,055

-24.23%

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

$2.16 €1.92

$2.14 Ft 690

0.93%

Water (0.33 liter bottle)

$1.63 €1.45

$1.78 Ft 577

-8.43%

Local Beer (0.5 liter draught)

$3.04 €2.71

$3.71 Ft 1,198

-18.06%

Imported Beer (0.33 liter bottle)

$3.75 €3.33

$3.77 Ft 1,217

-0.53%

Milk (1 liter)

$1.11 €0.98

$1.15 Ft 371

-3.48%

White Bread (500g)

$1.44 €1.28

$1.79 Ft 578

-19.55%

Rice (white) (1kg)

$1.65 €1.47

$2.49 Ft 804

-33.73%

Eggs

$3.65 €3.25

$3.90 Ft 1,261

-6.41%

Local Cheese (1kg)

$11.98 €10.65

$11.10 Ft 3,587

7.93%

Chicken Fillets (1kg)

$10.17 €9.04

$6.62 Ft 2,139

53.63%

Beef Round Steak (1kg)

$17.81 €15.85

$14.69 Ft 4,745

21.24%

Apples (1kg)

$2.61 €2.32

$1.83 Ft 591

42.62%

Banana (1kg)

$2.60 €2.31

$2.05 Ft 661

26.83%

Oranges (1kg)

$2.24 €2.00

$2.37 Ft 765

-5.49%

Tomato (1kg)

$2.60 €2.31

$3.90 Ft 1,260

-33.33%

Potato (1kg)

$1.85 €1.65

$0.99 Ft 320

86.87%

Onion (1kg)

$2.39 €2.12

$1.00 Ft 322

139.00%

Lettuce (1 head)

$2.00 €1.78

$1.58 Ft 511

26.58%

Water (1.5 liter bottle)

$0.89 €0.79

$0.67 Ft 216

32.84%

Cigarettes 20 Pack (Marlboro, Camel)

$4.60 €4.09

$7.96 Ft 2,572

-42.21%

Wine (Bottle)

$6.91 €6.15

$6.22 Ft 2,009

11.09%

Local Beer (0.5 liter bottle)

$1.76 €1.57

$1.27 Ft 411

38.58%

Imported Beer (0.33 liter bottle)

$2.62 €2.33

$2.03 Ft 654

29.06%

One-way Ticket (Public Transport)

$1.62 €1.44

$1.52 Ft 490

6.58%

Public Transport Monthly Pass (Regular Price)

$32.85 €29.22

$28.02 Ft 9,053

17.24%

Taxi Start (Normal Tariff)

$3.32 €2.95

$3.31 Ft 1,070

0.30%

Taxi (Normal Tariff) (1km)

$2.18 €1.94

$1.37 Ft 442

59.12%

Taxi 1hour Waiting (Normal Tariff)

$27.87 €24.79

$19.83 Ft 6,406

40.54%

Gasoline (1 liter)

$1.73 €1.54

$1.82 Ft 589

-4.95%

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

$35.3K €31.4K

$29.8K Ft 9.6M

18.50%

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

$29.6K €26.3K

$33.8K Ft 10.9M

-12.47%

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

$114 €101

$171 Ft 55.3K

-33.48%

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

$19.51 €17.35

$23.51 Ft 7,596

-17.01%

Internet (50+ Mbps, Unlimited Data)

$29.03 €25.83

$23.29 Ft 7,526

24.65%

Gym Membership (Monthly)

$45.66 €40.61

$67.5 Ft 21.8K

-32.39%

Tennis Court (1 Hour on Weekend)

$15.77 €14.03

$18.89 Ft 6,104

-16.52%

Cinema Ticket

$8.72 €7.76

$9.30 Ft 3,004

-6.24%

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

$473 €421

$533 Ft 172.3K

-11.30%

International Primary School, 1 Child (Yearly)

$6,751 €6,005

$16.8K Ft 5.4M

-59.71%

Jeans (Levis 501 Or Similar)

$89.2 €79.4

$99.6 Ft 32.2K

-10.41%

Summer Dress (H&M, Zara, etc)

$38.36 €34.12

$43.49 Ft 14.0K

-11.80%

Sport Shoes (Adidas, Nike)

$90.9 €80.8

$110 Ft 35.7K

-17.65%

Men's Leather Business Shoes

$121 €108

$119 Ft 38.4K

2.05%

1-bedroom Apartment, City Center (Monthly)

$901 €801

$830 Ft 268.3K

8.50%

1-bedroom Apartment, Outside City Center (Monthly)

$679 €604

$622 Ft 200.9K

9.20%

3-bedroom Apartment, City Center (Monthly)

$1,326 €1,180

$1,594 Ft 514.9K

-16.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,031 €917

$1,170 Ft 378.1K

-11.88%

Buy Apartment in City Center (m2)

$3,266 €2,905

$5,832 Ft 1.9M

-44.00%

Buy Apartment Outside City Center (m2)

$2,250 €2,001

$3,889 Ft 1.3M

-42.15%

Average Monthly Net Salary (After Tax)

$1,713 €1,524

$1,651 Ft 533.4K

3.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

6.45

-51.16%

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

Last update for Lanzarote: October 11, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Lanzarote

$679 42.2%

Budapest

$622 38.4% 8.4% $57

Groceries & Markets

Lanzarote

$294 18.3%

Budapest

$258 15.9% 12.4% $36

Eating Out

Lanzarote

$205 12.8%

Budapest

$223 13.8% 8.6% $18

Monthly Utilities & Internet

Lanzarote

$162 10.1%

Budapest

$218 13.5% 34.2% $56

Clothing & Footwear

Lanzarote

$153 9.5%

Budapest

$168 10.4% 9.6% $15

Sport & Entertainment

Lanzarote

$63 3.9%

Budapest

$86 5.3% 36.5% $23

Getting Around

Lanzarote

$54 3.3%

Budapest

$44 2.7% 17.4% $9.3

Cost Breakdown

A central one-bedroom costs $901 in Lanzarote 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 4% higher in Lanzarote. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $73.0 in Lanzarote versus $61.0 in Budapest. Monthly groceries follow the same trend: $294 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇪🇸 Lanzarote

🇭🇺 Budapest

🕒 Local time

21:42 9:42 PM

22:42 10:42 PM

1 h ahead of Lanzarote

🌤 Weather

👥 Population

5,228

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 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

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 EUR in detail →

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Between locations

Lanzarote Budapest 3,470 km ≈ 4 h 45 min nonstop flight

From you

Lanzarote
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

Lanzarote vs Budapest: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,416 per month in Lanzarote 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 Lanzarote, 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 $73.0 in Lanzarote and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 17% less in Lanzarote. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Lanzarote, where all-in costs run around $1,611, than in Budapest at $1,619. In Lanzarote it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Lanzarote – 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 Lanzarote. 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.