Last update: Oct 2026

Cost of Living Comparison Between Mykolaiv and Budapest

For one person, living is cheaper in Mykolaiv: $717 a month against $1,619 in Budapest, rent and utilities included – about $10,800 less a year. Rent and utilities account for most of the difference.

35

Cost of Living Index in Mykolaiv
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Mykolaiv Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Mykolaiv

🇺🇦 Ukraine

$717

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $717 per month in Mykolaiv vs $1,619 in Budapest, rent included.

Mykolaiv $717
Budapest $1,619

A couple spends around $1,102 per month in Mykolaiv vs $2,524 in Budapest, rent included.

Mykolaiv $1,102
Budapest $2,524

A family of three spends $1,487 per month in Mykolaiv vs $3,429 in Budapest, rent included.

Mykolaiv $1,487
Budapest $3,429

Mykolaiv is about 56% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

Mykolaiv sits 47% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.69 ₴390

$13.94 Ft 4,503

-37.66%

Three-Course Dinner for Two, Mid-Range

$22.07 ₴991

$61.2 Ft 19.8K

-63.95%

Fast Food Meal (McDonalds, etc)

$5.39 ₴242

$10.19 Ft 3,291

-47.11%

Cappuccino

$1.12 ₴50.1

$3.26 Ft 1,055

-65.64%

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

$0.56 ₴25.10

$2.14 Ft 690

-73.83%

Water (0.33 liter bottle)

$0.41 ₴18.20

$1.78 Ft 577

-76.97%

Local Beer (0.5 liter draught)

$0.79 ₴35.47

$3.71 Ft 1,198

-78.71%

Imported Beer (0.33 liter bottle)

$1.55 ₴69.6

$3.77 Ft 1,217

-58.89%

Milk (1 liter)

$1.21 ₴54.4

$1.15 Ft 371

5.22%

White Bread (500g)

$0.73 ₴32.74

$1.79 Ft 578

-59.22%

Rice (white) (1kg)

$1.48 ₴66.6

$2.49 Ft 804

-40.56%

Eggs

$1.74 ₴78.3

$3.90 Ft 1,261

-55.38%

Local Cheese (1kg)

$9.77 ₴439

$11.10 Ft 3,587

-11.98%

Chicken Fillets (1kg)

$4.39 ₴197

$6.62 Ft 2,139

-33.69%

Beef Round Steak (1kg)

$7.50 ₴337

$14.69 Ft 4,745

-48.94%

Apples (1kg)

$1.07 ₴48.09

$1.83 Ft 591

-41.53%

Banana (1kg)

$1.55 ₴69.4

$2.05 Ft 661

-24.39%

Oranges (1kg)

$1.41 ₴63.1

$2.37 Ft 765

-40.51%

Tomato (1kg)

$2.11 ₴94.8

$3.90 Ft 1,260

-45.90%

Potato (1kg)

$0.86 ₴38.74

$0.99 Ft 320

-13.13%

Onion (1kg)

$0.48 ₴21.62

$1.00 Ft 322

-52.00%

Lettuce (1 head)

$1.02 ₴45.60

$1.58 Ft 511

-35.44%

Water (1.5 liter bottle)

$0.47 ₴20.90

$0.67 Ft 216

-29.85%

Cigarettes 20 Pack (Marlboro, Camel)

$2.73 ₴122

$7.96 Ft 2,572

-65.70%

Wine (Bottle)

$3.55 ₴160

$6.22 Ft 2,009

-42.93%

Local Beer (0.5 liter bottle)

$0.62 ₴27.69

$1.27 Ft 411

-51.18%

Imported Beer (0.33 liter bottle)

$1.19 ₴53.6

$2.03 Ft 654

-41.38%

One-way Ticket (Public Transport)

$0.34 ₴15.38

$1.52 Ft 490

-77.63%

Public Transport Monthly Pass (Regular Price)

$11.25 ₴505

$28.02 Ft 9,053

-59.85%

Taxi Start (Normal Tariff)

$1.58 ₴71.1

$3.31 Ft 1,070

-52.27%

Taxi (Normal Tariff) (1km)

$0.31 ₴14.13

$1.37 Ft 442

-77.37%

Taxi 1hour Waiting (Normal Tariff)

$4.34 ₴195

$19.83 Ft 6,406

-78.11%

Gasoline (1 liter)

$1.63 ₴73.0

$1.82 Ft 589

-10.44%

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

$28.9K ₴1.3M

$29.8K Ft 9.6M

-3.15%

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

$19.3K ₴865.0K

$33.8K Ft 10.9M

-43.00%

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

$155 ₴6,936

$171 Ft 55.3K

-9.70%

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

$5.88 ₴264

$23.51 Ft 7,596

-74.99%

Internet (50+ Mbps, Unlimited Data)

$7.01 ₴315

$23.29 Ft 7,526

-69.90%

Gym Membership (Monthly)

$25.78 ₴1,157

$67.5 Ft 21.8K

-61.82%

Tennis Court (1 Hour on Weekend)

$8.25 ₴370

$18.89 Ft 6,104

-56.33%

Cinema Ticket

$3.36 ₴151

$9.30 Ft 3,004

-63.87%

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

$243 ₴10.9K

$533 Ft 172.3K

-54.36%

International Primary School, 1 Child (Yearly)

$4,002 ₴179.6K

$16.8K Ft 5.4M

-76.12%

Jeans (Levis 501 Or Similar)

$41.83 ₴1,877

$99.6 Ft 32.2K

-58.01%

Summer Dress (H&M, Zara, etc)

$24.69 ₴1,108

$43.49 Ft 14.0K

-43.23%

Sport Shoes (Adidas, Nike)

$59.9 ₴2,689

$110 Ft 35.7K

-45.72%

Men's Leather Business Shoes

$101 ₴4,543

$119 Ft 38.4K

-14.93%

1-bedroom Apartment, City Center (Monthly)

$197 ₴8,854

$830 Ft 268.3K

-76.25%

1-bedroom Apartment, Outside City Center (Monthly)

$126 ₴5,651

$622 Ft 200.9K

-79.76%

3-bedroom Apartment, City Center (Monthly)

$358 ₴16.1K

$1,594 Ft 514.9K

-77.55%

3-bedroom Apartment, Outside City Center (Monthly)

$258 ₴11.6K

$1,170 Ft 378.1K

-77.91%

Buy Apartment in City Center (m2)

$730 ₴32.8K

$5,832 Ft 1.9M

-87.49%

Buy Apartment Outside City Center (m2)

$502 ₴22.5K

$3,889 Ft 1.3M

-87.10%

Average Monthly Net Salary (After Tax)

$425 ₴19.1K

$1,651 Ft 533.4K

-74.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

148.06%

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

Last update for Mykolaiv: October 12, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Monthly Utilities & Internet

Mykolaiv

$167 23.4%

Budapest

$218 13.5% 30.2% $51

Groceries & Markets

Mykolaiv

$163 22.7%

Budapest

$258 15.9% 58.5% $95

Accommodation & Living

Mykolaiv

$126 17.6%

Budapest

$622 38.4% 394% $496

Eating Out

Mykolaiv

$110 15.4%

Budapest

$223 13.8% 103% $113

Clothing & Footwear

Mykolaiv

$102 14.3%

Budapest

$168 10.4% 63.6% $65

Sport & Entertainment

Mykolaiv

$33 4.5%

Budapest

$86 5.3% 165% $54

Getting Around

Mykolaiv

$16 2.2%

Budapest

$44 2.7% 181% $28

Cost Breakdown

A central one-bedroom costs $197 in Mykolaiv 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 289% higher in Budapest, 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 $22.00 in Mykolaiv versus $61.0 in Budapest. Monthly groceries follow the same trend: $163 vs $258 – making Mykolaiv the more affordable choice for daily food spending.

Good to know

🇺🇦 Mykolaiv

🇭🇺 Budapest

🕒 Local time

00:49 12:49 AM

23:49 11:49 PM

1 h behind Mykolaiv

🌤 Weather

👥 Population

480,080

1,686,222 Capital

💱 Currency

Ukrainian Hryvnia UAH ₴

Hungarian Forint HUF Ft

📈 Exchange rate

100 UAH = 2.23 USD

100 UAH = 1.98 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to UAH – Ukrainian Hryvnia Converter

🇺🇸 United States Dollar ($)

🇺🇦 Ukrainian Hryvnia (₴)

Ukrainian Hryvnia exchange rates as of October 18, 2026: 1 USD = 44.89 UAH (100 UAH = 2.23 USD). 1 EUR = 50.46 UAH (100 UAH = 1.98 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 UAH in detail →

On the map

Lowest

Highest

Between locations

Mykolaiv Budapest 980 km ≈ 1 h 45 min nonstop flight

From you

Mykolaiv
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

Mykolaiv vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 126%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,075 per month in Mykolaiv 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 Mykolaiv, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 149% less in Mykolaiv. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $243 per month in Mykolaiv and $533 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Mykolaiv, where all-in costs run around $717, than in Budapest at $1,619. In Mykolaiv it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Mykolaiv – 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 Mykolaiv. 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.