Last update: Oct 2026

Cost of Living Comparison Between New Providence and Budapest

For one person, living is cheaper in Budapest: $1,621 a month against $2,134 in New Providence, rent and utilities included – about $6,200 less a year. The total is higher in New Providence despite lower rent and utilities.

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Cost of Living Index in Budapest
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Budapest Living Index

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New Providence

🇧🇸 Bahamas

$2,134

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $2,134 per month in New Providence vs $1,621 in Budapest, rent included.

New Providence $2,134
Budapest $1,621

A couple spends around $5,196 per month in New Providence vs $2,555 in Budapest, rent included.

New Providence $5,196
Budapest $2,555

A family of three spends $8,257 per month in New Providence vs $3,489 in Budapest, rent included.

New Providence $8,257
Budapest $3,489

New Providence costs about 32% more than Budapest, and outside of rent the biggest gap is in eating out.

Both New Providence and Budapest sit above the global median – New Providence by 59%, Budapest by 21%.

Meal at Budget Restaurant

$74.6 BSD 74.6

$13.99 Ft 4,551

433.31%

Three-Course Dinner for Two, Mid-Range

$151 BSD 151

$60.3 Ft 19.6K

150.63%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

Cappuccino

$5.40 BSD 5.40

$3.38 Ft 1,100

59.76%

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

$2.13 Ft 692

Water (0.33 liter bottle)

$1.87 Ft 608

Local Beer (0.5 liter draught)

$3.75 Ft 1,221

Imported Beer (0.33 liter bottle)

$3.57 Ft 1,162

Milk (1 liter)

$2.17 BSD 2.17

$1.13 Ft 368

92.04%

White Bread (500g)

$4.91 BSD 4.91

$1.84 Ft 599

166.85%

Rice (white) (1kg)

$5.05 BSD 5.05

$2.39 Ft 777

111.30%

Eggs

$10.12 BSD 10.12

$3.83 Ft 1,245

164.23%

Local Cheese (1kg)

$19.69 BSD 19.69

$11.33 Ft 3,686

73.79%

Chicken Fillets (1kg)

$10.09 BSD 10.09

$6.74 Ft 2,192

49.70%

Beef Round Steak (1kg)

$20.37 BSD 20.37

$14.69 Ft 4,780

38.67%

Apples (1kg)

$4.45 BSD 4.45

$1.84 Ft 597

141.85%

Banana (1kg)

$6.10 BSD 6.10

$2.01 Ft 653

203.48%

Oranges (1kg)

$7.17 BSD 7.17

$2.36 Ft 767

203.81%

Tomato (1kg)

$4.02 BSD 4.02

$3.77 Ft 1,226

6.63%

Potato (1kg)

$4.02 BSD 4.02

$0.96 Ft 313

318.75%

Onion (1kg)

$2.95 BSD 2.95

$1.03 Ft 334

186.41%

Lettuce (1 head)

$2.95 BSD 2.95

$1.56 Ft 509

89.10%

Water (1.5 liter bottle)

$2.93 BSD 2.93

$0.66 Ft 216

343.94%

Cigarettes 20 Pack (Marlboro, Camel)

$15.16 BSD 15.16

$7.96 Ft 2,591

90.45%

Wine (Bottle)

$25.37 BSD 25.37

$6.01 Ft 1,954

322.13%

Local Beer (0.5 liter bottle)

$3.72 BSD 3.72

$1.30 Ft 421

186.15%

Imported Beer (0.33 liter bottle)

$4.08 BSD 4.08

$2.08 Ft 676

96.15%

One-way Ticket (Public Transport)

$1.50 Ft 489

Public Transport Monthly Pass (Regular Price)

$27.61 Ft 8,982

Taxi Start (Normal Tariff)

$3.30 Ft 1,074

Taxi (Normal Tariff) (1km)

$1.30 Ft 424

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

Gasoline (1 liter)

$1.76 BSD 1.76

$1.81 Ft 591

-2.76%

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

$29.3K Ft 9.5M

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

$34.1K Ft 11.1M

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

$170 Ft 55.3K

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

$40.39 BSD 40.39

$23.98 Ft 7,802

68.43%

Internet (50+ Mbps, Unlimited Data)

$100 BSD 100

$23.42 Ft 7,621

327.63%

Gym Membership (Monthly)

$76.5 BSD 76.5

$66.2 Ft 21.6K

15.47%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

Cinema Ticket

$14.72 BSD 14.72

$9.52 Ft 3,098

54.62%

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

$1,525 BSD 1,525

$537 Ft 174.6K

184.17%

International Primary School, 1 Child (Yearly)

$14.8K BSD 14.8K

$16.6K Ft 5.4M

-10.68%

Jeans (Levis 501 Or Similar)

$101 Ft 33.0K

Summer Dress (H&M, Zara, etc)

$42.99 Ft 14.0K

Sport Shoes (Adidas, Nike)

$113 Ft 36.7K

Men's Leather Business Shoes

$119 Ft 38.6K

1-bedroom Apartment, City Center (Monthly)

$1,518 BSD 1,518

$805 Ft 262.0K

88.48%

1-bedroom Apartment, Outside City Center (Monthly)

$692 BSD 692

$629 Ft 204.7K

9.96%

3-bedroom Apartment, City Center (Monthly)

$1,549 Ft 504.1K

3-bedroom Apartment, Outside City Center (Monthly)

$4,529 BSD 4,529

$1,167 Ft 379.7K

288.02%

Buy Apartment in City Center (m2)

$5,618 Ft 1.8M

Buy Apartment Outside City Center (m2)

$3,968 Ft 1.3M

Average Monthly Net Salary (After Tax)

$1,626 Ft 529.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

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

Last update for New Providence: October 6, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

New Providence

–

Budapest

$629 38.7%

Groceries & Markets

New Providence

–

Budapest

$258 15.8%

Eating Out

New Providence

–

Budapest

$224 13.8%

Monthly Utilities & Internet

New Providence

–

Budapest

$217 13.4%

Clothing & Footwear

New Providence

–

Budapest

$169 10.4%

Sport & Entertainment

New Providence

–

Budapest

$85 5.2%

Getting Around

New Providence

–

Budapest

$43 2.7%

Cost Breakdown

A central one-bedroom costs $1,518 in New Providence versus $805 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 $151 in New Providence versus $60.0 in Budapest. Monthly groceries follow the same trend: $552 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇧🇸 New Providence

🇭🇺 Budapest

🕒 Local time

03:19 3:19 AM

09:19 9:19 AM

6 h ahead of New Providence

🌤 Weather

👥 Population

296,522

1,686,222 Capital

💱 Currency

Bahamian Dollar BSD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 BSD = 1 USD

1 BSD = 0.892 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to BSD – Bahamian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇸 Bahamian Dollar ($)

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to BSD in detail →

On the map

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Between locations

New Providence Budapest 8,420 km ≈ 11 h nonstop flight

From you

New Providence
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

New Providence vs Budapest: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 32%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,201 per month in New Providence and $2,432 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.

A mid-range dinner for two costs $151 in New Providence and $60.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 114% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in New Providence at $2,134. In Budapest it covers expenses comfortably, while in New Providence 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, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.