Last update: Oct 2026

Cost of Living Comparison Between Nigeria and Budapest

For one person, living is cheaper in Nigeria: $756 a month against $1,621 in Budapest, rent and utilities included – about $10,400 less a year. Rent and utilities account for about half of the difference.

37

Cost of Living Index in Nigeria
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Nigeria Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

Jump to prices

🇳🇬 Nigeria

$756

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

🙂 Solo nomad: Nigeria is 56% cheaper than Budapest without rent, and 53.4% cheaper with rent.

🙂 Family of 3: Nigeria is 56.1% cheaper than Budapest without rent, and 48% cheaper with rent.

Meal at Budget Restaurant

$1.84 ₦2,443

$13.99 Ft 4,551

-86.85%

Three-Course Dinner for Two, Mid-Range

$30.75 ₦40.8K

$60.3 Ft 19.6K

-49.04%

Fast Food Meal (McDonalds, etc)

$4.58 ₦6,079

$9.96 Ft 3,241

-54.02%

Cappuccino

$2.32 ₦3,085

$3.38 Ft 1,100

-31.36%

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

$0.36 ₦484

$2.13 Ft 692

-83.10%

Water (0.33 liter bottle)

$0.22 ₦293

$1.87 Ft 608

-88.24%

Local Beer (0.5 liter draught)

$0.76 ₦1,008

$3.75 Ft 1,221

-79.73%

Imported Beer (0.33 liter bottle)

$1.29 ₦1,707

$3.57 Ft 1,162

-63.87%

Milk (1 liter)

$2.79 ₦3,700

$1.13 Ft 368

146.90%

White Bread (500g)

$1.02 ₦1,354

$1.84 Ft 599

-44.57%

Rice (white) (1kg)

$1.52 ₦2,024

$2.39 Ft 777

-36.40%

Eggs

$1.62 ₦2,159

$3.83 Ft 1,245

-57.70%

Local Cheese (1kg)

$5.91 ₦7,856

$11.33 Ft 3,686

-47.84%

Chicken Fillets (1kg)

$4.28 ₦5,683

$6.74 Ft 2,192

-36.50%

Beef Round Steak (1kg)

$3.86 ₦5,125

$14.69 Ft 4,780

-73.72%

Apples (1kg)

$2.39 ₦3,180

$1.84 Ft 597

29.89%

Banana (1kg)

$1.35 ₦1,791

$2.01 Ft 653

-32.84%

Oranges (1kg)

$1.27 ₦1,683

$2.36 Ft 767

-46.19%

Tomato (1kg)

$1.60 ₦2,131

$3.77 Ft 1,226

-57.56%

Potato (1kg)

$1.62 ₦2,155

$0.96 Ft 313

68.75%

Onion (1kg)

$1.37 ₦1,825

$1.03 Ft 334

33.01%

Lettuce (1 head)

$0.62 ₦823

$1.56 Ft 509

-60.26%

Water (1.5 liter bottle)

$0.36 ₦481

$0.66 Ft 216

-45.45%

Cigarettes 20 Pack (Marlboro, Camel)

$0.77 ₦1,023

$7.96 Ft 2,591

-90.33%

Wine (Bottle)

$3.91 ₦5,199

$6.01 Ft 1,954

-34.94%

Local Beer (0.5 liter bottle)

$0.68 ₦901

$1.30 Ft 421

-47.69%

Imported Beer (0.33 liter bottle)

$0.82 ₦1,087

$2.08 Ft 676

-60.58%

One-way Ticket (Public Transport)

$0.37 ₦489

$1.50 Ft 489

-75.33%

Public Transport Monthly Pass (Regular Price)

$15.10 ₦20.1K

$27.61 Ft 8,982

-45.31%

Taxi Start (Normal Tariff)

$0.61 ₦813

$3.30 Ft 1,074

-81.52%

Taxi (Normal Tariff) (1km)

$1.09 ₦1,442

$1.30 Ft 424

-16.15%

Taxi 1hour Waiting (Normal Tariff)

$2.21 ₦2,931

$19.78 Ft 6,436

-88.83%

Gasoline (1 liter)

$0.61 ₦815

$1.81 Ft 591

-66.30%

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

$11.5K ₦15.3M

$29.3K Ft 9.5M

-60.62%

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

$16.6K ₦22.0M

$34.1K Ft 11.1M

-51.36%

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

$70.7 ₦93.8K

$170 Ft 55.3K

-58.43%

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

$5.14 ₦6,827

$23.98 Ft 7,802

-78.57%

Internet (50+ Mbps, Unlimited Data)

$22.46 ₦29.8K

$23.42 Ft 7,621

-4.10%

Gym Membership (Monthly)

$20.13 ₦26.7K

$66.2 Ft 21.6K

-69.61%

Tennis Court (1 Hour on Weekend)

$6.84 ₦9,083

$19.18 Ft 6,239

-64.34%

Cinema Ticket

$4.67 ₦6,208

$9.52 Ft 3,098

-50.95%

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

$63.6 ₦84.5K

$537 Ft 174.6K

-88.15%

International Primary School, 1 Child (Yearly)

$4,258 ₦5.7M

$16.6K Ft 5.4M

-74.36%

Jeans (Levis 501 Or Similar)

$12.90 ₦17.1K

$101 Ft 33.0K

-87.27%

Summer Dress (H&M, Zara, etc)

$19.86 ₦26.4K

$42.99 Ft 14.0K

-53.80%

Sport Shoes (Adidas, Nike)

$35.48 ₦47.1K

$113 Ft 36.7K

-68.53%

Men's Leather Business Shoes

$36.69 ₦48.7K

$119 Ft 38.6K

-69.10%

1-bedroom Apartment, City Center (Monthly)

$496 ₦659.2K

$805 Ft 262.0K

-38.36%

1-bedroom Apartment, Outside City Center (Monthly)

$327 ₦433.9K

$629 Ft 204.7K

-48.09%

3-bedroom Apartment, City Center (Monthly)

$1,499 ₦2.0M

$1,549 Ft 504.1K

-3.26%

3-bedroom Apartment, Outside City Center (Monthly)

$840 ₦1.1M

$1,167 Ft 379.7K

-28.00%

Buy Apartment in City Center (m2)

$2,614 ₦3.5M

$5,618 Ft 1.8M

-53.48%

Buy Apartment Outside City Center (m2)

$1,182 ₦1.6M

$3,968 Ft 1.3M

-70.22%

Average Monthly Net Salary (After Tax)

$92.2 ₦122.5K

$1,626 Ft 529.0K

-94.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

17.83

6.43

177.29%

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

Last update for Nigeria: October 5, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Nigeria

$327 43.5%

Budapest

$629 38.7% 92.6% $303

Groceries & Markets

Nigeria

$162 21.5%

Budapest

$258 15.8% 59.2% $96

Monthly Utilities & Internet

Nigeria

$98 13.1%

Budapest

$217 13.4% 121% $119

Eating Out

Nigeria

$65 8.7%

Budapest

$224 13.8% 245% $159

Clothing & Footwear

Nigeria

$47 6.3%

Budapest

$169 10.4% 258% $122

Sport & Entertainment

Nigeria

$29 3.9%

Budapest

$85 5.2% 189% $56

Getting Around

Nigeria

$23 3%

Budapest

$43 2.7% 92.1% $21

Good to know

🇳🇬 Nigeria

🇭🇺 Budapest

🕒 Local time

08:14 8:14 AM

09:14 9:14 AM

1 h ahead of Nigeria

🌤 Weather

👥 Population

211,400,708

1,686,222 Capital

💱 Currency

Nigerian Naira NGN ₦

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 NGN = 7.53 USD

10,000 NGN = 6.71 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to NGN – Nigerian Naira Converter

🇺🇸 United States Dollar ($)

🇳🇬 Nigerian Naira (₦)

Nigerian Naira exchange rates as of October 10, 2026: 1 USD = 1,328 NGN (10,000 NGN = 7.53 USD). 1 EUR = 1,490 NGN (10,000 NGN = 6.71 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 NGN in detail →

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Between locations

Nigeria Budapest 4,410 km ≈ 6 h nonstop flight

From you

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Budapest

Distances are measured in a straight line. Your location is detected approximately.

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HUF, USD, EUR to NGN – Nigerian Naira Converter

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