Last update: Oct 2026

Cost of Living Comparison Between Oyo and Budapest

For one person, living is cheaper in Oyo: $626 a month against $1,619 in Budapest, rent and utilities included – about $11,900 less a year. Rent and utilities account for about half of the difference.

30

Cost of Living Index in Oyo
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Oyo Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

Jump to prices

Oyo

🇳🇬 Nigeria

$626

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $626 per month in Oyo vs $1,619 in Budapest, rent included.

Oyo $626
Budapest $1,619

A couple spends around $1,161 per month in Oyo vs $2,524 in Budapest, rent included.

Oyo $1,161
Budapest $2,524

A family of three spends $1,695 per month in Oyo vs $3,429 in Budapest, rent included.

Oyo $1,695
Budapest $3,429

Oyo is about 61% cheaper than Budapest, and outside of rent the biggest gap is in clothing.

Oyo sits 54% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$3.72 ₦4,947

$13.94 Ft 4,503

-73.31%

Three-Course Dinner for Two, Mid-Range

$50.8 ₦67.5K

$61.2 Ft 19.8K

-17.09%

Fast Food Meal (McDonalds, etc)

$7.48 ₦9,946

$10.19 Ft 3,291

-26.59%

Cappuccino

$2.79 ₦3,711

$3.26 Ft 1,055

-14.42%

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

$0.40 ₦536

$2.14 Ft 690

-81.31%

Water (0.33 liter bottle)

$0.12 ₦166

$1.78 Ft 577

-93.26%

Local Beer (0.5 liter draught)

$0.39 ₦520

$3.71 Ft 1,198

-89.49%

Imported Beer (0.33 liter bottle)

$0.51 ₦677

$3.77 Ft 1,217

-86.47%

Milk (1 liter)

$3.08 ₦4,090

$1.15 Ft 371

167.83%

White Bread (500g)

$0.52 ₦691

$1.79 Ft 578

-70.95%

Rice (white) (1kg)

$0.89 ₦1,182

$2.49 Ft 804

-64.26%

Eggs

$2.25 ₦2,994

$3.90 Ft 1,261

-42.31%

Local Cheese (1kg)

$3.61 ₦4,799

$11.10 Ft 3,587

-67.48%

Chicken Fillets (1kg)

$3.88 ₦5,167

$6.62 Ft 2,139

-41.39%

Beef Round Steak (1kg)

$4.54 ₦6,035

$14.69 Ft 4,745

-69.09%

Apples (1kg)

$1.65 ₦2,189

$1.83 Ft 591

-9.84%

Banana (1kg)

$1.28 ₦1,703

$2.05 Ft 661

-37.56%

Oranges (1kg)

$1.14 ₦1,519

$2.37 Ft 765

-51.90%

Tomato (1kg)

$1.29 ₦1,714

$3.90 Ft 1,260

-66.92%

Potato (1kg)

$1.32 ₦1,754

$0.99 Ft 320

33.33%

Onion (1kg)

$1.35 ₦1,792

$1.00 Ft 322

35.00%

Lettuce (1 head)

$0.89 ₦1,181

$1.58 Ft 511

-43.67%

Water (1.5 liter bottle)

$0.31 ₦417

$0.67 Ft 216

-53.73%

Cigarettes 20 Pack (Marlboro, Camel)

$0.55 ₦731

$7.96 Ft 2,572

-93.09%

Wine (Bottle)

$2.52 ₦3,350

$6.22 Ft 2,009

-59.49%

Local Beer (0.5 liter bottle)

$0.36 ₦484

$1.27 Ft 411

-71.65%

Imported Beer (0.33 liter bottle)

$0.49 ₦656

$2.03 Ft 654

-75.86%

One-way Ticket (Public Transport)

$0.37 ₦488

$1.52 Ft 490

-75.66%

Public Transport Monthly Pass (Regular Price)

$14.98 ₦19.9K

$28.02 Ft 9,053

-46.54%

Taxi Start (Normal Tariff)

$0.67 ₦891

$3.31 Ft 1,070

-79.76%

Taxi (Normal Tariff) (1km)

$0.92 ₦1,222

$1.37 Ft 442

-32.85%

Taxi 1hour Waiting (Normal Tariff)

$2.24 ₦2,982

$19.83 Ft 6,406

-88.70%

Gasoline (1 liter)

$0.82 ₦1,096

$1.82 Ft 589

-54.95%

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

$11.4K ₦15.1M

$29.8K Ft 9.6M

-61.85%

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

$13.9K ₦18.4M

$33.8K Ft 10.9M

-59.02%

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

$14.96 ₦19.9K

$171 Ft 55.3K

-91.26%

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

$14.73 ₦19.6K

$23.51 Ft 7,596

-37.35%

Internet (50+ Mbps, Unlimited Data)

$33.32 ₦44.3K

$23.29 Ft 7,526

43.07%

Gym Membership (Monthly)

$14.81 ₦19.7K

$67.5 Ft 21.8K

-78.07%

Tennis Court (1 Hour on Weekend)

$4.69 ₦6,235

$18.89 Ft 6,104

-75.17%

Cinema Ticket

$6.19 ₦8,230

$9.30 Ft 3,004

-33.44%

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

$658 ₦875.1K

$533 Ft 172.3K

23.36%

International Primary School, 1 Child (Yearly)

$19.9K ₦26.5M

$16.8K Ft 5.4M

18.92%

Jeans (Levis 501 Or Similar)

$6.07 ₦8,075

$99.6 Ft 32.2K

-93.91%

Summer Dress (H&M, Zara, etc)

$17.88 ₦23.8K

$43.49 Ft 14.0K

-58.89%

Sport Shoes (Adidas, Nike)

$14.98 ₦19.9K

$110 Ft 35.7K

-86.43%

Men's Leather Business Shoes

$10.71 ₦14.2K

$119 Ft 38.4K

-91.00%

1-bedroom Apartment, City Center (Monthly)

$432 ₦574.1K

$830 Ft 268.3K

-48.03%

1-bedroom Apartment, Outside City Center (Monthly)

$260 ₦345.9K

$622 Ft 200.9K

-58.19%

3-bedroom Apartment, City Center (Monthly)

$1,111 ₦1.5M

$1,594 Ft 514.9K

-30.30%

3-bedroom Apartment, Outside City Center (Monthly)

$689 ₦916.8K

$1,170 Ft 378.1K

-41.10%

Buy Apartment in City Center (m2)

$751 ₦998.8K

$5,832 Ft 1.9M

-87.12%

Buy Apartment Outside City Center (m2)

$187 ₦249.1K

$3,889 Ft 1.3M

-95.18%

Average Monthly Net Salary (After Tax)

$33.32 ₦44.3K

$1,651 Ft 533.4K

-97.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

55.04%

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

Last update for Oyo: October 10, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Oyo

$260 41.5%

Budapest

$622 38.4% 139% $362

Groceries & Markets

Oyo

$141 22.5%

Budapest

$258 15.9% 82.8% $117

Eating Out

Oyo

$91 14.5%

Budapest

$223 13.8% 146% $132

Monthly Utilities & Internet

Oyo

$63 10.1%

Budapest

$218 13.5% 246% $155

Sport & Entertainment

Oyo

$27 4.3%

Budapest

$86 5.3% 217% $59

Clothing & Footwear

Oyo

$22 3.6%

Budapest

$168 10.4% 650% $145

Getting Around

Oyo

$22 3.5%

Budapest

$44 2.7% 104% $23

Cost Breakdown

A central one-bedroom costs $432 in Oyo 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 4855% 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 $51.0 in Oyo versus $61.0 in Budapest. Monthly groceries follow the same trend: $141 vs $258 – making Oyo the more affordable choice for daily food spending.

Good to know

🇳🇬 Oyo

🇭🇺 Budapest

🕒 Local time

17:23 5:23 PM

18:23 6:23 PM

1 h ahead of Oyo

🌤 Weather

👥 Population

736,100

1,686,222 Capital

💱 Currency

Nigerian Naira NGN ₦

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 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 17, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,496 NGN (10,000 NGN = 6.69 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 NGN in detail →

On the map

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Between locations

Oyo Budapest 4,640 km ≈ 6 h nonstop flight

From you

Oyo
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

Oyo vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 159%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $939 per month in Oyo 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 Oyo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 87% less in Oyo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $658 per month in Oyo 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 Oyo, where all-in costs run around $626, than in Budapest at $1,619. In Oyo it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Oyo – 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 Oyo. 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.