Last update: Oct 2026

Cost of Living Comparison Between Panevezys and Budapest

For one person, living is cheaper in Panevezys: $1,245 a month against $1,619 in Budapest, rent and utilities included – about $4,500 less a year. Rent and utilities account for most of the difference.

Panevezys
🇱🇹 Lithuania
$1,245
/mo nomad
Budapest
🇭🇺 Hungary
$1,619
/mo nomad
Monthly Cost of Living

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

A single person spends $1,245 per month in Panevezys vs $1,619 in Budapest, rent included.

  • Panevezys $1,245
  • Budapest $1,619

A couple spends around $1,874 per month in Panevezys vs $2,524 in Budapest, rent included.

  • Panevezys $1,874
  • Budapest $2,524

A family of three spends $2,503 per month in Panevezys vs $3,429 in Budapest, rent included.

  • Panevezys $2,503
  • Budapest $3,429

Panevezys is about 23% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Panevezys sits 8% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Panevezys
Budapest
Difference
Meal at Budget Restaurant
$12.08 €10.74
$13.94 Ft 4,503
-13.34%
Three-Course Dinner for Two, Mid-Range
$50.2 €44.64
$61.2 Ft 19.8K
-18.02%
Fast Food Meal (McDonalds, etc)
$6.65 €5.92
$10.19 Ft 3,291
-34.74%
Cappuccino
$3.03 €2.70
$3.26 Ft 1,055
-7.06%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.22 €1.97
$2.14 Ft 690
3.74%
Water (0.33 liter bottle)
$1.87 €1.66
$1.78 Ft 577
5.06%
Local Beer (0.5 liter draught)
$3.81 €3.39
$3.71 Ft 1,198
2.70%
Imported Beer (0.33 liter bottle)
$4.33 €3.86
$3.77 Ft 1,217
14.85%
🛒 Groceries & Markets
Panevezys
Budapest
Difference
Milk (1 liter)
$1.26 €1.12
$1.15 Ft 371
9.57%
White Bread (500g)
$1.47 €1.31
$1.79 Ft 578
-17.88%
Rice (white) (1kg)
$1.77 €1.57
$2.49 Ft 804
-28.92%
Eggs
$2.93 €2.60
$3.90 Ft 1,261
-24.87%
Local Cheese (1kg)
$10.15 €9.03
$11.10 Ft 3,587
-8.56%
Chicken Fillets (1kg)
$5.64 €5.02
$6.62 Ft 2,139
-14.80%
Beef Round Steak (1kg)
$9.49 €8.44
$14.69 Ft 4,745
-35.40%
Apples (1kg)
$1.69 €1.51
$1.83 Ft 591
-7.65%
Banana (1kg)
$1.44 €1.28
$2.05 Ft 661
-29.76%
Oranges (1kg)
$1.68 €1.49
$2.37 Ft 765
-29.11%
Tomato (1kg)
$2.93 €2.60
$3.90 Ft 1,260
-24.87%
Potato (1kg)
$0.58 €0.51
$0.99 Ft 320
-41.41%
Onion (1kg)
$0.92 €0.82
$1.00 Ft 322
-8.00%
Lettuce (1 head)
$1.51 €1.34
$1.58 Ft 511
-4.43%
Water (1.5 liter bottle)
$0.77 €0.69
$0.67 Ft 216
14.93%
Cigarettes 20 Pack (Marlboro, Camel)
$5.63 €5.01
$7.96 Ft 2,572
-29.27%
Wine (Bottle)
$8.43 €7.50
$6.22 Ft 2,009
35.53%
Local Beer (0.5 liter bottle)
$1.59 €1.41
$1.27 Ft 411
25.20%
Imported Beer (0.33 liter bottle)
$1.67 €1.49
$2.03 Ft 654
-17.73%
🚌 Getting Around
Panevezys
Budapest
Difference
One-way Ticket (Public Transport)
$0.75 €0.67
$1.52 Ft 490
-50.66%
Public Transport Monthly Pass (Regular Price)
$34.90 €31.05
$28.02 Ft 9,053
24.55%
Taxi Start (Normal Tariff)
$3.17 €2.82
$3.31 Ft 1,070
-4.23%
Taxi (Normal Tariff) (1km)
$0.86 €0.77
$1.37 Ft 442
-37.23%
Taxi 1hour Waiting (Normal Tariff)
$13.43 €11.95
$19.83 Ft 6,406
-32.27%
Gasoline (1 liter)
$1.67 €1.49
$1.82 Ft 589
-8.24%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.8K €23.8K
$29.8K Ft 9.6M
-10.22%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$28.5K €25.3K
$33.8K Ft 10.9M
-15.85%
🧾 Monthly Utilities & Internet
Panevezys
Budapest
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$205 €182
$171 Ft 55.3K
19.86%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.53 €13.81
$23.51 Ft 7,596
-33.94%
Internet (50+ Mbps, Unlimited Data)
$14.07 €12.51
$23.29 Ft 7,526
-39.59%
🎉 Sport & Entertainment
Panevezys
Budapest
Difference
Gym Membership (Monthly)
$65.9 €58.6
$67.5 Ft 21.8K
-2.44%
Tennis Court (1 Hour on Weekend)
$22.68 €20.17
$18.89 Ft 6,104
20.06%
Cinema Ticket
$8.79 €7.82
$9.30 Ft 3,004
-5.48%
🧸 Childcare & Education
Panevezys
Budapest
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$473 €421
$533 Ft 172.3K
-11.32%
International Primary School, 1 Child (Yearly)
$9,173 €8,159
$16.8K Ft 5.4M
-45.26%
👕👟 Clothing & Footwear
Panevezys
Budapest
Difference
Jeans (Levis 501 Or Similar)
$113 €100
$99.6 Ft 32.2K
13.10%
Summer Dress (H&M, Zara, etc)
$21.99 €19.56
$43.49 Ft 14.0K
-49.44%
Sport Shoes (Adidas, Nike)
$79.5 €70.7
$110 Ft 35.7K
-27.96%
Men's Leather Business Shoes
$171 €152
$119 Ft 38.4K
43.44%
🏠 Accommodation & Living
Panevezys
Budapest
Difference
1-bedroom Apartment, City Center (Monthly)
$427 €379
$830 Ft 268.3K
-48.64%
1-bedroom Apartment, Outside City Center (Monthly)
$292 €260
$622 Ft 200.9K
-53.01%
3-bedroom Apartment, City Center (Monthly)
$663 €590
$1,594 Ft 514.9K
-58.39%
3-bedroom Apartment, Outside City Center (Monthly)
$437 €389
$1,170 Ft 378.1K
-62.62%
Buy Apartment in City Center (m2)
$1,770 €1,574
$5,832 Ft 1.9M
-69.66%
Buy Apartment Outside City Center (m2)
$1,011 €899
$3,889 Ft 1.3M
-74.01%
💵 Salaries & Financials
Panevezys
Budapest
Difference
Average Monthly Net Salary (After Tax)
$1,467 €1,305
$1,651 Ft 533.4K
-11.13%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.97
6.45
-38.45%

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

Last update for Panevezys: 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
Panevezys
$292
Budapest
$622 113% $330
Monthly Utilities & Internet
Panevezys
$235
Budapest
$218 7.1% $17
Groceries & Markets
Panevezys
$219
Budapest
$258 18% $39
Eating Out
Panevezys
$197
Budapest
$223 13.2% $26
Clothing & Footwear
Panevezys
$173
Budapest
$168 3.2% $5.6
Sport & Entertainment
Panevezys
$83
Budapest
$86 3.2% $2.7
Getting Around
Panevezys
$45
Budapest
$44 2.5% $1.1

Cost Breakdown

A central one-bedroom costs $427 in Panevezys 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 13% 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 $50.0 in Panevezys versus $61.0 in Budapest. Monthly groceries follow the same trend: $219 vs $258 – making Panevezys the more affordable choice for daily food spending.

Good to know
🇱🇹 Panevezys
🇭🇺 Budapest
🕒 Local time
17:55 5:55 PM
16:55 4:55 PM
1 h behind Panevezys
🌤 Weather
👥 Population
99,690
1,686,222 Capital
💱 Currency
Euro EUR €
Exchange rates and currency converter

HUF, USD to EUR – Euro Converter

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

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).

On the map
Between locations
  • Panevezys Budapest 990 km ≈ 1 h 45 min nonstop flight
From you
  • Panevezys
  • 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
Panevezys vs Budapest: Cost of Living - Frequently Asked Questions
Is Budapest cheaper than Panevezys?
Yes – Budapest is pricier by about 30%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,867 per month in Panevezys and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Panevezys, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 25% less in Panevezys. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $473 per month in Panevezys and $533 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $1,500 a realistic budget for living in Panevezys or in Budapest?
A $1,500 monthly budget goes further in Panevezys, where all-in costs run around $1,245, than in Budapest at $1,619. In Panevezys it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.
Is Panevezys or Budapest more family-friendly?
Families tend to lean toward Panevezys – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Panevezys or Budapest?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Panevezys. 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.

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