Last update: Oct 2026

Cost of Living Comparison Between Parma, OH and Budapest

For one person, living is cheaper in Budapest: $1,619 a month against $2,206 in Parma, OH, rent and utilities included – about $7,000 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Parma, OH
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Parma, OH Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Parma, OH

🇺🇸 United States

$2,206

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $2,206 per month in Parma, OH vs $1,619 in Budapest, rent included.

Parma, OH $2,206
Budapest $1,619

A couple spends around $3,315 per month in Parma, OH vs $2,524 in Budapest, rent included.

Parma, OH $3,315
Budapest $2,524

A family of three spends $4,425 per month in Parma, OH vs $3,429 in Budapest, rent included.

Parma, OH $4,425
Budapest $3,429

Parma, OH costs about 36% more than Budapest, and outside of rent the biggest gap is in groceries.

Both Parma, OH and Budapest sit above the global median – Parma, OH by 63%, Budapest by 20%.

Meal at Budget Restaurant

$18.30 $18.30

$13.94 Ft 4,503

31.28%

Three-Course Dinner for Two, Mid-Range

$62.6 $62.6

$61.2 Ft 19.8K

2.25%

Fast Food Meal (McDonalds, etc)

$11.58 $11.58

$10.19 Ft 3,291

13.64%

Cappuccino

$5.56 $5.56

$3.26 Ft 1,055

70.55%

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

$2.52 $2.52

$2.14 Ft 690

17.76%

Water (0.33 liter bottle)

$1.95 $1.95

$1.78 Ft 577

9.55%

Local Beer (0.5 liter draught)

$5.95 $5.95

$3.71 Ft 1,198

60.38%

Imported Beer (0.33 liter bottle)

$8.19 $8.19

$3.77 Ft 1,217

117.24%

Milk (1 liter)

$0.88 $0.88

$1.15 Ft 371

-23.48%

White Bread (500g)

$3.26 $3.26

$1.79 Ft 578

82.12%

Rice (white) (1kg)

$4.28 $4.28

$2.49 Ft 804

71.89%

Eggs

$3.95 $3.95

$3.90 Ft 1,261

1.28%

Local Cheese (1kg)

$13.55 $13.55

$11.10 Ft 3,587

22.07%

Chicken Fillets (1kg)

$12.48 $12.48

$6.62 Ft 2,139

88.52%

Beef Round Steak (1kg)

$17.83 $17.83

$14.69 Ft 4,745

21.38%

Apples (1kg)

$4.87 $4.87

$1.83 Ft 591

166.12%

Banana (1kg)

$1.54 $1.54

$2.05 Ft 661

-24.88%

Oranges (1kg)

$4.06 $4.06

$2.37 Ft 765

71.31%

Tomato (1kg)

$4.82 $4.82

$3.90 Ft 1,260

23.59%

Potato (1kg)

$2.49 $2.49

$0.99 Ft 320

151.52%

Onion (1kg)

$3.06 $3.06

$1.00 Ft 322

206.00%

Lettuce (1 head)

$2.26 $2.26

$1.58 Ft 511

43.04%

Water (1.5 liter bottle)

$2.17 $2.17

$0.67 Ft 216

223.88%

Cigarettes 20 Pack (Marlboro, Camel)

$10.02 $10.02

$7.96 Ft 2,572

25.88%

Wine (Bottle)

$14.75 $14.75

$6.22 Ft 2,009

137.14%

Local Beer (0.5 liter bottle)

$2.51 $2.51

$1.27 Ft 411

97.64%

Imported Beer (0.33 liter bottle)

$3.38 $3.38

$2.03 Ft 654

66.50%

One-way Ticket (Public Transport)

$2.53 $2.53

$1.52 Ft 490

66.45%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$2.79 $2.79

$3.31 Ft 1,070

-15.71%

Taxi (Normal Tariff) (1km)

$1.58 $1.58

$1.37 Ft 442

15.33%

Taxi 1hour Waiting (Normal Tariff)

$24.29 $24.29

$19.83 Ft 6,406

22.49%

Gasoline (1 liter)

$1.04 $1.04

$1.82 Ft 589

-42.86%

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

$36.1K $36.1K

$29.8K Ft 9.6M

21.23%

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

$26.0K $26.0K

$33.8K Ft 10.9M

-23.17%

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

$211 $211

$171 Ft 55.3K

23.53%

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

$59.0 $59.0

$23.51 Ft 7,596

151.08%

Internet (50+ Mbps, Unlimited Data)

$68.6 $68.6

$23.29 Ft 7,526

194.46%

Gym Membership (Monthly)

$10.17 $10.17

$67.5 Ft 21.8K

-84.94%

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$12.03 $12.03

$9.30 Ft 3,004

29.35%

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

$1,095 $1,095

$533 Ft 172.3K

105.37%

International Primary School, 1 Child (Yearly)

$18.7K $18.7K

$16.8K Ft 5.4M

11.59%

Jeans (Levis 501 Or Similar)

$59.5 $59.5

$99.6 Ft 32.2K

-40.31%

Summer Dress (H&M, Zara, etc)

$39.55 $39.55

$43.49 Ft 14.0K

-9.06%

Sport Shoes (Adidas, Nike)

$101 $101

$110 Ft 35.7K

-8.62%

Men's Leather Business Shoes

$116 $116

$119 Ft 38.4K

-2.09%

1-bedroom Apartment, City Center (Monthly)

$964 $964

$830 Ft 268.3K

16.06%

1-bedroom Apartment, Outside City Center (Monthly)

$955 $955

$622 Ft 200.9K

53.58%

3-bedroom Apartment, City Center (Monthly)

$1,525 $1,525

$1,594 Ft 514.9K

-4.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,734 $1,734

$1,170 Ft 378.1K

48.15%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$3,595 $3,595

$1,651 Ft 533.4K

117.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

6.45

0.62%

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

Last update for Parma, OH: October 12, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Parma, OH

$955 43.3%

Budapest

$622 38.4% 34.9% $333

Groceries & Markets

Parma, OH

$402 18.2%

Budapest

$258 15.9% 35.9% $144

Monthly Utilities & Internet

Parma, OH

$339 15.4%

Budapest

$218 13.5% 35.7% $121

Eating Out

Parma, OH

$312 14.1%

Budapest

$223 13.8% 28.5% $89

Clothing & Footwear

Parma, OH

$142 6.5%

Budapest

$168 10.4% 17.7% $25

Sport & Entertainment

Parma, OH

$34 1.6%

Budapest

$86 5.3% 152% $52

Getting Around

Parma, OH

$21 * 0.9%

Budapest

$44 2.7% 112% $23

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $964 in Parma, OH 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 118% higher in Parma, OH, 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 $63.0 in Parma, OH versus $61.0 in Budapest. Monthly groceries follow the same trend: $402 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇺🇸 Parma, OH

🇭🇺 Budapest

🕒 Local time

16:19 4:19 PM

22:19 10:19 PM

6 h ahead of Parma, OH

🌤 Weather

👥 Population

79,982

1,686,222 Capital

💱 Currency

United States Dollar USD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 USD = 0.89 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, EUR to USD – United States Dollar Converter

🇭🇺 Hungarian Forint (Ft)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 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).

HUF to USD in detail →

On the map

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Between locations

Parma, OH Budapest 7,440 km ≈ 10 h nonstop flight

From you

Parma, OH
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

Parma, OH vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Parma, OH is pricier by about 36%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,309 per month in Parma, OH 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 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 $63.0 in Parma, OH and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 56% more in Parma, OH, 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 $1,619, than in Parma, OH at $2,206. In Budapest it covers expenses comfortably, while in Parma, OH 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, Parma, OH makes more sense. Both are solid long-term options with distinct trade-offs.