Last update: Oct 2026

Cost of Living Comparison Between Quito and Budapest

For one person, living is cheaper in Quito: $979 a month against $1,621 in Budapest, rent and utilities included – about $7,700 less a year. Rent and utilities account for most of the difference.

48

Cost of Living Index in Quito
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Quito Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Quito

🇪🇨 Ecuador

$979

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $979 per month in Quito vs $1,621 in Budapest, rent included.

Quito $979
Budapest $1,621

A couple spends around $1,607 per month in Quito vs $2,555 in Budapest, rent included.

Quito $1,607
Budapest $2,555

A family of three spends $2,234 per month in Quito vs $3,489 in Budapest, rent included.

Quito $2,234
Budapest $3,489

Quito is about 40% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

Quito sits 27% below the global median, while Budapest is 21% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.14 $6.14

$13.99 Ft 4,555

-56.11%

Three-Course Dinner for Two, Mid-Range

$53.9 $53.9

$60.3 Ft 19.7K

-10.69%

Fast Food Meal (McDonalds, etc)

$7.81 $7.81

$9.96 Ft 3,244

-21.59%

Cappuccino

$3.42 $3.42

$3.38 Ft 1,102

1.18%

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

$1.44 $1.44

$2.13 Ft 693

-32.39%

Water (0.33 liter bottle)

$1.14 $1.14

$1.87 Ft 609

-39.04%

Local Beer (0.5 liter draught)

$3.48 $3.48

$3.75 Ft 1,222

-7.20%

Imported Beer (0.33 liter bottle)

$5.89 $5.89

$3.57 Ft 1,163

64.99%

Milk (1 liter)

$1.14 $1.14

$1.13 Ft 369

0.88%

White Bread (500g)

$1.54 $1.54

$1.84 Ft 600

-16.30%

Rice (white) (1kg)

$1.51 $1.51

$2.39 Ft 777

-36.82%

Eggs

$2.16 $2.16

$3.83 Ft 1,246

-43.60%

Local Cheese (1kg)

$6.40 $6.40

$11.33 Ft 3,689

-43.51%

Chicken Fillets (1kg)

$5.48 $5.48

$6.74 Ft 2,194

-18.69%

Beef Round Steak (1kg)

$7.81 $7.81

$14.69 Ft 4,784

-46.83%

Apples (1kg)

$2.33 $2.33

$1.84 Ft 598

26.63%

Banana (1kg)

$1.24 $1.24

$2.01 Ft 654

-38.31%

Oranges (1kg)

$1.31 $1.31

$2.36 Ft 767

-44.49%

Tomato (1kg)

$1.14 $1.14

$3.77 Ft 1,227

-69.76%

Potato (1kg)

$1.21 $1.21

$0.96 Ft 314

26.04%

Onion (1kg)

$1.02 $1.02

$1.03 Ft 335

-0.97%

Lettuce (1 head)

$0.93 $0.93

$1.56 Ft 509

-40.38%

Water (1.5 liter bottle)

$1.05 $1.05

$0.66 Ft 216

59.09%

Cigarettes 20 Pack (Marlboro, Camel)

$6.02 $6.02

$7.96 Ft 2,594

-24.37%

Wine (Bottle)

$9.93 $9.93

$6.01 Ft 1,956

65.22%

Local Beer (0.5 liter bottle)

$1.59 $1.59

$1.30 Ft 422

22.31%

Imported Beer (0.33 liter bottle)

$3.08 $3.08

$2.08 Ft 677

48.08%

One-way Ticket (Public Transport)

$0.37 $0.37

$1.50 Ft 490

-75.33%

Public Transport Monthly Pass (Regular Price)

$20.95 $20.95

$27.61 Ft 8,991

-24.12%

Taxi Start (Normal Tariff)

$1.54 $1.54

$3.30 Ft 1,075

-53.33%

Taxi (Normal Tariff) (1km)

$1.53 $1.53

$1.30 Ft 424

17.69%

Taxi 1hour Waiting (Normal Tariff)

$10.01 $10.01

$19.78 Ft 6,442

-49.39%

Gasoline (1 liter)

$0.87 $0.87

$1.81 Ft 591

-51.93%

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

$21.0K $21.0K

$29.3K Ft 9.6M

-28.45%

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

$28.6K $28.6K

$34.1K Ft 11.1M

-16.29%

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

$28.97 $28.97

$170 Ft 55.3K

-82.95%

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

$17.57 $17.57

$23.98 Ft 7,809

-26.73%

Internet (50+ Mbps, Unlimited Data)

$28.14 $28.14

$23.42 Ft 7,628

20.15%

Gym Membership (Monthly)

$46.48 $46.48

$66.2 Ft 21.6K

-29.83%

Tennis Court (1 Hour on Weekend)

$17.70 $17.70

$19.18 Ft 6,245

-7.72%

Cinema Ticket

$6.38 $6.38

$9.52 Ft 3,101

-32.98%

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

$746 $746

$537 Ft 174.8K

39.07%

International Primary School, 1 Child (Yearly)

$9,015 $9,015

$16.6K Ft 5.4M

-45.71%

Jeans (Levis 501 Or Similar)

$68.8 $68.8

$101 Ft 33.0K

-32.11%

Summer Dress (H&M, Zara, etc)

$50.4 $50.4

$42.99 Ft 14.0K

17.12%

Sport Shoes (Adidas, Nike)

$117 $117

$113 Ft 36.7K

4.20%

Men's Leather Business Shoes

$109 $109

$119 Ft 38.7K

-8.20%

1-bedroom Apartment, City Center (Monthly)

$478 $478

$805 Ft 262.2K

-40.62%

1-bedroom Apartment, Outside City Center (Monthly)

$313 $313

$629 Ft 204.9K

-50.23%

3-bedroom Apartment, City Center (Monthly)

$967 $967

$1,549 Ft 504.6K

-37.56%

3-bedroom Apartment, Outside City Center (Monthly)

$549 $549

$1,167 Ft 380.1K

-52.95%

Buy Apartment in City Center (m2)

$1,763 $1,763

$5,618 Ft 1.8M

-68.62%

Buy Apartment Outside City Center (m2)

$720 $720

$3,968 Ft 1.3M

-81.85%

Average Monthly Net Salary (After Tax)

$597 $597

$1,626 Ft 529.5K

-63.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.12

6.43

57.39%

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

Last update for Quito: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Quito

$313 31.8%

Budapest

$629 38.7% 101% $316

Groceries & Markets

Quito

$198 20.1%

Budapest

$258 15.8% 30.4% $60

Clothing & Footwear

Quito

$156 15.8%

Budapest

$169 10.4% 8.7% $14

Eating Out

Quito

$153 15.5%

Budapest

$224 13.8% 46.5% $71

Monthly Utilities & Internet

Quito

$75 7.6%

Budapest

$217 13.4% 191% $143

Sport & Entertainment

Quito

$59 6%

Budapest

$85 5.2% 44% $26

Getting Around

Quito

$32 3.2%

Budapest

$43 2.7% 37.3% $12

Cost Breakdown

A central one-bedroom costs $478 in Quito 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.

Salaries run about 172% 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 $54.0 in Quito versus $60.0 in Budapest. Monthly groceries follow the same trend: $198 vs $258 – making Quito the more affordable choice for daily food spending.

Good to know

🇪🇨 Quito

🇭🇺 Budapest

🕒 Local time

23:57 11:57 PM

06:57 6:57 AM

7 h ahead of Quito

🌤 Weather

👥 Population

2,671,191 Capital

1,686,222 Capital

💱 Currency

United States Dollar USD $

Hungarian Forint HUF Ft

📈 Exchange rate

1 USD = 0.892 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 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 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

HUF to USD in detail →

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Between locations

Quito Budapest 10,590 km ≈ 14 h nonstop flight

From you

Quito
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

Quito vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 66%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,468 per month in Quito 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 Quito, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 32% less in Quito. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $746 per month in Quito and $537 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 Quito, where all-in costs run around $979, than in Budapest at $1,621. In Quito it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Quito – 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 Quito. 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.