Last update: Oct 2026

Cost of Living Comparison Between Raanana and Budapest

For one person, living is cheaper in Raanana: $1,272 a month against $1,619 in Budapest, rent and utilities included – about $4,200 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

62

Cost of Living Index in Raanana
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Raanana Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Raanana

🇮🇱 Israel

$1,272

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $1,272 per month in Raanana vs $1,619 in Budapest, rent included.

Raanana $1,272
Budapest $1,619

A couple spends around $3,023 per month in Raanana vs $2,524 in Budapest, rent included.

Raanana $3,023
Budapest $2,524

A family of three spends $4,773 per month in Raanana vs $3,429 in Budapest, rent included.

Raanana $4,773
Budapest $3,429

Raanana is about 21% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Raanana sits 6% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$22.42 ₪69.7

$13.94 Ft 4,503

60.83%

Three-Course Dinner for Two, Mid-Range

$96.7 ₪301

$61.2 Ft 19.8K

58.02%

Fast Food Meal (McDonalds, etc)

$20.10 ₪62.5

$10.19 Ft 3,291

97.25%

Cappuccino

$3.93 ₪12.22

$3.26 Ft 1,055

20.55%

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

$2.22 ₪6.90

$2.14 Ft 690

3.74%

Water (0.33 liter bottle)

$2.26 ₪7.03

$1.78 Ft 577

26.97%

Local Beer (0.5 liter draught)

$4.77 ₪14.86

$3.71 Ft 1,198

28.57%

Imported Beer (0.33 liter bottle)

$5.87 ₪18.28

$3.77 Ft 1,217

55.70%

Milk (1 liter)

$2.28 ₪7.09

$1.15 Ft 371

98.26%

White Bread (500g)

$2.41 ₪7.50

$1.79 Ft 578

34.64%

Rice (white) (1kg)

$2.28 ₪7.08

$2.49 Ft 804

-8.43%

Eggs

$4.03 ₪12.55

$3.90 Ft 1,261

3.33%

Local Cheese (1kg)

$22.30 ₪69.4

$11.10 Ft 3,587

100.90%

Chicken Fillets (1kg)

$13.32 ₪41.45

$6.62 Ft 2,139

101.21%

Beef Round Steak (1kg)

$28.78 ₪89.5

$14.69 Ft 4,745

95.92%

Apples (1kg)

$4.31 ₪13.42

$1.83 Ft 591

135.52%

Banana (1kg)

$3.95 ₪12.28

$2.05 Ft 661

92.68%

Oranges (1kg)

$2.43 ₪7.57

$2.37 Ft 765

2.53%

Tomato (1kg)

$2.97 ₪9.25

$3.90 Ft 1,260

-23.85%

Potato (1kg)

$1.70 ₪5.30

$0.99 Ft 320

71.72%

Onion (1kg)

$1.37 ₪4.26

$1.00 Ft 322

37.00%

Lettuce (1 head)

$3.40 ₪10.58

$1.58 Ft 511

115.19%

Water (1.5 liter bottle)

$0.99 ₪3.07

$0.67 Ft 216

47.76%

Cigarettes 20 Pack (Marlboro, Camel)

$14.10 ₪43.88

$7.96 Ft 2,572

77.14%

Wine (Bottle)

$10.85 ₪33.76

$6.22 Ft 2,009

74.44%

Local Beer (0.5 liter bottle)

$2.84 ₪8.83

$1.27 Ft 411

123.62%

Imported Beer (0.33 liter bottle)

$2.45 ₪7.64

$2.03 Ft 654

20.69%

One-way Ticket (Public Transport)

$2.55 ₪7.92

$1.52 Ft 490

67.76%

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$2.55 ₪7.95

$3.31 Ft 1,070

-22.96%

Taxi (Normal Tariff) (1km)

$1.28 ₪3.97

$1.37 Ft 442

-6.57%

Taxi 1hour Waiting (Normal Tariff)

$41.28 ₪128

$19.83 Ft 6,406

108.17%

Gasoline (1 liter)

$2.54 ₪7.90

$1.82 Ft 589

39.56%

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

$57.2K ₪178.0K

$29.8K Ft 9.6M

92.00%

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

$58.0K ₪180.4K

$33.8K Ft 10.9M

71.47%

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

$262 ₪815

$171 Ft 55.3K

53.17%

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

$11.44 ₪35.58

$23.51 Ft 7,596

-51.34%

Internet (50+ Mbps, Unlimited Data)

$44.34 ₪138

$23.29 Ft 7,526

90.38%

Gym Membership (Monthly)

$67.5 Ft 21.8K

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$12.85 ₪39.97

$9.30 Ft 3,004

38.17%

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

$1,144 ₪3,558

$533 Ft 172.3K

114.42%

International Primary School, 1 Child (Yearly)

$24.6K ₪76.6K

$16.8K Ft 5.4M

47.02%

Jeans (Levis 501 Or Similar)

$37.98 ₪118

$99.6 Ft 32.2K

-61.87%

Summer Dress (H&M, Zara, etc)

$41.29 ₪128

$43.49 Ft 14.0K

-5.06%

Sport Shoes (Adidas, Nike)

$98.7 ₪307

$110 Ft 35.7K

-10.57%

Men's Leather Business Shoes

$118 ₪367

$119 Ft 38.4K

-0.82%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

3-bedroom Apartment, City Center (Monthly)

$2,190 ₪6,815

$1,594 Ft 514.9K

37.45%

3-bedroom Apartment, Outside City Center (Monthly)

$1,857 ₪5,776

$1,170 Ft 378.1K

58.64%

Buy Apartment in City Center (m2)

$13.6K ₪42.3K

$5,832 Ft 1.9M

133.15%

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$3,912 ₪12.2K

$1,651 Ft 533.4K

136.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

-22.48%

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

Last update for Raanana: October 10, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Groceries & Markets

Raanana

$436 34.3%

Budapest

$258 15.9% 40.8% $178

Eating Out

Raanana

$340 26.8%

Budapest

$223 13.8% 34.5% $117

Monthly Utilities & Internet

Raanana

$318 25%

Budapest

$218 13.5% 31.4% $100

Clothing & Footwear

Raanana

$133 10.5%

Budapest

$168 10.4% 25.8% $34

Sport & Entertainment

Raanana

$26 * 2%

Budapest

$86 5.3% 235% $60

Getting Around

Raanana

$19 * 1.5%

Budapest

$44 2.7% 132% $25

Accommodation & Living

Raanana

- * 0%

Budapest

$622 38.4%

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

Cost Breakdown

Salaries run about 137% higher in Raanana, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $97.0 in Raanana versus $61.0 in Budapest. Monthly groceries follow the same trend: $436 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇮🇱 Raanana

🇭🇺 Budapest

🕒 Local time

03:49 3:49 AM

02:49 2:49 AM

1 h behind Raanana

🌤 Weather

👥 Population

91,534

1,686,222 Capital

💱 Currency

Israeli New Shekel ILS ₪

Hungarian Forint HUF Ft

📈 Exchange rate

1 ILS = 0.321 USD

1 ILS = 0.286 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to ILS – Israeli New Shekel Converter

🇺🇸 United States Dollar ($)

🇮🇱 Israeli New Shekel (₪)

Israeli New Shekel exchange rates as of October 18, 2026: 1 USD = 3.11 ILS (1 ILS = 0.321 USD). 1 EUR = 3.5 ILS (1 ILS = 0.286 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).

USD to ILS in detail →

On the map

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Between locations

Raanana Budapest 2,160 km ≈ 3 h 15 min nonstop flight

From you

Raanana
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

Raanana vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 27%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,908 per month in Raanana and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $97.0 in Raanana and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 69% cheaper in Budapest – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Raanana, where all-in costs run around $1,272, than in Budapest at $1,619. In Raanana it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Raanana – 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 Raanana. 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.