Last update: Oct 2026

Cost of Living Comparison Between Raleigh, NC and Budapest

For one person, living is cheaper in Budapest: $1,621 a month against $2,666 in Raleigh, NC, rent and utilities included – about $12,500 less a year. Rent and utilities account for most of the difference.

128

Cost of Living Index in Raleigh, NC
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Raleigh, NC Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Raleigh, NC

🇺🇸 United States

$2,666

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $2,666 per month in Raleigh, NC vs $1,621 in Budapest, rent included.

Raleigh, NC $2,666
Budapest $1,621

A couple spends around $3,913 per month in Raleigh, NC vs $2,555 in Budapest, rent included.

Raleigh, NC $3,913
Budapest $2,555

A family of three spends $5,159 per month in Raleigh, NC vs $3,489 in Budapest, rent included.

Raleigh, NC $5,159
Budapest $3,489

Raleigh, NC costs about 64% more than Budapest, and outside of rent the biggest gap is in groceries.

Both Raleigh, NC and Budapest sit above the global median – Raleigh, NC by 99%, Budapest by 21%.

Meal at Budget Restaurant

$23.68 $23.68

$13.99 Ft 4,551

69.26%

Three-Course Dinner for Two, Mid-Range

$98.9 $98.9

$60.3 Ft 19.6K

63.85%

Fast Food Meal (McDonalds, etc)

$10.92 $10.92

$9.96 Ft 3,241

9.64%

Cappuccino

$5.80 $5.80

$3.38 Ft 1,100

71.60%

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

$2.88 $2.88

$2.13 Ft 692

35.21%

Water (0.33 liter bottle)

$2.21 $2.21

$1.87 Ft 608

18.18%

Local Beer (0.5 liter draught)

$6.09 $6.09

$3.75 Ft 1,221

62.40%

Imported Beer (0.33 liter bottle)

$7.10 $7.10

$3.57 Ft 1,162

98.88%

Milk (1 liter)

$0.92 $0.92

$1.13 Ft 368

-18.58%

White Bread (500g)

$3.85 $3.85

$1.84 Ft 599

109.24%

Rice (white) (1kg)

$3.10 $3.10

$2.39 Ft 777

29.71%

Eggs

$4.70 $4.70

$3.83 Ft 1,245

22.72%

Local Cheese (1kg)

$15.26 $15.26

$11.33 Ft 3,686

34.69%

Chicken Fillets (1kg)

$9.82 $9.82

$6.74 Ft 2,192

45.70%

Beef Round Steak (1kg)

$18.08 $18.08

$14.69 Ft 4,780

23.08%

Apples (1kg)

$6.54 $6.54

$1.84 Ft 597

255.43%

Banana (1kg)

$1.25 $1.25

$2.01 Ft 653

-37.81%

Oranges (1kg)

$4.58 $4.58

$2.36 Ft 767

94.07%

Tomato (1kg)

$5.90 $5.90

$3.77 Ft 1,226

56.50%

Potato (1kg)

$3.01 $3.01

$0.96 Ft 313

213.54%

Onion (1kg)

$3.65 $3.65

$1.03 Ft 334

254.37%

Lettuce (1 head)

$2.08 $2.08

$1.56 Ft 509

33.33%

Water (1.5 liter bottle)

$2.23 $2.23

$0.66 Ft 216

237.88%

Cigarettes 20 Pack (Marlboro, Camel)

$9.60 $9.60

$7.96 Ft 2,591

20.60%

Wine (Bottle)

$14.94 $14.94

$6.01 Ft 1,954

148.59%

Local Beer (0.5 liter bottle)

$2.22 $2.22

$1.30 Ft 421

70.77%

Imported Beer (0.33 liter bottle)

$2.73 $2.73

$2.08 Ft 676

31.25%

One-way Ticket (Public Transport)

$1.39 $1.39

$1.50 Ft 489

-7.33%

Public Transport Monthly Pass (Regular Price)

$40.65 $40.65

$27.61 Ft 8,982

47.23%

Taxi Start (Normal Tariff)

$2.99 $2.99

$3.30 Ft 1,074

-9.39%

Taxi (Normal Tariff) (1km)

$1.94 $1.94

$1.30 Ft 424

49.23%

Taxi 1hour Waiting (Normal Tariff)

$18.35 $18.35

$19.78 Ft 6,436

-7.23%

Gasoline (1 liter)

$0.97 $0.97

$1.81 Ft 591

-46.41%

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

$36.3K $36.3K

$29.3K Ft 9.5M

23.67%

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

$25.0K $25.0K

$34.1K Ft 11.1M

-26.73%

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

$193 $193

$170 Ft 55.3K

13.47%

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

$57.0 $57.0

$23.98 Ft 7,802

137.66%

Internet (50+ Mbps, Unlimited Data)

$67.1 $67.1

$23.42 Ft 7,621

186.34%

Gym Membership (Monthly)

$36.25 $36.25

$66.2 Ft 21.6K

-45.27%

Tennis Court (1 Hour on Weekend)

$5.10 $5.10

$19.18 Ft 6,239

-73.41%

Cinema Ticket

$15.28 $15.28

$9.52 Ft 3,098

60.50%

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

$1,463 $1,463

$537 Ft 174.6K

172.63%

International Primary School, 1 Child (Yearly)

$24.2K $24.2K

$16.6K Ft 5.4M

45.85%

Jeans (Levis 501 Or Similar)

$53.5 $53.5

$101 Ft 33.0K

-47.20%

Summer Dress (H&M, Zara, etc)

$58.9 $58.9

$42.99 Ft 14.0K

36.89%

Sport Shoes (Adidas, Nike)

$92.6 $92.6

$113 Ft 36.7K

-17.85%

Men's Leather Business Shoes

$142 $142

$119 Ft 38.6K

19.51%

1-bedroom Apartment, City Center (Monthly)

$1,750 $1,750

$805 Ft 262.0K

117.37%

1-bedroom Apartment, Outside City Center (Monthly)

$1,298 $1,298

$629 Ft 204.7K

106.24%

3-bedroom Apartment, City Center (Monthly)

$3,055 $3,055

$1,549 Ft 504.1K

97.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,028 $2,028

$1,167 Ft 379.7K

73.74%

Buy Apartment in City Center (m2)

$3,971 $3,971

$5,618 Ft 1.8M

-29.33%

Buy Apartment Outside City Center (m2)

$2,149 $2,149

$3,968 Ft 1.3M

-45.85%

Average Monthly Net Salary (After Tax)

$4,299 $4,299

$1,626 Ft 529.0K

164.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.61

6.43

2.80%

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

Last update for Raleigh, NC: 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

Raleigh, NC

$1.3K 48.7%

Budapest

$629 38.7% 51.5% $669

Groceries & Markets

Raleigh, NC

$414 15.5%

Budapest

$258 15.8% 37.8% $156

Eating Out

Raleigh, NC

$357 13.4%

Budapest

$224 13.8% 37.2% $133

Monthly Utilities & Internet

Raleigh, NC

$317 11.9%

Budapest

$217 13.4% 31.4% $100

Clothing & Footwear

Raleigh, NC

$156 5.9%

Budapest

$169 10.4% 8.3% $13

Sport & Entertainment

Raleigh, NC

$67 2.5%

Budapest

$85 5.2% 27.6% $18

Getting Around

Raleigh, NC

$59 2.2%

Budapest

$43 2.7% 26.2% $15

Cost Breakdown

A central one-bedroom costs $1,750 in Raleigh, NC 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 164% higher in Raleigh, NC, 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 $99.0 in Raleigh, NC versus $60.0 in Budapest. Monthly groceries follow the same trend: $414 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇺🇸 Raleigh, NC

🇭🇺 Budapest

🕒 Local time

03:15 3:15 AM

09:15 9:15 AM

6 h ahead of Raleigh, NC

🌤 Weather

👥 Population

431,746

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 = 325 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

Raleigh, NC Budapest 7,680 km ≈ 10 h nonstop flight

From you

Raleigh, NC
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

Raleigh, NC vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Raleigh, NC is pricier by about 64%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,998 per month in Raleigh, NC 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 Budapest, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 47% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,463 per month in Raleigh, NC and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in Raleigh, NC at $2,666. In Budapest it covers expenses comfortably, while in Raleigh, NC 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, Raleigh, NC makes more sense. Both are solid long-term options with distinct trade-offs.